Extruded Polystyrene (XPS) Market Research Report - Global Forecast till 2030

Extruded Polystyrene (XPS) Market: Information by End-Use (Residential Construction and Commercial Construction) and Region (North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa) - Forecast till 2030

ID: MRFR/CnM/6031-CR | September 2019 | Region: Global | 94 pages

Extruded Polystyrene (XPS) Market Overview


In the presence of foaming gas, from the extrusion of polystyrene, rigid foam is made which is called Extruded Polystyrene (XPS) that is used mainly as a thermal insulator. It is a closed-cell foam material that absorbs the minimum quantity of moisture. In the form of continuous foam billets, extruded polystyrene can be produced on extruding machines.


Extruded polystyrene (XPS) foam provides advanced properties like assisting in moisture management, resists in both water absorption and freeze/thaw cycles. Primarily, it is used for improving the insulation of buildings, roofs, and concrete floors. It is used in the building and construction sector for its thermal efficiency, durability, lightweight, shock absorption, moisture resistance, usability, and more properties. So, the demand for XPS increases by increasing construction activities in the world. The extruded polystyrene market size is expected to be a CAGR of 4.71% and by 2027, it reaches USD 3,624.6 million.


COVID-19 Analysis:


The COVID-19 pandemic has negatively influenced the Extruded Polystyrene (XPS) Industry. Due to the government regulations, lockdown, and COVID battle, all the world stays in their homes. So, the industries faced a lot of struggles like lack of supply, manpower, cost-effective products, and many more leads to a temporary break to the industries. During this period, the polystyrene growth market is driven by the growth in the construction industry in Asia-Pacific & Eastern Europe and this is an advantage over other competitive materials in the market.


After the temporary lockdowns, the extruded polystyrene industry has restarted its business by taking the necessary steps to regain their demand for the products. Recycling in the extruded polystyrene industry is one of the opportunities to increase the market growth.


Market Dynamics:



  • Driver:


Use of XPS in commercial and residential construction activities


By increasing the extruded polystyrene in commercial and residential constructions worldwide for insulation and reducing greenhouse gas emission in the developed regions are the major key drivers of the growth of the Extruded Polystyrene Market. For its excellent flexibility, compatibility, thermal efficiency, high strength, and lightweight, there is demand over extruded polystyrene market forecast. In the construction sector, floorings and ceilings account for the largest market share for extruded polystyrene applications. In addition to that, EPS roofing insulation is used in roofing systems.



  • Restraint:


Higher cost as compared toSubstitutes


Extruded Polystyrene is highly expensive when compared to other substitutes like expanded polystyrene. Availability of these high-performance substitutes and raw material volatility prices are hindering the growth of the Extruded Polystyrene Market (XPS). The presence of toxic chemicals in polystyrene is a restraint of the extruded polystyrene industry.



  •  Opportunities:


The increasing popularity of Green Buildings


The development of green buildings coupled with the recyclability of polystyrene products provides the largest growth for the extruded polystyrene market. The advanced technology and formless use of toxic chemicals to keep the environment safe are leading to the expansion of the growth of extruded polystyrene market analysis.



  • Challenges:


Fluctuating Crude oil Prices:


The high cost of crude oil directly impacts on raw material prices of extruded polystyrene and the installation also slowly hampers the growth of the market. The presence of a high number of substitutes is also a challenging factor for the Extruded polystyrene industry.


Study Objectives -



  • To provide detailed information about the extruded polystyrene market structure along with various forecast segments and sub-segments.

  • To provide the factors that affect the extruded polystyrene market analysis growth.

  • To analyze the extruded polystyrene market-based porter’s five force analysis, etc.

  • To provide the country-level analysis of the current extruded polystyrene market size and future prospective

  • To provide country-level analysis of the Extruded Polystyrene (XPS) market growth by region, device, indication, and end-user.

  • To provide a strategic profile of the key players in the market, analyze their core competencies, and draw a landscape of the global extruded polystyrene market growth.

