| Product Code: ETC12138967 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cyprus continued to rely on imports of extruded polystyrene insulation material, with key suppliers being Greece, Metropolitan France, Poland, Austria, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 9.44%, with a notable growth spike of 58.76% in 2024 alone. This data suggests a growing demand for extruded polystyrene insulation material in Cyprus, potentially driven by construction and infrastructure development projects.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Extruded Polystyrene Insulation Material Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Extruded Polystyrene Insulation Material Market - Industry Life Cycle |
3.4 Cyprus Extruded Polystyrene Insulation Material Market - Porter's Five Forces |
3.5 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume Share, By Insulation Type, 2021 & 2031F |
3.7 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.8 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Extruded Polystyrene Insulation Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Extruded Polystyrene Insulation Material Market Trends |
6 Cyprus Extruded Polystyrene Insulation Material Market, By Types |
6.1 Cyprus Extruded Polystyrene Insulation Material Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Extruded Polystyrene Panels, 2021 - 2031F |
6.1.4 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By XPS Board Insulation, 2021 - 2031F |
6.1.5 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By XPS Insulation Boards, 2021 - 2031F |
6.1.6 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By High-Performance XPS Insulation, 2021 - 2031F |
6.2 Cyprus Extruded Polystyrene Insulation Material Market, By Insulation Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Insulating Foam Panels, 2021 - 2031F |
6.2.3 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Closed-cell Polystyrene, 2021 - 2031F |
6.2.4 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Durable Rigid Panels, 2021 - 2031F |
6.2.5 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Advanced Insulation, 2021 - 2031F |
6.3 Cyprus Extruded Polystyrene Insulation Material Market, By Technology Type |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Eco-friendly Insulation, 2021 - 2031F |
6.3.3 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Thermal Insulation Technology, 2021 - 2031F |
6.3.4 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Lightweight Insulating Material, 2021 - 2031F |
6.3.5 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Cold-resistant Materials, 2021 - 2031F |
6.4 Cyprus Extruded Polystyrene Insulation Material Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Construction and Real Estate Developers, 2021 - 2031F |
6.4.3 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Residential and Commercial Properties, 2021 - 2031F |
6.4.4 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By Contractors and Homebuilders, 2021 - 2031F |
6.4.5 Cyprus Extruded Polystyrene Insulation Material Market Revenues & Volume, By HVAC and Refrigeration Industries, 2021 - 2031F |
7 Cyprus Extruded Polystyrene Insulation Material Market Import-Export Trade Statistics |
7.1 Cyprus Extruded Polystyrene Insulation Material Market Export to Major Countries |
7.2 Cyprus Extruded Polystyrene Insulation Material Market Imports from Major Countries |
8 Cyprus Extruded Polystyrene Insulation Material Market Key Performance Indicators |
9 Cyprus Extruded Polystyrene Insulation Material Market - Opportunity Assessment |
9.1 Cyprus Extruded Polystyrene Insulation Material Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Extruded Polystyrene Insulation Material Market Opportunity Assessment, By Insulation Type, 2021 & 2031F |
9.3 Cyprus Extruded Polystyrene Insulation Material Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.4 Cyprus Extruded Polystyrene Insulation Material Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Extruded Polystyrene Insulation Material Market - Competitive Landscape |
10.1 Cyprus Extruded Polystyrene Insulation Material Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Extruded Polystyrene Insulation Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here