Extruded Polystyrene (XPS) Market 2019
Generally, as examined in the year 2018, the market was driven by Asia-Pacific supported by Americas and Europe, alone. Extruded polystyrene (XPS) is a rigid foam made from the extrusion of polystyrene in the existence of frothing gas; it is used mainly as a thermal heat-proofing. Extruded polystyrene hard foam is a closed-cell foam material that understands minimum quantity of humidity. The Global Extruded Polystyrene (XPS) Market is expected to register a CAGR of 4.71% to reach USD 3,624.6 Million by 2023. It is produced on extruding devices in the form of uninterrupted foam billets. Extruded polystyrene foam offers superior houses such as assists in moisture management and resists both water absorption and freeze/thaw cycles. Extruded polystyrene is one of the most widely used insulation materials in the green buildings, owing to the materials ability to reduce greenhouse gas emissions and the ability to reduce energy consumption by 6–8%.
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Major Key Players
The projected onlookers in the Global Extruded Polystyrene (XPS) Market are companies like Ravago (Belgium), Kingspan Group (Ireland), Owens Corning (US), EMIRATES EXTRUDED POLYSTYRENE L.L.C. (UAE), JACKON Insulation GmbH (Germany), BASF SE (Germany), Soprema Inc (France), URSA Insulation, S.A. (Spain), Austrotherm (Austria) and Abriso nv (Belgium),
The market overview along with the product definition are given by the reports on the Extruded Polystyrene (XPS)market provides valuable information regarding the market profile. The information regarding the key manufacturing technology and other important market factors have been used to study the growth of the Extruded Polystyrene (XPS)market. To help in the study, the data has been classified based on the different market segments. The key sectors in this market based on the market share and growth rates have been identified for the period 2019-2025. The market data collected has been used for the forecast. The business data regarding the production, revenue, and sales of the key players during the past years has also been provided.
Drivers & Constraints
The Extruded Polystyrene (XPS)market has been extensively studied regarding the key factors influencing the market. The major market drivers that will augment the market growth in the coming years have been studied. The industry-specific risks and challenges that may be detrimental in varying capacities have also been listed out to give an all-round study of the market. The other socio-economic factors that affect the market such as disposable income and living standards have also been covered. The other market opportunities in terms of the key growth sectors and market investment opportunities have been presented in this report.
The market segmentation also covers key regions in the global Extruded Polystyrene (XPS)market based on the geographic segments. The current scenario and market development status for these regional markets have been provided in the report. The regional analysis covers the competitive strategies and other developments. The market competitive landscape has been analyzed with the profiles on the key players operational in each of the regions. This section also covers the product launches in various regional markets, mergers and acquisitions that may impact the global Extruded Polystyrene (XPS)market. The future prospects and forecast in terms of market size has also been provided.
Method of Research
The report on the Extruded Polystyrene (XPS)market provides a qualitative and quantitative assessment of the overall market. Porter’s Five Forces model has been used by a team of analysts to provide the study with a comprehensive analysis of the various market factors. The parameters used for the analysis have been derived using the inputs from industry experts and participants. The report also presents a study on the industry value chain at a global level. The report also provides an in-depth analysis of Extruded Polystyrene (XPS)market trends.
The macro-economic indicators and other governing factors along with market opportunities based on the segmentation have been provided. Both primary and secondary research methods based on the collected data has been done. A SWOT analysis covering the key players in terms of their strengths, opportunities, weaknesses, and threats has been used in the industry analysis. Looking at the market from a futuristic perspective, the Extruded Polystyrene (XPS)market research studies the industry trends, with an outlook of high-growth segments, and industry challenges and opportunities.
Table of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
3 Market Insights
4 Research Methodology
5 Market Dynamics
6 Market Factor Analysis
7 Global Extruded Polystyrene (XPS) Market, by End-use Industry
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