Global Extruded Polypropylene (XPP) Foam Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Low-Density XPP Foam (40-200 Kg/M3) and High-Density XPP Foam (200-600 Kg/M3).

By End-Use Industry;

Automotive, Packaging, Building & Construction, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn103666266 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Extruded Polypropylene (XPP) Foam Market (USD Million), 2021 - 2031

In the year 2024, the Global Extruded Polypropylene (XPP) Foam Market was valued at USD 891.38 million. The size of this market is expected to increase to USD 1,412.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.

The global Extruded Polypropylene (XPP) Foam market has witnessed significant growth driven by its versatile applications across various industries. XPP foam, known for its lightweight and durable properties, is increasingly used in automotive, packaging, construction, and consumer goods. Its closed-cell structure provides superior thermal insulation, impact resistance, and moisture resistance, making it a preferred material in environments where performance and reliability are crucial.

Recent advancements in XPP foam technology have further enhanced its appeal, with innovations aimed at improving its mechanical properties and expanding its application scope. The foam’s adaptability and ease of customization have led to its adoption in high-performance sectors, including aerospace and sports equipment. Additionally, its eco-friendly characteristics align with the growing global emphasis on sustainable materials, positioning XPP foam as a key player in the shift towards greener alternatives.

As the market continues to expand, several factors are driving this growth, including rising demand from emerging economies, increased investments in research and development, and the continual advancement of foam manufacturing processes. With its unique combination of properties and increasing application range, the XPP foam market is poised for substantial growth in the coming years, reflecting broader trends in material science and sustainability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End-Use Industry
    3. Market Snapshot, By Region
  4. Global Extruded Polypropylene (XPP) Foam Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased automotive demand
        2. Growing packaging industry
        3. Rising construction activity
      2. Restraints
        1. High production costs
        2. Raw material price fluctuations
        3. Environmental regulations
        4. Market competition
      3. Opportunities
        1. Sustainable material trends
        2. Innovations in foam technology
        3. Diverse application areas
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Extruded Polypropylene (XPP) Foam Market, By Type, 2021 - 2031 (USD Million)
      1. Low-Density XPP Foam (40-200 Kg/M3)
      2. High-Density XPP Foam (200-600 Kg/M3)
    2. Global Extruded Polypropylene (XPP) Foam Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Packaging
      3. Building & Construction
      4. Others
    3. Global Extruded Polypropylene (XPP) Foam Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Borealis
      2. Mitsui Chemicals
      3. BASF
      4. JSP Corporation
      5. Sekisui Voltek
      6. Pregis
      7. Sonoco
      8. DS Smith
      9. NMC SA
      10. Zotefoams
      11. Toray Industries
      12. Braskem
      13. Sumitomo Chemical
      14. Sohner Plastics
      15. Furukawa Electric
  7. Analyst Views
  8. Future Outlook of the Market