Press release
Asia-Pacific Expanded Polystyrene (EPS) Market Research on Chemical Segment 2019 to 2023
The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Expanded Polystyrene (EPS) production region, major players, and product type which will provide a simplified view of the Expanded Polystyrene (EPS) industry. The Expanded Polystyrene (EPS) market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Expanded Polystyrene (EPS) market which will help the emerging market segments in making vital business decisions.Expanded Polystyrene (EPS) Market Segmentation:
This report on Asia-Pacific Expanded Polystyrene (EPS) market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Asia-Pacific market for Expanded Polystyrene (EPS). Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).
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Asia-Pacific Expanded Polystyrene (EPS) market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including SABIC, DowDuPont, BASF SE, Formosa Plastics, and Lanxess AG, among others.
Growth in Construction Industry
The global construction sector is expected to expand by an annual average of 3.2% over the next decade to a nominal value of more than USD 6 trillion. The Asia-Pacific construction industry is the fastest growing market across all regions and is expected to account for the largest share in the construction market in the world. Many schemes and projects, such as housing for all in India, give acceleration to the construction industry in this region. Similarly, the One Belt One Road Initiative by China to make a road and marine network from China to Italy to provide acceleration to commercial activities will give boost to the construction industry during the forecast period. Rapid increase in population, especially in China and India, will give a rise to construction activity in developing countries.
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Building & Construction - The Fastest Growing Segment by Usage
The building & construction sector finds expanded polystyrene useful 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; this, in turn, is driving the market for EPS-based roofing systems. The key areas of expected growth in the construction market are transport, energy, social infrastructure, defense infrastructure, etc. Owing to the growing construction industry in countries like China, India etc., the utilization of EPS for various insulation and roofing purposes is expected to increase significantly, further boosting the market for EPS products.
This independent 111 pages report guarantees you will remain better informed than your competition. With over 80 tables and figures examining the Expanded Polystyrene (EPS) market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2023.
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Reasons to Purchase this Report
• To understand the impact of end-user applications on the market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• Countries expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3 month analyst support, along with the Market Estimate sheet (in Excel)
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MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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