Top Expanded Polystyrene Market Companies in World

According to Reports & Data, the global expanded polystyrene market size is expected to reach US$ 29.06 Billion in 2032.

The global expanded polystyrene market is estimated to be valued at US$ 17.67 Billion in 2022 and is projected to increase at a CAGR of 5.1% in the forecast period from 2022 to 2032.

A growing use of EPS in the construction industry is expected to drive market revenue growth, as EPS offers a variety of benefits to the construction industry, making it an innovative building material that contributes to a wide range of construction projects by contributing to their design and structural integrity. Over the past decade, EPS has gained a number of new applications as an insulating material, despite being recognized for decades as a common material.

With its many environmental benefits including improved energy efficiency, better indoor air quality, non-corrosive properties, and increased durability, EPS is a powerful architectural design element and an excellent choice for green building design. In addition to serving as insulation in the construction sector, EPS blocks are also used as packaging material, where basic shapes can be hot wire cut to protect edges and corners.

To understand how our Expanded Polystyrene (EPS) Market can bring difference to your business strategy:-Download Summary

What are the World's Top 10 Companies in the Global Expanded Polystyrene Market?

BASF SE
Arkema S.A.
Alpek, S.A.B. De C.V.
Synthos
Versalis S.P.A.
The Dow Chemical Company
Total S.A.
Nova Chemicals Corporation
Saudi Basic Industries Corporation (SABIC)
Kaneka Corporation
What is the Competition Landscape in the Global Expanded Polystyrene Market?

Some of the leading companies operating in the global expanded polystyrene market include BASF SE, Arkema S.A., Alpek, S.A.B. De C.V., Trinseo SA Sunpor Kunststoff GmbH, Versalis S.P.A., Flint Hills Resources, LLC, Total S.A., PJSC Sibur Holding, Nova Chemicals Corporation, Saudi Basic Industries Corporation (SABIC), Kaneka Corporation, Atlas Roofing Corporation, Bewisynbra Group, Ravago Group, Styrochem

Alpek
As part of the plastics and chemicals business segment, Alpek provides EPS. In FY2016, the company's EPS business achieved significant results, contributing to the plastics and chemicals segment's high growth. An improved EPS segment has resulted from several strategies, including the integration of businesses acquired in South and North America in 2015, and a favorable margin environment in the Asian market.

The Dow Chemical Company
EPS foam from Dow is primarily used by the building and construction industries, as well as related markets, under the brand name STYROFOAM. For automotive and packaging end users, Dow Building Solutions manufactures STYROFOAM extruded polystyrene (XPS) foam that contains polymeric flame retardants (PolyFR).

BASF SE
In 1865, BASF Corporation was established and is now headquartered in Ludwigshafen, Germany, where it specializes in chemicals and agriculture. In addition to chemicals, the company offers functional materials and solutions, agricultural solutions, and oil & gas products. It provides crop science services including crop protection and pest control that are not agricultural.

Kaneka Corporation
As a result of increasing demand from the fisheries and agriculture sectors, Kaneka Corporation witnessed high growth in EPS resins and products. The EPS segment also experienced an increase in demand from the construction industry. However, due to the slowdown in the Japanese housing market, the application of EPS remained the same in Japan.

Synthos
The company aims to offer high-quality polystyrene for use in various foaming applications in the construction, automotive, and packaging industries. Synthos SA manufactures polystyrene, which is used for a wide range of foaming applications. As a result, EPS products will remain the top insulation material for years to come.

Total S.A.
As part of Total SA's petrochemical business, the company produces aromatics, olefins, and hydrocarbon resins, as well as polymer derivatives (polystyrene, polypropylene, polyethylene).

Versalis S.P.A.
The Italian oil supermajor Eni owns Versalis, a wholly-owned chemical manufacturing company. In 2018, it produced about 9.5 million tons of chemicals, making it the largest chemical company in Italy and among the largest in Europe. With more than 5,000 employees and more than 5,000 employees, it is the largest in the world in terms of chemical production in Europe.

Nova Chemicals Corporation
Plastics and chemicals company NOVA Chemicals Corporation is headquartered in Calgary, Alberta. A variety of applications are served by NOVA Chemicals' products, including packaging for food and electronics, industrial materials, appliances and consumer products. In addition to operating two business units, the company holds a 50% stake in a major joint venture with INEOS called INEOS NOVA, which is a major joint venture.

Saudi Basic Industries Corporation (SABIC)
Founded in 1986, Saudi Basic Industries Corporation manufactures chemicals. Saudi Aramco owns 70% of SABIC's shares. The company specializes in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. Brand Finance recognized it in 2021 as the world's second most valuable brand in the chemicals industry. It is the second largest public company in the Middle East and Saudi Arabia.

Arkema S.A.
Based in Colombes, near Paris, France, Arkema SA produces specialty chemicals and advanced materials. The company has over 20200 employees working in more than 55 countries, 13 research centers, 144 manufacturing plants throughout Europe, North America and Asia, and the rest of the world, with an estimated annual revenue of €9.5 billion in 2021. There are three business segments at Arkema: Coating Solutions, Industrial Chemicals, and Performance Products.

Contact Us:
Nikhil Morankar
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs | Insights

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors

This release was published on openPR.