Germany Expanded Polystyrene Market Size & Outlook
Germany expanded polystyrene market, 2018-2030 (US$M)
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Germany expanded polystyrene market highlights
- The Germany expanded polystyrene market generated a revenue of USD 486.5 million in 2023 and is expected to reach USD 900.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.2% 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.
Expanded polystyrene market data book summary
| Market revenue in 2023 | USD 486.5 million |
| Market revenue in 2030 | USD 900.5 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | White |
| Fastest growing segment | White |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 4.5% of the global expanded polystyrene market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany expanded polystyrene market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 900.5 million by 2030.
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Expanded Polystyrene Market Scope
Expanded Polystyrene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 61.64% in 2023. Horizon Databook has segmented the Germany expanded polystyrene market based on white, grey covering the revenue growth of each sub-segment from 2018 to 2030.
In Germany, construction sector is significantly contributing to the demand for expanded polystyrene. The country has witnessed a surge in new residential building permits owing to the rising demand for real estate, low borrowing costs, and increasing population and this growth trend is expected to continue over the forecast period.
On account of booming real estate and housing market, construction sector is expected to grow rapidly, which is further anticipated to fuel the consumption of expanded polystyrene over the forecast period.
In addition, several government initiatives such as Alliance for Affordable Housing and Building and housing construction campaigns involving the construction of 350,000 new housing units to stimulate housing development are expected to support the product demand in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany expanded polystyrene market , including forecasts for subscribers. This country databook contains high-level insights into Germany expanded polystyrene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany expanded polystyrene market size, by product, 2018-2030 (US$M)
Germany Expanded Polystyrene Market Outlook Share, 2023 & 2030 (US$M)
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