Expanded Polystyrene (EPS) Market Growth Analysis

Market Insights

Expanded Polystyrene (EPS) market is likely to witness an impressive CAGR of 5.2% during the forecast period. The most contributing factor driving the demand for expanded polystyrene material is the continuous growth in the construction and packaging industries, especially in developing countries, which in turn, is driving the growth of the market.

Segment Analysis

By Product Type

The expanded polystyrene (EPS) market is segmented as white EPS, grey EPS, and black EPS. White EPS is expected to be the largest segment during the forecast period, driven by its excellent thermal and mechanical properties, stable dimensions for end-use, non-corrosive nature, and easy recyclability.

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By End-Use Industry Type

The market is segmented as building & construction, packaging, and others. The building & construction industry segment dominates the market, as EPS is the supreme choice for green building and provides maximum energy efficiency, improved indoor environmental quality, and enhances durability.

Regional Analysis

Asia-Pacific is estimated to be the largest as well as fastest-growing expanded polystyrene (EPS) market during the forecast period, driven by various government proposals for improving public infrastructure and the rising cash-intensive non-residential construction. Also, developing countries of the region have several upcoming building & construction projects.

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Key Players

Some of the major expanded polystyrene (EPS) manufacturers are-

• Alpek S.A.B. de C.V
• BASF SE
• Flint Hills Resources
• Ravago S.A
• Sibur Holding PAO
• Sunpor Kunststoff GmbH
• Synthos S.A
• Total
• Versalis S.p.A
• Wuxi Xingda New Foam Plastics Materials Co., Ltd.

Market Scope & Segmentation

Expanded Polystyrene (EPS) is a recyclable plastic material produced from solid beads of polystyrene and is majorly used in the food and construction industries. EPS is lightweight with low thermal conductivity and has excellent cushioning properties.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Target Audience

Here is the list of the group of customers that the market hopes to have the greatest opportunity to convert-

• Distributors
• Suppliers
• Manufacturers
• Logistics organizations
• Government bodies

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What deliverables will you get in this report?

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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