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Global Expanded Polyethylene (EPE) Foam Market: By Product: EPE Foam Coil, EPE Foam Sheet, Others; By Application: Protective Packaging, Industrial Thermal Insulation, Mattresses, Automotive, Building and Construction; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments
Global Expanded Polyethylene (EPE) Foam Market Outlook
The global expanded polyethylene (EPE) foam market stood at a value of USD 976 million in 2020. The market is further projected to grow at a CAGR of 6% in the forecast period of 2022-2027.
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Increasing Applications of the Product in Major Application Sectors to Bolster the Growth of the Expanded Polyethylene (EPE) Foam Industry
Based on application, the building and construction segment accounts for a significant share in the market. This can be attributed to the increasing utility of polyethylene foam in the building and construction sector for forging, pipe-in-pipe, doors, roof board, slabs, and others. The demand for the product is likely to be propelled by the rising population and increasing demand for housing, which will further accelerate the construction activities in the residential segment, thus, aiding the industry growth. Meanwhile, the increasing demand for protective packaging, which finds applications in various industries including food and beverages, automotive, and pharmaceuticals, among others, for safeguarding a core product from damages during transportation or storage has been propelling the demand for expanded polyethylene foam. Therefore, the protective packaging segment is vital and accounts for a substantial share in the market. Moreover, the product’s application in the automotive sector is essential as it is used for headliners, mirror seal, seat liners, and many others. Further, the constant efforts of the car manufacturers to decrease the weight of an average car so that it has better fuel efficiency and better performance is likely to positively impact the market growth in the forecast period.
The Asia Pacific accounts for a significant share in the market owing to the growth of the packaging industry and thriving e-commerce sector in the region. The growing construction of residential complexes, shopping malls, and others, owing to the rising population and rapid industrialisation and urbanisation in the region, is likely to drive the market growth in the forecast period.
Expanded Polyethylene (EPE) Foam: Market Segmentation
Expanded polyethylene (EPE) foam is a material that has the ability to absorb shock and provide good cushioning to delicate objects. It is flexible and light in weight. Further, the product is a great insulator and possesses excellent properties including thermal insulation, moisture resistance, and sound and vibration absorption.
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Based on product, the market is divided into:
- EPE Foam Coil
- EPE Foam Sheet
- Others
Based on application, the industry can be segmented into:
- Protective Packaging
- Industrial Thermal Insulation
- Mattresses
- Automotive
- Building and Construction
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing R&D Activities in the Field of Chemistry and Polymer Architecture to Boost the Growth of the Expanded Polyethylene (EPE) Foam Industry
The market is driven by the rising research and development activities in the field of chemistry and polymer architecture, which has enhanced the usage of expanded polyethylene foams in various sectors. The emerging economies, which have been focussing rigorously on the infrastructure development, have witnessed a substantial growth in demand for expanded polyethylene (EPE) foam industry. Moreover, the rising population and the growing protective packaging industry are likely to bolster the market growth. The market is anticipated to be aided by the thriving e-commerce industry, especially in emerging nations, along with rapid technological advancements. However, stringent regulations imposed by the governments of various countries to provide safety to citizens from the harmful effects of VOCs may hamper the market growth.
Key Industry Players in the Global Expanded Polyethylene (EPE) Foam Market
The report gives a detailed analysis of the following key players in the global expanded polyethylene (EPE) foam market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- KANEKA Corporation
- Sonoco Products Company
- Pregis LLC.
- TART s.r.o.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region |
| Breakup by Product | EPE Foam Coil, EPE Foam Sheet, Others |
| Breakup by Application | Protective Packaging, Industrial Thermal Insulation, Mattresses, Automotive, Building and Construction, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | KANEKA Corporation, Sonoco Products Company, Pregis LLC., TART s.r.o., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Expanded Polyethylene (EPE) Foam Market Analysis
8.1 Key Industry Highlights
8.2 Global Expanded Polyethylene (EPE) Foam Historical Market (2017-2021)
8.3 Global Expanded Polyethylene (EPE) Foam Market Forecast (2022-2027)
8.4 Global Expanded Polyethylene (EPE) Foam Market by Product
8.4.1 EPE Foam Coil
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 EPE Foam Sheet
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Expanded Polyethylene (EPE) Foam Market by Application
8.5.1 Protective Packaging
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Industrial Thermal Insulation
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Mattresses
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Automotive
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Building and Construction
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Others
8.6 Global Expanded Polyethylene (EPE) Foam Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 KANEKA Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Sonoco Products Company
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Pregis LLC.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 TART,s.r.o.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Expanded Polyethylene (EPE) Foam Market: Key Industry Highlights, 2016 and 2026
2. Global Expanded Polyethylene (EPE) Foam Historical Market: Breakup by Product (USD Million), 2017-2021
3. Global Expanded Polyethylene (EPE) Foam Market Forecast: Breakup by Product (USD Million), 2022-2027
4. Global Expanded Polyethylene (EPE) Foam Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Expanded Polyethylene (EPE) Foam Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Expanded Polyethylene (EPE) Foam Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Expanded Polyethylene (EPE) Foam Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Expanded Polyethylene (EPE) Foam Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Expanded Polyethylene (EPE) Foam Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Expanded Polyethylene (EPE) Foam Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Expanded Polyethylene (EPE) Foam Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Expanded Polyethylene (EPE) Foam Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Expanded Polyethylene (EPE) Foam Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Expanded Polyethylene (EPE) Foam Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Expanded Polyethylene (EPE) Foam Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Expanded Polyethylene (EPE) Foam Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Expanded Polyethylene (EPE) Foam Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Expanded Polyethylene (EPE) Foam Market Structure
Key Questions Answered in the Report
The global expanded polyethylene (EPE) foam market attained a value of nearly USD 976 million in 2020.
The market is projected to grow at a CAGR of 6% between 2021 and 2026.
The major drivers include the rising research and development activities in the field of chemistry and polymer architecture, thriving e-commerce industry, especially in emerging nations, along with rapid technological advancements.
The key industry trends are that the emerging economies, which have been focussing rigorously on the infrastructure development, have witnessed a substantial growth in demand for expanded polyethylene (EPE) foam industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Asia Pacific accounting for the largest share in the market.
The significant products of the industry are EPE Foam Coil and EPE Foam Sheet, among others.
Based on application, the building and construction segment accounts for a significant share in the market.
The major players in the industry are KANEKA Corporation, Sonoco Products Company, Pregis LLC. and TART s.r.o., among others.
Analyst Review
The global expanded polyethylene (EPE) foam market attained a value of USD 976 million in 2020, driven by the rising research and development activities in the field of chemistry and polymer architecture, thriving e-commerce industry, especially in emerging nations, along with rapid technological advancements. Aided by the growing market in the emerging economies, which have been focussing rigorously on the infrastructure development, have witnessed a substantial growth in demand for expanded polyethylene (EPE) foam industry, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The significant products of the industry are EPE foam coil and EPE foam sheet, among others. Based on application, the building and construction segment accounts for a significant share in the market. The major regional markets for expanded polyethylene (EPE) foam are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Asia Pacific accounting for the largest share of the market. The key players in the above market include KANEKA Corporation, Sonoco Products Company, Pregis LLC. and TART s.r.o., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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