Expanded Polystyrene Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027

Published on : Sep-2019 | List of Tables : 81 | List of Figures : 69 | No. of Pages : 170 | Report Code : FACT4080MR | Format :

Expanded Polystyrene: A route to Reinventing the Construction Sector

Shifting Focus towards Environmentally Sustainable Construction Materials 

The increasing inclination towards eco-friendly construction polymers have increased the demand of Expanded Polystyrene in the construction sector. Various studies suggest that greenhouse gas emissions from buildings might reach an alarming state in the near future, if proper measures are not taken. A report from the U.S. Green Building Council revealed that commercial and residential building sector accounts for more than one-third of the total carbon dioxide (CO2) emissions in the United States per year. Countries such as China and India are realizing the environmental implications of robust industrial development and urbanization. The above mentioned factors and government measures towards ecofriendly construction materials are anticipated to fuel the growth of global expanded polystyrene market.

Key Growth Area in the Construction Sector  

Growth of the construction sector is creating opportunities for new construction materials. The construction sector is becoming one of the largest consumers of polymer composites. The construction and building industry is well aware of the challenges it is likely to face in the next millennium and thereby continuously seeks for new solutions. This is creating opportunities for expanded polystyrene as they can resolve some of the most critical as well as common issues in constructions. Use of expanded polystyrene can facilitate the production of cost-effective and energy-efficient materials. The innovation of existing materials, to the development of new material combinations and additional multifunctional characteristics, have benefited the players in expanded polystyrene market.  Concurrently, these polymer-based materials have additional properties, which are often not found in conventional materials. Expanded polystyrene is witnessing a high adoption, as a construction material and is also mixed with ceramics and metals in order to develop essential engineering materials that are used for constructing buildings, bridges and other infrastructure.

expanded polystyrene market

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Widespread Application in Food Packaging to Support the Growth of the Market.

Consumers are always on the move; this is majorly impacting the food consumption habit of consumers. Hence, companies are developing portable, easy-to-handle packages maintaining both quality and quantity of food products. This is escalating the growth of global Expanded Polystyrene market. Expanded Polystyrene is used in packaging of fish and shell fish, meat, fruits, ice cream and others. Consumers are seeking a quick and easy solution for food consumption, especially during lunchtime and breakfast. Hence, brands are focusing on offering nutritious meals in convenient food packaging. Offering convenience is becoming a priority for brands and manufacturers. The above factors will positively affect the demand of Expanded Polystyrene market.

Recycling Deadlocks to Coerce Market Players towards Extending Provisions on Reuse

Foams made of plastic or synthetic polymers such as Expanded Polystyrene cannot be recycled. Such foam materials are being actively used in production of high-performance protective packaging solutions. Regulatory bodies are levying penalties on several leading players in the global foam protective packaging market to limit the production of Expanded Polystyrene-based foam, also known as Styrofoam. Consumers are becoming more aware towards the adverse effects of waste Styrofoam on the environment. Avoiding the purchase of products packed in Expanded Polystyrene is a deteriorating trend for the growth of the global foam protective packaging market. Moreover, inability to recycle has left companies at the tenterhooks of spending capital towards procurement of used Expanded Polystyrene. Companies are being forced to reuse their products and reproduce new ones, which is also entailing expensive modifications in the production machineries.

Standout Engineering Capabilities Pave the Way for Growth                                    

In recent years, polymers have become extremely important as engineering materials. In terms of application, they are now successfully competing with other major classes of materials. Expanded Polymer has found renewed vigor in the construction industry. This is because Expanded Polystyrene come with capabilities such as low thermal conductivity, low weight, mechanical resistance, low water absorption, chemical resistance and others. Moreover, ease of handling and installation is anticipated to fuel the demand of Expanded Polystyrene in forecast period.

expanded polystyrene market competition analysis

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Large-Scale Players Routinely Subcontract to Smaller Specialized Players

The most prominent companies that are active in the global Expanded Polystyrene market are BASF SE, Total S.A., Alpek, S.A.B. De C.V., Trinseo SA, Wuxi Xingda New Foam Plastics Materials Co., Ltd., Synthos S.A. These companies resuming the marking of Expanded polystyrene and are able to guarantee a high level of reliability and quality consistency. The leading players are engaged in expanding the production capacity of Expanded Polystyrene and also performing R&D for enhancing the quality of products.

