PUBLISHER: TechNavio | PRODUCT CODE: 1383218
PUBLISHER: TechNavio | PRODUCT CODE: 1383218
The expanded polystyrene market is forecasted to grow by USD 2,784.02 mn during 2023-2028, accelerating at a CAGR of 4.72% during the forecast period. The report on the expanded polystyrene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by environmental benefits associated with expanded polystyrene, growth of e-commerce sector, and high rate of recycling of expanded polystyrene.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.6% |
CAGR | 4.72% |
Incremental Value | $2784.02mn |
Technavio's expanded polystyrene market is segmented as below:
By End-user
By Product
By Geography
This study identifies the growth of food delivery and takeaway market as one of the prime reasons driving the expanded polystyrene market growth during the next few years. Also, growing demand for lightweight containers and packaging and increasing number of mergers and acquisitions will lead to sizable demand in the market.
The report on the expanded polystyrene market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading expanded polystyrene market vendors that include Alfa Corporativo S.A. de C.V., Atlas Roofing Corp., BASF SE, BEWI ASA, Eni SpA, Epsilyte LLC, Evonik Industries AG, Jiangsu Sunchem New Materials Co. Ltd., Kaneka Corp., Koch Industries Inc., LG Electronics Inc., PJSC SIBUR Holding, Ravago, Saudi Arabian Oil Co., Sundolitt Ltd., SUNPOR Kunststoff GmbH, Synthos SA, TotalEnergies SE, UNIPOL, and Wuxi Xingda foam plastic new material Ltd.. Also, the expanded polystyrene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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