GCC Expanded Polystyrene Market Research Report: Forecast (2023-2028) - PowerPoint PPT Presentation

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GCC Expanded Polystyrene Market Research Report: Forecast (2023-2028)

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The GCC Expanded Polystyrene Market is projected to grow at a CAGR of around 6.4% during the forecast period, i.e., 2023-28. – PowerPoint PPT presentation

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Title: GCC Expanded Polystyrene Market Research Report: Forecast (2023-2028)


1
Unlocking the GCC Expanded Polystyrene Market's
Growth Potential in 2028
The GCC Expanded Polystyrene Market is projected
to grow at a CAGR of around 6.4 during the
forecast period, i.e., 2023-28.
www.marknteladvisors.com
2
ABOUT US
WHO ARE WE?
1
  • MarkNtel Advisors is a leading research,
    consulting and data analytics firm that provides
    a wide range of strategic reports on diverse
    industry verticals to a substantial and varied
    client base that includes multinational
    corporations, financial institutions,
    governments, and individuals.
  • We specialize in niche industries and emerging
    geographies to support our clients in the
    formulation of strategies viz. Go to Market
    (GTM), Product Development, feasibility analysis,
    project scoping, market segmentation, competitive
    benchmarking, market sizing forecasting, trend
    analysis etc. in around 15 industry verticals to
    enable our clients in identifying attractive
    investment opportunities and maximizing ROI
    through an early mover advantage

3
Market Insights
  • The GCC Expanded Polystyrene Market is projected
    to grow at a CAGR of around 6.4 during the
    forecast period, i.e., 2023-28. The growth of the
    market would be propelled by the burgeoning
    demand for EPS in construction, packaging, cold
    chain logistics, automotive sectors, among
    others, for thermal insulation in buildings,
    packaging of various products, and
    temperature-controlled transportation of goods.
    These industries are witnessing significant
    growth in the GCC region, backed by increasing
    FDI (Foreign Direct Investment) and enhanced
    government support.
  • Moreover, rapid urbanization and various ongoing
    upcoming infrastructure development projects
    are further creating the demand for EPS. Many
    countries, such as Saudi Arabia, the United Arab
    Emirates, and Qatar, have ambitious long-term
    development plans, such as Saudi Vision 2030, the
    UAE Vision 2031, and Qatar National Vision 2030,
    focused on diversifying their economies away from
    oil gas and improving infrastructure, including
    housing, urban development, and transportation.
    These infrastructural development activities are
    accelerating construction activities in the
    region and, in turn, infusing the demand for EPS.

4
GCC Expanded Polystyrene Market Driver
  • Increasing Infrastructure Development in the
    Tourism Sector - GCC countries like the UAE,
    Qatar, Saudi Arabia have recognized the
    potential of tourism for diversifying their
    economy, owing to which they have developed
    comprehensive tourism development strategies to
    attract more tourists. In line with this, several
    hotels, resorts, entertainment venues, etc., are
    being constructed across the region, i.e.,
    pushing the demand for EPS for insulation in
    walls, roofs, floors. Saudi Arabia aims to
    increase the tourism sector's contribution to the
    EPS demand to more than 10 and attract 100
    million annual visits by 2030. Similarly, the UAE
    aims to welcome 40 million hotel guests by 2031,
    i.e., in line with the UAE Tourism Strategy 2031.
    Consequently, the region is witnessing an
    increasing number of hotel construction projects.
    As of 2023, there are 159,424 hotel rooms under
    contract for development, and Saudi Arabia is at
    the forefront of tourism development, with a
    pipeline of 100,071 hotel rooms. Hence, the rise
    in construction activities associated with the
    tourism sector is projected to drive the GCC
    Expanded Polystyrene Market during 2023-28.

