MARKET OUTLOOK
According to the publisher, the North American expanded polystyrene (EPS) market is anticipated to rise with a CAGR of 4.75% in revenue terms and 4.03% in volume terms in the estimated years 2019-2028.The United States and Canada together shape the market in this region.
The United States market is very well adjusted to polystyrene applications. Being a mature market, it an increased customer demand and receives more investment for research and development purposes. Also, it has a wider opportunity to practically implement various designs. This indicates a good scope for the US’ expanded polystyrene market. Further, the growth of this market is also attributable to the monetary pull of a technologically advanced nation like the United States. It presents numerous business opportunities and top-of-the-line ventures, which are able to pull in a large workforce, while expanding the interest for materials and spaces.
Moreover, the US construction industry has grown rapidly in the last few years. This is due to the increased spending on the private sector and for residential construction. New establishments, such as hospitals, are being constructed across several regions in the nation, including Florida, Chicago, and San Diego. In addition, the construction of OPD facilities has increased significantly across boards, as per a survey by the Health Facilities Management. Such trends are driving the demand for EPS in the United States, in turn, propelling the studied market growth.
COMPETITIVE OUTLOOK
Major players engaged in this market are Kaneka Corporation, BASF SE, Ravago, Total SA, Alpek SAB De CV, LG Corporation, Sibur, and Sunpor Kunststoff GmbH.Table of Contents
1. North America Expanded Polystyrene (EPS) Market - Summary
2. Industry Outlook
3. North America Expanded Polystyrene (EPS) Market Outlook - by Type
4. North America Expanded Polystyrene (EPS) Market Outlook - by Industry Vertical
5. North America Expanded Polystyrene (EPS) Market - Regional Outlook
6. Competitive Landscape
7. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alpek SAB DE CV
- Arkema Sa
- BASF SE
- Evonik Industries AG
- Kaneka Corporation
- LG Corporation
- Nova Chemical Corporation
- Sabic
- Styrochem
- Total Sa
- Ravago
- Sibur
- Jackon GmbH
- Bewisynbra Group Ab
- Sunpor Kunststoff GmbH
Methodology
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