Expanded Polystyrene (EPS) Market 2018-2025 Key Players: Intuitive Surgical, Stryker, Restoration Robotics, Medtech S.A

The expanded polystyrene (EPS) market is expected to reach approximately USD 5.95 billion by the end of 2025, growing at a CAGR of 5.71 %.

A new market assessment report on the Expanded Polystyrene (EPS) market provides a comprehensive overview of the Expanded Polystyrene (EPS) industry for the forecast period 2018 - 2025. The analytical study is proposed to provide immense clarity on the market size, share and growth rate across different regions. The profound knowledge and extensive examination of the trends from the yesteryear and future aims at offering the stakeholders, product owners, and marketing personnel a competitive edge over others operating in the Expanded Polystyrene (EPS) market for the forecast period, 2018 - 2025.

The major players covered in this report are:

BASF SE, S.C. Adeplast S.A, Sunpor, Ineos Styrenics, Universal Foam Products, Styro Limited, Kaneka Corporation, Nova Chemical Corporation, and Carpenter Company

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Due to increasing rates of industrialization, growing construction and packaging industries, and increasing disposable income in developing countries in the Asia-Pacific and Latin America, there is an uptick in demand for EPS in these countries.

More than 80% of the new capacities will be created in developing countries due to the saturation of industries in North America and Western Europe. However, due to the recovery of the automotive manufacturing sector in Germany and the US, the sale of lightweight polymer foam is said to increase, as it is used in automotive ancillaries.

The demand for expandable polystyrene is rising in developing countries like Brazil, India, China, Saudi Arabia, Iran etc. Asia-Pacific countries report an increasing demand due to high growth in construction and automotive industry, account for almost 56% of the global demand and expect the demand to rise another 5 million tons. China dominates the Asian and global market due to high demand from packaging and electrical and electronic industries.

Both Europe and North America are expected to experience a decrease in demand due to stringent environmental laws and increasing demand for environmentally friendly products.

Rising demand for EPS for packaging application in Rest of the World is due to an increase in per capita disposable income and key global events like the World Cup and Olympics in these regions. Europe also reports an increasing demand for EPS from the insulation industry.

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On the basis of Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

• Expanded Polystyrene (EPS)
• Extruded Polystyrene (XPS)

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including:

• Appliances
• Automotive industry
• Food Service
• Insulation
• Packaging
• Construction

Extensive data on market segmentation

The Expanded Polystyrene (EPS) report divides the market of potential buyers into different groups, or segments/sub segments, based on various characteristics. The segments and sub segments identified contain buyer who are expected to respond or react similarly to certain products and services. The report further finds out consumers who share traits including similar expectations, interests, geography and needs. The segmentation sheds light on how some customers are likely to purchase a product or service than others to enable marketers allocate their focus as well as resource.

Attracting the target audience

First, the comprehensive report finds out why customers need a certain product or service. The study focuses on what problems a certain product and service can solve. Apart from target demographics industry experts weigh up on the factors including audience type, as well as others vital attributes about the target customer segment.

The research provides answers to the following key questions:

• What will be the growth rate and the market size of the Expanded Polystyrene (EPS) industry for the forecast period 2018-2025?

• What are the major driving forces expected to impact the development of the Expanded Polystyrene (EPS) market across different regions?

• Who are the major driving forces expected to decide the fate of the industry worldwide?

• Who are the prominent market players making a mark in the Expanded Polystyrene (EPS) market with their winning strategies?

• Which industry trends are likely to shape the future of the industry during the forecast period 2018-2025?

• What are the key barriers and threats believed to hinder the development of the industry?

• What are the future opportunities in the Expanded Polystyrene (EPS) market?

Browse complete report description@ https://www.reportsanddata.com/report-detail/expanded-polystyrene-eps-market

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