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Expandable Polystyrene Trends and Forecast
The future of the global expandable polystyrene market looks promising with opportunities in the construction, packaging, and automotive applications. The global expandable polystyrene market is expected to reach an estimated $16.2 billion by 2030 with a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are upsurge demand for this substrate in the building and construction industry and growing need for lightweight materials in the automotive sector.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Expandable Polystyrene by Segment
The study includes a forecast for the global expandable polystyrene by product type, application, and region.
Expandable Polystyrene Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• White
• Grey
• Others
Expandable Polystyrene Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Construction
• Packaging
• Automotive
• Others
Expandable Polystyrene Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Expandable Polystyrene Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies expandable polystyrene companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the expandable polystyrene companies profiled in this report include-
• Atlas Roofing
• Alpek
• BASF
• Kaneka
• SIBUR Holding
• BEWI
• SUNPOR
• Synthos
• TotalEnergies
• Flint Hills Resources
Expandable Polystyrene Market Insights
Lucintel forecasts that white will remain the larger segment over the forecast period due to its extensive use in packaging applications, including consumer goods packaging, electronics product packaging, and food packaging of food trays.
Within this market, construction will remain the largest segment due to significant application of expandable polystyrene in this sector given to its great thermal insulation, low weight, chemical inertness, and resistance to bacteria and pests.
APAC will remain the largest region over the forecast period due to increasing demand for expandable polystyrene in various sectors, such as construction, packaging, and automotive in the region.
Features of the Global Expandable Polystyrene Market
Market Size Estimates: Expandable polystyrene market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Expandable polystyrene market size by product type, application, and region in terms of value ($B).
Regional Analysis: Expandable polystyrene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the expandable polystyrene market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the expandable polystyrene market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the expandable polystyrene market size?
Answer: The global expandable polystyrene market is expected to reach an estimated $16.2 billion by 2030.
Q2. What is the growth forecast for expandable polystyrene market?
Answer: The global expandable polystyrene market is expected to grow with a CAGR of 8.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the expandable polystyrene market?
Answer: The major drivers for this market are upsurge demand for this substrate in the building and construction industry and growing need for lightweight materials in the automotive sector.
Q4. What are the major segments for expandable polystyrene market?
Answer: The future of the expandable polystyrene market looks promising with opportunities in the construction, packaging, and automotive applications.
Q5. Who are the key expandable polystyrene market companies?
Answer: Some of the key expandable polystyrene companies are as follows:
• Atlas Roofing
• Alpek
• BASF
• Kaneka
• SIBUR Holding
• BEWI
• SUNPOR
• Synthos
• TotalEnergies
• Flint Hills Resources
Q6. Which expandable polystyrene market segment will be the largest in future?
Answer: Lucintel forecasts that white will remain the larger segment over the forecast period due to its extensive use in packaging applications, including consumer goods packaging, electronics product packaging, and food packaging of food trays.
Q7. In expandable polystyrene market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increasing demand for expandable polystyrene in various sectors, such as construction, packaging, and automotive in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the expandable polystyrene market by product type (white, grey, and others), application (construction, packaging, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Expandable Polystyrene Market, Expandable Polystyrene Market Size, Expandable Polystyrene Market Growth, Expandable Polystyrene Market Analysis, Expandable Polystyrene Market Report, Expandable Polystyrene Market Share, Expandable Polystyrene Market Trends, Expandable Polystyrene Market Forecast, Expandable Polystyrene Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Expandable Polystyrene Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Expandable Polystyrene Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Expandable Polystyrene Market by Product Type
3.3.1: White
3.3.2: Grey
3.3.3: Others
3.4: Global Expandable Polystyrene Market by Application
3.4.1: Construction
3.4.2: Packaging
3.4.3: Automotive
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Expandable Polystyrene Market by Region
4.2: North American Expandable Polystyrene Market
4.2.2: North American Expandable Polystyrene Market by Application: Construction, Packaging, Automotive, and Others
4.3: European Expandable Polystyrene Market
4.3.1: European Expandable Polystyrene Market by Product Type: White, Grey, and Others
4.3.2: European Expandable Polystyrene Market by Application: Construction, Packaging, Automotive, and Others
4.4: APAC Expandable Polystyrene Market
4.4.1: APAC Expandable Polystyrene Market by Product Type: White, Grey, and Others
4.4.2: APAC Expandable Polystyrene Market by Application: Construction, Packaging, Automotive, and Others
4.5: ROW Expandable Polystyrene Market
4.5.1: ROW Expandable Polystyrene Market by Product Type: White, Grey, and Others
4.5.2: ROW Expandable Polystyrene Market by Application: Construction, Packaging, Automotive, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Expandable Polystyrene Market by Product Type
6.1.2: Growth Opportunities for the Global Expandable Polystyrene Market by Application
6.1.3: Growth Opportunities for the Global Expandable Polystyrene Market by Region
6.2: Emerging Trends in the Global Expandable Polystyrene Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Expandable Polystyrene Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Expandable Polystyrene Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Atlas Roofing
7.2: Alpek
7.3: BASF
7.4: Kaneka
7.5: SIBUR Holding
7.6: BEWI
7.7: SUNPOR
7.8: Synthos
7.9: TotalEnergies
7.10: Flint Hills Resources
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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