Market Overview:
The global polystyrene foam pad market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polystyrene foam pads in building and packaging applications. In terms of type, the expandable polystyrene foam segment is expected to lead the market during the forecast period, owing to its properties such as high insulation value and low thermal conductivity. In terms of region, North America is expected to lead the global market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Polystyrene foam pad is a type of insulation that can be used in a variety of applications, including construction and automotive. It is made up of small, air-filled cells that provide thermal insulation and reduce noise. Polystyrene foam pad can also be used as padding to protect against impact or vibration.
Expandable Polystyrene Foams:
Expandable polystyrene foams, also known as Expanded Polystyrene (EPS), are a type of foam that is produced using styrene and expandable gas. The major driver for the growth of this market is its ability to be easily molded into various shapes and sizes which makes it extremely useful in end-use industries such as packaging, furniture & bedding, automotive interiors & exteriors among others.
Extruded Polystyrene Foams:
Extruded polystyrene foams are manufactured by the extrusion of polystyrene material. It is a closed-cellular foam that offers excellent insulation, low density, and high durability. The product is used in various end-use industries including packaging, furniture & bedding, automotive components & appliances and consumer goods among others.
Application Insights:
Building was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. These products are used for insulation purposes in buildings owing to their thermal resistance properties. They are also used for soundproofing, which aids in noise reduction when installed as acoustic barriers between rooms or along a corridor. Expanding applications include cold storage facilities, freezers and refrigerators, air conditioning systems and heaters among others.
Polystyrene foam pads have excellent shock absorption properties; this makes them ideal for use under carpeted floors where heavy objects fall frequently (elevators). They can also be used under vinyl floorings as they do not damage the surface of the flooring material itself but act as a cushion against impact on soft surfaces such as wood or ceramic tiles instead of transferring it directly into the underlying layer (laying polypropylene carpets). The aforementioned factors are anticipated to drive product demand from building applications over the forecast period.
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 has led to an increase in construction activities. In addition, rising disposable income levels are anticipated to fuel demand for consumer products such as packaging and building materials, thereby driving industry expansion.
The Asia Pacific economy is highly influenced by China and India’s economic performance as well as their trade relations with other countries around the world.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Rising disposable income of consumers in developing countries
- Technological advancements in polystyrene foam pad production processes
- Growing popularity of eco-friendly insulation materials
- Proliferation of online retail platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Polystyrene Foam Pad Market Research Report
By Type
Expandable Polystyrene Foams, Extruded Polystyrene Foams
By Application
Building, Packaging, Others
By Companies
Alpek, The Dow Chemical Company, BASF SE, Synthos S.A., Kaneka Corporation, ACH Foam Technologies, Synbra Holdings, NOVA Chemicals, SIBUR, SUNPOR KUNSTSTOFF
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Polystyrene Foam Pad Market Report Segments:
The global Polystyrene Foam Pad market is segmented on the basis of:
Types
Expandable Polystyrene Foams, Extruded Polystyrene Foams
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, Packaging, 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:
- Alpek
- The Dow Chemical Company
- BASF SE
- Synthos S.A.
- Kaneka Corporation
- ACH Foam Technologies
- Synbra Holdings
- NOVA Chemicals
- SIBUR
- SUNPOR KUNSTSTOFF
Highlights of The Polystyrene Foam Pad 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:
- Expandable Polystyrene Foams
- Extruded Polystyrene Foams
- By Application:
- Building
- Packaging
- 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 Polystyrene Foam Pad 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
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 foam pad is a type of insulation that is made from styrene, which is a synthetic plastic. Polystyrene foam pads are often used as thermal insulation in buildings and other structures.
Some of the major players in the polystyrene foam pad market are Alpek, The Dow Chemical Company, BASF SE, Synthos S.A., Kaneka Corporation, ACH Foam Technologies, Synbra Holdings, NOVA Chemicals, SIBUR, SUNPOR KUNSTSTOFF.
The polystyrene foam pad 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 Polystyrene Foam Pad 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 Foam Pad Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polystyrene Foam Pad 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 Foam Pad 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 Foam Pad Market Size & Forecast, 2018-2028
4.5.1 Polystyrene Foam Pad Market Size and Y-o-Y Growth
4.5.2 Polystyrene Foam Pad Market Absolute $ Opportunity
Chapter 5 Global Polystyrene Foam Pad 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 Polystyrene Foam Pad Market Size Forecast by Type
5.2.1 Expandable Polystyrene Foams
5.2.2 Extruded Polystyrene Foams
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polystyrene Foam Pad 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 Polystyrene Foam Pad Market Size Forecast by Applications
6.2.1 Building
6.2.2 Packaging
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polystyrene Foam Pad 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 Foam Pad 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 Polystyrene Foam Pad Analysis and Forecast
9.1 Introduction
9.2 North America Polystyrene Foam Pad 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 Polystyrene Foam Pad Market Size Forecast by Type
9.6.1 Expandable Polystyrene Foams
9.6.2 Extruded Polystyrene Foams
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 Polystyrene Foam Pad Market Size Forecast by Applications
9.10.1 Building
9.10.2 Packaging
9.10.3 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 Polystyrene Foam Pad Analysis and Forecast
10.1 Introduction
10.2 Europe Polystyrene Foam Pad 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 Polystyrene Foam Pad Market Size Forecast by Type
10.6.1 Expandable Polystyrene Foams
10.6.2 Extruded Polystyrene Foams
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 Polystyrene Foam Pad Market Size Forecast by Applications
10.10.1 Building
10.10.2 Packaging
10.10.3 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 Polystyrene Foam Pad Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polystyrene Foam Pad 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 Polystyrene Foam Pad Market Size Forecast by Type
11.6.1 Expandable Polystyrene Foams
11.6.2 Extruded Polystyrene Foams
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 Polystyrene Foam Pad Market Size Forecast by Applications
11.10.1 Building
11.10.2 Packaging
11.10.3 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 Polystyrene Foam Pad Analysis and Forecast
12.1 Introduction
12.2 Latin America Polystyrene Foam Pad 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 Polystyrene Foam Pad Market Size Forecast by Type
12.6.1 Expandable Polystyrene Foams
12.6.2 Extruded Polystyrene Foams
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 Polystyrene Foam Pad Market Size Forecast by Applications
12.10.1 Building
12.10.2 Packaging
12.10.3 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) Polystyrene Foam Pad Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polystyrene Foam Pad 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) Polystyrene Foam Pad Market Size Forecast by Type
13.6.1 Expandable Polystyrene Foams
13.6.2 Extruded Polystyrene Foams
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) Polystyrene Foam Pad Market Size Forecast by Applications
13.10.1 Building
13.10.2 Packaging
13.10.3 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 Polystyrene Foam Pad Market: Competitive Dashboard
14.2 Global Polystyrene Foam Pad Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alpek
14.3.2 The Dow Chemical Company
14.3.3 BASF SE
14.3.4 Synthos S.A.
14.3.5 Kaneka Corporation
14.3.6 ACH Foam Technologies
14.3.7 Synbra Holdings
14.3.8 NOVA Chemicals
14.3.9 SIBUR
14.3.10 SUNPOR KUNSTSTOFF