  • To track and analyze new product developments, strategic alliances, and research in the global extruded polystyrene market.


Segment Overview:


Globally, the Extruded polystyrene market is segmented into end-user, application, and region.


Based on Application - Based on the application, Extruded Polystyrene (XPS) Industry is categorized into the foundation, wall, roof, ceiling, floor, and others. In terms of import, the foundation segment is growing at the very best CAGR. The extruded polystyrene saves energy used for heating or cooling. Apart, it also strengthens the general infrastructure due to its high compressive strength and moisture resistance.


Based on end-users - Based on the end-user, the extruded polystyrene is segmented into residential construction and commercial construction.


Residential end-use grows faster than a commercial for its demand in developed and further in developing countries. As a result in the forecast period, the residential segment accounts for the largest share in terms of volume and import. In 2018, it dominated the world XPS market with a 53.7% share.


Whereas, the commercial segment exhibits a CAGR of 6.18% from 2019-2023. It is segmented into industrialization and hefty investments in the creation of special economic zones.


Based on Region - Based on the region, the XPS is segmented into North America, Europe, Asia Pacific, the Middle East & Africa. Out of these, Asia-Pacific is accounted to be the fastest-growing XPS industry for its high demand in infrastructure and international funding for developing countries.


Regional Analysis -


In 2018, globally the extruded polystyrene market accounted for a 42.6% share of the Asia-Pacific market. Asia-Pacific holds the fastest-growing XPS market for its growing construction activities like commercial construction that grows in the Industrial sector as Information Technology (IT), financial services, banking, and insurance. Due to the commercial and residential construction in the countries, in Asia-Pacific, China and India have a prominent market.


In North America, a CAGR of 3.60% is accounted for and by 2023 it should reach USD 680.6 million. The increase in spending on the construction of new residential buildings leads to growth in this region. During the forecast period, increasing the concept of green building adoption and renovation activities are expected to drive the XPS market in Europe. The Middle East & Africa is expected to robust growth for their growing construction industry.


Competitive Landscape


The major and efficient key players in the extruded polystyrene market are as follows:



  • Kingspan Group (Ireland)

  • BASF SE (Germany)

  • Owens Corning (US)

  • EMIRATES EXTRUDED POLYSTYRENE L.L.C (UAE)

  • Abriso NV (Belgium)

  • Ravago (Belgium)

  • Soprema Inc (France)

  • JACKON Insulation GmbH (Germany)

  • Austrotherm (Austria) and

  • URSA Insulation, S.A (Spain)


All the key players try to focus on new advanced technologies, product developments, and to gain competitive advantages.


In 2018, Kingspan launched Greenguard Type VII XPS Insulation Board to provide insulation with a minimum compressive strength of 60 PSI for high load-bearing engineering applications.


Recent Developments



  • June 2021- SUEZ Group and Airex Energy have signed a partnership to scale up the manufacturing of converting biomass remainders into biochar that can be used in a range of applications in the construction industry. The collaboration that has been in process for over six months is just the starting, as said by the vice-president of business development with Airex Energy. The company is located in Becancour, Que. The concept is to build biochar production plants, and the group is now searching for sites and finetune the technology to be able to manufacture biochar on a greater scale. Biochar is being utilized in a range of industry sectors to decrease the carbon footprint as well as CO2 emissions from the atmosphere. One of the advantages of biochar is it eliminates carbon from the atmosphere and confiscates it in soils for hundreds of years.

  • September 2021 - DuPont announced it is even more urgent that industry, policymakers, and architects work together to restrict the impact of global warming and decrease embodied carbon. The announcement came with United Nations' Intergovernmental Panel on Climate Change (IPCC) 's latest landmark climate report release. Confirming its assurance of transparency, DuPont Performance Building Solutions has released an Environmental Product Declaration (EPD) for its latest Styrofoam™ Brand ST-100 Series extruded polystyrene insulation (XPS). The new EPD ensures DuPont's practice of publishing third-party-verified EPDs for Styrofoam Brand products sold in North America, counting its abridged and low global warming potential (GWP) products launched in 2021, to aid architects and builders navigate the path to AIA2030 and address the climate crisis.

