The global polystyrene foam industry is expected to




Dublin, May 24, 2021 (GLOBE NEWSWIRE) – The “Global Polystyrene Foam Market by Resin Type (EPS & XPS), End User Industry (Construction & Industrial Insulation, Packaging, Building & Construction), Region (APAC, Europe, North America, South America) and Middle East and Africa) – Forecast until 2026 “ the report was added to ResearchAndMarkets.com from offer.

The polystyrene foam market is expected to grow from USD 26.4 billion in 2021 to USD 32.2 billion by 2026, with a CAGR of 4.1% between 2021 and 2026. Growing demand from the construction industry and construction in the APAC region is expected to boost the polystyrene foam market.

Polystyrene (PS) foams are a thermoplastic, closed cell, lightweight, rigid foam material, moisture resistant, with high compressive strength and outstanding thermal and acoustic insulation properties. In general, polystyrene foams come in two forms: EPS (expanded PS) and XPS (extruded PS). XPS products can be much superior to EPS products when the R-value (thermal resistance per unit area) is taken into account. XPS products can outperform EPS products in various aspects such as thermal performance, moisture resistance and compressive strength.

The building and construction industry is expected to be the largest end-use industry in the polystyrene foam market

The building and construction industry is the largest segment of the end-use industry, in terms of volume and value, between 2021 and 2026. Polystyrene foam used in the building and construction sector is specially used as insulation boards formulated to counter extremely harsh environments such as salt water, temperature, pressure and organic formation. Emerging markets such as China, India, and South Korea, and other countries (including Malaysia, Indonesia, and Thailand) are the major growth drivers for the APAC market.

EPS is the fastest growing type in the polystyrene foam market

EPS is the fastest growing resin segment, in terms of volume, between 2021 and 2026. EPS is a lightweight thermoplastic material with special properties due to its structure which helps protect the product against damage. The growing building and construction and packaging industries in developing countries are driving the EPS market.

EPS is an excellent material for applications in these industries as it is a light but stiff foam with good thermal insulation and high impact resistance. However, the volatility of crude oil prices and the availability of efficient substitutes are holding back market growth. The easy recyclability of polystyrene products is expected to provide growth opportunities of the EPS market during the forecast period.

APAC Is The Fastest Market For Polystyrene Foam During The Forecast Period

APAC is expected to be the largest and fastest growing market for polystyrene foam during the forecast period. APAC is the hub of foreign investment and booming industrial sectors due to low cost labor and cheap availability of land. The increased demand for polystyrene foam can be largely attributed to the growth of industrial, infrastructure and construction and marine industries. APAC has a growing industry which is likely to drive the polystyrene foam market.

Extensive primary interviews were conducted and information gathered from secondary research to determine and verify the market size of several segments and sub-segments.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive summary

4 premium information
4.1 Attractive Opportunities in the Polystyrene Foam Market
4.2 EPS Foams Market, by Type and End-Use Sector, 2020
4.3 EPS Foams Market Size, Relative to Developed Developments. Developing countries
4.4 Attractiveness of the XPS Foam Market

5 Market overview
5.1 Presentation
5.2 Value chain analysis
5.2.1 Polystyrene Foam Market: Supply Chain Ecosystem
5.2.2 Impact of COVID-19 on the value chain
5.3 Market dynamics
5.3.1 Drivers
5.3.1.1 Strict regulations to reduce greenhouse gas emissions
5.3.1.2 Development of green buildings
5.3.1.3 Reduction of energy consumption and associated costs
5.3.1.4 Presence of stringent building energy codes
5.3.1.5 Refunds and tax credits
5.3.2 Constraints
5.3.2.1 Volatility of commodity prices
5.3.3 Opportunities
5.3.3.1 Polystyrene products can be recycled
5.3.3.2 High energy requirements
5.3.4 Challenges
5.3.4.1 Growing preference for molded dough packaging
5.3.4.2 Increasingly Strict Government Regulations
5.3.4.3 Lack of awareness
5.4 Porter’s five forces analysis
5.5 Analysis of average prices
5.6 Moss ecosystem
5.7 Macroeconomic overview
5.8 Industry trends
5.9 COVID-19 impact assessment
5.10 Polystyrene Foam Patent Analysis
5.11 Policy and regulations
5.12 Analysis of business data
5.13 Analysis of the case studies
5.14 Technology analysis

6 Polystyrene Foam Market, By Foam Type

7 Polystyrene Foam Market, By End-Use Industry

8 Polystyrene Foam Market, By Region

9 Competitive landscape

10 company profiles
10.1 Key players
10.1.1 Loyal group
10.1.2 Wuxi Xingda New Foam Plastics Materials Co. Ltd.
10.1.3 BASF SE
10.1.3.1 SWOT Analysis
10.1.3.2 Analyst’s point of view
10.1.4 Synthos SA
10.1.4.1 SWOT Analysis
10.1.4.2 Analyst’s point of view
10.1.5 Jiangsu Leasty Chemicals Co. Ltd.
10.1.6 Sunpor Kunststoff GmbH
10.1.6.1 SWOT Analysis
10.1.6.2 Analyst’s point of view
10.1.7 Total SE
10.1.7.1 SWOT Analysis
10.1.7.2 Analyst’s point of view
10.1.8 Taita Chemical Co. Ltd.
10.1.9 Versalis SPA
10.1.10 Dupont
10.1.10.1 SWOT Analysis
10.1.10.2 Analyst perspective
10.2 Other players
10.2.1 Alpek
10.2.2 BEWI Group
10.2.2.1 Business overview
10.2.3 Kingspan Group plc
10.2.3.1 SWOT Analysis
10.2.3.2 Analyst’s point of view
10.2.4 The Ravago group
10.2.5 Owens Corning
10.2.5.1 SWOT Analysis
10.2.5.2 Analyst’s point of view
10.2.6 Supreme Petrochemical Ltd.
10.2.7 Styrochem
10.2.8 Technonicol Corporation
10.2.9 Sibur
10.2.10 LG Chem
10.2.10.1 SWOT Analysis
10.2.10.2 Analyst perspective
10.2.11 Jiangsu Sunchem New Materials Co. Ltd.
10.2.12 Finnfoam Oy
10.2.13 Ming DIH Group Corporation
10.2.14 Unipol
10.2.15 Styro insulating mat. Ind. LLC.

11 Appendix

For more information on this report, visit https://www.researchandmarkets.com/r/7yjggs




Previous Power outage at Ballari oxygen plants cuts Karnataka's O2 production by 20%
Next BSP grants e-money issuer license to app