Market Overview:
The global extruded polystyrene foams market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for extruded polystyrene foams from various end-use applications, such as wall heat preservation, roof heat preservation, ground moisture and others. In terms of type, the conventional type segment is expected to lead the global extruded polystyrene foams market during the forecast period. This can be attributed to its low cost and easy availability as compared to other types of extruded polystyrene foam products.
Product Definition:
Extruded polystyrene foam is a type of insulation made from polystyrene, a type of plastic. It is usually white and can be extruded into blocks, sheets, or tubes. Extruded polystyrene foam is used in building insulation, packaging materials, and other applications where thermal insulation or cushioning is needed.
Conventional Type:
Conventional type refers to the conventional polystyrene foams that are produced by using styrene as a raw material. The other important factors that influence the market include its end-use applications and regional trends. Conventional type accounts for maximum share in extruded polystyrene (XPS) foam market, owing to its widespread use in various industries including transportation, packaging, building & construction and consumer goods among others.
High Thermal Conductivity Type:
High thermal conductivity type is a modifier that helps in increasing the heat transfer rate from the polymer matrix to the surface of the extruded polystyrene foam. It does this by creating microscopic holes in the polymer matrix. The holes allow for increased airflow and faster processing speed which ultimately results in higher production rates of high thermal conductivity type.
The market size was valued at USD 8,966.1 thousand in 2015.
Application Insights:
The others application segment includes flooring, insulation and packaging. The usage of EPS foams in the packaging industry is gaining significant traction as they offer excellent thermal insulation properties. This factor is projected to bode well for market growth over the coming years.
Extruded polystyrene foam has been witnessing increased adoption across a wide range of applications owing to its lightweight property and superior strength-to-weight ratio which makes it ideal for use in a variety of end-use industries including automotive, construction and aerospace & defense among others.
Wall heat preservation was the largest application segment with a volume share of 35% in 2017 on account of its rising penetration across numerous end-use industries such as healthcare, food processing among others owing to its excellent fire protection characteristics coupled with ease in installation at an economical cost compared to alternatives such as concrete or masonry units.
Regional Analysis:
Asia Pacific extruded polystyrene foam market led the global industry and accounted for over 45% of the total revenue in 2016. The region is expected to continue its dominance over the forecast period owing to rapid industrialization, urbanization, and infrastructural development in emerging economies such as China, India, Indonesia, Malaysia Philippines. In addition rising consumer disposable income levels coupled with government initiatives promoting basic amenities are anticipated to drive product demand further.
Europe was estimated at USD X million in 2016 and is projected to grow at a CAGR of XX% from 2017 to 2030 owing high thermal conductivity of EPS which makes it suitable for use as an insulation material especially where there is a need for energy efficiency gains such as buildings or homes.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Rising disposable income of consumers in developing countries
- Technological advancements in extrusion processes
- Growing popularity of polystyrene foam insulation products
- Stringent environmental regulations for thermal insulation products
Scope Of The Report
Report Attributes
Report Details
Report Title
Extruded Polystyrene Foams Market Research Report
By Type
Conventional Type, High Thermal Conductivity Type, Thicker Plate Type
By Application
Wall Heat Preservation, Roof Heat Preservation, Ground Moisture, Others
By Companies
The Dow Chemical Company, Owens Corning, BASF SE, Ursa, Ineos Styrencis, Sunpor, Synthos, Polimeri, Styrochem, Monotez, The Dow Chemical Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Extruded Polystyrene Foams Market Report Segments:
The global Extruded Polystyrene Foams market is segmented on the basis of:
Types
Conventional Type, High Thermal Conductivity Type, Thicker Plate Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wall Heat Preservation, Roof Heat Preservation, Ground Moisture, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Dow Chemical Company
- Owens Corning
- BASF SE
- Ursa
- Ineos Styrencis
- Sunpor
- Synthos
- Polimeri
- Styrochem
- Monotez
- The Dow Chemical Company
Highlights of The Extruded Polystyrene Foams Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Conventional Type
- High Thermal Conductivity Type
- Thicker Plate Type
- By Application:
- Wall Heat Preservation
- Roof Heat Preservation
- Ground Moisture
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Extruded Polystyrene Foams Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Extruded polystyrene foam (EPS) is a type of thermoplastic foam made from styrene and other chemicals. It is often used in products such as insulation, packaging, and furniture. EPS can be cut, shaped, and molded into many different shapes and sizes.
Some of the major players in the extruded polystyrene foams market are The Dow Chemical Company, Owens Corning, BASF SE, Ursa, Ineos Styrencis, Sunpor, Synthos, Polimeri, Styrochem, Monotez, The Dow Chemical Company.
The extruded polystyrene foams market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Extruded Polystyrene Foams Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Extruded Polystyrene Foams Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Extruded Polystyrene Foams Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Extruded Polystyrene Foams Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Extruded Polystyrene Foams Market Size & Forecast, 2020-2028
4.5.1 Extruded Polystyrene Foams Market Size and Y-o-Y Growth
4.5.2 Extruded Polystyrene Foams Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Conventional Type
5.2.2 High Thermal Conductivity Type
5.2.3 Thicker Plate Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Wall Heat Preservation
6.2.2 Roof Heat Preservation
6.2.3 Ground Moisture
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Extruded Polystyrene Foams Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Extruded Polystyrene Foams Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Conventional Type
9.6.2 High Thermal Conductivity Type
9.6.3 Thicker Plate Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Wall Heat Preservation
9.10.2 Roof Heat Preservation
9.10.3 Ground Moisture
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Conventional Type
10.6.2 High Thermal Conductivity Type
10.6.3 Thicker Plate Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Wall Heat Preservation
10.10.2 Roof Heat Preservation
10.10.3 Ground Moisture
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Conventional Type
11.6.2 High Thermal Conductivity Type
11.6.3 Thicker Plate Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Wall Heat Preservation
11.10.2 Roof Heat Preservation
11.10.3 Ground Moisture
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Conventional Type
12.6.2 High Thermal Conductivity Type
12.6.3 Thicker Plate Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Wall Heat Preservation
12.10.2 Roof Heat Preservation
12.10.3 Ground Moisture
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Conventional Type
13.6.2 High Thermal Conductivity Type
13.6.3 Thicker Plate Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Wall Heat Preservation
13.10.2 Roof Heat Preservation
13.10.3 Ground Moisture
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Extruded Polystyrene Foams Market: Competitive Dashboard
14.2 Global Extruded Polystyrene Foams Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Dow Chemical Company
14.3.2 Owens Corning
14.3.3 BASF SE
14.3.4 Ursa
14.3.5 Ineos Styrencis
14.3.6 Sunpor
14.3.7 Synthos
14.3.8 Polimeri
14.3.9 Styrochem
14.3.10 Monotez
14.3.11 The Dow Chemical Company
