Global Expanded Polystyrene (EPS) Market Segmented by Application and Geography – Trends & Forecasts (2015-2020) – Research and Markets
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/4b2879/global_expanded) has announced the addition of the “Global Expanded Polystyrene (EPS) Market Segmented by Application and Geography Trends and Forecasts (2015-2020)” report to their offering.
The major trend driving the expanded polystyrene (EPS) market is the huge demand from the building and construction sector, which finds its usefulness in a myriad of applications such as floor insulation, insulation foam for closed cavity walls, and roofs.
Expanded Polystyrene (EPS) is one of the multipurpose polymers available for a variety of applications. EPS has found numerous application areas across a wide range of industries due to its light weight, rigidity, and thermal and acoustic insulating properties. EPS has low thermal conductivity, shock and sound absorbing characteristics, and moisture resistant properties.
The global expanded polystyrene (EPS) market is currently valued at $13.9 billion in 2014 and is expected to reach $22.4 billion by 2020 showing a compound annual growth rate of 8.3%. Asia-Pacific currently dominates the market for EPS followed by North America and Europe. The APAC EPS market demands for higher consumption due to its larger population needs and their growing activities across the constructions and packaging industries.
Rising continuous rise of environmental concerns has resulted in a new legislation that threatens EPS manufacturers, and the rising raw material costs may dampen the overall growth during the period.
Key Topics Covered:
2. Executive Summary
3. Expanded Polystyrene Market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis (Market size, growth and forecast)
7. Competitive Landscape
8. Company Profiles
- BASF SE
- Bayer MS
- The Dow Chemical Co.
- Lanxess AG
- Total S.A.
- Formosa Plastics Group
- Americas Styrenics
- Styrolution Group GMBH
- Henjiang Chimei Chemical Co., Ltd
- PS Japan Corporation
- Styron LLC
- TOTAL Gestion USA
- Ineos Nova LLC
- Total Petrochemicals
- (20+ Others)
For more information visit http://www.researchandmarkets.com/research/4b2879/global_expanded
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