MRO Magazine

North America Expanded Polystyrene (EPS) Market – Huge Demand from Building & Construction Sector – Research and Markets


January 28, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/rnmn5p/north_america) has announced the addition of the “North America Expanded Polystyrene (EPS) Market – Segmented by Type, 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.

The building & construction industry holds the largest share of EPS market. Downstream demand from the building & construction industry, and packaging applications will boost the demand and revenue for EPS manufacturers till the end of 2018.

Huge investments in research and development (R&D), followed by new product launches by key industry players for expanded polystyrene market in 2014. More than 100 companies around the world today are manufacturing EPS and this number is expected to increase to more than 200 within the next five years, while there are more than 1,000 companies and institutions that are actively engaged in R&D.

In addition, the report looked at industry leaders in the value chain and potential applications that are under development and are likely to enter the market in the next five years.

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.

Companies Mentioned:

  • BASF SE
  • Bayer MS
  • The Dow Chemical Co.
  • DuPont
  • SABIC
  • 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
  • Owens Corning
  • Nova Chemicals Corporation

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Expanded polystyrene Market

4. Market Dynamics

5. Market Segmentation and Analysis

6. North America Market Analysis (Market size, growth and forecast)

7. Competitive Landscape

8. Company Profiles

For more information visit http://www.researchandmarkets.com/research/rnmn5p/north_america

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Plastics