The expanded polystyrene market is projected to reach USD 18.97 Billion by 2022, at a CAGR of 5.1% from 2017 to 2022. In this study, 2016 has been considered as the base year for estimating the market size.

This report aims to estimate the market size and future growth potential of the expanded polystyrene market across different segments, such as product type, application, and region. It analyzes the opportunities in the market for stakeholders and presents the competitive landscape for the market leaders. Factors, such as drivers, restraints, opportunities, and industry-specific challenges, influencing market growth have also been studied in this report.

Building & construction: the leading end-use industry segment of the expanded polystyrene market

Expanded polystyrene resins are commonly used materials in the building & construction industry. Apart from its application in insulation, expanded polystyrene foam is also used inroad foundations, void forming, flotation, drainage, impact sound insulation, modular construction elements, cellular bricks, bridges, railway lines, public buildings, or even small family residences, among others. Excellent mechanical properties, quick construction/assembly ability, and low subsequent maintenance of expanded polystyrene makes it a preferred material in the building & construction industry. Changing consumer preferences and growing need for technologically-advanced products is expected to boost the market for expanded polystyrene.

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Grey expanded polystyrene: the fastest-growing product type segment of the expanded polystyrene market

Grey expanded polystyrene materials with lesser thermal conductivities but better insulation properties than the white expanded polystyrene have been developed, with the purpose of improving the energy efficiency of the buildings. Graphite, which is used in grey expanded polystyrene, reduces the amount of radiant heat that moves through the expanded polystyrene. The use of graphite in expanded polystyrene helps reduce heat transfer through the material by 9-21%, depending on density. The grey expanded polystyrene segment is projected to witness higher growth than that the white expanded polystyrene segment in the next five years.

The expanded polystyrene market in Asia-Pacific is witnessing rapid growth, driven by significant economic growth and infrastructural development in various countries across the region. Increasing activities in the building & construction industry in the region are expected to boost the demand for expanded polystyrene in Asia-Pacific. Key manufacturers of expanded polystyrene include ACH Foam Technologies, LLC (U.S.), Alpek SAB de CV (Mexico), BASF SE (Germany), Kaneka Corporation (Japan), PJSC SIBUR Holding (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), SUNPOR KUNSTSTOFF GmbH (Austria), Synbra Holding bv (Netherlands), Synthos S.A. (Poland), and Total S.A. (France).

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Key Target Audience:

Manufacturers of Expanded Polystyrene
Raw material Suppliers
Product Type Providers
Industry Associations
Traders and Distributors of Expanded Polystyrene
Research Institutes and Government Organizations
Market Research and Consulting Firms
Manufacturers in Applications, such as Building & Construction, Packaging, and Others
Environment Protection Agencies
Based on Product Type:

White Expanded Polystyrene
Grey Expanded Polystyrene
Black Expanded Polystyrene
Based on Application:

Building & Construction
Packaging
Others

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