Expanded Polystyrene Market Information- by Type (White, Grey, Black), by Application (Construction & Buildings, Packaging, Automotive, and Others) – Global Forecast till 2023

ID: MRFR/CnM/3407-HCR | February 2021 | Region: Global | 138 pages

Expanded Polystyrene (EPS) is a thermoplastic product manufactured by using polystyrene beads. It is composed of a large number of styrene monomers which are linked together to form polystyrene by polymerization process. The lightweight, durable, moisture resistance, versatile and easy use properties of the product are the important trends and factors influencing the market confidently. Therefore, they are used in various applications such as construction & buildings, packaging, automotive, and others., As per our analysis, the Global Expanded Polystyrene Market is bifurcated into type and application. The market by type is further divided into white, grey, and black Expanded Polystyrenes. Among these, the white Expanded Polystyrene segment holds a major portion of the market on account of its growing use in packaging applications such egg trays, fast foods owing to its cost effective, convenient to use, and versatile nature. Moreover, the grey Expanded Polystyrene segment is predicted to witness a moderate growth in the market due to its high cost of production. Construction & buildings, packaging, automotive, and others are segregated on the basis of application. Among these, the packaging segment is set to grow at a higher rate on account of growing demand for vegetables, fish, poultry, and others. The automotive segment is set to grow at a higher CAGR on account of increasing substitution of heavy metals by lightweight materials. Additionally, the construction & buildings is predicted to witness a rapid growth due to growing consumption of polystyrene in roofs, walls, and other structures. , The Global Expanded Polystyrene Market Share by Application:, , , Key Players:, Some of the prominent players operating in the Global Expanded Polystyrene Market are BASF SE (Germany), ACH Foam Technologies, Inc (U.S.), Kaneka Corporation (Japan), SABIC (Saudi Arabia), Alpek S.A.B. de C.V (Mexico), Synbra Holding bv (the Netherlands), NOVA Chemicals Corporation (Canada), StyroChem® (Canada), Unipol Holland B.V. (the Netherlands), and Versalis S.p.A (Italy) among others., Regional Analysis:, The Expanded Polystyrene Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the market due to the growing consumption of lightweight materials in construction & buildings, packaging, automotive, and others. The packaging segment holds the

Market Synopsis:

As per our analysis, the Global Expanded Polystyrene Market is bifurcated into type and application. The market by type is further divided into white, grey, and black Expanded Polystyrenes. Among these, the white Expanded Polystyrene segment holds a major portion of the market on account of its growing use in packaging applications such egg trays, fast foods owing to its cost effective, convenient to use, and versatile nature. Moreover, the grey Expanded Polystyrene segment is predicted to witness a moderate growth in the market due to its high cost of production. Construction & buildings, packaging, automotive, and others are segregated on the basis of application. Among these, the packaging segment is set to grow at a higher rate on account of growing demand for vegetables, fish, poultry, and others. The automotive segment is set to grow at a higher CAGR on account of increasing substitution of heavy metals by lightweight materials. Additionally, the construction & buildings is predicted to witness a rapid growth due to growing consumption of polystyrene in roofs, walls, and other structures.

The Global Expanded Polystyrene Market Share by Application:

Key Players:

Some of the prominent players operating in the Global Expanded Polystyrene Market are BASF SE (Germany), ACH Foam Technologies, Inc (U.S.), Kaneka Corporation (Japan), SABIC (Saudi Arabia), Alpek S.A.B. de C.V (Mexico), Synbra Holding bv (the Netherlands), NOVA Chemicals Corporation (Canada), StyroChem® (Canada), Unipol Holland B.V. (the Netherlands), and Versalis S.p.A (Italy) among others.

Regional Analysis:

The Expanded Polystyrene Market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the market due to the growing consumption of lightweight materials in construction & buildings, packaging, automotive, and others. The packaging segment holds the major portion of the market due to growing replacement of cardboard products in the industry. Thus, this segment is predicted to witness a rapid growth in the market during the forecast period. Therefore, countries such as China, Japan and India are the major players in this market.

