Global Expanded Polystyrene (EPS) MarketPosted by Nishigandha Sachin Bhushinge on March 4th, 2020 Global Expanded Polystyrene (EPS) Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of 5.5 % during a forecast period.
Global Expanded Polystyrene (EPS) Market, By MaterialExpandable polystyrene (EPS) is a thermoplastic resin, which contains an expanding agent. It is used in numerous applications ranging from food packaging to electrical coatings and medical supplies. The growing prominence of insulation property in the building & construction sector across the globe is expected to increase the usage of high-quality polymers. Additionally, an increase in spending for improving the endurance of residential buildings and commercial complexes in extreme peripheral environmental conditions are some of the prominent factors behind the global expanded polystyrene(EPS) market. The demand for cold chain packaging in the pharmaceutical sector is increasing with the need for improving product safety and also preserving the freshness of the packaged products in the food and beverage industry during transportation. This in turn is expected to boost the global expanded polystyrene (EPS) market growth. The growing use of grey EPS is estimated to hold a dominant position in the global expanded polystyrene (EPS) market. These types of EPS is progressively penetrating the global market. The demand for polystyrene (EPS) is increasing owing to less thermal conductivity and better insulation of grey EPS over white EPS, which is making it a preferable choice in the building & construction industry. Grey EPS has a surplus elasticity, which increases sound insulation and also delivers better thermal efficiency over normal white EPS insulation. The construction industry is expected to lead the global expanded polystyrene (EPS) market. EPS layer is an innovative material, which offers design and structural integrity to many construction projects and possesses ideal physical and mechanical properties for most insulating needs. Polystyrene (EPS) is widely used in the construction industry owing to the bolted air low thermal conductivity, lightweight, mechanical resistance, low water absorption and sound resistance. These factors are expected to increase the demand for Polystyrene (EPS) in the construction industry. The Asia Pacific region is expected to grow at a XX % rate of CAGR during the forecast period. The growth in the market is attributed to the rapid expansion of the construction industry in the region, coupled with the widespread application of EPS in packaging. There is a positive outlook for packaging and automotive sectors in the developing countries like China and India, owing to supervisory support along with government policies, which promote investments on a domestic level. This is the primary reason behind the regional growth in the global expanded polystyrene (EPS) Market. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global expanded polystyrene (EPS) market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global expanded polystyrene (EPS) market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment. For more information to visit :https://www.maximizemarketresearch.com/market-report/global-expanded-polystyrene-market/33690/
Global Expanded Polystyrene (EPS) Market, By Product Type • White Expanded Polystyrene • Raw beads • Black Molding • Insulation • Electrical & Electronics • North America • Sunpor Kunststoff GmbH This Report Is Submitted By : Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: sales@maximizemarketresearch.com Address : Pune, Maharashtra 411051, India. Contact: +919607195908 Like it? Share it! More by this author |
