
According to a recently published Fact.MR report, global value sales of Expanded Polystyrene reached over US$ 15 Bn in 2019, and are poised to record a significant growth through 2019. The report opines that East Asia will hold its dominance in the Expanded Polystyrene market, underlined by the persistent demand from end-use industries in the region. The presence of key manufacturers in the area includes BASF SE, Total S.A., Synthos S.A., Wuxi Xingda New Foam Plastics Materials Co., Ltd, Versalis S.P.A., and others are complementing a value sales of the Expanded Polystyrene in the region. Recycling deadlocks will coerce market players towards extending provisions on reuse.