Polypropylene is a thermoplastic polymer which can be readily formed by catalytic polymerization of propylene. In foam form it is used for various applications such as packaging, automobile, construction, electrical and electronics, and medical industries. The polypropylene foam has witnessed an enormous growth in the past few decades and this trend is expected grow over the next few years. Growing demand from China's packaging industry and increasing demand for light weight vehicles are expected to be the major drivers for the polypropylene foam market. In addition, growing demand for recyclable products coupled with excellent quality, durability, energy absorbing and innovative techniques is expected to augment the polypropylene foam market over the next few years. However, volatility of raw material prices and rising awareness regarding environmental issues may hamper the demand for polypropylene foam. This is because crude oil and natural gas are the major sources of primary feedstock required to manufacture polypropylene. Naphtha and ethylene are the basic raw materials from which propylene, a monomer of polypropylene, is manufactured. Hence, prices of crude oil and natural gas have a direct impact on the price of polypropylene. Shift towards developing bio-based polypropylene is anticipated to open new avenues for this market.