Lucintel Forecasts the Global Expandable Polystyrene Market to Reach $16.2 billion by 2030
Lucintel Forecasts the Global Expandable Polystyrene Market to Reach $16.2 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global expandable polystyrene market looks promising with opportunities in the construction, packaging, and automotive applications. The global expandable polystyrene market is expected to reach an estimated $16.2 billion by 2030 from $10.0 billion in 2024, at a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are upsurge demand for this substrate in the building and construction industry and growing need for lightweight materials in the automotive sector.
A more than 150-page report to understand trends, opportunity and forecast in expandable polystyrene market to 2030 by product type (white, grey, and others), application (construction, packaging, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that cellulose acetate will remain the largest segment over the forecast period due to the versatility of cellulose acetate esters in a variety of applications including cigarette filters, coatings, plasticizers, and films and tapes.
Download sample by clicking on expandable polystyrene market
APAC will remain the largest region over the forecast period due to its wide use in the formulation of different lubricants owing to their many advantages, which include low cost, convenient availability, excellent performance, and minimal environmental impact in the area.
Eastman Chemical, Solvay, China National Tobacco, Daicel, Celanese, Acordis Cellulosic Fibers, Sappi, Mitsubishi Chemical, Rayonier Advanced Materials, Sichuan Push Acetati are the major suppliers in the expandable polystyrene market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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