For e.g.

  • On 15 June 2018, At the Ulsan site in Korea, BASF a German chemical company and leading chemical producer across the globe, switched the plant´s entire 85,000 metric tons’ capacity from the classic white EPS (expanded polystyrene) Styropor® to the improved insulation raw material Neopor (gray EPS). This will allow the company to meet the growing demand for the gray material in the Asian market.
  •  On 31 Jan 2019, Styropek Mexico began a collaboration with one of its EPS suppliers to collect pentane emissions from the EPS bead pre-expansion and stabilization process.

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Expanded Polystyrene Market – Scope of the report

This report provides a forecast and analysis of the Expanded Polystyrene market. It provides historical data of 2013 along with estimated data for 2019, and forecast data up to 2027 in terms of revenue (US$ Mn) and Volume (Thousand Tons), according to a Fact.MR study. The research propounds key trends that are currently influencing growth of the Expanded Polystyrene market along with the macro-economic indicators. This newly published and insightful report sheds light on key dynamics, and their impact on overall value chain from component suppliers to end users, which are expected to transform the future of the Expanded Polystyrene market.

The report also comprises the study of current issues with end users and opportunities for Expanded Polystyrene products. It also contains value chain analysis along with key market participants. In order to provide users of this report with a comprehensive view of the market, we have included detailed competitive analysis about market key players and strategic overviews. The dashboard provides a detailed comparison of Expanded Polystyrene manufacturers on parameters such as total revenue, product offerings and key strategy. A list of key companies operating in the Expanded Polystyrene market provided in the report adds to the credibility of this exhaustive research study.

Expanded Polystyrene Market: In-Depth Assessment on Key Segments-

The global Expanded Polystyrene market is segmented by product, end-use and region

Product

End Use

Region

White

Building & Construction

North America

Grey

Packaging

Latin America

Black

Others (Automotive, Medical, etc.)

Europe

 

 

East Asia

 

 

South Asia & Oceania

 

 

MEA

Country-specific assessment on demand for the Expanded Polystyrene has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous Expanded Polystyrene manufacturers, experts and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report.

The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecast based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major companies operating in the Expanded Polystyrene market analyzed are BASF SE, Total S.A., Alpek, S.A.B. De C.V., Trinseo SA Sunpor Kunststoff GmbH, Versalis S.P.A., Flint Hills, Resources, LLC, PJSC Sibur Holding, Nova Chemicals Corporation Saudi Basic Industries Corporation (SABIC), Kaneka Corporation, Atlas Roofing Corporation, Bewisynbra Group, and others

Expanded Polystyrene Market: Research Methodology

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered have been validated using the triangulation method to offer useful quantitative and qualitative insights on the Expanded Polystyrene market.

For ascertaining the market size on the basis of volume and value, revenues generated by leading players, coupled with their production capacities are taken into consideration. Backed by a proven & tested research approach, the report offered necessary information on the Expanded Polystyrene market. Qualitative aspects gained from industry experts and opinion leaders have also been adhered to by the analysts while developing this insightful report on the Expanded Polystyrene market. Secondary research is leveraged for ascertaining the overall size of the Expanded Polystyrene market.

A short market viewpoint offered in the report elucidates the macro-economic aspects that influences the growth of the Expanded Polystyrene market, which includes global GDP growth rate, various industries growth rate, such as construction industry and packaging industry among others. This report serves as an authentic resource of intelligence on the Expanded Polystyrene market, enabling the readers to take fact-based decisions on the future direction of their businesses.