5
How Has the GCC Expanded Polystyrene Market Been
Divided?
  • In the report, we have conducted a thorough
    analysis of the market by breaking it down into
    various high-performing segments. We aim to
    clarify the factors that contribute to the
    success and increased market share of each
    segment. This analysis includes an examination of
    their significant impact on the GCC Expanded
    Polystyrene market in terms of sales, expansion
    opportunities, job creation, and other vital
    factors. These components are categorized as
    follows
  • By Type, (White, Grey Silver, Black), By
    Production Method (In-Situ Suspension,
    Post-impregnation Suspension), By End User
    (Building Construction, Electrical and
    Electronics, Packaging, Automotive, Others
    (Automotive, Healthcare, Agriculture, etc.)), By
    Country (The UAE, Saudi Arabia, Oman, Kuwait,
    Bahrain, Qatar)

6
Competitive Benchmarking
  • In the GCC Expanded Polystyrene Market, prominent
    companies such BASF, TotalEnergies, SABIC,
    Ravago Manufacturing, Styro, Kuwait Styrene
    Company (TKSC), Kuwait Polymer, STYROQ, Al-Musaha
    Al-Mushtaraka Company, Unitech Qatar are subject
    to thorough evaluation. Each company within this
    industry undergoes scrutiny based on the value of
    their products, their capabilities, and other
    noteworthy attributes. Additionally, this study
    encompasses various mergers and acquisitions, as
    well as recent product launches by these firms,
    aimed at acquainting stakeholders with the
    prevailing market dynamics.

7
Some of the Key Questions Answered in this Report
  • What are the growth projections for the years
    2023-2028?
  • Which market factors will aid in developing
    client and business strategies?
  • What are the critical market opportunities for
    each segment enlisted in the research report?
  • What are the primary growth tactics used by the
    major market players?

8
Why You Should Choose MarkNtel Advisors for Your
Market Research Needs
  • Valuable Insights for Informed Decisions Our
    reports offer valuable and current insights that
    can be easily turned into actions. Whether you're
    a company looking to launch a new venture or
    expand profitably, our reports will guide you
    towards success.
  • Numerous Benefits Our analysis of the GCC
    Expanded Polystyrene Market provides a wide range
    of advantages, including market research
    insights, comprehensive information, industry
    projections, and data trends.
  • In-Depth Analysis Our GCC Expanded Polystyrene
    Market report goes deep into various industries,
    expertly examining important market trends,
    consumer behavior, and competitive landscapes.
    Stakeholders can expect a wealth of insights to
    shape their business strategies.

9
Our Solutions Offering Flexible and Scalable
Solutions across Verticals
  • Company Insights
  • Account profiles
  • Product intelligence
  • Competitive intelligence
  • Industry market landscape
  • Customer case studies
  • Prospect identification
  • Investor pitch decks
  • Industry Market Insights
  • Market size estimation
  • Go-to-market strategies
  • Business plans
  • Industry market landscape
  • Growth strategy support
  • Market entry support
  • Consumer Insights
  • Product concept testing
  • Consumer behavior surveys
  • Brand health studies
  • Customer segmentation
  • Voice of customer surveys
  • Trade Insights
  • Distribution channel audits
  • Trade margin analysis
  • In-store visibility audits
  • Supplier audits
  • Product mix analysis

10
Our 360Approach Combining Various Techniques to
Deliver Holistic Solutions
  • Data Insights
  • In-depth stakeholder interviews
  • Consumer surveys
  • Mystery surveys
  • Expert interviews
  • Secondary Research
  • Desktop research
  • Syndicated research reports
  • Proprietary databases
  • Industry associations trade data
  • Primary Research
  • In-depth stakeholder interviews
  • Consumer surveys
  • Mystery surveys
  • Expert interviews

11
MarkNtel Advisors Target Geographies- Focus Areas
  • MarkNtel has strategically defined its target
    areas which are based on evaluation by its
    analysts after analysing the growth potential of
    various regions. Few of those parameters include
  • Political, Economic, Social, Technological and
    Environmental Analysis
  • Credit Ratings provided by leading institutions
  • GDP projections by bodies such as the World Bank,
    IMF, OECD, etc.
  • Market Disruptions and the Next Big Things

Major Target Areas
Low Focus Geographies

12
For More Explore Here,
  • Ask Analyst for Customization and Browse full
    report with TOC List of Figure
    https//www.marknteladvisors.com/query/request-cus
    tomization/green-building-materials-market.html
  • Full Market Research Report - https//www.markntel
    advisors.com/research-library/green-building-mater
    ials-market.html
  • Request for a sample copy of this report
    https//www.marknteladvisors.com/query/request-sam
    ple/green-building-materials-market.html

13
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14
1 628 895 8081 91 120 4278433
sales_at_marknteladvisors.com
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