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Brominated Polystyrene Market is Estimated to Grow at a CAGR of 6.4% within the forecast period of 2023-2030: Cognitive Market Research
Brominated Polystyrene Market is Estimated to Grow at a CAGR of 6.4% within the forecast period of 2023-2030
Brominated polystyrene (BPS) is a bromine-substituted variety of the widely used thermoplastic polymer styrene. Though brominated polystyrene has superior heat and chemical resistance than conventional polystyrene resin, it possesses qualities that are similar to those of polystyrene. Electronic equipment, vehicle parts, and food packaging are a few uses for brominated polystyrene.
Summary:
• As per the study of CMR, The Global Brominated Polystyrene market is estimated to be valued at USD 589.6 million in 2021 and is expected to exhibit a CAGR of 6.4% during the forecast period (2023-2030).
• Asia Pacific is forecasted to dominate the global brominated polystyrene market in terms of revenue share
• Polyethylene Terephthalate is forecasted to dominate the global brominated polystyrene market
• Based on type, the high molecular weight BPS segment is forecasted to dominate the global brominated polystyrene market.
• Increasing adoption of brominated polystyrene (BPS) in the manufacturing of engineering plastics is anticipated to drive the demand for the global brominated polystyrene market
To know more about The Brominated Polystyrene Market statistics click here: https://www.cognitivemarketresearch.com/brominated-polystyrene-market-report
Global Brominated Polystyrene Market Dynamic:
Increasing adoption of brominated polystyrene (BPS) in the manufacturing of engineering plastics is anticipated to drive the demand for the global brominated polystyrene market. In addition, increasing the amount of brominated polystyrene (BPS) used in paints and plastics as a flame retardant drives the demand for the global market.
Furthermore, technological advancement in brominated polystyrene will offer the opportunity for the growth of the market. However, the side effect of brominated polystyrene on the environment and human health may restrain the growth of the global market.
Global Brominated Polystyrene Market Segmentation:
Type:
• Low Weight Brominated Polystyrene
• High Molecular Weight Brominated Polystyrene
Based on type, the high Molecular Weight BPS segment is forecasted to dominate the global brominated polystyrene market. This is attributed to its effective and safe sustainable nature.
Application:
• Polybutylene Terephthalate
• Polyamide
• Polyethylene Terephthalate
• Others
Polyethylene Terephthalate is forecasted to dominate the global brominated polystyrene market, due to its properties such as good moisture barrier, lightweight, and impact-resistant material.
Competitive Analysis of Brominated Polystyrene Market: UPC Group, Chemtura, ICL IP, Eastman, Tosoh, Shandong Runke Chemical, Tianjin Changlu Haijing, Oceanchem Group, Shandong Brother Sci & Tech, Shandong Tianyi Chemicals, Xinfeng Chemical
Get free sample pages of the latest published Brominated Polystyrene Market Report: https://www.cognitivemarketresearch.com/brominated-polystyrene-market-report
Asia Pacific has the highest revenue share in the global brominated polystyrene market
Asia Pacific is forecasted to dominate the global brominated polystyrene market in terms of revenue share. This is attributed to the increasing demand for bromine derivatives in the automotive industry, and water treatment industry in the region. North America region is forecasted to dominate the growth of the global brominated polystyrene market. This is attributed to the rising use of bromine derivatives by the plastic and rubber industries in the country in the region.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Brominated Polystyrene Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Brominated Polystyrene Market Segmentation
1.5.1 Brominated Polystyrene Market Regional Fragmentation
1.5.1 Brominated Polystyrene Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Brominated Polystyrene Market
• 3.1 Global Brominated Polystyrene Market Size 2018 - 2030, (USD Million)
• 3.2 Global Brominated Polystyrene Value, Absolute & Opportunity Analysis
• 3.3 Global Brominated Polystyrene Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Brominated Polystyrene Market Statistics 2022: Snapshot
Chapter 4 Global Brominated Polystyrene Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Brominated Polystyrene Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Brominated Polystyrene Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Brominated Polystyrene Market Regional Analysis
Chapter 12 North America Brominated Polystyrene Market Outlook (2018 - 2030)
Chapter 13 Europe Brominated Polystyrene Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Brominated Polystyrene Market Outlook (2018 - 2030)
Chapter 15 Latin America Brominated Polystyrene Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Brominated Polystyrene Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Brominated Polystyrene Market TOC click here: https://www.cognitivemarketresearch.com/brominated-polystyrene-market-report#table_of_contents
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• Waterborne Epoxy Resins For Coating Market- https://www.cognitivemarketresearch.com/waterborne-epoxy-resins-for-coating-market-report
• Waterborne Epoxy Resins Market- https://www.cognitivemarketresearch.com/waterborne-epoxy-resins-market-report
• Monoethylene Glycol Market- https://www.cognitivemarketresearch.com/monoethylene-glycol-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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