The North America region is growing significantly due to an increased consumption of polystyrene in packaging, construction & buildings, and others. It is predicted that rising disposable income and increasing investments in the end-use industries are likely to drive the market during the forecast period. The growing consumption of polystyrene product in construction & buildings has propelled the countries such as the U.S., Canada and Mexico to achieve a stunning growth in the market.

European market has also observed a remarkable growth due to an implementation of new rules and regulations proposed by the government to follow lightweight and biocompatible products in the industry. The market has been driven by the application of this rule in the packaging and construction & buildings sectors. It is estimated that the growing innovation and technological advancement are predicted to propel the growth in the countries such as the U.K, Italy, Germany, and France during the forecast period.

The Latin American region is estimated to witness a recognized development in the market due to the growing consumption of low density, humid resistant materials and rising awareness of eco- friendly products in the industry. Moreover, the Middle East & Africa is anticipated to witness a higher growth in the market due to increasing demand for expanded polystyrene in construction & buildings, packaging and automotive sectors.

Segmental Analysis:

The Global Expanded Polystyrene Market is segmented into type, and application. On the basis of the type, the market is further categorized into white, grey and black expanded polystyrenes. Among these, the white Expanded Polystyrene segment holds a majority of the market share due to extraordinary features offered by the product such as water-resistance and reliable nature. The grey Expanded Polystyrene segment is projected to witness a mediocre growth in the market due to its high cost of production than other segments. The market by application is further categorized into construction & buildings, packaging, automotive, and others. Among these, the packaging segment is accounts for major share of the market owing to growing popularity of applications such as egg trays, fast foods, vegetables, fish, and poultry. Additionally, the automotive segment is set to grow at a higher rate in the market due to growing consumption of product in manufacturing high standard and efficient vehicles. Therefore, the recyclable ability, safety and a biocompatible nature are the major reasons behind the consumption of polystyrenes in most of the end use industries.

Geographical Analysis:

The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.

Intended Audience

Expanded Polystyrene Market Manufacturers

Traders and Distributors of Expanded Polystyrene Market

Production Process Industries

Potential Investors

Raw Material Suppliers

Nationalized Laboratory

Frequently Asked Questions (FAQ) :

What are expanded polystyrene and what are major factors driving their applications?

Expanded Polystyrene (EPS) is a thermoplastic product which formed by polymerization process. The lightweight, durability, moisture resistance, and versatility are the major factors driving the applications of EPS.

What are the major application areas of plastic antioxidants?

Expanded polystyrene find their major applications in packaging, buildings & construction, and automotive industry.

Which region holds the largest share in the global expanded polystyrene market?

Asia Pacific holds the largest share in the global expanded polystyrene market followed by North America and Europe, respectively.

What are the key growth strategies of expanded polystyrene industry players?

Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global expanded polystyrene market adopt to gain a larger competitive advantage.

Who are the top players in the global expanded polystyrene market?

ACH Foam Technologies, Inc. (US), BASF SE (Germany), Kaneka Corporation (Japan), Alpek S.A.B. de C.V (Mexico), SABIC (Saudi Arabia), Synbra Holding B V (the Netherlands), StyroChem® (Canada), NOVA Chemicals Corporation (Canada), Versalis S.p.A (Italy), and Unipol Holland B V (the Netherlands), are some of the leading players in the global expanded polystyrene market.

