This report is accomplished and comprehensive research of the Europe Expanded Polystyrene (EPS) Market 2019-2024 based on the major regional market situations, key driving factors, major competitors, and the size & scope of the market. The Europe Expanded Polystyrene (EPS) Market Research Report is a valuable source of perceptive data for business strategists. It delivers the Market outline with growth study and antique & revolutionary cost, revenue, and demand. The Market Report is designed to include both qualitative and quantitative aspects of the company for each region and country participating in the study.

Top Manufacturers of Europe Expanded Polystyrene (EPS) Market Research Report 2019-2024:

  • BASF SE
  • Bewi StyroChem
  • Jackon GmbH
  • Nova Chemicals Corporation
  • Penoplex SPB
  • Ravago
  • SABIC
  • Sibur
  • Khimprom
  • StyroChem
  • Sundolitt Ltd
  • Sunpor Kunststoff GmbH
  • Synbra Holding B.V.
  • Synthos
  • Unipol Holland B.V.
  • Versalis S.p.A.

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Summary for Europe Expanded Polystyrene (EPS) Market Report:

Europe Expanded Polystyrene market is expected to record a CAGR of over 3% during the forecast period of 2019–2024. The major factors driving the market studied are advantage over competitive materials and growing construction industry in eastern Europe.

- Green alternatives available is expected to hinder the growth of the market studied.
- Recycling in expanded polystyrene industry is likely to act as an opportunity in the forecast period.

Scope of Europe Expanded Polystyrene (EPS) Market Research Report 2019-2024

Global Europe Expanded Polystyrene (EPS) Market is segmented by product type, distribution channel, and region. Based on the product, the market is segmented fruit-based Europe Expanded Polystyrene (EPS) and dairy-based Europe Expanded Polystyrene (EPS) . Fruit-based Europe Expanded Polystyrene (EPS) hold the largest market share and is expected to be the fastest growing segment in the Europe Expanded Polystyrene (EPS) market. On the basis of the distribution channel, the market is segmented into supermarkets/hypermarkets, restaurants, smoothie bars, convenience stores, and others. Moreover, the study provides an analysis of the Europe Expanded Polystyrene (EPS) market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

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Key Market Trends

Grey and Silver EPS to Dominate the Market

- Manufacturers have created a highly competitive market for EPS by modifying the regular grade EPS. The addition of flame retardants, graphite, and other additives have introduced the segment of ‘modified’ EPS.
- Grey EPS is one such innovation wherein the addition of graphite has increased its refractive and reflective properties to provide better thermal insulation. The graphite works on a very small scale to increase the refraction of IR light and make the path for the escaping heat less direct. It has a unique color (gray to black), good mechanical properties, high water resistance, and increased fire resistance.
- This allows for the use of the same equipment used to process conventional EPS. Due to its unique properties, it allows for a reduction in thermal conductivity by 20%, and thus, reduces the board thickness by 20%, while still maintaining the same properties.
- It is used for the insulation of external walls, roof systems, foundations, floors, thermo-acoustic insulation, manufacture of insulated and left-in-place formwork, and lightweight building blocks.
- The use of grey EPS significantly improves the insulation of both old and new buildings and helps meet the criteria for reducing power costs. It has the same density as white EPS; however, it isolates 20% better. This has made it particularly attractive in Europe, where people are becoming more inclined toward housing renovation and lower maintenance costs.
- Although the price for grey EPS is higher than white EPS, the increasing demand from the construction industry is expected to lower its price in the near future.
- Therefore, from the aforementioned points, it cab be observed that there is a demand for EPS market in the region during the forecast period.

Germany to Dominate the Market

- The German economy is the largest in Europe and the fifth in the world. In 2017, the GDP of Germany was over USD 3.7 billion, which represents about 5.59% of the world’s economy. In 2019, the GDP of Germany was over USD 4 billion and increased by 1.5% as compared to the previous year. For the year 2019, the GDP is expected to increase by approximately 0.8% compared to that of the previous year.
- Germany witnessed an increase in the new residential building permits in 2019, and this growth trend is expected to continue, owing to the rising demand for real estate, increasing population, increased job security, and low borrowing costs. Hence, due to the booming housing market and real estate demand, the construction and building industry is expected to grow rapidly, which is expected to increase the consumption of EPS during the forecast period.
- The housing market is facing a strong demand fuelled by rising incomes, low-interest rates, and high levels of net migration. It is estimated that 3.6 million migrants will make it to Germany by 2020. There is housing demand for at least 350,000 new dwellings per year.
- Low-interest rates, coupled with rising incomes, have contributed to increased property prices, particularly in big cities, making it more difficult for middle-class households to afford housing. To alleviate some of the pressure in the housing market, the government introduced the Housing Construction Campaign, a comprehensive package of measures aimed at tackling housing shortages and rising house prices.
- The electrical and electronics industry is one of the major end users of EPS packaging. This is followed by food packaging and packaging of cosmetics and medicines.
- The packaging market in the country remains stable. Plastic packaging solutions are being increasingly used for innovative and customized products.
- These segments are growing moderately in the country and will contribute to the growth of EPS in the country, during the forecast period.

Europe Expanded Polystyrene (EPS) Market Segment by Key Regions:-

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America, Middle East, and Africa

Europe Expanded Polystyrene (EPS) Market Research Report offers the Following Segments:

  • Supply chain trends mapping the latest technological advancements
  • Europe Expanded Polystyrene (EPS) Market Strategic endorsement for the new freshman
  • Europe Expanded Polystyrene (EPS) Market share evaluation for the regional and country-level segments
  • Europe Expanded Polystyrene (EPS) Market forecasts for a minimum of 5 years of all the mentioned segments, sub-segments and the regional markets
  • Europe Expanded Polystyrene (EPS) Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
  • Strategic commendation in key business segments based on the market assessment
  • Company profiling with detailed master plan, financials, and Current developments
  • Competitive landscaping survey the key common trends

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