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Specialty Polystyrene Resin Market Valued $137.40 million by 2026 | A report by Pacur LLC, Taita Chemical Co. Ltd., Versalis, The EPS-Designer, Styropek, SEKISUI PLASTIC, BASF SE, Nova Chemicals Corporation and others

03-27-2019 11:45 AM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Specialty Polystyrene Resin Market Valued $137.40 million

Specialty polystyrene resin is type of lightweight polymer foam that have high weight-to-strength ratio. They are majorly used as a protection layer in the packaging industry due to its cells not being cross-linked, with its molecular structure composing of individual cells of polystyrene.

Market Analysis:
Global Specialty Polystyrene Resin Market is expected to rise from its initial estimated value of USD 115 million in 2018 growing with a CAGR of 2.25% in the forecast period of 2019-2026, resulting in a projected value of USD 137.40 million by 2026. This projected growth of the market value can be attributed to the environmental friendly and recyclable capabilities of the products.

Get Exclusive Free Sample Report at: https://databridgemarketresearch.com/request-a-sample/?dbmr=global-specialty-polystyrene-resin-market

Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

Key Competitors:
• Total
• Innova
• RING Companies
• Trinseo
• Knauf Insulation
• LG Chem
• Polysource
• Jackon GmbH
• Eastman Chemical Company
• Atlas Roofing Corporation
• Pacur LLC
• Taita Chemical Co. Ltd.
• Versalis
• The EPS-Designer
• Styropek
• SEKISUI PLASTICS CO.LTD.
• BASF SE
• Nova Chemicals Corporation
• Synthos
• StyroChem
• SABIC
• Styrolution

Key Developments in the Market:
• In June 2018, BASFF SE announced the expansion of “Neopor”, their expandable polystyrene containing graphite. This expansion is a result of increased demand for the product from various regions of the world. The expansion is expected to increase by 40,000 metric tons annually at the two production sites in Ludwigshafen, Germany and Ulsan, Korea.
• In September 2016, Synthos announced that they had completed the acquisition of INEOS Styrenics GmbH from INEOS Enterprises. This acquisition will help establish Synthos as a market leader for expandable polystyrene in the European region.

…And More GET DETAILED TOC AT: https://databridgemarketresearch.com/toc/?dbmr=global-specialty-polystyrene-resin-market

Segmentation:
By Function
• Insulation
• Protection
• Cushioning & Others

By Application
• Healthcare
• Building & Construction
• Automotive & Transportation
• Protective Packaging
• Electrical & Electronics
• Others

Competitive Analysis:

Global specialty polystyrene resin market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of specialty polystyrene resin market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Speak To Author: https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-specialty-polystyrene-resin-market

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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