Over the next five years, the sale of EPS-based products is expected to increase by about 8% annually from its current level of nearly $12bn. While use is broader in building and construction, EPS also is a frequent material for primary and transport packaging for food packaging.
Asia-Pacific is the region exhibiting the highest level of demand in terms of volume and value, with Western Europe and North America next in line. Key players include Adeplast S.A., Armacell LLC, BASF SE, Carpenter Co., Ineos Styrenics, Kaneka Corp., Nova Chemicals, Owens Corning, and Dow Chemical.
The research study “Expanded Polystyrene (EPS) Market, by Applications (Building & Construction, Packaging & Others), & Geography (North America, West Europe, Asia-Pacific & Rest of the World) - Global Trends & Forecast to 2018” is available from intelligence firm Markets and Markets.