Expanded Polypropylene Foam Market Expected to Grow CAGR) of 6.3% from 2021 to 2028
Expanded Polypropylene Foam Industry Overview The global expanded polypropylene foam market size was valued at USD 936.8 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2021 to 2028. The increasing product penetration in applications, such as packaging, consumer goods, and furniture, is expected to have a significant impact on the overall market growth during the forecast years. The increasing product application scope in various industries can be attributed to its superior qualities, such as durability, chemical & water resistance, thermal insulation, and recyclability. Moreover, rising investments in manufacturing activities across major economies have resulted in an increased automobile and consumer goods production. Gather more insights about the market drivers, restrains and growth of the Global Expanded Polypropylene Foam Market This, in turn, is expected to drive the demand for Expanded Polypropylene (EPP) fo...