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  • Published In : Mar 2024
  • Code : CMI6782
  • Pages : 137
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials
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Global polystyrene foam market is estimated to be valued at USD 29.95 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Polystyrene foam, commonly known as Styrofoam, is a synthetic aromatic polymer material produced from oil and gas. The production of polystyrene foam begins with the polymerization of the monomer, styrene. In the presence of a blowing agent and surfactant, the polystyrene raw material expands and sets into a solid block of thermal insulation material with a closed-cell structure. Polystyrene foam is lightweight and durable, and offers high insulation against heat, cold, moisture, and noise. These properties have made it a popular material for thermal insulation in the construction, packaging and shipping industries. It is widely used to manufacture insulation board and panels for houses, flats and buildings. The packaging industry uses expanded polystyrene foam clamshells and boxes for protecting, cushioning and transporting various products.

 Market Dynamics:

Global polystyrene foam market growth is primarily driven by growing construction industry across both developing and developed countries. Polystyrene foam finds major application in residential and commercial construction for wall cavities, pipe wraps and roofing underlayment due to its excellent thermal insulation and moisture resistant properties. However, strict environmental regulations regarding the usage of fluorocarbons and hydrocarbons as blowing agents are expected to hamper market growth. The development of bio-based and greener blowing agents is opening new opportunities for sustainable production of polystyrene foam. Furthermore, increasing e-commerce industry boosts demand for packaging solutions made from polystyrene foam to safely deliver products to customers.

 Key Features of the Study:

  • This report provides in-depth analysis of the global polystyrene foam market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global polystyrene foam market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Kingspan Group, Sunpor Kunststoff GmbH, Drew Foam, Xella International, Alpek, BASF SE, ChovA, DuPont, Knauf Insulation, Synthos S.A., Shrushi Polymers Private Limited., Kamaksha Thermocol, K. K. Nag Pvt. Ltd, Styrotech, Inc., Michigan Foam Products LLC, ICA, Supreme Petrochem Ltd, Kaneka Corporation, Wuxi Xingda foam plastic new material Limited, and Tamai Kasei Co., Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global polystyrene foam market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polystyrene foam market

Detailed Segmentation-

  • By Type:
    • Expanded Polystyrene Foam (EPS)
    • Extruded Polystyrene Foam (XPS)
  • By End-use Industry:
    • Packaging
    • Building & Construction
    • Others
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Kingspan Group
    • Sunpor Kunststoff GmbH
    • Drew Foam
    • Xella International
    • Alpek
    • BASF SE
    • ChovA
    • DuPont
    • Knauf Insulation
    • Synthos S.A.
    • Shrushi Polymers Private Limited.
    • Kamaksha Thermocol
    • K. K. Nag Pvt. Ltd
    • Styrotech, Inc.
    • Michigan Foam Products LLC
    • ICA
    • Supreme Petrochem Ltd
    • Kaneka Corporation
    • Wuxi Xingda foam plastic new material Limited
    • Tamai Kasei Co., Ltd.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By End Use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Key Developments
      • Industry Trend
  4. Global Polystyrene Foam Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting Global Polystyrene Foam Market – COVID-19
    • Impact Analysis
  5. Global Polystyrene Foam Market, By Type, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Expanded Polystyrene Foam (EPS)
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Extruded Polystyrene Foam (XPS)
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  6. Global Polystyrene Foam Market, By End-use Industry, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Packaging
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Building & Construction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  7. Global Polystyrene Foam Market, By Region, 2019-2031, (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2020 - 2031
    • North America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2031
      • Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • U.S.
        • Canada
    • Latin America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2031
      • Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2031
      • Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2031
      • Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Market Share Analysis, By Region/Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Region/Country, 2020 - 2031
      • Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By End-use Industry, 2019- 2031, (US$ Bn)
      • Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Kingspan Group
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Sunpor Kunststoff GmbH
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Drew Foam
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Xella International
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Alpek
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • BASF SE
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • ChovA
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • DuPont
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Knauf Insulation
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Synthos S.A.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Shrushi Polymers Private Limited.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Kamaksha Thermocol
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • K. K. Nag Pvt. Ltd
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Styrotech, Inc.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Michigan Foam Products LLC
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • ICA
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Supreme Petrochem Ltd
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Kaneka Corporation
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Wuxi Xingda foam plastic new material Limited
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Tamai Kasei Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
  9. Analyst Recommendation
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

* Browse 50 market data tables* and 40 figures* on “Global Polystyrene Foam Market” – Global forecast to 2031.

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