압출 폴리프로필렌(XPP) 폼 : 시장 점유율 분석, 산업 동향, 통계, 성장 예측(2025-2030년)

The extruded polypropylene foam market is valued at USD 1.05 billion in 2025 and is forecast to reach USD 1.42 billion by 2030, advancing at a 6.28% CAGR.

The steady climb mirrors rising material substitution in automotive, packaging, and construction, where low density, high impact strength, and heat resistance deliver measurable performance and sustainability benefits. Lightweighting mandates in vehicles, recyclable-content targets in packaging, and stricter building-energy codes continue to expand the customer base. Supply-side momentum is reinforced by bio-circular polypropylene investments that lower carbon footprints and align with recycling rules, while recent breakthroughs in supercritical foaming add design flexibility. At the same time, volatile propylene costs and tight extrusion capacity constrain immediate scaling, giving established producers pricing power. Overall, the extruded polypropylene foam market is positioned for durable growth through the end of the decade.

Global Extruded Polypropylene (XPP) Foam Market Trends and Insights

Superior Properties & High Recyclability

XPP foam delivers a closed-cell matrix that absorbs energy, dampens noise, and insulates heat better than many incumbent polymers. It maintains dimensional integrity up to 130 °C, vital for vehicle under-hood and cabin components that experience temperature spikes. Because it is thermoplastic, the material can be shredded, re-pelletized, and extruded again without cross-linking degradation, satisfying circular-economy procurement policies. Its resistance to moisture, solvents, and ultraviolet radiation lengthens product life and lowers total cost. Global recycled-polypropylene usage continues to rise, giving converters a growing pool of feedstock that reinforces the extruded polypropylene foam market value proposition.

Automotive Lightweighting Mandates

Corporate Average Fuel Economy rules in the United States, the European Union's CO2 fleet targets, and China's dual-credit system collectively pressure automakers to shed vehicle mass. Replacing heavy plastics or metal inserts with XPP foam in bumper cores, door panels, and battery enclosures cuts part weight by about 25% while keeping crash energy absorption intact. Chemical foaming enables thin-wall sections with fine cell morphology that meet strict dimensional tolerances. Automakers are now specifying recycled-content XPP grades, as demonstrated by interior-trim supplier Grupo Antolin's 20% weight-reduction program using foamed recyclate.

High Price of Extruded Polypropylene & Volatile Propylene Feedstock Costs

Spot propylene climbed to USD 825-835/mt FOB Korea in early 2025 after refinery outages tightened supply. North American polypropylene contracts followed, jumping 9% in Q1 2025 as producers declared force majeure. These price swings compress converter margins and delay capacity investments, especially for smaller firms that cannot hedge raw-material risk through long-term contracts. High resin costs ripple through the extruded polypropylene foam market, raising finished-product prices and prompting short-term customer substitution toward lower-priced foams when performance demands allow.

Other drivers and restraints analyzed in the detailed report include:

1. Growing Demand from Packaging Industry
2. Increasing Demand for Recyclable and Sustainable Foams
3. Limited Large-Scale Extrusion Capacity in Several Regions

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

High-density grades represent the fastest-advancing slice of the extruded polypropylene foam market, posting a 7.98% CAGR through 2030 as designers pursue higher compressive strength and dimensional rigidity. In 2024, Low-density foam remained the leader, holding 48.19% of the extruded polypropylene foam market share, thanks to packaging and interior auto uses where weight savings trump structural loads.

Process engineers now tailor density within a single sheet by modulating nucleating agents across the melt profile, achieving multi-zone parts that blend cushioning and stiffness. Supercritical CO2 foaming narrows cell-size distribution and lifts mechanical integrity, a breakthrough for panels subject to concentrated loads. Nanofiller research, including graphene platelet additions, demonstrates up to 30% modulus uplift at filler loadings below 1 wt%, broadening the suitability of XPP in construction thermal-break assemblies. Architects specify high-density XPP over mineral wool as building-envelope codes tighten due to comparable R-values at half the mass.

Low-density foam still powers in-line returnable packaging, foldable dunnage, and HVAC ducts. New clarifier masterbatches raise heat-distortion temperatures by 8 °C, extending service life in under-hood airflow components where continuous temperatures reach 110 °C. Market leaders are combining post-industrial scrap with virgin resin for low-density sheets, keeping physical properties unchanged while lowering resin costs and greenhouse-gas intensity.

