押出ポリスチレン市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年1月

Extruded Polystyrene Market – Global Forecast to 2028

押出ポリスチレン市場 : 用途 (基礎、屋根、壁、床、天井)、最終用途産業 (住宅、商業)、地域別 (北米、ヨーロッパ、アジア太平洋、南米、中東、アフリカ) – 2028年までの世界予測
Extruded Polystyrene Market by Application (Foundation, Roof, Wall, Floor & Ceiling), End-use Industry (Residential, Commercial), and Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Global Forecast to 2028

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Report Overview

The extruded polystyrene market is poised for significant growth, with a projected value of USD 6.9 billion by 2028, exhibiting a robust CAGR of 4.3% from its 2023 value of USD 5.6 billion.

押出ポリスチレン市場は、2028年までに69億米ドルに達すると予測され、2023年の56億米ドルから4.3%という堅調なCAGRを示し、大幅な成長を遂げる態勢が整っています。

The extruded polystyrene market is witnessing substantial growth, primarily driven by two key factors. One of the main factors is its exceptional thermal insulation capabilities in the construction industry. International initiatives aim to lower building energy consumption, and the extruded polystyrene satisfies strict energy norms and requirements, improving building efficiency. Second, extruded polystyrene exhibits properties such as high compressive strength and moisture resistance, making it a durable material suitable for various applications. These combined forces are propelling the demand for extruded polystyrene in various end-use industries such as residential, commercial, and others.

押出ポリスチレン市場 : 2028年までの世界予測


“Foundation segment was the largest application of extruded polystyrene in 2022, in terms of value.”
The foundation segment is the largest application in the extruded polystyrene market due to its versatile properties. Extruded polystyrene plays a critical role in providing thermal insulation and moisture resistance beneath building foundations. Extruded polystyrene insulation boards are placed below the concrete slab of a building, helping to reduce heat loss, prevent moisture intrusion, and enhance the structural stability of the foundation. This segment’s significance is attributed to the ongoing emphasis on energy-efficient construction practices and the need to comply with building codes, where extruded polystyrene plays a vital role in ensuring improved energy performance and durability of buildings. It is widely used in various end-use industries, including residential, commercial, and others, making it the preferred choice for manufacturers and the construction industry seeking a balance between quality and sustainability.

押出ポリスチレン市場 : 2028年までの世界予測 ecosystem


“Residential segment is estimated to be the largest end-use industry of extruded polystyrene market in 2022, in terms of value.”
The residential segment dominates the extruded polystyrene market due to many vital factors. The residential segment was indeed one of the largest end-use industries for extruded polystyrene due to its extensive applications in residential construction. Extruded polystyrene insulation finds wide use in residential buildings for insulating walls, floors, roofs, and basements. This is a favorably chosen material that contributes to energy efficiency, comfortable indoor conditions, and adherence to building codes because of its outstanding thermal insulating qualities, moisture resistance, and structural support. Extruded polystyrene is also becoming increasingly popular in the residential industry because of changing industry standards and regulatory pressure.


“Europe is estimated to be the largest extruded polystyrene market in 2022, in terms of value.”
Europe held a dominant position in the extruded polystyrene market in 2022, owing to the presence of significant players such as Kingspan Group PLC, BASF SE, Synthos S.A., Ravago S.A., Saint-Gobain, who have strengthened the region’s standing in this industry. Europe has a significant market for extruded polystyrene, primarily due to stringent building regulations emphasizing energy efficiency and insulation standards in construction practices across the region. These regulations have driven the widespread adoption of extruded polystyrene in various construction applications, including residential, commercial, and other projects.

押出ポリスチレン市場 : 2028年までの世界予測 region


In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees is as follows:
• By Company Type: Tier 1 – 69%, Tier 2 – 23%, and Tier 3 – 8%
• By Designation: – Director Level – 27%, C-Level – 25%, and Others – 48%
• By Region: North America – 32%, Europe – 28%, Asia Pacific – 21%, South America – 12%, and Middle East & Africa – 7%
The key market players illustrated in the report include Kingspan Group PLC (Ireland), Owens Corning (US), BASF SE (Germany), Synthos S.A. (Poland), Ravago S.A. (Belgium), Saint-Gobain (France), Dupont de Nemours, Inc. (US), Dow Inc. (US), Kaneka Corporation (Japan), and Supreme Petrochem Ltd. (India).


Research Coverage
This report segments the market for extruded polystyrene on the basis of application, end-use industry, and region and provides estimations for the overall value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for extruded polystyrene.
Reasons to buy this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the extruded polystyrene market; high-growth regions; and market drivers, restraints, opportunities, and challenges.


The report provides insights on the following pointers:
• Analysis of key drivers (Growing construction industries in developing nations, Increasing focus on sustainability and green building, Expanding applications in infrastructure projects, Advancement in manufacturing technologies), restraints (Environmental concerns and regulatory pressures, Availability of high-performance substitute), opportunities (Easy recyclability of polystyrene products, Consumer preference for longevity), and challenges (Fluctuation in raw material cost and supply)
• Market Penetration: Comprehensive information on extruded polystyrene offered by top players in the global extruded polystyrene market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the extruded polystyrene market
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for extruded polystyrene across regions.
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global extruded polystyrene market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the extruded polystyrene market
• Impact of recession on the extruded polystyrene market

