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Polystyrene-Plastic Material And Resins Market Overview-Market Size, Share Report, Top Segments And Largest Region
Polystyrene-Plastic Material And Resins Market
The Business Research Company's Polystyrene-Plastic Material And Resins Global Market Report 2023 identifies demand for packaged products as the major driver for the Polystyrene-Plastic Material And Resins 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 trade economy, the Gross Domestic Product per capita in China was $10430.73 US dollars in 2020.
The polystyrene-plastic material and resins market size has grown rapidly in recent years. It will grow from $45.72 billion in 2023 to $52.15 billion in 2024 at a compound annual growth rate (CAGR) of 14.1%.It will grow to $85.1 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%.
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Major competitors in the Polystyrene-Plastic Material And Resins market are A.Schulman Inc., ACH Foam Technologies Inc., Alpek SAB de CV, Americas Styrenics LLC, Atlas Roofing Corporation, Austrotherm GmbH, BASF SE.
A key trend in the Polystyrene-Plastic Material And Resins market includes major companies operating in the polystyrene-plastic material. For instance, in February 2022, UBQ Materials, an Israel-based cleantech company, partnered with Resirene, to create the first worldwide Polystyrene. Through the partnership with Resirene, UBQ Materials is able to increase the sustainability of its operations by adding climate-friendly thermoplastic into Resirene's polystyrene products. Resirene is a Mexico-based chemical plant. It manufactures polystyrene-plastic material and resins.
Read More On The Global Polystyrene-Plastic Material And Resins Market Report Here:
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The Polystyrene-Plastic Material And Resins 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-Plastic Material And Resins market.
The Business Research Company's "Global Polystyrene-Plastic Material And Resins 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-Plastic Material And Resins Market Include:
1. Executive Summary
2. Polystyrene-Plastic Material And Resins Market Characteristics
3. Polystyrene-Plastic Material And Resins Market Trends And Strategies
4. Polystyrene-Plastic Material And Resins Market - Macro Economic Scenario
5. Global Polystyrene-Plastic Material And Resins Market Size and Growth
…………………
31. Global Polystyrene-Plastic Material And Resins Market Competitive Benchmarking
32. Global Polystyrene-Plastic Material And Resins Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Polystyrene-Plastic Material And Resins Market
34. Polystyrene-Plastic Material And Resins Market Future Outlook and Potential Analysis
35. Appendix
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