The Germany, Belgium and Netherlands expanded polystyrene (EPS) market size is projected to reach US$ 1,180.29 million by 2031 from US$ 776.49 million in 2024. The market is expected to register a CAGR of 6.2% during 2024–2031. The increasing adoption of advancements in EPS recycling and circular economy initiatives is likely to bring new Germany, Belgium and Netherlands expanded polystyrene (EPS) in the coming years.
Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market Analysis
The rising construction volumes in urban and suburban regions are growing the demand for durable materials surges. Increased construction output leads to a rise in new buildings and refurbishments, resulting in higher adoption of expanded polystyrene (EPS) for new installations and upgrades. This rise in construction activities, especially in regions with varying weather conditions, boosts the need for expanded polystyrene (EPS). Furthermore, the growing e-commerce and pharmaceutical industries in Germany, Belgium, and the Netherlands are creating significant opportunities for Expanded Polystyrene (EPS) in temperature-sensitive packaging. EPS remains a preferred material due to its excellent thermal insulation properties, making it ideal for protecting perishable goods such as medicines, vaccines, and biologics during transportation. As the global pharmaceutical industry expands, demand for reliable cold-chain logistics solutions is increasing. Thus, the strong growth of the construction industry and e-commerce in Germany, Belgium and Netherlands fuels the market growth.
Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market Overview
Expanded Polystyrene (EPS) is a lightweight cellular plastic material consisting of small hollow spherical balls. EPS is created in a wide range of densities providing a varying range of physical properties. These are matched to various applications where the material is used to optimize its performance and strength. Various features of EPS allow it to be used in various end-use industries, such as building and construction, electrical and electronics, automotive, medical, packaging, sports and leisure, and others. EPS is highly used in the building and construction industry owing to its insulation properties. It provides chemical inertness, as well as bacterial and pest resistance. Its closed-cell structure allows little water absorption. Also, it is a durable and strong material. It can be used as an insulated panel system for facades, walls, roofs, and floors in buildings.
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Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market: Strategic Insights
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Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market: Strategic Insights
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Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market Drivers and Opportunities
Growing Construction Industry to Favor Market
Europe is experiencing a rise in residential, commercial, industrial, and infrastructural construction. According to the European Commission, the construction industry contributes ~9% to the gross domestic product (GDP). The industry supports economic growth by assisting the supply chain, which creates several business opportunities and services, thereby increasing employment rates. Moreover, the focus on renovating and remodeling old buildings, along with significant investment to improve public infrastructure, is growing significantly in the region. Rising populations are resulting in rapid expansion of cities, requiring more and better infrastructure of roads, housing, and office spaces. Germany is the largest construction market in Europe, where the construction sector in the country is growing significantly. The requirement for residential buildings in the country is increasing due to rising population and a favorable economic environment. There is also an increasing interest in micro-apartments and prefabricated buildings. The Netherlands is another major construction market in Europe where commercial construction activities are rising notably.
Increasing Demand in Cold Chain Logistics and Pharmaceutical Packaging
Belgium is a hub for pharmaceutical exports. The country plays a crucial role in Europe's biotech and medical supply chain, with companies such as Pfizer, GlaxoSmithKline (GSK), and UCB relying on temperature-controlled packaging for global distribution. Similarly, Germany, with its strong medical supply chain and healthcare sector, continues to invest in efficient vaccine and medicine transportation, reinforcing the need for EPS containers and insulated shipping boxes.
The rapid growth of e-commerce and online pharmacy platforms has led to an increased demand for secure and temperature-stable delivery solutions. Online retailers specializing in perishable goods, meal kits, and medical supplies require EPS-based protective packaging to ensure product integrity. Despite regulatory pressures on single-use plastics, EPS remains a cost-effective and high-performance solution for cold chain logistics and is expected to present a key growth opportunity in the region during the forecast period.
Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market Report Segmentation Analysis
Key segments that contributed to the derivation of Germany, Belgium and Netherlands expanded polystyrene (EPS) market analysis are type, product type, and end use.
