Market Overview:
The global polystyrene and expanded polystyrene (EPS) market is expected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for polystyrene and EPS in various applications such as building construction, electrical and electronics, packaging, and others. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to the growing demand from countries such as China and India.
 Industry Outlook.svg)
Product Definition:
Polystyrene is a synthetic polymer made from the monomer styrene. It has a high resistance to heat and chemicals, making it useful for thermal insulation, packaging, and other applications. Expandable polystyrene (EPS) is a type of polystyrene that can be expanded by the injection of gas, typically carbon dioxide or pentane. EPS is used for packaging, insulation, and other applications where its lightweight and insulating properties are desirable.
Polystyrene:
Polystyrene is a widely used material in the packaging industry. It is resistant to several chemical solvents, acids and bases and has low thermal conductivity. Polystyrene offers high impact resistance, lightweight, recyclability and non-reactivity towards various substrates such as metal, glass fiber reinforced plastics (FRP), concrete materials etc.
Expanded Polystyrene (EPS):
Expanded Polystyrene (EPS) is a low-density, rigid, and lightweight plastic. It can be used in various industries including construction, packaging, consumer goods & electronics. The major applications of EPS include cups & lids for food & beverage containers; display cases for electronic products; protective caps for sharp edges in the automotive industry; and roofing shingles among others.
Application Insights:
Building construction was the largest application segment in 2015, accounting for over 50.0% share of the global volume. The use of polystyrene and expandable polystyrene in building insulation is expected to drive demand over the forecast period. In addition, growing use of these materials as a structural component in residential buildings on account of their lightweight property is likely to augment growth during the study period.
The electrical and electronics segment accounted for around 19% share on account of high mechanical strength and excellent thermal resistance properties offered by these products due to which they are used extensively across various end-use industries such as automotive, medical equipment, consumer goods etcetera. Expanding packaging industry across various regions coupled with rising preference for biodegradable plastics has driven demand from packaging applications over recent years thereby propelling overall market growth during the forecast period.
Other major applications include industrial machinery & equipment (14%), furniture (9%) and outdoor advertising (8%).
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and urbanization, which are anticipated to drive product demand from packaging as well as building and construction applications. In addition, growing population has led to an increase in housing needs, thereby driving product demand for packaging applications such as insulation and packing material.
The Asia Pacific economy is highly influenced by economic activities of major countries such as China, India, Japan etc., which have a positive impact on overall industry growth through various channels such as trade balance or GDP contribution. Rapidly expanding manufacturing sector coupled with increasing foreign investments in emerging economies of APAC is also expected favorably impact industry expansion over the next eight years.
Europe was estimated at USD X million in 2017 owing to high consumption levels coupled with rising application scope from electrical & electronics industries due mainly polystyrene's excellent heat resistance properties that makes it suitable for use during manufacturing of electronic products including mobile phones.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and packaging is expected to drive the growth of polystyrene and EPS market over the forecast period.
- Rising disposable income coupled with changing lifestyle of consumers is anticipated to boost the demand for polystyrene and EPS products in the near future.
- Growing infrastructure development activities across emerging economies are projected to create lucrative opportunities for polystyrene and EPS market in coming years.
- Technological advancements in manufacturing process of these products is likely to propel their demand over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polystyrene and Expandable Polystyrene (EPS) Market Research Report
By Type
Polystyrene, Expanded Polystyrene (EPS)
By Application
Building Construction, Electrical And Electronics, Packaging, Other
By Companies
Adeplast, BASF SE, Synthos S.A., Kaneka Corporation, Nova Chemicals Corporation, Owens Corning
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Polystyrene and Expandable Polystyrene (EPS) Market Report Segments:
The global Polystyrene and Expandable Polystyrene (EPS) market is segmented on the basis of:
Types
Polystyrene, Expanded Polystyrene (EPS)
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, Electrical And Electronics, 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:
- Adeplast
- BASF SE
- Synthos S.A.
- Kaneka Corporation
- Nova Chemicals Corporation
- Owens Corning
 Market Overview.svg)
Highlights of The Polystyrene and Expandable Polystyrene (EPS) 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:
- Polystyrene
- Expanded Polystyrene (EPS)
- By Application:
- Building Construction
- Electrical And Electronics
- 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 Polystyrene and Expandable Polystyrene (EPS) 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?
Polystyrene is a type of plastic that is made from styrene and other chemicals. It is often used to make things like cups, plates, and other small items. EPS (expandable polystyrene) is a type of polystyrene that has been treated so it can be expanded when it gets hot. This makes it easier to form into objects or shapes.
Some of the major companies in the polystyrene and expandable polystyrene (eps) market are Adeplast, BASF SE, Synthos S.A., Kaneka Corporation, Nova Chemicals Corporation, Owens Corning.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polystyrene and Expandable Polystyrene (EPS) 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 Polystyrene and Expandable Polystyrene (EPS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polystyrene and Expandable Polystyrene (EPS) 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 Polystyrene and Expandable Polystyrene (EPS) 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 Polystyrene and Expandable Polystyrene (EPS) Market Size & Forecast, 2020-2028
4.5.1 Polystyrene and Expandable Polystyrene (EPS) Market Size and Y-o-Y Growth
4.5.2 Polystyrene and Expandable Polystyrene (EPS) 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 Polystyrene
5.2.2 Expanded Polystyrene (EPS)
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 Electrical And Electronics
6.2.3 Packaging
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polystyrene and Expandable Polystyrene (EPS) 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 Polystyrene and Expandable Polystyrene (EPS) 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 Polystyrene
9.6.2 Expanded Polystyrene (EPS)
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 Electrical And Electronics
9.10.3 Packaging
9.10.4 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 Polystyrene
10.6.2 Expanded Polystyrene (EPS)
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 Electrical And Electronics
10.10.3 Packaging
10.10.4 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 Polystyrene
11.6.2 Expanded Polystyrene (EPS)
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 Electrical And Electronics
11.10.3 Packaging
11.10.4 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 Polystyrene
12.6.2 Expanded Polystyrene (EPS)
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 Electrical And Electronics
12.10.3 Packaging
12.10.4 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 Polystyrene
13.6.2 Expanded Polystyrene (EPS)
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 Electrical And Electronics
13.10.3 Packaging
13.10.4 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 Polystyrene and Expandable Polystyrene (EPS) Market: Competitive Dashboard
14.2 Global Polystyrene and Expandable Polystyrene (EPS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adeplast
14.3.2 BASF SE
14.3.3 Synthos S.A.
14.3.4 Kaneka Corporation
14.3.5 Nova Chemicals Corporation
14.3.6 Owens Corning
