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Global Extruded Polystyrene Insulation Materials Market was valued at $2,418 million in 2016, and is expected to reach $3,827 million by 2023, growing at a CAGR of 6.5% from 2017 to 2023.
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Extruded Polystyrene Insulation Materials Market Expected to Reach $3,827 Million, Globally by 2023
Introduction • Forecasts that the global Extruded Polystyrene Insulation Materials Market was valued at $2,418 million in 2016, and is projected to reach $3,827 million by 2023, growing at a CAGR of 6.5% from 2017 to 2023. • The non-residential construction segment is projected to grow at the highest CAGR throughout the forecast period. • Extruded polyesters (XPS) are closed cell, rigid insulation systems that are manufactured using an extrusion process. • Plastic resin and other ingredients are liquefied and then extruded through a die, forming a closed-cell structure. • The introduction of high-quality, energy-efficient XPS systems and frequent product launches by market players to enhance their product portfolio provide various growth opportunities for market expansion.
The non-residential segment is expected to witness the highest growth rate from 2017 to 2023. • In 2016, China generated maximum revenue, region-wise, with over one-third share of the Asia-Pacific market. • Brazil is expected to be the fastest growing region in the LAMEA market, growing at a CAGR of 7.5%. • The residential construction segment accounted for two-fifths share of the market in 2016, and is expected to grow at a CAGR of 6.4%. • In terms of value, India is projected to grow at the highest rate in the Asia-Pacific extruded polystyrene insulation materials market. Key Findings of theMarket Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request-sample/2081
This report provides a detailed study of the extruded polystyrene insulation materials market trends and forecast from 2015 to 2023, which assist to identify the prevailing market opportunities to capitalize on. • In-depth coverage of the global market, including drivers, restraints, and opportunities, aids professionals to understand the market behavior in a better way. • This study further includes market share analysis in terms of applications across all geographical regions. • Detailed study of the strategies of key leaders, such as partnerships and acquisitions, is provided. • Porter’s Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making. Key Benefits
MarketSegmentation • By Application • Residential Construction • Non-Residential Construction • By Geography • North America • Europe • Asia-Pacific • LAMEA
Key Players of theMarket • Delta Power Solutions, • Foamex, • Huntsman Corporation, • Atlas Roofing Corporation, • GAF Materials Corporation, • Foster Engineering Pte. Ltd. • Others For purchase enquiry, visit @https://www.alliedmarketresearch.com/purchase-enquiry/2081
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