Market by Type, Industry Vertical, and Geography | Forecast 2019-2028
Triton Market Research estimates that the global market for expanded polystyrene (EPS) will grow with an anticipated CAGR of 5.68% during the forecast period, and will account for a revenue of $10646.83 million by 2028. In addition, the market, in terms of volume, is expected to grow with a CAGR of 4.92%, amounting to 8308.86 kilotons. The base year considered for the market study is 2018, and the forecasted period is between 2019 and 2028.
Report scope can be customized per your requirements. Request For Customization
The market for expanded
polystyrene has witnessed a stable growth owing to the rising demand from the
packaging sector. Expanded polystyrene (EPS) is a rigid and lightweight
insulation material. It has a closed-cell structure that offers several advantages
for insulation.
Triton Market Research’s
report on the expanded polystyrene market provides an in-depth insight into the
market. The detailed analysis of the market includes the key market insights,
Porter’s five forces analysis, and market attractiveness index.
Factors like the increasing
demand from the construction and packaging sector are driving the growth of the
market. The features of EPS make it perfect for use as an insulator, and for
decorative purposes. Further, EPS is used as a filling material in the building
of roads. The perfect combination of mechanical and physical properties make it
ideally suited for use within the construction industry.
Moreover, EPS offers better
insulation features than its alternatives, which is aiding the market growth.
This advantage of EPS makes it suitable for places with high moisture. These
qualities, which give EPS an edge over other insulators in the market, are also
expected to increase its market share.
However, the easy availability of substitute products is negatively impacting market growth. Materials such as mushroom material, plantable packaging, and edible packing peanuts, in cycle cups, bamboo fiber eco bowl, EarthAware biodegradable packing materials, earth shell “paper” plates, and peat plastic can substitute EPS easily.
Key
geographies covered in the global expanded polystyrene (EPS) market are:
• North America: United States and Canada
• Europe: United Kingdom, France, Germany, Spain, Italy,
Russia, and Rest of Europe
• Asia-Pacific: China, Japan, India, Australia, South Korea,
ASEAN Countries and Rest of Asia-Pacific
• Latin America: Brazil, Mexico, and Rest of Latin America
• Middle East and Africa: Saudi Arabia, Turkey, United Arab
Emirates, South Africa, and Rest of Middle East & Africa
The
segmentation analysis of the expanded polystyrene (EPS) market includes:
• Market by Type:
o White
o Grey
o Black
• Market by Industry Vertical:
o Packaging
o Automotive
o Domestic Appliances
o Consumer Electronics
o Building & Construction
o Medical
o Other Industry Verticals
The key companies
profiled in the EPS market report include Sunpor Kunststoff GmbH,
Styrochem, LG Corporation, Ravago, Sibur, SABIC, Kaneka Corporation, Total SA,
Evonik Industries AG, BASF SE, Alpek SAB De CV, Arkema SA, Bewisynbra Group AB,
Nova Chemical Corporation, and Jackon GmbH.
