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Extruded Polystyrene Market Forecast: Major Developments and Growth Opportunities

The extruded polystyrene market was estimated at USD 6.15 billion in 2022 and is likely to grow at a CAGR of 3.97% during 2023-2028 to reach USD 7.79 billion in 2028.

Extruded polystyrene or XPS, majorly used as a thermal insulator is a rigid foam manufactured from polystyrene extrusions, in the presence of foaming gas.

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