Press release
Global Polystyrene Foam Market Booming At CAGR Of 9.86% Between 2017-2021
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Polystyrene is synthesized by the polymerization of several units of styrene monomers. Its lightweight and moisture resistant features provide insulation and buoyancy. The particle foam in the form of expandable polystyrene (EPS) and extruded polystyrene (XPS) rigid foam are the two commonly used polystyrene foams. These are used in several applications such as building, construction, and packaging.
Technavios analysts forecast the global polystyrene foam market to grow at a CAGR of 9.86% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global polystyrene foam market for 2017-2021. To calculate the market size, the report considers sales of EPS and XPS in key applications such as building and construction and packaging.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Polystyrene Foam Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Alpek
The Dow Chemical Company
Kaneka Corporation
Synthos
Total
Other prominent vendors
ACH Foam Technologies
BASF
NOVA Chemicals
SIBUR
StyroChem
SUNPOR KUNSTSTOFF
Synbra Holdings
Market driver
Recyclable and environment friendly nature of EPS
For a full, detailed list, view our report
Market challenge
Fluctuating crude oil prices
For a full, detailed list, view our report
Market trend
Growing number of manufacturers in APAC
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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