2012-09-25 19:09:33 - Global Expandable Polystyrene (EPS) Industry - China to Expand its Dominance due to Strong Growth in the Packaging and Construction Sectors - a new market research report on companiesandmarkets.com
Global Expandable Polystyrene (EPS) Industry - China to Expand its Dominance due to Strong Growth in the Packaging and Construction Sectors - Expandable Polystyrene (EPS) is a versatile plastic material used in the construction and packaging sectors. Its high thermal resistance and ultra-light weight makes it an irreplaceable material in the construction sector, where it is widely used for building insulation. It is also resistant to moisture, which makes it ideal for the packaging of electronic items. The popularity of EPS can also be attributed to its environmentally friendly manufacturing and disposal. It does not produce any harmful material during its lifecycle.
China dominates the global EPS industry, holding a demand share of 46.2% in 2011. It is expected to maintain
its dominance in the future with an estimated demand share of 52.5% in 2016. China has witnessed strong growth after the economic slowdown in 2008â2009 due to strong growth in its construction and packaging sectors, whereas other major EPS demand centers such as the US, Germany and Italy are recovering slowly. In the next five years, the EPS industry will continue to rely on China for growth as demand in other parts of the world is expected to remain sluggish.
- Analyses the global demand and production scenario of EPS
- Analyses the end use segments driving global EPS demand
- Analyses the EPS demand share by region
Reasons to buy
- Understand the demand drivers for global Expandable Polystyrene (EPS) market
- Obtain the details of regional level demand share and global production and demand details
- Formulate strategies based on the current trends in the industry
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