1. GLOBAL
EXPANDED POLYSTYRENE (EPS) MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. ASIA-PACIFIC
IS MOST PROMISING REGIONAL MARKET
2.2.2. GREY
EPS IS ANTICIPATED TO GROW AT HIGHEST CAGR
2.2.3. INDIA
IS LEADING IN TERMS OF EPS ADOPTION
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. IMPACT
OF COVID – EXPANDED POLYSTYRENE (EPS)
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. MARKET
DRIVERS
2.7.1. ADVANTAGE
OVER ALTERNATIVE MATERIALS
2.7.2. INCREASING
DEMAND IN BUILDING & CONSTRUCTION AND PACKAGING SECTOR
2.8. MARKET
RESTRAINTS
2.8.1. INSTABILITY
IN CRUDE OIL PRICES
2.9. MARKET
OPPORTUNITIES
2.9.1. GROWING
DEMAND FOR LIGHTWEIGHT MATERIALS IN AUTOMOBILE INDUSTRY
2.10. MARKET
CHALLENGES
2.10.1. OBTAINABILITY OF ALTERNATIVE PRODUCTS
3. GLOBAL
EXPANDED POLYSTYRENE (EPS) MARKET OUTLOOK – BY TYPE
3.1. WHITE
3.2. GREY
3.3. BLACK
4. GLOBAL
EXPANDED POLYSTYRENE (EPS) MARKET OUTLOOK - BY INDUSTRY VERTICAL
4.1. PACKAGING
4.2. AUTOMOTIVE
4.3. DOMESTIC
APPLIANCES
4.4. CONSUMER
ELECTRONICS
4.5. BUILDING
& CONSTRUCTION
4.6. MEDICAL
4.7. OTHER
INDUSTRY VERTICALS
5. GLOBAL
EXPANDED POLYSTYRENE (EPS) MARKET – REGIONAL OUTLOOK
5.1. NORTH
AMERICA
5.1.1. MARKET
BY TYPE
5.1.2. MARKET
BY INDUSTRY VERTICAL
5.1.3. COUNTRY
ANALYSIS
5.1.3.1. UNITED
STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET
BY TYPE
5.2.2. MARKET
BY INDUSTRY VERTICAL
5.2.3. COUNTRY
ANALYSIS
5.2.3.1. UNITED
KINGDOM
5.2.3.2. GERMANY
5.2.3.3. FRANCE
5.2.3.4. SPAIN
5.2.3.5. ITALY
5.2.3.6. RUSSIA
5.2.3.7. REST
OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET
BY TYPE
5.3.2. MARKET
BY INDUSTRY VERTICAL
5.3.3. COUNTRY
ANALYSIS
5.3.3.1. CHINA
5.3.3.2. JAPAN
5.3.3.3. INDIA
5.3.3.4. SOUTH
KOREA
5.3.3.5. ASEAN
COUNTRIES
5.3.3.6. AUSTRALIA
& NEW ZEALAND
5.3.3.7. REST
OF ASIA-PACIFIC
5.4. LATIN
AMERICA
5.4.1. MARKET
BY TYPE
5.4.2. MARKET
BY INDUSTRY VERTICAL
5.4.3. COUNTRY
ANALYSIS
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. REST
OF LATIN AMERICA
5.5. MIDDLE
EAST AND AFRICA
5.5.1. MARKET
BY TYPE
5.5.2. MARKET
BY INDUSTRY VERTICAL
5.5.3. COUNTRY
ANALYSIS
5.5.3.1. UNITED
ARAB EMIRATES
5.5.3.2. TURKEY
5.5.3.3. SAUDI ARABIA
5.5.3.4. SOUTH
AFRICA
5.5.3.5. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. ALPEK
SAB DE CV
6.2. ARKEMA
SA
6.3. BASF
SE
6.4. EVONIK
INDUSTRIES AG
6.5. KANEKA
CORPORATION
6.6. LG
CORPORATION
6.7. NOVA
CHEMICAL CORPORATION
6.8. SABIC
6.9. STYROCHEM
6.10. TOTAL
SA
6.11. RAVAGO
6.12. SIBUR
6.13. JACKON
GMBH
6.14. BEWISYNBRA
GROUP AB
6.15. SUNPOR
KUNSTSTOFF GMBH
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY
TABLE 1: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY GEOGRAPHY, 2019-2028 (IN $ MILLION)
TABLE 2: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY GEOGRAPHY, 2019-2028 (IN KILOTON)
TABLE 3: MARKET ATTRACTIVENESS
INDEX
TABLE 4: VENDOR SCORECARD
TABLE 5: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 6: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN KILOTON)
TABLE 7: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN $ MILLION)
TABLE 8: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN KILOTON)
TABLE 9: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY GEOGRAPHY, 2019-2028 (IN $ MILLION)
TABLE 10: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY GEOGRAPHY, 2019-2028 (IN KILOTON)
TABLE 11: NORTH AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN KILOTON)
TABLE 13: NORTH AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN KILOTON)
TABLE 15: NORTH AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN $
MILLION)
TABLE 16: NORTH AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN KILOTON)
TABLE 17: EUROPE EXPANDED
POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 18: EUROPE EXPANDED
POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN KILOTON)
TABLE 19: EUROPE EXPANDED
POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 20: EUROPE EXPANDED
POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN KILOTON)
TABLE 21: EUROPE EXPANDED
POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN $ MILLION)
TABLE 22: EUROPE EXPANDED
POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN KILOTON)
TABLE 23: ASIA-PACIFIC
EXPANDED POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 24: ASIA-PACIFIC
EXPANDED POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN KILOTON)
