Extruded Polystyrene (XPS) Insulation Material Market Unlocking Potential Mapping New Success Strategies with Market Size Insights

As per the report published by Allied Market Research, the global extruded polystyrene (XPS) insulation material market accounted for $5.2 billion 2019, and is projected to hit $7.9 billion by 2027, growing at a CAGR of 5.6% from 2020 to 2027. The report offers a detailed analysis of the value chain, market dynamics, top winning strategies, key segments, business performance, and competitive landscape.

Extruded polyesters (XPS) are closed cell, rigid insulation systems that are manufactured using an extrusion process. Plastic resin and other ingredients are liquefied and then extruded through a die, forming a closed-cell structure. XPS utilize air as an insulating medium and are preferred over expanded polyester (EPS) due to high moisture resistance, low thermal conductivity, and high compressive strength.

Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/2081

Extruded polyesters (XPS) are closed cell, rigid insulation systems that are manufactured using an extrusion process. Plastic resin and other ingredients are liquefied and then extruded through a die, forming a closed-cell structure. XPS utilize air as an insulating medium and are preferred over expanded polyester (EPS) due to high moisture resistance, low thermal conductivity, and high compressive strength.

The global XPS insulation material market is segmented on the basis of application and geography. Based on application, the market is divided into residential construction and non-residential construction. The non-residential construction segment held the largest share in 2019, accounting for more than two-thirds of the market. However, the residential construction segment is projected to reach the highest CAGR of 7.0% during the forecast period.

Get detailed Analysis On The Extruded Polystyrene (XPS) Insulation Material Market @: https://www.alliedmarketresearch.com/request-for-customization/2081

The global XPS insulation material market report includes an in-depth analysis of the major market players such as Kingspan Group, BASF SE, Emirates Extruded Polystyrene LLC, Owens Corning, Abrisonv, Ravago, Jackon Insulation GmbH, URSA Insulation SA, SopremaInc., and Austrotherm. They have adopted various strategies such as partnerships, collaboration, mergers & acquisitions, and project launch.

Asia-Pacific dominated the global extruded polystyrene insulation materials market in 2016, attributed to the increase in demand for energy-efficient buildings and adoption of green building systems. High precipitation, extreme temperature variations among the four seasons, and high temperature have increased the need for insulated homes, thereby boosting the market for XPS. Moreover, presence of major market players and their active participation in development activities, like frequent product launches, are further expected to drive the Asia-Pacific market.

Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/extruded-polystyrene-insulation-materials-market/purchase-options

Key players operating in the global extruded polystyrene insulation materials market include BASF SE, The Dow Chemical Company, Honeywell International Inc., Kingspan plc, Bayer Material Science, ITW Insulation Systems, Saint-Gobain S.A., Evonik Industries AG, Knauf Insulation, and E. I. du Pont de Nemours and Company.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
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

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.