Expanded Polypropylene Foam Market To Forsee Commendable Growth, Due To Rising Investments In Manufacturing Activities
Expanded Polypropylene Foam Industry Overview The global expanded polypropylene foam market size is expected to reach USD 1.56 billion by 2028, registering a CAGR of 6.3% over the forecast period, according to a new report by Grand View Research, Inc. Rapid expansion of the global automotive industry in recent years has been the major growth-driving factor for the market. The product is widely used in the automotive industry; for instance, in the production of floor, door, and hood panels, primarily for noise and thermal insulation in passenger and commercial cars. The considerable growth of the automotive industry in Germany, China, and India is expected to drive product demand over the projected period. Expanded Polypropylene Foam Market Segmentation Grand View Research has segmented the global expanded polypropylene foam market report on the basis of product, end-use, and region: Based on the Product Insights, the market is segmented into low-density, medium-density and high