Press release
United States Expanded Polystyrene (EPS) Industry Sector to Hit $24.95B by 2032 | Trends, Growth & Insights 2025-2032
Expanded Polystyrene (EPS) Market size reached US$ 12.23 billion in 2024 and is expected to reach US$ 24.95 billion by 2032, growing with a CAGR of 9.32% during the forecast period 2025-2032.DataM Intelligence unveils its latest report on the "Expanded Polystyrene Market Size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.
India is emerging as a major economic driver, with its electronics manufacturing sector projected to reach USD 520 billion by 2025.
Globally, EPS demand is driven by shifting consumer behaviors and urbanization, boosting needs in packaged food, healthcare infrastructure, and sustainable construction. With the global packaging industry valued at USD 42.2 billion in 2021, EPS has emerged as a key material across multiple sectors.
The food industry's reliance on EPS, especially for seafood and perishables, is growing due to its superior moisture resistance and insulation. The seafood market is projected to reach USD 336 billion by 2025.
EPS is a cost-effective, high-performance packaging material widely used across industries. In food, it preserves seafood freshness, supporting a market projected to reach USD 336 billion by 2025. In pharmaceuticals, it safeguards temperature-sensitive drugs, ensuring regulatory compliance. Germany's electronics sector, worth EUR 199.5 billion, relies on EPS for shock protection, while consumer goods benefit from its lightweight, durable, and stackable design. Growing e-commerce and retail demand further boost EPS use, making it a preferred global packaging material.
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Digital Economy and Processed Food Drive EPS Demand
A combination of industry trends is fueling the global EPS market, especially in food, construction, and electronics. Growth in the digital economy, particularly in India where the electronics manufacturing sector is expected to reach USD 520 billion by 2025 is boosting demand for shock-resistant EPS packaging.
The global food industry, with revenue projected at USD 276.10 billion in 2022, highlights the increasing reliance on EPS for safe and secure food transportation. In the U.S., urbanization and e-commerce, accelerated by COVID-19, have further driven demand for packaged and processed foods. EPS is valued across sectors for its protective properties and compliance with food- and pharmaceutical-grade standards. Additionally, EPS panels are gaining popularity in prefabricated construction due to their efficiency and ecological benefits, establishing EPS as a key material for thermal insulation, impact resistance, and transport durability.
Regulatory Challenges Impact EPS in Food Packaging
The EPS market faces growing regulatory scrutiny, particularly regarding environmental sustainability. By 2023, many regions implemented strict rules on single-use plastics and expanded polystyrene in food packaging. The European Union's Single-Use Plastic Directive, for example, requires producers to develop recyclable and biodegradable alternatives to EPS.
While these regulations promote environmental responsibility, they create compliance and cost challenges for existing product lines. Consumer preference for sustainable materials adds further pressure on traditional EPS usage in retail and food services. Companies relying on non-recyclable EPS must rethink manufacturing and supply chain strategies. Although advancements in bio-based and recyclable EPS are underway, the transition poses operational and financial hurdles. This regulatory environment remains a key constraint in an otherwise growing EPS market, pushing players toward sustainable innovation.
List of Top Key Player:
Atlas Roofing Corp., Alpek S.A.B. de C.V., BASF SE, Kaneka Corp., SIBUR Holding PJSC, BEWI, SUNPOR, Synthos, TotalEnergies, Flint Hills Resources, NOVA Chemicals Corporate.
Industry Developments:
In 2024, BASF launched Neopor Mcycled, a major advancement in the global EPS market containing 10% recycled EPS waste, reflecting the industry's growing focus on sustainability and the use of recycled materials in production.
These efforts align with broader packaging trends, as the global packaging industry was valued at USD 42.2 billion in 2021, increasingly emphasizing sustainable materials.
Forecast Projection:
The Global Expanded Polystyrene Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.
Market Intelligence Research Process:
The Expanded Polystyrene Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.
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Key Segmentation:
By Product: White | Grey | Others
By Application: Packaging | Foaming | Insulation | Chemical Intermediate | Others
By End-user: Electronics | Automotive | Construction | Food & Beverages | Others
Global Growth Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Expanded Polystyrene Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.
Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.
Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.
Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.
Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.
Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.
Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.
Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.
Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.
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FAQ's
Q1: How fast is the Expanded Polystyrene Market expected to grow in the coming years?
A: The market is forecast to expand at a robust CAGR of 9.32% between 2025 and 2032, signaling strong global growth and investment potential.
Q2: Which regions are dominating the Expanded Polystyrene Market and which are fastest-growing?
A: APAC dominating the Expanded Polystyrene market.
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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