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Polystyrene Foam Market worth $32.2 billion by 2026 - Exclusive Report by MarketsandMarkets Polystyrene Foam Market by Resin Type (EPS AND XPS), End-use Industry (Construction and Industrial Insulation, Packaging, Building and Construction), Region(APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2026 , published by MarketsandMarkets, the global Polystyrene Foam Market size will grow to USD 32.2 billion by 2026 from USD 26.4 billion in 2021, at a CAGR of 4.1% during the 2021-2026 period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231315126 Browse in-depth TOC on EPS is projected to be the largest resin type of the Polystyrene Foam market. ....
EPS is projected to be the largest resin type of the Polystyrene Foam market. EPS is the largest type in Polystyrene foam market in terms of volume. EPS is a lightweight thermoplastic material with special properties because of its structure that helps protect the product from getting damaged. The growing building & construction and packaging industries in developing countries are driving the EPS market. EPS is an excellent material for applications in these industries, as it is lightweight yet rigid foam with good thermal insulation and high impact resistance. However, volatility in crude oil prices and the availability of high-performance substitutes are restraining the market growth. The easy recyclability of polystyrene products is expected to offer opportunities for the growth of the EPS market during the forecast period. ....
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 ....