openPR Logo
Press release

Solid and Moldable: Ceresana Expects Further Growth for Polystyrene and EPS

07-02-2019 12:58 PM CET | Industry, Real Estate & Construction

Press release from: CERESANA

One of the oldest plastic types is still of great economic importance: about 90 years ago, polystyrene was first produced in Germany. To this day, most yogurt cups are made of polystyrene. Since 1950, polystyrene has also been foamed and marketed as, for example, “Styropor”. Ceresana examined the global market for polystyrene (PS) and expanded polystyrene (EPS). The analysts expect global sales generated with these plastics, i.e. PS and EPS combined, will rise to more than USD 37.3 billion until 2026.

Polystyrene Universe: PS, GPPS, HIPS, XPS

Polystyrene (PS) includes general purpose polystyrene, high impact polystyrene, and extruded polystyrene. Advantageous characteristics of PS, e.g. surface gloss, impact resistance, resistance to stress cracking, and flow properties allow for a broader range of applications compared to EPS. Global PS demand reached a volume of approx. 11.2 million tonnes in 2018. PS is mainly used in the packaging industry. Additionally, it is often used in casings of monitors, televisions, printers, and other electrical devices as well as consumer and construction goods. In the packaging sector, PS is used for food packaging in particular as its high rigidity guarantees dimensional stability. Additionally, PS packaging tends to weigh very little and thus is cost-effective, which is an important advantage in the highly competitive packaging market. Applications are, for example, cups for dairy products such as yogurts, cream, milk, milk mix beverages, cream cheese, curd cheese or desserts. A high tensile strength is important for multipacks in particular. Therefore, high impact polystyrene (HIPS) is often mixed with general purpose polystyrene (GPPS). Extruded polystyrene (XPS) was originally developed for floats and buoyancy aids. Today, this foam material is mainly used to make insulating panels for buildings.

Expandable Polystyrene (EPS)

The light, solid, and individually moldable EPS foam is mainly used by the construction industry for thermal and sound insulation. Worldwide, EPS-based products are used in the construction of new residential buildings and in the refurbishment of old buildings. For example, glass and stone wool, PUR foams but also insulation material based on renewable resources compete with EPS. Until 2026, Ceresana expects an increase of global EPS demand by 2.6% per year. This sector profits from efforts concerning climate protection and public support measures to increase energy efficiency especially in Europe. While the construction industry accounts for a share of 60% of EPS demand in Europe, it reaches less than 48% in Asia, which is the largest EPS market. EPS is also used for helmets and life jackets, beverage cups, packaging, casting molds, and numerous other products. Countries in the regions Asia-Pacific and North America dominate the market for EPS packaging with a total demand of 2.8 million tonnes in 2018. In these countries, EPS containers are used, e.g., for transportation of fresh fish or electronic devices.

The Study in Brief:

Chapter 1 provides a description and analysis of the global PS and EPS market – including forecasts up to 2026: demand and revenues are explained for each region of the world. Furthermore, global and regional demand per product and application area is analyzed. The application areas packaging, construction industry, industrial products, and other applications are examined.
Chapter 2 examines 21 countries in more detail. Data on country-specific demand, production, capacities, revenues, export, and import as well as demand per application area is given for PS and EPS, respectively.
Chapter 3 provides useful profiles of the largest manufacturers of PS and EPS – clearly arranged according to contact details, turnover, profit, product range, production sites, capacities, and profile summary. Extensive profiles are given for 57 manufacturers.
Further information: www.ceresana.com/en/market-studies/plastics/polystyrene-expandable-polystyrene/

Ceresana
Mainaustrasse 34
78464 Konstanz
Germany
Press contact: Martin Ebner, m.ebner@ceresana.com

As one of the world’s leading market research companies, Ceresana is specialized in the plastics, chemicals, packaging, and industrial goods sectors. For 17 years, companies have benefited from high-quality industry analyses and forecasts. More than 170 market reports provide 10,000 customers with the knowledge base for their sustainable success.
Learn more about Ceresana at www.ceresana.com/en

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Solid and Moldable: Ceresana Expects Further Growth for Polystyrene and EPS here

News-ID: 1793927 • Views:

