Expanded Polystyrene Market to Reach $22.8 Billion by 2026 at 5.1% CAGR: AMR

Development in the building and construction industry and increase in demand for lightweight materials in the automobile industry drive the growth of the global expanded polystyrene market. Based on product type, the white segment dominated the market in 2018. By end-user, the packaging segment held largest market share. Moreover, Asia-pacific would manifest the fastest CAGR by 2026.


Portland, OR, May 06, 2020 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global expanded polystyrene market accounted for $15.3 billion in 2018, and is anticipated to reach $22.8 billion by 2026, registering at a CAGR of 5.1% from 2019 to 2026. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and changing market trends.

Development in the building and construction industry and increase in demand for lightweight materials in the automobile industry drive the growth of the global expanded polystyrene market. On the contrary, fluctuations in crude oil, and availability of high-performance substitute products hinder the market growth. However, involvement of injection molded process would open new opportunities in the coming years. 

Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/5714

The global expanded polystyrene market is divided on the basis of product type, end-user industry, and region. Based on product type, the expanded polystyrene market is divided into white, grey, and black. The white segment dominated the market in 2018, accounting for more than half of the market. However, the grey segment is projected to manifest the highest CAGR of 6.0% during the forecast period.

Based on end-user, the market analysis is divided on the basis of packaging, building & construction, domestic appliances, consumer electronics, medical, and others. The packaging segment held the largest revenue in 2018, accounting for more than one-third of the market. However, the building and construction segment is projected to manifest the highest CAGR of 6.3% during the forecast period.

Get detailed COVID-19 impact analysis on the Expanded Polystyrene Market @: https://www.alliedmarketresearch.com/request-for-customization/5714?reqfor=covid

The global expanded polystyrene market market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the Asia-Pacific region is projected to portray the highest CAGR of 5.6% during the forecast period. In addition, the market region also dominated the market in 2018, accounting for nearly half of the market.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/5714

The global expanded polystyrene market market report includes an in-depth analysis of the major market players such as Alpek, S.A.B. de C.V., Arkema S.A., BASF SE, Evonik Industries AG, Kaneka Corporation, LG Corporation (LG Corp), NOVA Chemical Corporation, SABIC, Styrochem, and TOTAL S.A. Among these, BASF SE, Evonik Industries AG, Kaneka Corporation, LG Corporation (LG Corp), and NOVA Chemical Corporation.

Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/expanded-polystyrene-eps-market/purchase-options

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter

Get more information: https://www.alliedmarketresearch.com/library-access

About Us:
Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


            

Coordonnées