Global Polystyrene Foam
Market Report
2025
The global polystyrene foam market will be USD 26.9 billion in 2024. It will show the strongest growth, with a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. The increasing need for lightweight and durable packaging materials drives this growth.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global polystyrene foam market will be USD 26.9 billion in 2024 and will progress at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Polystyrene Foam Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 5.04% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Form Type |
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Market Split by End-use Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Polystyrene Foam industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Polystyrene Foam Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Polystyrene foam, often referred to as styrofoam, is a lightweight, rigid cellular material derived from polystyrene resin. It is characterized by its excellent thermal insulation properties, buoyancy, and shock-absorbing capabilities, making it widely used in packaging, insulation boards, and disposable food containers. The market for polystyrene foam has experienced steady growth driven by its versatility and cost-effectiveness in various industries, including construction for insulating buildings, packaging for protecting goods during transit, and food service for maintaining temperature and freshness. Despite concerns over its environmental impact due to its non-biodegradable nature and potential for littering, advancements in recycling technologies and increased adoption of sustainable practices are reshaping its market dynamics. Innovations such as bio-based alternatives and improved recycling processes are expected to contribute to its continued growth as regulations and consumer preferences increasingly prioritize environmental sustainability in material choices.
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In February 2023, Pactiv Evergreen, a leading producer of fresh food and beverage packaging in North America, teamed up with AmSty, the leading producer of polystyrene in North America and a pioneer in circular recycling of polystyrene. Pactiv Evergreen offered customers innovative foam polystyrene packaging products with AmSty’s post-consumer recycled content derived from advanced recycling technologies. (Source: https://investors.pactivevergreen.com/news-releases/news-release-details/pactiv-evergreen-and-amsty-launch-circular-polystyrene-food)
Top Companies Market Share in Polystyrene Foam Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America governed the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the polystyrene foam market due to extensive applications in packaging, construction, and consumer goods. The region benefits from established infrastructure, technological advancements, and robust demand for insulated packaging solutions and building materials, driving substantial market growth and adoption.
Asia-Pacific stands out as the fastest-growing region in the polystyrene Foam market due to rapid urbanization, expanding construction activities, and increasing consumer demand for packaged goods. The region's burgeoning middle class fuels demand for efficient and affordable insulation solutions in buildings and transportation. Additionally, the rise of e-commerce drives the need for protective packaging, further propelling the market's growth in this dynamic region.
The current report Scope analyzes Polystyrene Foam Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Polystyrene Foam Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Polystyrene Foam Industry growth. Polystyrene Foam market has been segmented with the help of its Form Type, End-use Industry , and others. Polystyrene Foam market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, expanded polystyrene (EPS) holds a major market share in the polystyrene foam market due to its widespread use in the insulation and packaging sectors. EPS is favored for its lightweight structure, exceptional thermal insulation properties, and affordability, making it a preferred choice in construction for insulating roofs, walls, and foundations. In packaging, EPS's ability to protect fragile items during transit and its moldability for customized shapes further enhance its market dominance. Its continued popularity is bolstered by advancements in recycling technologies and growing demand for sustainable packaging solutions worldwide.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Polystyrene Foam Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Polystyrene Foam Market.
Some of the key End-use Industry of Polystyrene Foam are:
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Polystyrene Foam Market is witnessing significant growth in the near future.
In 2023, the EPS segment accounted for noticeable share of global Polystyrene Foam Market and is projected to experience significant growth in the near future.
The EPS segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Loyal Group (China) , Ltd. (China) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Form Type | EPS, XPS |
End-use Industry | EPS, Building & Construction, Packaging, Others, XPS, Construction & Industrial Insulation, Packaging |
List of Competitors | Loyal Group (China), Wuxi Xingda New Foam Plastics Materials Co., Ltd. (China), BASF SE (Germany), Synthos S.A. (Poland), Jiangsu Leasty Chemicals Co., Ltd. (China), Sunpor Kunststoff GmbH (Austria), Total SE (France), Taita Chemical Co., Ltd. (Taiwan), Versalis S.p.A (Italy), DuPont (US) |
This chapter will help you gain GLOBAL Market Analysis of Polystyrene Foam. Further deep in this chapter, you will be able to review Global Polystyrene Foam Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Polystyrene Foam. Further deep in this chapter, you will be able to review North America Polystyrene Foam Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Polystyrene Foam. Further deep in this chapter, you will be able to review Europe Polystyrene Foam Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Polystyrene Foam. Further deep in this chapter, you will be able to review Asia Pacific Polystyrene Foam Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Polystyrene Foam. Further deep in this chapter, you will be able to review South America Polystyrene Foam Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Polystyrene Foam. Further deep in this chapter, you will be able to review Middle East and Africa Polystyrene Foam Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Polystyrene Foam. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Form Type Analysis 2019 -2031, will provide market size split by Form Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Form Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End-use Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Polystyrene Foam market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why EPS have a significant impact on Polystyrene Foam market? |
What are the key factors affecting the EPS and XPS of Polystyrene Foam Market? |
What is the CAGR/Growth Rate of EPS during the forecast period? |
By type, which segment accounted for largest share of the global Polystyrene Foam Market? |
Which region is expected to dominate the global Polystyrene Foam Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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