Global Polystyrene (PS) Market Research Report 2020

In this report, the Global Polystyrene (PS) market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Polystyrene (PS) market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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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.

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.

This report focuses on Polystyrene (PS) volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Polystyrene (PS) market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Global Polystyrene (PS) Market: Segment Analysis

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Polystyrene (PS) Market: Regional Analysis

The research report includes a detailed study of regions of North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

Global Polystyrene (PS) Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

Following are the segments covered by the report are:

EPS

HIPS

SPS

Others

By Application:

Packaging

Electronics

Consumer Goods & Appliances

Construction

Others

Key Players:

The Key manufacturers that are operating in the global Polystyrene (PS) market are:

BASF

The DOW Chemicals

Boston Scientific

Axion Polymers

LG Chemical

NOVA Chemicals

Trinseo

Competitive Landscape

The analysts have provided a comprehensive analysis of the competitive landscape of the global Polystyrene (PS) market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.

Browse full research report at https://www.crystalmarketreport.com/global-polystyrene-ps-market-research-report-2020

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