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Technavio has announced its latest market research report titled Expanded Polystyrene Market for Packaging by Application and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Expanded Polystyrene Market for Packaging by Application and Geography - Forecast and Analysis 2021-2025
NEW YORK , July 26, 2022 /PRNewswire/ -- Expanded polystyrene is made from polystyrene solid beads, which are produced from the emulsion polymerization of the styrene monomer. It is a rigid transparent thermoplastic that has good electrical insulating and physical properties. It is mainly used in building and construction, packaging, and other applications due to its high insulation properties and strength.
The "Expanded Polystyrene Market For Packaging Market by Application (electronic appliances, food and beverages, healthcare, and others) and Geography (APAC, Europe , North America , South America , and MEA) - Forecast and Analysis 2021-2025 " report has been added to Technavio's offering.
The potential growth difference for the expanded polystyrene market size for packaging between 2020 and 2025 is USD 3.15 bn . To get a comprehensive report summary describing the market size and forecast along with research methodology, Request a Sample Report.
For information about challenges and drivers that will shape the future of the market, View a Sample Report
The expanded polystyrene market for packaging market report is segmented by application (electronic appliances, food and beverages, healthcare, and others) and geography (APAC, Europe , North America , South America , and MEA).
APAC will be the leading region with 72% of the market's growth during the forecast period. China and Japan are the key countries for the expanded polystyrene market for packaging in APAC.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View our Sample Report
The global expanded polystyrene market for packaging is consolidated due to the presence of a limited number of vendors that provide expanded polystyrene material. Large vendors account for a major share of the market. They are focusing on R&D to develop advanced packages. The entry of new vendors is limited due to the need for significant capital investments. Dedicated lines and customized machinery are needed, which increases the capital cost. The key vendors are focusing on M&A to improve their geographical footprint and to gain an edge over their competitors.
Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., Saudi Basic Industries Corp., SUNPOR Kunststoff GmbH, Synthos SA, The JACKON GROUP, Versalis Spa, and TotalEnergies SE are among the key vendors operating in the market. The key offerings of some of the vendors are listed below:
This report provides a full list of key vendors, their strategies, and the latest developments. Request a Sample Now
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Expanded Polystyrene Market For Packaging Market Scope
Accelerate at a CAGR of 6.4%
APAC, Europe, North America, South America, and MEA
China, US, Germany, Japan, and France
Leading companies, competitive strategies, consumer engagement scope
Alpek SAB de CV, BASF SE, Kaneka Corp., NOVA Chemicals Corp., Saudi Basic Industries Corp., SUNPOR Kunststoff GmbH, Synthos SA, The JACKON GROUP, TotalEnergies SE, and Versalis Spa
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View original content to download multimedia:https://www.prnewswire.com/news-releases/expanded-polystyrene-market-size-for-packaging-to-grow-by-usd-3-15-bn-basf-se-and-kaneka-corp-among-key-vendors---technavio-301592335.html
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