Feb 3, 2021   SOURCE: BusinessWire

Global Expandable Polystyrene (EPS) Market Outlook to 2027 - Players Include Plasti-Fab, Atlas EPS and BASF Among Others - ResearchAndMarkets.com

The "Expandable Polystyrene (EPS) - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

According to this report, the Global Expandable Polystyrene (EPS) market accounted for $8,528.32 kilotons in 2019 and is expected to reach $14,327.77 kilotons by 2027 growing at a CAGR of 6.7% during the forecast period.

Increasing constructions and packaging industries in developing countries are the major factors propelling market growth. However, the instability in crude oil prices is hampering market growth.

Extended Polystyrene (EPS) is the nonexclusive business name utilized for white unbending material produced using the extended polystyrene dots. It is a lightweight, inflexible, plastic froth protecting material delivered from strong globules of polystyrene. The EPS globules are extended lastly formed into bigger EPS squares which are additionally utilized for dividers, rooftops, floors, slither spaces and structural shapes.

Based on the end user, the automotive segment is going to have lucrative growth during the forecast period due to growing demand for expanded polystyrene in automobile parts, such as storage compartments, headrest and seats, footpads, and bumper systems. Expanded polystyrene is used in the automotive application on account of its properties such as lightness, impact resistance, and shock absorption.

By geography, Asia Pacific is going to have lucrative growth during the forecast period due to the growing demand from the domestic front and increasing income levels. The easy availability of low-cost labor and economical & accessible raw materials are increasing the production of EPS in the region, thereby driving foreign investments.

Companies Mentioned

  • Insulation Corporation of America
  • The Dow Chemical Company
  • Plasti-Fab
  • Dabo Precision Co., Ltd
  • Kaneka Corporation
  • Atlas EPS.
  • BASF SE
  • Nantong Chaoda Machinery and Technology Co., Ltd
  • Sunghoon Tech Ltd
  • British Plastic Federation
  • ACH FOAM Technology
  • FORTE EPS Solution Inc
  • KNAUF Industries
  • Synthos S.A

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019 2020, 2024, and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 End User Analysis

3.8 Emerging Markets

3.9 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Expandable Polystyrene (EPS) Market, By Type

5.1 Introduction

5.2 Type IV

5.3 Type III

5.4 Type II

5.5 Type I

6 Global Expandable Polystyrene (EPS) Market, By Process

6.1 Introduction

6.2 Shape Molding

6.3 Black Molding

7 Global Expandable Polystyrene (EPS) Market, By Material

7.1 Introduction

7.2 Expanded Beads

7.3 Raw Beads

8 Global Expandable Polystyrene (EPS) Market, By Product Type

8.1 Introduction

8.2 Black

8.3 Grey and Silver

8.4 White

9 Global Expandable Polystyrene (EPS) Market, By Application

9.1 Introduction

9.2 Safety Devices

9.3 Packaging

9.4 Insulation

9.5 Geofoams

9.6 Foaming

9.7 Floatation Billets

9.8 Component Manufacturing

9.9 Chemical Intermediate

9.10 Other Applications

9.10.1 Surfboards

9.10.2 Slider

9.10.3 Infant Car Seat

9.10.4 Houses

9.10.5 Air Condition Units

10 Global Expandable Polystyrene (EPS) Market, By End User

10.1 Introduction

10.2 Building & Construction

10.3 Consumer Goods

10.4 Automotive

10.5 Medical

10.6 Marine

10.7 Sports & Leisure

10.8 Agriculture

10.9 Domestic Appliances

10.10 Consumer Electronics

10.11 Electrical & Electronics

10.12 Food & Beverages

10.13 Aerospace and Defence

11 Global Expandable Polystyrene (EPS) Market, By Geography

11.1 Introduction

11.2 North America

11.3 Europe

11.4 Asia Pacific

11.5 South America

11.6 Middle East & Africa

12 Key Developments

12.1 Agreements, Partnerships, Collaborations and Joint Ventures

12.2 Acquisitions & Mergers

12.3 New Product Launch

12.4 Expansions

12.5 Other Key Strategies

13 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/6r5g4l