MarketsandMarkets Presents Polypropylene Foams Market Grow by $1,902.5 Million in 2018 http://www.marketsandmarkets.com/Market-Reports/polypropylene-foams-market-136622272.html
The Report “Polypropylene Foams Market by Application (Automotive, Packaging, Consumer Products & Others), by Type (Expanded Polypropylene Foams and Extruded Polypropylene Foams) & Geography - Trends and Forecasts to 2018” report analyzes the global polypropylene foams market with respect to market drivers, opportunities, and trends in different regions. Browse >> 70 Data Tables 41 Figures 207Pagesand in-depth TOC on “Polypropylene Foams Market” http://www.marketsandmarkets.com/Market-Reports/polypropylene-foams-market-136622272.html Early buyers will receive 10% customization of reports.
The global polypropylene foam types are significantly penetrating their end-use industries market. They have different characteristics as per their manufacturing and application requirement in the end products. The Asia-Pacific region is expected to dominate this market with its growing demand for polypropylene foams in different applications, especially the automotive and packaging segments. The Asia-Pacific and European markets are estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions. R&D is a key part of this market. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of polypropylene foams to match the new demands coming from various end-user industries. Polypropylene foams are dominant among all the competitive foams available, in terms of consumption and revenue, reasoned by its optimal cost to performance factor. http://www.marketsandmarkets.com/Market-Reports/polypropylene-foams-market-136622272.html
Asia-Pacific is the largest region, both in terms of volume and value, followed by Europe and North America. China, Japan, U.S., Germany, Brazil, and Russia are expected to persist as successful foam markets. The key players in the global polypropylene foams market are Armacell (U.S.), BASF (Germany), Borealis AG (Austria), JSP Corporation (Japan), Kaneka (Belgium), NMC Group (Belgium), Pregis (U.S.), Sekisui Alveo (Switzerland), etc. The Eastern and Central European nations, emerging South-East Asian, and Latin American nations that host the global events would supplement the growth of polypropylene foams. An increase in auto sales, proposals for improvement of infrastructure, and rising housing market in emerging economies will drive the polypropylene foams market. The polypropylene foams demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies. http://www.marketsandmarkets.com/Market-Reports/polypropylene-foams-market-136622272.html
The current worth of the global polypropylene foams market (2012) is $1,019.9 million and is estimated to reach $1,902.5 million by 2018, growing at a CAGR of 11.4% from 2013 to 2018. The high demand across the industries, such as packaging, bedding & furniture, building & construction, and automotive will increase the overall polypropylene foams consumption. http://www.marketsandmarkets.com/Market-Reports/polypropylene-foams-market-136622272.html
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About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/polypropylene-foams-market-136622272.html