Expanded polypropylene (EPP) foam is a high-performance foaming resin made of polypropylene plastic, which has the advantages of impact resistance, drug resistance, heat resistance, lightweight, green and environmental protection. It is a kind of polyolefin foam, which is composed of solid and gas phases. It is in the shape of black, pink or white particles, and its diameter is generally between φ 2 ~7 mm. Overview of Market Development

In recent years, the global expanded polypropylene (EPP) foam market has shown a steady growth trend. According to our research data, the global EPP foam market revenue in 2024 is estimated to be $1919 million, an increase of 4.15% over 2023.

Looking forward to the future, with the continuous development of new energy, communication, automobile, construction and other fields, the EPP foam market will usher in a broader market space and development opportunities. By 2029, the global EPP foam market revenue is expected to continue to increase to $2356 million. The CAGR for 2024-2029 is estimated to be 4.19%.

Segmented Market Analysis

From the perspective of product types, EPP foam can be divided into three types according to different densities: high-density, medium-density and low-density. Among them, high-density types are commonly used for car bumpers and internal passenger safety components; Medium density types can be applied to furniture and other consumer goods; Low density types are mainly used for packaging applications. The research shows that the high-density EPP foam market segment is dominant, and the market share is estimated to be 54.12% in 2024.

From the perspective of downstream application pattern, EPP foam is widely used in automotive parts, industrial packaging, consumer products, construction and other fields. Among them, the automotive part segment is the largest downstream application market, with an expected application share of 45.53% in 2024.

Source: www.globalmarketmonitor.com

Market Analysis of Major Regions

From a regional perspective, the global EPP foam market is dominated by North America, Europe and the Asia Pacific region. Among them, the Asia Pacific region is the largest sales market. The data shows that in 2024, the sales volume of EPP foam in the Asia Pacific region is estimated to be 160.4k tons, accounting for 47.43% of the global total sales; Europe and North America are expected to rank second and third with a share of 28.03% and 21.05%, respectively.

Regions	Sales Volume (K Tons)	Proportion
North America	71.2	21.05%
Europe	94.8	28.03%
Asia Pacific	160.4	47.43%
South America	7.2	2.13%
Middle East & Africa	4.6	1.36%