The global Expanded Polystyrene (EPS) market size was USD 9.84 Billion in 2022 and is expected to register a revenue CAGR of 4.6% during the forecast period.
Expanded polystyrene is a chemical polymer that is produced using polystyrene beads. It is a lightweight material. Expanded polystyrene is a versatile material that also offers great resistance, durability, and moisture resistance. They are employed for a variety of purposes, including packing and building work, among others. Insulation material known as expanded polystyrene comes in a wide range of dimensions. The polymerization of many styrene monomers joined to polystyrene produces expanded polystyrene. A hard cellular plastic with an expansion agent is called expanded polystyrene.
The need for expanded polystyrene will increase as urbanisation, industrialisation, and construction activities increase. Increased demand for long-lasting homes and businesses will promote market expansion, particularly in developing nations. Increased demand from other end-user industries, such as the automotive and packaging sectors, will increase the value of the expanded polystyrene market. Expanded polystyrene demand is expanding as consumers desire more environmentally friendly, lightweight products with superior thermal insulation.
The Expanded Polystyrene market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Expanded Polystyrene market. On the basis of historic growth analysis and current scenario of Expanded Polystyrene market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Expanded Polystyrene market. This further helps user with their developmental strategy.
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This report examines all the key factors influencing growth of global Expanded Polystyrene market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Expanded Polystyrene market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Major Players
Nexkemia Petrochemicals
Atlas Roofing Corporation
VERSALIS
Wuxi Xingda
SUNPOR KUNSTSTOFF
BEWiSynbra Group
Saudi Basic Industries Corporation (SABIC)
Alpek
Synthos
PJSC SIBUR HOLDING
Unipol Holland
Flint Hills Resources
Total
Kaneka Corporation
BASF
Nova Chemicals
The Ravago Group
Types
White
Grey
Applications
Construction
Packaging
Automotive
Others
Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Expanded Polystyrene market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Points:
Define, describe and forecast Expanded Polystyrene product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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