Expanded Polystyrene Market_PPT
                     Expanded Polystyrene MARKET 2020
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Expanded Polystyrene MARKET 2020
Expanded Polystyrene Market 2020: Industry Survey, Growth, Competitive
Landscape and Forecasts to 2023
Expanded Polystyrene comprises of large number of styrene monomers, which are used to design moldable, flexible and 
disposable materials in the industry. It has various significant properties such as excellent lightweight, durable, and moisture 
resistance. Furthermore it provide versatility and reliability to the product.
The Global Expanded Polystyrene Market has been driven by the scope of its application in various sectors such as construction & 
buildings, packaging, automotive, and others. Moreover, it is estimated that the packaging segment is set to witness the highest 
growth in the market due to the growing consumption of low density materials over the forecast period.
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Expanded Polystyrene MARKET 2020
Market Segmentation:
The Global Expanded Polystyrene Market is segregated into type and application. On the basis of the type, the market is further 
categorized into white, grey, and black expanded polystyrenes. The white Expanded Polystyrene is the most widely used type in 
the market due to its growing consumption in egg trays, vegetables, fish, poultry, and others. Moreover, waterproof resistance and 
superior mechanical durable nature are the major factors behind the popularity of this segment. The grey Expanded Polystyrene 
segment is set to drive the market on a slow pace due to its high cost effective nature during the assessment period.
On the basis of the application, the market is segmented into construction & buildings, packaging, automotive, and others. Between 
these, the packaging is the leading segment in the market and is anticipated to observe a rapid growth due to an increased demand 
for lightweight materials in various applications. Additionally, the automotive segment is predicted to witness a higher growth in 
the industry due to growing substitution of heavy metals by lightweight materials.
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Expanded Polystyrene MARKET 2020
Regional Analysis
The Global Expanded Polystyrene Market is spanned across five key regions namely Asia Pacific, North America, Europe, Latin 
America, and the Middle East & Africa. Among these, Asia Pacific holds the major portion of the global market and is anticipated to 
continue its dominance due to rising demand for Expanded Polystyrene Market in various applications. Countries such as China, 
Japan and India are the major players in this region. The North America region is estimated to witness a higher growth in the U.S, 
Canada and Mexico owing to increasing demand for lightweight materials in packaging, automotive, and construction & buildings 
sectors. The enactment of new rules and regulations set by the European Union has driven the manufacturers to use polystyrene 
foam in the end-use industries. Moreover, it is projected that the advancing research & development of product in the market has 
propelled this region to witness a significant growth in Germany, the U.K. and Italy.
The Middle East & Africa is estimated to observe a significant growth due to increasing consumption of lightweight materials in 
construction & buildings, packaging and automotive sectors. Additionally, the growing demand for humid resistant and low 
density materials in construction & buildings industry is projected to boost the market in the Latin American region.
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yrene-market-4834
 
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Expanded Polystyrene MARKET 2020
Application & Major Players in this Research:
Expanded Polystyrene Market Prominent Players:
Some of the major players functioning in the Global Expanded Polystyrene Market are BASF SE (Germany), ACH Foam 
Technologies, Inc (U.S.), Kaneka Corporation (Japan), SABIC (Saudi Arabia), Alpek S.A.B. de C.V (Mexico), Synbra Holding bv (the 
Netherlands), NOVA Chemicals Corporation (Canada),  StyroChem® (Canada), Unipol Holland B.V. (the Netherlands), and Versalis 
S.p.A (Italy) among others.
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