  • In May 2019, in Ossipow Hirschi, Belarus, a new XPS plant was launched by the TechnoNicol Corporation. The location of the plant is ideal for distribution in Europe that is expected to reduce the transportation expenditure of the company and serve a large part of the European market.

  • In January 2019, the European XPS insulation business was purchased by Ravago. The purchase agreement covers Dows’s XPS operations at Lavrion-Greece, Norrkoping-Sweden, Rheinmuenster, and Schkopau-Germany, sales and marketing activities based in Europe.

  • In Oswiecim, Poland, the prominent company Synthos is expanding its XPS capacity at its production plant. By increasing the XPS capacity, it may increase its XPS share and supply its products across Central Europe.

  • In April 2018, Austrotherm introduced an advanced insulation board that is used for external insulation. As the XPS is used for moisture-resistant properties, this external insulation is used within the soil and for efficient drainage.


Report Overview:


The full report is inclusive of the following:



  • Market Overview

  • COVID-19 Analysis

  • Market Dynamics

  • Study Objectives

  • Segment Overview

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments

  • Segmentation Table

  • FAQs


This report further focuses on the growth and development of this market and how the future business will grow.


Segmentation Table


The extruded polystyrene market is segmented based on the application, end-user, and region.


By Application


Foundation, roof, wall, ceiling, floor, and others.


By end-user


Residential construction and commercial construction


 By Region


North America, Europe, Asia-Pacific, Middle East & Africa



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2027: USD 3,624.6 Million
  • 2030: Significant Value
  •   CAGR

  • 4.71% (2020-2027)
  • 2030 : Substantial Value
  •   Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units    Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   End-user, Application, and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Kingspan Group (Ireland), BASF SE (Germany), EMIRATES EXTRUDED POLYSTYRENE L.L.C. (UAE), Owens Corning (US), JACKON Insulation GmbH (Germany), Ravago (Belgium), Abriso nv (Belgium), URSA Insulation, S.A. (Spain), Austrotherm (Austria), and Soprema Inc (France)
      Key Market Opportunities

  • Fluctuating raw material cost.
  • The increasing popularity of Green Buildings
  •   Key Market Drivers   Use of XPS in commercial and residential construction activities


    Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :


    The global extruded polystyrene market is predicted to touch USD 3,624.6 million by 2023.

    The extruded polystyrene market is predicted to grow at a 4.71% CAGR between 2017-2023.

    The APAC region is predicted to dominate the extruded polystyrene market during the forecast period.

    Key players profiled in the extruded polystyrene market include Austrotherm (Austria), URSA Insulation, S.A. (Spain), Soprema Inc (France), Ravago (Belgium), Abriso NV (Belgium), JACKON Insulation GmbH (Germany), EMIRATES EXTRUDED POLYSTYRENE L.L.C. (UAE), Owens Corning (US), Kingspan Group (Ireland), and BASF SE (Germany).

    Fluctuating raw material cost may hamper the extruded polystyrene market.

