Brazil Expanded Polypropylene Foam Market Size & Outlook
Related Markets
Brazil expanded polypropylene foam market highlights
- The Brazil expanded polypropylene foam market generated a revenue of USD 44.7 million in 2024 and is expected to reach USD 93.7 million by 2033.
- The Brazil market is expected to grow at a CAGR of 8.5% from 2025 to 2033.
- In terms of segment, high density was the largest revenue generating product in 2024.
- High Density is the most lucrative product segment registering the fastest growth during the forecast period.
Expanded polypropylene foam market data book summary
| Market revenue in 2024 | USD 44.7 million |
| Market revenue in 2033 | USD 93.7 million |
| Growth rate | 8.5% (CAGR from 2025 to 2033) |
| Largest segment | High density |
| Fastest growing segment | High Density |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High Density, Low Density, Medium Density |
| Key market players worldwide | JSP Corp, Basf SE, Kaneka Corp, DS Smith PLC, Furukawa Electric Co Ltd, Hanwha, Sonoco Products Co, Knauf, Crown Holdings Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.9% of the global expanded polypropylene foam market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Latin America, Brazil expanded polypropylene foam market is projected to lead the regional market in terms of revenue in 2033.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 93.7 million by 2033.
High density was the largest segment with a revenue share of 46.98% in 2024. Horizon Databook has segmented the Brazil expanded polypropylene foam market based on high density, low density, medium density covering the revenue growth of each sub-segment from 2021 to 2033.
The market demand for EPP foam is driven by the increasing use of foam products for noise insulation, thermal insulation, and impact resistance in automobiles, packaging solutions, and consumer goods. The current economic slowdown in the country has resulted in a decrease in the overall vehicle production and a fall in the expenditure on consumer goods.
The slow pace of the economy is likely to hamper the market growth of EPP foam over the forecast period. Consumer goods industry in Brazil has witnessed rapid growth over the past few years owing to the increasing disposable income and changing consumption patterns. EPP foam products find numerous applications in consumer goods market owing to which the market is expected to witness steady growth over the forecast period.
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Expanded Polypropylene Foam Market Scope
Expanded Polypropylene Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| JSP Corp | View profile | 3282 | 4-2, 3-chome Marunouchi, Shi-Nisseki Building, Chiyoda-ku, Tokyo, Japan, 100-0005 | https://www.co-jsp.co.jp |
| Knauf | View profile | 51-100 | Utrecht, Utrecht, The Netherlands, Europe | https://knauf.be/nl |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| Kaneka Corp | View profile | 13284 | 3-2-4, Nakanoshima, Kita-ku, Osaka, Japan, 530-8288 | http://www.kaneka.co.jp |
| Hanwha | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.hanwhacorp.co.kr/eng/index.jsp |
| Crown Holdings Inc | View profile | 25000 | 14025 Riveredge Drive, Suite 300, Tampa, FL, United States, 33637-2015 | https://www.crowncork.com |
| Furukawa Electric Co Ltd | View profile | 51314 | Marunouchi Nakadori Building, 2-3, Marunouchi 2-chome, Chiyodaku, Tokyo, Japan, 100-8322 | http://www.furukawa.co.jp |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
Brazil expanded polypropylene foam market size, by product, 2021-2033 (US$M)
Brazil Expanded Polypropylene Foam Market Outlook Share, 2024 & 2033 (US$M)
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