In a recent research report by Maximize Market Research, the Expanded Polypropylene From Market is expected to surpass US $XX million by the year 2026, from US$XX million in 2019.
Despite a huge decline in the sales of Products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than XX%, during the tenure of 2020 – 2026.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value – Chain analysis, and the PORTER’s analysis for the white goods market at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, by Product (low-density, medium-density, high-density), by End User (automotive, packaging, consumer goods, and others), and to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
The medium-density product segment is expected to register the second-largest growth rate during the forecast period thanks to the increasing use of the product in consumer goods, like electronics, toys, and appliances. The consumer goods industry in major economies across the globe is expected to drive the segment growth during the forecast period 2020-2026.
Europe is expected to witness significant growth during the forecast period 2020-2026 on account of the recovering automobile industry and rapidly growing consumer goods industry in major economies, like Germany, France, Spain, and Russia. The presence of key automotive OEMs in the region is expected to strengthen the growth of the automotive sector and drive product demand.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players- Automa Multi Styrene (Pty) Ltd, BASF SE, Chemische Fabrik Budenheim KG, Clark Foam Products Corporation, DS Smith PLC, Hanwha Corporation, IZOBLOK GmbH, JSP Corporation, Kaneka Corporation, KK Nag Pvt Ltd, Knauf Industries, Package Design & Manufacturing Inc., Polyfoam Australia Pty Ltd, Sonoco Products Company, The Woodbridge Group, and Others.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Expanded Polypropylene Foam Market.”
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