According to a market report by Lucintel, the future of the global closed cell EPP foam market looks promising with opportunities in the automotive, packaging, and consumer products markets. The global closed cell EPP foam market is expected to grow with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are the growing preference for packaging materials resistant to chemicals and water, and the expanding versatility of the product.
A more
than 150-page report to understand trends, opportunity and forecast in global
closed cell EPP foam market to 2030 by type (low-density and high-density),
application (automotive, packaging, consumer products, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts
that, within the type category, high-density will remain a larger segment over
the forecast period due to growing demand for lightweight materials.
Within the
application category, automotive will remain a larger segment due to growing
demand for electric vehicles.
Download
sample by clicking on closed cell
EPP foam market.
In terms
of regions, APAC will remain the largest region over the forecast period due to
growing demand for high-quality products.
BASF, JSP,
Hanwha Advanced Materials, BEWI, Sonoco Products, Engineered Foam Products,
Kaneka, Furukawa Electric, Chemische Fabrik Budenheim, Yanfeng Woodbridge
Lightweight Composites are the major suppliers in the closed cell EPP foam market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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