Polystyrene is a synthetic polymer, made from mono styrene. It is aromatic and can be solid or foamed. Polystyrene is generally hard, clear and brittle. It haslow melting point and poor resistivity to oxygen. Also, it has low cost in terms of resin per unit weight. It is a vinyl polymer that means it has an extended hydrocarbon chain with a phenyl group attached to every carbon atom. It is the most commonly used plastic and finds application in protective packaging, containers, lids, bottles and in the making of models.
The global market for polystyrene has shown tremendous potential especially in developing economies like China, India, Brazil, and Russia amongst others. Since polystyrene is used in a variety of products, the demand is expected to grow at a rapid rate. Packaging, construction, and consumer electronic industries are the major consumers for polystyrene and the growth is expected to remain high with the constant rise in population. Other major regions like North America and Europe are expected to have a constant demand for polystyrene for the next six years. The major applications of polystyrene include packaging, consumer electronics, construction, medical, and home appliances etc. The durability of the product, its range of hardness, flexibility as well as its cost-effectiveness makes it a popular material in a wide range of products.
With the constant technological developments, recycling of polystyrene is also available. The waste generated from the products is not disposed off but converted into other products. All these measures would help abide by the government and environmental regulations, further enhancing the growth of the industry. With growing population in developing economies like India and China, the demand for consumer products and home appliances is bound to increase, which would indirectly trigger the demand for polystyrene.
Global Polystyrene (PS) market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% 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 (PS).
This report researches the worldwide Polystyrene (PS) 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 (PS) 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:
BASF
The DOW Chemicals
Boston Scientific
Axion Polymers
LG Chemical
NOVA Chemicals
Trinseo
Polystyrene (PS) Breakdown Data by Type
EPS
HIPS
SPS
Others
Polystyrene (PS) Breakdown Data by Application
Packaging
Electronics
Consumer Goods & Appliances
Construction
Others
Polystyrene (PS) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Polystyrene (PS) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Polystyrene (PS) capacity, production, value, consumption, status and forecast;
To focus on the key Polystyrene (PS) 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 (PS) :
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.
Summary:
Get latest Market Research Reports on Polystyrene (PS) . Industry analysis & Market Report on Polystyrene (PS) is a syndicated market report, published as Global Polystyrene (PS) Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Polystyrene (PS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.