Polystyrene is a type of polymer with thermoplastic properties produced from the petroleum-derived monomer, styrene. In solid form, it is a colorless and rigid plastic, but it may also be returned to a liquid state by heating, and used again for molding or extrusion. It is used to produce many products for industrial and consumer use. In fact, its presence as a plastic in everyday life is second only to polyethylene.
For forecast, the global polystyrene industry would keep increasing with annual growth rate with 1~2%, We tend to believe this industry now is close to mature, and the demand increasing degree will show a smooth curve. The building and construction segment will have the strongest growth prospect over the next five years. Extruded polystyrene (XPS) plays a big role in the growth of this market. Demand for XPS insulation from the renovation and insulation segments is expected to remain strong in the coming years.
According to this study, over the next five years the Polystyrene market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 22800 million by 2024, from US$ 19100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Polystyrene business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Polystyrene market by product type, application, key manufacturers and key regions and countries.
This study considers the Polystyrene value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
General Purpose Polystyrene (GPPS)
High Impact Polystyrene (HIPS)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Packaging
Appliances
Consumer Electronics
Construction
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
INEOS Styrolution
Total Petrochemicals
Trinseo
Americas Styrenics
Sabic
Supreme Petrochem
PS Japan
Toyo Engineer
LG Chem
Formosa Chemicals
Sinopec
Chi Mei Corporation
CNPC
Yunfeng
BASF-YPC Company
Astor Chemical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Polystyrene consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Polystyrene market by identifying its various subsegments.
Focuses on the key global Polystyrene manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polystyrene with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Polystyrene submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Polystyrene . Industry analysis & Market Report on Polystyrene is a syndicated market report, published as Global Polystyrene Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Polystyrene market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.