Top Expanded Polystyrene Companies

Expanded Polystyrene Market size was valued at USD 11.79 Billion in 2024 and is poised to grow from USD 12.52 Billion in 2025 to USD 20.26 Billion by 2033, growing at a CAGR of 6.2% during the forecast period (2026–2033).

Expanded polystyrene companies should focus on figuring out a way to reduce their carbon footprint and environmental impact. Investing in the R&D of bio-based and eco-friendly expanded polystyrene products is expected to help market players maximize their business scope. Automotive, packaging, and construction industries are slated to be the most opportune verticals as per this global expanded polystyrene market forecast. 'BASF SE (Germany)', 'The Dow Chemical Company (USA) ', 'TotalEnergies SE (France) ', 'SABIC (Saudi Arabia) ', 'Ineos Styrolution (Germany) ', 'Owens Corning (USA) ', 'Kaneka Corporation (Japan) ', 'Borealis AG (Austria) ', 'StyroChem International Inc. (Canada) ', 'Sunpor Kunststoff GmbH (Austria) ', 'Ravago Manufacturing (Belgium) ', 'Versalis S.p.A. (Italy) ', 'UNIPOL (Italy) ', 'Flint Hills Resources (USA) ', 'Synthos S.A. (Poland) ', 'Alpek S.A.B. de C.V. (Mexico) ', 'Jiangsu Leasty Chemical Co., Ltd. (China) ', 'Polimeri Europa (Italy) ', 'Sekisui Plastics Co., Ltd. (Japan)'

Increase in global population around the world has to a major hike in demand for affordable housing. Expanded polystyrene plays a crucial role in building affordable housing as it is extensively used as low-cost construction due to its affordability and easy handling. Developing economies such as China, Brazil, and India with rapidly rising population are boosting the global expanded polystyrene market outlook.

Adoption in Circular Economy Practices: Expanded polystyrene companies should focus on incorporation of circular economy practices by opting for advanced recycling technologies. Adoption of closed-loop systems that reduce waste and keep most of the product in use after its end life as well is also expected to make circular economy an indispensable expanded polystyrene market trend in the long run.

The Asia Pacific region is estimated to secure the top spot when it comes to the global expanded polystyrene market share. Robust increase in automotive manufacturing, booming e-commerce activity, and high investments in launch of new construction projects are helping this region bring in the most revenue.