GITNUX MARKETDATA REPORT 2024

Expanded Polypropylene Industry Statistics

The Expanded Polypropylene industry is experiencing steady growth, with increasing demand driven by its use in various applications such as automotive, packaging, and consumer goods.

In this post, we will explore an in-depth analysis of the global Expanded Polypropylene Foam industry, backed by key statistics and market insights. From the market size and growth projections to regional dominance and application segments, we will uncover the significant trends shaping this dynamic industry. Let’s dive into the numbers that define the landscape of the Expanded Polypropylene market.

Statistic 1

"The global Expanded Polypropylene Foam Market size was valued at around USD 1.30 billion in 2020."

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Statistic 2

"The expanded polypropylene foam market is expected to grow at an annual rate of 5.8% from 2021 to 2028."

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Statistic 3

"Asia Pacific dominated the global expanded polypropylene foam market with a share of approximately 40% in 2020."

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Statistic 4

"The automotive sector is the largest application segment of the EPP market with 30% of the total market volume in 2019."

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Statistic 5

"High-density expanded polypropylene foam products accounted for about 42% of the market share in 2020."

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Statistic 6

"India's expanded polypropylene market size was over USD 100 million in 2019."

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Statistic 7

"The expanded polypropylene packaging market is predicted to grow at a CAGR of around 5.2% in the period 2021-2026."

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Statistic 8

"By 2025, the global Expanded Polypropylene Foam market revenue is expected to reach approximately 1.6 billion USD."

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Statistic 9

"By 2023, Europe's expanded polypropylene (EPP) foam market size will surpass USD 392 million"

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Statistic 10

"North America accounts for a market share of 25% of the total worldwide EPP market."

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Statistic 11

"Approximately 20% of the EPP market is dedicated to consumer products."

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Statistic 12

"In 2025, the automotive segment of the expanded polypropylene foam market is expected to reach USD 354.8 million."

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Statistic 13

"The global expanded polypropylene (EPP) foam market size was valued over USD 900 million in 2016."

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Statistic 14

"In 2019, Australia’s market volume stood at around 5 kilotons, and it is projected to grow at a CAGR of 4.5% up to 2026."

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Statistic 15

"The demand for expanded polypropylene in the UK crossed 19-kilotons in 2020."

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Statistic 16

"Germany held the largest share of Expanded Polypropylene market in Europe and it was valued at USD 90 million in 2016."

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Statistic 17

"The production of expanded polypropylene in China was estimated to be over 330,000 tons in 2020."

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Statistic 18

"Sales of expanded polypropylene foam in the building and construction industry were worth over USD 210 million in 2018."

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The statistics indicate a steady growth trajectory for the global Expanded Polypropylene Foam Market, with notable contributions from key regions such as Asia Pacific and Europe. The automotive sector remains a significant driver of market demand, while expanding applications across various industries signal promising opportunities for market expansion. With projections pointing towards continued growth in market size and revenue, it is evident that expanded polypropylene foam products are poised to play an increasingly integral role in a wide range of sectors worldwide.

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