Attractive Opportunities for Players in the Expanded Polystyrene Market

The report “Expanded Polystyrene Market by Product Type (White, Grey, Black), Application (Building & Construction, Packaging), and Region (Asia-Pacific, Europe, North America, Middle East & Africa, South America) – Global Forecast to 2022″, The expanded polystyrene market is projected to reach USD 18.97 Billion by 2022, at a CAGR of 5.1% from 2017 to 2022. In this study, 2016 has been considered as the base year for estimating the market size.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=1138

Building & construction: the leading end-use industry segment of the expanded polystyrene market

Expanded polystyrene resins are commonly used materials in the building & construction industry. Apart from its application in insulation, expanded polystyrene foam is also used inroad foundations, void forming, flotation, drainage, impact sound insulation, modular construction elements, cellular bricks, bridges, railway lines, public buildings, or even small family residences, among others. Excellent mechanical properties, quick construction/assembly ability, and low subsequent maintenance of expanded polystyrene makes it a preferred material in the building & construction industry. Changing consumer preferences and growing need for technologically-advanced products is expected to boost the market for expanded polystyrene.

Building & construction is estimated to be the largest segment of the market in 2017, in terms of volume, followed by the packaging segment. The rising demand for new and innovative products, and need for research & development in expanded polystyrene has led to companies adopting organic and inorganic growth strategies to increase their market shares.

White expanded polystyrene estimated to be the leading product type segment of the market. The demand for white expanded polystyrene is driven by the adoption of expanded polystyrene in various applications. White expanded polystyrene is a rigid, closed-cell foam plastic. It has persistent thermal properties, stable dimensions for varied end use, excellent mechanical properties, recyclable, and non-corrosive.

For More Info: https://www.marketsandmarkets.com/Market-Reports/expanded-polystyrene-market-1138.html

Key Target Audience:

  • Manufacturers of Expanded Polystyrene
  • Raw material Suppliers
  • Product Type Providers
  • Industry Associations
  • Traders and Distributors of Expanded Polystyrene
  • Research Institutes and Government Organizations
  • Market Research and Consulting Firms
  • Manufacturers in Applications, such as Building & Construction, Packaging, and Others
  • Environment Protection Agencies

Key market players in the expanded polystyrene market

Key players in the market include ACH Foam Technologies, LLC (U.S.), Alpek SAB de CV (Mexico), BASF SE (Germany), Kaneka Corporation (Japan), SIBUR Holding (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), SUNPOR KUNSTSTOFF GmbH (Austria), Synbra Holding bv (Netherlands), Synthos S.A. (Poland), and Total S.A. (France).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.