Molded polystyrene board (EPS board) is the mainstream insulation material for building exterior walls and has broad market development space.

Molded polystyrene board, referred to as EPS board, refers to an insulation board made of expandable polystyrene beads containing volatile liquid foaming agents as raw materials, foamed by heating and then heated and formed in a mold. Compared with similar products, extruded polystyrene boards (XPS boards), molded polystyrene boards have the advantages of stronger thermal insulation, higher flexibility, more stable structure, better air permeability, and stronger adhesion. They are widely used in construction. It is widely used in the fields of exterior wall insulation, building roof insulation, industrial casting, packaging and refrigeration.

Expandable polystyrene (EPS) is the key raw material for molded polystyrene boards. As the world’s major styrene producer, my country has a large number of EPS manufacturers and its total output is constantly increasing. At present, domestic EPS companies mainly include Lishi Chemical, Jiasheng New Materials, etc. In 2022, EPS output has reached 1.725 million tons, a year-on-year increase of 5.3%. The sufficient supply of upstream raw materials has laid a good foundation for the development of the domestic molded polystyrene board industry.

According to “2023-2028 Molded Polystyrene Board (EPS Board) Industry Market In-depth Research and Investment Prospect Forecast Analysis” released by the Industrial Research Center Report” shows that molded polystyrene board is a type of insulation board with excellent performance. At present, with its advantages constantly revealed, it has become the mainstream insulation material in my country’s building exterior wall market, with a market penetration rate of It is gradually improving. In 2022, the domestic molded polystyrene board market size will be close to 100 billion yuan, accounting for 55% of the building insulation materials market. However, molded polystyrene boards also have the disadvantage of poor flame retardancy, making it difficult to meet the application needs of high-rise buildings with high fire protection requirements. In the future, local companies will need to continue to increase product research and development, thereby promoting the continuous expansion of its application fields.

my country’s molded polystyrene board industry started late, with industrial production only beginning in the 1960s. Compared with developed countries, its development lags behind by nearly 30 years. However, through continuous research and development, the localization level of my country’s molded polystyrene board market is gradually improving. At present, many domestic companies have the ability to supply molded polystyrene boards in batches, including Beijing Shouhao New Building Materials, Qingdao Oaks New Building Materials, Guangzhou Fuda Thermal Insulation, Hebei Wuzhou Kaiyuan Environmental Protection, Shanghai Shengkui Plastics, Shenzhen Yizhong Industrial, Changsha Yongheng Building Energy Saving, Weifang Haofeng Insulation Materials, etc.

There are a large number of molded polystyrene board companies in my country, but most of them are small and medium-sized enterprises, and the industry concentration is low. In the future, against the backdrop of continued upgrading of downstream demand, the domestic molded polystyrene board market share will gradually move closer to leading companies, and industry concentration is expected to continue to increase.

Industry analysts said that molded polystyrene boards are a type of insulation material with excellent performance. It has become one of the mainstream insulation materials for building exterior walls. With the rapid development of the downstream construction industry, its market size continues to expand, and the industry development prospects are good. There are a large number of companies in the molded polystyrene board market in my country. In the future, companies with technology, R&D, and scale advantages will occupy more market shares, which will continue to increase industry concentration and optimize the market structure.