1. Global Expanded Polystyrene Market - Executive Summary
    1.1. Summary of Key Findings
    1.2. Summary of Key Statistics
    1.3. Key Market Characteristics & Attributes
    1.4. Opportunity Assessment
    1.5. Fact.MR Analysis and Recommendations
2. Global Expanded Polystyrene Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Key Market Trends and Opportunity Evaluation
    3.1. Key Trends Impacting the Market 
    3.2. Mega Trends
4. Market Background 
    4.1. Global Thermoplastic Industry Overview, 2018
    4.2. Global Styrene Market Overview, 2018
    4.3. Policy and Regulatory Landscape, by Region / Countries
    4.4. Market White Space Assessment and Opportunity Analysis
    4.5. Recent Industry Developments
        4.5.1. Product Launches
        4.5.2. Acquisition & Mergers
        4.5.3. Expansions
        4.5.4. Other Notable Developments
    4.6. Global Expanded Polystyrene Market – Production Scenario
    4.7. Global Expanded Polystyrene Market – Trade Analysis
    4.8. Macro-Economic Factors - Relevance & Impact 
        4.8.1. Global GDP Growth Outlook
        4.8.2. Construction Industry Growth
        4.8.3. Packaging Industry Growth
    4.9. Forecast Factors - Relevance & Impact 
        4.9.1. Increasing Construction Activities
        4.9.2. Food Packaging Growth Outlook
        4.9.3. Automotive Industry Growth Outlook
        4.9.4. Other Factors
    4.10. Value Chain Analysis and Operating Margins 
        4.10.1. List of Key Market Participants 
        4.10.2. List of Key Channel Partners 
        4.10.3. Profitability and Operating Margins 
    4.11. Market Dynamics 
        4.11.1. Drivers 
        4.11.2. Industry Challenges 
    4.12. Associated Industry Assessment
        4.12.1. Global Construction Sector Outlook
        4.12.2. Global Packaging Sector Outlook
5. Global Expanded Polystyrene Market Size (US$ Mn) & Volume (‘000 Tons) and Forecast
    5.1. Historical Market Value (US$ Mn) & Volume (‘000 Tons) Analysis, 2013-2018
    5.2. Current and Future Market Value (US$ Mn) & Volume (‘000 Tons) Projections, 2019-2027
    5.3. Y-o-Y Growth Trend Analysis
    5.4. Cost Structure Analysis
    5.5. Regional Pricing Analysis by End-Use Industry, 2018
    5.6. Factors Influencing Pricing
6. Global Expanded Polystyrene Market Analysis and Forecast 2013-2027
    6.1. Global Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
        6.1.1. White
        6.1.2. Grey
        6.1.3. Black
    6.2. Global Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by End-Use Industry
        6.2.1. Building & Construction
        6.2.2. Packaging
        6.2.3. Others (Automotive, Medical, etc.) 
    6.3. Global Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Region
        6.3.1. North America
        6.3.2. Latin America
        6.3.3. Europe
        6.3.4. East Asia
        6.3.5. South Asia & Oceania
        6.3.6. Middle East & Africa
7. North America Expanded Polystyrene Market Analysis and Forecast 2013-2027
    7.1. North America Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Country
        7.1.1. US
        7.1.2. Canada
    7.2. North America Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast, by Product Type
        7.2.1. White
        7.2.2. Grey
        7.2.3. Black
    7.3. North America Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027 By End-Use Industry
        7.3.1. Building & Construction
        7.3.2. Packaging
        7.3.3. Others (Automotive, Medical, etc.)
8. Latin America Expanded Polystyrene Market Analysis and Forecast 2013-2027
    8.1. Latin America Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Country
        8.1.1. Brazil
        8.1.2. Mexico
        8.1.3. Argentina
        8.1.4. Rest of Latin America
    8.2. Latin America Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
        8.2.1. White
        8.2.2. Grey
        8.2.3. Black
    8.3. Latin America Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027 by End-Use Industry
