Lewes, DE -- (SBWire) -- 04/19/2016 --Report forecast the Global Expanded Polystyrene Packaging market to grow at a CAGR of 6.86% during the period 2016-2020.
EPS is a linear polymer made through a process called suspension polymerization. Its basic unit is styrene, which is derived from petroleum products. With unique properties like its light weight, rigidity, insulation, and formability, EPS can be used in many applications in different industries. Its unique properties are due to its structure that contains low-density polystyrene.
The report covers the present scenario and the growth prospects of the global EPS packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated by different vendors through the sale of EPS packaging products to industries such as electronic appliances, food and beverage, and healthcare.
The market is divided into the following segments based on geography:
- North America
- APAC
- Europe
- ROW
According to the report, the high recycling rate of EPS makes it a more suitable material used for packaging compared to other plastic packaging materials. Recycled EPS can be used for foam packaging and also for making products such as CD cases and coat hangers. EPS is a plastic packaging material; however, it is less harmful to the environment compared to other plastic packaging materials used for the same applications. Also, EPS makes up only 0.1% of municipal solid waste in the US.
Further, the report states that environmental and human health concerns about the use and effects of EPS negatively affect the demand for EPS packaging and hence the profit margin of vendors and the market growth.
Global Expanded Polystyrene (EPS) Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Expanded Polystyrene Packaging Market: BASF, INEOS, Kaneka Corp., Saudi Basic Industries Corp. (SABIC), and Synthos.
Other Prominent Vendors in the market are: ACH Foam Technologies, Alpek SAB de CV, Jackon, Knauf, Monotez, Nova Chemicals Corp., Owens Corning Corp., SC Adeplast S.A., Sunpor Kunststoff, Styrochem, Total SA, and Versalis.
Market driver
- High recycling rate of EPS
- For a full, detailed list, view our report
Market challenge
- Volatile crude oil price
- For a full, detailed list, view our report
Market trend
- Growing takeout and delivery industry
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 69 pages and 34 Exhibit "Global Expanded Polystyrene Packaging Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-expanded-polystyrene-packaging-market-2016-2020
Related Report;
Global Folding Carton Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-folding-carton-market-2016-2020
Find all Packaging report at: http://www.marketresearchreports.com/packaging
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions
