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Polypropylene Foams Market – Trends and Forecasts to 2018 PowerPoint Presentation
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Polypropylene Foams Market – Trends and Forecasts to 2018

Polypropylene Foams Market – Trends and Forecasts to 2018

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Polypropylene Foams Market – Trends and Forecasts to 2018

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  1. MarketsandMarkets Presents • Polypropylene Foams Market • Trends and Forecasts to 2018

  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. • 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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