Expanded Polystyrene for Packaging Market Size & Share, by Type (White EPS, Grey EPS), End User (Food and Beverage, Electronics, Pharmaceutical) - Global Supply & Demand Analysis & Growth Forecasts, Statistics Report 2024-2036
BASF acquired ASL, a leading French manufacturer of specialty lubricants for the automotive and industrial sectors. This acquisition strengthens BASF's position in the high-performance lubricants market and expands its geographical reach.
BASF successfully closed the acquisition of a range of businesses and assets from Bayer, including crop protection, biotech and digital farming activities, seeds, non-selective herbicides, and nematicide seed treatments. This significantly expanded BASF's agricultural solutions portfolio and created new opportunities for growth.
Author Credits: Sadaf Naaz, Mohd Shadab
Report ID: 5578
Published Date: Jan 25, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for pharmaceutical sector is the major factor driving the market growth.
The market size of expanded polystyrene for packaging is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.
The major players in the market Dart Container Corporation, BASF SE, NOVA Chemicals Corporation, StyroChem, Kaneka Corporation, Synthos S.A., and others.
The pharmaceutical segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.