Syndicated Research Studies

Expanded Polystyrene Market Overview The global expanded polystyrene (EPS) market was valued at USD 17.82 billion in 2024 and is projected to reach USD 29.04 billion by 2033, expanding at a CAGR of 5.6% from 2025 to 2033. The market’s growth is attributed to the increasing influence of social factors such as improving occupant health and well-being, promoting sustainable business practices, and fostering a sense of community within the built environment. The EPS market is witnessing steady growth due to rising demand across key sectors including construction, packaging, automotive, and consumer goods. EPS is favored for its lightweight nature, excellent thermal insulation, impact resistance, and moisture resistance, making it a preferred material for energy-efficient buildings, protective packaging, and durable automotive components. In the construction sector, expanded polystyrene contributes to energy conservation, thermal efficiency, and cost savings, supporting the transit...

Expanded Polystyrene Market Growth & Trends The global expanded polystyrene market size is expected to reach USD 19.68 billion by 2030, according to a new report by Grand View Research, Inc. The industry is expected to expand at a CAGR of 8.59% from 2023 to 2030. Due to the rising application potential of the expanded polystyrene market (EPS) across a range of sectors, it is projected that the market for EPP will witness immense growth. Expanded polystyrene demand is anticipated to increase as reusable, chemically stable, lightweight materials are used more frequently in furniture, packaging, and automotive parts. Properties, such as excellent shock absorption, impact resistance, and low weight, have led to an increase in the usage of EPS in the automotive industry. The use of EPS in several automotive applications, such as foot pads, headrests & seats, storage compartments, and bumper systems, is expected to positively impact its demand in the automotive i...