Press release
Polystyrene Foam Market to Reach USD 36.92 Bn by 2029, emerging at a CAGR of 4.25 percent and forecast 2023-2029
Polystyrene Foam Market
Our comprehensive report provides a detailed examination of the Polystyrene Foam Market, encompassing its drivers, restraints, and regional insights.
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Polystyrene Foam Market Research Methodology:
The research methodology integrates primary and secondary data sources to ensure a robust analysis of the Polystyrene Foam Market. By employing data triangulation techniques, we maintain the accuracy of market estimates and projections.
What are Polystyrene Foam Market Dynamics:
Demand for expanded polystyrene is predicted to rise as the number of construction projects in developed countries like the United States increases. Among these projects is the USD 10,000 million expansion and refurbishment of Jamaica, New York's JFK Airport. Furthermore, Germany has the most building stock on the continent and is Europe's largest construction market. In recent years, annual investment in the country has been stable, as the German government pushes energy-efficient maintenance and development. The Asia-Pacific region is a significant user and producer of expanded polystyrene, with China accounting for the majority of worldwide capacity. Rising consumption is being driven by China's large population and increased construction activity, particularly in residential and infrastructure projects.
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Polystyrene Foam Market Regional Insights:
Asia-Pacific's Dominance: The Asia-Pacific region is anticipated to dominate the Polystyrene Foam Market, maintaining its revenue share due to surging demand in packaging, construction, automotive, and electronics appliance industries. The material's shock-absorbing properties make it valuable in the packaging of delicate items, medical equipment, and various automotive applications.
North America's Role: North America currently holds the largest revenue share in the Polystyrene Foam Market, thanks to its advanced healthcare infrastructure and strict serialization and aggregation norms. The adoption of technologies such as barcoding and RFID is further boosting market growth.
What is Polystyrene Foam Market Segmentation:
by Foam Type
Expanded Polystyrene (EPS)
Extruded Polystyrene (XPS)
Others
by End-User
Building & Construction
Packaging
Construction & Industrial Insulation
Others
by Process Type
Extruded
Injection Molded
Vacuum Formed
Others
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Who are Polystyrene Foam Market Key Players:
1. DowDuPont Inc. (US)
2. Drew Foam (US)
3. Flint Hills Resources (US)
4. AFP-sealed air (US)
5. Alpek (Mexico)
6. Carpenter Co. (US)
7. Dart Container Corporation (US)
8. Nova Chemicals Corp (Canada)
9. Jiangsu Leasty Chemicals Co., Ltd. (China)
10.Wuxi Xingda New Foam Plastics Materials Co., Ltd. (China)
11.Taita Chemical Co., Ltd. (Taiwan)
12.Kaneka Corporation (Japan)
13.JSP Corporation (Japan)
14.BASF SE (Germany)
15.Xella International (Germany)
16.Synthos S.A (Poland)
17.Sunpor Kunststoff GmbH (Austria)
18.SUNPOR Kunststoff GmbH (Austria)
19.Versalis S.p.A (Italy)
20.ChovA (Spain)
21.Knauf Insulation (Belgium)
22.SABIC (Saudi Arabia)
23.Arkema S.A. (France)
24.Kingspan Group (Ireland)
25.O. N. Sunde AS (Norway)
Table of content for the Polystyrene Foam Market includes:
Polystyrene Foam Market: Research Methodology
Polystyrene Foam Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Polystyrene Foam Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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