Global Polystyrene (PS) Sales Market Report 2020

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.

Market Analysis and Insights: Global Polystyrene (PS) Market
The global Polystyrene (PS) market size is projected to reach US$ 4388.6 million by 2026, from US$ 3822 million in 2020, at a CAGR of 2.3% during 2021-2026.

Global Polystyrene (PS) Scope and Market Size
The global Polystyrene (PS) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Polystyrene (PS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Polystyrene (PS) market is segmented into
EPS
HIPS
SPS
Others

Segment by Application, the Polystyrene (PS) market is segmented into
Packaging
Electronics
Consumer Goods & Appliances
Construction
Others

The Polystyrene (PS) market is analysed and market size information is provided by regions (countries). Segment by Application, the Polystyrene (PS) market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Polystyrene (PS) Market Share Analysis
Polystyrene (PS) market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Polystyrene (PS) business, the date to enter into the Polystyrene (PS) market, Polystyrene (PS) product introduction, recent developments, etc.

The major vendors covered:
BASF
The DOW Chemicals
Boston Scientific
Axion Polymers
LG Chemical
NOVA Chemicals
Trinseo

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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