Sustainable Styrofoam: Market Trends and Innovations in Polystyrene (2023-2029)


Posted September 27, 2023 by aishwaryammr

Polystyrene Foam Market was valued at USD 27.59 Billion in 2022, and it is expected to reach USD 36.92 Billion by 2029, exhibiting a CAGR of 4.25 % during the forecast period (2023-2029)
 
Polystyrene Foam Market Overview:

The primary goal of this research is to assist the user in understanding the Polystyrene Foam Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Polystyrene Foam industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.

To remain ‘ahead’ of your competitors, request for a sample

@ https://www.maximizemarketresearch.com/request-sample/99916

Polystyrene Foam Market Scope:

The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.

Polystyrene Foam Market Segmentation:

Market for Polystyrene Foam Based on foam type, the Polystyrene Foam market is dominated by the EPS resin segment. Because of the way it is structured, EPS is a lightweight thermoplastic material that has certain properties that help to preserve the product. EPS is a good material for a variety of uses since it is a lightweight yet stiff foam with exceptional thermal insulation and strong impact resistance. However, market expansion is being constrained by the erratic nature of crude oil prices and the accessibility of high-performance alternatives. The straightforward recyclable nature of polystyrene products will probably present opportunities for the EPS market to expand during the projected period.

Industry of Polystyrene Foam Among End-Users, the Polystyrene Foam market is anticipated to experience the biggest volume growth in the building and construction sector. The Building & Construction end-use industry expects APAC to be the largest and fastest-growing market. In the building industry (in offices and rooms), EPS is frequently used due to its low closed-air thermal conductivity, lightweight (simple to handle), mechanical resistance (insulation in the wall construction and roofing & flooring), low water absorption (to avoid humidity), and sound resistance. It has become a powerful design element and a fantastic green architecture substitute. By boosting energy efficiency, enhancing the quality of the indoor atmosphere, and extending the lifespan of structures and packaged goods, EPS has a significant positive impact on the environment.

1. Global Polystyrene Foam Market Size, by Foam Type (2022-2029)
• Expanded Polystyrene (EPS)
• Extruded Polystyrene (XPS)
• Others
2. Global Polystyrene Foam Market Size, by End-User (2022-2029)
• Building & Construction
• Packaging
• Construction & Industrial Insulation
• Others
3. Global Polystyrene Foam Market Size, by Process Type (2022-2029)
• Extruded
• Injection Molded
• Vacuum Formed
• Others

For Complete Market Insights, Access the Link

@ https://www.maximizemarketresearch.com/request-sample/99916

Polystyrene Foam Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Polystyrene Foam market are

1. DowDuPont Inc. (US)
2. Drew Foam (US)
3. Flint Hills Resources (US)
4. AFP-sealed air (US)
5. Alpek (Mexico)
6. Carpenter Co. (US)
7. Dart Container Corporation (US)
8. Nova Chemicals Corp (Canada)
9. Jiangsu Leasty Chemicals Co., Ltd. (China)
10.Wuxi Xingda New Foam Plastics Materials Co., Ltd. (China)
11.Taita Chemical Co., Ltd. (Taiwan)
12.Kaneka Corporation (Japan)
13.JSP Corporation (Japan)
14.BASF SE (Germany)
15.Xella International (Germany)
16.Synthos S.A (Poland)
17.Sunpor Kunststoff GmbH (Austria)
18.SUNPOR Kunststoff GmbH (Austria)
19.Versalis S.p.A (Italy)
20.ChovA (Spain)
21.Knauf Insulation (Belgium)
22.SABIC (Saudi Arabia)
23.Arkema S.A. (France)
24.Kingspan Group (Ireland)
25.O. N. Sunde AS (Norway)
Ravago Group (Belgium)

For Complete Market Insights, Access the Link

@ https://www.maximizemarketresearch.com/market-report/global-polystyrene-foam-marke/99916/


Regional Analysis:

The report focuses on Global Regions and Market Size of Polystyrene Foam, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.

COVID-19 Impact Analysis on Polystyrene Foam Market:

The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Polystyrene Foam industry in 2021.

Key Questions Answered in the Polystyrene Foam Market Report are:


What is the function of Polystyrene Foam?
What is the predicted revenue generation of the Polystyrene Foam market?
At what growth rate is the Polystyrene Foam market evolving?
Who are the major market giants operating in the Polystyrene Foam market?
About Us

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

Our Address

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 [email protected]
Relatetd Reports:

Connected Car Market https://www.maximizemarketresearch.com/market-report/connected-cars-market-key-trends/13525/

Green Ammonia Market https://www.maximizemarketresearch.com/market-report/global-green-ammonia-market/115753/
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Aishwarya
Phone  +91 9607365656
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Science
Tags polystyrene foam market , polystyrene foam market share , polystyrene foam market size , polystyrene foam market trends
Last Updated September 27, 2023