Global Expanded Polystyrene Packaging Market 2016-2020 - Volatile Crude Oil Price - Key Vendors are BASF, INEOS & Synthos - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Expanded Polystyrene Packaging Market 2016-2020" report to their offering.

The global EPS packaging market is expected to grow at a CAGR of 6.86% during the period 2016-2020.

The growing food takeout and delivery industry is the major growth driver of the global EPS packaging market. The demand for EPS from this industry is high because EPS can be painted and coated, which further enhances its properties like mechanical strength and water vapor diffusion resistance.

According to the report, the high recycling rate of EPS makes it a more suitable material used for packaging compared to other plastic packaging materials. Recycled EPS can be used for foam packaging and also for making products such as CD cases and coat hangers. EPS is a plastic packaging material; however, it is less harmful to the environment compared to other plastic packaging materials used for the same applications. Also, EPS makes up only 0.1% of municipal solid waste in the US.

Further, the report states that environmental and human health concerns about the use and effects of EPS negatively affect the demand for EPS packaging and hence the profit margin of vendors and the market growth.

Key vendors:

  • BASF
  • INEOS
  • Kaneka Corp.
  • Saudi Basic Industries Corp. (SABIC)
  • Synthos

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/vvqfv3/global_expanded

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716