The global expanded polystyrene market is estimated to be US$13.2 bln in 2015 and is projected to register a CAGR of about 6.03% between 2015 and 2020 as per Reportlinker. Expanded Polystyrene is a fragmented and competitive market, with a large number of minor players, especially in China. The key players in this market are BASF SE , Total S.A. , Synthos S.A. , Kaneka Corporation , Saudi Basic Industries Corporation , PJSC SIBUR HOLDING , Alpek SAB de CV , ACH Foam Technologies, LLC , Ineos Styrenics International SA , SUNPOR KUNSTSTOFF GmbH , and Synbra Holding B.V. among others. The key market players adopted multiple growth strategies to strengthen their market positions between 2010 and 2015. However, most players opted for organic growth through investments & expansions. The growth drivers of the expanded polystyrene market include the growing construction and packaging industries.
06-Nov-15 
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