Expanded Polystyrene Market Analysis

Global Expanded Polystyrene (EPS) Market

Introduction
1. Study Objective
2. Scope of the report
3. Market Taxonomy
4. Study Assumptions and Abbreviations
Research Methodology
1. Secondary Research
2. Primary Research
3. SPSS Approach
4. Data Triangulation
Executive Summary
Global Industry Overview
1. Market Overview
2. Regional Synopsis
3. Industry Supply Chain Analysis
4. DROT
  1. Driver
  2. Restraint
  3. Opportunities
  4. Trends
5. Government Regulation: How they would Aid the Business?
6. Competitive Landscape
  1. BASF SE
  2. Dow Chemical Company
  3. Synthos S.A.
  4. Total Energies SE
  5. SytroChem International
  6. SABIC
  7. NOVA Chemicals Corporation
  8. Kaneka Corporation
  9. SUNPOR Kunststoff GmbH
  10. Epsilyte LLC
7. Recent Development Analysis
8. Industry Risk Assessment
9. SWOT Analysis
Global Outlook and Projections
1. Global Overview
  1. Market Value (USD Million) Current and Future Projections, 2024-2037
  2. Increment $ Opportunity Assessment, 2024-2037
  3. Year-on-Year Growth Forecast (%)
2. Global Segmentation (USD Million), 2024-2037, By
  1. Density, Value (USD Million)
    1. Low Density
    2. High Density
  2. End use Industry, Value (USD Million)
    1. Packaging
    2. Automotive
    3. Others
  3. Regional Synopsis Value (USD Million) 2024-2037
    1. North America
    2. Europe
    3. Asia Pacific
    4. Latin America
    5. Middle East and Africa
North America Market
1. Overview
  1. Market Value (USD Million), Current and Future Projections, 2024-2037
  2. Increment $ Opportunity Assessment, 2024-2037
  3. Year-on-Year Growth Forecast (%)
2. Segmentation (USD Million), 2024-2037, By
  1. Density, Value (USD Million)
    1. Low Density
    2. High Density
  2. End use Industry, Value (USD Million)
    1. Packaging
    2. Automotive
    3. Others
  3. Country Level Analysis Value (USD Million), 2024-2037
    1. U.S.
    2. Canada
Europe Market
1. Overview
  1. Market Value (USD Million), Current and Future Projections, 2024-2037
  2. Increment $ Opportunity Assessment, 2024-2037
  3. Year-on-Year Growth Forecast (%)
2. Segmentation (USD Million), 2024-2037, By
  1. Density, Value (USD Million)
    1. Low Density
    2. High Density
  2. End use Industry, Value (USD Million)
    1. Packaging
    2. Automotive
    3. Others
  3. Country Level Analysis Value (USD Million), 2024-2037
    1. UK
    2. Germany
    3. France
    4. Italy
    5. Spain
    6. NORDIC
    7. Russia
    8. Rest of Europe
Asia Pacific Market
1. Overview
  1. Market Value (USD Million), Current and Future Projections, 2024-2037
  2. Increment $ Opportunity Assessment, 2024-2037
  3. Year-on-Year Growth Forecast (%)
2. Segmentation (USD Million), 2024-2037, By
  1. Density, Value (USD Million)
    1. Low Density
    2. High Density
  2. End use Industry, Value (USD Million)
    1. Packaging
    2. Automotive
    3. Others
  3. Country Level Analysis Value (USD Million), 2024-2037
    1. China
    2. Japan
    3. India
    4. Indonesia
    5. Australia
    6. South Korea
    7. Vietnam
    8. Malaysia
    9. Rest of Asia Pacific
Latin America Market
1. Overview
  1. Market Value (USD Million), Current and Future Projections, 2024-2037
  2. Increment $ Opportunity Assessment, 2024-2037
  3. Year-on-Year Growth Forecast (%)
2. Segmentation (USD Million), 2024-2037, By
  1. Density, Value (USD Million)
    1. Low Density
    2. High Density
  2. End use Industry, Value (USD Million)
    1. Packaging
    2. Automotive
    3. Others
  3. Country Level Analysis Value (USD Million) 2024-2037
    1. Brazil
    2. Argentina
    3. Mexico
    4. Rest of Latin America
Middle East & Africa Market
1. Overview
  1. Market Value (USD Million), Current and Future Projections, 2024-2037
  2. Increment $ Opportunity Assessment, 2024-2037
  3. Year-on-Year Growth Forecast (%)
2. Segmentation (USD Million), 2024-2037, By
  1. Density, Value (USD Million)
    1. Low Density
    2. High Density
  2. End use Industry, Value (USD Million)
    1. Packaging
    2. Automotive
    3. Others
  3. Country Level Analysis Value (USD Million), 2024-2037
    1. GCC
    2. Israel
    3. South Africa
    4. Rest of Middle East & Africa
Global Economic Scenario
1. World Economic and Risk Outlook for 2024
About Research Nester
1. Our Global Clientele
2. We Serve Clients Across World

