Italy Expanded Polypropylene Foam Market Size & Outlook
Italy expanded polypropylene foam market, 2018-2030 (US$M)
Related Markets
Italy expanded polypropylene foam market highlights
- The Italy expanded polypropylene foam market generated a revenue of USD 21.8 million in 2022 and is expected to reach USD 48.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 10.6% 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 21.8 million |
| Market revenue in 2030 | USD 48.7 million |
| Growth rate | 10.6% (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, Italy accounted for 2.2% 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 Europe, Germany expanded polypropylene foam market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 121.6 million by 2030.
High density was the largest segment with a revenue share of 42.2% in 2022. Horizon Databook has segmented the Italy expanded polypropylene foam market based on high density, low density, medium density covering the revenue growth of each sub-segment from 2018 to 2030.
EPP foam market is expected to witness an improved demand from the application sectors on account of growing investments in the domestic manufacturing industry. The market in Italy is expected to witness new investments by OEMs in light of increasing spending by automotive manufacturers for new components.
This is anticipated to boost the consumption of foam products in automotive and consumer goods sectors over the forecast period. Italy stands fourth in European automobile industry after Germany, UK, and France.
Italy has registered 1.97 million new vehicles in 2017. With 8% increase from the previous year 43% of the vehicles are light weight vehicles including electric vehicles which require durable and lightweight materials to improve its efficiency which will drive the expanded polypropylene market in Italy.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Expanded Polypropylene Foam Market Scope
Expanded Polypropylene Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy expanded polypropylene foam market size, by product, 2018-2030 (US$M)
Italy Expanded Polypropylene Foam Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
