Polystyrene Foam Market, By Type (Expanded Polystyrene Foam (EPS) and Extruded Polystyrene Foam (XPS)), By End-use Industry (Packaging, Building & Construction, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Afr
Polystyrene Foam Market, By Type (Expanded Polystyrene Foam (EPS) and Extruded Polystyrene Foam (XPS)), By End-use Industry (Packaging, Building & Construction, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
Polystyrene foam, commonly known as Styrofoam, is a synthetic aromatic polymer material produced from oil and gas. The production of polystyrene foam begins with the polymerization of the monomer, styrene. In the presence of a blowing agent and surfactant, the polystyrene raw material expands and sets into a solid block of thermal insulation material with a closed-cell structure. Polystyrene foam is lightweight and durable, and offers high insulation against heat, cold, moisture, and noise. These properties have made it a popular material for thermal insulation in the construction, packaging and shipping industries. It is widely used to manufacture insulation board and panels for houses, flats and buildings. The packaging industry uses expanded polystyrene foam clamshells and boxes for protecting, cushioning and transporting various products.
Market Dynamics:
Global polystyrene foam market growth is primarily driven by growing construction industry across both developing and developed countries. Polystyrene foam finds major application in residential and commercial construction for wall cavities, pipe wraps and roofing underlayment due to its excellent thermal insulation and moisture resistant properties. However, strict environmental regulations regarding the usage of fluorocarbons and hydrocarbons as blowing agents are expected to hamper market growth. The development of bio-based and greener blowing agents is opening new opportunities for sustainable production of polystyrene foam. Furthermore, increasing e-commerce industry boosts demand for packaging solutions made from polystyrene foam to safely deliver products to customers.
Key Features of the Study:
This report provides in-depth analysis of the global polystyrene foam market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global polystyrene foam market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Kingspan Group, Sunpor Kunststoff GmbH, Drew Foam, Xella International, Alpek, BASF SE, ChovA, DuPont, Knauf Insulation, Synthos S.A., Shrushi Polymers Private Limited., Kamaksha Thermocol, K. K. Nag Pvt. Ltd, Styrotech, Inc., Michigan Foam Products LLC, ICA, Supreme Petrochem Ltd, Kaneka Corporation, Wuxi Xingda foam plastic new material Limited, and Tamai Kasei Co., Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global polystyrene foam market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polystyrene foam market
Detailed Segmentation-
By Type:
Expanded Polystyrene Foam (EPS)
Extruded Polystyrene Foam (XPS)
By End-use Industry:
Packaging
Building & Construction
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Kingspan Group
Sunpor Kunststoff GmbH
Drew Foam
Xella International
Alpek
BASF SE
ChovA
DuPont
Knauf Insulation
Synthos S.A.
Shrushi Polymers Private Limited.
Kamaksha Thermocol
K. K. Nag Pvt. Ltd
Styrotech, Inc.
Michigan Foam Products LLC
ICA
Supreme Petrochem Ltd
Kaneka Corporation
Wuxi Xingda foam plastic new material Limited
Tamai Kasei Co., Ltd.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By End Use Industry
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Polystyrene Foam Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting Global Polystyrene Foam Market – COVID-19
Impact Analysis
5. Global Polystyrene Foam Market, By Type, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Expanded Polystyrene Foam (EPS)
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Extruded Polystyrene Foam (XPS)
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
6. Global Polystyrene Foam Market, By End-use Industry, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Packaging
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Building & Construction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
7. Global Polystyrene Foam Market, By Region, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, By Country, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Region/Country, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, By Region/Country, 2020 - 2031
Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
GCC Countries
Israel
Rest of Middle East & Africa
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Kingspan Group
Company Overview
Product Portfolio
Recent Developments/Updates
Sunpor Kunststoff GmbH
Company Overview
Product Portfolio
Recent Developments/Updates
Drew Foam
Company Overview
Product Portfolio
Recent Developments/Updates
Xella International
Company Overview
Product Portfolio
Recent Developments/Updates
Alpek
Company Overview
Product Portfolio
Recent Developments/Updates
BASF SE
Company Overview
Product Portfolio
Recent Developments/Updates
ChovA
Company Overview
Product Portfolio
Recent Developments/Updates
DuPont
Company Overview
Product Portfolio
Recent Developments/Updates
Knauf Insulation
Company Overview
Product Portfolio
Recent Developments/Updates
Synthos S.A.
Company Overview
Product Portfolio
Recent Developments/Updates
Shrushi Polymers Private Limited.
Company Overview
Product Portfolio
Recent Developments/Updates
Kamaksha Thermocol
Company Overview
Product Portfolio
Recent Developments/Updates
K. K. Nag Pvt. Ltd
Company Overview
Product Portfolio
Recent Developments/Updates
Styrotech, Inc.
Company Overview
Product Portfolio
Recent Developments/Updates
Michigan Foam Products LLC
Company Overview
Product Portfolio
Recent Developments/Updates
ICA
Company Overview
Product Portfolio
Recent Developments/Updates
Supreme Petrochem Ltd
Company Overview
Product Portfolio
Recent Developments/Updates
Kaneka Corporation
Company Overview
Product Portfolio
Recent Developments/Updates
Wuxi Xingda foam plastic new material Limited
Company Overview
Product Portfolio
Recent Developments/Updates
Tamai Kasei Co., Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
9. Analyst Recommendation
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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