Expanded Polystyrene (EPS) Market - Global Forecast To 2022

The Expanded Polystyrene (EPS) Market is projected to reach USD 18.97 billion by 2022, at a CAGR of 5.1% from 2017 to 2022.

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

Building & construction is projected to be the fastest-growing application segment of the expanded polystyrene market. Expanded polystyrene finds application in the construction of large structures. The outstanding characteristics of expanded polystyrene makes it ideal for use as a lightweight filler, insulation, as an element for decorative or imaginative touches, and so on.

Grey expanded polystyrene is expected to be the fastest-growing product type segment of the expanded polystyrene market. The growth of the segment is driven by the growing demand from the building & construction industry and the increasing applications of grey expanded polystyrene. Graphite, which is used in grey expanded polystyrene, reduces the amount of radiant heat that moves through the expanded polystyrene. The use of graphite in expanded polystyrene helps reduce heat transfer through the material by 9-21%, depending on density.



Asia-Pacific is the leading market for expanded polystyrene, in terms of value. Countries in this region, including China, South Korea, India, Thailand, Indonesia, and Malaysia, are witnessing an increase in the use of expanded polystyrene in applications, such as building & construction, and packaging, among others.

This report aims to estimate the market size and future growth potential of the expanded polystyrene market across different segments, such as product type, application, and region. It analyzes the opportunities in the market for stakeholders and presents the competitive landscape for the market leaders. Factors, such as drivers, restraints, opportunities, and industry-specific challenges, influencing market growth have also been studied in this report.

Key companies include:

ACH Foam Technologies, LLC (U.S.), Alpek SAB de CV (Mexico), BASF SE (Germany), Kaneka Corporation (Japan), PJSC 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).

Research Coverage:
The expanded polystyrene market report covers different segmentations, which include market by product type (white, grey, black), application (building & construction, packaging, and others). The product type and application segments are further analyzed by each country across regions.

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