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The Expanded Polystyrene (EPS) market is a subset of the plastics industry. EPS is a lightweight, rigid, closed-cell foam plastic material with a smooth surface and excellent thermal insulation properties. It is used in a variety of applications, including packaging, insulation, and construction. EPS is also used in the automotive, electronics, and medical industries.
EPS is produced by expanding polystyrene beads with steam and pressure. The beads are then molded into various shapes and sizes. The material is lightweight, durable, and cost-effective, making it an attractive option for many industries.
EPS is also recyclable, making it an environmentally friendly choice. It can be recycled into new products, such as insulation, packaging, and construction materials.
Some companies in the EPS market include BASF, Dow Chemical, and Total Petrochemicals. Other major players include Styron, SABIC, and LyondellBasell. Show Less Read more