TABLE 25: ASIA-PACIFIC
EXPANDED POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 26: ASIA-PACIFIC
EXPANDED POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN KILOTON)
TABLE 27: ASIA-PACIFIC
EXPANDED POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN $
MILLION)
TABLE 28: ASIA-PACIFIC
EXPANDED POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN KILOTON)
TABLE 29: LATIN AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 30: LATIN AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN KILOTON)
TABLE 31: LATIN AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 32: LATIN AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN KILOTON)
TABLE 33: LATIN AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN $
MILLION)
TABLE 34: LATIN AMERICA
EXPANDED POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN KILOTON)
TABLE 35: MIDDLE EAST AND
AFRICA EXPANDED POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 36: MIDDLE EAST AND
AFRICA EXPANDED POLYSTYRENE (EPS) MARKET, BY COUNTRY, 2019-2028 (IN KILOTON)
TABLE 37: MIDDLE EAST AND
AFRICA EXPANDED POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 38: MIDDLE EAST AND
AFRICA EXPANDED POLYSTYRENE (EPS) MARKET, BY TYPE, 2019-2028 (IN KILOTON)
TABLE 39: MIDDLE EAST AND
AFRICA EXPANDED POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028 (IN $
MILLION)
TABLE 40: MIDDLE EAST
AND AFRICA EXPANDED POLYSTYRENE (EPS) MARKET, BY INDUSTRY VERTICAL, 2019-2028
(IN KILOTON)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY WHITE, 2019-2028 (IN $ MILLION)
FIGURE 3: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY GREY, 2019-2028 (IN $ MILLION)
FIGURE 4: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY BLACK, 2019-2028 (IN $ MILLION)
FIGURE 5: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY PACKAGING, 2019-2028 (IN $ MILLION)
FIGURE 6: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY AUTOMOTIVE, 2019-2028 (IN $ MILLION)
FIGURE 7: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY DOMESTIC APPLIANCES, 2019-2028 (IN $ MILLION)
FIGURE 8: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY CONSUMER ELECTRONICS, 2019-2028 (IN $ MILLION)
FIGURE 9: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY BUILDING & CONSTRUCTION, 2019-2028 (IN $
MILLION)
FIGURE 10: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY MEDICAL, 2019-2028 (IN $ MILLION)
FIGURE 11: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, BY OTHER INDUSTRY VERTICALS, 2019-2028 (IN $ MILLION)
FIGURE 12: GLOBAL EXPANDED
POLYSTYRENE (EPS) MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 13: UNITED STATES
EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 14: CANADA EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 15: UNITED KINGDOM
EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 16: GERMANY EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 17: FRANCE EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 18: SPAIN EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 19: ITALY EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 20: RUSSIA EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 21: REST OF EUROPE
EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 22: CHINA EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 23: JAPAN EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 24: INDIA EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 25: SOUTH KOREA
EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 26: ASEAN COUNTRIES
EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 27: AUSTRALIA & NEW
ZEALAND EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 28: REST OF
ASIA-PACIFIC EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 29: BRAZIL EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 30: MEXICO EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 31: REST OF LATIN
AMERICA EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 32: UNITED ARAB
EMIRATES EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 33: TURKEY EXPANDED
POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 34: SAUDI ARABIA
EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 35: SOUTH AFRICA
EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $ MILLION)
FIGURE 36: REST OF
MIDDLE EAST & AFRICA EXPANDED POLYSTYRENE (EPS) MARKET 2019-2028 (IN $
MILLION)