North America Expanded Polystyrene Market Size & Outlook
North America expanded polystyrene market, 2018-2030 (US$M)
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North America expanded polystyrene market highlights
- The North America expanded polystyrene market generated a revenue of USD 3,152.4 million in 2023.
- The 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,152.4 million |
| Market revenue in 2030 | USD 5,828.0 million |
| Growth rate | 9.2% (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, North America region accounted for 29.4% 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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North America 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 64.3% in 2023. Horizon Databook has segmented the North America expanded polystyrene market based on white, grey covering the revenue growth of each sub-segment from 2018 to 2030.
The North American expanded polystyrene market is expected to witness significant growth over the forecast period. Rapid construction developments in the U.S. and Mexico are anticipated to drive the demand for expanded polystyrene over the forecast period.
The construction sector in North America is expected to witness significant growth over the coming years owing to high demand for non-residential construction projects such as hospitals, commercial buildings, and colleges.
The implementation of the "Affordable Healthcare Act" is also expected to stimulate the construction of a greater number of health care units and hospitals, which, in turn, is expected to boost the demand for expanded polystyrene in the region over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America expanded polystyrene market , including forecasts for subscribers. This continent databook contains high-level insights into North America expanded polystyrene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America expanded polystyrene market size, by country, 2018-2030 (US$M)
North America Expanded Polystyrene Market Outlook Share, 2023 & 2030 (US$M)
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