Table of Contents

1            INTRODUCTION            38

1.1         STUDY OBJECTIVES      38

1.2         MARKET DEFINITION   38

1.2.1      EXTRUDED POLYSTYRENE MARKET: INCLUSIONS AND EXCLUSIONS              38

1.2.2      EXTRUDED POLYSTYRENE MARKET: DEFINITION AND INCLUSIONS, BY APPLICATION           39

1.2.3      EXTRUDED POLYSTYRENE MARKET: DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY 39

1.3         MARKET SCOPE             40

1.3.1      EXTRUDED POLYSTYRENE MARKET SEGMENTATION  40

1.3.2      REGIONAL SCOPE         40

1.4         YEARS CONSIDERED     41

1.5         CURRENCY CONSIDERED          41

1.6         UNITS CONSIDERED     41

1.7         STAKEHOLDERS            41

2            RESEARCH METHODOLOGY     42

2.1         RESEARCH DATA           42

FIGURE 1           EXTRUDED POLYSTYRENE MARKET: RESEARCH DESIGN              42

2.1.1      SECONDARY DATA       43

2.1.2      PRIMARY DATA 43

2.1.2.1   Primary interviews–demand and supply sides 43

2.1.2.2   Key industry insights          44

2.1.2.3   Breakdown of primary interviews     44

2.2         MARKET SIZE ESTIMATION       45

2.2.1      BOTTOM-UP APPROACH           45

FIGURE 2           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) – COLLECTIVE SHARE OF KEY PLAYERS 45

FIGURE 3           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE) – COLLECTIVE REVENUE OF ALL PRODUCTS (BOTTOM-UP)              46

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) – END-USE INDUSTRY (BOTTOM-UP)  47

2.2.2      TOP-DOWN APPROACH             47

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4 – TOP DOWN       47

FIGURE 6           BASE NUMBER CALCULATION AND VALIDATION APPROACH USING PARENT MARKET – 2022 48

2.3         DATA TRIANGULATION             48

FIGURE 7           EXTRUDED POLYSTYRENE MARKET: DATA TRIANGULATION              49

2.4         GROWTH RATE ASSUMPTIONS/GROWTH FORECAST    49

2.4.1      SUPPLY-SIDE ANALYSIS             50

FIGURE 8           MARKET CAGR PROJECTIONS FROM SUPPLY SIDE         50

2.4.2      DEMAND-SIDE ANALYSIS           50

FIGURE 9           MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES             51

2.5         FACTOR ANALYSIS        52

2.6         IMPACT OF RECESSION 52

2.7         ASSUMPTIONS 53

2.8         LIMITATIONS   53

2.9         RISK ASSESSMENT         53

TABLE 1             EXTRUDED POLYSTYRENE MARKET: RISK ASSESSMENT              53

3            EXECUTIVE SUMMARY 54

FIGURE 10         FOUNDATION WAS LARGEST APPLICATION OF EXTRUDED POLYSTYRENE MARKET IN 2022             54

FIGURE 11         RESIDENTIAL TO BE LARGEST END-USE INDUSTRY OF EXTRUDED POLYSTYRENE DURING FORECAST PERIOD             55

FIGURE 12         EUROPE ACCOUNTED FOR LARGEST SHARE OF EXTRUDED POLYSTYRENE MARKET IN 2022             56

4            PREMIUM INSIGHTS      57

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN EXTRUDED POLYSTYRENE MARKET             57

FIGURE 13         EUROPE TO BE LARGEST MARKET FOR EXTRUDED POLYSTYRENE 57

4.2         EXTRUDED POLYSTYRENE MARKET, BY REGION            57

FIGURE 14         ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD              57

4.3         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY AND APPLICATION  58

FIGURE 15         FOUNDATION AND GERMANY ACCOUNTED FOR LARGEST SHARES OF EUROPE EXTRUDED POLYSTYRENE MARKET IN 2022           58

4.4         EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY AND REGION             58

FIGURE 16         RESIDENTIAL SEGMENT LED EXTRUDED POLYSTYRENE MARKET IN 2022             58

4.5         EXTRUDED POLYSTYRENE MARKET, BY KEY COUNTRIES           59

FIGURE 17         MALAYSIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD              59

5            MARKET OVERVIEW     60

5.1         INTRODUCTION            60

5.2         MARKET DYNAMICS     60

FIGURE 18         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN EXTRUDED POLYSTYRENE MARKET 60

5.2.1      DRIVERS            61

5.2.1.1   Growing construction industries in developing nations 61

TABLE 2             10 MEGA PROJECTS IN INDIA    61

5.2.1.2   Increasing focus on sustainability and green building   62

5.2.1.3   Expanding applications in infrastructure projects         62

5.2.1.4   Advancements in manufacturing technologies             62

5.2.2      RESTRAINTS     63

5.2.2.1   Environmental concerns and regulatory pressures        63

5.2.2.2   Availability of high-performance substitute    63

5.2.3      OPPORTUNITIES           64

5.2.3.1   Easy recyclability of polystyrene products      64

5.2.3.2   Consumer preference for longevity  64

5.2.4      CHALLENGES   64

5.2.4.1   Fluctuations in raw material cost and supply  64

5.3         PORTER’S FIVE FORCES ANALYSIS         65

FIGURE 19         EXTRUDED POLYSTYRENE MARKET: PORTER’S FIVE FORCES ANALYSIS          65

5.3.1      THREAT OF NEW ENTRANTS    65

5.3.2      THREAT OF SUBSTITUTES         66

5.3.3      BARGAINING POWER OF SUPPLIERS     66

5.3.4      BARGAINING POWER OF BUYERS           66

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 66

TABLE 3             EXTRUDED POLYSTYRENE MARKET: PORTER’S FIVE FORCES ANALYSIS          67

5.4         MACROECONOMIC INDICATORS           67

5.4.1      GDP TRENDS AND FORECASTS OF MAJOR ECONOMIES 67

TABLE 4             GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2020–2028 (USD BILLION)      67

