Extruded Polystyrene Market Scenario

Stringent regulations to reduce greenhouse gas emission coupled with development of green buildings are some of the major factors propelling the extruded polystyrene market globally. Furthermore, reduction in energy consumption and its related cost is also one of the factor driving the growth of extruded polystyrene market. However, availability of high-performance substitutes is one of the major factor expected to hamper the global growth of the extruded polystyrene market.   

Extruded Polystyrene Market Segmentation

The extruded polystyrene market is segmented by Application, End Use and Geography. Extruded polystyrene are used in various applications such as Foundation, Wall, Roof, Floor & ceiling and Others (Pipes, Marine Insulation, and Utility Lines). Furthermore, Major End User of this market are Residential, Commercial and Others (Roads, Highways, Railways, and Runways). Based on Geography, the Extruded polystyrene Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.

Extruded Polystyrene Market by Geography

Geographically, the extruded polystyrene market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, The Asia-Pacific extruded polystyrene market is expected to witness high growth during the forecast period. Growing government and private sector investments in infrastructure development can enhancement the construction market, and countries such as India and China are anticipated to lead the demand for extruded polystyrene in the APAC region during the projection period.

Extruded Polystyrene Market Key Players

Some of the major players operating in the global extruded polystyrene market includes BASF SE, Synthos SA, Kingspan Group Plc, Dupont De Nemours, Inc., Owens Corning, Saint-Gobain Isover SA, The Ravago Group, Versalis S.P.A., Knauf Group (Insulation), Technonicol Corporation, Austrotherm GmbH, Ursa Insulation, SA, Penoplex SPB LLC and Loyal Group. These key players offer a wide range of MCC products to strengthen their competitive positions and cater to the growing demand from various applications.

Extruded Polystyrene Market Report Key Benefits

• The report offers changing market dynamics in the extruded polystyrene market, presenting historical, current and projected market size in terms of value (USD Million)
• The report comprises a detailed analysis of the factors that drive and restrict the growth of the global extruded polystyrene market.
• The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of extruded polystyrene
• It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the extruded polystyrene market performance
• Key players within the global extruded polystyrene market are profiled to understand the competitor scenario.

Research Objectives of Extruded Polystyrene Market Report:

• Analysing the outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the extruded polystyrene market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.