Quick Summary:
In an era of constant technological advancements, staying updated on emerging trends is imperative for key industry leaders. Our newly released market research report on the rapidly expanding Global Expanded Polystyrene Market provides vital information for stakeholders within this dynamic sector.
The report offers a comprehensive analysis, projecting the market's potential growth from an estimated worth of US$10.9 billion in 2022 to an expected US$16.4 billion by 2030. It includes an in-depth look into dominant segments like 'White', and emerging markets like China, predicted to reach a market size of US$3.7 billion by 2030. Furthermore, it provides essential insights about chief competitors within the industry. By investing in this report, you secure a competitive edge, allowing for strategic planning and informed decision-making. Equip yourself with key knowledge about the Expanded Polystyrene market and shape a prosperous future for your enterprise.
Global Expanded Polystyrene Market to Reach $16.4 Billion by 2030
The global market for Expanded Polystyrene estimated at US$10.9 Billion in the year 2022, is projected to reach a revised size of US$16.4 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. White, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$9.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Grey segment is readjusted to a revised 4.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 8.1% CAGR
The Expanded Polystyrene market in the U.S. is estimated at US$2.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.Select Competitors (Total 14 Featured) -
- ACH Food Companies, Inc.
- Alpek S.A.B. de C.V.
- BASF SE
- Brodr. Sunde A/S
- Flint Hills Resources LLC
- Kaneka Corporation
- NOVA Chemicals Corporation
- Pjsc Sibur Holding
- SABIC (Saudi Basic Industries Corporation)
- Styrochem Canada Ltee
- Sunpor Kunststoff GesmbH
- Synbra Holding bv
- Synthos SA
- The Ravago Group
- Total SA
- Unipol Holland BV
- Versalis SpA
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Expanded Polystyrene?
What is the growth rate of the Global Market for Expanded Polystyrene?
What is the forecasted size of the Global Market for Expanded Polystyrene?
Who are the key companies in the Global Market for Expanded Polystyrene?
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 10.9 Billion |
| Forecasted Market Value ( USD | $ 16.4 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ACH Food Companies, Inc.
- Alpek S.A.B. de C.V.
- BASF SE
- Brodr. Sunde A/S
- Flint Hills Resources LLC
- Kaneka Corporation
- NOVA Chemicals Corporation
- Pjsc Sibur Holding
- SABIC (Saudi Basic Industries Corporation)
- Styrochem Canada Ltee
- Sunpor Kunststoff GesmbH
- Synbra Holding bv
- Synthos SA
- The Ravago Group
- Total SA
- Unipol Holland BV
- Versalis SpA