Table of Contents:

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Expanded polystyrene Market

5 Industry Overview of Global Expanded polystyrene Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Expanded polystyrene Market by Type

7.1 Introduction

7.2 White expanded polystyrene

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Grey expanded polystyrene

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Black expanded polystyrene

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

8. Global Expanded polystyrene Market by Application

8.1 Introduction

8.2 Construction & buildings

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Packaging

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

8.4 Automotive

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Region, 2017-2023

8.5 Others

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Region, 2017-2023

9. Global Expanded polystyrene Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2017-2023

9.2.2 Market Estimates & Forecast by Type, 2017-2023

9.2.3 Market Estimates & Forecast by Application, 2017-2023

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2017-2023

9.2.4.2 Market Estimates & Forecast by Type, 2017-2023

9.2.4.3 Market Estimates & Forecast by Application, 2017-2023

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2017-2023

9.2.5.2 Market Estimates & Forecast by Type, 2017-2023

9.2.5.3 Market Estimates & Forecast by Application, 2017-2023

9.2.6 Mexico

9.2.6.1 Market Estimates & Forecast, 2017-2023

9.2.6.2 Market Estimates & Forecast by Type, 2017-2023

9.2.6.3 Market Estimates & Forecast by Application, 2017-2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2017-2023

9.3.2 Market Estimates & Forecast by Type, 2017-2023

9.3.3 Market Estimates & Forecast by Application, 2017-2023

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2017-2023

9.3.4.2 Market Estimates & Forecast by Type, 2017-2023

9.3.4.3 Market Estimates & Forecast by Application, 2017-2023

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2017-2023

9.3.5.2 Market Estimates & Forecast by Type, 2017-2023

9.3.5.3 Market Estimates & Forecast by Application, 2017-2023

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2017-2023

9.3.6.2 Market Estimates & Forecast by Type, 2017-2023

9.3.6.3 Market Estimates & Forecast by Application, 2017-2023

9.3.7 U.K

9.3.7.1 Market Estimates & Forecast, 2017-2023

9.3.7.2 Market Estimates & Forecast by Type, 2017-2023

9.3.7.3 Market Estimates & Forecast by Application, 2017-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2017-2023

9.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.3 Market Estimates & Forecast by Application, 2017-2023

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2017-2023

9.4.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.4.3 Market Estimates & Forecast by Application, 2017-2023

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2017-2023

9.4.5.2 Market Estimates & Forecast by Type, 2017-2023

9.4.5.3 Market Estimates & Forecast by Application, 2017-2023

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2017-2023

9.4.6.2 Market Estimates & Forecast by Type, 2017-2023

9.4.6.3 Market Estimates & Forecast by Application, 2017-2023

9.4.7 Rest of Asia Pacific

9.4.7.1 Market Estimates & Forecast, 2017-2023

9.4.7.2 Market Estimates & Forecast by Type, 2017-2023

9.4.7.3 Market Estimates & Forecast by Application, 2017-2023

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2017-2023

9.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.3 Market Estimates & Forecast by Application, 2017-2023

9.5.4 Saudi Arabia

9.5.4.1 Market Estimates & Forecast, 2017-2023

9.5.4.2 Market Estimates & Forecast by Type, 2017-2023

9.5.4.3 Market Estimates & Forecast by Application, 2017-2023

9.5.5 Qatar

9.5.5.1 Market Estimates & Forecast, 2017-2023

9.5.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.5.3 Market Estimates & Forecast by Application, 2017-2023

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2017-2023

9.5.6.2 Market Estimates & Forecast by Type, 2017-2023

9.5.6.3 Market Estimates & Forecast by Application, 2017-2023

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2017-2023

9.5.7.2 Market Estimates & Forecast by Type, 2017-2023

9.5.7.3 Market Estimates & Forecast by Application, 2017-2023

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2017-2023

9.5.8.2 Market Estimates & Forecast by Type, 2017-2023

9.5.8.3 Market Estimates & Forecast by Application, 2017-2023

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2017-2023

9.6.2 Market Estimates & Forecast by Type, 2017-2023

9.6.3 Market Estimates & Forecast by Application, 2017-2023

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2017-2023

9.6.4.2 Market Estimates & Forecast by Type, 2017-2023

9.6.4.3 Market Estimates & Forecast by Application, 2017-2023

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2017-2023

9.6.5.2 Market Estimates & Forecast by Type, 2017-2023

9.6.5.3 Market Estimates & Forecast by Application, 2017-2023

9.6.6 Rest of Latin America

9.6.6.1 Market Estimates & Forecast, 2017-2023

9.6.6.2 Market Estimates & Forecast by Type, 2017-2023

9.6.6.3 Market Estimates & Forecast by Application, 2017-2023

10. Company Landscape

11. Company Profiles

11.1 BASF SE

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 ACH Foam Technologies, Inc

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Kaneka Corporation

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 SABIC

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Alpek S.A.B. de C.V

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Synbra Holding bv

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 NOVA Chemicals Corporation

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 StyroChem®

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Unipol Holland B.V.

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Versalis S.p.A

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

12 Conclusion

List of Tables:

Table 1 World Population by Major Regions (2017 to 2030)

Table 2 Global Expanded polystyrene Market: By Region, 2017-2023

Table 3 North America Expanded polystyrene Market: By Country, 2017-2023

Table 4 Europe Expanded polystyrene Market: By Country, 2017-2023

Table 5 Asia-Pacific Expanded polystyrene Market: By Country, 2017-2023

Table 6 Middle East & Africa Expanded polystyrene Market: By Country, 2017-2023

Table 7 Latin America Expanded polystyrene Market: By Country, 2017-2023

Table 8 Global Expanded polystyrene by Type Market: By Regions, 2017-2023

Table 9 North America Expanded polystyrene by Type Market: By Country, 2017-2023

Table10 Europe Expanded polystyrene by Type Market: By Country, 2017-2023

Table11 Asia-Pacific Expanded polystyrene by Type Market: By Country, 2017-2023

Table12 Middle East & Africa Expanded polystyrene by Type Market: By Country, 2017-2023

Table13 Latin America Expanded polystyrene by Type Market: By Country, 2017-2023

Table14 Global Expanded polystyrene by Application Market: By Regions, 2017-2023

Table15 North America Expanded polystyrene by Application Market: By Country, 2017-2023

Table16 Europe Expanded polystyrene by Application Market: By Country, 2017-2023

Table17 Asia-Pacific Expanded polystyrene by Application Market: By Country, 2017-2023

Table18 Middle East & Africa Expanded polystyrene by Application Market: By Country, 2017-2023

Table19 Latin America Expanded polystyrene by Application Market: By Country, 2017-2023

Table20 Global Type Market: By Region, 2017-2023

Table21 Global Application Market: By Region, 2017-2023

Table22 North America: Expanded polystyrene Market, By Country

Table23 North America: Expanded polystyrene Market, By Type

Table24 North America: Expanded polystyrene Market, By Application

Table25 Europe: Expanded polystyrene Market, By Country

Table26 Europe: Expanded polystyrene Market, By Type

Table27 Europe: Expanded polystyrene Market, By Application

Table28 Asia-Pacific: Expanded polystyrene Market, By Country

Table29 Asia-Pacific: Expanded polystyrene Market, By Type

Table30 Asia-Pacific: Expanded polystyrene Market, By Application

Table31 Middle East & Africa: Expanded polystyrene Market, By Country

Table32 Middle East & Africa: Expanded polystyrene Market, By Type

Table33 Middle East & Africa: Expanded polystyrene Market, By Application

Table34 Latin America: Expanded polystyrene Market, By Country

Table35 Latin America: Expanded polystyrene Market, By Type

Table36 Latin America: Expanded polystyrene Market, By Application

List Of Figures:

FIGURE 1 Global Expanded polystyrene market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Expanded polystyrene Market

FIGURE 4 Value Chain of Global Expanded polystyrene Market

FIGURE 5 Share of Global Expanded polystyrene Market in 2017, by country (in %)

FIGURE 6 Global Expanded polystyrene Market, 2017-2023,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Expanded polystyrene Market size by Type, 2017

FIGURE 9 Share of Global Expanded polystyrene Market by Type, 2017 to 2023

FIGURE 10 Global Expanded polystyrene Market size by Application, 2017

FIGURE 11 Share of Global Expanded polystyrene Market by Application, 2017 to 2023