6            INDUSTRY TRENDS       68

6.1         SUPPLY CHAIN ANALYSIS          68

FIGURE 20         EXTRUDED POLYSTYRENE MARKET: SUPPLY CHAIN ANALYSIS              68

6.1.1      RAW MATERIALS           68

6.1.2      MANUFACTURING        68

6.1.3      DISTRIBUTION NETWORK         69

6.1.4      END-USE INDUSTRIES  69

6.2         KEY STAKEHOLDERS AND BUYING CRITERIA    69

6.2.1      KEY STAKEHOLDERS IN BUYING PROCESS         69

FIGURE 21         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP 3 END-USE INDUSTRIES             69

TABLE 5             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP 3 END-USE INDUSTRIES (%)      70

6.2.2      BUYING CRITERIA         70

FIGURE 22         KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES              70

TABLE 6             KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES              70

6.3         PRICING ANALYSIS        71

6.3.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY         71

FIGURE 23         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY 71

TABLE 7             AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY (USD THOUSAND/CUBIC METER)          71

6.3.2      AVERAGE SELLING PRICE TREND, BY REGION  72

FIGURE 24         AVERAGE SELLING PRICE TREND OF EXTRUDED POLYSTYRENE, BY REGION (USD THOUSAND/CUBIC METER)  72

TABLE 8             AVERAGE SELLING PRICE TREND OF EXTRUDED POLYSTYRENE, BY REGION (USD THOUSAND/CUBIC METER)  72

6.4         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS     73

6.4.1      REVENUE SHIFTS AND NEW REVENUE POCKETS FOR EXTRUDED POLYSTYRENE MARKET             73

FIGURE 25         REVENUE SHIFT FOR EXTRUDED POLYSTYRENE MARKET              73

6.5         EXTRUDED POLYSTYRENE MARKET: ECOSYSTEM         74

FIGURE 26         EXTRUDED POLYSTYRENE MARKET: ECOSYSTEM/MARKET MAP      74

TABLE 9             EXTRUDED POLYSTYRENE MARKET: ROLE IN ECOSYSTEM              75

6.6         TECHNOLOGY ANALYSIS           76

6.6.1      CONTINUOUS REACTIVE EXTRUSION (CRE) TECHNOLOGY      76

TABLE 10           BENEFITS OF CONTINUOUS REACTIVE EXTRUSION (CRE) TECHNOLOGY 76

6.7         CASE STUDY ANALYSIS 76

6.7.1      CASE STUDY OF SAINT-GOBAIN             76

6.7.2      CASE STUDY OF DOW INC.         77

6.7.3      CASE STUDY OF BASF SE            77

6.8         TRADE DATA STATISTICS          78

6.8.1      IMPORT SCENARIO OF EXTRUDED POLYSTYRENE        78

FIGURE 27         IMPORT OF EXTRUDED POLYSTYRENE, BY KEY COUNTRIES (2017–2022)       78

TABLE 11           IMPORT OF EXTRUDED POLYSTYRENE, BY REGION, 2017–2022 (USD MILLION) 78

6.8.2      EXPORT SCENARIO OF EXTRUDED POLYSTYRENE        79

FIGURE 28         EXPORT OF EXTRUDED POLYSTYRENE, BY KEY COUNTRIES (2017–2022)       79

TABLE 12           EXPORT OF EXTRUDED POLYSTYRENE, BY REGION, 2017–2022 (USD MILLION) 79

6.9         TARIFF AND REGULATORY LANDSCAPE            79

6.9.1      REGULATIONS FOR EXTRUDED POLYSTYRENE MARKET           80

TABLE 13           NORTH AMERICA: REGULATIONS FOR EXTRUDED POLYSTYRENE 80

TABLE 14           EUROPE: REGULATIONS FOR EXTRUDED POLYSTYRENE              80

TABLE 15           ASIA PACIFIC: REGULATIONS FOR EXTRUDED POLYSTYRENE              81

6.9.2      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          83

6.10       KEY CONFERENCES AND EVENTS IN 2023–2024 83

TABLE 16           EXTRUDED POLYSTYRENE MARKET: KEY CONFERENCES & EVENTS             83

6.11       PATENT ANALYSIS        84

6.11.1    APPROACH       84

6.11.2    DOCUMENT TYPE         84

TABLE 17           PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS, AND GRANTED PATENTS          84

FIGURE 29         PATENTS REGISTERED IN EXTRUDED POLYSTYRENE, 2012–2023      84

FIGURE 30         LIST OF MAJOR PATENTS FOR EXTRUDED POLYSTYRENE              85

6.11.3    TOP APPLICANTS          86

TABLE 18           LIST OF MAJOR PATENTS OF EXTRUDED POLYSTYRENE              86

TABLE 19           PATENTS BY INEOS STYROLUTION GROUP GMBH         88

TABLE 20           PATENTS BY BASF SE    89

TABLE 21           PATENTS BY LG CHEM LTD       90

TABLE 22           TOP 10 PATENT OWNERS IN CHINA, 2012–2023  90

FIGURE 31         LEGAL STATUS OF PATENTS FILED IN EXTRUDED POLYSTYRENE MARKET             91

6.11.4    JURISDICTION ANALYSIS           91

FIGURE 32         MAXIMUM PATENTS FILED IN JURISDICTION OF CHINA              91

7            EXTRUDED POLYSTYRENE MARKET, BY APPLICATION 92

7.1         INTRODUCTION            93

FIGURE 33         FOUNDATION SEGMENT TO LEAD EXTRUDED POLYSTYRENE MARKET DURING FORECAST PERIOD   93

TABLE 23           EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (THOUSAND CUBIC METERS)        94

