Polystyrene Foam Market was valued at USD 26.47 Billion in 2021, and it is expected to reach USD 36.93 Billion by 2029, exhibiting a CAGR of 4.25 % during the forecast period (2022-2029)
Polystyrene Foam Market Overview
The Polystyrene Foam Market Report 2020-2029 (Forecast Period) examines market growth determinants, regional-level analysis, Polystyrene Foam market distributors, and competitive landscape analysis of major industry players. Every sector of the worldwide Polystyrene Foam market is thoroughly explored in the research report. The segment study reveals critical opportunities in the global Polystyrene Foam industry through leading segments. The global Polystyrene Foam market regional research aids readers in acquiring a full grasp of the recent and future developments of the various geographic marketplaces.
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Polystyrene Foam Market Scope
The report on Polystyrene Foam Market offers a thorough analysis of the industry that is equipped with a major key finding that includes major market drivers, opportunities, challenges, regional outlook, and growth rate. The report acts as a guide for investors as well as stakeholders in the Polystyrene Foam industry. The report provides the size of the Polystyrene Foam Market and the Compound Annual Growth Rate for the forecast period (2022 to 2029).
The bottom-up approach is used for the estimation of several market sectors. Regional analysis of the Polystyrene Foam Market is conducted at the local, regional, and global levels.
Segmentation :
Polystyrene Foam Industry Based on Foam Type, EPS resin segment accounts for the largest share in the Polystyrene Foam market. EPS is a lightweight thermoplastic material with unique capabilities due to its structure, which aids in the protection of the product. Because it is lightweight yet stiff foam with outstanding thermal insulation and great impact resistance, EPS is a suitable material for various purposes. However, crude oil price volatility and the availability of high-performance replacements are limiting market growth. During the forecast period, the simple recyclability of polystyrene products is likely to provide chances for the growth of the EPS market.
Key Players:
• DowDuPont Inc. (US)
• Drew Foam (US)
• Flint Hills Resources (US)
• AFP-sealed air (US)
• Alpek (Mexico)
• Carpenter Co. (US)
• Dart Container Corporation (US)
• Nova Chemicals Corp (Canada)
• Jiangsu Leasty Chemicals Co., Ltd. (China)
• Wuxi Xingda New Foam Plastics Materials Co., Ltd. (China)
• Taita Chemical Co., Ltd. (Taiwan)
• Kaneka Corporation (Japan)
• JSP Corporation (Japan)
• BASF SE (Germany)
• Xella International (Germany)
• Synthos S.A (Poland)
• Sunpor Kunststoff GmbH (Austria)
• SUNPOR Kunststoff GmbH (Austria)
• Versalis S.p.A (Italy)
• ChovA (Spain)
• Knauf Insulation (Belgium)
• SABIC (Saudi Arabia)
• Arkema S.A. (France)
• Kingspan Group (Ireland)
• O. N. Sunde AS (Norway)
• Ravago Group (Belgium)
Regional Analysis
The report on the Polystyrene Foam Market’s growth provides a detailed regional analysis. It analysis the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, Polystyrene Foam market research gains a better perspective and understanding of the market and target audience.
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Key Questions answered in the Polystyrene Foam Market Report are:
Key offerings:
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Mar 06, 2023