    1 Executive Summary

    1.1 Market Attractiveness Analysis 16

    1.1.1 Global Extruded Polystyrene Market, By End-Use Industry 16

    2 Market Introduction

    2.1 Definition 17

    2.2 Scope Of The Study 17

    2.3 Market Structure 17

    3 Market Insights

    4 Research Methodology

    4.1 Research Process 22

    4.2 Primary Research 23

    4.3 Secondary Research 24

    4.4 Market Size Estimation 24

    4.5 Forecast Model 25

    4.6 List Of Assumptions 26

    5 Market Dynamics

    5.1 Introduction 27

    5.2 Drivers 28

    5.2.1 Growing Use Of Extruded Polystyrene In Commercial Construction Activities 28

    5.2.2 Increasing Residential Construction Activities Worldwide 28

    5.3 Restraint 30

    5.3.1 Higher Cost Of Extruded Polystyrene As Compared To Substitutes 30

    5.4 Opportunity 31

    5.4.1 Growing Popularity Of Green Buildings 31

    5.5 Challenge 32

    5.5.1 Fluctuating Crude Oil Prices 32

    6 Market Factor Analysis

    6.1 Porter’s Five Forces Model 34

    6.1.1 Overview 34

    6.1.2 Bargaining Power Of Suppliers 35

    6.1.3 Bargaining Power Of Buyers 35

    6.1.4 Threat Of New Entrants 35

    6.1.5 Threat Of Substitutes 35

    6.1.6 Intensity Of Rivalry 35

    6.2 Supply Chain Analysis 36

    6.2.1 Overview 36

    6.2.2 Raw Materials 36

    6.2.3 Extruded Polystyrene Manufacturers 36

    6.2.4 Distribution Channel 37

    6.2.5 End-Use Industry 37

    6.3 Pricing Analysis 37

    7 Global Extruded Polystyrene (XPS) Market, By End-Use Industry

    7.1 Introduction 38

    7.2 Residential Construction 39

    7.3 Commercial Construction 41

    8 Global Extruded Polystyrene (XPS) Market, By Region

    8.1 Introduction 42

    8.2 North America 44

    8.2.1 U.S. 46

    8.2.2 Canada 46

    8.3 Europe 47

    8.3.1 Germany 49

    8.3.2 UK 49

    8.3.3 France 50

    8.3.4 Spain 51

    8.3.5 Italy 51

    8.3.6 Russia 52

    8.3.7 Poland 53

    8.3.8 Rest Of Europe 53

    8.4 Asia Pacific 54

    8.4.1 China 56

    8.4.2 Japan 56

    8.4.3 India 57

    8.4.4 ASEAN 58

    8.4.5 Australia & New Zealand 58

    8.4.6 Rest Of Asia Pacific 59

    8.5 Latin America 60

    8.5.1 Mexico 61

    8.5.2 Argentina 62

    8.5.3 Brazil 62

    8.5.4 Rest Of Latin America 63

    8.6 The Middle East And Africa 64

    8.6.1 Turkey 65

    8.6.2 GCC 66

    8.6.3 Egypt 66

    8.6.4 Rest Of Middle East And Africa 67

    9 Competitive Landscape

    9.1 Introduction 68

    9.2 Global Market Strategy Analysis 68

    10 Company Profiles

    10.1 BASF SE 70

    10.1.1 Company Overview 70

    10.1.2 Financial Overview 70

    10.1.3 Product Offerings 71

    10.1.4 Key Developments 71

    10.1.5 SWOT Analysis 72

    10.1.6 Key Strategies 72

    10.2 Kingspan Group 73

    10.2.1 Company Overview 73

    10.2.2 Financial Overview 73

    10.2.3 Product Offerings 74

    10.2.4 Key Developments 74

    10.2.5 SWOT Analysis 75

    10.2.6 Key Strategies 75

    10.3 Owens Corning 76

    10.3.1 Company Overview 76

    10.3.2 Financial Overview 76

    10.3.3 Product Offerings 77

    10.3.4 Key Developments 77

    10.3.5 SWOT Analysis 78

    10.3.6 Key Strategies 78

    10.4 EMIRATES EXTRUDED POLYSTYRENE L.L.C. 79

    10.4.1 Company Overview 79

    10.4.2 Financial Overview 79

    10.4.3 Product Offerings 79

    10.4.4 Key Developments 79

    10.4.5 SWOT Analysis 80

    10.4.6 Key Strategies 80

    10.5 JACKON Insulation GmbH 81

    10.5.1 Company Overview 81

    10.5.2 Financial Overview 81

    10.5.3 Product Offerings 81

    10.5.4 Key Developments 82

    10.5.5 SWOT Analysis 82

    10.5.6 Key Strategies 82

    10.6 Abriso Nv 83

    10.6.1 Company Overview 83

    10.6.2 Financial Overview 83

