Market Overview:
The Global Graphite PolyStyrene (GPS) Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for lightweight and durable materials in various applications such as building & construction, packaging, and others. In terms of type, the foam graphite polystyrene segment is projected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its superior properties such as high thermal insulation and low weight. In terms of application, the packaging segment is projected to grow at a higher CAGR than other segments during the forecast period.
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Product Definition:
Graphite PolyStyrene (GPS) is a polymer made from polystyrene and graphite. It has high resistance to heat and is used as an insulator in electrical equipment.
Foam Graphite PolyStyrene:
Foam graphite polystyrene is a type of insulation material that is made up of expanded polystyrene and foamed graphite. The product was developed by the DuPont Company, which patented the process in 1955. Since then, it has been used as an insulating material for various applications such as sound barriers in buildings and walls, refrigeration packaging materials including food trays & containers along with electrical housing components.
Board Graphite PolyStyrene:
Board graphite polystyrene is a type of synthetic resin, which is made up of styrene-butadiene rubber and powdered graphite. It has high compressive strength and flexural modulus. Board G-P Styrene has applications in electrical insulations, molding powder, fiberglass reinforced plastics (FRP), railway parts manufacturing industries owing to its properties such as low thermal conductivity & heat radiation, high impact resistance along with excellent moisture resistance.
Application Insights:
Building and construction was the largest application segment in 2017. The product is used for various applications in buildings, such as insulation, roofing foils, cladding panels and sub-structure. In addition to being lightweight and strong; it also has a high thermal conductivity which makes it suitable for use in building insulation.
The automotive industry is one of the major consumers of graphite polystyrene owing to its excellent properties including strength, stiffness & density ratio along with electrical resistivity that reduces vehicle weight by reducing unsprung mass from suspension components thereby improving fuel efficiency. Furthermore, increasing demand for lightweight vehicles due to rising consumer preference towards sporty cars will drive the market growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to growing demand for lightweight materials in various applications. North America is also home to several automotive manufacturers who are constantly looking for ways to reduce vehicle weight, which is expected to positively impact product demand over the forecast period.
Asia Pacific emerged as a major consumer and producer of graphite polystyrene in 2017 owing high growth rate of building & construction industry coupled with rapid industrialization and urbanization resulting into increased need for packaging material products such as corrugated boxes, etc. In addition, rising disposable income levels are anticipated to fuel market growth over the projected period.
The Middle East & Africa (MEA) accounted for a significant share due its large oil reserves that attract numerous exploration activities from multinational companies along with increasing government spending on infrastructure development projects such as airports.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
- Rising awareness about the benefits of GPS over traditional materials such as metal and plastic
- Growing investments in research and development activities for developing innovative applications of GPS
- Rising trend of miniaturization in electronic devices that is fueling the demand for GPS
- Increasing use of composites instead of traditional materials in various end-use applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Graphite PolyStyrene(GPS) Market Research Report
By Type
Foam Graphite PolyStyrene, Board Graphite PolyStyrene, Others
By Application
Building & Construction, Packaging, Other
By Companies
BASF, Insulfoam, ACH Foam Technologies, Kaneka Corporation, Saint-Gobain, Knauf Insulation, Elite Material, KNAUF Industries, Kingspan, Jablite, Styrochem Canada Ltee, The Ravago Group, Unipol Holland BV, Versalis S.P.A.
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Graphite PolyStyrene(GPS) Market Report Segments:
The global Graphite PolyStyrene(GPS) market is segmented on the basis of:
Types
Foam Graphite PolyStyrene, Board Graphite PolyStyrene, Others
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
Building & Construction, Packaging, Other
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:
- BASF
- Insulfoam
- ACH Foam Technologies
- Kaneka Corporation
- Saint-Gobain
- Knauf Insulation
- Elite Material
- KNAUF Industries
- Kingspan
- Jablite
- Styrochem Canada Ltee
- The Ravago Group
- Unipol Holland BV
- Versalis S.P.A.
 Market Overview.svg)
Highlights of The Graphite PolyStyrene(GPS) 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:
- Foam Graphite PolyStyrene
- Board Graphite PolyStyrene
- Others
- By Application:
- Building & Construction
- Packaging
- Other
- 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 Graphite PolyStyrene(GPS) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Graphite Polystyrene(GPS) is a type of thermoplastic resin that is made from carbon black and styrene. It has good physical properties, including high strength and stiffness, low weight, and good resistance to weathering. GPS is used in a variety of applications such as automotive parts, medical devices, and sporting goods.
Some of the key players operating in the graphite polystyrene(gps) market are BASF, Insulfoam, ACH Foam Technologies, Kaneka Corporation, Saint-Gobain, Knauf Insulation, Elite Material, KNAUF Industries, Kingspan, Jablite, Styrochem Canada Ltee, The Ravago Group, Unipol Holland BV, Versalis S.P.A..
The graphite polystyrene(gps) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Graphite PolyStyrene(GPS) 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 Graphite PolyStyrene(GPS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Graphite PolyStyrene(GPS) 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 Graphite PolyStyrene(GPS) 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 Graphite PolyStyrene(GPS) Market Size & Forecast, 2020-2028
4.5.1 Graphite PolyStyrene(GPS) Market Size and Y-o-Y Growth
4.5.2 Graphite PolyStyrene(GPS) 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 Foam Graphite PolyStyrene
5.2.2 Board Graphite PolyStyrene
5.2.3 Others
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 Building & Construction
6.2.2 Packaging
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Graphite PolyStyrene(GPS) 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 Graphite PolyStyrene(GPS) 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 Foam Graphite PolyStyrene
9.6.2 Board Graphite PolyStyrene
9.6.3 Others
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 Building & Construction
9.10.2 Packaging
9.10.3 Other
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 Foam Graphite PolyStyrene
10.6.2 Board Graphite PolyStyrene
10.6.3 Others
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 Building & Construction
10.10.2 Packaging
10.10.3 Other
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 Foam Graphite PolyStyrene
11.6.2 Board Graphite PolyStyrene
11.6.3 Others
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 Building & Construction
11.10.2 Packaging
11.10.3 Other
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 Foam Graphite PolyStyrene
12.6.2 Board Graphite PolyStyrene
12.6.3 Others
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 Building & Construction
12.10.2 Packaging
12.10.3 Other
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 Foam Graphite PolyStyrene
13.6.2 Board Graphite PolyStyrene
13.6.3 Others
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 Building & Construction
13.10.2 Packaging
13.10.3 Other
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 Graphite PolyStyrene(GPS) Market: Competitive Dashboard
14.2 Global Graphite PolyStyrene(GPS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Insulfoam
14.3.3 ACH Foam Technologies
14.3.4 Kaneka Corporation
14.3.5 Saint-Gobain
14.3.6 Knauf Insulation
14.3.7 Elite Material
14.3.8 KNAUF Industries
14.3.9 Kingspan
14.3.10 Jablite
14.3.11 Styrochem Canada Ltee
14.3.12 The Ravago Group
14.3.13 Unipol Holland BV
14.3.14 Versalis S.P.A.
