EXTRUDED POLYSTYRENE (XPS) PANELS
MARKET OVERVIEW
Extruded Polystyrene (XPS) panels are rigid foam insulation materials widely used in construction and packaging due to their excellent thermal resistance, moisture resistance, and durability.
MARKET SIZE AND GROWTH
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MARKET SIZE (2023):
APPROXIMATELY USD 854
MILLION
PROJECTED MARKET SIZE (2035): AROUND USD 1,505.24
MILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 6.50% DURING THE FORECAST PERIOD.
By Type
MARKET SEGMENTATION
White Grey
Special Color
REGIONAL ANALYSIS
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
MIDDLE EAST & AFRICA
Strong demand fueled by construction projects in Saudi Arabia and the UAE.
EUROPE
Steady growth supported by stringent building regulations and focus on sustainable construction.
NORTH AMERICA
Growth driven by construction activities and demand for energyefficient insulation.
ASIA-PACIFIC
Rapid urbanization and infrastructure development, especially in China, India, and Japan.
KEY PLAYERS
Kingspan
Sunde Group Synthos
DowDu Pont
BASF