    10.6.3 Product Offerings 83

    10.6.4 Key Developments 83

    10.6.5 SWOT Analysis 84

    10.6.6 Key Strategies 84

    10.7 Ravago 85

    10.7.1 Company Overview 85

    10.7.2 Financial Overview 85

    10.7.3 Product Offerings 85

    10.7.4 Key Developments 85

    10.7.5 SWOT Analysis 86

    10.7.6 Key Strategies 86

    10.8 Soprema Inc 87

    10.8.1 Company Overview 87

    10.8.2 Financial Overview 87

    10.8.3 Product Offerings 87

    10.8.4 Key Developments 87

    10.8.5 SWOT Analysis 88

    10.8.6 Key Strategies 88

    10.9 URSA Insulation, S.A. 89

    10.9.1 Company Overview 89

    10.9.2 Financial Overview 89

    10.9.3 Product Offerings 89

    10.9.4 Key Developments 89

    10.9.5 SWOT Analysis 90

    10.9.6 Key Strategies 90

    10.10 Austrotherm 91

    10.10.1 Company Overview 91

    10.10.2 Financial Overview 91

    10.10.3 Product Offerings 91

    10.10.4 Key Developments 91

    10.10.5 SWOT Analysis 92

    10.10.6 Key Strategies 92

    11 Appendix

    11.1 Related Reports 93

    12 List Of Tables

    TABLE 1 LIST OF ASSUMPTIONS 26

    TABLE 2 GHG SAVINGS WITH AND WITHOUT XPS FOAM INSULATION 31

    TABLE 3 GLOBAL EXTRUDED POLYSTYRENE MARKET PRICE ANALYSIS, BY REGION 2020-2027 37

    TABLE 4 GLOBAL EXTRUDED POLYSTYRENE (XPS), BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 38

    TABLE 5 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 39

    TABLE 6 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET FOR RESIDENTIAL CONSTRUCTION, BY REGION, 2020-2027 (USD MILLION) 40

    TABLE 7 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET FOR RESIDENTIAL CONSTRUCTION, BY REGION, 2020-2027 (KILO TONS) 40

    TABLE 8 GLOBAL EXTRUDED POLYSTYRENE (XPS)MARKET FOR COMMERCIAL CONSTRUCTION, BY REGION, 2020-2027 (USD MILLION) 41

    TABLE 9 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET FOR COMMERCIAL CONSTRUCTION, BY REGION, 2020-2027 (KILO TONS) 41

    TABLE 10 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET, BY REGION, 2020-2027 (USD MILLION) 42

    TABLE 11 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET, BY REGION, 2020-2027 (KILO TONS) 43

    TABLE 12 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 ( USD MILLION) 44

    TABLE 13 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 44

    TABLE 1 NORTH AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 44

    TABLE 2 NORTH AMERICA EXTRUDED POLYSTYRENE (XPS)MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 45

    TABLE 3 NORTH AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 45

    TABLE 4 NORTH AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 45

    TABLE 5 U.S. EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 46

    TABLE 6 U.S. EXTRUDED POLYSTYRENE (XPS)MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 46

    TABLE 7 CANADA EXTRUDED POLYSTYRENE (XPS)MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 46

    TABLE 8 CANADA EXTRUDED POLYSTYRENE (XPS)MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 47

    TABLE 9 EUROPE EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 47

    TABLE 10 EUROPE EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 48

    TABLE 11 EUROPE EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 48

    TABLE 12 EUROPE EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 48

    TABLE 13 GERMANY EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 49

    TABLE 14 GERMANY EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 49

    TABLE 15 UK EXTRUDED POLYSTYRENE (XPS)MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 49

    TABLE 16 UK EXTRUDED POLYSTYRENE (XPS)MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 50

