UK Expanded Polystyrene Market Size & Outlook, 2023-2030
UK expanded polystyrene market, 2018-2030 (US$M)
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UK expanded polystyrene market highlights
- The UK expanded polystyrene market generated a revenue of USD 360.5 million in 2023 and is expected to reach USD 659.5 million by 2030.
- The UK market is expected to grow at a CAGR of 9% 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 360.5 million |
| Market revenue in 2030 | USD 659.5 million |
| Growth rate | 9% (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, UK accounted for 3.4% 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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UK 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 UK expanded polystyrene market based on white, grey covering the revenue growth of each sub-segment from 2018 to 2030.
Expanded polystyrene is preferred as a packaging material for medical uses and essential food including organ transplants, fish boxes, and processed food packaging owing to its excellent insulation properties and lack of any sustenance for bacteria.
These properties make EPS suitable for the packaging and transportation of medicines and COVID-19 samples to laboratories for testing purposes. Since the government has ramped up the COVID-19 testing to contain the coronavirus pandemic, the demand for expanded polystyrene in medical packaging has seen a sharp increase in recent times and is expected to follow the same trend in the coming years.
Automotive industry in the country is about to witness a period of intense technological innovations, which is expected to shape the growth of the industry over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK expanded polystyrene market , including forecasts for subscribers. This country databook contains high-level insights into UK expanded polystyrene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK expanded polystyrene market size, by product, 2018-2030 (US$M)
UK Expanded Polystyrene Market Outlook Share, 2023 & 2030 (US$M)
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