Extruded polystyrene is also a thermoplastic polymer made from polystyrene. Extruded polystyrene has a closed cell structure and offers higher mechanical performance. Extruded polystyrene is more expensive as compared to expanded polystyrene (EPS). Extruded polystyrene has a wide variety of applications and it can be used for the insulation of buildings, roofs and concrete floors. This materias can be also used in crafts and model building, in particular architectural models.
MARKET DYNAMICS
The extruded polystyrene market has witnessed significant growth owing to factors such as stringent regulation for insulation and reduce greenhouse gas emission in the developed regions such as North Ameeica and Europe. Moreover, development of green buildings coupled with easy recyclability of polystyrene products provides a huge market opportunity for the key players operating in the global extruded polystyrene market. However, availability of high-performance substitutes and volatility in raw material pricesis projected to hamper the overall growth of the extruded polystyrene market.
MARKET SCOPE
The "Global Extruded Polystyrene Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the extruded polystyrene market with detailed market segmentation by application, end use and geography. The global extruded polystyrene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading extruded polystyrene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global extruded polystyrene market is segmented on the basis of application and end use. On the basis of application, the extruded polystyrene market is segmented into foundation, roof, wall, floor and ceiling, and others. On the basis of end use the market is bifurcated into residential, commercial, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global extruded polystyrene market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The extruded polystyrene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the extruded polystyrene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the extruded polystyrene market in these regions.
MARKET PLAYERS
The reports cover key developments in the extruded polystyrene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from extruded polystyrene market are anticipated to lucrative growth opportunities in the future with the rising demand for Extruded polystyrene in the global market. Below mentioned is the list of few companies engaged in the Extruded polystyrene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the extruded polystyrene market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- DuPont de Nemours, Inc.
- Kingspan Group
- Knauf Insulation
- Owens Corning
- Ravago Greece Grou
- Saint-Gobain
- Synthos
- Technonicol Corporation
- Versalis S.p.A.
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