Extruded Polypropylene (XPP) Foam Market
Extruded Polypropylene (XPP) Foam Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Extruded Polypropylene (XPP) Foam Market Size and Growth
The Extruded Polypropylene (XPP) Foam market is experiencing growth due to rising demand in packaging, automotive, and construction sectors. The market size is projected to reach approximately $1.5 billion by 2030, driven by lightweight, durable properties and increasing environmental awareness fostering the adoption of recyclable materials. Competitive innovations are shaping the landscape.
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Companies Covered
(Covid 19 Impact Covered)
◍ Borealis
◍ Mitsui Chemicals
◍ BASF
◍ JSP Corporation
◍ Sekisui Voltek
◍ Pregis
◍ Sonoco
◍ DS Smith
◍ NMC SA
◍ Zotefoams
◍ Toray Industries
◍ Braskem
◍ Sumitomo Chemical
◍ Sohner Plastics
◍ Furukawa Electric
The Extruded Polypropylene (XPP) Foam Market features key players like Borealis, BASF, and JSP Corporation, utilizing XPP for packaging, automotive, and insulation. Their innovations and sustainable practices drive market growth. Notable sales figures include:
- BASF: ~$70 billion (total revenue)
- Toray Industries: ~$18 billion (total revenue)
- Braskem: ~$15 billion (total revenue)
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Market Segmentation
By Application
Automotive
Packaging
Building & Construction
By Product
◍ Low-Density XPP Foam
High-Density XPP Foam
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Market Growth
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$ X Billion USD
