Skip to main content

Building Success on: Industrial Extruded Polypropylene (XPP) Foam Market Plan [2019 to 2023]

The XPP Foam Market is projected to grow from USD 751.0 million in 2018 to USD 1,048.8 million by 2023, at a CAGR of 6.9% between 2018 and 2023. The growth of the XPP foam market is primarily driven by the increasing demand from the automotive end-use industry due to its inherent characteristics such as light weight, temperature resistance, abrasion resistance, shock absorption, high melt strength, and recyclability.

Request a report sample @ http://bit.ly/2VsQ0Ec

XPP foam is widely used in bumpers, floor acoustic barriers, sun visors, side door panels as energy absorbers, headliners, and so on. It is becoming a preferred choice in the automotive industry as it offers high impact strength while enabling weight reduction.
The low-density type segment of XPP foam is projected to register the highest CAGR, in terms of both volume and value, during the forecast period. Low-density polypropylene foam is widely preferred in automotive, protective packaging, and insulation applications due to its properties such as recyclability, light weight, energy efficiency, and sustainability.

The automotive end-use industry is projected to be the fastest-growing segment, in terms of both volume and value, during the forecast period. XPP foam is becoming one of the fastest growing polymer foams used in the automotive industry due to its inherent advantages such as low density and recyclability.

These properties make XPP foam a preferred choice for OEM manufacturers to produce vehicles that are lightweight, energy efficient, and sustainable. It is generally used in bumpers, sun visors, front duct, floor duct, side door panels, seat & headrest, headliners, and so on.

Download PDF @ http://bit.ly/2IHZMfO

APAC is expected to be the largest and the fastest-growing market for XPP foam. The dominance of APAC is mainly backed by the rapid economic growth and growth of automotive, packaging, building & construction, and other end-use industries in the region. Rapid industrialization coupled with the improved standard of living also positively influences the growth of the market in the region.

 The region is a favorable destination for manufacturers of XPP foam due to the low cost of production and increasing demand from automotive end-use industries, especially from emerging countries, such as India and China.

Reference:
https://www.marketsandmarkets.com/Market-Reports/extruded-polypropylene-foam-market-136854934.html

For more Info Visit Blog: https://chemicalsresearchmarket.wordpress.com/blog/

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Dual Chamber Syringe Filling Machine Market Size,Insights, and Forecast 2025

  The Global Dual Chamber Syringe (DCS) Filling Machine Market size is projected to grow from USD 258 million in 2020 to USD 381 million by 2025, at a CAGR of 8.2% between 2020 and 2025. The growth is attributed to the growing biopharmaceutical industry, increasing production of lyophilized drugs and advancement in filling machine technologies. Browse 102 market data Tables and 29 Figures spread through 113 Pages and in-depth TOC on  "Dual Chamber Syringe (DCS) Filling Machine Market by Type (Automatic, Semi-Automatic and Manual), Application (Industrial Pharmacy and Hospital Pharmacy), and Region – Global Forecast To 2025". Syntegon Technology is one of the leading providers of packaging and processing technology. In 2019, Bosch (Germany) sold one of its subsidiaries, Bosch Packaging Technology, to CVC Capital Partners (Luxembourg) and was renamed as Syntegon Technology. The company manufactures products for four different segments, namely, pharma, biopharma & fine ...
Post a Comment
Read more

Agricultural chemicals application segment of solvents market is projected to grow at the highest CAGR by 2025

  The Solvents Market is projected to grow from USD 21.8 billion in 2020 to USD 30.0 billion by 2025, at a CAGR of 6.6% during the forecast period. The decline in crude oil prices and disruption in the supply chain impacted the market. The major drivers for the market is high demand for conventional solvents from applications such as home care, personal care, and pharmaceuticals amidst COVID-19. Key players in the solvents market include Royal Dutch Shell Plc. (Netherlands), Eastman Chemical Company (US), BASF SE (Germany), ExxonMobil Corporation (US), LyondellBasell Industries Holdings B.V. (Netherlands), Ashland Global Holdings Inc. (US), Huntsman Corporation (US), Celanese Corporation (US), Honeywell International Inc. (US), and INEOS Group AG (UK). These players have adopted various growth strategies, such as expansions, acquisitions, new product launches, agreements, and joint ventures, to strengthen their presence and increase their shares in the solvents market. The ag...
Post a Comment
Read more

Digitally Printed Wallpaper Market Statistics, Trends, Growth and Demand Report 2022- 2027

  The global digitally printed wallpaper market size in 2022 is estimated at USD 4.7 billion and is projected to reach USD 13.1 billion by 2027, at a CAGR of 22.4% from 2022 to 2027. The major drivers for the market include an growth in urbanization and increasing construction activities. However, rivalry from paint & coating producers limits the market growth. Moreover, the ever-increasing growth in commercial and marketing sectors is projected to boost the market for digitally printed wallpaper. Browse 162 market data Tables and 28 Figures spread through 152 Pages and in-depth TOC on  "Digitally Printed Wallpaper Market by Printing Technology (Inkjet, Electrophotography), Substrate (Nonwoven, Vinyl, Paper), End-Use Sector (Non-Residential, Residential, Automotive & Transportation) and Region - Global Forecast to 2027 " Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=81489419 Key companies such as A.S. Création T...
Post a Comment
Read more