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New York, United States, Sept 23, 2022 (Analytics Market Research) – The construction sector uses expanded polystyrene (EPS) to cut down on energy use and greenhouse gas emissions. Green structures have been more and more preferred over traditional ones in recent years. In comparison to conventional structures, green buildings offer benefits including enhanced air quality, lower operating costs, less total strain on metal frames, and efficient use of energy & water. The superior insulation that EPS provides is greatly increasing its demand in green structures. Thus, the market for EPS is anticipated to experience significant increase over the forecast period along with the increasing demand for green buildings. Expanded polystyrene is a robust, lightweight, and recyclable material. Due to the expanding product application potential across numerous end-use industries, the market is anticipated to expand.

The Extruded Polystyrene (XPS) Industry has suffered because of the COVID-19 epidemic. The whole world remains inside their houses as a result of government controls, lockdown, and the COVID conflict. As a result, the industries experienced numerous difficulties, including a lack of supply, labour, cost-effective products, and many others, which caused a brief halt in the industries. The construction sector is expanding in Asia-Pacific and Eastern Europe, which gives polystyrene a competitive advantage over other market materials during this time period. Following the brief lockdowns, the extruded polystyrene sector has resumed operations by taking the required efforts to increase consumer demand. One opportunity to boost market growth in the extruded polystyrene sector is recycling.

Extruded Polystyrene Market Trends, Drivers, Restraints, and Opportunities

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Global Extruded Polystyrene Market: Major Players Knauf group Ursa Insulation SA Austrotherm GmbH Owens Corning Inc. Penoplex SPB LLC TechnoNicol Corporation BASF SE Saint-Gobain Isover SA Ravago Group DuPont de Nemours Inc. REMAK CONSTRUCTION & INTERIOR JSC Synthos S.A. Cat Tuong Corp Loyal Group

Global Extruded Polystyrene Market: Types Residential Commercial Others (Roads, Highways, Railways, and Runways)

Global Extruded Polystyrene Market: Applications Foundation Wall Roof Floor & Ceiling Others (Pipes, Marine Insulation, and Utility Lines)

Global Extruded Polystyrene Market: Regional Analysis All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Extruded Polystyrene market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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