    TABLE 17 FRANCE EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 50

    TABLE 18 FRANCE EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 50

    TABLE 19 SPAIN EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 51

    TABLE 20 SPAIN EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 51

    TABLE 21 ITALY EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 51

    TABLE 22 ITALY EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 52

    TABLE 23 RUSSIA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 52

    TABLE 24 RUSSIA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 52

    TABLE 25 POLAND EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 53

    TABLE 26 POLAND EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 53

    TABLE 27 REST OF EUROPE EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 53

    TABLE 28 REST OF EUROPE EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 54

    TABLE 29 ASIA PACIFIC EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 54

    TABLE 30 ASIA PACIFIC EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 55

    TABLE 31 ASIA PACIFIC EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 55

    TABLE 32 ASIA PACIFIC EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 55

    TABLE 33 CHINA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 56

    TABLE 34 CHINA EXTRUDED POLYSTYRENE (XPS)MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 56

    TABLE 35 JAPAN EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 56

    TABLE 36 JAPAN EXTRUDED POLYSTYRENE (XPS)MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 57

    TABLE 37 INDIA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 57

    TABLE 38 INDIA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 57

    TABLE 39 ASEAN EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 58

    TABLE 40 ASEAN EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 58

    TABLE 41 AUSTRALIA & NEW ZEALAND EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 58

    TABLE 42 AUSTRALIA & NEW ZEALAND EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 59

    TABLE 43 REST OF ASIA PACIFIC EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 59

    TABLE 44 REST OF ASIA PACIFIC EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 59

    TABLE 45 LATIN AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 60

    TABLE 46 LATIN AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 60

    TABLE 47 LATIN AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 60

    TABLE 48 LATIN AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 61

    TABLE 49 MEXICO EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 61

    TABLE 50 MEXICO EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 61

    TABLE 51 ARGENTINA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 62

    TABLE 52 ARGENTINA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 62

    TABLE 53 BRAZIL EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 62

    TABLE 54 BRAZIL EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 63

    TABLE 55 REST OF LATIN AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 63

    TABLE 56 REST OF LATIN AMERICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 63

    TABLE 57 THE MIDDLE EAST AND AFRICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 64

    TABLE 58 THE MIDDLE EAST AND AFRICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY COUNTRY, 2020-2027 (KILO TONS) 64

    TABLE 59 THE MIDDLE EAST AND AFRICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 64

    TABLE 60 THE MIDDLE EAST AND AFRICA EXTRUDED POLYSTYRENE (XPS)MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 65

    TABLE 61 TURKEY EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 65

    TABLE 62 TURKEY EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 65

    TABLE 63 GCC EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 66

    TABLE 64 GCC EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 66

    TABLE 65 EGYPT EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 66

    TABLE 66 EGYPT EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 67

    TABLE 67 REST OF MIDDLE EAST AND AFRICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY,

    2020-2027 (USD MILLION) 67

    TABLE 68 REST OF MIDDLE EAST AND AFRICA EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 67

