Extruded Polypropylene (XPP) Foam Market worth $1.048.8 million by 2023
The XPP foam market is projected to grow from USD 751.0 million in 2018 to USD 1,048.8 million by 2023, at a CAGR of 6.9% between 2018 and 2023. APAC is estimated to be the largest consumer of XPP foam in 2018. The demand for XPP foam is mainly driven by its properties such as recyclability and eco-friendliness in comparison to other competitive foams, such as PU and PE, and high functional characteristics...
Extruded Polypropylene (XPP) Foam Market to Garner Extensive Profits with USD 1,048.8 Million by 2023
The XPP foam market is projected to grow from USD 751.0 million in 2018 to USD 1,048.8 million by 2023, at a CAGR of 6.9% between 2018 and 2023. The growth of the XPP foam market is primarily driven by the increasing demand from the automotive end-use industry due to its inherent characteristics such as light weight, temperature resistance, abrasion resistance, shock absorption, high melt strength,...