Automotive Expanded Polypropylene (EPP) Foam Market

Automotive Expanded Polypropylene (EPP) Foam Market Overview

The report is titled as ‘Automotive Expanded Polypropylene (EPP) Foam Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Automotive Expanded Polypropylene (EPP) Foam market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.

Automotive Expanded Polypropylene (EPP) Foam Overview

The expanded polypropylene foam, more commonly known as EPP foam, can be perceived as a widely utilized foam material that serves a comprehensive range of applications including protection, insulation, packaging, and buoyancy among others. The expanded polypropylene foam is developed by casting and molding techniques and designed in the form of sheets or different custom molded sizes and shapes. In a precise manner, the expanded polypropylene foam is an immensely multifaceted closed-cell bead foam that offers an exclusive scale of attributes, including numerous impact resistance, tremendous energy absorption, buoyancy, thermal insulation, chemical and water resistance, extraordinarily great strength to weight ratio along with 100% recyclability.

EPP is extensively employed by leading automotive manufacturers attributing to its performance advantages for improved functionality, energy management, durability, lightweight, and recyclability. The applications in the automotive industry comprise bumpers, seating, door panels, stowage systems, floor levelers, pillars, head rests, parcel shelves, sun visors, tool kits, and myriad filler parts. The rapidly developing automotive industry, these days, along with the excellent heat and chemical resistance of EPP foams is majorly boosting the demand of EPP foam in the automotive industry all across the world. Owing to which, the automotive expanded polypropylene foam market is projected to rise significantly over the coming years.

Automotive Expanded Polypropylene (EPP) Foam Market Segmentation

The Automotive Expanded Polypropylene (EPP) Foam market is segmented on the basis of product type, product form, applications, sales channel, and region.

By Product Type

Synthetic Polypropylene

Bio-Based Polypropylene

By Product Form

Fabricated EPP

Molded EPP

By Applications

Shock Absorption Front & Rear Bumper

Car Seat with Insert Molding

Toolbox (Tire Mobility Kit Case)

Door Trim

Floor Components and Metal Inserted Parts

Others

By Sales Channel

OEM (Original Equipment Manufacturer)

Aftermarket

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Automotive Expanded Polypropylene (EPP) Foam Market Key Players

Some of the key participating players in Automotive Expanded Polypropylene (EPP) Foam market are:

FURUKAWA Electric Co. Ltd.

Sonoco Protective Solutions

Hanwha Corporation

DS Smith Plastics

BASF SE

The Woodbridge Group

JSP Corporation

Kaneka Corporation

SSW Pearl Foam GmbH

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product developments and launches

Global Automotive Industry Outlook

Top Companies Historical Growth Rate

Pricing Impact

Impact of Regulations

Advantages of Automotive Expanded Polypropylene (EPP) Foam

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.