Expanded Polystyrene (EPS) Market Worth $20.1 Billion by 2023 - Exclusive Report by MarketsandMarkets™

Expanded Polystyrene (EPS) Market Worth $20.1 Billion by 2023 - Exclusive Report by MarketsandMarkets™

PR Newswire

CHICAGO, October 30, 2018

CHICAGO, October 30, 2018 /PRNewswire/ --

According to the new market research report "Expanded Polystyrene (EPS) Market by Product Type (White, Grey, Black), End-use Industry (Building & Construction, Packaging, Others), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2023", published by MarketsandMarkets™, the EPS market is expected to grow from USD 15.5 billion in 2018 to USD 20.1 billion by 2023, at a CAGR of 5.3% during the forecast period. The major factors driving the EPS market include the growing construction and packaging industries in developing countries.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Don't miss out on business opportunities in Expanded Polystyrene (EPS) Market.

Speak to Our Analyst and gain crucial industry insights that will help your business grow.

https://www.marketsandmarkets.com/speaktoanalyst.asp?id=1138

Browse in-depth TOC on "Expanded Polystyrene (EPS) Market"

145 - Tables 

51 - Figures  

152 - Pages 

View detailed Table of Content here -https://www.marketsandmarkets.com/Market-Reports/expanded-polystyrene-market-1138.html

The grey EPS segment is projected to register the highest CAGR in the EPS market during the forecast period 

Grey EPS is gradually penetrating the global market for the past 10 years. The less thermal conductivity and better insulation of grey EPS than white EPS are making it a preferable choice in the building & construction industry. Grey EPS has an additional elasticity that improves sound insulation and provides better thermal efficiency in comparison to the normal white EPS insulation.

Building & construction to be the fastest-growing end-use industry during the forecast period 

EPS possesses ideal physical and mechanical properties for most insulating needs. It is an excellent design element, an ideal choice for green building, offers tangible environmental advantages that can maximize energy efficiency, provides improved indoor environmental quality, and enhances durability. These factors make the building & construction industry the largest consumer of EPS.

Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=1138

APAC is expected to hold the largest market size in the Expanded Polystyrene (EPS) Market during the forecast period 

APAC has emerged as the leading consumer and producer of EPS because of the increasing demand from the domestic front and rising income levels. The easy availability of low-cost labor and economical & accessible raw materials are increasing the production of EPS in the region, thereby driving foreign investments. APAC is also the fastest-growing EPS market. The government proposals to improve public infrastructure and rising cash-intensive non-residential construction are positively impacting the market growth. The demand in APAC will further increase in the next five years because of several on-going and upcoming building & construction projects in the developing countries.

Major vendors in the Expanded Polystyrene (EPS) Market include Wuxi Xingda (China), Synthos (Poland), BASF (Germany), Total (France), SUNPOR KUNSTSTOFF (Austria), The Ravago Group (Belgium), Alpek (Mexico), VERSALIS (Italy), Nova Chemicals (US), Flint Hills Resources (US), PJSC SIBUR HOLDING (Russia), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Kaneka Corporation (Japan), Atlas Roofing Corporation (US), BEWiSynbra Group (Sweden), Brødr. Sunde A/S (Norway), Nexkemia Petrochemicals (Canada), and Unipol Holland (Netherlands).

Browse Adjacent Markets @ Foam and Insulation Market Research Reports & Consulting

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com


Research Insight: https://www.marketsandmarkets.com/ResearchInsight/expanded-polystyrene-market.asp

Visit Our Website: https://www.marketsandmarkets.com


Voltar noticias em Inglês