Extruded Polystyrene Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Extruded Polystyrene Market Report and It is Segmented by Application (Residential, Commercial, and Infrastructure) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Size and Forecasts are Provided in Terms of Volume (tons) for all the Above Segments.

Extruded Polystyrene Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Extruded Polystyrene Market Size

Extruded Polystyrene Market Summary
Study Period 2019 - 2030
Market Volume (2025) 1.07 Million metric tons
Market Volume (2030) 1.36 Million metric tons
CAGR 4.85 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Extruded Polystyrene Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Extruded Polystyrene Market with other markets in Chemicals & Materials Industry

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Extruded Polystyrene Market Analysis

The Extruded Polystyrene Market size is estimated at 1.07 million metric tons in 2025, and is expected to reach 1.36 million metric tons by 2030, at a CAGR of 4.85% during the forecast period (2025-2030).

The market was negatively impacted by COVID-19 in 2020. However, the market is now estimated to have reached pre-pandemic levels and is expected to grow steadily.

  • The market is mostly driven by the rising urbanization and infrastructure development and the growing demand for energy-efficient buildings.
  • On the other hand, the market's growth is likely to be slowed by the emergence of eco-friendly alternatives and lower cost-efficiency compared to close substitutes.
  • Over the next few years, the market is likely to grow in several ways, from innovations in extruded polystyrene manufacturing to growing environmental concerns.
  • The Asia-Pacific region dominated the global market, with the largest consumption coming from countries such as China, India, and Japan.

Extruded Polystyrene Industry Overview

The extruded polystyrene market is fragmented in nature. The major players (not in any particular order) include BASF SE, Soprema Group, DuPont, Saint-Gobain, and Owens Corning, among others.

Extruded Polystyrene Market Leaders

  1. BASF SE

  2. DuPont

  3. Saint-Gobain

  4. Owens Corning

  5. Soprema Group

  6. *Disclaimer: Major Players sorted in no particular order
Extruded Polystyrene Market Concentration
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Extruded Polystyrene Market News

  • October 2024: Austrotherm acquired Monosi, a Greek manufacturer of insulation materials, for an undisclosed sum. Austrotherm will retain Monosi’s Chalkida extruded polystyrene (XPS) insulation boards plant and branding.
  • December 2023: Owens Corning commenced construction of its USD 60 million extruded polystyrene (XPS) insulation plant in Russellville, Arkansas. Set to be operational in 2025, the facility will manufacture Owens Corning's FOAMULAR NGX XPS insulation.
  • January 2023: Austrotherm inaugurated a new XPS production plant in Purbach on Lake Neusiedl, investing EUR 20 million (~USD 21.64 million). The facility boasts a production hall measuring 160 meters in length and 21 meters in width, outfitted with cutting-edge extruder technology.

Extruded Polystyrene Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Drivers
    • 4.1.1 Rising Urbanization and Infrastructure Development
    • 4.1.2 Growing Demand for Energy-efficient Buildings
  • 4.2 Restraints
    • 4.2.1 The Emergence of Eco-friendly Alternatives in the Market
    • 4.2.2 Lower Cost-efficiency Compared to Close Substitutes
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Volume)

  • 5.1 Application
    • 5.1.1 Residential
    • 5.1.2 Commercial
    • 5.1.3 Infrastructure
  • 5.2 Geography
    • 5.2.1 Asia-Pacific
    • 5.2.1.1 China
    • 5.2.1.2 India
    • 5.2.1.3 Japan
    • 5.2.1.4 South Korea
    • 5.2.1.5 Rest of Asia-Pacific
    • 5.2.2 North America
    • 5.2.2.1 United States
    • 5.2.2.2 Canada
    • 5.2.2.3 Mexico
    • 5.2.3 Europe
    • 5.2.3.1 Germany
    • 5.2.3.2 United Kingdom
    • 5.2.3.3 Italy
    • 5.2.3.4 France
    • 5.2.3.5 Rest of Europe
    • 5.2.4 South America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Argentina
    • 5.2.4.3 Rest of South America
    • 5.2.5 Middle-east and Africa
    • 5.2.5.1 Saudi Arabia
    • 5.2.5.2 South Africa
    • 5.2.5.3 Rest of Middle-east and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Austrotherm
    • 6.4.2 BASF SE
    • 6.4.3 DuPont
    • 6.4.4 Emirates Extruded Polystyrene L.L.C.
    • 6.4.5 Saint-Gobain
    • 6.4.6 Kingspan Group
    • 6.4.7 Knauf Insulation
    • 6.4.8 Owens Corning
    • 6.4.9 Soprema Group
    • 6.4.10 Supreme Petrochem Ltd
  • *List Not Exhaustive
  • 6.5 List of Other Prominent Companies

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Innovations in Extruded Polystyrene Manufacturing
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Extruded Polystyrene Industry Segmentation

Extruded polystyrene (XPS) is a thermoplastic polymer known for its closed-cell structure, offering greater strength and superior mechanical performance compared to its close alternative, expanded polystyrene (EPS). Although more costly, XPS is commonly used as rigid foam insulation in residential floors, roofs, walls, ceilings, and balconies due to its high compressive strength and excellent moisture resistance.

The extruded polystyrene market is segmented by application and geography. By application, the market is segmented into residential, commercial, and infrastructure. The report also covers the market size and forecasts for extruded polystyrene in 15 countries across major regions. For each segment, market sizing and forecasts have been done based on volume (tons).

Application Residential
Commercial
Infrastructure
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
Italy
France
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-east and Africa Saudi Arabia
South Africa
Rest of Middle-east and Africa
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Extruded Polystyrene Market Research FAQs

How big is the Extruded Polystyrene Market?

The Extruded Polystyrene Market size is expected to reach 1.07 million metric tons in 2025 and grow at a CAGR of 4.85% to reach 1.36 million metric tons by 2030.

What is the current Extruded Polystyrene Market size?

In 2025, the Extruded Polystyrene Market size is expected to reach 1.07 million metric tons.

Who are the key players in Extruded Polystyrene Market?

BASF SE, DuPont, Saint-Gobain, Owens Corning and Soprema Group are the major companies operating in the Extruded Polystyrene Market.

Which is the fastest growing region in Extruded Polystyrene Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Extruded Polystyrene Market?

In 2025, the Asia-Pacific accounts for the largest market share in Extruded Polystyrene Market.

What years does this Extruded Polystyrene Market cover, and what was the market size in 2024?

In 2024, the Extruded Polystyrene Market size was estimated at 1.02 million metric tons. The report covers the Extruded Polystyrene Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Extruded Polystyrene Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Extruded Polystyrene Industry Report

Statistics for the 2025 Extruded Polystyrene market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Extruded Polystyrene analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.