발포 폴리스티렌 시장 규모, 점유율, 성장 분석 : 제품 유형별, 용도별, 최종 이용 산업별, 지역별 - 산업 예측(2025-2032년)

Expanded Polystyrene Market size was valued at USD 11.1 billion in 2023 and is poised to grow from USD 11.79 billion in 2024 to USD 19.07 billion by 2032, growing at a CAGR of 6.2% during the forecast period (2025-2032).

The global expanded polystyrene (EPS) market is poised for growth through 2032, driven by increased infrastructure development, a booming packaging industry, and rising demand for cold chain logistics, particularly in pharmaceuticals and food sectors. EPS's lightweight, durable, and insulating properties make it indispensable in construction and packaging for fragile goods, electronics, and temperature-sensitive products. Urbanization and industrialization are fueling infrastructure projects, while e-commerce growth emphasizes the need for protective packaging solutions. Innovations in recycling, exemplified by initiatives like the Plastics Industry Association's Polystyrene Recycling Alliance, aim to enhance sustainability and address environmental concerns. New EPS products featuring recycled content, launched by companies like BEWI and Epsilyte, are aligning with eco-friendly trends, providing opportunities for suppliers to differentiate themselves in a competitive landscape.

Top-down and bottom-up approaches were used to estimate and validate the size of the Expanded Polystyrene market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Expanded Polystyrene Market Segments Analysis

Global Expanded Polystyrene Market is segmented by Product Type, Application, End-Use Industry and region. Based on Product Type, the market is segmented into White EPS, Grey EPS and Black EPS. Based on Application, the market is segmented into Construction, Packaging, Automotive and Others. Based on End-Use Industry, the market is segmented into Building & Construction, Packaging and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Expanded Polystyrene Market

The expanded polystyrene (EPS) market is significantly driven by the growing global population, which has led to an increased demand for affordable housing solutions. EPS is a vital material in this context, as it is favored for its cost-effectiveness and ease of handling, making it ideal for low-budget construction projects. Rapid population growth in developing economies such as China, Brazil, and India is particularly enhancing the outlook for the EPS market. As these nations strive to address housing needs, the reliance on expanded polystyrene for building affordable homes continues to escalate, further propelling the market's expansion.

Restraints in the Expanded Polystyrene Market

The Expanded Polystyrene market faces significant challenges primarily due to its nature as a non-biodegradable material, contributing to heightened environmental waste through extensive disposal practices. Furthermore, the implementation of strict regulations concerning the usage and disposal of expanded polystyrene, aimed at minimizing its ecological footprint, is expected to hinder its adoption throughout the analyzed period. These regulatory measures, while essential for protecting the environment, pose considerable constraints on the market, as manufacturers and consumers struggle to navigate the complexities associated with compliance and sustainability, ultimately affecting the overall growth and acceptance of expanded polystyrene products.

Market Trends of the Expanded Polystyrene Market

The Expanded Polystyrene (EPS) market is increasingly aligning itself with circular economy practices, driven by a growing emphasis on sustainability and environmental responsibility. Companies within the EPS sector are adopting advanced recycling technologies and implementing closed-loop systems, which not only minimize waste but also facilitate the reuse of materials post-consumer life. This shift is projected to redefine industry standards, making circular economy principles integral to future operations. As regulatory pressures mount and consumer preferences shift towards eco-friendly options, the focus on recycling and sustainable practices is expected to enhance the market's resilience and competitiveness in the long run.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape

Global Expanded Polystyrene Market Size by Product Type & CAGR (2025-2032)

• Market Overview
• White EPS
• Grey EPS
• Black EPS

Global Expanded Polystyrene Market Size by Application & CAGR (2025-2032)

• Market Overview
• Construction
• Packaging
• Automotive
• Others

Global Expanded Polystyrene Market Size by End-Use Industry & CAGR (2025-2032)

• Market Overview
• Building & Construction
• Packaging
• Others

Global Expanded Polystyrene Market Size & CAGR (2025-2032)

• North America (Product Type, Application, End-Use Industry)
  • US
  • Canada
• Europe (Product Type, Application, End-Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Application, End-Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Application, End-Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Application, End-Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• BASF SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Dow Chemical Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TotalEnergies SE (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SABIC (Saudi Arabia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ineos Styrolution (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Owens Corning (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kaneka Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Borealis AG (Austria)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• StyroChem International Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sunpor Kunststoff GmbH (Austria)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ravago Manufacturing (Belgium)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Versalis S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• UNIPOL (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Flint Hills Resources (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Synthos S.A. (Poland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Alpek S.A.B. de C.V. (Mexico)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Jiangsu Leasty Chemical Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Polimeri Europa (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sekisui Plastics Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations