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Polystyrene Foam Market worth $32.2 billion by 2026 - Exclusive Report by MarketsandMarkets


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.
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EPS is projected to be the largest resin type of the Polystyrene Foam market. ....

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Polystyrene Foam Market worth $32.2 billion by 2026 - Exclusive Report by MarketsandMarkets™


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. ....

United States , South Korea , Asia Pacific , Aashish Mehra , Sunpor Kunststoff Gmb , Loyal Group China , Chemical Market Research Reports Consulting , Bewisynbra Group Sweden , Research Insight , Polystyrene Marketby Application Foundation Basement Below Ground , Foam Market , Resin Type , End Use Industry , Industrial Insulation , North America , South America , Middle East , Polystyrene Foam Market , Detailed Table , Content Here , Polystyrene Foam , Sample Pages , Loyal Group , Jiangsu Leasty Chemicals , Sunpor Kunststoff Gmbh , Synbra Group ,

The Worldwide Industrial Insulation Industry is Expected to Reach $3 Billion by 2025 at a CAGR of 5% from 2020


The Worldwide Industrial Insulation Industry is Expected to Reach $3 Billion by 2025 at a CAGR of 5% from 2020
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The global industrial insulation market is projected to reach USD 3 billion by 2025 from USD 2.4 billion in 2020, at a CAGR of 5% during the forecast period.
The demand for industrial insulation in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in industrial activities and growing electricity demand as a result of infrastructural development.
Low awareness and fluctuation in crude oil prices & availability are major restraining factors for the market. The high cost of installation and requirement of skilled workforce is a major challenge for the industrial insulation market. The demand for industrial insulation is rising, owing to the growing demand for cost-effective and sustainable insulation materials. Increa ....

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