Global Expanded Polystyrene Market Size & Outlook
Global expanded polystyrene market, 2018-2030 (US$M)
Related Markets
Global expanded polystyrene market highlights
- The global expanded polystyrene market generated a revenue of USD 10,718.2 million in 2023 and is expected to reach USD 19,682.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.1% by 2030.
- In terms of segment, white accounted for a revenue of USD 6,728.1 million in 2023.
- White is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 10,718.2 million |
| Market revenue in 2030 | USD 19,682.4 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | White |
| Fastest growing segment | White |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | White, Grey |
Other key industry trends
- In terms of revenue, the North America accounted for 29.4% of the global expanded polystyrene market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 197.3 million by 2030.
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Expanded Polystyrene Market Scope
Expanded Polystyrene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global expanded polystyrene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to expanded polystyrene market will help companies and investors design strategic landscapes.
White was the largest segment with a revenue share of 62.77% in 2023. Horizon Databook has segmented the Global expanded polystyrene market based on white, grey covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Expanded Polystyrene Product Outlook (Revenue, USD Million, 2018-2030)
- White
- Grey
- Global Expanded Polystyrene Application Outlook (Revenue, USD Million, 2018-2030)
- Construction
- Packaging
- Automotive
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global expanded polystyrene market , including forecasts for subscribers. This global databook contains high-level insights into Global expanded polystyrene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global expanded polystyrene market size, by regions, 2018-2030 (US$M)
Top 10 countries: Expanded polystyrene market size, 2023 (US$M)
Global expanded polystyrene market share, by product, 2023 & 2030 (%, US$M)
Expanded polystyrene market: Opportunity assessment by country
Global expanded polystyrene market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,821.4 | 2,872.1 | 2,773.3 | 2,858.9 | 2,992.3 | 3,152.4 | 3,349.9 | 3,591.7 | 3,890.2 | 4,251.9 | 4,682.0 | 5,201.1 | 5,828.0 | 9.2% |
| Europe | 1,443.0 | 1,463.1 | 1,407.2 | 1,444.9 | 1,506.4 | 1,580.7 | 1,673.1 | 1,786.8 | 1,927.7 | 2,098.6 | 2,301.8 | 2,546.9 | 2,842.5 | 8.7% |
| Asia Pacific | 3,863.4 | 3,944.9 | 3,821.0 | 3,951.0 | 4,148.2 | 4,383.5 | 4,672.6 | 5,025.2 | 5,459.6 | 5,985.6 | 6,611.5 | 7,367.1 | 8,280.4 | 9.5% |
| Latin America | 904.2 | 912.2 | 872.9 | 891.8 | 925.1 | 965.9 | 1,017.2 | 1,080.9 | 1,160.3 | 1,256.8 | 1,371.6 | 1,510.1 | 1,676.9 | 8.2% |
| MEA | 607.3 | 610.7 | 582.3 | 592.5 | 611.9 | 635.8 | 666.2 | 703.9 | 751.0 | 808.3 | 876.0 | 957.2 | 1,054.6 | 7.5% |
| Overall | 9,639.3 | 9,803.0 | 9,456.6 | 9,739.2 | 10,184.0 | 10,718.2 | 11,379.0 | 12,188.4 | 13,188.8 | 14,401.2 | 15,842.8 | 17,582.4 | 19,682.4 | 9.1% |
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