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 496 React Add Sponsor Zoeken Zoeken Sponsor V Sponsor V Suggestions Food Vegan Omega 3 Market Scenario Analysis: Current Trends and Future Opportunities The vegan omega 3 market scenario is rapidly evolving as more consumers embrace plant-based diets... By kalyanishukla 490 Party Mosquito Repellent Market Insights: Regional and Global Trends Mosquito Repellent Market Overview Maximize Market Research is a leading market research... By swatimmr 967 Consumer Electronics Named Collective | Named Collective Hoodie | Worldwide Clothing Named Collective:   In today’s fashion world, where authenticity and attitude... By freyaparker 147 Other Make Your Event Unforgettable with LED Party Robot Rentals Are you looking to elevate your next event with something truly out-of-this-world? Add an... By kevindgsquares 493 Sports IndiaMatch: Redefining the Cricket Experience Be it an acutely contested World Cup final or a nail-biting last-ball win at a small domestic... By kyliejennifer 255 Sponsor V Sponsor V © 2025 TaggedFace Dutch English Arabic Français Español Português Deutsch Türkçe Dutch Italiano Russian Romaian Portuguese (Brazil) Greek About Blogs Privacy Voorwaarden Contact Us