Europe Expanded Polystyrene Market Size & Outlook
Europe expanded polystyrene market, 2018-2030 (US$M)
Related Markets
Europe expanded polystyrene market highlights
- The Europe expanded polystyrene market generated a revenue of USD 1,580.7 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, white was the largest revenue generating product in 2023.
- White is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,580.7 million |
| Market revenue in 2030 | USD 2,842.5 million |
| Growth rate | 8.7% (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 |
| Key market players worldwide | Atlas Roofing, Alpek SA Class A, Basf SE, Kaneka Corp, Sibur, TotalEnergies SE, Koch Industries, STMicroelectronics NV ADR, Ravago Chemicals, Eni, SABIC, SUTL Enterprise Ltd |
Other key industry trends
- In terms of revenue, Europe region accounted for 14.7% of the global expanded polystyrene market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,280.4 million by 2030.
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Expanded Polystyrene Market Scope
Expanded Polystyrene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 61.7% in 2023. Horizon Databook has segmented the Europe expanded polystyrene market based on white, grey covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is the second-largest consumer of expanded polystyrene owing to high demand from automotive, packaging, and construction sectors. EPS finds application in several industries due to its versatile benefits, lightweight, easy molding, and desired shape formation.
In recent years, the demand for expanded polystyrene from green building design applications in the European market has witnessed a significant increase owing to its excellent environmental advantages that can provide improved indoor environmental quality, maximized energy efficiency, and enhanced durability.
Favorable government support toward green building construction in various countries including the UK, Germany, the Netherlands, Poland, Hungary, Sweden, and Ireland is expected to propel product demand over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe expanded polystyrene market , including forecasts for subscribers. This continent databook contains high-level insights into Europe expanded polystyrene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe expanded polystyrene market size, by country, 2018-2030 (US$M)
Europe Expanded Polystyrene Market Outlook Share, 2023 & 2030 (US$M)
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