| Product Code: ETC7542951 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of expandable polystyrene (EPS) in India have shown significant growth, with the top exporting countries being China, Austria, Taiwan, Germany, and South Korea. The market concentration, as measured by the HHI, has increased from moderate to very high in 2024, indicating a higher level of dominance by key players. The compound annual growth rate (CAGR) for the period 2020-2024 stands at a healthy 4.64%, while the growth rate from 2023 to 2024 is an impressive 36.24%, reflecting a robust expansion of the EPS market in India.

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 India Expandable Polystyrene EPS Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Expandable Polystyrene EPS Market Revenues & Volume, 2021 & 2031F |
3.3 India Expandable Polystyrene EPS Market - Industry Life Cycle |
3.4 India Expandable Polystyrene EPS Market - Porter's Five Forces |
3.5 India Expandable Polystyrene EPS Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Expandable Polystyrene EPS Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Expandable Polystyrene EPS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaging materials in various industries in India |
4.2.2 Growth in the construction sector leading to higher demand for insulation materials like expandable polystyrene (EPS) |
4.2.3 Rising awareness about the benefits of EPS in terms of lightweight, durable, and recyclable properties |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of production |
4.3.2 Stringent environmental regulations regarding the use and disposal of EPS products |
5 India Expandable Polystyrene EPS Market Trends |
6 India Expandable Polystyrene EPS Market, By Types |
6.1 India Expandable Polystyrene EPS Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Expandable Polystyrene EPS Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Expandable Polystyrene EPS Market Revenues & Volume, By White, 2021- 2031F |
6.1.4 India Expandable Polystyrene EPS Market Revenues & Volume, By Grey, 2021- 2031F |
6.1.5 India Expandable Polystyrene EPS Market Revenues & Volume, By Silver, 2021- 2031F |
6.2 India Expandable Polystyrene EPS Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 India Expandable Polystyrene EPS Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.2.3 India Expandable Polystyrene EPS Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.4 India Expandable Polystyrene EPS Market Revenues & Volume, By Other End Users, 2021- 2031F |
7 India Expandable Polystyrene EPS Market Import-Export Trade Statistics |
7.1 India Expandable Polystyrene EPS Market Export to Major Countries |
7.2 India Expandable Polystyrene EPS Market Imports from Major Countries |
8 India Expandable Polystyrene EPS Market Key Performance Indicators |
8.1 Recycling rate of EPS materials in India |
8.2 Adoption rate of EPS in new industries or applications |
8.3 Investment in EPS manufacturing technologies and capacity expansion |
8.4 Demand for EPS products in key end-use sectors such as packaging and construction |
8.5 Innovation and development of sustainable EPS products and solutions |
9 India Expandable Polystyrene EPS Market - Opportunity Assessment |
9.1 India Expandable Polystyrene EPS Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Expandable Polystyrene EPS Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Expandable Polystyrene EPS Market - Competitive Landscape |
10.1 India Expandable Polystyrene EPS Market Revenue Share, By Companies, 2024 |
10.2 India Expandable Polystyrene EPS 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.
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