Title: Polypropylene Foams Market - Trends and Forecasts to 2018
1MarketsandMarkets Presents
- Polypropylene Foams Market
- Trends and Forecasts to 2018
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2- The global polypropylene foams market, along with
its end products, has witnessed a rapid growth in
the past few years which is estimated to persist
in the coming years. The quality, durability,
lightweight nature excellent energy absorbing
property, an upsurge in the demand for durable
foams, demand for recyclable foams, and the
upcoming safety regulations innovative
techniques for the use of these foams will be the
key influencing factors for the global market
with the increased emphasis on different types
and their applications. - Almost 58.4 of the total polypropylene foam
demand was for the automotive applications in
2012, with the packaging segment also being the
fastest growing end-use segment. Automotive and
packaging are the largest as well as the fastest
growing end-use segments of the market, primarily
due to high penetration in all the regions.
3-
- http//www.marketsandmarkets.com/Market-Reports/po
lypropylene-foams-market-136622272.html - The polypropylene foam market is experiencing
enormous growth which is expected to continue in
the near future, mainly driven by the highly
growing Asia-Pacific, and European regions and
the intense efforts at country level to promote
environment-friendly and recyclable products. A
considerable amount of investments is made by
various market players to serve the end-user
applications industry in the future. Asia-Pacific
is the main market, which accounted for more than
35 market share of the total global demand in
2012. The region is further expected to show a
high growth in the future, mainly due to high
growth potential of the automotive market in
China and India.
4- The drivers of the industry are stringent
government regulations, increasing pressure for
clean air and water, and the need for improving
the standard of processing and manufacturing
end-products. Recyclability is a growing concern
which could push the market, as this type of foam
is 100 recyclable among the competing foams. - The Asia-Pacific and the European region are the
most active markets in terms of strategic
initiatives, owing to their emerging and mature
market demands respectively. The automotive
end-user industry led this rapid growth in the
polypropylene foams market backed by the global
automotive vehicle production which is estimated
to reach 81 million units in 2013.
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