        8.3.1. Building & Construction
        8.3.2. Packaging
        8.3.3. Others (Automotive, Medical, etc.)
9. Europe Expanded Polystyrene Market Analysis and Forecast 2013-2027
    9.1. Europe Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Country
        9.1.1. EU-5
        9.1.2. BENELUX
        9.1.3. NORDICS
        9.1.4. Eastern Europe
        9.1.5. Rest of Europe
    9.2. Europe Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
        9.2.1. White
        9.2.2. Grey
        9.2.3. Black
    9.3. Europe Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by End-Use Industry
        9.3.1. Building & Construction
        9.3.2. Packaging
        9.3.3. Others (Automotive, Medical, etc.)
10. East Asia Expanded Polystyrene Market Analysis and Forecast 2013-2027
    10.1. East Asia Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Country
        10.1.1. Greater China
        10.1.2. Japan
        10.1.3. South Korea
    10.2. East Asia Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
        10.2.1. White
        10.2.2. Grey
        10.2.3. Black
    10.3. East Asia Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by End-Use Industry
        10.3.1. Building & Construction
        10.3.2. Packaging
        10.3.3. Others (Automotive, Medical, etc.)
11. South Asia & Oceania Expanded Polystyrene Market Analysis and Forecast 2013-2027
    11.1. South Asia & Oceania Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Country
        11.1.1. India
        11.1.2. Thailand
        11.1.3. Indonesia
        11.1.4. Malaysia
        11.1.5. Australia
        11.1.6. Rest of South Asia & Oceania
    11.2. South Asia & Oceania Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
        11.2.1. White
        11.2.2. Grey
        11.2.3. Black
    11.3. South Asia & Oceania Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by End-Use Industry
        11.3.1. Building & Construction
        11.3.2. Packaging
        11.3.3. Others (Automotive, Medical, etc.)
12. Middle East & Africa Expanded Polystyrene Market Analysis and Forecast 2013-2027
    12.1. Middle East & Africa Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Country
        12.1.1. GCC Countries
        12.1.2. Turkey
        12.1.3. Northern Africa
        12.1.4. South Africa
        12.1.5. Rest of Middle East & Africa
    12.2. Middle East & Africa Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
        12.2.1. White
        12.2.2. Grey
        12.2.3. Black
    12.3. Middle East & Africa Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by End-Use Industry
        12.3.1. Building & Construction
        12.3.2. Packaging
        12.3.3. Others (Automotive, Medical, etc.)
13. Global Expanded Polystyrene Market – Prominent Countries Analysis 
    13.1. Market Proportion Analysis, By Key Countries
    13.2. Global Vs. Country Growth Comparison
    13.3. US Expanded Polystyrene Market
        13.3.1. US Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
            13.3.1.1. White
            13.3.1.2. Grey
            13.3.1.3. Black
        13.3.2. US Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by End-Use Industry
            13.3.2.1. Building & Construction
            13.3.2.2. Packaging
            13.3.2.3. Others (Automotive, Medical, etc.)
    13.4. China Expanded Polystyrene Market
        13.4.1. China Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
            13.4.1.1. White
            13.4.1.2. Grey
            13.4.1.3. Black
        13.4.2. China Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by End-Use Industry
            13.4.2.1. Building & Construction
            13.4.2.2. Packaging
            13.4.2.3. Others (Automotive, Medical, etc.)
    13.5. Germany Expanded Polystyrene Market
        13.5.1. Germany Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by Product Type
            13.5.1.1. White
            13.5.1.2. Grey
            13.5.1.3. Black
        13.5.2. Germany Expanded Polystyrene Market Value & Volume Analysis 2013-2018 and Forecast 2019-2027, by End-Use Industry
            13.5.2.1. Building & Construction
            13.5.2.2. Packaging
            13.5.2.3. Others (Automotive, Medical, etc.)
14. Competitive Assessment
    14.1. Global Expanded Polystyrene Market Structure
    14.2. Global Expanded Polystyrene Competitor Market Footprint Matrix
    14.3. Global Expanded Polystyrene Market Competition - a Dashboard View
    14.4. Global Expanded Polystyrene Market Company Share Analysis
    14.5. Key Participants Market Presence (Intensity Mapping) by Region
15. Company Profiles
    15.1. BASF SE
        15.1.1. Company Overview
        15.1.2. Competition Standpoint
        15.1.3. Product Overview
        15.1.4. Key Financials
        15.1.5. Analyst Comments
    15.2. Total S.A.
        15.2.1. Company Overview
        15.2.2. Competition Standpoint
        15.2.3. Product Overview
        15.2.4. Key Financials
        15.2.5. Analyst Comments
    15.3. Alpek, S.A.B. De C.V.
        15.3.1. Company Overview
        15.3.2. Competition Standpoint
        15.3.3. Product Overview
        15.3.4. Key Financials
        15.3.5. Analyst Comments
    15.4. Trinseo SA
        15.4.1. Company Overview
        15.4.2. Competition Standpoint
        15.4.3. Product Overview
        15.4.4. Key Financials
        15.4.5. Analyst Comments
    15.5. Sunpor Kunststoff GmbH
        15.5.1. Company Overview
        15.5.2. Competition Standpoint
        15.5.3. Product Overview
        15.5.4. Key Financials
        15.5.5. Analyst Comments
    15.6.  Versalis S.P.A.
        15.6.1. Company Overview
        15.6.2. Competition Standpoint
        15.6.3. Product Overview
        15.6.4. Key Financials
        15.6.5. Analyst Comments
    15.7. Flint Hills Resources LLC
        15.7.1. Company Overview
        15.7.2. Competition Standpoint
        15.7.3. Product Overview
        15.7.4. Key Financials
        15.7.5. Analyst Comments
    15.8. PJSC Sibur Holding
        15.8.1. Company Overview
        15.8.2. Competition Standpoint
        15.8.3. Product Overview
        15.8.4. Key Financials
        15.8.5. Analyst Comments
    15.9. Nova Chemicals Corporation
        15.9.1. Company Overview
        15.9.2. Competition Standpoint
        15.9.3. Product Overview
        15.9.4. Key Financials
        15.9.5. Analyst Comments
    15.10. Saudi Basic Industries Corporation (SABIC)
        15.10.1. Company Overview
        15.10.2. Competition Standpoint
        15.10.3. Product Overview
        15.10.4. Key Financials
        15.10.5. Analyst Comments
    15.11. Kaneka Corporation
        15.11.1. Company Overview
        15.11.2. Competition Standpoint
        15.11.3. Product Overview
        15.11.4. Key Financials
        15.11.5. Analyst Comments
    15.12. Atlas Roofing Corporation
        15.12.1. Company Overview
        15.12.2. Competition Standpoint
        15.12.3. Product Overview
        15.12.4. Key Financials
        15.12.5. Analyst Comments
    15.13. Bewisynbra Group
        15.13.1. Company Overview
        15.13.2. Competition Standpoint
        15.13.3. Product Overview
        15.13.4. Key Financials
        15.13.5. Analyst Comments
    15.14. Wuxi Xingda New Foam Plastics Materials Co., Ltd.
        15.14.1. Company Overview
        15.14.2. Competition Standpoint
        15.14.3. Product Overview
        15.14.4. Key Financials
        15.14.5. Analyst Comments
    15.15. Synthos S.A.
        15.15.1. Company Overview
        15.15.2. Competition Standpoint
        15.15.3. Product Overview
        15.15.4. Key Financials
        15.15.5. Analyst Comments
16. Disclaimer & Contact Information

 

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Expanded Polystyrene Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027