Last updated on April 18, 2014 at 1:21 EDT

Expanded Polystyrene (EPS) Market Worth $19.1 Billion by 2018

September 30, 2013

DALLAS, Texas, September 30, 2013 /PRNewswire/ –

The global “Expanded Polystyrene (EPS) Market, by Applications (Building &
Construction, Packaging & Others), & Geography (North America, West Europe, Asia-Pacific &
Rest of the World) – Global Trends & Forecast to 2018″ analyzes the global EPS market with
respect to market drivers, opportunities, and trends in the regions.

Browse 29 Market Data Tables and 94 Figures spread through 221 Slides and in-depth TOC
on “Expanded Polystyrene (EPS) Market, by Applications (Building & Construction, Packaging
& Others), & Geography (North America, West Europe, Asia-Pacific & Rest of the World) -
Global Trends & Forecast to 2018″.


Early buyers will receive 10% customization on this report.

EPS products are significantly penetrating in their applications market, globally.
They have different characteristics as per the manufacturing and application requirement
in end products. The APAC market currently dominates the global EPS market and will remain
dominating in the next five years with its growing demand for EPS in different
applications especially in building & construction. The Western European and North
American markets are expected to show a rising growth in the next five years with allied
industries that are expected to stabilize the overall business need in respective regions.

Research and development is a key part of this market, where manufacturing companies,
associations, and end product makers infuse high investments for future advancements and
technology modifications of EPS for different types of applications. Building and
construction applications are expected to drive the global market of EPS.

Asia-Pacific is the largest region, both in terms of volume and value, followed by
Western Europe and North America. The U.S., Germany, the U.K., Brazil, Russia, China, and
India are expected to persist as successful EPS markets. The major players in the global
polymer EPS market are Adeplast S.A. (Romania), Armacell LLC (Germany), BASF SE (Germany),
Carpenter Co. (U.S.), Ineos Styrenics (Switzerland), Kaneka Corporation (Japan), Nova
Chemicals Company (U.S.), Owens Corning (U.S.), and The Dow Chemical Company (U.S.), and
other market players.

Eastern and Central European nations, emerging South-East Asian nations and nations
such as Russia and Brazil that host the next Winter Olympics 2014 and Summer Olympics 2016
respectively and other global events would supplement the growth of EPS. An increase in
proposals for improvement of infrastructure and rising housing market in emerging
economies will drive the Expanded Polystyrene Market.

The EPS demand in terms of value and volume depicts current and future projections
according to the parallel economic and industrial outlook. This analysis covers major
developments, expansions, agreements and mergers & acquisitions of leading global

Currently, the global EPS market (2012) is worth $11.9 billion and is estimated to
each $19.1 billion by 2018, growing at a CAGR of 8.2% from 2013 to 2018. The high demand
across industries such as building & construction, packaging, and others will increase the
overall EPS consumption.

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Source: PR Newswire