TABLE 24           EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (THOUSAND CUBIC METERS)        94

TABLE 25           EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     94

TABLE 26           EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     95

7.2         FOUNDATION  95

7.2.1      USE TO PREVENT ENERGY LOSS THROUGH BASEMENT OR FOUNDATION IN REAL ESTATE INDUSTRY TO DRIVE MARKET 95

TABLE 27           FOUNDATION: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)           95

TABLE 28           FOUNDATION: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)           96

TABLE 29           FOUNDATION: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION)       96

TABLE 30           FOUNDATION: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (USD MILLION)       96

7.3         ROOF   97

7.3.1      ERADICATING MOISTURE CONDENSATION WITHIN BUILDING STRUCTURES TO DRIVE MARKET          97

TABLE 31           ROOF: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)        97

TABLE 32           ROOF: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)        97

TABLE 33           ROOF: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION)     98

TABLE 34           ROOF: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (USD MILLION)     98

7.4         WALL   98

7.4.1      SAFEGUARDING COMPLETE STRUCTURAL INTEGRITY OF WALLS TO DRIVE MARKET 98

TABLE 35           WALLS: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)        99

TABLE 36           WALLS: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)        99

TABLE 37           WALLS: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION)     100

TABLE 38           WALLS: EXTRUDED POLYSTYRENE MARKET, BY REGION,2022–2028 (USD MILLION)     100

7.5         FLOOR & CEILING         100

7.5.1      PREVENTING HVAC SYSTEMS FROM ENERGY LOSS TO DRIVE MARKET              100

TABLE 39           FLOOR & CEILING: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)           101

TABLE 40           FLOOR & CEILING: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)           101

TABLE 41           FLOOR & CEILING: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION)       101

TABLE 42           FLOOR & CEILING: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (USD MILLION)       102

7.6         OTHER APPLICATIONS 102

7.6.1      PIPES    102

7.6.2      MARINE INSULATION   102

7.6.3      UTILITY INSULATION   103

TABLE 43           OTHER APPLICATIONS: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)     103

TABLE 44           OTHER APPLICATIONS: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)     103

TABLE 45           OTHER APPLICATIONS: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION)  104

TABLE 46           OTHER APPLICATIONS: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (USD MILLION)  104

8            EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY    105

8.1         INTRODUCTION            106

FIGURE 34         RESIDENTIAL TO BE LARGEST END-USE INDUSTRY OF EXTRUDED POLYSTYRENE MARKET DURING FORECAST PERIOD          106

TABLE 47           EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)             106

TABLE 48           EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)             107

TABLE 49           EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)          107

TABLE 50           EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)          107

8.2         RESIDENTIAL   107

8.2.1      INCREASING POPULATION AND GROWING URBANIZATION TO DRIVE MARKET            107

TABLE 51           RESIDENTIAL: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)           108

TABLE 52           RESIDENTIAL: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)           108

TABLE 53           RESIDENTIAL: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION)       109

TABLE 54           RESIDENTIAL: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (USD MILLION)       109

8.3         COMMERCIAL  109

8.3.1      GROWING DEMAND FOR COMMERCIAL CONSTRUCTION TO DRIVE MARKET            109

TABLE 55           COMMERCIAL: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)           110

TABLE 56           COMMERCIAL: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)           110

TABLE 57           COMMERCIAL: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION)       110

TABLE 58           COMMERCIAL: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (USD MILLION)       111

8.4         OTHER END-USE INDUSTRIES  111

TABLE 59           OTHER END-USE INDUSTRIES: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)  111

TABLE 60           OTHER END-USE INDUSTRIES: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)  112

TABLE 61           OTHER END-USE INDUSTRIES: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION)            112

TABLE 62           OTHER END-USE INDUSTRIES: EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (USD MILLION)            112

9            EXTRUDED POLYSTYRENE MARKET, BY REGION            113

9.1         INTRODUCTION            114

FIGURE 35         ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       114

TABLE 63           EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (THOUSAND CUBIC METERS)   115

TABLE 64           EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (THOUSAND CUBIC METERS)   115

TABLE 65           EXTRUDED POLYSTYRENE MARKET, BY REGION, 2017–2021 (USD MILLION) 116

TABLE 66           EXTRUDED POLYSTYRENE MARKET, BY REGION, 2022–2028 (USD MILLION) 116

9.2         ASIA PACIFIC    116

FIGURE 36         ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET SNAPSHOT              117

9.2.1      RECESSION IMPACT ON ASIA PACIFIC   117

9.2.2      ASIA PACIFIC EXTRUDED POLYSTYRENE MARKET, BY APPLICATION              118

TABLE 67           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (THOUSAND CUBIC METERS) 118

TABLE 68           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (THOUSAND CUBIC METERS) 118

TABLE 69           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (USD MILLION)           119

TABLE 70           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (USD MILLION)           119

9.2.3      ASIA PACIFIC EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY         119

TABLE 71           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)            119

TABLE 72           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)            120

TABLE 73           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)         120

TABLE 74           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)         120

9.2.4      ASIA PACIFIC EXTRUDED POLYSTYRENE MARKET, BY COUNTRY              121

TABLE 75           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (THOUSAND CUBIC METERS)       121

TABLE 76           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (THOUSAND CUBIC METERS)       121

TABLE 77           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (USD MILLION)    122

TABLE 78           ASIA PACIFIC: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (USD MILLION)    122

9.2.4.1   China     122

9.2.4.1.1 Energy conservation law to reduce energy losses in buildings to drive demand              122

TABLE 79           CHINA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      123

TABLE 80           CHINA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      123

TABLE 81           CHINA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   123

TABLE 82           CHINA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   124

9.2.4.2   Japan     124

9.2.4.2.1 Stringent energy conservation goals to drive market     124

TABLE 83           JAPAN: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      124

TABLE 84           JAPAN: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      125

TABLE 85           JAPAN: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   125

TABLE 86           JAPAN: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   125

9.2.4.3   India      126

9.2.4.3.1 Growing middle-class population and urbanization to drive market          126

TABLE 87           INDIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      126

TABLE 88           INDIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      126

TABLE 89           INDIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   127

TABLE 90           INDIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   127

9.2.4.4   South Korea        127

9.2.4.4.1 Low domestic construction activities to hamper market growth  127

TABLE 91           SOUTH KOREA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)            128

TABLE 92           SOUTH KOREA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)            128

TABLE 93           SOUTH KOREA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)         128

TABLE 94           SOUTH KOREA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)         129

9.2.4.5   Thailand 129

9.2.4.5.1 New residential constructions to drive market due to residential building standards              129

TABLE 95           THAILAND: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      129

TABLE 96           THAILAND: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      130

TABLE 97           THAILAND: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   130

TABLE 98           THAILAND: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   130

9.2.4.6   Indonesia             131

9.2.4.6.1 Manufacturers adopting sustainable practices to reduce CO2 emission & decrease waste to drive market         131

TABLE 99           INDONESIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      131

TABLE 100         INDONESIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      131

TABLE 101         INDONESIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   132

TABLE 102         INDONESIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   132

9.2.4.7   Malaysia 132

9.2.4.7.1 Rural projects and manufacturing sector to drive demand          132

TABLE 103         MALAYSIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      132

TABLE 104         MALAYSIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      133

TABLE 105         MALAYSIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   133

TABLE 106         MALAYSIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   133

9.3         NORTH AMERICA          134

FIGURE 37         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET SNAPSHOT        134

9.3.1      RECESSION IMPACT ON NORTH AMERICA         135

9.3.2      NORTH AMERICA EXTRUDED POLYSTYRENE MARKET, BY APPLICATION  135

TABLE 107         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (THOUSAND CUBIC METERS) 135

TABLE 108         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (THOUSAND CUBIC METERS) 135

TABLE 109         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (USD MILLION)           136

TABLE 110         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (USD MILLION)           136

9.3.3      NORTH AMERICA EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY         137

TABLE 111         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)   137

TABLE 112         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)   137

TABLE 113         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 137

TABLE 114         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 138

9.3.4      NORTH AMERICA EXTRUDED POLYSTYRENE MARKET, BY COUNTRY              138

TABLE 115         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (THOUSAND CUBIC METERS)       138

TABLE 116         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (THOUSAND CUBIC METERS)       138

TABLE 117         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (USD MILLION)    139

TABLE 118         NORTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (USD MILLION)    139

9.3.4.1   US         139

9.3.4.1.1 Growth of residential housing sector to drive market    139

TABLE 119         US: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      139

TABLE 120         US: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      140

TABLE 121         US: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   140

TABLE 122         US: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   140

9.3.4.2   Canada  141

9.3.4.2.1 Economic and construction industry growth to drive market      141

TABLE 123         CANADA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      141

TABLE 124         CANADA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      141

TABLE 125         CANADA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   142

TABLE 126         CANADA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   142

9.3.4.3   Mexico  142

9.3.4.3.1 Boost from government for green buildings to increase demand 142

TABLE 127         MEXICO: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      143

TABLE 128         MEXICO: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      143

TABLE 129         MEXICO: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   143

TABLE 130         MEXICO: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   144

9.4         EUROPE             144

FIGURE 38         EUROPE: EXTRUDED POLYSTYRENE MARKET SNAPSHOT              145

9.4.1      RECESSION IMPACT ON EUROPE           145

9.4.2      EUROPE EXTRUDED POLYSTYRENE MARKET, BY APPLICATION              146

TABLE 131         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (THOUSAND CUBIC METERS) 146

TABLE 132         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (THOUSAND CUBIC METERS) 146

TABLE 133         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (USD MILLION)           147

TABLE 134         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (USD MILLION)           147

9.4.3      EUROPE EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY              147

TABLE 135         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      147

TABLE 136         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      148

TABLE 137         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   148

TABLE 138         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   148

9.4.4      EUROPE EXTRUDED POLYSTYRENE MARKET, BY COUNTRY      149

TABLE 139         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (THOUSAND CUBIC METERS)             149

TABLE 140         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (THOUSAND CUBIC METERS)             149

TABLE 141         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (USD MILLION)          150

TABLE 142         EUROPE: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (USD MILLION)          150

9.4.4.1   Germany             151

9.4.4.1.1 Increasing focus on construction industry to drive market          151

TABLE 143         GERMANY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      151

TABLE 144         GERMANY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      151

TABLE 145         GERMANY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   152

TABLE 146         GERMANY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   152

9.4.4.2   UK         152

9.4.4.2.1 New residential and commercial infrastructure to drive market  152

TABLE 147         UK: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      152

TABLE 148         UK: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      153

TABLE 149         UK: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   153

TABLE 150         UK: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   153

9.4.4.3   France   154

9.4.4.3.1 EU energy conservation and emission reduction goals to drive market     154

TABLE 151         FRANCE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      154

TABLE 152         FRANCE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      154

TABLE 153         FRANCE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   155

TABLE 154         FRANCE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   155

9.4.4.4   Italy       155

9.4.4.4.1 New construction projects to drive demand   155

TABLE 155         ITALY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      156

TABLE 156         ITALY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      156

TABLE 157         ITALY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   156

TABLE 158         ITALY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   157

9.4.4.5   Spain     157

9.4.4.5.1 Construction sector to drive demand             157

TABLE 159         SPAIN: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      157

TABLE 160         SPAIN: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      157

TABLE 161         SPAIN: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   158

TABLE 162         SPAIN: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   158

9.4.4.6   Poland   158

9.4.4.6.1 Polish infrastructure industry to drive market 158

TABLE 163         POLAND: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      159

TABLE 164         POLAND: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      159

TABLE 165         POLAND: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   159

TABLE 166         POLAND: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   160

9.4.4.7   Russia    160

9.4.4.7.1 Demand for thermal insulation, water-resistant extruded polystyrene board, and other construction materials to drive market  160

TABLE 167         RUSSIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      160

TABLE 168         RUSSIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      161

TABLE 169         RUSSIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   161

TABLE 170         RUSSIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   161

9.4.4.8   Turkey   162

9.4.4.8.1 Growth in domestic construction sector to increase demand      162

TABLE 171         TURKEY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      162

TABLE 172         TURKEY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      162

TABLE 173         TURKEY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   163

TABLE 174         TURKEY: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   163

9.5         SOUTH AMERICA           163

9.5.1      RECESSION IMPACT ON SOUTH AMERICA         163

9.5.2      SOUTH AMERICA EXTRUDED POLYSTYRENE MARKET, BY APPLICATION  164

TABLE 175         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (THOUSAND CUBIC METERS) 164

TABLE 176         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (THOUSAND CUBIC METERS) 164

TABLE 177         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (USD MILLION)           165

TABLE 178         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (USD MILLION)           165

9.5.3      SOUTH AMERICA EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY         165

TABLE 179         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)   165

TABLE 180         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)   166

TABLE 181         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 166

TABLE 182         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 166

9.5.4      SOUTH AMERICA EXTRUDED POLYSTYRENE MARKET, BY COUNTRY              167

TABLE 183         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (THOUSAND CUBIC METERS)       167

TABLE 184         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (THOUSAND CUBIC METERS)       167

TABLE 185         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (USD MILLION)    167

TABLE 186         SOUTH AMERICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (USD MILLION)    168

9.5.4.1   Brazil     168

9.5.4.1.1 Private sector participation in infrastructure development to drive market              168

TABLE 187         BRAZIL: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      168

TABLE 188         BRAZIL: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      168

TABLE 189         BRAZIL: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   169

TABLE 190         BRAZIL: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   169

9.5.4.2   Argentina            169

9.5.4.2.1 Favorable construction outlook to drive market            169

TABLE 191         ARGENTINA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)            170

TABLE 192         ARGENTINA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)            170

TABLE 193         ARGENTINA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)         170

TABLE 194         ARGENTINA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)         171

9.5.4.3   Columbia             171

9.5.4.3.1 Demand for high-performance, cost-effective, and environmentally advanced building products to drive market    171

TABLE 195         COLUMBIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      171

TABLE 196         COLUMBIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      172

TABLE 197         COLUMBIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   172

TABLE 198         COLUMBIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   172

9.6         MIDDLE EAST & AFRICA             173

9.6.1      RECESSION IMPACT ON MIDDLE EAST & AFRICA           173

9.6.2      MIDDLE EAST & AFRICA EXTRUDED POLYSTYRENE MARKET, BY APPLICATION  174

TABLE 199         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (THOUSAND CUBIC METERS)        174

TABLE 200         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (THOUSAND CUBIC METERS)        174

TABLE 201         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2017–2021 (USD MILLION)     175

TABLE 202         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY APPLICATION, 2022–2028 (USD MILLION)     175

9.6.3      MIDDLE EAST & AFRICA EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY 175

TABLE 203         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)           175

TABLE 204         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)           176

TABLE 205         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)        176

TABLE 206         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)        176

9.6.4      MIDDLE EAST & AFRICA EXTRUDED POLYSTYRENE MARKET, BY COUNTRY         177

TABLE 207         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (THOUSAND CUBIC METERS) 177

TABLE 208         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (THOUSAND CUBIC METERS) 177

TABLE 209         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2017–2021 (USD MILLION)            178

TABLE 210         MIDDLE EAST & AFRICA: EXTRUDED POLYSTYRENE MARKET, BY COUNTRY, 2022–2028 (USD MILLION)            178

9.6.4.1   GCC      178

9.6.4.1.1 Increased investments in building & construction industry to drive market              178

TABLE 211         GCC: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      179

TABLE 212         GCC: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      179

TABLE 213         GCC: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   179

TABLE 214         GCC: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   180

9.6.4.1.2 Saudi Arabia        180

9.6.4.1.2.1           Promotion of foreign and private investments to drive market   180

TABLE 215         SAUDI ARABIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)            180

TABLE 216         SAUDI ARABIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)            181

TABLE 217         SAUDI ARABIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)         181

TABLE 218         SAUDI ARABIA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)         181

9.6.4.1.3 UAE      182

9.6.4.1.3.1           Increasing scope for new infrastructural development to drive market              182

TABLE 219         UAE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      182

TABLE 220         UAE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      182

TABLE 221         UAE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   183

TABLE 222         UAE: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   183

9.6.4.1.4 Qatar     183

9.6.4.1.4.1           Robust growth in construction sector to drive market   183

TABLE 223         QATAR: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)      184

TABLE 224         QATAR: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)      184

TABLE 225         QATAR: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)   184

TABLE 226         QATAR: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)   185

9.6.4.2   South Africa        185

9.6.4.2.1 Availability of raw materials to drive market   185

TABLE 227         SOUTH AFRICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (THOUSAND CUBIC METERS)            185

TABLE 228         SOUTH AFRICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (THOUSAND CUBIC METERS)            186

TABLE 229         SOUTH AFRICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION)         186

TABLE 230         SOUTH AFRICA: EXTRUDED POLYSTYRENE MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)         186

10          COMPETITIVE LANDSCAPE       187

10.1       INTRODUCTION            187

10.2       KEY PLAYERS’ STRATEGIES       187

TABLE 231         OVERVIEW OF STRATEGIES ADOPTED BY KEY EXTRUDED POLYSTYRENE MANUFACTURERS         187

10.3       RANKING OF KEY MARKET PLAYERS, 2022          188

FIGURE 39         RANKING OF TOP FIVE PLAYERS IN EXTRUDED POLYSTYRENE MARKET, 2022  188

10.4       MARKET SHARE ANALYSIS         189

TABLE 232         EXTRUDED POLYSTYRENE MARKET: DEGREE OF COMPETITION 189

FIGURE 40         EXTRUDE POLYSTYRENE MARKET: MARKET SHARE ANALYSIS              189

10.5       REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2018–2022          191

FIGURE 41         REVENUE ANALYSIS OF KEY COMPANIES IN LAST FIVE YEARS              191

10.6       COMPANY EVALUATION MATRIX (TIER 1)         191

10.6.1    STARS  191

10.6.2    EMERGING LEADERS    191

10.6.3    PERVASIVE PLAYERS     192

10.6.4    PARTICIPANTS 192

FIGURE 42         COMPANY EVALUATION MATRIX FOR EXTRUDED POLYSTYRENE MARKET             192

10.6.5    COMPANY FOOTPRINT 193

FIGURE 43         EXTRUDED POLYSTYRENE MARKET: COMPANY FOOTPRINT              193

TABLE 233         EXTRUDED POLYSTYRENE MARKET: APPLICATION FOOTPRINT      194

TABLE 234         EXTRUDED POLYSTYRENE MARKET: END-USE INDUSTRY FOOTPRINT      195

TABLE 235         EXTRUDED POLYSTYRENE MARKET: COMPANY REGION FOOTPRINT      196

10.7       STARTUP/SME EVALUATION MATRIX   197

10.7.1    PROGRESSIVE COMPANIES       197

10.7.2    RESPONSIVE COMPANIES          197

10.7.3    DYNAMIC COMPANIES 197

10.7.4    STARTING BLOCKS       197

FIGURE 44         STARTUP/SME EVALUATION MATRIX FOR EXTRUDED POLYSTYRENE MARKET             198

10.7.5    COMPETITIVE BENCHMARKING            198

TABLE 236         DETAILED LIST OF KEY STARTUPS/SMES           198

TABLE 237         COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES              199

10.8       COMPETITIVE SCENARIOS & TRENDS   199

10.8.1    PRODUCT LAUNCHES  199

10.8.2    OTHERS             199

11          COMPANY PROFILES    200

11.1       KEY PLAYERS   200

(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*

11.1.1    SYNTHOS S.A.   200

TABLE 238         SYNTHOS S.A.: COMPANY OVERVIEW    200

FIGURE 45         SYNTHOS S.A.: COMPANY SNAPSHOT   201

TABLE 239         SYNTHOS S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS              201

11.1.2    BASF SE              203

TABLE 240         BASF SE: COMPANY OVERVIEW 203

FIGURE 46         BASF SE: COMPANY SNAPSHOT 204

TABLE 241         BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS              204

11.1.3    RAVAGO S.A.     206

TABLE 242         RAVAGO S.A.: COMPANY OVERVIEW     206

TABLE 243         RAVAGO S.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS              206

11.1.4    SAINT-GOBAIN 207

TABLE 244         SAINT-GOBAIN: COMPANY OVERVIEW 207

FIGURE 47         SAINT-GOBAIN: COMPANY SNAPSHOT 207

TABLE 245         SAINT-GOBAIN: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS       208

11.1.5    DUPONT DE NEMOURS, INC.     209

TABLE 246         DUPONT DE NEMOURS, INC.: COMPANY OVERVIEW     209

FIGURE 48         DUPONT DE NEMOURS, INC.: COMPANY SNAPSHOT     210

TABLE 247         DUPONT DE NEMOURS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS 210

11.1.6    OWENS CORNING          212

TABLE 248         OWENS CORNING: COMPANY OVERVIEW          212

FIGURE 49         OWENS CORNING: COMPANY SNAPSHOT          213

TABLE 249         OWENS CORNING: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS       213

TABLE 250         OWENS CORNING: OTHERS       214

11.1.7    DOW INC.          215

TABLE 251         DOW INC.: COMPANY OVERVIEW          215

FIGURE 50         DOW INC.: COMPANY SNAPSHOT          216

TABLE 252         DOW INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS              216

11.1.8    KINGSPAN GROUP PLC 217

TABLE 253         KINGSPAN GROUP PLC: COMPANY OVERVIEW 217

FIGURE 51         KINGSPAN GROUP PLC: COMPANY SNAPSHOT 218

TABLE 254         KINGSPAN GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS       218

TABLE 255         KINGSPAN GROUP PLC: PRODUCT LAUNCHES 218

11.1.9    KANEKA CORPORATION            219

TABLE 256         KANEKA CORPORATION: COMPANY OVERVIEW             219

FIGURE 52         KANEKA CORPORATION: COMPANY SNAPSHOT            220

TABLE 257         KANEKA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS       220

11.1.10  SUPREME PETROCHEM LTD.    221

TABLE 258         SUPREME PETROCHEM LTD.: COMPANY OVERVIEW     221

FIGURE 53         SUPREME PETROCHEM LTD.: COMPANY SNAPSHOT     222

TABLE 259         SUPREME PETROCHEM LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS 222

TABLE 260         SUPREME PETROCHEM LTD.: OTHERS 222

11.2       OTHER KEY PLAYERS    223

11.2.1    VERDANE          223

TABLE 261         VERDANE: COMPANY OVERVIEW           223

11.2.2    BRØDR. SUNDE A/S       223

TABLE 262         BRØDR. SUNDE A/S: COMPANY OVERVIEW       223

11.2.3    LOYAL GROUP 224

TABLE 263         LOYAL GROUP: COMPANY OVERVIEW  224

11.2.4    FINNFOAM OY  224

TABLE 264         FINNFOAM OY: COMPANY OVERVIEW  224

11.2.5    TECHNONICOL CORPORATION             225

TABLE 265         TECHNONICOL CORPORATION: COMPANY OVERVIEW 225

11.2.6    AUSTROTHERM GMBH 225

TABLE 266         AUSTROTHERM GMBH: COMPANY OVERVIEW 225

11.2.7    URSA DÄMMSYSTEME AUSTRIA GMBH 226

TABLE 267         URSA DÄMMSYSTEME AUSTRIA GMBH: COMPANY OVERVIEW              226

11.2.8    PENOPLEX SPB LLC      226

TABLE 268         PENOPLEX SPB LLC: COMPANY OVERVIEW       226

11.2.9    HANGZHOU TYCO INDUSTRIAL CO., LTD.         227

TABLE 269         HANGZHOU TYCO INDUSTRIAL CO., LTD.: COMPANY OVERVIEW        227

11.2.10  JACKON INSULATION GMBH     227

TABLE 270         JACKON INSULATION GMBH: COMPANY OVERVIEW     227

11.2.11  SOPREMA GROUP          228

TABLE 271         SOPREMA GROUP: COMPANY OVERVIEW          228

11.2.12  ABRISO-JIFFY NV            228

TABLE 272         ABRISO-JIFFY NV: COMPANY OVERVIEW            228

11.2.13  EMIRATES EXTRUDED POLYSTYRENE L.L.C.      229

TABLE 273         EMIRATES EXTRUDED POLYSTYRENE L.L.C.: COMPANY OVERVIEW        229

11.2.14  OHANA INDUSTRIES LLC           229

TABLE 274         OHANA INDUSTRIES LLC: COMPANY OVERVIEW            229

11.2.15  ISOFOAM           230

TABLE 275         ISOFOAM: COMPANY OVERVIEW           230

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.

12          ADJACENT & RELATED MARKETS          231

12.1       INTRODUCTION            231

12.2       LIMITATION     231

12.3       POLYSTYRENE FOAM MARKET 231

12.3.1    MARKET DEFINITION   231

12.3.2    MARKET OVERVIEW     232

12.4       POLYSTYRENE FOAM MARKET, BY REGION       232

TABLE 276         POLYSTYRENE FOAM MARKET, BY REGION, 2019–2026 (USD MILLION)          232

TABLE 277         POLYSTYRENE FOAM MARKET, BY REGION, 2019–2026 (KILOTON)       233

12.4.1    ASIA PACIFIC    233

TABLE 278         ASIA PACIFIC: POLYSTYRENE FOAM MARKET, BY COUNTRY/REGION, 2019–2026 (USD MILLION) 233

TABLE 279         ASIA PACIFIC: POLYSTYRENE FOAM MARKET, BY COUNTRY/REGION, 2019–2026 (KILOTON)         234

12.4.2    EUROPE             234

TABLE 280         EUROPE: POLYSTYRENE FOAM MARKET, BY COUNTRY/REGION, 2019–2026 (USD MILLION) 234

TABLE 281         EUROPE: POLYSTYRENE FOAM MARKET, BY COUNTRY/REGION, 2019–2026 (KILOTON)         235

12.4.3    NORTH AMERICA          235

TABLE 282         NORTH AMERICA: POLYSTYRENE FOAM MARKET, BY REGION, 2019–2026 (USD MILLION)          235

TABLE 283         NORTH AMERICA: POLYSTYRENE FOAM MARKET, BY REGION, 2019–2026 (KILOTON)   235

12.4.4    SOUTH AMERICA           236

TABLE 284         SOUTH AMERICA: POLYSTYRENE FOAM MARKET, BY REGION, 2019–2026 (USD MILLION)          236

TABLE 285         SOUTH AMERICA: POLYSTYRENE FOAM MARKET, BY REGION, 2019–2026 (KILOTON)   236

12.4.5    MIDDLE EAST & AFRICA             236

TABLE 286         MIDDLE EAST & AFRICA: POLYSTYRENE FOAM MARKET, BY REGION, 2019–2026 (USD MILLION)       236

TABLE 287         MIDDLE EAST & AFRICA: POLYSTYRENE FOAM MARKET, BY REGION, 2019–2026 (KILOTON) 237

13          APPENDIX         238

13.1       DISCUSSION GUIDE      238

13.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             241

13.3       CUSTOMIZATION OPTIONS      243

13.4       RELATED REPORT         243

13.5       AUTHOR DETAILS         244