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Expanded Polystyrene Market Size Will Attain USD 27,592

#Expanded #Polystyrene #Market #Size #Attain #USD

BEIJING, Oct. 09, 2022 (GLOBE NEWSWIRE) — The Global Expanded Polystyrene Market Size accounted for USD 18,194 Million in 2021 and is estimated to achieve a market size of USD 27,592 Million by 2030 growing at a CAGR of 4.9% from 2022 to 2030.

Expanded Polystyrene Market Statistics

  • Global expanded polystyrene market value was USD 18,194 Million in 2021 and expected to grow at CAGR of 4.9% from 2022 to 2030
  • North America expanded polystyrene market revenue will gather more than 44% market share in coming years
  • Asia-Pacific expanded polystyrene market growth will record noteworthy CAGR during the forecast timeframe from 2022 to 2030
  • Among product types, white segment accounted for over 40% of the overall market share in 2021
  • Based on end-use industry, building and construction sector engaged more than 48% of the total market share

Expanded Polystyrene Market Growth Factors

  • Rising demand for thermal insulation
  • Increasing usage in the construction industry
  • Growing demand for food & beverage packaging

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Expanded Polystyrene Market Report Coverage:

Market Expanded Polystyrene Market
Expanded Polystyrene Market Size 2021 USD 18,194 Million
Expanded Polystyrene Market Forecast 2030 USD 27,592 Million
Expanded Polystyrene Market CAGR During 2022 – 2030 4.9%  
Expanded Polystyrene Market Analysis Period 2018 – 2030
Expanded Polystyrene Market Base Year 2021  
Expanded Polystyrene Market Forecast Data 2022 – 2030
Segments Covered By Product Type, By End-Use Industry, And By Geography
Expanded Polystyrene Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled BASF SE, Kaneka Corporation, Total SE, NOVA Chemicals Corporation, Ravago, and Saudi Basic Industries Corporation.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

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Expanded Polystyrene (EPS) Market Dynamics

EPS is…

Read on GNW: Expanded Polystyrene Market Size Will Attain USD 27,592

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