Gulf Cooperation Council Expanded Polypropylene Foam Market Size & Outlook
The expanded polypropylene foam market in Gulf Cooperation Council is expected to reach a projected revenue of US$ 54.4 million by 2030. A compound annual growth rate of 9.9% is expected of Gulf Cooperation Council expanded polypropylene foam market from 2023 to 2030.
Revenue, 2022 (US$M)
$25.6
Forecast, 2030 (US$M)
$54.4
CAGR, 2023 - 2030
9.9%
Report Coverage
Gulf Cooperation Council
Gulf Cooperation Council expanded polypropylene foam market, 2018-2030 (US$M)
Related Markets
Gulf Cooperation Council expanded polypropylene foam market highlights
- The Gulf Cooperation Council expanded polypropylene foam market generated a revenue of USD 25.6 million in 2022 and is expected to reach USD 54.4 million by 2030.
- The Gulf Cooperation Council market is expected to grow at a CAGR of 9.9% from 2023 to 2030.
- In terms of segment, high density was the largest revenue generating product in 2022.
- 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 2022 | USD 25.6 million |
| Market revenue in 2030 | USD 54.4 million |
| Growth rate | 9.9% (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 |
Other key industry trends
- In terms of revenue, Gulf Cooperation Council accounted for 2.6% of the global expanded polypropylene foam market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Gulf Cooperation Council expanded polypropylene foam market is projected to lead the regional market in terms of revenue in 2030.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 54.4 million by 2030.
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Expanded Polypropylene Foam Market Scope
Expanded polypropylene foam market segmentation & scope
Expanded Polypropylene Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
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Gulf Cooperation Council expanded polypropylene foam market size, by product, 2018-2030 (US$M)
Gulf Cooperation Council Expanded Polypropylene Foam Market Outlook Share, 2022 & 2030 (US$M)
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