Tag Archives: Expanded Polystyrene Market

Expanded Polystyrene Market Research Report, Analysis, Share, Size, Emerging Trend and Region – Forecast to 2023

Market Overview:

Expanded Polystyrene (EPS) is a thermoplastic product manufactured by using polystyrene beads. It is composed of many styrene monomers which are linked together to form polystyrene by polymerization process. The lightweight, durable, moisture resistance, versatile and easy use properties of the product are the important trends and factors influencing the market confidently. Therefore, they are used in various applications such as construction & buildings, packaging, automotive, and others.

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Expanded Polystyrene Market Demonstrates a Spectacular Growth by 2027

The increasing inclination towards eco-friendly construction polymers have increased the demand of Expanded Polystyrene in the construction sector. Various studies suggest that greenhouse gas emissions from buildings might reach an alarming state in the near future, if proper measures are not taken. A report from the U.S. Green Building Council revealed that commercial and residential building sector accounts for more than one-third of the total carbon dioxide (CO2) emissions in the United States per year. Countries such as China and India are realizing the environmental implications of robust industrial development and urbanization. The above mentioned factors and government measures towards ecofriendly construction materials are anticipated to fuel the growth of ****** expanded polystyrene market.

Expanded Polystyrene (EPS) Market: Business Overview, Products Offered, Recent Developments, SWOT Analysis

The EPS market is expected to grow from USD 15.5 billion in 2018 to USD 24.7 billion by 2027, at a CAGR of 5.3% during the forecast period. The major factors driving the EPS market include the growing construction and packaging industries in developing countries.

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The major vendors in the Expanded Polystyrene Market are Wuxi Xingda (China), Synthos (Poland), BASF (Germany), Total (France), SUNPOR KUNSTSTOFF (Austria), The Ravago Group (Belgium), Alpek (Mexico), VERSALIS (Italy), Nova Chemicals (US), Flint Hills Resources (US), PJSC SIBUR HOLDING (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kaneka Corporation (Japan), Atlas Roofing Corporation (US), BEWiSynbra Group (Sweden), Brødr. Sunde A/S (Norway), Nexkemia Petrochemicals (Canada), and Unipol Holland (Netherlands).

Expanded Polystyrene Market Analysis To Reach $12.97 Billion By 2025

The ****** expanded polystyrene market is projected to reach approximately USD 12.97 billion by 2025, according to a new report conducted by Grand View Research, Inc. Rising growth of millennials and nuclear families as well increase in disposable income towards consumption of single use EPS containers provided by urban food outlets and takeaway stations is expected to promote the usage of expanded polystyrene. In addition, innovation in automotive sector including making cars more light weight and fuel efficient by ****** car manufacturers will propel to the growth of EPS over the forecast period.

Expanded Polystyrene Market Research Report, Analysis, Share, Size, Emerging Trend and Region – Forecast to 2023

Expanded Polystyrene Market – Market Overview:

The ****** expanded polystyrene market is growing with the rapid pace; mainly due to the increasing construction industries. According to a recent study report published by the Market Research Future, the ****** market of expanded polystyrene is prospering and expected to gain strong influence over the forecast period. The market is estimated to demonstrate a remarkable growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

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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) – ****** 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.

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

Expanded Polystyrene Market: Key Data & Attractive Opportunities for Players

The ****** expanded polystyrene market is projected to reach USD 18.97 Billion by 2022, at a CAGR of 5.1% from 2017 to 2022. Growing construction activities and increase in the demand for packaged food has led to an increase in the demand for expanded polystyrene from the building & construction and packaging industries. The rising demand from end-use industries in countries across the globe is expected to further fuel the growth of the expanded polystyrene market.

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Expanded Polystyrene Market Worth 18.97 Billion USD by 2022

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) – ****** Forecast to 2022″, Published by MarketsandMarkets™, the 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.

Browse 174 market data tables and 46 figures spread through 176 pages and in-depth TOC on “Expanded Polystyrene Market

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Increasing Use of Expanded Polystyrene Market in New and Emerging Applications

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) – ****** 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.

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.