Global Polystyrene (PS) Market Research Report 2019-2025 | BASF, The DOW Chemicals, Boston Scientific, Axion Polymers, LG Chemical

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.

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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.
With the constant technological developments, recycling of polystyrene is also available. The waste generated from the products is not disposed off but converted into other products. All these measures would help abide by the government and environmental regulations, further enhancing the growth of the industry. With growing population in developing economies like India and China, the demand for consumer products and home appliances is bound to increase, which would indirectly trigger the demand for polystyrene.?
In 2019, the market size of Polystyrene (PS) is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Polystyrene (PS).

This report studies the global market size of Polystyrene (PS), especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Polystyrene (PS) production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered: BASF, The DOW Chemicals, Boston Scientific, Axion Polymers, LG Chemical, NOVA Chemicals, Trinseo
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Market Segment by Product Type: EPS, HIPS, SPS, Others

Market Segment by Application: Packaging, Electronics, Consumer Goods & Appliances, Construction, Others

Key Regions split in this report: breakdown data for each region.: United States, China, European Union, Rest of World (Japan, Korea, India and Southeast Asia)

The study objectives are:
To analyze and research the Polystyrene (PS) status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Polystyrene (PS) manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

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In this study, the years considered to estimate the market size of Polystyrene (PS) are as follows: History Year: 2014-2018, Base Year: 2018, Estimated Year: 2019, Forecast Year 2019 to 2025

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This release was published on openPR.