Global Expanded Polypropylene (EPP) Foam Market, 2014-2024
|發泡聚丙烯(EPP)泡沫的全球市場(2014∼2024年) Global Expanded Polypropylene (EPP) Foam Market, 2014-2024|
|出版日期: 2020年04月01日||內容資訊: 英文||
全球EPP泡沫市場主要企業:JSP Corporation; BASF SE; Kaneka Corporation; DS Smith plc; Furukawa Electric Co., Ltd.; Hanwha Corporation; Sonoco Products Company; Knauf Industries, Armacell International S.A.
Expanded Polypropylene (EPP) foam is new forms of polypropylene. EPP can be prepare by polypropylene resin combined with other ingredients in a multi-step proprietary process under tightly controlled conditions, extruded pellets expand to become consistently shaped beads of expanded polypropylene foam. The preparation includes Synthetic Polypropylene and Bio-based Polypropylene. EPP is a accomplished closed-cell bead foam which provides a unique range of properties, such as multiple impact resistance, outstanding energy absorption, buoyancy , thermal insulation, water and chemical resistance, exceptionally high strength to weight ratio and 100% recyclability. There are two types of form fabricated EPP and molded EPP.
EPP is commonly colored black for automotive applications, though is often found in white for packaging products. EPP is available from some suppliers in vibrant colors suitable for presentation-grade textured surface.
EPP can be made in a wide range of densities, from 15 to 200 grams per litre, which are transformed by moulding into densities ranging from 18 to 260 grams per litre. Individual beads are fused into final product form by the steamchest moulding process resulting in a strong and lightweight shape.
EPP is widely utilized by automotive manufacturers because of its performance benefits for energy management, lightweight, enhanced functionality, durability and recyclability. Applications include seating, bumpers, stowage systems, door panels, pillars, floor levelers, parcel shelves, head rests, tool kits, sun visors and myriad filler parts. Reusable industrial packaging, known as dunnage, is frequently made from EPP due to its durability and its inherent ability to absorb energy in transit. EPP is used increasingly in furniture, toys such as model aircraft and other consumer products due to its versatility as a structural material and its light weight, as well as other performance characteristics.
EPP beads are available in a wide range of densities with technology for coloring also available. EPP is approved for use in conjunction with food products. Its thermal insulation properties and structural strength make it appropriate for containers such as food delivery containers and beverage coolers and the like.
The global EPP foam market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global EP foam market is growing at a fast pace and increasing its geographical footprint rapidly. The global EPP foam market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in Asia Pacific and US region due to industrial expansion and increasing the purchasing power of the people. The major growth driver for EPP foam market globally is non-toxic and recyclable nature of the material.
EPP foam enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of EPP foam market globally. The companies that lead global EPP foam market are JSP Corporation; BASF SE; Kaneka Corporation; DS Smith plc; Furukawa Electric Co., Ltd.; Hanwha Corporation; Sonoco Products Company; Knauf Industries, and Armacell International S.A.
The research process includes the market segmentation of the global EPP foam market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global EPP foam market industry experts from across the global industry. Company conducts more than 40 interview hours dedicated for this study, the same are mentioned below:
By company type: Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (25%), Asia (40%), Europe (35%)
By designation: Top level (40%), Operation level (20%), Mid-level (40%)