How Big Is the EPS Market | Latest Insights 2025

Q: How big is the EPS market expected to be by 2031?

EPS market is anticipated to surpass USD 22.5 billion by 2031.

Q: What is driving the growth of the EPS market?

Rising demand in construction for insulation, along with increasing packaging use in food and electronics, is fueling market growth.

Q: What regions are leading in EPS production and usage?

Asia-Pacific, particularly China and India, dominate due to robust manufacturing.

Q: What are the key challenges in the EPS market?

Environmental regulations, raw material volatility, and disposal concerns pose ongoing challenges.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA6322

Publication Date: Jul 2025

How Big Is the EPS Market?

According to 6Wresearch internal database and industry insights,the EPS market was valued at USD 13.7 billion in 2024 and is anticipated to reach approximately USD 22.5 billion by 2031, reaching at a CAGR of 8.0% during the forecast period.

This growth can be attributed to expanding applications in construction and packaging industries, demand for lightweight thermal insulation materials, and rising infrastructure projects across emerging economies. Additionally, the adoption of green building standards is pushing the use of EPS in energy-efficient construction materials.

Growth Factors of the EPS Market

Expanding construction industry demanding lightweight and cost-effective insulation
Increasing popularity of protective packaging in e-commerce and appliance shipments
Rising need for thermal insulation in cold-chain logistics and food delivery systems
Improved material engineering leading to higher durability and versatility
Surge in urban development and smart city initiatives worldwide
Growing awareness about energy-saving solutions in building construction

EPS Market Trends

EPS Marketis witnessing strong momentum due to rising demand for energy-efficient building materials, particularly in Asia-Pacific and the Middle East. There is a growing preference for high-performance insulation materials that balance cost and functionality. Lightweight EPS is also gaining traction in packaging of electronics and medical devices, while bio-based and fire-retardant variants are becoming popular as sustainability and safety standards tighten globally.

Emerging Developments in EPS Market

EPS market is expected to grow in the coming years owing to the emergence of key innovations such as development of recyclable and biodegradable EPS foam, helping address environmental concerns. Smart manufacturing technologies are enhancing EPS moldability and reducing production waste. Additionally, integration with IoT-enabled temperature control in cold-chain packaging and use of graphite-enhanced EPS in green buildings are positioning EPS as a future-ready insulation solution.