Expanded Polypropylene (EPP) Foam Industry Size, Share, Demand, Sales & Growth
by 2033
The expanded polypropylene (EPP) foam market is anticipated to thrive at a steady CAGR of
11.4% between 2023 and 2033. The market is expected to have a share of US$ 5.52
billion by 2033, while it is likely to be valued at US$ 1.87 billion in 2023.

The advent of smart packaging with insulation, more online shopping activities, and
other industrial applications are flourishing market growth. Furthermore, the diverse
range of product applications is also increasing the sales of EPP foam.

The expanding automotive sector, with enhanced cushioning in the seats and other
vehicle parts, is also consuming a big chunk of the market. Alongside this, the
restoration of the building and construction industry with the absorption of new
advancements is likely to transform the market.

Different grades and pricing increased industrial investment, and easy availability is
expected to penetrate the end-user preferences while also dominating as a material in
a wide range of sectors.

New factory operations involve the usage of this foam’s properties like water
resistance, thermal insulation, recyclability, and durability. The increased production
of automotive components that are assembled later is also gaining traction.

The higher economic activities in emerging Asian nations like India and China also
contribute to alternative, durable, and sustainable materials. Hence, higher
consumption of the expanded polypropylene (EPP) foam is expected during the
forecast period.
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Key Points
1. The United States market leads the North American expanded polypropylene (EPP)
foam market in terms of market share in North America. The United States held a
market share of 16.7% in 2022. The factors attributed to the growth are industrial
expansion and higher penetration of e-commerce platforms. The government
promoting alternative materials and their applications are also helping the regional
market.
2. The German expanded polypropylene (EPP) foam market held a healthy market share
of 13.1% in 2022. The advanced automotive sector and extended research and
development facilities cause market growth.
3. The Indian market thrives at a steady CAGR of 13.1% between 2023 and 2033. The
growth is attributed to booming automotive production and rising demand for new
grades.
4. China thrives at a CAGR of 12.3% between 2023 and 2033.
5. Based on grade type, the high-density segment held the leading market share of
50.0% in 2022.
6. Based on application type, the automotive industry segment leads as it held a market
share of 40.0% in 2022.
Competitive Landscape
The key suppliers focus on effective quality, different grades, and easy availability. The
competitors also merge, acquire, and partner with other companies to increase their supply
chain and distribution channel.
Recent Market Developments

Kaneka Corporation introduced molded foam components with different grades of
EPP foam for multiple uses, such as automotive, packaging, industrial insulation, and
others. The product has properties like shape molding, multiimpact, energy and water
absorption, flexibility, and resilience. Other than this, the foam’s structural strength,
durability, and lightweight dynamics also promote it as the ideal material for
automotive operations.

Sonoco Products Company, a foam packaging firm launched the expanded
polypropylene (EPP) and expanded polyethylene (EPE) foams.
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