Report Ocean has recently released a comprehensive research report on the global Expanded Polystyrene Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Expanded Polystyrene Market is valued approximately USD 9.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.6 % over the forecast period 2020-2027.
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Expanded Polystyrene (EPS) is manufactured by using polystyrene beads. It is a thermoplastic product, composed of number of styrene monomers which are connected to form polystyrene via a polymerization process. Expandable polystyrene has durable, lightweight, moisture resistance, versatile and easy use properties. Expanded Polystyrene are widely used in various applications such as automotive, packaging, construction & buildings, and others. Thus, growing automotive industry as well as rising construction sector across the world are the few factors responsible for growth of the market over the forecast period. For instance: According to Statista, around 8.76 million motor vehicles were produced in North America in 2009 and has risen to 16.8 million of motor vehicle production in 2019. Similarly, the retail sale of light vehicle in United States was 10,402.3 thousand in 2009 and has risen to 16,952.9 thousand sale of light vehicle in 2019. Also, as per Statista, the worldwide production of automobile was 62 million vehicles in 2009 and has risen to 92 million motor vehicles were produced in 2019. However, strict governmental regulations and decreasing demand from packaging industry is the major factor restraining the growth of the global Expanded Polystyrene market during the forecast period.
The regional analysis of global Expanded Polystyrene market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the fast adoption of new technology, ascending demand for the product from key applications, including automotive, packaging, and construction, in emerging economies such as China and India. Moreover, growing construction and packaging industries in developing countries boos the growth of the market.
Major market player included in this report are:
Atlas Roofing Corporation
Alpek S.A.B. de C.V.
BASF SE
Kaneka Corporation
PJSC Sibur Holding
BEWiSynbra Group
Sunpor
Synthos
Total
Flint Hills Resources
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
White
Grey
By Application:
Construction
Packaging
Automotive
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Expanded Polystyrene market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Expanded Polystyrene industry?
- What are the major challenges that the Expanded Polystyrene Market may face in the future?
- Who are the leading companies in the Expanded Polystyrene Market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Expanded Polystyrene Market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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