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Global Polystyrene Market 2023 Opportunity Assessment, Production Analysis, Growth Rate And Forecast To 2032 | Major Players Are A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC., Atlas Roofing Corporation
Polystyrene Market
The Business Research Company's Polystyrene Global Market Report 2023 identifies demand for packaged products as the major driver for the Polystyrene Market's growth in the forecast period. As the size of the middle-class grew in these countries, the consumption of processed foods, poultry, meat, and agricultural products increased. According to the World Bank, China's GDP will grow by 2.3 percent in 2020 over 2019.
The global polystyrene market size will grow from $39.67 billion in 2022 to $44.95 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of polystyrene is expected to grow to $71.91 billion in 2027 at a CAGR of 12.5%.
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Major competitors 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.
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https://www.thebusinessresearchcompany.com/report/polystyrene-global-market-report
The Polystyrene Market is segmented -
By Product Type: Expandable Polystyrene (EPS), General-Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS), Extruded Polystyrene (XPS)
By Application: HVAC Insulation, Rigid Packaging, Seating, Flexible Packaging
By End User Industry: Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Polystyrene Market.
The Business Research Company's "Global Polystyrene Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Polystyrene Market Include:
1. Executive Summary
2. Polystyrene Market Characteristics
3. Polystyrene Market - Macro Economic Scenario
4. Polystyrene Market Size And Growth
5. Polystyrene Market Segmentation
……
26. Polystyrene Market Competitive Landscape And Company Profiles
27. Key Mergers And Acquisitions In The Polystyrene Market
28. Polystyrene Market Trends And Strategies
29. Polystyrene Market Future Outlook and Potential Analysis
30. Appendix
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