    TABLE 69 KEY DEVELOPMENTS OVERVIEW 68

    TABLE 70 BASF: PRODUCT OFFERINGS 71

    TABLE 71 BASF: KEY DEVELOPMENTS 71

    TABLE 72 KINGSPAN: PRODUCT OFFERINGS 74

    TABLE 73 KINGSPAN GROUP: KEY DEVELOPMENTS 74

    TABLE 74 OWENS CORNING: PRODUCT OFFERINGS 77

    TABLE 75 OWENS CORNING: KEY DEVELOPMENTS 77

    TABLE 76 EMIRATES EXTRUDED POLYSTYRENE L.L.C.: PRODUCT OFFERINGS 79

    TABLE 77 JACKON INSULATION GMBH.: PRODUCT OFFERINGS 81

    TABLE 78 ABRISO NV: PRODUCT OFFERINGS 83

    TABLE 79 ABRISO NV: KEY DEVELOPMENTS 83

    TABLE 80 RAVAGO: PRODUCT OFFERINGS 85

    TABLE 81 ACH FOAM TECHNOLOGIES, INC.: KEY DEVELOPMENTS 85

    TABLE 82 SOPREMA INC.: PRODUCT OFFERINGS 87

    TABLE 83 URSA INSULATION, S.A.: PRODUCT OFFERINGS 89

    TABLE 84 AUSTROTHERM: PRODUCT OFFERINGS 91


    13 List Of Figures

    FIGURE 1 MARKET SYNOPSIS 15

    FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL EXTRUDED POLYSTYRENE MARKET 16

    FIGURE 1 GLOBAL EXTRUDED POLYSTYRENE MARKET ANALYSIS, BY END-USE INDUSTRY 16

    FIGURE 2 GLOBAL EXTRUDED POLYSTYRENE MARKET: MARKET STRUCTURE 17

    FIGURE 3 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 18

    FIGURE 4 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 19

    FIGURE 5 ASIA PACIFIC MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 19

    FIGURE 6 LATIN AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 20

    FIGURE 7 MIDDLE EAST & AFRICA MARKET SIZE & MARKET SHARE BY COUNTRY (2020 VS 2027) 21

    FIGURE 8 RESEARCH PROCESS OF MRFR 22

    FIGURE 9 TOP-DOWN & BOTTOM-UP APPROACH 25

    FIGURE 10 MARKET DYNAMICS OVERVIEW 27

    FIGURE 11 US NEW HOUSING STATS IN THOUSAND 29

    FIGURE 12 DRIVERS IMPACT ANAYSIS 30

    FIGURE 13 RESTRAINT IMPACT ANALYSIS 30

    FIGURE 14 GROWTH OF GLOBAL GREEN BUILDING PROJECTS (2020 VS 2027) 32

    FIGURE 15 BRENT CRUDE OIL PRICES (2014–2019) 32

    FIGURE 16 PORTER’S FIVE FORCES ANALYSIS: GLOBAL EXTRUDED POLYSTYRENE MARKET 34

    FIGURE 17 SUPPLY CHAIN: GLOBAL EXTRUDED POLYSTYRENE MARKET 36

    FIGURE 18 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (USD MILLION) 38

    FIGURE 19 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET, BY END-USE INDUSTRY, 2020-2027 (KILO TONS) 39

    FIGURE 20 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET BY REGION, 2020-2027 (USD MILLION) 42

    FIGURE 21 GLOBAL EXTRUDED POLYSTYRENE (XPS) MARKET BY REGION, 2020-2027 (KILO TONS) 43

    FIGURE 22 CATEGORY-WISE SHARE OF KEY DEVELOPMENTS 69

    FIGURE 23 BASF SE: FINANCIAL OVERVIEW SNAPSHOT 70

    FIGURE 24 BASF: SWOT ANALYSIS 72

    FIGURE 25 KINGSPAN: FINANCIAL OVERVIEW SNAPSHOT 73

    FIGURE 26 KINGSPAN GROUP: SWOT ANALYSIS 75

    FIGURE 27 OWENS CORNING: FINANCIAL OVERVIEW SNAPSHOT 76

    FIGURE 28 OWENS CORNING: SWOT ANALYSIS 78

    FIGURE 29 EMIRATES EXTRUDED POLYSTYRENE L.L.C.: SWOT ANALYSIS 80

    FIGURE 30 JACKON INSULATION GMBH: SWOT ANALYSIS 82

    FIGURE 31 ABRISO NV: SWOT ANALYSIS 84

    FIGURE 32 RAVAGO: SWOT ANALYSIS 86

    FIGURE 33 SOPREMA INC.: SWOT ANALYSIS 88

    FIGURE 34 URSA INSULATION, S.A: SWOT ANALYSIS 90

    FIGURE 35 AUSTROTHERM: SWOT ANALYSIS 92