Global Expanded Polystyrene Market (EPS) Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Expanded Polystyrene Market (EPS) - Segmentation by Application and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The overall demand of expanded polystyrene market (EPS) is expected to grow at a significant rate during the forecast period. Building & insulation and packaging are the major application of EPS, collectively accounting for about 90% of the market share.

The global construction sector is expected to expand by an annual average of 3.2% for the next decade to a nominal value of more than USD 6.0 trillion. Many schemes and projects such as housing for all in India give acceleration to the construction industry in this region.

Building and Construction sector finds expandable polystyrene employed in several applications, such as floor insulation, insulation foam for cavity walls and roofs due to its structural integrity and design flexibility qualities. Increasing energy prices are forcing consumers to work towards developing thermal efficiency of constructions to reduce their energy consumption. The key areas of expected growth in construction market are transport, energy, social infrastructure, schools, defense infrastructure etc.

Asia is the world's largest construction market across the globe, with an annual average growth of 4.1% between 2018 and 2023 and the region will account for approximately 40% of the world's construction industry value by 2023. Currently, Asia-Pacific dominates the market for EPS with almost half of the global revenue share, followed by North America and Europe. China alone contributes to 40% of the global consumption in this market.

Companies Mentioned

  • BASF SE
  • Alpek
  • Eastchem A.S.
  • Flint Hills Resources
  • Formosa Plastics Group
  • Ineos Styrenics
  • Jiangsu Nijiaxiang Chemical Co. Ltd.
  • Jiangyin Sunping New Material Co. Ltd.
  • Kaneka Corporation
  • Lanxess AG
  • Loyal Group
  • Ming Dih Group Corp
  • Murata Manufacturing
  • Nova Chemicals Corporation
  • Owens Corning
  • Plasti-Fab
  • Polimeri Europa
  • Polioles SA de CV
  • SABIC
  • StyroChem
  • Styrolution Group GMBH
  • Styron LLC
  • Sunde Group
  • Sunpor Kunststoff GmbH
  • Supreme Petrochem Ltd.
  • Synthos SA
  • Taita Chemical
  • Thai ABS Co. Ltd.
  • DowDuPont
  • Tianjin Jiatai Weiye Chemical Co. Ltd.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/ms5wbx/global_expanded?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Plastics

Contacts

ResearchAndMarkets.com
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
Related Topics: Plastics