Global Expanded Polystyrene Market - Predicted Growth, Trends, Opportunity & Analysis
The global expanded polystyrene market is projected to grow from $ 15 billion in 2022 to approximately $ 19 billion by 2028. EPS is an innovative material that offers design and structural integrity to many construction projects. Anticipated growth in the global EPS market can be attributed to growing construction and packaging industries in developing countries. Additionally, EPS offers tangible environmental advantages with enhanced energy efficiency, improved quality of the indoor environment as well as enhanced durability of buildings and packaged products, which is positively impacting the growth of the market. The global expanded polystyrene market can be categorized into product type, end-use, and region. Based on product type, the white EPS segment is expected to be the largest contributor to the global expanded polystyrene market during the forecast period. The thermal resistance of the white matter depends on the density of the finished product. Since the ...