Recycled EPS Demand, Production Capacity, Volume and Value Range and Industry Outlook Report Till 2036

Recycled Expanded Polystyrene (EPS) Market Overview:

Expanded polystyrene (EPS), commonly known as Styrofoam, has long been a concern for its environmental impact. However, recent developments in recycling technologies and innovative approaches have paved the way for a more sustainable and circular future for this material.

In recent years, there has been significant progress in the development of efficient and effective recycling technologies for expanded polystyrene. One of the noteworthy innovations is the introduction of mechanical recycling processes. This involves grinding, melting, and reforming EPS waste into reusable pellets, which can be used to manufacture new products. Mechanical recycling has gained momentum due to its cost-effectiveness and the ability to retain the material's inherent properties.

Recycled Expanded Polystyrene (EPS) Demand Analysis:

To support the growing demand for an expanded polystyrene recycling market, new recycling plants have emerged worldwide. These facilities have been equipped with advanced sorting and processing equipment to efficiently handle EPS waste. For instance, in the United States, the Foam Recycling Coalition has supported the establishment of numerous EPS recycling facilities. These plants have played a vital role in diverting EPS waste from landfills and enabling its transformation into valuable resources.

The recycled EPS, commonly referred to as recycled expanded polystyrene, has been increasingly used as a raw material for various applications. One key development is the production of insulation materials. Recycled expanded polystyrene is an excellent thermal insulator, making it ideal for use in buildings, reducing energy consumption and greenhouse gas emissions.

Additionally, the automotive industry has also embraced recycled expanded polystyrene, utilizing it in the manufacturing of lightweight components, such as interior panels and protective packaging. By substituting traditional materials with recycled expanded polystyrene, car manufacturers can achieve weight reduction, leading to improved fuel efficiency and reduced carbon emissions.

Another product development involves the manufacturing of construction materials using recycled expanded polystyrene. Blocks and panels made from recycled expanded polystyrene can be used for insulating walls, soundproofing, and even as structural elements. These innovations not only reduce the demand for virgin materials but also contribute to waste reduction and resource conservation.

Government Initiatives and Regulations:

Recognizing the environmental impact of expanded polystyrene and the need for sustainable solutions, governments around the world have taken initiatives to promote EPS recycling and reduce its negative effects on the environment. For instance, countries like Canada, Germany, and South Korea have implemented extended producer responsibility programs. These programs hold manufacturers responsible for the entire lifecycle of their products, including collection and recycling.

Moreover, several regions and municipalities have implemented bans or restrictions on single-use expanded polystyrene products, encouraging businesses to find alternatives or adopt recyclable EPS materials. These regulations have been instrumental in driving innovation in the packaging industry, pushing for more sustainable packaging solutions. For instance, Quebec-based Nexkemia Petrochemicals acquired the assets of Eco-Captation in 2023, the leading recycler of post-consumer expanded polystyrene (EPS) waste in Quebec.

This acquisition demonstrates Nexkemia Petrochemicals' commitment to promoting a circular economy by investing in the recycling of EPS waste and the production of sustainable raw materials. Moreover, the Victorian state government has implemented a ground-breaking ban on single-use plastics and polystyrene. This landmark legislation prohibits the sale and supply of various items, including plastic drinking straws, drink stirrers, plates, cotton bud sticks, cutlery and expanded polystyrene food and drink containers in Victoria from February 2023.

The market for recycled expanded polystyrene has experienced significant growth in recent years. As the demand for sustainable and eco-friendly materials continues to rise, recycled expanded polystyrene has gained traction as a viable alternative to virgin polystyrene.

The construction industry has been a major driver of the recycled expanded polystyrene market. The use of recycled expanded polystyrene in construction materials, such as insulation blocks and panels, has gained popularity due to its excellent thermal insulation properties. Builders and architects recognize the energy-saving benefits of using recycled expanded polystyrene in walls and roofs, contributing to reduce heating and cooling costs for buildings. Furthermore, recycled expanded polystyrene-based construction materials help improve soundproofing, creating more comfortable living and working environments.

 

Scope of Report 

The Recycled EPS report describes the global Recycled EPS market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Recycling Technology and Application
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Recycled EPS Market data in terms of volume and value for each end-use 
   at regional and country level
•  Recycled EPS Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Recycling Technology
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2022
          -  Base - 2023
          -  Forecast Period - 2024 – 2036
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance      
      • Consumer Goods
      • Packaging
      • Building & Construction
      • Others 
5.  Introduction to Recycled EPS and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
6.  Market Dynamics and Industry Trends 
      •  Market Dynamics and COVID-19 Impact
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges 
7.  Global Recycled EPS Demand Analysis, By Recycling Technology, By Applications (Volume, Value) (2016–2036) 
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016 – 2036)
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Recycled EPS Market, By Recycling Technology
               Material recycling 
               Chemical recycling
      •  Global Recycled EPS Market, By Applications
               Containers
               Packaging
               Construction
               Others
8.  Demand Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2036)
      •  Strategic Issues and COVID-19 Impact
      •  Demand Analysis and Forecast (2016-2036)
      •  Demand Growth Rate (%)
      •  Recycled EPS Market, By Recycling Technology
      •  Recycled EPS Market, By Applications
Note: Demand Analysis has been provided for all major Regions / Countries as mentioned below. The demand(consumption) split by Recycling Technology and applications has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million). 
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the Recycling Technology and applications to arrive at the regional/global demand growth for the forecast period (2024 – 2036) 
9.  Pricing Analysis
10.  Key Strategic Issues and Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
11.  Strategic Recommendation & Suggestions
12.  Company Analysis and Market Share Analysis
      • Recycled EPS Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarter, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             - J-EPS recycling
             - INTCO
             - Let s Recycle It Limited
             - Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
13.  Appendices
      •  Demand- Regions
      •  Demand– Countries

Scope of Report 

The Recycled EPS report describes the global Recycled EPS market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Recycling Technology and Application
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  Recycled EPS Market data in terms of volume and value for each end-use 
   at regional and country level
•  Recycled EPS Market analysis for demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment