Fantastic foam: Demand for polystyrene foam from key buying industries has risen

Over the five years to 2017, revenue within the Polystyrene Foam Manufacturing industry is expected to increase. As consumers have increased their instances of going out to eat and raised their consumption of manufactured goods, demand for polystyrene foam from key buying industries, such as downstream manufacturers, food service companies and the construction sector, has risen. Furthermore, polystyrene foam product manufacturers have experienced volatile price fluctuations for some of their most essential material inputs and stricter regulations regarding the use of polystyrene-based plastic bags and containers in grocery stores and restaurants...purchase to read more.

Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 12-17
0.5%
Forecast Growth 17-22
Profit
Employment
24,006
Businesses
412

Industry Threats & Opportunities

  • Polystyrene foam product manufacturers have endured volatile raw material costs
  • Many manufacturers have scaled back operations and employed other cost-cutting measures
  • Demand for polystyrene insulation is anticipated to rise only modestly in the next five years
  • Industry Report - Industry Investment Chapter

    The US polystyrene foam manufacturing industry has a medium level of capital intensity. The capital intensity of this industry is determined by the ratio of capital to labor expenditures, as represented by depreciation and wage costs. IBISWorld estimates that for every dollar spent on labor, the industry spends $0.17 on machinery and equipment. This industry is moderately capital intensive due to the chemical processing and machinery needed to produce and mold polystyrene products. Manufacturers essentially convert unused and recycled plastic into low-value (although rather bulky) items through the use of capital-intensive and highly mechanized production line processes...purchase to read more.

    Additional Insights for the Polystyrene Foam Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Polystyrene Foam Manufacturing Industry are

  • Compliance with required product standards
  • Proximity to key markets
  • Development of new products
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Demand from construction in the Polystyrene Foam Manufacturing industry impact industry performance..

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    What's in this report

    What is the Polystyrene Foam Manufacturing Industry?

    This industry produces a wide range of polystyrene foam products that include the following: expanded polystyrene (EPS) for food containers and cups; foam ice chests and other packaging; and insulation goods. The industry’s products are used by a wide range of downstream industries in the construction, manufacturing and hospitality sectors.

    Industry Products
  • Consumer and institutional products
  • Packaging and storing products
  • Building and construction products
  • Transportation products
  • Industry Activities
  • Expanded polystyrene foam product
  • Expanded polystyrene food container
  • Expanded polystyrene foam packaging
  • Expanded polystyrene building insulation
  • Expanded polystyrene insulation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Demand from construction
  • Price of plastic materials and resin
  • World price of crude oil
  • Regulation for the Polystyrene Foam Manufacturing industry

  • Current Performance
  • Volatile buying markets
  • Profit returns
  • Legislative changes
  • Chart: Revenue Growth

  • Industry Outlook
  • Polystyrene demand recovers
  • Raw material costs fall
  • Foam regulation
  • Table: Polystyrene Foam Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Polystyrene Foam Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Beef & Pork Wholesaling
  • Retail Trade
  • Packaging & Labeling Services
  • Commercial Building Construction

  • Key Selling Industries
  • Chemical Product Manufacturing
  • Plastic & Resin Manufacturing

  • Products & Services
  • Consumer and institutional products
  • Packaging and storing products
  • Building and construction products
  • Transportation products
  • Other
  • Chart: Polystyrene Foam Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Demand from food wholesalers and retailers
  • Manufacturing
  • Construction
  • Government regulation

  • Major Markets
  • Retailers and wholesalers
  • Construction
  • Household consumers
  • Other
  • Chart: Major Market Segmentation for the Polystyrene Foam Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesLabor and capitalOther
  • Chart: Cost Structure Benchmarking – Sector vs Polystyrene Foam Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Polystyrene Foam Manufacturing Industry

  • Industry Globalization
    Dart Container Corporation, Reynolds Group Holdings Ltd.,
  • Table: Dart Container Corporation - financial performance
  • Table: Reynolds Group Holdings Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Polystyrene Foam Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Polystyrene Foam Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • consumer spending (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Expanded Polystyrene (Eps)
  • A lightweight packing product made of small polystyrene balls.
  • Polystyrene
  • A widely used plastic polymer that can be molded when heated. It is used in plastic cutlery, CD cases, food packaging and many other products.
  • Styrofoam
  • A trademarked name for DowDuPont Inc.’s polystyrene foam insulation product. Styrofoam is often erroneously associated with EPS food packaging products.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Polystyrene Foam Manufacturing is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Polystyrene Foam Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Polystyrene Foam Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Polystyrene Foam Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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