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Impact of Existing and Emerging Expanded Polystyrene
Market Trends 2017-2027
May 2017
Report Id : REP-GB-3791
Status : Ongoing
Category : Chemicals and Materials
©2015 Future Market Insights, All Rights Reserved
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Expanded Polystyrene Market
Expanded polystyrene is a lightweight cellular plastic having special properties due to its structure which
is made of pre-expanded polystyrene beads. The expanded polystyrene foam contains only 5% plastic
rest is air. Polystyrene a solid thermoplastic is melted at high temperature to re-solidify for desired
application, the expanded polystyrene is forty-five times the volume of the original granule of
polystyrene. Expanded polystyrene being extremely light weight and rigid shows an excellent set of
properties such as good dampening properties and good thermal insulation and variety of end use
application such as surfboards, packaging and building material. Expanded polystyrene closed-cell
structure provides low vapor permanence and minimal water absorption. Molded EPS is subjected to
numerous tests such as density, strength, flammability and porosity. Expanded polystyrene is not
biodegradable but is the chemical inert that makes it stable fill material and provides safe and sanitary
landfill reclamation. The insulation products of expanded polystyrene significantly reduce the energy
requirement for cooling and heating in any structure when applied. Expanded polystyrene saves cost and
give a versatile choice of application and lowers the structures of carbon footprint.
Global Expanded Polystyrene Market: Dynamics
Expanded polystyrene is recyclable, inert non-toxic to the environment as it does not contains CFC’s or
HCFCs in the manufacturing process and doesn’t hinder to the ozone layer, is the major potential factor
for the growth of expanded polystyrene market. Ability to provide best packaging solution to keep the
product safe and shock absorbent from risk in transport and handling and providing total protection for
industrial product is the key factor driving the expanded polystyrene market.
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Expanded Polystyrene Market
Moreover, food packaging safety through expanded polystyrene is another potential factor for the
growth of expanded polystyrene market. Owing to moisture resisting properties increasing the shelf life
of the perishable items such as seafood, vegetables, and fruits. Expanded polystyrene doesn’t result in
chemical reaction as it inert in nature thus it does not appeal to any pest. Owing to its durability, the
lightweight as well strength it is used as an insulation panel system for roofs, walls, floors in building and
facades and results in a drastic reduction in the emission of polluting gasses such as SO² and CO² is
another potential factor for the growth of expanded polystyrene market. Owing to its compression
resistant which makes expanded polystyrene ideal for stacking and packaging of good also it is shock
absorbent properties application makes it effective for sports helmet and children’s car seat is another
potential factor for the growth of polystyrene market. Pharmaceutical application to store products for
safety and away from exposure to general environment, are factors supports to growth of expanded
polystyrene market.
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Global Expanded Polystyrene Market: Segmentation
Based on application: Expanded polystyrene market can be segmented into
• Packaging
• Construction
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Expanded Polystyrene Market
• Other Application (slider, surfboards, infant car seat, houses, air condition units)
Based on material: Expanded polystyrene market can be segmented into
• Raw beads
• Expanded beads
Global Expanded Polystyrene Market: Region Wise Outlook
The global expanded polystyrene market is divided into seven regions, namely North America, Latin
America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East
and Africa (MEA). APEJ holds a relatively higher share of the global expanded polystyrene market. This is
due to packaging industry which is developed and has great demand in the region. Moreover major
player promotes recyclability of expanded polystyrene molded products promoting little part of
municipal soil waste which is close to 0.1%. Followed by APEJ is North America, this is due to high
demand in packaging for consumer goods, electronics, and electrical industries. Thus APEJ and North
America is estimated to grow at healthy CAGR in the forecast period of global expanded polystyrene
market. Europe is estimated to grow at high CAGR in the forecast period of global expanded polystyrene,
owing to the demand for thermal insulation for flooring and roofing to reduce the in-house temperature
and carbon footprints, will boost the expanded polystyrene market.
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Expanded Polystyrene Market
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Global Expanded Polystyrene Market: Prominent Player
Few of the prominent players in expanded polystyrene market are as follows
• Insulation Corporation of America
• The Dow Chemical Company
• Plasti-Fab Ltd.
• Dabo Precision Co., Ltd.
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• Kaneka Corporation
• Atlas EPS.
• BASF SE
• Nantong Chaoda Machinery and Technology Co., Ltd
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