North America Expanded Polypropylene Foam Market Size & Outlook
North America expanded polypropylene foam market, 2018-2030 (US$M)
Related Markets
North America expanded polypropylene foam market highlights
- The North America expanded polypropylene foam market generated a revenue of USD 289.1 million in 2022.
- The market is expected to grow at a CAGR of 11.3% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 289.1 million |
| Market revenue in 2030 | USD 683.0 million |
| Growth rate | 11.3% (CAGR from 2022 to 2030) |
| Largest segment | High density |
| Fastest growing segment | High Density |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 29.4% of the global expanded polypropylene foam market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 970.4 million by 2030.
High density was the largest segment with a revenue share of 41.89% in 2022. Horizon Databook has segmented the North America 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 growth in the region on account of the robust growth of automotive, construction, and consumer goods industries. The growing end-use industries act as a key driver for the market growth of EPP foam beads and molded products.
The consumer goods market in the region is growing robustly owing to the high disposable income and standards of living, which is expected to have a positive impact on the market growth over the forecast period. The growth of the market in the region can be attributed to the growing end-user industries in the U.S. and Canada.
The presence of high-income economies propels the market demand for technologically advanced and superior-quality consumer goods such as electronics, appliances, cosmetics, and automobiles. These factors, coupled with high investments in the manufacturing sector, are expected to propel the demand for EPP foam over the forecast period.
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 |
|---|
North America expanded polypropylene foam market size, by country, 2018-2030 (US$M)
North America 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
