Market revenue in 2022 | USD 28.2 million |
Market revenue in 2030 | USD 63.6 million |
Growth rate | 10.7% (CAGR from 2022 to 2030) |
Largest segment | High density |
Fastest growing segment | High Density |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
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 |
High density was the largest segment with a revenue share of 42.2% in 2022. Horizon Databook has segmented the France expanded polypropylene foam market based on high density, low density, medium density covering the revenue growth of each sub-segment from 2018 to 2030.
Rising demand for EPP foam for manufacturing various interior elements of automobiles is expected to drive the market growth over the projected period. Presence of several automobile companies in the region is expected to have a positive impact on the demand for EPP foam over the forecast period.
Domestic car manufacturers in France held approximately 59% of the automobile market share in the country and witnessed a 14% rise in sales with the growing domestic and international demand. Furthermore, French automotive manufacturing industry is characterized by the presence of several manufacturers such as Peugeot; Citroen, a brand owned by Group PSA; Renault owned by Groupe Renault; Venturi; BUGATTI AUTOMOBILES S.A.S; and LIGIER GROUP.
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