New York, NY -- (SBWIRE) -- 10/24/2018 -- The detailed market intelligence report on the Expanded Polystyrene (EPS) market applies the best of both primary and secondary research to weighs upon the competitive landscape and the prominent market players expected to dominate the Expanded Polystyrene (EPS) market for the forecast period, 2018 - 2025. The study not only scans through the company profile of the major vendors but also analyses their winning strategies to give business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. A detailed evaluation of the major events such as acquisition and mergers, collaborations, product launches, new entrants, and technology advancements offer a complete overview of what the future of the Expanded Polystyrene (EPS) market will be like in the years to come.

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EPS is a closed cell lightweight cellular plastics material produced from polystyrene. The material has been modified by the addition of flame retardant additives. Polystyrene literally translated is "polymerized styrene". That is, the single styrene molecules are chemically joined together to form a large molecule which is called the polymer.

Product Insights
Polystyrene foam is divided into two distinct foams, namely: Expanded Polystyrene (EPS) which is the most common type of polystyrene present in Styrofoam and packing peanuts and Extruded Polystyrene (XPS) which is higher density foam used in architectural buildings. EPS is commonly chosen over XPS due to it being a cost-efficient, high performing alternative.
EPS can further be divided into single plastic products, similar plastic products, mixed plastics. The first two EPS products have high recycling value; can produce high-quality PS pellets.

The major players covered in this report are BASF SE, S.C. Adeplast S.A, Sunpor, Ineos Styrenics, Universal Foam Products, Styro Limited, Kaneka Corporation, Nova Chemical Corporation, and Carpenter Company

Application Insights
- Appliances: Appliances such as refrigerators, air conditioner, microwaves, vacuum cleaners, etc. use EPS as it does not react with other materials present in the appliance, is economical and very durable.
- Automotive industry: EPS is used to make numerous car parts, such as door panels, sound dampening foam, instrument panels etc. It is also widely used in child protective seats
- Food Service: Packaging made out of EPS has shown to keep food fresher, for longer
- Insulation: As it is inert, durable, and resistant to water damage, lightweight foam is used to provide thermal insulation in cold storage, refrigerators, walls, and roofing.
- Packaging: Its compression resistance makes it ideal for stacking packaged goods.
- Construction: The construction industry has seen a surge in the usage of Expanded Polystyrene for inroad foundations, flotation, cellular bricks, bridges, railway lines, public buildings, drainage, etc.
- Other uses include bike helmets, sliders, and surfboards due to positive strength to weight ratio and shock absorbing capabilities.

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Regional Insights
The demand for expandable polystyrene is rising in developing countries like Brazil, India, China, Saudi Arabia, Iran etc. Asia-Pacific countries report an increasing demand due to high growth in construction and automotive industry, account for almost 56% of the global demand and expect the demand to rise another 5 million tons. China dominates the Asian and global market due to high demand from packaging and electrical and electronic industries.
Strong growth of the food and beverage industry alongside the pharmaceutical industry in most developing nations is expected to lead to a sharp increase in the demand for Expanded Polystyrene in the near future.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Expanded Polystyrene (EPS) industry for the forecast period 2018-2025?
- What are the major driving forces expected to impact the development of the Expanded Polystyrene (EPS) market across different regions?
- Who are the major driving forces expected to decide the fate of the industry worldwide?
- Who are the prominent market players making a mark in the Expanded Polystyrene (EPS) market with their winning strategies?
- Which industry trends are likely to shape the future of the industry during the forecast period 2018-2025?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Expanded Polystyrene (EPS) market?

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Key elements from table of content:

Chapter 8.
Company Profiles
8.1. BASF SE
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Strategic Initiatives

8.2. S.C. Adeplast S.A
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3.Strategic Initiatives

8.3. Sunpor
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3.Strategic Initiatives
Continued…

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