Chicago, 30th May 2025 — According to Clearview Market Insights (CVMI), the global microcellular plastics market is projected to grow from USD 15.2 billion in 2024 to USD 31.6 billion by 2031, reflecting a strong compound annual growth rate (CAGR) of 11.0 percent. Microcellular plastics are increasingly adopted across automotive, packaging, electronics, and consumer goods due to their strength-to-weight advantages, cost efficiency, and environmental sustainability.

"Microcellular plastics are emerging as the backbone of circular and lightweight manufacturing," said Jordan Moffat, Principal Analyst for Advanced Materials at CVMI. "Their unique combination of structural performance and sustainability aligns with regulatory, commercial, and consumer priorities."

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Market Highlights

Growth Catalysts

• Automotive Weight Reduction – Foamed plastics replace heavier solid polymer and metal parts in EV interiors, under-the-hood components, and panels.
• Material Efficiency Pressures – Global plastic taxes and recycling mandates incentivize volume reduction and recyclability, both supported by microcellular formats.
• Electronics Miniaturization – Lightweight structural foams enable thinner housings and better thermal properties in devices.
• Cost Savings – Up to 30% less polymer used per part lowers production costs at scale.
• Sustainability Shift – Supercritical CO2 and bio-based polymers reduce environmental impact across lifecycle.

Key Players & Innovations

Regional Developments

• North America – OEMs adopt foamed interior plastics in vehicles and consumer appliances to meet CAFE standards.
• Europe – High uptake in recyclable packaging; partnerships between brand owners and converters in France and Germany.
• Asia-Pacific – Fastest market expansion driven by automotive, electronics, and infrastructure growth in China, South Korea, and India.
• Latin America – Appliance manufacturers in Brazil shift to foamed housings to save costs and meet energy-efficiency targets.
• Middle East & Africa – Trial programs in construction insulation and food-grade packaging in South Africa and the UAE.

Milestones: 2024–25

Quarter	Event	Outcome
Q1 2024	SABIC launched EV-grade polypropylene foam	Improved dimensional stability and fire resistance
Q2 2024	BASF introduced shock-absorbing TPU foams	Microcellular_Plastics_Market 0 React Comenteaza Add Sponsor V Căutare Căutare Sponsor V Sponsor V Suggestions Health Europe Anti-Obesity Drugs Market Size, Share & Growth Analysis 2034 Europe Anti-Obesity Drugs Market Overview The Europe anti-obesity drugs market is witnessing... By rowanjames 0 1K Alte Heavy-Lift Cargo Drone Market: Investment Strategies and Key Players The heavy-lift cargo drone market is witnessing rapid expansion due to technological... By aaravkadam 0 2K Alte Insights Engine Market: Uncovering New Opportunities for Businesses to Leverage Data-Driven Intelligence and Growth The Insights Engine Market is witnessing significant growth as businesses increasingly leverage... By mrunalijadhav 0 803 Software Why CMS programming services matter for developers In a constantly evolving digital landscape, developers are always seeking smarter, faster, and... By e360digitalpro 0 22 Food Dairy Processing Equipment Industry to Grow at 6% CAGR, Hitting USD 16.11 Bn Dairy Processing Equipment Market Overview: The Dairy Processing Equipment Market... By AutoTechNews 0 784 Sponsor V Sponsor V © 2025 TaggedFace Romaian English Arabic Français Español Português Deutsch Türkçe Dutch Italiano Russian Romaian Portuguese (Brazil) Greek About Confidențialitate Termeni Contacteaza-ne