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Europe Expanded Polystyrene Market - Segmented by Product Type, Application and Geography - Growth, Trends and Forecast (2018 - 2023)

Europe Expanded Polystyrene Market - Segmented by Product Type, Application and Geography - Growth, Trends and Forecast (2018 - 2023)

The Europe expanded polystyrene (EPS) market is expected to witness a CAGR of approximately 3.1% during the forecasted period (2018 - 2023). The major factor driving the market is the benefits EPS provides over other materials.

Growing Preference for EPS

EPS is one of the most popular materials used for insulation in the construction industry. This is majorly owing to the cost-effectiveness offered by EPS. It has the highest insulating capacity per dollar among all the materials used for rigid insulation, which leads to the lowering of the total cost. Therefore, EPS costs nearly 25% - 50% lesser than the other insulation materials. According to an experiment conducted, EPS insulation system retains just 5% moisture compared to the 19% in the case of extruded polystyrene (XPS), when both were buried under soil for 15 years. Hence, the above-stated factors are causing EPS to gain preference, in turn, this is expected to drive the market during the forecast period.

Building & Construction is expected to have the Largest Share

The construction industry is the largest consumer of EPS in Europe. Owing to its lightweight, durability, thermal efficiency, shock absorption, moisture resistance, and easy-to-use characteristics, EPS is used in the building & construction sector. It is also used in making roofs, walls, floor insulation, closed cavity walls, road construction, etc. Sheathing is one of the most basic and widely used applications for EPS insulation in residential and commercial constructions. With the growth of the construction industry in Germany and France, the market for expanded polystyrene is likely to grow during the forecast period.

Germany Dominates the Market

The recovery of the construction industry in the nation is providing growth opportunities to the EPS market in Germany. The non-residential and commercial buildings in the country are also expected to see significant growth prospects in the coming years. This growth is also supported by the lower interest rates, increase in real disposable incomes, and numerous investments by the European Union and the German Government. Additionally, the demand for EPS from cold chain solutions is expected to grow with the rising demand for frozen foods.

Key Developments in the Market

January 2018: BEWi, one of the leading producers of insulation products and customized packaging solutions made from cellular plastic, EPS, in the Nordics acquired Ruukin EPS.

Major Players: BASF SE, Ravago, Synthos SA, Sunpor, and BEWi among others.

Reason to Purchase this Report

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating product type and application used in the market

Countries that are expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet (in Excel)

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.

1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Import & Export Analysis
4. Market Dynamics
4.1 Drivers
4.1.1 Advantage Over Competitive Materials
4.1.2 Growing Construction Industry in Europe
4.2 Restraints
4.2.1 Rising Environmental Concerns
4.2.2 Other Restraints
4.3 Opportunity
4.3.1 Recycling in EPS Industry
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market Size, Growth and Forecast)
5.1 By Product Type
5.1.1 White EPS
5.1.2 Grey EPS
5.1.3 Silver EPS
5.2 By End-User Industry
5.2.1 Packaging
5.2.2 Building and Construction
5.2.3 Others
6. Regional Market Analysis (Market Size, Growth and Forecast)
6.1 Germany
6.2 United Kingdom
6.3 Italy
6.4 France
6.5 Russia
6.6 Spain
6.7 The Netherlands
6.8 Poland
6.9 NORDIC Countries
6.10 Rest of Europe
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
9.2 Bewi StyroChem
9.3 Jackon GmbH
9.4 Nova Chemicals Corporation
9.5 Penoplex SPB
9.6 Ravago
9.8 Sibur-Khimprom
9.9 Sundolitt Ltd
9.10 Sunpor Kunststoff GmbH
9.11 Synbra Holding B.V.
9.12 Synthos S.A.
9.13 Total S.A.
9.14 Unipol Holland B.V.
*List not exhaustive
10. Disclaimer
**Subject to availability on public domain

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