Extruded polystyrene foam (XPS) consists of closed cells, offers improved surface roughness and higher stiffness and reduced thermal conductivity. The density range is about 28–45 kg/m3.
Extruded polystyrene material is also used in crafts and model building, in particular architectural models. Because of the extrusion manufacturing process, XPS does not require facers to maintain its thermal or physical property performance. Thus, it makes a more uniform substitute for corrugated cardboard.
APAC has emerged as the leading consumer and producer of XPS owing to 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 XPS in the region, thereby driving foreign investments. APAC is also the fastest-growing XPS market. The government proposals to improve public infrastructure and rising cash-intensive non-residential construction are positively impacting the market growth. The demand in APAC will further increase in the next five years because of several on-going and upcoming building & construction projects in the developing countries.
The report offers detailed coverage of Closed-cell Extruded Polystyrene Foam industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Closed-cell Extruded Polystyrene Foam by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Closed-cell Extruded Polystyrene Foam market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Closed-cell Extruded Polystyrene Foam market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Dow
Owens Corning
BASF
Ursa
Ineos Styrencis
Sunpor
Synthos
Polimeri
Styrochem
Sunde
Monotez
Jackon
At the same time, we classify Closed-cell Extruded Polystyrene Foam according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
White
Grey
Black
Market by Application
Building & construction
Packaging
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Closed-cell Extruded Polystyrene Foam market for the forecast period 2021 - 2025?
• What are the driving forces in the Closed-cell Extruded Polystyrene Foam market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Closed-cell Extruded Polystyrene Foam industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?