Expanded Polystyrene Market Report

Impact of COVID-19 on Expanded Polystyrene Market

Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

Note: The summary below might not have included insights on covid impact since we have large number of reports.

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Impact of COVID-19 on Expanded Polystyrene Market

Covid-19 has impacted the market dynamics, competition, and global...

See more...

Impact of COVID-19 on Expanded Polystyrene Market

Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

Note: The summary below might not have included insights on covid impact since we have large number of reports.

Get Impact Analysis

Expanded Polystyrene (EPS) 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.

Market Share Analysis

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Expanded Polystyrene (EPS) Market Share: By Product Type

Based on the product type, the 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.

Expanded Polystyrene (EPS) Market Share: By End-Use Industry Type

Based on the end-use industry type, the expanded polystyrene (EPS) 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.

Expanded Polystyrene (EPS) Market Share: By Region

In terms of regions, 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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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.

The expanded polystyrene (EPS) market is segmented into the following categories. 

Expanded Polystyrene (EPS) Market Size, Share, & Forecast, by Product Type:

• White EPS (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Grey EPS (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Black EPS (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Expanded Polystyrene (EPS) Market Size, Share, & Forecast, by End-Use Industry Type:

• Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Packaging Industry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (By End-Use Industry Type: Automotive, Medical, Marine, and Sports & Leisure)

Expanded Polystyrene (EPS) Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of 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 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

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. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report 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 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by end-use industry type.  

Competitive Benchmarking

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

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].