Global Expanded Polypropylene Market is Projected to Reach 1.9 billion USD by 2024

Description :

The global expanded polypropylene market would growth with CAGR of 8.10% from 2018 to 2024. The annual consumption amount of expanded polypropylene would reach to 362.19 K MT in 2024. In the future, the consumption in automotive would be the growth point in developing countries.
This report studies Expanded Polypropylene in Global market, especially in North America, Europe, China, Japan, South & Southeast Asia, South Korea, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering JSP, Kaneka, BASF, Hanwha, Bo Fan New Material, Wuxi Hi-Tec, Sinopec, etc.
EPP is engineered polypropylene resin, formed into small, closed-cell foam beads. Expanded polypropylene (EPP) was developed in the 1980s. This is particle foam based on polypropylene. As opposed to EPS, EPP is not impregnated with a foaming agent, meaning that subsequent foaming agent-based expansion is not possible. Two main processes are used to manufacture EPP: the autoclave process (standard) and direct foam extrusion (rare).
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Molded EPP is an effective protective packaging alternative where there is adequate lead-time for tooling build and where volumes justify tooling expense. As QYResearch claims, for All foam protective packaging materials, EPP only takes 8% of market share, while its growth rate in packaging solutions is valued at 8%, compared with 5% of Polyurethane Foam and 3.8% of Expanded Polystyrene
Expandable Polypropylene Foam (EPP) is a better cushioning material, light weight, good cushioning performance and can be subject to multiple impacts, EPP packaging is not easy to break the flexibility, excellent in the range of a large load Buffering.
In the past, EPPs were expensive and the development the core technologies was in the hands of a few companies from a few countries. However, new players like Hefei Huitong New Materials Co., Ltd. and Guangdong Wei Linna New Materials Technology Co., Ltd. have gradually mastered core technologies. Starting from last year prices are no longer expensive. Samsung, Media, Hisense and other manufacturing companies have also begun to use EPP as a packaging buffer material.
The Global Expanded Polypropylene Market Research Report 2017 report released by QYResearch provides a basic overview of the Expanded Polypropylene industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Expanded Polypropylene industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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