Expanded Polystyrene Market Analysis

Density (Low Density, High Density)

The high-density EPS segment is expected to dominate the expanded polystyrene market and is expected to account for approximately 68.5% of the revenue share during the forecast period. This growth can be attributed to the fact that it is mixed with superior durability and insulation properties, especially in construction and packaging applications where strength and thermal performance become crucial. High-density EPS imparts superior resistance to thermal conduction, supporting initiatives for energy-efficient buildings. In addition, its application in the automotive sector for absorbing impacts has further strengthened its position in the market. In August 2022, Helmet manufacturer Steelbird Hi-Tech India Ltd. established a plant in Himachal Pradesh, which was indicative of serious investment in high-density EPS for the construction and manufacturing sectors.

End use Industry (Packaging, Automotive, Others)

The packaging segment is likely to dominate the expanded polystyrene market with a 47.2% share during the forecast period. EPS is inherently light and has cushioning properties, making it one of the favorable options for packaging in the food and electronics industries. Its growth in the packaging sector also coincides with the global trend towards the adoption of sustainable packaging, where demand for recyclable raw materials like EPS continues to increase. The packaging segment accounts for a considerable share of the global EPS demand, driven by industries seeking eco-friendly alternatives. As a result of these factors combined, manufacturers are anticipated to capitalize on the available opportunities in the production of expanded polystyrene (EPS) for packaging during the forecast period.

Our in-depth analysis of the expanded polystyrene market includes the following segments:

Density	Low Density High Density
End use Industry	Packaging Automotive Others

Frequently Asked Questions (FAQ)

In 2024, the industry size of expanded polystyrene was USD 18.3 billion.

The global expanded polystyrene market size was USD 18.3 billion in 2024 and is likely to reach USD 36.3 billion by the end of 2037, rising at a CAGR of 5.4% during the forecast period, i.e., 2025-2037. In 2025, the industry size of expanded polystyrene (EPS) will be valued at USD 19.3 billion.

Key players in the market are BASF SE, Synthos S.A., TotalEnergies SE, Dow Chemical Company, StyroChem International, SABIC, NOVA Chemicals Corporation, Kaneka Corporation, Alpek S.A.B. de C.V., SEKISUI Chemical Co., Ltd.

The high density segment is projected to lead the expanded polystyrene (EPS) market during the forecast period.

Asia Pacific is anticipated to offer lucrative opportunities to the manufacturers in the expanded polystyrene (EPS) market during the forecast period.

Expanded Polystyrene Market Analysis

Expanded Polystyrene Market Analysis

Browse Key Market Insights with Data Illustration:

Frequently Asked Questions (FAQ)

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Expanded Polystyrene Market Analysis

Expanded Polystyrene Market Analysis

Browse Key Market Insights with Data Illustration:

Frequently Asked Questions (FAQ)

How big is the expanded polystyrene (EPS) industry?

What is the outlook for the EPS market?

Who are the major players dominating the expanded polystyrene landscape?

Which segment will capture the significant market share for expanded polystyrene (EPS) by 2037?

Which region will provide more opportunities for the expanded polystyrene (EPS) business in the coming years?