- Based on type, the market is bifurcated into white and gray. The white segment held a larger share of the market in 2024.
- In terms of product type, the market is segmented into EPS foam, EPS insulation, EPS molding, and others. The EPS foam segment held the largest share of the market in 2024.
- By end use, the market is categorized into building and construction, electrical and electronics, automotive, medical, packaging, sports and leisure, and others. The building and construction segment accounted for the largest share of the market in 2024.
Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market Share Analysis by Geography
The geographic scope of the Germany, Belgium and Netherlands expanded polystyrene (EPS) market report is mainly divided into Germany, Belgium and Netherlands.
Germany dominated the Germany, Belgium and Netherlands expanded polystyrene (EPS) market in 2024 in terms of revenue share. Germany is the largest economy in Europe with a well-established demand for EPS due to its excellent thermal insulation properties and versatility. Germany's strong focus on energy-efficient building standards, such as the Energy Saving Ordinance (EnEV), has significantly increased the demand for EPS as a thermal insulation material. The country's construction industry continues to adopt EPS in the development of energy-efficient buildings, both residential and commercial, in line with the European Union's sustainability goals. EPS is used in walls, floors, roofs, and façades, making it a crucial material for reducing energy consumption.
The demand for EPS in the automotive sector is growing significantly in the country. Major automotive manufacturers such as Volkswagen, BMW, and Mercedes-Benz contribute to EPS demand for producing lightweight automotive components in Germany. EPS is used in bumpers, dashboards, and interior elements to reduce vehicle weight, improve fuel efficiency, and meet environmental regulations. Germany's EPS market is supported by strong demand across multiple sectors and ongoing innovations to improve material sustainability.
Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market Report Scope
Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market News and Recent Developments
The Germany, Belgium and Netherlands expanded polystyrene (EPS) market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Germany, Belgium and Netherlands expanded polystyrene (EPS) market are listed below:
- Bewi ASA announced the opening of its new production line for expanded polystyrene (EPS) at the company's raw material facility in Etten-Leur in the Netherlands. The new production line, including a state-of-the-art extruder, significantly strengthened the company's capacity for recycled materials. (Source: Bewi ASA, Press Release, December 2023)
- BASF SE expanded its portfolio of graphitic expandable polystyrene (EPS) granulate. Neopor F 5 McycledTM contains 10% recycled material and is suitable for numerous building applications, particularly facade insulation. (Source: BASF SE, Press Release, March 2022)
Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market Report Coverage and Deliverables
The "Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Germany, Belgium and Netherlands expanded polystyrene (EPS) market size and forecast at regional and country levels for all the key market segments covered under the scope
- Germany, Belgium and Netherlands expanded polystyrene (EPS) market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- Germany, Belgium and Netherlands expanded polystyrene (EPS) market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Germany, Belgium and Netherlands expanded polystyrene (EPS) market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The market is estimated to register a CAGR of 6.2% during 2024–2031.
The market is projected to reach US$ 1,180.29 million by 2031.
The advancements in EPS recycling and circular economy initiatives are expected to bring new trends to the market.
Knauf Digital GmbH, Bewi ASA, BASF SE, Saudi Basic Industries Corp, TotalEnergies SE, ISOSTAR BV, Krautz TEMAX, HSV Group, UNIPOL, and SUNPOR Kunststoff GmbH are among the key players operating in the Germany, Belgium and Netherlands expanded polystyrene (EPS) market.
Strong growth of the construction industry and the expanding packaging industry are among a few factors driving the market.
