The Global Expanded Polystyrene (EPS) Market was valued at USD 13.8 Billion in 2023 and is projected to reach USD 18.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024–2030). This steady growth is propelled by rising demand from the construction sector for energy-efficient insulation, expanding e-commerce packaging needs, and ongoing innovations in sustainable and recycled EPS materials.
As industries worldwide prioritize sustainability and efficiency, the role of lightweight, versatile, and cost-effective materials like EPS becomes increasingly critical. In this blog, we profile the Top 10 Companies in the Expanded Polystyrene (EPS) Industry—a diverse group of chemical giants, specialized manufacturers, and recycling innovators shaping the future of this essential market.
Download FREE Sample Report:
Global and Regional Expanded Polystyrene (EPS)Market – View in Detailed Research Report
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Styropor® EPS, Neopor® graphite-enhanced EPS
BASF is a global leader in the chemical industry and a major producer of EPS. Its Styropor brand is widely used in construction insulation and packaging. The company is a pioneer in developing advanced materials like Neopor, which contains graphite particles for superior thermal insulation performance.
Sustainability Initiatives:
-
ChemCycling project to produce EPS from chemically recycled plastic waste
-
Commitment to reducing carbon footprint across the product lifecycle
-
Development of biomass-balanced EPS grades
9️⃣ 2. Alpek SAB de CV
Headquarters: San Pedro Garza García, Mexico
Key Offering: Expandable Polystyrene (EPS) resins
Alpek, through its STYROPER brand, is one of the largest EPS producers in the Americas. The company operates multiple production plants and serves a broad range of applications, from construction blocks to consumer goods packaging, with a strong foothold in North and South American markets.
Sustainability Initiatives:
-
Investment in recycling infrastructure and processes
-
Focus on producing lightweight, resource-efficient EPS grades
8️⃣ 3. Synthos SA
Headquarters: Oświęcim, Poland
Key Offering: Expandable Polystyrene, SABIC-certified circular EPS
Synthos is a leading European producer of synthetic rubbers and polystyrene. The company has a strong EPS portfolio and is actively engaged in sustainability partnerships, including collaborations to develop EPS with recycled content and promote circular economy models for polystyrene.
Sustainability Initiatives:
-
Partnerships for advanced recycling technologies
-
Production of EPS grades compliant with circular economy principles
7️⃣ 4. TotalEnergies
Headquarters: Paris, France
Key Offering: EPS resins for packaging and insulation
TotalEnergies is a major energy company with a significant presence in petrochemicals, including polystyrene production. Its EPS materials are used globally in demanding applications, supported by the company’s extensive R&D capabilities and focus on developing more sustainable polymer solutions.
Sustainability Initiatives:
-
Commitment to producing polymers with 30% recycled content by 2030
-
Investment in advanced recycling projects
Download FREE Sample Report:
Global and Regional Expanded Polystyrene (EPS)Market – View in Detailed Research Report
6️⃣ 5. SABIC
Headquarters: Riyadh, Saudi Arabia
Key Offering: Expandable Polystyrene, certified circular products
SABIC is a global powerhouse in chemicals, agri-nutrients, and plastics. Its EPS products are integral to construction and packaging industries worldwide. The company is at the forefront of the circular economy with its TRUCIRCLE™ portfolio, which includes certified circular and renewable EPS solutions.
Sustainability Initiatives:
-
TRUCIRCLE™ initiative for circular and renewable solutions
-
Pioneering chemical recycling of mixed plastic waste into virgin-quality EPS
5️⃣ 6. Kaneka Corporation
Headquarters: Tokyo, Japan
Key Offering: Kaneka Eperan® EPS
Kaneka is a prominent Japanese chemical company with a strong specialty chemicals division. Its Eperan EPS is known for high quality and is used extensively in construction, refrigeration, and packaging applications across Asia and globally, with a focus on innovation and performance.
Sustainability Initiatives:
-
Development of foam products with improved environmental profiles
-
Initiatives to reduce energy consumption in production
4️⃣ 7. PJSC Sibur Holding
Headquarters: Moscow, Russia
Key Offering: Expandable Polystyrene for CIS markets
Sibur is the largest petrochemical company in Russia and a key supplier of EPS to the CIS region. The company plays a vital role in supplying raw materials for the local construction and packaging industries, with a significant market share in Eastern Europe and Central Asia.
Sustainability Initiatives:
-
Focus on operational efficiency and waste reduction
-
Investment in modern production technologies to minimize environmental impact
3️⃣ 8. ACH Foam Technologies
Headquarters: Denver, Colorado, USA
Key Offering: EPS foam insulation boards, packaging products
ACH Foam Technologies is a leading North American manufacturer of EPS foam products. The company specializes in producing insulation boards for building and construction, as well as custom protective packaging solutions, operating multiple manufacturing facilities across the United States.
Sustainability Initiatives:
-
EPS recycling programs at its manufacturing facilities
-
Promotion of EPS’s role in building energy efficiency
2️⃣ 9. Sunpor Kunststoff GmbH
Headquarters: St. Marienkirchen, Austria
Key Offering: EPS for construction, packaging, and technical applications
Sunpor is an Austrian family-owned company and a significant EPS producer in Europe. It focuses on high-quality, customized EPS solutions for diverse sectors, including advanced insulation systems and specialized packaging, with a strong commitment to innovation and customer service.
Sustainability Initiatives:
-
Sunporvert® process for recycling EPS waste into new raw material
-
Production facilities powered by renewable energy
1️⃣ 10. Synbra Holding BV
Headquarters: Etten-Leur, Netherlands
Key Offering: Expanded Polystyrene (EPS), Bio-based EPS
Synbra Technology is a European specialist in EPS, producing materials for insulation, packaging, and niche applications. The company is known for its innovation, including the development of bio-based EPS derived from renewable raw materials, positioning it at the cutting edge of sustainable foam solutions.
Sustainability Initiatives:
-
Development of bio-based EPS products
-
Active participation in polystyrene recycling value chains
Get Full Report Here:
Global and Regional Expanded Polystyrene (EPS)Market – View in Detailed Research Report
🌍 Outlook: The Future of EPS is Sustainable and Innovative
The Expanded Polystyrene market is undergoing a significant transformation. While its traditional benefits of light weight, excellent insulation, and cost-effectiveness sustain demand, the industry is aggressively investing in circular economy models, advanced recycling technologies, and bio-based alternatives.
📈 Key Trends Shaping the Market:
-
Rising demand for energy-efficient building insulation driven by stricter regulations
-
Expansion of chemical recycling capacities for polystyrene waste
-
Growth in recyclable and recycled-content EPS for sustainable packaging
-
Innovation in high-performance EPS grades for specialized applications
Get Full Report Here:
Global and Regional Expanded Polystyrene (EPS)Market – View in Detailed Research Report
The companies listed above are not only supplying a vital material—they are actively engineering the sustainable future of insulation and packaging.
- Top 10 Companies in the Hydraulic Cylinder Seal Kits Industry (2025): Market Leaders Ensuring Industrial Reliability - November 26, 2025
- Top 10 Companies in the Eucalyptus Board Market (2025): Industry Leaders Shaping Sustainable Construction - November 26, 2025
- Top 10 Companies in the C C Composite Industry (2024): Market Leaders Shaping Advanced Materials Innovation - November 26, 2025
