New York, NY -- (SBWIRE) -- 06/13/2019 -- The GCC extruded polystyrene insulation materials market was valued at $80.5 million in 2016, which is expected to grow at a CAGR of 6.0 from 2017 to 2023 to reach $119.9 million by 2023. Extruded polystyrene (XPS) is a polystyrene foam obtained through the extrusion process. XPS systems use air as an insulating material, and form a closely packed structure that exhibits excellent moisture-resistant property. The manufacturing process of XPS includes melting of polystyrene, which is then fed into an extruder along with special additives and blowing agents. Moreover, the efficiency of an insulation XPS system depends on its thickness and installation technique.

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Higher construction spending, increase in popularity of energy-efficient building systems, and surge in demand for insulation against high temperatures from the residential sector drive the insulation XPS market. However, fluctuating prices of raw material and issues regarding presence of toxic chemicals in XPS insulation material systems are expected to hinder the market growth. Nonetheless, manufacture of XPS without the use of fluorochlorohydrocarbons is expected to provide lucrative opportunities for market expansion.

Comprehensive competitive analysis and profiles of the major players included are as follows:

Styro Insulation Material Ind. (LLC)
Isofoam Engineering Products
National Polystyrene Packaging Factory LLC
Emirates Extruded Polystyrene LLC
Electronic & Engineering Industries Co. LLC (EEI)
Styrene Insulation Industry
Thermal Insulation Contracting LLC
BASF SE
Kingspan Holdings Ltd.
Compagnie de Saint-Gobain S.A.

The recent report, GCC Extruded Polystyrene Insulation Materials market fundamentally discovers insights that enable stakeholders, business owners and field marketing executives to make effective investment decisions driven by facts – rather than guesswork. The study aims at listening, analyzing and delivering actionable data on the competitive landscape to meet the unique requirements of the companies and individuals operating in the GCC Extruded Polystyrene Insulation Materials market for the forecast period, 2019 to 2023. To enable firms to understand the GCC Extruded Polystyrene Insulation Materials industry in various ways the report thoroughly assesses the share, size and growth rate of the business worldwide.

The study explores what the future GCC Extruded Polystyrene Insulation Materials market will look like. Most importantly, the research familiarizes product owners with whom the immediate competitors are and what buyers expect and what are the effective business strategies adopted by prominent leaders. To help both established companies and new entrants not only see the disruption but also see opportunities. In-depth exploration of how the industry behaves, including assessment of government bodies, financial organization and other regulatory bodies. Beginning with a macroeconomic outlook, the study drills deep into the sub-categories of the industry and evaluation of the trends influencing the business.

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Global GCC Extruded Polystyrene Insulation Materials Market Analysis by Application

1 Global GCC Extruded Polystyrene Insulation Materials Consumption and Market Share by Application (2012-2019)
2 Global GCC Extruded Polystyrene Insulation Materials Consumption Growth Rate by Application (2012-2019)
3 Market Drivers and Opportunities
3.1 Potential Applications
3.2 Emerging Markets/Countries

The extensive documentation of the GCC Extruded Polystyrene Insulation Materials industry gives access to all the factors expected to influence the growth prospect of the business worldwide. Nobel effort to capture the factors that impede the growth of the market is clearly visible in the report. These factors result in an effective and reliable branding and promotion and marketing plan. In addition, comprehensive coverage of recent advancements, product nearing development stage, project pipeline, and major industrial players offer all the confidence a business owner needs to design a business strategy that will drive company's success.

Understanding what the audience is looking for in a report the researchers behind this attunes deliverables according to their needs such as product price, demand and supply status, end-use, profit and others. By operating in close alignment with the major vendors, the researchers have customized the literature – based on universal perspective as well as comprehensive knowledge of the local business owners. The document further aims at addressing the different challenges and opportunities of carrying out business operations in North America and beyond.

The Research Provides Answers to the Following Key Questions:

- What is the size of occupied by the prominent leaders for the forecast period, 2019 to 2023? What will be the share and the growth rate of the GCC Extruded Polystyrene Insulation Materials Market during the forecast period?
- Which companies are dominating the competitive landscape across different region and what strategies have they applied to gain a competitive edge?
- What are the major factors responsible for the growth of the GCC Extruded Polystyrene Insulation Materials market across the different regions?
- What are the challenges faced by the companies operating in the GCC Extruded Polystyrene Insulation Materials Market?
- What are the future prospects for the GCC Extruded Polystyrene Insulation Materials Market industry in the coming years?
- Which trends are likely to contribute to the development rate of the GCC Extruded Polystyrene Insulation Materials industry during the forecast period, 2019 to 2023?
- What are the future prospects of the GCC Extruded Polystyrene Insulation Materials industry for the forecast period, 2019 to 2023?

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