Global Expanded Polystyrene (EPS) Market size was valued at US$ 10.31 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 4.8% from 2023 to 2029, reaching nearly US$ 14.32 Bn.
Expanded Polystyrene (EPS) Market Overview
Expanded Polystyrene (EPS) Market Research Reports provide qualitative and quantitative insights into key market development determinants, limitations, opportunities, and issues from a Expanded Polystyrene (EPS) market. The research is based on forecasts from major organizations as well as market statistics. Sales growth figures at several regional and national market levels, as well as a competitive climate for predicted periods and individual firm valuations, are all included in market research. The Expanded Polystyrene (EPS) Market Report provides growth variables, current market share, various types, technologies, applications, and regional penetrations during the forecast period.
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Expanded Polystyrene (EPS) Market Scope
According to the forecast, the Expanded Polystyrene (EPS) market is grown at a stable growth rate. Import/export consumpation, supply and demand, price, market share, market penetration, sales volume, revenue generated, and gross margins are covered in the Expanded Polystyrene (EPS) market research report. In the Expanded Polystyrene (EPS) market, the report looks at each industry manufacturing site, capacity, production, market price, sales revenue, and market share. Some of the countries engaged are the United States, Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, and Brazil.
Expanded Polystyrene (EPS) Market Segmentation
The market is divided into three segments based on the product type: black expanded polystyrene, grey expanded polystyrene, and white expanded polystyrene. By 2029, it is anticipated that the White Expanded Polystyrene sector would have the biggest market share. This is because there is a growing need for items in packaging applications, such as food packaging (such as clamshell containers, drink cups, and meal trays) and packaging for electronics and consumer goods.
The market is divided into segments according to the application: Chemical Intermediate, Packaging, Foaming, Insulation, and Component Manufacturing. The packaging market is anticipated to expand quickly between 2022 and 2029, with a compound annual growth rate of xxx%. One of the main factors propelling the segment's expansion is the increasing need for consumer goods to be packaged with superior materials to protect its contents from damage during handling, storage, and transportation. Furthermore, food packaging typically uses EPS. Trays, clamshell food containers, burger boxes, insulated beverage cups and bowls, and plates are all made from EPS.
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Expanded Polystyrene (EPS) Market Key Players
1. Wuxi Xingda (China)
2. Synthos (Poland)
3. BASF (Germany)
4. Total (France)
5. SUNPOR KUNSTSTOFF (Austria)
6. The Ravago Group (Belgium)
7. Alpek (Mexico)
8. VERSALIS (Italy)
9. Nova Chemicals (US)
10. Flint Hills Resources (US)
11. PJSC SIBUR HOLDING (Russia)
12. Saudi Basic Industries Corporation (SABIC) (Saudi Arabia)
13. Kaneka Corporation (Japan)
14. Atlas Roofing Corporation (US)
15. BEWiSynbra Group (Sweden)
Expanded Polystyrene (EPS) Market Regional Analysis
Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the regions that make up the Expanded Polystyrene (EPS) market. The market’s primary geographic condition, as well as segments and sub-segments, are examined in the Expanded Polystyrene (EPS) Industry Research. In terms of market size, share, and volume, the report examines the current state of regional development. The Expanded Polystyrene (EPS) market report includes a geographic condition of the market, and revenue as well as an in-depth look at the business network structure, opportunities, and news updates.
Key Questions answered in the Expanded Polystyrene (EPS) Market Report are:
- What is Expanded Polystyrene (EPS) Market?
- What is the forecast period of the Expanded Polystyrene (EPS) Market?
- What is the competitive scenario of the Expanded Polystyrene (EPS) market?
- Which region held the largest market share in the Expanded Polystyrene (EPS) Market?
- What are the opportunities for the Expanded Polystyrene (EPS) Market?
- What factors are affecting the Expanded Polystyrene (EPS) market growth?
- Who are the key players of the Expanded Polystyrene (EPS) market?
- Which company held the largest share in the Expanded Polystyrene (EPS) market?
- What will be the CAGR of the Expanded Polystyrene (EPS) market during the forecast period?
- What key trends are likely to emerge in the Expanded Polystyrene (EPS) market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Expanded Polystyrene (EPS) market
- Landscape- Leading key players and other prominent key players.
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