Expanded Polystyrene (EPS) Market Poise $19.1 Billion by 2018

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MarketsandMarkets Presents
Expanded Polystyrene (EPS) Market Poise 19.1
Billion by 2018
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panded-polystyrene-market-1138.html
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The "Expanded Polystyrene (EPS) Market, by
Applications (Building Construction, Packaging
Others), Geography (North America, West
Europe, Asia-Pacific Rest of the World) -
Global Trends Forecast to 2018", analyzes the
global EPS market with respect to market drivers,
opportunities, and trends in the regions. Browse
gtgt 29 data tables
94 figures 221
pages and in-depth TOC on Expanded Polystyrene
(EPS) Market http//www.marketsandmarkets.com/M
arket-Reports/expanded-polystyrene-market-1138.htm
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EPS products are significantly penetrating in
their applications market, globally. They have
different characteristics as per the
manufacturing and application requirement in end
products. The APAC market currently dominates the
global EPS market and will remain dominating in
the next five years with its growing demand for
EPS in different applications especially in
building construction. The Western European and
North American markets are expected to show a
rising growth in the next five years with allied
industries that are expected to stabilize the
overall business need in respective
regions. Research and development is a key part
of this market, where manufacturing companies,
associations, and end product makers infuse high
investments for future advancements and
technology modifications of EPS for different
types of applications. Building and construction
applications are expected to drive the global
market of EPS.
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Asia-Pacific is the largest region, both in
terms of volume and value, followed by Western
Europe and North America. The U.S., Germany, the
U.K., Brazil, Russia, China, and India are
expected to persist as successful EPS markets.
The major players in the global polymer EPS
market are Adeplast S.A. (Romania), Armacell LLC
(Germany), BASF SE (Germany), Carpenter Co.
(U.S.), Ineos Styrenics (Switzerland), Kaneka
Corporation (Japan), Nova Chemicals Company
(U.S.), Owens Corning (U.S.), and The Dow
Chemical Company (U.S.), and other market
players. Eastern and Central European nations,
emerging South-East Asian nations and nations
such as Russia and Brazil that host the next
Winter Olympics 2014 and Summer Olympics 2016
respectively and other global events would
supplement the growth of EPS. An increase in
proposals for improvement of infrastructure and
rising housing market in emerging economies will
drive the EPS market.
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The EPS demand in terms of value and volume
depicts current and future projections according
to the parallel economic and industrial outlook.
This analysis covers major developments,
expansions, agreements and mergers acquisitions
of leading global companies. Currently, the
global EPS market (2012) is worth 11.9 billion
and is estimated to each 19.1 billion by 2018,
growing at a CAGR of 8.2 from 2013 to 2018. The
high demand across industries such as building
construction, packaging, and others will increase
the overall EPS consumption.
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