Plastics Industry News
繁體 | 简体
Technology
Applications
MAAG PUMP SYSTEMS AG
Main > Daily Market News > Article Content
| Print | Submit Article |
Last Page | More | Next Page
Keywords of this article:  packaging 
To contact the supplier/company mentioned in this article, please email to:
mediaoperation@adsale.com.hk
More suppliers
Close

The tragic fire catastrophe of the Grenfell Tower in London directed the public attention towards building envelopes. The discussion concerning the safety of facades and insulation material is a challenge especially for manufacturers of expanded polystyrene (EPS), according to market research company Ceresana.

"Expandable polystyrene is mainly used by the construction industry for thermal or sound insulation," said Ceresana CEO Oliver Kutsch. Worldwide, about 6.7 million tons of EPS were consumed in 2016.

EPS is also used for helmets and life jackets, beverage cups, packaging, casting molds, and numerous other products – however, construction products currently account for almost 59% of the EPS market.

In the past years, this sector profited from efforts concerning climate protection and public support measures to increase energy efficiency especially in Europe, the report said. All around the world EPS-based products are used in the construction of new residential buildings and in the refurbishment of old buildings.

Besides fire safety, questions arise regarding the use of possibly unhealthy additives and the environmentally friendly disposal of the practical material after use. For example, glass and stone wool but also insulation material based on renewable resources competes with EPS.

According to Ceresana's study, Asia Pacific accounted for 56% of the global demand in 2016. Due to above-average growth rates, the company expects demand for EPS in this region to increase to over 5 million tons.

The development of the Chinese construction sector slowed down considerably, however, demand for packaging is constant. Packaging, e.g. for transportation of fresh fish or electronic devices, accounted for more than one third of EPS demand worldwide.

In Asia Pacific and American countries in particular, EPS products are accounting for a significant share of total demand. Per capita consumption of packaging and other EPS products is still rising especially in emerging and developing countries.

Related Articles  
Global demand for rigid plastic packaging ...
Global demand for plastic additives rose 5.7%
Silicone market to increase by 3.9% p.a.
A wealth of advanced technologies for hot ...
AkzoNobel and partners work on energy harv...
JEC World 2019 concluded with the particip...
Related Supplier
HOFFMANN MINERAL GMBH
We are collecting readers' comment for improving our website. If you are willing to help, please CLICK HERE to complete a survey. Your comments matter.
Write a mail to the editor
Copyright © Adsale Publishing Limited. Any party needs to reprint any part of the content should get the written approval from Adsale Publishing Ltd and quote the source "China Plastic & Rubber Journal (CPRJ)", Adsale Plastics Website - www.AdsaleCPRJ.com. We reserve the right to take legal action against any party who reprints any part of this article without acknowledgement. For enquiry, please contact Editorial Department.  [Want to use this report?]
Name
Company Name
Job title
Email (will not be published)
Comment
Recent Comment
Legal Statement | Privacy Policy
Remarks: Publication of the comments is at editor's discretion.
Register a New Member
上海ABB工程有限公司
COPERION GMBH
DAVIS-STANDARD, LLC
阿科玛(中国)投资有限公司上海分公司
日钢注塑机維修(深圳)有限公司
莱斯特瑞兹机械(太仓)有限公司
东华机械有限公司
泰瑞机器股份有限公司
东莞市思为客自动化科技股份有限公司
艾尔发集团
海天塑机集团有限公司
Pack conf
广东伊之密精密机械股份有限公司
裕克施乐塑料制品(太仓)有限公司
3C conf
HOSOKAWA ALPINE AG ABT. FVF
富强鑫精密工业股份有限公司
信易电热机械股份有限公司

Supplier Highlights
WITTE PUMPS & TECHNOLOGY GMBH