DUBLIN, Nov. 11, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/34rpcx/expanded) has announced the addition of the "Expanded Polystyrene Market (EPS) by Type (White EPS, & Grey EPS), by Application (Building & Construction, Packaging, & Others) & by Region - Global Forecast to 2020" report to their offering.
The major expanded polystyrene manufacturers are BASF SE (Germany), Total S.A. (France), Synthos S.A. (Poland), Kaneka Corporation (Japan), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), PJSC SIBUR HOLDING (Russia), Alpek SAB de CV (Mexico), ACH Foam Technologies, LLC (U.S.), Ineos Styrenics International SA (Switzerland), SUNPOR KUNSTSTOFF GmbH (Austria), and Synbra Holding bv BV (The Netherlands), among others.
The expanded polystyrene market size, in terms of value, is estimated to reach USD 17.74 Billion by 2020, signifying a firm CAGR of over 6.03% between 2015 and 2020
The expanded polystyrene market registered a moderate growth in the past few years, which is expected to continue in the coming years. This growth is driven by the growing of building & construction and packaging industries.
Currently, the Asia-Pacific region is the largest market of expanded polystyrene and is estimated to witness the highest CAGR. China leads the Asia-Pacific expanded polystyrene market accounting for the largest share in the regional demand for expanded polystyrene. Currently, the market size, in terms of volume, for expanded polystyrene is comparatively low in Mexico. However, Mexico is expected to grow at the highest rate in the North America region.
In Europe, the energy is commonly consumed by the buildings with about 40% share. Legislation continues to drive energy efficiency in new, existing, and renovated buildings. EPS Silver polymers permit effective defiance with insulation criterions. Damp can destroy walls, floors and roofs, and is a major reason for mold growth. EPS insulation is unaffected by damp and humidity. EPS Silver polymers sustain its distinctive features throughout the lifespan of the building.
The Western Europe and Asia-Pacific regions are the most active markets in terms of strategic initiatives undertaken by the market players. Factors such as huge and increasingly addressable customer base and the shift in manufacturing from North America and Western Europe to Asia-Pacific are driving the growth of the Asia-Pacific expanded polystyrene market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Expanded Polystyrene Market, By Product Type
8 Expanded Polystyrene Market, By Application
9 Expanded Polystyrene Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/34rpcx/expanded
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets