Global expanded polystyrene market is expected to reach USD 22.13 billion by 2025, at a CAGR of 5.2% between 2019 and 2025. The growing construction industry across the globe is expected to drive the global expanded polystyrene market in the future, as expanded polystyrene is widely used in roofing and flooring of buildings.
Expanded Polystyrene Market
The report covers a forecast and an analysis of the expanded polystyrene market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 with a forecast from 2019 to 2025 based on both volume (Kilotons) and revenue (USD Billion). The study covers the key drivers and restraints of the expanded polystyrene market. Furthermore, the study also includes the opportunities accessible within the expanded polystyrene market on a global level.
In order to offer the users of this report, a comprehensive view of the expanded polystyrene market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participants operating in the expanded polystyrene market globally. Besides, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of the key players within the market on a regional basis.
The study provides a crucial view of the expanded polystyrene market by dividing the market based on product type, end-use industry, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Based on product type, the global expanded polystyrene market includes grey, white, and black. Based on the end-use industry, the global expanded polystyrene market includes packaging, building and construction, electrical and electronics, consumer goods, and others. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
Some key manufacturers of the global expanded polystyrene market are Kaneka Corporation, Total S.A., ACH Foam Technologies, PJSC Sibur Holding, LLC, BASF SE, Support Kunststoff GmbH, Saudi Basic Industries Corporation, Synthos S.A., Synbra Holding B.V., Ineos Styrenics International SA, and Alpek SAB de CV, among others.
This report segments the global expanded polystyrene market as: