Global General Purpose Polystyrene (GPPS) Market Growth 2019-2024

General purpose polystyrene (GPPS) is produced by the polymerization of the monomer styrene, which is a derivative of petroleum. It is classified as a hydrocarbon, due to composed of carbon and hydrogen atoms only.
The global production of general purpose polystyrene increased from 5084.1 K MT in 2010 to 6462.4 K MT in 2014, with an average growth rate of more than 5.73%. Asia is the major manufacturing market in the world. China holds 25.41% of the global production while Asia (except China) holds 23.31% in 2014. This industry is relatively fragmented. INEOS is the world leader, which holds the 14.69% production share in 2014. Trinseo (China) is the China leader in recent years.
Asia is the major consumption market in the world. China holds 23.43% consumption volume in the global in 2014 while Asia (except China) holds 21.56%.
General purpose polystyrene downstream is packaging, electronic appliances and daily consumer products, etc. In recent years, electronic appliances develop rapidly. The demand for eneral purpose polystyrene will correspondingly increase.

According to this study, over the next five years the General Purpose Polystyrene (GPPS) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in General Purpose Polystyrene (GPPS) business, shared in Chapter 3.

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This report presents a comprehensive overview, market shares, and growth opportunities of General Purpose Polystyrene (GPPS) market by product type, application, key manufacturers and key regions and countries.

This study considers the General Purpose Polystyrene (GPPS) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Extrusion molding
Injection molding
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Packaging
Electronic Appliances
Daily Consumer Products
Construction
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
INEOS
Total Petrochemicals
BASF SE
Trinseo
Sabic
PS Japan
Chi Mei Corporation
Polimeri
Supreme Petrochem
Chevron Phillips Chemical
KKPC
E.Styrenics
Formosa Chemicals
Hyundai Engineering
Taita Chemical
LG Chem
Toyo Engineer
VIETNAM Polystyrene
CNPC
SECCO Petrochemical
SINOPEC
BASF-YPC Company
RASTAR Synthetic Material
Hong Kong Petrochemical
Astor Chemical
Founder Commpoities

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
To study and analyze the global General Purpose Polystyrene (GPPS) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of General Purpose Polystyrene (GPPS) market by identifying its various subsegments.
Focuses on the key global General Purpose Polystyrene (GPPS) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the General Purpose Polystyrene (GPPS) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of General Purpose Polystyrene (GPPS) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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