According to new research study “Global Expanded Polystyrene Market by Product Type (White, Black and Grey) Application (Building & Construction, Packaging) Geography (North America, Europe, Asia-Pacific, Europe, South America and Middle East & Africa)” – Industry Trends and Forecast to 2024
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The Global Expanded Polystyrene Market accounted for USD 14.09 billion in 2016 and is projected to grow at a CAGR of 5.5% during the forecast period of 2017 to 2024.
- No of pages: 350
Definition of Expanded Polystyrene Market:
Polystyrene is utilized mostly in the manufacture of consumer products, Due to its hard, strong nature, it is often used in such products which need clarity such as laboratory ware and food packaging and when mixed with colorants it is used in electronics, appliances automobile parts manufacturing and many more. Expanded polystyrene do come in different compressive strength to resist load and back fill forces.
As this provide with less water absorption, low vapor and is environment friendly.
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- No of Figures: 60
Report Segmentation of Expanded Polystyrene Market:
On the basis of product type, the global expanded polystyrene market is segmented into white expanded polystyrene, black expanded polystyrene and grey expanded polystyrene.
On the basis of application, the global expanded polystyrene market is segmented into building & construction, packaging and others. Building & Construction is sub segmented into exterior insulating & finishing systems, insulating concrete forms (ICF), roofing systems, below grade foundation, structural insulated panels, door cores, floors, walls & ceilings and cold storage.
Packaging is sub segmented into packaging products, transport packaging, food packaging, loose fill packaging and protective and display packaging.
On the basis of geography, the global expanded polystyrene market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
The global expanded polystyrene market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
- No of Tables: 220
Major Market Competitors:
Some of the major players in global expanded polystyrene markets are ACH Foam Technologies, Inc., BASF SE, Total, Alpek S.A.B. de CV, Koch FHR, Brødr. Sunde as., Sibur Holding, NOVA Chemicals Corporation, INEOS Styrenics, Synthos S.A, Kaneka Corporation, Sunpor Kunststoff GmbH, Versalis S.p.A., Owens Corning, Unipol Holland B.V, Ravago, SABIC and StyroChem among others.
Major Market Drivers:
- Expansion in the polystyrene demands and easy recyclability
- Emerging needs in order to protect products
- Availability of substitutes
- Variability in crude oil prices
Read more about the Expanded Polystyrene Market at databridgemarketresearch.com/repor…lystyrene-market/
Research Methodology of Expanded Polystyrene Market:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.
market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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