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.
Global Polystyrene market size will increase to 23500 Million US$ by 2025, from 19100 Million US$ in 2018, at a CAGR of 2.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Polystyrene.
This report researches the worldwide Polystyrene market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Polystyrene breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Chi Mei Corporation
Polystyrene Breakdown Data by Type
General Purpose Polystyrene (GPPS)
High Impact Polystyrene (HIPS)
Polystyrene Breakdown Data by Application
Polystyrene Production Breakdown Data by Region
Polystyrene Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Polystyrene capacity, production, value, consumption, status and forecast;
To focus on the key Polystyrene manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.
In this study, the years considered to estimate the market size of Polystyrene :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.