Extruded Polypropylene (XPP) Foam Market Worth 931.1 Million USD by 2021

PUNE, India, April 28, 2017 /PRNewswire/ --

The report "Extruded Polypropylene (XPP) Foam Market by Type (Low Density, High Density), End-Use Industry (Transportation, Packaging, Building & Construction), Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa) - Global Forecast to 2021", published by MarketsandMarkets, the market is projected to grow from USD 654.3 Million in 2016 to USD 931.1 Million by 2021, at a CAGR of 7.3% from 2016 to 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 91 market data Tables and 43 Figures spread through 127 Pages and in-depth TOC on "Extruded Polypropylene (XPP) Foam Market"

http://www.marketsandmarkets.com/Market-Reports/extruded-polypropylene-foam-market-136854934.html

Early buyers will receive 10% customization on this report. 

The growth of the extruded polypropylene (XPP) foam market is driven by the increasing use of extruded polypropylene (XPP) foam in the automobiles for weight reduction. Also, this foam is also being increasingly used in the packaging end-use industry, owing to their lightweight and high melt strength properties.

Request for Sample PDF of Report @ http://www.marketsandmarkets.com/pdfdownload.asp?id=136854934

Among types, the low density segment dominates the extruded polypropylene (XPP) foam market and is expected to continue its dominance during the forecast period as well. 

The low density extruded polypropylene (XPP) foam is tough, structured, and non-reactive to chemicals and high temperatures as compared to other types of foam. This foam is used in automotive, building & construction, and various other end-use industries. Low density extruded polypropylene (XPP) foam is used in automotive end-use industry for door liners, engine shields, and roof trunk liners for impact protection and weight reduction. Increased demand for automobiles across the globe is expected to lead towards an increase in their production, which, in turn, is expected to fuel the growth of the low density segment of the extruded polypropylene (XPP) foam market during the forecast period.