The white segment dominated the market in 2024.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Germany, Belgium and Netherlands Expanded Polystyrene Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Raw Material Suppliers:
4.2.2 Manufacturers:
4.2.3 Distributors/Suppliers:
4.2.4 End Users:
4.2.5 List of Vendors in the Value Chain
4.3 Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of New Entrants
4.3.4 Competitive Rivalry
4.3.5 Threat of Substitutes
4.4 Average Selling Price of Expanded Polystyrene, by Type, 2024 (US$/Ton)
4.5 Expanded Polystyrene Import Export Data, by Key Countries, 2023 (HS Code: 390311)
5. Germany, Belgium and Netherlands Expanded Polystyrene Market – Key Market Dynamics
5.1 Germany, Belgium and Netherlands Expanded Polystyrene Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Growing Construction Industry
5.2.2 Expanding Packaging Industry
5.3 Market Restraints
5.3.1 Stringent Environmental Regulations
5.4 Market Opportunities
5.4.1 Increasing Demand in Cold Chain Logistics and Pharmaceutical Packaging
5.5 Future Trends
5.5.1 Advancements in EPS Recycling and Circular Economy Initiatives
5.6 Impact of Drivers and Restraints:
6. Expanded Polystyrene Market – Germany Market Analysis
6.1 Overview
6.1.1 Germany Market – Revenue and Forecast to 2031 (US$ Million)
6.1.1.1 Germany: Expanded Polystyrene Market Breakdown by Type
6.1.1.2 Germany: Expanded Polystyrene Market Breakdown by Product Type
6.1.1.3 Germany: Expanded Polystyrene Market Breakdown by End Use
7. Expanded Polystyrene Market – Belgium Market Analysis
7.1 Overview
7.1.1 Belgium: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million)
7.1.1.1 Belgium: Expanded Polystyrene Market Breakdown by Type
7.1.1.2 Belgium: Expanded Polystyrene Market Breakdown by Product Type
7.1.1.3 Belgium: Expanded Polystyrene Market Breakdown by End Use
8. Expanded Polystyrene Market – Netherlands Market Analysis
8.1 Overview
8.1.1 Netherlands: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million)
8.1.1.1 Netherlands: Expanded Polystyrene Market Breakdown by Type
8.1.1.2 Netherlands: Expanded Polystyrene Market Breakdown by Product Type
8.1.1.3 Netherlands: Expanded Polystyrene Market Breakdown by End Use
9. Competitive Landscape
9.1 Heat Map Analysis by Key Players
9.2 Company Positioning & Concentration
10. Industry Landscape
10.1 Overview
10.2 Collaboration
10.3 Expansions
10.4 New Launch
11. Company Profiles
11.1 Knauf Digital GmbH
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Bewi ASA
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 BASF SE
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Saudi Basic Industries Corp
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 TotalEnergies SE
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 ISOSTAR BV
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Krautz TEMAX
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 HSV Group
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 UNIPOL
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 SUNPOR Kunststoff GmbH
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
List of Tables
Table 1. Germany, Belgium and Netherlands Expanded Polystyrene Market Segmentation
Table 2. List of Vendors
Table 3. Germany: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 4. Germany: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 5. Germany: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by Product Type
Table 6. Germany: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 7. Germany: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by End Use
Table 8. Germany: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by End Use
Table 9. Belgium: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 10. Belgium: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 11. Belgium: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by Product Type
Table 12. Belgium: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 13. Belgium: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by End Use
Table 14. Belgium: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by End Use
Table 15. Netherlands: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by Type
Table 16. Netherlands: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 17. Netherlands: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by Product Type
Table 18. Netherlands: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 19. Netherlands: Expanded Polystyrene Market –Volume and Forecast to 2031 (Kilo Tons) – by End Use
Table 20. Netherlands: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million) – by End Use
List of Figures
Figure 1. Germany, Belgium and Netherlands Expanded Polystyrene Market Segmentation, by Geography
Figure 2. Ecosystem: Expanded Polystyrene Market
Figure 3. Porter's Five Forces Analysis
Figure 4. Netherlands Construction Output
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Germany Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Belgium: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Netherlands: Expanded Polystyrene Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Heat Map Analysis by Key Players
Figure 10. Company Positioning & Concentration
The List of Companies - Germany, Belgium and Netherlands Expanded Polystyrene (EPS) Market
- Knauf Digital GmbH
- Bewi ASA
- BASF SE
- Saudi Basic Industries Corp
- TotalEnergies SE
- ISOSTAR BV
- Krautz TEMAX
- HSV Group
- UNIPOL
- SUNPOR Kunststoff GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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