Polystyrene Industry Research, Sales, Supply and Consumption 2020 Analysis and Forecasts to 2028

Date

1/8/2020 6:29:54 AM

(MENAFN- iCrowdNewsWire) Jan 8, 2020
Polystyrene Market 2020-2028

Wiseguyreports.Com adds ' Polystyrene Market Market Demand, Challenges, Opportunities, Strategic Analysis of Top Key Players and Forecast to 2028 Report to Its Research Database.

Introduction/Report Summary:

This report provides in depth study of ' Polystyrene Market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Polystyrene Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Styrene is a component that is used in forming polystyrene. It is formed of polymers and has thermo plastic characteristics. Such features enables it to be molded. It is used in daily use products. The reason why it is used in daily products is because of the features such as strength, durability, comfort and safety. It is hard solid plastic which is light in weight. It is cost effective. Use of Polystyrene as an alternative allows to save natural resources such as wood.

As business is becoming global and it involves import and export, polystyrene is widely used for packaging of raw materials and finished goods. Burgeoning demand of goods both in household, commercial and Industrial vertical creates demand for improved packaging of goods. But, emphasis has also been laid on improving the quality of polystyrene so that the same can be recycled. Availability of raw material at low cost is a prime growth driver for the polystyrene market.

Polystyrene is also used to make packaging materials, toys, appliances, garden pots, automobile parts, cycling helmets, etc. It is used as a component in electronic appliances such as refrigerators, air conditioner, oven, microwaves, vacuum cleaners, blenders, etc. In automobiles, it is used to prepare energy absorbing door panels, sound dampening foam and car parts. It is also used in IT Appliance, Television and computers. It is used for food service that allows to keep food fresh for long time. Light weight boats and water crafts can also be prepared from polystyrene.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Polystyrene.

Request for Free Sample Report of 'Polystyrene Market @ https://www.wiseguyreports.com/sample-request/4519415-2013-2028-report-on-global-polystyrene-market-by

Key Players

The report has profiled some of the Important players prevalent in the global like

· INEOS Styrolution	· Toyo Engineer
· Total Petrochemicals	· LG Chem
· Trinseo	· Formosa Chemicals
· Americas Styrenics	· Sinopec
· Sabic	· Chi Mei Corporation
· Supreme Petrochem	· CNPC
· PS Japan	· Yunfeng
· Astor Chemical	· BASF-YPC Company

Market Segmentation:

The global polystyrene market is segmented on the basis of product type and application. On the basis of product type, the global polystyrene market is segmented into Expandable Polystyrene (EPs), General Purpose Polystyrene (GPPs), Extruded Polystyrene (XPs), High Impact Polystyrene (HIPs), and others. On the basis of Application, the polystyrene market is segmented into Rigid Packaging, HVAC Insulation, Seating, Flexible Packaging and others. On the basis of Industrial Vertical, the global polystyrene market is divided into Appliance packaging, Food and Beverage Sector, Cosmetics packaging, medical devices, consumer goods packaging, construction, electronics and others. Use of polystyrene in rigid and flexible packaging allows proper insulation and protection against weather.

Regional Analysis:

The major regions where Polystyrene market is concentrated includes South America, Europe, Asia Pacific, North America, Middle East and Africa. Asia Pacific dominates the market nearly to about 47% owing to high population and demand for packaging in this region. China is the largest consumer of Polystyrene owing to increased production of consumer goods and packaging. The key countries include Germany, Italy, France, UK, Russia, Turkey in Europe; United States, Canada and Mexico in North America; China, Malaysia, Japan, India, Thailand, Philippines, Korea, Indonesia, Australia, Vietnam in Asia Pacific Region; Brazil in South America; GCC Countries, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Egypt in Middle East and Africa.

Market Growth:

The global Polystyrene market was valued at 28,103.36 million USD in 2017. The global Polystyrene market is expected to grow at a CAGR of 4.91 % between the forecast period i.e. 2018 to 2023. The global Polystyrene market is estimated to reach 33 billion USD by 2025.

Key Stakeholders
Polystyrene Market Manufacturers
Polystyrene Market Distributors/Traders/Wholesalers
Polystyrene Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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Major Key Points from Table of Content:

1 Polystyrene Market Overview
2 Polystyrene Market Segment Analysis by Player
…..
7 Profile of Leading Polystyrene Players
7.1 INEOS Styrolution
7.1.1 Company Snapshot
7.1.2 Product/Business Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.1.4 Strategy and SWOT Analysis
7.2 Total Petrochemicals
7.2.1 Company Snapshot
7.2.2 Product/Business Offered
7.2.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2.4 Strategy and SWOT Analysis