Chemical & Materials Trending Extruded Polypropylene (XPP) Foam Market | Page 4

Industry Insights ❖Based on type, the low-density type segment is estimated to account for the largest share of the XPP foam market in 2018. ❖The low-density XPP foam market growth is driven by the increasing demand from automotive, protective packaging, and insulation applications. ❖The automotive industry dominates the consumption of low-density XPP foam. ❖The use of low-density XPP foam in automotive applications helps in impact protection and weight reduction of vehicles. ❖Based on end-use industry, the automotive segment is estimated to account for the largest share of the XPP foam market in 2018. XPP foam is highly demanded in automotive and packaging end- use industries. ❖The automotive end-use industry dominates the overall XPP foam market. XPP foam is widely used in bumpers, floor acoustic barriers, sun visors, side door panels as energy absorbers, headliners, and so on. It is becoming a preferred choice in the automotive end-use industry as it offers high impact strength while enabling weight reduction to increase the fuel efficiency. View Full Report @ http://bit.ly/30mxImT