Exploring the Global Extruded Polystyrene Market: Key Players and Demand Drivers
Extruded polystyrene (XPS) is a high-performance insulation material known for its excellent thermal resistance, durability, and moisture protection. Widely used in the construction industry, XPS plays a crucial role in energy-efficient buildings by reducing heat loss and improving overall insulation. Its unique properties make it a preferred choice in both residential and commercial applications, especially in wall systems, roofing, and foundation insulation. What is Extruded Polystyrene (XPS)? Extruded polystyrene is a rigid foam insulation material made through a continuous extrusion process. This manufacturing method gives XPS its closed-cell structure, which provides superior thermal insulation, high compressive strength, and resistance to water absorption. These properties make XPS an ideal insulation material in areas exposed to moisture, such as below-grade foundations, walls, and roofs. In terms of value, The extruded polystyrene industry is estimated to grow from USD 5.6