Materials technologists expect the extruded polypropylene foam market to shift toward hybrid density solutions that exploit the best attributes of each grade. High-density cores paired with low-density skins inside one co-extruded laminate enable lightweight yet robust transport container walls. The new configurations are likely to capture share from solid polypropylene boards and aluminum honeycomb, especially in last-mile logistics enclosures seeking weight and cost reductions.

The Extruded Polypropylene (XPP) Foam Market Segments the Industry by Type (Low-Density XPP Foam and High-Density XPP Foam), End-User Industry (Automotive, Building and Construction, Packaging, and More), and Geography (Asia-Pacific, North America, South America, Europe, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Geography Analysis

Asia-Pacific anchors the extruded polypropylene foam market with 54.61% of 2024 revenues, driven by China's automotive exports, India's surge in quick-service food delivery, and Japan's early adoption of circular packaging. Regional consumption is projected to climb 7.45% CAGR through 2030 as OEMs localize electric-vehicle component production and e-commerce penetration spreads beyond tier-one cities. Government rebate programs for lightweight vehicles and restrictions on single-use plastics reinforce demand for recyclable foams. Producers enjoy shorter supply chains to regional propylene crackers, keeping cost inflation below global averages and supporting competitive pricing.

North America holds the second-largest slice, propelled by pickup and SUV platforms that require large energy-absorbing components. The United States Department of Energy's Lightweight Materials Consortium continues to fund research into foamed polyolefin battery shields, keeping the region at the forefront of application engineering. Installations of bio-propane-to-propylene units in Texas bolster feedstock security and unlock low-carbon foam grades. However, the region still contends with propylene price volatility, which can slow downstream investment during supply disruptions.

Europe fosters high-value niches tied to stringent recyclability and carbon-footprint targets. Automakers in Germany and France deploy XPP in crash-pad structures that must pass pedestrian-safety tests while remaining fully recyclable. The region's extruded polypropylene foam market share could rise three percentage points by 2030 if PPWR compliance accelerates conversion away from expanded polystyrene in retail food trays. European converters benefit from harmonized waste-collection schemes that secure clean post-consumer streams for closed-loop programs, but higher energy prices continue to pressure operating margins relative to Asia.

1. BOREALIS GMBH
2. Braskem
3. DS Smith
4. Furukawa Electric Co., Ltd.
5. NMC International SA
6. Pregis LLC
7. Sekisui Voltek
8. SPUR
9. Sumitomo Chemical Co., Ltd.
10. TORAY INDUSTRIES, INC.
11. Zotefoams plc

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Superior properties & high recyclability
  • 4.2.2 Automotive lightweighting mandates
  • 4.2.3 Growing demand from packaging industry
  • 4.2.4 Increasing demand for recyclable and sustainable foams
  • 4.2.5 Drone & UAV protective packaging boom
• 4.3 Market Restraints
  • 4.3.1 High price of extruded polypropylene
  • 4.3.2 Volatile propylene feedstock costs
  • 4.3.3 Limited large-scale extrusion capacity in several regions
• 4.4 Value-Chain Analysis
• 4.5 Porter's Five Forces
  • 4.5.1 Bargaining Power of Suppliers
  • 4.5.2 Bargaining Power of Buyers
  • 4.5.3 Threat of New Entrants
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Competitive Rivalry

5 Market Size & Growth Forecasts (Value)

• 5.1 Type
  • 5.1.1 Low-Density XPP Foam
  • 5.1.2 High-Density XPP Foam
• 5.2 By End-User Industry
  • 5.2.1 Automotive
  • 5.2.2 Building and Construction
  • 5.2.3 Packaging
  • 5.2.4 Other End-User Industries (Consumer Goods and Toys, etc.)
• 5.3 By Geography
  • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 Japan
    • 5.3.1.3 India
    • 5.3.1.4 South Korea
    • 5.3.1.5 ASEAN Countries
    • 5.3.1.6 Rest of Asia-Pacific
  • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
  • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Italy
    • 5.3.3.4 France
    • 5.3.3.5 Rest of Europe
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
  • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share (%)/Ranking Analysis
• 6.4 Company Profiles (includes Global level Overview...Recent Developments)
  • 6.4.1 BOREALIS GMBH
  • 6.4.2 Braskem
  • 6.4.3 DS Smith
  • 6.4.4 Furukawa Electric Co., Ltd.
  • 6.4.5 NMC International SA
  • 6.4.6 Pregis LLC
  • 6.4.7 Sekisui Voltek
  • 6.4.8 SPUR
  • 6.4.9 Sumitomo Chemical Co., Ltd.
  • 6.4.10 TORAY INDUSTRIES, INC.
  • 6.4.11 Zotefoams plc

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment