Global Expanded Polystyrene Market Size & Outlook

The global expanded polystyrene market size was estimated at USD 17,822.9 million in 2024 and is projected to reach USD 29,038.3 million by 2033, growing at a CAGR of 5.6% from 2025 to 2033.
Revenue, 2024 (US$M)
$17,822.9
Forecast, 2033 (US$M)
$29,038.3
CAGR, 2025 - 2033
5.6%
Report Coverage
Worldwide

Global expanded polystyrene market, 2021-2033 (US$M)

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Global expanded polystyrene market highlights

  • The global expanded polystyrene market generated a revenue of USD 17,822.9 million in 2024 and is expected to reach USD 29,038.3 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 5.6% by 2033.
  • In terms of segment, white accounted for a revenue of USD 11,051.1 million in 2024.
  • 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 2024.
  • Country-wise, China is expected to register the highest CAGR from 2025 to 2033.

Global data book summary

Market revenue in 2024USD 17,822.9 million
Market revenue in 2033USD 29,038.3 million
Growth rate5.6% (CAGR from 2025 to 2033)
Largest segmentWhite
Fastest growing segmentWhite
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationWhite, Grey

Other key industry trends

  • In terms of revenue, the North America accounted for 29.4% of the global expanded polystyrene market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, China is the fastest growing regional market and is projected to reach USD 3,088.2 million by 2033.

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Expanded Polystyrene Market Companies

Name Profile # Employees HQ Website
SUTL Enterprise Ltd View profile 0 100J Pasir Panjang Road, SUTL House, Number 05-00, Singapore, Singapore, 118525 https://www.sutlenterprise.com
STMicroelectronics NV ADR View profile 51323 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 https://www.st.com
Ravago Chemicals View profile 501-1000 Orlando, Florida, United States, North America https://ravagochemicals.com
Alpek SA Class A View profile 5867 Avenida Gomez Morin Sur No. 1111, Col. Carrizalejo, San Pedro Garza Garcia, NL, Mexico, 66254 https://www.alpek.com
Sibur View profile 10001+ Moscow, Moscow City, Russian Federation, Europe http://www.sibur.com
Atlas Roofing View profile 1001-5000 Atlanta, Georgia, United States, North America https://www.atlasroofing.com
Koch Industries View profile 10001+ Wichita, Kansas, United States, North America https://www.kochind.com
Kaneka Corp View profile 13284 3-2-4, Nakanoshima, Kita-ku, Osaka, Japan, 530-8288 http://www.kaneka.co.jp
SABIC View profile 10001+ Riyadh, Ar Riyad, Saudi Arabia, Asia http://www.sabic.com
Eni View profile 10001+ Rome, Lazio, Italy, Europe http://www.eni.com/en_IT/home.html
TotalEnergies SE View profile 100000 2, Place Jean Millier, La Defense 6, Courbevoie, France, 92400 https://www.totalenergies.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

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 62.01% in 2024. Horizon Databook has segmented the Global expanded polystyrene market based on white, grey covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Expanded Polystyrene Product Outlook (Revenue, USD Million, 2021-2033)
    • Grey
    • White
  • Global Expanded Polystyrene Application Outlook (Revenue, USD Million, 2021-2033)
    • Packaging
    • Automotive
    • Others
    • Construction

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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 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global expanded polystyrene market size, by regions, 2021-2033 (US$M)

Top 10 countries: Expanded polystyrene market size, 2024 (US$M)

Global expanded polystyrene market share, by product, 2024 & 2033 (%, US$M)

Expanded polystyrene market: Opportunity assessment by country

Global expanded polystyrene market, by region, 2024 (US$M)

Global expanded polystyrene market size, by regions, 2021-2033 (US$M)

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