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Demand for Light-Weight Materials in the Automobile Industry is surging the Global EPS market

09-05-2022 12:36 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Inkwood Research

Expanded Polystyrene (Eps) Market

Expanded Polystyrene (Eps) Market

According to a new market research report launched by Inkwood Research, the Global Expanded Polystyrene (EPS) Market is anticipated to grow at a CAGR of 5.54% (in terms of value) and 4.85% (in terms of volume) between the forecasted period 2019 and 2028

Browse 69 market data Tables and 42 figures spread over 164 Pages, along with in-depth analysis on Global Expanded Polystyrene (EPS) Market by Type, End-User & by Geography

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Expanded Polystyrene (EPS) Market Scenario
Expanded polystyrene (EPS) is a light-weight and rigid insulation material with a closed-cell structure and several insulation advantages. It offers properties, such as resistance to compression, shock absorption, hygienic, resistance to humidity, and resistance to chemicals. It finds applications in automotive, packaging, furnishing, food & beverage, and electronic markets.

Automotive is the largest consumer of plastic materials as it improves vehicle downsizing that boosts the vehicle's mileage, and also enhances fuel efficiency. Thus, the growing demand for light-weight materials in the automobile sector is driving the global expanded polystyrene (EPS) market. In addition, factors, such as, demand from construction and packaging industries, and benefits over other insulators, are further boosting the market growth. On the contrary, the availability of substitute products, and fluctuation in crude oil prices are majorly restraining the overall development of the market, globally.

The Global Expanded Polystyrene (EPS) Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Expanded Polystyrene (EPS) Market by Type, End-User & by Geography: https://inkwoodresearch.com/reports/expanded-polystyrene-market/#request-free-sample

Market Segmentation

Market by End-User
• Medical
• Automotive
• Packaging
• Domestic Appliances
• Building & Construction
• Consumer Electronics
• Other End-Users

Market by Type
• White EPS
• Black EPS
• Grey EPS

Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028

Companies Profiled
• RAVAGO
• JACKON GMBH
• ARKEMA SA
• LG CORPORATION
• TOTAL SA
• SUNPOR KUNSTSTOFF GMBH
• NOVA CHEMICAL CORPORATION
• STYROCHEM
• KANEKA CORPORATION
• BEWISYNBRA GROUP AB
• SABIC
• BASF SE
• EVONIK INDUSTRIES AG
• SIBUR
• ALPEK S.A.B DE CV

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Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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