openPR Logo
Press release

Water Treatment Equipment Market Insights Growth Opportunities 2026 - Top Companies: Alpek, S.A.B. de C.V., Arkema S.A., BASF SE, Evonik Industries AG, Kaneka Corporation, LG Corporation (LG Corp), NOVA Chemical Corporation

02-25-2021 04:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Water Treatment Equipment Market Insights Growth

The key players operating in the expandable polystyrene industry are Alpek, Arkema SA, Basf SE, Nova Chemical Corporation, Styrochem, LG Corporation, Kaneka Corporation, Total SA, and Evonik Group of Industries.

According to a new report published by Allied Market Research, titled, "Expanded Polystyrene Market by Type and End-user Industry: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global expanded polystyrene market was valued at $15.3 billion in 2018 and is projected to reach $22.8 billion by 2026, growing at a CAGR of 5.1% from 2019 to 2026.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/5714

Expanded polystyrene (EPS) is a rigid and light weight insulation material. It has various properties such as shock absorption, resistance to humidity, resistance to compression, retention to vitamin C, hygienic, and resistance to chemicals. It finds application in automotive, furnishing, packaging, and construction industries.
The expanded polystyrene market is impacted by its applications in various industries. The properties such as thermal insulation, versatility, mechanical resistance, and slow ageing are desirable in construction markets. Therefore, increase in use of EPS in the construction industry drives the growth of the expandable polystyrene market. Furthermore, it is the lightest packaging available due to its low weight and is ideal for packaging fruit and vegetables. Therefore, these applications in the packaging industry further fuels the market growth. However, volatility of crude oil prices and availability of high-performance substitutes are expected to restrain the market growth. Meanwhile, the properties of EPS such as recyclability and biodegradability offers lucrative growth opportunity for the industry.

The global expandable polystyrene market is divided on the basis of type, end-use industry, and region. Based on product type, the market is divided into white, grey, and black. The white segment was the highest contributor to the market in 2018 and is expected to grow with a CAGR of 4.8% during the forecast period. The white segment was also the highest contributor in terms of volume and is expected to grow at a CAGR of 4.5% during the forecast period.

Make an Enquiry before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/5714

Based on end-use industry, the market is segmented into packaging, building & construction, domestic appliances, consumer electronics, medical, and others. The packaging segment was the highest contributor to the market and is expected to grow at a CAGR of 5.4% during the forecast period. The building & construction is the fastest growing segment and is predicted to grow with a CAGR of 6.3%.

Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor in 2018 and is expected to grow with a CAGR of 5.6% during the forecast period. The demand for EPS insulation is on a continuous rise in Asia-Pacific, owing to the encouragement of private ownership of real estate and rise in home renovation & construction activities. Moreover, the Chinese government has developed policies promoting building energy efficiency. Government initiatives to increase construction expenditure to improve public and commercial infrastructure along with energy conservation initiatives to reduce greenhouse gas emissions augment the market growth.

Access Full Summary @ https://www.alliedmarketresearch.com/expanded-polystyrene-eps-market

Key Findings of the Study:
• In 2018, the Asia-Pacific market held a share of over 48.0% in the global expanded polystyrene market.
• North America is expected to grow with the highest CAGR of 3.8% during the forecast period.
• The building & construction segment is projected to grow at a CAGR of 6.3% by 2026.
• Mexico was the highest revenue contributor in North America expanded polystyrene market size and is expected to grow with the CAGR of 4.1%.
• Packaging materials made from EPS are corners, edge protectors, flat pads, custom cut pads, specialty items, end caps, door cores, wall panels, roof panels, concrete void fillers, and specialty panels. Therefore, wide applications of EPS in the packaging industry is expected to drive the market growth.

Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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 Water Treatment Equipment Market Insights Growth Opportunities 2026 - Top Companies: Alpek, S.A.B. de C.V., Arkema S.A., BASF SE, Evonik Industries AG, Kaneka Corporation, LG Corporation (LG Corp), NOVA Chemical Corporation here

News-ID: 2248895 • Views:

More Releases from Allied Market Research

Thermoplastic Composites Market Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027
Thermoplastic Composites Market Business Opportunities, Challenges, Drivers and …
The global thermoplastic Composites market is presently driven by the automotive, construction and aerospace industries. In the aerospace & defense industry, the use of thermoplastic composites is primarily intended to minimize the total weight and corrosion in the aircraft structure. In addition, maintenance costs for aircraft produced using composites have significantly decreased compared with maintenance costs for aircraft produced using conventional materials. Thermoplastic composites having various properties including insubstantial weight,
Glass Fiber Reinforced Plastics (GFRP) Composites Market to Reach $37.2 Billion …
Allied Market Research published a report, titled, "Glass Fiber Reinforced Plastic (GFRP) Composites Market by Resin Type (Polyester Resin, Vinyl Ester Resin, Epoxy Resin, Polyurethane Resin, and Others), Process (Manual Process, Continuous Process, Compression Molding, and Injection Molding), and End-Use Industry (Aerospace and Defense, Construction, Wind Energy, Automotive, Electrical and Electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global glass fiber reinforced plastic
India Bitumen Market Statistics, Size Will Hit $6.8 Billion By 2032 | Growth With Recent Trends & Demand
India Bitumen Market Statistics, Size Will Hit $6.8 Billion By 2032 | Growth Wit …
Bitumen is a mixture of viscous, highly sticky, and black organic liquids, which is soluble in carbon disulfide and primarily consists of condensed polycyclic aromatic hydrocarbons. It is a crucial component of asphalt, which is used to build roads, streets, and other parts of infrastructure. One of the primary applications of bitumen is in road construction. It is used as a binder in asphalt concrete, which is a mixture of
Mining Metal Market Size to Worth $1.6 Trillion by 2032 | Major Companies, Strategies and New Trends
Mining Metal Market Size to Worth $1.6 Trillion by 2032 | Major Companies, Strat …
Allied Market Research recently unveiled a report titled "Mining Metal Market," forecasting trends from 2023 to 2032. This market, categorized by type and end-use industry, is set to expand from $1.0 trillion in 2022 to $1.6 trillion by 2032, with a notable CAGR of 5.1% during 2023-2032. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/504 Prime Determinants of Growth: Several factors fuel the growth of the global mining metal market, including the shift

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and