Expanded Polystyrene Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - ACH Foam, Alpek, BASF, Kaneka, SIBUR

The global Expanded Polystyrene Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.1% during the review period (2022 to 2027)

Expanded Polystyrene Market Overview

Expanded polystyrene (EPS) is a rigid and light weight insulation material with several properties such as shock absorption, resistance to humidity, resistance to compression, retention to vitamin C, hygienic, and resistance to chemicals. It finds application in automotive, furnishing, packaging, and construction industry. EPS is used in various aspects of building work including large structures such as roads, bridges, railway lines, public buildings, or even small family residences. The characteristics of EPS make it ideal for usage as light weight filler, insulation, as an element for decorating or imaginative touches, as a lightweight filling material in roads to facilitate land drainage, and so on. The perfect combination of mechanical and physical properties makes it ideally suited for use in the construction industry. In addition, EPS is the perfect material for packaging as it is lightweight, non-abrasive, water resistant, and has excellent cushioning ability.         Expanded polystyrene, owing to its properties, like lightweight, durability, thermal efficiency, shock absorption, moisture resistance, usability, etc., is used in the building and construction sector. It is used in making roofs, walls, floor insulation, closed cavity walls, road construction, etc. The extended polystyrene market progress is driven by growing application of EPS in the construction and packaging industries. But, EPS is made from expandable polystyrene, which is a rigid cellular plastic containing an expansion agent. EPS is obtained from crude oil. Through further processing, the plastics are obtained from which polystyrene material are further converted into increase polystyrene to attain desired properties.

Industry News:

In August 2018, Atlas Roofing acquired ACH Foam Technologies, a leading manufacturer of molded polystyrene solutions with manufacturing facilities across North America. This will expand and enhance Atlas’s product portfolio and strengthen its position in the North American market.

In January 2018, BEWiSynbra completed the acquisition of Ruukin EPS, a Finnish manufacturer of insulation material. Through this acquisition, the company primarily gains better geographical coverage in Finland and will also be able to offer insulation material and packaging solutions in EPS as it does in the rest of the Nordics.

What are the major Applications, Types and Regions for Expanded Polystyrene Market?

By Type, it is segmented into

• White Expanded Polystyrene


• Grey Expanded Polystyrene


• Black Expanded Polystyrene


• Others

By Applications it is segmented into

• Building & Construction


• Packaging


• Others

Expanded Polystyrene Market Regional Analysis

China is the max consumer in the Asia-Pacific region. Due to the booming housing market and real estate demand, the construction and building industry is expected to raise rapidly, which is anticipated to increase the consumption of expanded polystyrene during the forecast period.

North America

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  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Expanded Polystyrene Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Expanded Polystyrene Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Expanded Polystyrene Market Report Scope?

Key Takeaways from this Expanded Polystyrene Report

• Evaluate Expanded Polystyrene market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Expanded Polystyrene market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Expanded Polystyrene Market is studied from 2017 - 2027.

 What is the growth rate of Expanded Polystyrene Market?

The Expanded Polystyrene Market is growing at a CAGR of 5.1% over the next 5 years.

What regions does this Expanded Polystyrene Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.