Global Extruded Polystyrene Market Size Study & Forecast, by Application, End-Use, and Regional Forecasts 2025-2035

PUBLISHED: July 21, 2025

PAGES: 285 Pages

DELIVERY TIME: 2-3 business days

ADD TO COMPARE

SELECT AN OPTION

Description

The Global Extruded Polystyrene (XPS) Market is valued at approximately USD 5.65 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.20% during the forecast period from 2025 to 2035. As construction projects worldwide become increasingly driven by energy efficiency, thermal insulation, and material sustainability, extruded polystyrene has gained remarkable prominence as a high-performance insulating material. Known for its closed-cell structure, moisture resistance, and superior compressive strength, XPS has become an essential element in building envelopes-especially in regions with extreme weather conditions. The material's compatibility with green construction standards like LEED certification further reinforces its desirability across both developed and emerging markets.

Rapid urbanization coupled with booming infrastructure development has placed immense pressure on builders and architects to adopt materials that optimize energy consumption without compromising on durability or structural performance. In this landscape, XPS stands out not only for its technical capabilities but also for its long service life and resistance to degradation. It finds broad usage across applications such as foundations, walls, roofs, ceilings, and floors. Furthermore, the increasing emphasis on reducing operational carbon footprints is compelling developers to integrate advanced insulation materials like XPS into new and retrofit construction projects alike.

Regionally, North America dominates the market, underpinned by stringent building energy codes and a mature construction industry that continues to favor sustainable insulation materials. The U.S., in particular, is spearheading demand owing to massive residential and commercial renovation initiatives and favorable government regulations. Meanwhile, Europe trails closely behind with robust demand coming from countries like Germany, France, and the UK, where environmental mandates and zero-energy building trends are reshaping construction standards. The Asia Pacific region is projected to register the fastest growth, propelled by rapid infrastructure expansion in China, India, and Southeast Asian countries. Investments in affordable housing, urban redevelopment, and smart cities are accelerating the uptake of advanced insulating materials across the region.

Major market players included in this report are:

BASF SE
Owens Corning
Saint-Gobain
The Dow Chemical Company
Kingspan Group
Ravago Group
Knauf Insulation
Austrotherm GmbH
Ursa Insulation S.A.
Sunde Group
Supreme Petrochem Ltd.
Synthos S.A.
StyroChem International
Loyal Group
SABIC

Global Extruded Polystyrene Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Application:

Foundation
Wall
Roof
Ceiling
Floor
Others

By End-Use:

Residential Construction
Commercial Construction

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Extruded Polystyrene Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

Chapter 3. Global Extruded Polystyrene Market Forces Analysis

3.1. Market Forces Shaping The Global Extruded Polystyrene Market (2024-2035)
3.2. Drivers
- 3.2.1. Surge in demand for energy-efficient buildings
- 3.2.2. Rapid urbanization and infrastructure expansion
3.3. Restraints
- 3.3.1. Volatility in raw material prices
- 3.3.2. Environmental concerns and regulatory limitations
3.4. Opportunities
- 3.4.1. Growth in green building certifications and LEED compliance
- 3.4.2. Expansion in developing economies and smart city initiatives

Chapter 4. Global Extruded Polystyrene Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies 2025
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis and Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Extruded Polystyrene Market Size & Forecasts by Application 2025-2035

5.1. Market Overview
5.2. Global Extruded Polystyrene Market Performance - Potential Analysis 2025
5.3. Foundation
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Wall
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. Roof
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
5.6. Ceiling
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market size analysis, by region, 2025-2035
5.7. Floor
- 5.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.7.2. Market size analysis, by region, 2025-2035
5.8. Others
- 5.8.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.8.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Extruded Polystyrene Market Size & Forecasts by End-Use 2025-2035

6.1. Market Overview
6.2. Global Extruded Polystyrene Market Performance - Potential Analysis 2025
6.3. Residential Construction
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Commercial Construction
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Extruded Polystyrene Market Size & Forecasts by Region 2025-2035

7.1. Global Extruded Polystyrene Market, Regional Market Snapshot
7.2. Top Leading & Emerging Countries
7.3. North America Extruded Polystyrene Market
- 7.3.1. U.S.
  - 7.3.1.1. Application breakdown size & forecasts, 2025-2035
  - 7.3.1.2. End-Use breakdown size & forecasts, 2025-2035
- 7.3.2. Canada
  - 7.3.2.1. Application breakdown size & forecasts, 2025-2035
  - 7.3.2.2. End-Use breakdown size & forecasts, 2025-2035
7.4. Europe Extruded Polystyrene Market
- 7.4.1. UK
  - 7.4.1.1. Application breakdown size & forecasts, 2025-2035
  - 7.4.1.2. End-Use breakdown size & forecasts, 2025-2035
- 7.4.2. Germany
  - 7.4.2.1. Application breakdown size & forecasts, 2025-2035
  - 7.4.2.2. End-Use breakdown size & forecasts, 2025-2035
- 7.4.3. France
  - 7.4.3.1. Application breakdown size & forecasts, 2025-2035
  - 7.4.3.2. End-Use breakdown size & forecasts, 2025-2035
- 7.4.4. Spain
  - 7.4.4.1. Application breakdown size & forecasts, 2025-2035
  - 7.4.4.2. End-Use breakdown size & forecasts, 2025-2035
- 7.4.5. Italy
  - 7.4.5.1. Application breakdown size & forecasts, 2025-2035
  - 7.4.5.2. End-Use breakdown size & forecasts, 2025-2035
- 7.4.6. Rest of Europe
  - 7.4.6.1. Application breakdown size & forecasts, 2025-2035
  - 7.4.6.2. End-Use breakdown size & forecasts, 2025-2035
7.5. Asia Pacific Extruded Polystyrene Market
- 7.5.1. China
  - 7.5.1.1. Application breakdown size & forecasts, 2025-2035
  - 7.5.1.2. End-Use breakdown size & forecasts, 2025-2035
- 7.5.2. India
  - 7.5.2.1. Application breakdown size & forecasts, 2025-2035
  - 7.5.2.2. End-Use breakdown size & forecasts, 2025-2035
- 7.5.3. Japan
  - 7.5.3.1. Application breakdown size & forecasts, 2025-2035
  - 7.5.3.2. End-Use breakdown size & forecasts, 2025-2035
- 7.5.4. Australia
  - 7.5.4.1. Application breakdown size & forecasts, 2025-2035
  - 7.5.4.2. End-Use breakdown size & forecasts, 2025-2035
- 7.5.5. South Korea
  - 7.5.5.1. Application breakdown size & forecasts, 2025-2035
  - 7.5.5.2. End-Use breakdown size & forecasts, 2025-2035
- 7.5.6. Rest of Asia Pacific
  - 7.5.6.1. Application breakdown size & forecasts, 2025-2035
  - 7.5.6.2. End-Use breakdown size & forecasts, 2025-2035
7.6. Latin America Extruded Polystyrene Market
- 7.6.1. Brazil
  - 7.6.1.1. Application breakdown size & forecasts, 2025-2035
  - 7.6.1.2. End-Use breakdown size & forecasts, 2025-2035
- 7.6.2. Mexico
  - 7.6.2.1. Application breakdown size & forecasts, 2025-2035
  - 7.6.2.2. End-Use breakdown size & forecasts, 2025-2035
7.7. Middle East & Africa Extruded Polystyrene Market
- 7.7.1. UAE
  - 7.7.1.1. Application breakdown size & forecasts, 2025-2035
  - 7.7.1.2. End-Use breakdown size & forecasts, 2025-2035
- 7.7.2. Saudi Arabia
  - 7.7.2.1. Application breakdown size & forecasts, 2025-2035
  - 7.7.2.2. End-Use breakdown size & forecasts, 2025-2035
- 7.7.3. South Africa
  - 7.7.3.1. Application breakdown size & forecasts, 2025-2035
  - 7.7.3.2. End-Use breakdown size & forecasts, 2025-2035
- 7.7.4. Rest of Middle East & Africa
  - 7.7.4.1. Application breakdown size & forecasts, 2025-2035
  - 7.7.4.2. End-Use breakdown size & forecasts, 2025-2035

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. BASF SE
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
8.3. Owens Corning
8.4. Saint-Gobain
8.5. The Dow Chemical Company
8.6. Kingspan Group
8.7. Ravago Group
8.8. Knauf Insulation
8.9. Austrotherm GmbH
8.10. Ursa Insulation S.A.
8.11. Sunde Group
8.12. Supreme Petrochem Ltd.
8.13. Synthos S.A.
8.14. StyroChem International
8.15. Loyal Group
8.16. SABIC