Expanded Polystyrene (EPS) Market Insights, Industry Outlook, Growing Trends and Demands 2026

The Global Expanded Polystyrene (EPS) Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The global expanded polystyrene (eps) market is estimated to witness a healthy growth, at an estimated CAGR of around 5%, over the forecast period.

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Key Players:

BASF SE, ACH Foam Technologies, Eastchem A.S., Flint Hills Resources, Formosa Plastics Corporation, Zhenjiang Chimei Chemical Co. Ltd, Jiangsu Nijiaxiang Chemical Co. Ltd, Jiangyin Sunping New Material Co. Ltd, LANXESS, Loyal Group, Ming Dih Group Corporation, Nova Chemicals Corporation, Owens Corning, Plasti-Fab, Polimeri Europa, Polioles S.A. de C.V., SABIC, StyroChem, INEOS Styrolution Group GmbH, Sunde Group, SUNPOR, Supreme Petrochem Ltd, Synthos S.A., Taita Chemical, Thai ABS Co. Ltd, Tianjin Jiatai Weiye Chemical Co. Ltd and others.

Key Market Trends

Increasing Demand from the Building and Construction Industry

- Expanded Polystyrene, owing to its properties of lightweight, durability, thermal efficiency, shock absorption, moisture resistance, usability, etc., is used in building and construction sector. It is used in making roofs, walls, floor insulation, closed cavity walls, road construction, etc.
- For construction insulation applications, the EPS foam is used for Rigid Cellular Polystyrene Thermal Insulation. This ASTM C578 standard addresses the physical properties and performance characteristics of EPS foam, as it relates to thermal insulation in construction applications.
- In construction sector, EPS is used in combination with other materials, such as steel (in sandwich panels, used for cold store construction), concrete (as an insulation core in tilt up wall panels), gypsum, and plasterboard (as skins for ceiling panels and other prefabricated components). Sheathing is one of the most basic and widely-used applications for EPS insulation in residential and commercial construction.
- Floorings and ceilings account for the largest market share of EPS application in the construction sector, followed by roofing systems. Moreover, EPS roofing insulation is used in roofing systems and provides cost-effective and consistent thermal performance.
- Increasing energy prices are forcing consumers to work toward increasing thermal efficiency of constructions to reduce their energy consumption, thus driving the market for EPS-based roofing systems.
- Owing to all the aforementioned factors, the market for expanded polystyrene is likely to grow during the forecast period.

Germany to Dominate the Market in Europe Region

- Germany is the largest consumer in the Europe region. Due to the booming housing market and real estate demand, the construction and building industry is expected to grow rapidly, which is expected to increase the consumption of expanded polystyrene during the forecast period.
- The housing market is facing strong demand fueled by rising incomes, low interest rates, as well as high-levels of net migration. Indeed, it is estimated that 3.6 million migrants will have arrived to Germany until 2020. There is housing demand for at least 350,000 new dwellings per year.
- Low interest rates, coupled with rising incomes have contributed to increased property prices, particularly in big cities, making it more difficult for middle-class households to afford housing. To alleviate some of the pressure in the housing market, the government introduced the so-called Housing Construction Campaign, namely a comprehensive package of measures aimed at tackling housing shortages and rising house prices.
- All these factors are expected to increase the market for expanded polystyrene in the region during the forecast period.

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What are the market factors that are explained in the report?

Executive Summary: It includes key trends of the global Expanded Polystyrene (EPS) market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Personal Protective Equipment market based on production and revenue.

Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Expanded Polystyrene (EPS) market.

Market Segments: This part of the report discusses product type and application segments of the global Expanded Polystyrene (EPS) market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approaches Expanded Polystyrene (EPS) used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

Finally, the Expanded Polystyrene (EPS) Market report is the believable source for gaining Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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