Extruded Polystyrene Market
The extruded polystyrene market size is expected to be a CAGR of 4.71% and by 2027, it reaches USD 3,624.6 million, according to the latest research report from Market Research Future (MRFR).
The global Extruded Polystyrene Market is mainly driven by the growing demand from the construction industry, which is growing rapidly in both developing as well as developed countries. The report provides a thorough background data sheet on the global extruded polystyrene market, including the major drivers and restraints affecting the market’s growth, the leading players operating in the global extruded polystyrene market, and the historical growth trajectory of the market. The future growth prospects of the global extruded polystyrene market are analyzed in great detail in the report in order to provide readers with a clear picture of how the market is likely to grow over the forecast period.
Extruded polystyrene is formed from polystyrene by the process of extrusion, i.e. processing polystyrene to form blocks of uniform width and height. The global extruded polystyrene market is mainly driven by the growing demand from the construction industry, where it is used as an insulation component in a varied range of construction applications. The growing demand for effective insulation materials in construction projects is likely to be the major driver for the global extruded polystyrene market over the forecast period.
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Insulation materials have become highly important in the construction industry due to the help they provide in terms of lowering the overall energy consumption of the project and protecting the building’s interiors from moisture, heat, and sound. Effective insulation has emerged as a prime factor in creating energy-efficient construction projects, which minimize the costs of energy (i.e. heating or cooling) for the building’s occupants and lower the overall energy bill of the project.
The growing research into expanding the application scope of plastics is likely to be a key driver for the global extruded polystyrene market. Extruded polystyrene is used in various applications in the construction industry as well as other application industries such as electronics production, automobile production, and toys and other household items. These applications are also likely to be crucial for the global extruded polystyrene market over the forecast period.
On the other hand, the adverse environmental effects of the nonbiodegradable extruded polystyrene could present a major barrier for the growth of the global extruded polystyrene market over the forecast period.
Competitive Analysis:
Leading players in the global extruded polystyrene market include BASF SE, Kingspan Group, Emirates Extruded Polystyrene LLC, ACH Foam Technologies Inc., Soprema, URSA Insulation SA, Austrotherm, Ravago SA (Ravatherm), Abriso NV, Owens Corning, and DowDuPont.
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Segmentation:
The global extruded polystyrene market has been segmented on the basis of end-use industry and region.
By end-use industry, the extruded polystyrene market has been divided into residential construction and commercial construction. The commercial construction segment held a majority share of 63% in the global extruded polystyrene market in 2017 and is likely to retain a dominant share in the global market over the forecast period due to the growing demand for commercial construction in emerging economies in Southeast Asia, the Middle East, and Latin America. The growing emphasis on the environmental viability of building structures in these regions is likely to drive the demand from the extruded polystyrene market in the region over the forecast period.
Regional Analysis:
The global extruded polystyrene market is dominated by Asia Pacific due to the rapid pace of growth of the construction industry in countries such as India, China, Malaysia, Australia, and Japan. Rapid urbanization in the region has driven the demand for extruded polystyrene in the region and is likely to remain a major driver for the market over the forecast period. Growing residential construction in Asia Pacific is also likely to be a major driver for the extruded polystyrene market over the forecast period.
Industry News/Updates
In February 2019, Ravago acquired the European Styrofoam operations of DowDuPont, including production as well as post-production activities such as sales and marketing, customer service, and supply chain operations.
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Market Research Explore : Global Extruded Polystyrene Boards Market Research Report 2018 offers a comprehensive study on Extruded Polystyrene Boards Industry including the current Extruded Polystyrene Boards market trends and market status.
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This report focuses on Energy Efficient Material volume and value at global level, regional level and company level.
From a global perspective, this report represents overall Energy Efficient Material market size by analyzing historical data and future prospect.
Regionally, this report focuses on several key regions: North America, Europe, China and Japan.The global Energy Efficient Material market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019–2025.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-energy-efficient-material-2019-720The following manufacturers are covered:Cornerstone Industrial Mineral CorporationPPG IndustriesSaint-GobainAustralian PerliteWorld MineralsLoyal GroupIneos GroupAsahi Fiber GlassAmeron InternationalChina FiberglassSegment by RegionsNorth AmericaEuropeChinaJapanSegment by TypePolyisocyanurateExtruded PolystyreneExpanded PolystyreneFiberglassCelluloseMineral WoolOthersSegment by ApplicationCommercial BuildingIndustrial BuildingCivil BuildingResidenceGet the Complete Report & TOC @ https://www.grandresearchstore.com/chemicals-and-materials/global-energy-efficient-material-2019-720Table of contentExecutive Summary1 Energy Efficient Material Market Overview1.1 Product Overview and Scope of Energy Efficient Material1.2 Energy Efficient Material Segment by Type1.2.1 Global Energy Efficient Material Production Growth Rate Comparison by Type (2014–2025)1.2.2 Polyisocyanurate1.2.3 Extruded Polystyrene1.2.4 Expanded Polystyrene1.2.5 Fiberglass1.2.6 Cellulose1.2.7 Mineral Wool1.2.8 Others1.3 Energy Efficient Material Segment by Application1.3.1 Energy Efficient Material Consumption Comparison by Application (2014–2025)1.3.2 Commercial Building1.3.3 Industrial Building1.3.4 Civil Building1.3.5 Residence1.3 Global Energy Efficient Material Market by Region1.3.1 Global Energy Efficient Material Market Size Region1.3.2 North America Status and Prospect (2014–2025)1.3.3 Europe Status and Prospect (2014–2025)1.3.4 China Status and Prospect (2014–2025)1.3.5 Japan Status and Prospect (2014–2025)1.3.6 Southeast Asia Status and Prospect (2014–2025)1.3.7 India Status and Prospect (2014–2025)1.4 Global Energy Efficient Material Market Size1.4.1 Global Energy Efficient Material Revenue (2014–2025)1.4.2 Global Energy Efficient Material Production (2014–2025)CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
Extruded Polystyrene Foams market is segmented by region (country), players, by Type, and by Application.
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The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Extruded Polystyrene Foams market is segmented into:Conventional TypeHigh Thermal Conductivity TypeThicker Plate TypeDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/59652/global-japan-extruded-polystyrene-foams-2026-615Segment by Application, the Extruded Polystyrene Foams market is segmented into:Wall Heat PreservationRoof Heat PreservationGround MoistureRegional and Country-level Analysis:The Extruded Polystyrene Foams market is analysed and market size information is provided by regions (countries).The key regions covered in the Extruded Polystyrene Foams market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Extruded Polystyrene Foams Market Share Analysis:Extruded Polystyrene Foams market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
