At 4.5% CAGR, Polystyrene Market and EPS Industry Set to Register 49 billion USD by 2025 - Reuters

 

At 4.5% CAGR, Polystyrene Market and EPS Industry Set to Register 49 billion USD by 2025

At 4.5% CAGR, Polystyrene Market and EPS Industry Set to Register 49 billion USD by 2025

Fri Dec 21, 2018 - 13:30pm UTC

Market Study Report adds Global Polystyrene Market and EPS market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Selbyville, Delaware – December 21, 2018

MarketStudyReport.com Adds New Polystyrene Market and EPS Industry 2018– 2025 research report providing information and data By Application, By Product, By End-user, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 314 Pages with table and figures in it.

In 2017, Asia Pacific was leader in the global Polystyrene Market & EPS Industry which has contributed more than 40% market share. This greater share was due to the increase in construction and automotive industries in the region. The growing urbanization and increasing demand for the packaged food will boost the global Polystyrene Market & EPS Industry by 2025.

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Global Polystyrene Market and EPS Industry will be propelled by the increasing demand for foaming and insulation applications in building and construction industry by 2025. By using EPS geofoam, architects and engineers are developing the ideal materials to provides the effective solutions for the construction industry. EPS is easy for handling and lowers the total cost of construction. The noteworthy applications of PS & EPS include: slope stabilization, lightweight filler for construction, roadway and runway formation level insulation, etc. Global PS & EPS market for construction segment will grow significantly with a CAGR of approximately 5% by 2025.

In the year 2017, packaging sector had share of above 30% in global Polystyrene Market and EPS Industry. In recent decade polystyrene has been significantly used as a lucrative solution not only in rigid packaging but also for food packaging. Use of polystyrene in packaging prevents spillage of food and provides good thermal insulation. PS and EPS helps in cost and weight reduction and provides freshness, convenience, aesthetic essential and information. The substantial demand for PS & EPS in packaging applications is expected to grow significantly during the forecast period.

Expanded polystyrene is projected to have strong growth with 4.7% CAGR by 2025 in global PS & EPS market. EPS has a long history of production, however over the past decade, new applications have rapidly developed. Expanded polystyrene offers tangible environmental advantages that help to maximize the energy efficiency, providing enhanced durability, which will make it an ideal choice for green building design by 2025.

In automobile industry, the trend to replace metal by plastics has been prevailing, due to their higher impact strength, easy moldability, improved aesthetics, scratch resistance, cabin insulation, and lightweight. Transportation segment is expected to be a notable driver for the global Polystyrene Market & EPS Industry during the forecast period.

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Key players involved in PS and EPS market include INEOS Styrolution, BASF SE, ACH Foam Technologies, Total S.A., Trinseo S.A., SIBUR, HIRSCH Servo, Flint Hills Resources, etc. Manufacturers are expanding their business by acquisitions and strategic mergers. For instance, in Sept 2018, the company SABIC acquired the equity interest of 24.99% in a multinational company Clariant AG, which was a remarkable move in the global Polystyrene Market & EPS Industry.

Table of Content:

Chapter 1. Methodology & Scope

1.1. Methodology
1.2. Market definition
1.3. Market estimation & forecast parameters
1.4. Data sources
1.4.1. Primary
1.4.2. Secondary
1.4.2.1. Paid sources
1.4.2.2. Public sources

Chapter 2. Executive Summary

2.1. Polystyrene & expanded polystyrene industry 360 degree synopsis, 2014 – 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. End-user trends
2.1.5. Regional trends

Chapter 3. Polystyrene & Expanded Polystyrene Industry Insights

3.1. Industry segmentation
3.2. Industry size and forecast, 2014 – 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Manufacturing trends
3.3.3. Profit margin
3.3.4. Value addition
3.3.5. Distributor channel analysis
3.3.6. Vendor matrix
3.3.6.1. List of key raw material suppliers
3.3.6.2. List of key manufacturers/distributors
3.3.6.3. List of key/potential customers

Chapter 4. Polystyrene & Expanded Polystyrene Market Of Product By End-user

4.1. Polystyrene & expanded polystyrene market, product insights
4.2. Polystyrene
4.2.1. Market estimates and forecast of product by end-user, 2014 – 2025
Transportation
Electrical & Electronics
Construction
Consumer goods
Food & beverage
Others

Chapter 5. Polystyrene & Expanded Polystyrene Market, By Application

5.1. Polystyrene & expanded polystyrene market, application insights
5.2. Insulation
5.2.1. Market estimates and forecast, 2014 – 2025
5.2.2. Market estimates and forecast by region, 2014 – 2025
5.3. Packaging
5.3.1. Market estimates and forecast, 2014 – 2025
5.3.2. Market estimates and forecast by region, 2014 – 2025

Chapter 6. Polystyrene & Expanded Polystyrene Market, By End-user

6.1. Polystyrene & expanded polystyrene market, end-user insights
6.2. Transportation
6.2.1. Market estimates and forecast, 2014 – 2025
6.2.2. Market estimates and forecast by region, 2014 – 2025
6.3. Electrical & electronics
6.3.1. Market estimates and forecast, 2014 – 2025
6.3.2. Market estimates and forecast by region, 2014 – 2025
6.4. Construction
6.4.1. Market estimates and forecast, 2014 – 2025
6.4.2. Market estimates and forecast by region, 2014 – 2025
6.5. Consumer goods
6.5.1. Market estimates and forecast, 2014 – 2025
6.5.2. Market estimates and forecast by region, 2014 – 2025
6.6. Food & beverage
6.6.1. Market estimates and forecast, 2014 – 2025
6.6.2. Market estimates and forecast by region, 2014 – 2025
6.7. Others
6.7.1. Market estimates and forecast, 2014 – 2025
6.7.2. Market estimates and forecast by region, 2014 – 2025

Chapter 7. Polystyrene & Expanded Polystyrene Market, By Region

Chapter 8. Company Profiles

For More Details on this Report: https://www.marketstudyreport.com/reports/polystyrene-ps-expanded-polystyrene-eps-market

Related Report:

Global Extruded Polystyrene Insulation Materials Market Insights, Forecast to 2025

Global Extruded Polystyrene Insulation Materials market size will increase to 150 Million US$ by 2025, from 82 Million US$ in 2018, at a CAGR of 7.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Extruded Polystyrene Insulation Materials. Extruded polystyrene (XPS) insulation material provides exceptional long-term strength, durability, and resistance to moisture. It is commonly used for below-grade waterproofing and roof systems, where insulation is placed over the roof membrane. XPS foam sheathing provides insulating value to the entire wall area and reduces air leakage through walls on proper installation. This in turn improves energy efficiency and comfort. Moreover, XPS foam is advantageous to use over other insulating materials, owing to its ability to assist with moisture management, being resistant to both water absorption and freeze thaw cycles.

https://www.marketstudyreport.com/reports/global-extruded-polystyrene-insulation-materials-market-insights-forecast-to-2025

Read More: https://www.marketwatch.com/press-release/smart-glass-market-to-soar-at-192-cagr-to-2023-2018-11-29

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