By Type, (White, Grey & Silver, Black), By Production Method (In-Situ Suspension, Post-impregnation Suspension), By End User (Building & Construction, Electrical and Electronics, P......ackaging, Automotive, Others (Automotive, Healthcare, Agriculture, etc.)), By Country (The UAE, Saudi Arabia, Oman, Kuwait, Bahrain, Qatar), By Company (BASF, Kaneka Corp., SIBUR Holding, BEWI, SUNPOR, Synthos, TotalEnergies, SABIC, Sundolitt Ltd., UNIPOL, Ravago Manufacturing, Styro Qatar, Al Muhaidib Polystyrene Production Company, and Kuwait Styrene Company (TKSC)) Read more
- Chemicals
- Oct 2025
- 198
- PDF, Excel, PPT
Market Definition
Expanded Polystyrene (EPS) is a type of rigid & closed-cell thermoplastic foam material created by polymerizing solid beads of polystyrene derived from styrene monomer. These polystyrene beads contain an expansion gas, mainly pentane, i.e., dissolved within it. EPS has unique properties like lightweight structure, thermal insulation capabilities, and resistance to moisture, owing to which it finds applications in various industries like construction, packaging, automotive, etc.
Market Insights & Analysis: GCC Expanded Polystyrene Market (2025-30):
The GCC Expanded Polystyrene Market size was valued at around 225 Thousand Tons in 2024 and is projected to reach 309 Thousand Tons by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.41% during the forecast period, i.e., 2025-30.
The growth of the market would be propelled by the burgeoning demand for EPS in construction, packaging, cold chain logistics, & automotive sectors, among others, for thermal insulation in buildings, packaging of various products, and temperature-controlled transportation of goods. These industries are witnessing significant growth in the GCC region, backed by increasing FDI (Foreign Direct Investment) and enhanced government support.
Moreover, rapid urbanization and various ongoing & upcoming infrastructure development projects are further creating the demand for EPS. Many countries, such as Saudi Arabia, the United Arab Emirates, and Qatar, have ambitious long-term development plans, such as Saudi Vision 2030, the UAE Vision 2031, and Qatar National Vision 2030, focused on diversifying their economies away from oil & gas and improving infrastructure, including housing, urban development, and transportation. These infrastructural development activities are accelerating construction activities in the region and, in turn, infusing the demand for EPS.
Along with this, the packaging industry in the GCC is also flourishing at a prominent pace, driven by high demand from the food & beverage and pharmaceutical industries and additionally supported by the booming e-commerce sector. The growing population levels, improving disposable incomes, and changing consumer preferences are all augmenting the demand for packaged food & beverages and, consequently, packaging solutions made from EPS like cups, containers, & foam.
Furthermore, the increasing focus of these industries on sustainable packaging is also amplifying the demand for EPS packaging solutions, which have low carbon footprints & involve energy-efficient manufacturing processes. Additionally, immense government support and incentives like subsidies & tax rebates for EV (Electric Vehicle) buyers are attracting EV manufacturers, including NWTN, M Glory, etc., to set up plants in the region, particularly in Saudi Arabia and the UAE. Thus, the demand for EPS-based automotive components & packaging materials is on the rise, which is spurring growth in the GCC Expanded Polystyrene Market.
GCC Expanded Polystyrene Market Scope:
| Category | Segments |
|---|---|
| By Type | White, Grey & Silver, Black |
| By Production Method | In-Situ Suspension, Post-impregnation Suspension |
| By End User | Building & Construction, Electrical and Electronics, Packaging, Automotive, Others (Automotive, Healthcare, Agriculture, etc.) |
GCC Expanded Polystyrene Market Driver:
Increasing Infrastructure Development in the Tourism Sector – GCC countries like the UAE, Qatar, & Saudi Arabia have recognized the potential of tourism for diversifying their economy, owing to which they have developed comprehensive tourism development strategies to attract more tourists. In line with this, several hotels, resorts, entertainment venues, etc., are being constructed across the region, i.e., pushing the demand for EPS for insulation in walls, roofs, & floors. Saudi Arabia aims to increase the tourism sector's contribution to the EPS demand to more than 10% and attract 100 million annual visits by 2030. Similarly, the UAE aims to welcome 40 million hotel guests by 2031, i.e., in line with the UAE Tourism Strategy 2031. Consequently, the region is witnessing an increasing number of hotel construction projects. As of 2023, there are 159,424 hotel rooms under contract for development, and Saudi Arabia is at the forefront of tourism development, with a pipeline of 100,071 hotel rooms. Hence, the rise in construction activities associated with the tourism sector is projected to drive the GCC Expanded Polystyrene Market during 2025-30.
