PUBLISHER: Grand View Research | PRODUCT CODE: 1814020
PUBLISHER: Grand View Research | PRODUCT CODE: 1814020
The global expanded polystyrene market size was estimated at USD 17.82 billion in 2024 and is projected to reach USD 29.04 billion by 2033, growing at a CAGR of 5.6% from 2025 to 2033. The growth is attributed to the increasing influence of social factors such as improving occupant health and well-being, encouraging sustainable business practices, and creating a sense of community.
The Expanded Polystyrene (EPS) market is expected to experience steady growth, driven by rising demand in sectors such as construction, packaging, automotive, and consumer goods. Its lightweight nature, excellent thermal insulation, impact resistance, and moisture resistance make it a preferred material for energy-efficient buildings, protective packaging, and durable components. In construction, EPS contributes to enhanced energy conservation and cost savings, while in packaging, it ensures product safety during transportation. The market is further influenced by advancements in recycling technologies, increasing emphasis on sustainable building materials, and stricter energy efficiency regulations across developed and emerging economies.
In addition, rising infrastructure investments, rapid urbanization, and growth in e-commerce and retail sectors are contributing to a broader adoption of expanded polystyrene. With industries focusing on performance, cost efficiency, and compliance with environmental regulations, steady growth in the EPS market is anticipated in the coming years.
Global Expanded Polystyrene Market Report Segmentation
This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2025 to 2033. For this study, Grand View Research has segmented the global expanded polystyrene market report based on product, application, and region: