Australia Extruded Polystyrene Market Size and Forecast (2020 - 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By End-Use (Building & Construction, Industrial Insulation, Packaging, Automotive, and Others)
The Australia extruded polystyrene market is expected to grow from US$ 77.15 million in 2022 and is projected to reach US$ 118.90 million by 2030; it is expected to register a CAGR of 5.6% from 2022 to 2030.
Extruded polystyrene (XPS) is a versatile and widely used synthetic polymer material with valuable properties, primarily known for its exceptional insulation capabilities. It is produced through a manufacturing process that involves extruding polystyrene polymer granules, resulting in a closed-cell foam structure. The closed-cell nature of XPS makes it highly resistant to moisture, ensuring durability and preventing water absorption, making it suitable for various applications. Apart from its insulation properties, XPS is known for its lightweight yet sturdy nature, making it easy to handle and install. It also exhibits resistance to compression, ensuring long-term structural integrity in various construction applications. Additionally, XPS is recognized for its resistance to mold, mildew, and pests, contributing to the longevity and hygiene of structures where it is utilized.
Extruded polystyrene is used in building and construction, automotive, packaging, marine, and sports applications. Foam molding provides various advantages for construction applications. Compared to other commonly used rigid insulation boards, its higher compressive strength, lower water absorption, and overall robustness make it ideal for ground floors and inverted flat roofs. In the automotive industry, the extruded polystyrene is utilized for interior insulation. Further, end users maintain long-term relationships with manufacturers to ensure a steady supply of high-quality products.
Furthermore, XPS finds applications beyond construction, such as crafting, molding, and packaging, due to its versatility, strength, and ease of shaping. Its closed-cell structure and ability to withstand a range of temperatures make it a favored material in diverse industries where insulation, durability, and adaptability are essential considerations. Overall, extruded polystyrene stands out as a multifaceted material, playing a crucial role in enhancing energy efficiency and structural performance across various sectors.
Extruded polystyrene provides high benefits in industrial applications and is superior to other insulating materials in terms of physical, thermal, and mechanical properties. The manufacturing process of extruded polystyrene involves melting the polystyrene beads and then extruding them through a dye to form a continuous, closed-cell structure. Thus, the resulting foam boards have a smooth, dense surface and uniform structure. They are available in numerous thickness, density, and dimension options to meet various insulation requirements. The extruded polystyrene offers the benefits of insulation by blocking the wave of heat from warm areas to cooler areas.
A few key players operating in the Australia extruded polystyrene market are DuPont de Nemours Inc, Redbak International, Stile Board Pty Ltd, Bewi ASA, Foamex Group Pty Ltd, Kingspan Group Plc, Koolfoam Pty Ltd, The Foam Co, Owens Corning, and BASF SE. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.
The overall Australia extruded polystyrene market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants, such as valuation experts, research analysts, and key opinion leaders—specializing in the Australia extruded polystyrene market.
Extruded polystyrene (XPS) is a versatile and widely used synthetic polymer material with valuable properties, primarily known for its exceptional insulation capabilities. It is produced through a manufacturing process that involves extruding polystyrene polymer granules, resulting in a closed-cell foam structure. The closed-cell nature of XPS makes it highly resistant to moisture, ensuring durability and preventing water absorption, making it suitable for various applications. Apart from its insulation properties, XPS is known for its lightweight yet sturdy nature, making it easy to handle and install. It also exhibits resistance to compression, ensuring long-term structural integrity in various construction applications. Additionally, XPS is recognized for its resistance to mold, mildew, and pests, contributing to the longevity and hygiene of structures where it is utilized.
Extruded polystyrene is used in building and construction, automotive, packaging, marine, and sports applications. Foam molding provides various advantages for construction applications. Compared to other commonly used rigid insulation boards, its higher compressive strength, lower water absorption, and overall robustness make it ideal for ground floors and inverted flat roofs. In the automotive industry, the extruded polystyrene is utilized for interior insulation. Further, end users maintain long-term relationships with manufacturers to ensure a steady supply of high-quality products.
Furthermore, XPS finds applications beyond construction, such as crafting, molding, and packaging, due to its versatility, strength, and ease of shaping. Its closed-cell structure and ability to withstand a range of temperatures make it a favored material in diverse industries where insulation, durability, and adaptability are essential considerations. Overall, extruded polystyrene stands out as a multifaceted material, playing a crucial role in enhancing energy efficiency and structural performance across various sectors.
Extruded polystyrene provides high benefits in industrial applications and is superior to other insulating materials in terms of physical, thermal, and mechanical properties. The manufacturing process of extruded polystyrene involves melting the polystyrene beads and then extruding them through a dye to form a continuous, closed-cell structure. Thus, the resulting foam boards have a smooth, dense surface and uniform structure. They are available in numerous thickness, density, and dimension options to meet various insulation requirements. The extruded polystyrene offers the benefits of insulation by blocking the wave of heat from warm areas to cooler areas.
A few key players operating in the Australia extruded polystyrene market are DuPont de Nemours Inc, Redbak International, Stile Board Pty Ltd, Bewi ASA, Foamex Group Pty Ltd, Kingspan Group Plc, Koolfoam Pty Ltd, The Foam Co, Owens Corning, and BASF SE. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.
The overall Australia extruded polystyrene market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants, such as valuation experts, research analysts, and key opinion leaders—specializing in the Australia extruded polystyrene market.
1. INTRODUCTION
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights: Australia Extruded Polystyrene Market
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. AUSTRALIA EXTRUDED POLYSTYRENE MARKET LANDSCAPE
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Use
4.3.5 Recycling
4.3.6 List of Vendors in Value Chain
5. AUSTRALIA EXTRUDED POLYSTYRENE MARKET – KEY MARKET DYNAMICS
5.1 Extruded Polystyrene Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Construction Industry
5.2.2 Rising Awareness Regarding Benefits of Extruded Polystyrene (XPS)
5.3 Market Restraints
5.3.1 Harmful Impact of Raw Materials on Environment
5.4 Market Opportunities
5.4.1 Applications of Extruded Polystyrene in End-Use Industries
5.5 Future Trends
5.5.1 Increasing Focus on Recycled Extruded Polystyrene
5.6 Impact Analysis
6. EXTRUDED POLYSTYRENE MARKET - AUSTRALIA MARKET ANALYSIS
6.1 The Australia Extruded Polystyrene – Australia Market Overview
6.2 Australia Extruded Polystyrene Market Volume (Kilo Tons), 2020 - 2030
6.3 Australia Extruded Polystyrene Market Revenue (US$ Million), 2020 - 2030
6.4 Australia Extruded Polystyrene Market Forecast and Analysis
7. AUSTRALIA EXTRUDED POLYSTYRENE MARKET ANALYSIS – END-USE
7.1 End-Use Market Forecasts and Analysis
7.2 Building and Construction
7.2.1 Overview
7.2.2 Building and Construction Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Building and Construction Market Volume and Forecast to 2030 (Kilo Tons)
7.3 Industrial Insulation
7.3.1 Overview
7.3.2 Industrial Insulation Market Revenue and Forecast to 2030 (US$ Million)
7.3.3 Industrial Insulation Market Volume and Forecast to 2030 (Kilo Tons)
7.4 Automotive
7.4.1 Overview
7.4.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
7.4.3 Automotive Market Volume and Forecast to 2030 (Kilo Tons)
7.5 Packaging
7.5.1 Overview
7.5.2 Packaging Market Revenue and Forecast to 2030 (US$ Million)
7.5.3 Packaging Market Volume and Forecast to 2030 (Kilo Tons)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
7.6.3 Others Market Volume and Forecast to 2030 (Kilo Tons)
8. INDUSTRY LANDSCAPE
8.1 Overview
8.2 Product launch
8.3 Other Strategies and Developments
9. COMPETITIVE LANDSCAPE
9.1 Heat Map Analysis by Key Players
9.2 Company Positioning & Concentration
10. COMPANY PROFILES
10.1 DuPont de Nemours Inc
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Redbak International
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Stile Board Pty Ltd
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Bewi ASA
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Foamex Group Pty Ltd
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Kingspan Group Plc
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Koolfoam Pty Ltd
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 The Foam Co
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Owens Corning
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 BASF SE
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. APPENDIX
11.1 About Us
11.2 Glossary of Terms
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights: Australia Extruded Polystyrene Market
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. AUSTRALIA EXTRUDED POLYSTYRENE MARKET LANDSCAPE
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Use
4.3.5 Recycling
4.3.6 List of Vendors in Value Chain
5. AUSTRALIA EXTRUDED POLYSTYRENE MARKET – KEY MARKET DYNAMICS
5.1 Extruded Polystyrene Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Construction Industry
5.2.2 Rising Awareness Regarding Benefits of Extruded Polystyrene (XPS)
5.3 Market Restraints
5.3.1 Harmful Impact of Raw Materials on Environment
5.4 Market Opportunities
5.4.1 Applications of Extruded Polystyrene in End-Use Industries
5.5 Future Trends
5.5.1 Increasing Focus on Recycled Extruded Polystyrene
5.6 Impact Analysis
6. EXTRUDED POLYSTYRENE MARKET - AUSTRALIA MARKET ANALYSIS
6.1 The Australia Extruded Polystyrene – Australia Market Overview
6.2 Australia Extruded Polystyrene Market Volume (Kilo Tons), 2020 - 2030
6.3 Australia Extruded Polystyrene Market Revenue (US$ Million), 2020 - 2030
6.4 Australia Extruded Polystyrene Market Forecast and Analysis
7. AUSTRALIA EXTRUDED POLYSTYRENE MARKET ANALYSIS – END-USE
7.1 End-Use Market Forecasts and Analysis
7.2 Building and Construction
7.2.1 Overview
7.2.2 Building and Construction Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Building and Construction Market Volume and Forecast to 2030 (Kilo Tons)
7.3 Industrial Insulation
7.3.1 Overview
7.3.2 Industrial Insulation Market Revenue and Forecast to 2030 (US$ Million)
7.3.3 Industrial Insulation Market Volume and Forecast to 2030 (Kilo Tons)
7.4 Automotive
7.4.1 Overview
7.4.2 Automotive Market Revenue and Forecast to 2030 (US$ Million)
7.4.3 Automotive Market Volume and Forecast to 2030 (Kilo Tons)
7.5 Packaging
7.5.1 Overview
7.5.2 Packaging Market Revenue and Forecast to 2030 (US$ Million)
7.5.3 Packaging Market Volume and Forecast to 2030 (Kilo Tons)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
7.6.3 Others Market Volume and Forecast to 2030 (Kilo Tons)
8. INDUSTRY LANDSCAPE
8.1 Overview
8.2 Product launch
8.3 Other Strategies and Developments
9. COMPETITIVE LANDSCAPE
9.1 Heat Map Analysis by Key Players
9.2 Company Positioning & Concentration
10. COMPANY PROFILES
10.1 DuPont de Nemours Inc
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Redbak International
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Stile Board Pty Ltd
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Bewi ASA
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Foamex Group Pty Ltd
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Kingspan Group Plc
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Koolfoam Pty Ltd
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 The Foam Co
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Owens Corning
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 BASF SE
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. APPENDIX
11.1 About Us
11.2 Glossary of Terms
LIST OF TABLES
Table 1. Australia Extruded Polystyrene Market Segmentation
Table 2. List of Vendors in Value Chain
Table 3. List of Potential Customers for Australia
Table 4. Australia Extruded Polystyrene Market Volume and Forecasts To 2030 (Kilo Tons)
Table 5. Australia Extruded Polystyrene Market Revenue and Forecasts To 2030 (US$ Million)
Table 6. Glossary of Terms, Australia extruded polystyrene market
Table 1. Australia Extruded Polystyrene Market Segmentation
Table 2. List of Vendors in Value Chain
Table 3. List of Potential Customers for Australia
Table 4. Australia Extruded Polystyrene Market Volume and Forecasts To 2030 (Kilo Tons)
Table 5. Australia Extruded Polystyrene Market Revenue and Forecasts To 2030 (US$ Million)
Table 6. Glossary of Terms, Australia extruded polystyrene market
LIST OF FIGURES
Figure 1. Porter's Five Forces Analysis
Figure 2. Ecosystem: Australia Extruded Polystyrene Market
Figure 3. Australia Extruded Polystyrene Market Impact Analysis of Drivers and Restraints
Figure 4. Australia Extruded Polystyrene Market Volume (Kilo Tons), 2020 – 2030
Figure 5. Australia Extruded Polystyrene Market Revenue (US$ Million), 2020 – 2030
Figure 6. Extruded Polystyrene Market Share (%) – End-Use, 2022 and 2030
Figure 7. Building and Construction Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Building and Construction Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 9. Industrial Insulation Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Industrial Insulation Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 11. Automotive Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Automotive Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 13. Packaging Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Packaging Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 15. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 17. Heat Map Analysis by Key Players
Figure 18. Company Positioning & Concentration
Figure 1. Porter's Five Forces Analysis
Figure 2. Ecosystem: Australia Extruded Polystyrene Market
Figure 3. Australia Extruded Polystyrene Market Impact Analysis of Drivers and Restraints
Figure 4. Australia Extruded Polystyrene Market Volume (Kilo Tons), 2020 – 2030
Figure 5. Australia Extruded Polystyrene Market Revenue (US$ Million), 2020 – 2030
Figure 6. Extruded Polystyrene Market Share (%) – End-Use, 2022 and 2030
Figure 7. Building and Construction Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Building and Construction Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 9. Industrial Insulation Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Industrial Insulation Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 11. Automotive Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Automotive Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 13. Packaging Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Packaging Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 15. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others Market Volume and Forecasts To 2030 (Kilo Tons)
Figure 17. Heat Map Analysis by Key Players
Figure 18. Company Positioning & Concentration
