Expanded Polystyrene Market for Packaging to Record $ 3.15 Bn Incremental Growth| Top Vendors Include Alpek SAB de CV, BASF SE, and Kaneka Corp. Among Others| Analyzing Growth in Specialty Chemicals Industry | Technavio
NEW YORK, Aug. 27, 2021 /PRNewswire/ — The “Expanded Polystyrene Market for Packaging by Application and Geography – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the expanded polystyrene market for packaging between 2021 and 2025 is USD 3.15 billion. To get the exact yearly growth variance and the Y-O-Y growth rate. Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challengess
The environmental benefits associated with expanded polystyrene is one of the key market drivers. However, factors such as the increasing popularity of bioplastic packaging will challenge market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Take a look at our FREE Sample Report right now!
The expanded polystyrene market for packaging report is segmented by application (electronic appliances, food and beverages, healthcare, and others) and geography (APAC, Europe, North America, South America, and MEA). APAC will be the leading region with 72% of the market’s growth during the forecast period. China and Japan are the key markets for expanded polystyrene for packaging in APAC.
View our sample report for accurate prediction of the contribution of all the segments, and regional opportunities in store.
Companies Mentioned with their Offerings
- Alpek SAB de CV – The company offers propylene which is made up of plastic is widely used in containers and packaging for food and consumer products.
- BASF SE – The company offers polystyrene under brand name of Styropor.
- Kaneka Corp.
- NOVA Chemicals Corp.
- Saudi Basic Industries Corp.
- To gain access about more vendor profiles with their key offerings available with Technavio, Click Here
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Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by End-user
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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