PUBLISHER: Allied Market Research | PRODUCT CODE: 1179633
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179633
The global expanded polystyrene (EPS) insulated panels market was valued at $428.9 million in 2021, and is projected to reach $794.36 million by 2031, registering a CAGR of 6.2% from 2022 to 2031. An Expanded Polystyrene (EPS) insulated panel is a type of panel that is used for construction of floors, ceilings, roofs and walls. The EPS insulated panels consists of the expanded polystyrene sandwiched between two outer skins of Oriented Standard Board(OSB).
Rapid rise in demand for green building and energy-efficient homes drives the market growth. However, the budgetary recession in certain regions, on the other hand, is projected to restrain the market expansion. Various key players are building their product portfolio by launching new and advanced energy saving panels for residential, commercial, warehouses, and cold storage. In addition, government initiatives for green building and energy-efficient buildings are expected to provide lucrative growth opportunities for the market during the forecast period.
The expanded polystyrene (EPS) insulated panels market is segmented on the basis of thickness, type, application and region. By thickness, the market is divided into upto 100 mm, 100 - 200 mm and above 200 mm. By type, the market is bifurcated into wall panel and roof panel. By end user, the market is divided into construction and non-construction. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The major players profiled in the expanded polystyrene (EPS) insulated panels market include Armacell, Brucha, E-Pack Polymers Private Limited, Isomec, Jablite, Kamaksha Thermocol, Lattonedil S.P.A Milano, Nucor Corporation, Styrene Packaging & Insulation Ltd. and Tecknopanel. Major companies in the market have adopted product launch, business expansion, agreement and acquisition as their key developmental strategies to offer better products and services to customers in the expanded polystyrene (EPS) insulated panels market.
Key Benefits For Stakeholders
By Types
By End User
By Thickness
By Region