GCC Expanded Polystyrene Market Research Report (2025-2030) - Table of Contents
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- GCC Expanded Polystyrene (EPS) Market Trends & Developments
- GCC Expanded Polystyrene (EPS) Market Dynamics
- Drivers
- Challenges
- GCC Expanded Polystyrene (EPS) Market Hotspot & Opportunities
- GCC Expanded Polystyrene (EPS) Market Regulations and Policy
- GCC Expanded Polystyrene (EPS) Market Supply Chain Analysis
- GCC Expanded Polystyrene (EPS) Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Size & Analysis
- By Type
- White - Market Size & Forecast 2020-2030F, Thousand Tons
- Grey & Silver- Market Size & Forecast 2020-2030F, Thousand Tons
- Black- Market Size & Forecast 2020-2030F, Thousand Tons
- By Production Method
- In-Situ Suspension- Market Size & Forecast 2020-2030F, Thousand Tons
- Post-impregnation Suspension- Market Size & Forecast 2020-2030F, Thousand Tons
- By End User
- Building & Construction- Market Size & Forecast 2020-2030F, Thousand Tons
- Electrical and Electronics- Market Size & Forecast 2020-2030F, Thousand Tons
- Packaging- Market Size & Forecast 2020-2030F, Thousand Tons
- Automotive- Market Size & Forecast 2020-2030F, Thousand Tons
- Others (Automotive, Healthcare, Agriculture, etc.)- Market Size & Forecast 2020-2030F, Thousand Tons
- By Country
- The UAE
- Saudi Arabia
- Oman
- Kuwait
- Bahrain
- Qatar
- By Competition
- Competition Characteristics
- Market Share & Analysis
- By Type
- Market Size & Analysis
- The UAE Expanded Polystyrene (EPS) Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2020-2030F, Thousand Tons
- By Production Method- Market Size & Forecast 2020-2030F, Thousand Tons
- By End User- Market Size & Forecast 2020-2030F, Thousand Tons
- Market Size & Analysis
- Saudi Arabia Expanded Polystyrene (EPS) Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2020-2030F, Thousand Tons
- By Production Method- Market Size & Forecast 2020-2030F, Thousand Tons
- By End User- Market Size & Forecast 2020-2030F, Thousand Tons
- Market Size & Analysis
- Oman Expanded Polystyrene (EPS) Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (Thousand Tons)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2020-2030F, Thousand Tons
- By Production Method- Market Size & Forecast 2020-2030F, Thousand Tons
- By End User- Market Size & Forecast 2020-2030F, Thousand Tons
- Market Size & Analysis
- Kuwait Expanded Polystyrene (EPS) Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2020-2030F, Thousand Tons
- By Production Method- Market Size & Forecast 2020-2030F, Thousand Tons
- By End User- Market Size & Forecast 2020-2030F, Thousand Tons
- Market Size & Analysis
- Bahrain Expanded Polystyrene (EPS) Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2020-2030F, Thousand Tons
- By Production Method- Market Size & Forecast 2020-2030F, Thousand Tons
- By End User- Market Size & Forecast 2020-2030F, Thousand Tons
- Market Size & Analysis
- Qatar Expanded Polystyrene (EPS) Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity Sold (Thousand Tons)
- Market Share & Analysis
- By Type- Market Size & Forecast 2020-2030F, Thousand Tons
- By Production Method- Market Size & Forecast 2020-2030F, Thousand Tons
- By End User- Market Size & Forecast 2020-2030F, Thousand Tons
- Market Size & Analysis
- GCC Expanded Polystyrene (EPS) Market Key Strategic Imperatives for Success & Growth
- Competitive Outlook
- Company Profiles
- BASF
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- TotalEnergies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- SABIC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Ravago Manufacturing
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Styro
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Kuwait Styrene Company (TKSC)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Kuwait Polymer
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- STYROQ
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Al-Musaha Al-Mushtaraka Company
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Unitech Qatar
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- BASF
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making