Charts & StatsSep 2, 2026

Global Extruded Polystyrene (XPS) market [2015-2023] by South America

By South America, the market is segmented into South America, Argentina, Mexico, Brazil, and Rest of South America (2015-2023)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Extruded Polystyrene (XPS) market [2015-2023] by South America — full underlying data
Label	South America	Argentina	Mexico	Brazil	Rest of South America
2015	189.3 USD Mn	23.8 USD Mn	60.6 USD Mn	76.6 USD Mn	28.3 USD Mn
2016	194.0 USD Mn	24.3 USD Mn	62.3 USD Mn	78.6 USD Mn	28.9 USD Mn
2017	200.0 USD Mn	24.9 USD Mn	64.3 USD Mn	81.1 USD Mn	29.7 USD Mn
2018	205.6 USD Mn	25.4 USD Mn	66.3 USD Mn	83.4 USD Mn	30.5 USD Mn
2019	212.5 USD Mn	26.1 USD Mn	68.6 USD Mn	86.3 USD Mn	31.4 USD Mn
2020	220.1 USD Mn	26.9 USD Mn	71.2 USD Mn	89.4 USD Mn	32.5 USD Mn
2021	228.9 USD Mn	27.8 USD Mn	74.2 USD Mn	93.1 USD Mn	33.7 USD Mn
2022	238.1 USD Mn	28.8 USD Mn	77.4 USD Mn	96.9 USD Mn	35.0 USD Mn
2023	247.8 USD Mn	29.8 USD Mn	80.7 USD Mn	100.9 USD Mn	36.3 USD Mn

Data Source: Wantstats Repository

Market Dynamics

Brazil accounted for the largest market share in 2018 in the South America extruded polystyrene (xps) market, and is expected to reach USD 100.90 Million in 2023 from USD 83.40 Million in 2018. However, Mexico is the fastest growing market, which is expected to grow at a CAGR of 4.14% during the forecast period 2019 - 2023. residential construction segment accounted for the larger market share in 2018, this market is expected to reach USD 135.10 Million in 2023 from USD 112.50 Million in 2018. This market is projected to grow at a CAGR of 3.84% during the forecast period from 2019 - 2023. However, commercial construction segment is the fastest growing market, which is expected to grow at a CAGR of 3.99% during the forecast period 2019 - 2023.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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