Press release
Polystyrene Market Is Predicted To Witness Substantial Rise In Growth By 2031
The global polystyrene market report by the business research company identifies the demand for packaged goods increased the consumption of polystyrene for their packaging, driving the market. The demand for packaging products has increased recently, particularly in emerging economies such as China and India. As the size of the middle-class grew in these countries, the consumption of processed foods, poultry, meat, and agricultural products increased.The global polystyrene market size is expected to grow from $28.46 billion in 2021 to $30.77 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The global polystyrene market size is expected to grow to $38.49 billion in 2026 at a CAGR of 5.8%.
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Asia Pacific was the largest region in the polypropylene market in 2021. North America was the second-largest region in the global polystyrene market. The regions covered in the global polystyrene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the polystyrene market are A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC, Atlas Roofing Corporation, Austrotherm GmbH, BASF SE, BEWiSynbra Group, Brodr. Sunde as and Chi Mei Corporation.
The global polystyrene market is segmented -
1) By Product Type: Expandable Polystyrene (EPS), General-Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS), Extruded Polystyrene (XPS)
2) By Application: HVAC Insulation, Rigid Packaging, Seating, Flexible Packaging
3) By End User Industry: Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry
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The Polystyrene Market Report Contents Include
1. Executive Summary
2. Polystyrene Market Characteristics
3. Polystyrene Market Trends And Strategies
4. Impact Of Covid-19 On Polystyrene
5. Polystyrene Market Size And Growth
....
26. Africa Polystyrene Market
27. Polystyrene Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polystyrene Market
29. Polystyrene Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the polystyrene market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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