Title: Expandable Polystyrene Market - Forecast(2022 - 2027)
1Expandable Polystyrene Market - Forecast(2022 -
2027)
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- Expandable Polystyrene Market is forecast
to reach 12 billion by 2025, after growing at a
CAGR of 4.7 during 2020-2025. - With rise in the consumption of used for
packaging, insulation and other industries. It is
a closed cell, rigid foam material produced
from Styrene (which forms the cellular
structure), Pentane (which is used as a blowing
agent). - Growing public interest towards packaging
products will further enhance the overall market
demand for Expandable Polystyrene during the
forecast period.
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- Key Takeaways from this Report
- Asia-Pacific dominates the expandable polystyrene
market owing to increasing demand from packaging,
Building construction industries among with
others. - Increasing demand for insulation for walls,
foundations and roofing, is likely to aid in the
market growth of Expandable Polystyrene. - COVID 19 pandemic will create hurdles for the
Expandable Polystyrene market.
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- By Distribution Channel- Segment Analysis
- Roof walls Insulation is the most commonly used
application of EPS (Expanded Polystyrene).
Expanded Polystyrene (EPS) is one of the leading
materials used for roofing insulation in
commercial buildings with flat roofs. It is
typically used by combining flat panels to
establish the required tapered panels to channel
the flow of water towards roof drains or
scuppers. It can also be used in conjunction with
other insulation materials, just to create the
tapers, with the other flat materials creating
the R-Value (A material's R-value is the measure
of its resistance to heat flow). EPS is also used
to retrofit existing commercial buildings with
additional insulation.
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- Expandable Polystyrene Market Industry Outlook
- ACH Foam Technologies, LLC,
- Ineos Styrenics International SA,
- Alpek, S.A.B. De C.V.,
- Sunpor Kunststoff GmbH
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