/PRNewswire/ Technavio has been monitoring the EPS market in the US, operating under the Consumer Discretionary market. The report estimates the market to.
Share:
“Browse 145 market data Tables and 51 Figures spread through 152 Pages and in-depth TOC on “Expanded Polystyrene (EPS) Market””
Expanded Polystyrene (EPS) Market by Product Type (White, Grey, Black), End-use Industry (Building & Construction, Packaging, Others), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America)
The Expanded Polystyrene (EPS) Market is expected to grow from USD 15.5 billion in 2018 to USD 20.1 billion by 2023, at a CAGR of 5.3% during the forecast period. The major driving factors in the EPS market are the growing construction and packaging industries in the developing countries.
APAC has emerged as the leading consumer and producer of EPS because of the increasing demand from the domestic front and rising income levels. The easy availability of low-cost labor and economical & accessible raw materials are increasing the production of EPS in the region, thereby driving foreign investments. APAC is also the fastes