Extruded Polystyrene Insulation Material Market - Forecast(2022 - 2027) (1)

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Extruded Polystyrene Insulation Material Market 
Forecast (2022 - 2027)Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Extruded Polystyrene Insulation Materials Market
  size is forecast to reach 7.21 billion by 2025,
  after growing at a CAGR of 5.60 during
  2020-2025.
• Extruded polystyrene (XPS) is a polystyrene foam
  obtained through the extrusion process.
• XPS systems use air as an insulating material and
  form a closely packed structure, which exhibits
  excellent moisture-resistant properties.
• Owing to the development of XPS without the use
  of fluorochlorohydrocarbons is anticipated to
  create growth opportunities for extruded
  polystyrene Insulation Materials market in future.

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• Key Takeaways
• Asia-Pacific is expected to dominate due to surge
  in infrastructural development activities that
  include construction of highways and rail
  networks and increase in construction of building
  and houses to accommodate growing urban
  population.
• Rise in demand from non-residential construction
  sector is expected to drive the growth of
  extruded polystyrene Insulation Materials market.
  
• The presence of toxic chemicals in polystyrene is
  expected to restrain the market growth.

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By Distribution Channel- Segment
Analysis Non-Residential Construction segment
held a significant share in extruded polystyrene
Insulation Materials market in 2019, growing at a
CAGR of 5.73 during the forecast period. The
energy lost through buildings foundation
accounts for a huge percentage when compared with
the other parts of the building such as roofs or
walls. Thus, foundation in the construction
segment requires heavy insulation in order to
prevent energy losses and to keep the moisture
from penetrating into the foundation.
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• Extruded Polystyrene Insulation Material Industry
  Outlook 
• BASF SE
• Kingspan Group
• Owens Corning
• Emirates Extruded Polystyrene LLC
• Jackon Insulation GmbH
• Abrisonv
• Ravago
• Soprema Inc.
• URSA Insulation SA

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Extruded Polystyrene Insulation Material Market
Forecast (2022 - 2027) Learn More About the
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