Expandable Polystyrene Market Report: Trends, Forecast and Competitive Analysis to 2030

Expandable Polystyrene Trends and Forecast

The future of the global expandable polystyrene market looks promising with opportunities in the construction, packaging, and automotive applications. The global expandable polystyrene market is expected to reach an estimated $16.2 billion by 2030 with a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are upsurge demand for this substrate in the building and construction industry and growing need for lightweight materials in the automotive sector.

A more than 150-page report is developed to help in your business decisions.

Expandable Polystyrene by Segment

The study includes a forecast for the global expandable polystyrene by product type, application, and region.

Expandable Polystyrene Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• White
• Grey
• Others

Expandable Polystyrene Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Construction
• Packaging
• Automotive
• Others

Expandable Polystyrene Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Expandable Polystyrene Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies expandable polystyrene companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the expandable polystyrene companies profiled in this report include-

• Atlas Roofing
• Alpek
• BASF
• Kaneka
• SIBUR Holding
• BEWI
• SUNPOR
• Synthos
• TotalEnergies
• Flint Hills Resources

Expandable Polystyrene Market Insights

Lucintel forecasts that white will remain the larger segment over the forecast period due to its extensive use in packaging applications, including consumer goods packaging, electronics product packaging, and food packaging of food trays.

Within this market, construction will remain the largest segment due to significant application of expandable polystyrene in this sector given to its great thermal insulation, low weight, chemical inertness, and resistance to bacteria and pests.

APAC will remain the largest region over the forecast period due to increasing demand for expandable polystyrene in various sectors, such as construction, packaging, and automotive in the region.

Features of the Global Expandable Polystyrene Market

Market Size Estimates: Expandable polystyrene market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Expandable polystyrene market size by product type, application, and region in terms of value ($B).

Regional Analysis: Expandable polystyrene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the expandable polystyrene market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the expandable polystyrene market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the expandable polystyrene market size?

Answer: The global expandable polystyrene market is expected to reach an estimated $16.2 billion by 2030.

Q2. What is the growth forecast for expandable polystyrene market?

Answer: The global expandable polystyrene market is expected to grow with a CAGR of 8.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the expandable polystyrene market?

Answer: The major drivers for this market are upsurge demand for this substrate in the building and construction industry and growing need for lightweight materials in the automotive sector.

Q4. What are the major segments for expandable polystyrene market?

Answer: The future of the expandable polystyrene market looks promising with opportunities in the construction, packaging, and automotive applications.

Q5. Who are the key expandable polystyrene market companies?

Answer: Some of the key expandable polystyrene companies are as follows:

• Atlas Roofing
• Alpek
• BASF
• Kaneka
• SIBUR Holding
• BEWI
• SUNPOR
• Synthos
• TotalEnergies
• Flint Hills Resources

Q6. Which expandable polystyrene market segment will be the largest in future?

Answer: Lucintel forecasts that white will remain the larger segment over the forecast period due to its extensive use in packaging applications, including consumer goods packaging, electronics product packaging, and food packaging of food trays.

Q7. In expandable polystyrene market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to increasing demand for expandable polystyrene in various sectors, such as construction, packaging, and automotive in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the expandable polystyrene market by product type (white, grey, and others), application (construction, packaging, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?