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Expanded Polystyrene Market research report categorizes the global market by Application (Building & Construction, Packaging), Product Type (White, Grey, Black), & by Region (Asia-Pacific, Europe, North America, Middle East & Africa, South America).
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Expanded Polystyrene Market: New Product Developments, Agreements & Partnerships The global expanded polystyrene market is projected to reach USD 18.97 Billion by 2022, at a CAGR of 5.1% from 2017 to 2022. Growing construction activities and increase in the demand for packaged food has led to an increase in the demand for expanded polystyrene from the building & construction and packaging industries. The rising demand from end-use industries in countries across the globe is expected to further fuel the growth of the expanded polystyrene market. Building & construction is estimated to be the largest segment of the market in 2017, in terms of volume, followed by the packaging segment. The rising demand for new and innovative products, and need for research & development in expanded polystyrene has led to companies adopting organic and inorganic growth strategies to increase their market shares. For More Info. Kindly Visit This Link: https://www.marketsandmarkets.com/Market-Reports/expanded-polystyrene-market-1138.html White expanded polystyrene estimated to be the leading product type segment of the market. The demand for white expanded polystyrene is driven by the adoption of expanded polystyrene in various applications. White expanded polystyrene is a rigid, closed-cell foam plastic. It has persistent thermal properties, stable dimensions for varied end use, excellent mechanical properties, recyclable, and non-corrosive. The Asia-Pacific region is projected to witness the highest growth in the expanded polystyrene market, in terms of value and volume, from 2017 to 2022. Increased construction activities and the rise in demand for packaged food products, due to increasing population and rising disposable income is expected to drive the expanded polystyrene market in the region. Building & construction: the leading end-use industry segment of the expanded polystyrene market Expanded polystyrene resins are commonly used materials in the building & construction industry. Apart from its application in insulation, expanded polystyrene foam is also used inroad foundations, void forming, flotation, drainage, impact sound insulation, modular construction elements, cellular bricks, bridges, railway lines, public buildings, or even small family residences, among others. Excellent mechanical properties, quick construction/assembly ability, and low subsequent maintenance of expanded polystyrene makes it a preferred material in the building & construction industry. Changing consumer preferences and growing need for technologically-advanced products is expected to boost the market for expanded polystyrene. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=1138 Grey expanded polystyrene: the fastest-growing product type segment of the expanded polystyrene market Grey expanded polystyrene materials with lesser thermal conductivities but better insulation properties than the white expanded polystyrene have been developed, with the purpose of improving the energy efficiency of the buildings. Graphite, which is used in grey expanded polystyrene, reduces the amount of radiant heat that moves through the expanded polystyrene. The use of graphite in expanded polystyrene helps reduce heat transfer through the material by 9-21%, depending on density. The grey expanded polystyrene segment is projected to witness higher growth than that the white expanded polystyrene segment in the next five years.
Key Target Audience: • • • • • • • • • Manufacturers of Expanded Polystyrene Raw material Suppliers Product Type Providers Industry Associations Traders and Distributors of Expanded Polystyrene Research Institutes and Government Organizations Market Research and Consulting Firms Manufacturers in Applications, such as Building & Construction, Packaging, and Others Environment Protection Agencies Based on Product Type: • • • White Expanded Polystyrene Grey Expanded Polystyrene Black Expanded Polystyrene Based on Application: • • • Building & Construction Packaging Others About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: email@example.com