Press release
Polystyrene-Plastic Material And Resins Market Size, Share And Growth Analysis Report 2024-2033
The new report published by The Business Research Company, titled Polystyrene-Plastic Material And Resins Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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%. The polystyrene-plastic material and resins market size is expected to see rapid growth in the next few years. It will grow to $85.1 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=7808&type=smp
Rising Middle-Class And Increased Demand For Packaged Goods Fuel Polystyrene Market Growth
The demand for packaged 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. According to the trade economy, the Gross Domestic Product per capita in China was $10430.73 US dollars in 2020. India's Gross Domestic Product (GDP) per Capita reached 1,947.417 USD in March 2021, compared with 2,140.396 USD in March 2020. The increase in per-capita income in these economies resulted in the emerging middle-class purchasing more packaged goods. The demand for packaged goods increased the consumption of polystyrene for their packaging, driving the market.
Expanding Use Of Expanded Polystyrene (EPS) In Construction And Packaging In Developing Countries
The construction and packaging sectors in developing countries are increasingly using Expanded Polystyrene (EPS). EPS provides design and structural cohesion to construction projects and possesses the physical and mechanical properties required for insulation. It is mostly used in the construction sector due to its properties of closed air, low thermal conductivity, low water absorption, lightweight, mechanical resistance, and sound resistance. EPS offers sound weight and volume performances compared to other building materials, making construction simple.
The polystyrene-plastic material and resins market covered in this report 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
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7808&type=discount
Major companies operating in the polystyrene-plastic material and resins market include A.Schulman Inc., ACH Foam Technologies Inc., Alpek SAB de CV, Americas Styrenics LLC, Atlas Roofing Corporation, Austrotherm GmbH, BASF SE, BEWiSynbra Group AB, CHIMEI Corporation, DuPont de Nemours, Inc., Flint Hills Resources LLC, Formosa Chemicals & Fibre Corporation, Formosa Plastic Corporation, HIRSCH Servo AG, INEOS Styrolution Group GmbH, Kaneka Corporation, Knauf Gips KG, Korea Kumho Petrochemical Co. Ltd., LG Chem Ltd., Loyal Group, NexKemia Petrochemicals Inc., NOVA Chemicals Corporation, Owens Corning Inc., Penoplex SPB LLC, Ravago SA, Saudi Arabia's Basic Industries Corporation, Saint-Gobain Isover SA, RTP Company Inc., Colour Image Plastic Compound Sdn Bhd, Cossa Polimeri S.r.L., CRP Technology, Denka Company Limited
Contents of the report:
1. Executive Summary
2. Polystyrene-Plastic Material And Resins Market Report Structure
3. Polystyrene-Plastic Material And Resins Market Trends And Strategies
4. Polystyrene-Plastic Material And Resins Market - Macro Economic Scenario
5. Polystyrene-Plastic Material And Resins Market Size And Growth
…..
27. Polystyrene-Plastic Material And Resins Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/polystyrene-plastic-material-and-resins-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polystyrene-Plastic Material And Resins Market Size, Share And Growth Analysis Report 2024-2033 here
News-ID: 3616714 • Views: …
More Releases from The Business research company

Emerging Trends to Reshape the Vertical Farming Market: Technological Advancemen …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Vertical Farming Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the vertical farming market has seen rapid growth in recent years. Predictions estimate it will increase from $7.74 billion in 2024 to $9.55 billion in 2025. This represents a compound annual growth…

Plant Breeding And CRISPR Plants Market Landscape to 2034: Key Forces Shaping th …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Plant Breeding And CRISPR Plants Market Size By 2025?
In recent years, the market size for plant breeding and CRISPR plants has seen considerable growth. It stands projected to escalate from $13.56 billion in 2024 to a noteworthy $15.5 billion in 2025, boasting a compound…

Soaring Demand Set to Propel Livestock Monitoring Market to $7.14 Billion by 202 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Livestock Monitoring Market Through 2025?
In recent times, there has been a significant increase in the livestock monitoring market size. The market, which stands at $3.48 billion in 2024, is projected to rise to $3.94 billion by 2025, depicting a compound annual…

Emerging Trends to Drive Forestry And Logging Market Growth at 7.9% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Forestry And Logging Market Size Growth Forecast: What to Expect by 2025?
The market size for forestry and logging has seen a substantial growth in the past couple of years. It is expected to increase from $980.05 billion in 2024 to $1055.36 billion in 2025, with a compound annual…
More Releases for Polystyrene
Polystyrene (PS) & Expanded Polystyrene (EPS) Market Sluggish Growth Rate Forese …
The Polystyrene (PS) & Expanded Polystyrene (EPS) Market size is expected to grow at an annual average of CAGR 3% during the forecast period (2024-2031). Polystyrene (PS), a synthetic polymer formed from the monomer styrene, is commonly found in packaging materials, disposable containers, insulation, and various applications. Expanded Polystyrene (EPS), a specific type of polystyrene, undergoes expansion through steam and pressure, creating a lightweight, rigid foam with superior insulation capabilities.…
Polystyrene & Expandable Polystyrene Market is Expected to Reach USD 42.11 Billi …
Transparency Market Research has published a new report titled "Polystyrene & Expandable Polystyrene (EPS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020." According to the report, the global polystyrene & EPS market was valued at USD 30.66 billion in 2013 and is anticipated to reach USD 42.11 billion by 2020, expanding at a CAGR of 4.7% from 2014 to 2020.
View Complete Report @…
Polystyrene (PS) & Expanded Polystyrene (EPS) Market: Facts, Figures and Analyti …
The Polystyrene (PS) & Expanded Polystyrene (EPS) Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
In…
Polystyrene & Expandable Polystyrene (EPS) Market is Expected to Reach USD 42.11 …
Polystyrene is a thermoplastic polymer, synthesized by polymerization of styrene monomer. Raw materials for styrene synthesis include ethylbenzene and benzene. Polystyrene melts when heated above its melting temperature and becomes rigid when allowed to cool. This property proves beneficial in the manufacture of various components in the construction and electronics industry. Polystyrene can be subjected to use extrusion, molding and vacuum forming techniques to manufacture various components. Expandable polystyrene (EPS)…
Polystyrene & Expanded Polystyrene Market 2024 By Product (Polystyrene, Expanded …
According to a new research report by Global Market Insights, Inc. Polystyrene & Expanded Polystyrene Market to set $51.5bn by 2024. The polystyrene & EPS market will be subjected to some restraints in the forecast period. Fluctuating raw materials prices including benzene, styrene monomer, etc. will likely present significant challenge to industry participants. The industry will also bear a threat of disposal and negative scrap value. About 12,000 tons of…
Polystyrene & Expandable Polystyrene (EPS) Market - Analysis by Global Segments …
Transparency Market Research has published a new report titled “Polystyrene & Expandable Polystyrene (EPS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the global polystyrene & EPS market was valued at USD 30.66 billion in 2013 and is anticipated to reach USD 42.11 billion by 2020, expanding at a CAGR of 4.7% from 2014 to 2020.
Get sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3062
Rising…