Low-density type segment is projected to lead the Extruded Polypropylene (XPP) Foam Market till 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. APAC is estimated to be the largest consumer of XPP foam in 2018. Browse 58 market data Tables and 38 Figures spread through 119 Pages and in-depth TOC on "Extruded Polypropylene (XPP) Foam Market”. Based on type, the low-density type segment is projected to lead the XPP foam market during the forecast period. Based on type, the low-density type segment is expected to lead the global XPP foam market during the forecast period. The growth of the low-density XPP foam market is driven by the increasing demand from automotive, protective packaging, and insulation applications. The automotive industry dominates the consumption of low-density XPP foam. It helps in impact protection and weight reduction of vehicles. Based on end-use industry, the automotive segment is expected to lead the XPP foam market during the...