What would be the impact of COVID-19 on the overall segment of Foam Blowing Agent Market

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  The Asia-Pacific region market is expected to lead the  foam blowing agents market  by garnering a significant revenue during the forecast period from 2019 to 2026,  owing to the growing implementation of government policies for environment safety and rising foreign investments in foam blowing agents in Asian countries. Additionally, rising technological developments in foam blowing agents market is projected to lead the global market by garnering a significant revenue during and speedy growth in industrialization in the Southeast Asia are contributing hugely to the growth of the market INQUIRE HERE BEFORE PURCHASE AND GET FREE SAMPLE {What will the sample contain? The sample will give the stakeholder an outline of the report. It will give an overview/framework of the aspects of the market that have been covered in the content of the actual report. The report, unlike the sample, will bear numerical data and market insights associated with a price.} The North-Americ...

Opportunity: COVID-19 Impact and Recovery Analysis on Expanded Polystyrene Packaging Market

 

The increasing use of polystyrene packaging in the end use industries like buildings & construction, food & beverage, and automotive sectors is boosting the growth of the expanded polystyrene polymer market. Expanded polystyrene material is approved by the Food and Drug Administration (FDA) as it is a completely recyclable material and leaves minimum impact of the environment. Moreover, the growing need to freeze food items in the food & beverage sector for maintaining the food products’ safety and freshness is anticipated to contribute to the market growth in the coming years

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The sample will give the stakeholder an outline of the report. It will give an overview/framework of the aspects of the market that have been covered in the content of the actual report. The report, unlike the sample, will bear numerical data and market insights associated with a price.}

Also, the growing government initiatives and regulations for encouraging people to use recyclable plastics to reduce plastic concentration in the environment is expected to propel the growth of the expanded polystyrene polymer market significantly in the upcoming years. In addition, polystyrene packaging is extensively used in the development of green buildings. All these factors are anticipated to offer lucrative market opportunities for the global expanded polystyrene polymer market in near future.

Key Players in the Market

Some of the leading players of the global expanded polystyrene polymer industry, such as KANEKA CORPORATION, BASF SE, INEOS, Total, Ravago, Versalis S.p.A., Dow, SABIC, Synthos, StyroChem, and others, are taking various business growth initiatives such as partnerships & collaborations, mergers and acquisitions, investments in R&D, and new product launches. These strategies have helped these companies in obtaining a leading-edge in the market in the recent period.

In March 2021, An alliance of 18 European firms functioning in the expanded polystyrene (EPS) raw materials, packaging manufacturing, and recycling sector, launched an initiative — Smart Packaging Europe — to create awareness about the economic, environmental, and social benefits of EPS packaging. Smart Packaging Europe intents to prove that EPS plays a vital role in the future European packaging industry and is also a more eco-friendly packaging option for many end use industries.

Such innovative developments by market players are contributing to the growth of the expanded polystyrene polymer industry. As per a report by Research Dive, the expanded polystyrene polymer market is foreseen to garner a significant revenue and reach newer heights from 2019 to 2026.

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Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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