More Releases from CERESANA

Enveloping Walls: Ceresana Analyzes the European Market for Insulation Materials
Extremely thin and highly insulating, fireproof and light as a feather - are aerogels the insulating materials of the future? They are already available not only for space suits, electric vehicles and batteries, but also for house walls. The nanoporous high-tech materials are usually made from silicon dioxide, but they can also be obtained from biopolymers such as cellulose or lignin. However, the best insulating materials to date are often
Colorful world market: current Ceresana study on pigments
Around the world, green is considered the color of new beginnings, of growth, of life. However, finding truly "green" pigments is a challenge: cadmium, cobalt, copper and other heavy metals can be dangerous, while natural earth colors are less durable and more difficult to process. Nevertheless, the outlook for manufacturers and distributors of these small, coloring particles is predominantly positive: global demand for pigments will increase to around 14.5 million
Biobased insulation materials: Ceresana gives an optimistic outlook for the Euro …
Granulated cork, mats made from hemp, fleeces made from sheep's wool or even blown-in cellulose flakes: Biobased insulation materials are increasingly competing with mineral wool and plastic foam. Ceresana has been analyzing the market for insulation materials used for thermal insulation in the construction industry for 10 years. Now, for the first time, the market research institute is publishing a study specifically on the European market for insulation materials made
Sustainable adhesion: Ceresana report on biobased adhesives
Adhesives make many environmentally friendly products possible: lightweight car bodies and batteries for electromobility, insulation glazing for facades and insulating panels as well as corrugated cardboard packaging or simple paper bags. Increasingly, however, not only the end products but also the adhesives themselves are to be "organic" - in fact, more than 13 million tonnes are already produced around the world each year, and this figure is rising. So far,

All 4 Releases


More Releases for EPS

Single-Pinion EPS & Dual-Pinion EPS Market Trends and Forecast Report 2022 | By …
The QY Research released a latest market research report on the global and United States Single-Pinion EPS & Dual-Pinion EPS market, which is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Single-Pinion EPS & Dual-Pinion EPS market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast
Electronic Power Steering (EPS) Market Forecast to 2027 - COVID-19 Impact and Gl …
In terms of revenue, the global electronic power steering market was valued at US$ 52.6 billion in 2019 and is projected to reach US$ 54.9 billion by 2027; it is expected to grow at a CAGR of 3.6% during the forecast period from 2020 to 2027. Download PDF Sample Copy @ www.theinsightpartners.com/sample/TIPTE100000331/?utm_source=openpr&utm_medium=10387 Major Players in the market are: Hyundai Mobis, JTEKT Corporation, Mitsubishi Electric Corporation, Nexteer Automotive, NSK Ltd., Robert Bosch GmbH,
Light Commercial Vehicle EPS Market Forecast to 2028 - Covid-19 Impact and Globa …
Electric Power Steering (EPS) is the latest technology in the field of Automobile industry. Compared to the traditional steering system, EPS enhance the driving experience for car drivers and also increases the fuel efficiency. Many car manufacturing companies are offering EPS technology in their cars. Download PDF Sample Copy @ www.theinsightpartners.com/sample/TIPTE100000676/?utm_source=OpenPR&utm_medium=10387 Major Players in the market are: JTEKT Corporation., Robert Bosch GmbH, NSK Ltd., ZF Friedrichshafen AG, Nexteer Automotive, Hyundai Mobis Co.,
Global Power Assisted Steering PAS Market By Type (C-EPS, P-EPS, R-EPS) By Appli …
The Global Power Assisted Steering PAS Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Power Assisted Steering PAS Market report aims to provide an overview of Power Assisted Steering PAS Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending
Automotive Electric Power Steering Systems Market Report 2018: Segmentation by P …
Global Automotive Electric Power Steering Systems market research report provides company profile for Nexteer, ZF, Mobis, Showa, Thyssenkrupp, Mando, JTEKT, Bosch, NSK and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also
Global EPS Geofoams Market 2018 - Atlas EPS, Expol, FMI-EPS, VersaTech
The statistical surveying information incorporated into the EPS Geofoams report is the aftereffect of significant essential and optional research exercises. The report fragments the worldwide market for EPS Geofoams based on makers, item compose, applications, and Region. In this report, each fragment is contemplated completely and measurements are introduced in detail. The report offers an exact outline of the worldwide EPS Geofoams advertise covering key factors, for example, drivers and