Global Polystyrene Market Size-Forecast to 2026
As per the research conducted by GME, the Global Polystyrene Market is estimated to be valued at USD 31.66 billion in 2021 and is projected to reach USD 42.27 billion by 2026 at a CAGR of 5.95%. Soaring demand for environment friendly and compact solutions with extraordinary reliability and enhanced thermal insulation is foreseen to accelerate market expansion over the forecast period.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Polystyrene Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/polystyrene-market-3359
By Type (General Purpose Polystyrene (GPPS), High Impact Polystyrene (HIPS), Expanded Polystyrene (EPS), Extruded Polystyrene (XPS), Others), By Application (Rigid Packaging, Flexible Packaging, Seating, HVAC Insulation, Others), By End-User (Packaging, Electronics, Building & Construction, Consumer Goods & Appliances, Others); Competitive Landscape, Company Market Share Analysis, and Competitor Analysis; By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Company Market Share Analysis & Competitor Analysis.
Key Market Insights
• Increased polystyrene penetration in the electronics and appliances industries is expected to shield the market's expansion.
• EPS' exceptional thermal and mechanical qualities, lead to its predominance in the type of polystyrene segment.
• The HVAC insulation application segment is foreseen to lead because polystyrene is an economically viable solution.
• The packaging end-user segment is likely to predominate because polystyrene is extensively utilized in food, digital devices, retail, and consumer products packaging.
• Regulatory assistance and government guidelines encourage private investment in the polystyrene market of the APAC region.
• Styrolution Group GMBH, Total Petrochemicals, BASF SE, Formosa Chemicals & Fiber Corporation, Kumho Petrochemicals Ltd., Chi Mei Corporation, SABIC, Trinseo, Videolar S/A, Cibapac, Polyoak Packaging Group, Arkema, Synthos, and The Dow Chemical Company, among others, are the key players in the global market.
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Type Outlook (Revenue, USD Billion, 2021-2026)
• General Purpose Polystyrene (GPPS)
• High Impact Polystyrene (HIPS)
• Expanded Polystyrene (EPS)
• Extruded Polystyrene (XPS)
• Others
Application Outlook (Revenue, USD Billion, 2021-2026)
• Rigid Packaging
• Flexible Packaging
• Seating
• HVAC Insulation
• Others
End-User Size Outlook (Revenue, USD Billion, 2021-2026)
• Packaging
• Electronics
• Building & Construction
• Consumer Goods & Appliances
• Others
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
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