Expanded Polypropylene (EPP) Foam Industry Size, Share, Demand & Growth by 2033
The expanded polypropylene (EPP) foam market is anticipated to thrive at a steady CAGR of 11.4% between 2023 and 2033. The market is expected to have a share of US$ 5.52 billion by 2033, while it is likely to be valued at US$ 1.87 billion in 2023. The advent of smart packaging with insulation, more online shopping activities, and other industrial applications are flourishing market growth. Furthermore, the diverse range of product applications is also increasing the sales of EPP foam. The expanding automotive sector, with enhanced cushioning in the seats and other vehicle parts, is also consuming a big chunk of the market. Alongside this, the restoration of the building and construction industry with the absorption of new advancements is likely to transform the market. Different grades and pricing increased industrial investment, and easy availability is expected to penetrate the end-user preferences while also dominat