DUBLIN--(BUSINESS WIRE)--The "Expanded Polystyrene (EPS) Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market.
The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
The expanded polystyrene (EPS) market is expected to reach US$17.667 billion by the end of 2023, increasing from US$12.659 million in 2017, growing at a CAGR of 5.71% during the forecast period.
Growing world population is augmenting the demand for residential buildings and infrastructure, thereby impacting the growth of global EPS market positively. Rising packaging industry due to growing e-commerce and increasing demand for packaged food and beverage products is also boosting the demand for these solutions.
Due to escalating infrastructure and construction activities in emerging economies such as China, India and South Korea, APAC region will witness the fastest growth during the forecast period. Growing packaged food and beverage industry and rising demand for consumer electronics will further fuel the market growth in the region. Europe and South America will also witness the high growth in demand for expanded polystyrenes owing to rising pharmaceutical industry and high investment in infrastructure respectively.
Major industry players profiled as part of the report are BASF SE, Universal Foam Products, Styro Limited, Kaneka Corporation, Nova Chemical Corporation, and Carpenter Company among others.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Expanded Polystyrene (EPS) Market by Product
6. Expanded Polystyrene (EPS) Market by Industry Vertical
7. Expanded Polystyrene (EPS) Market by Geography
8. Competitive Intelligence
9. Company Profiles
- BASF SE
- Styro Limited
- Universal Foam Products
- Kaneka Corporation
- Nova Chemical Corporation
- Carpenter Company
- Armacell LLC
- Taita Chemical Company Limited
For more information about this report visit https://www.researchandmarkets.com/research/8gxgz6/global_17_66?w=4