Polystyrene Market to Grow at a CAGR of 4.95% by 2030 | Industry Trends, Size, Share, Demand, Growth Drivers, and Competitive Landscape

Data Bridge Market Research analyses that the polystyrene market which was USD 10.81 billion in 2022, would rocket up to USD 15.91 billion by 2030, and is expected to undergo a CAGR of 4.95% during the forecast period of 2023 to 2030.

Polystyrene is a synthetic polymer derived from styrene monomers and is commonly used in various applications due to its lightweight, insulation properties, and affordability. These products find applications in a wide range of industries, including packaging, construction, electronics, automotive, and consumer goods. Common polystyrene products include packaging materials, disposable food and beverage containers, insulation boards, expanded foam products, and various molded items.

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Some of the major players operating in the Polystyrene market report are INEOS (U.K.), Total (France), Trinseo (U.S.), BASF SE (Germany), SABIC (Saudi Arabia), SIBUR (Russia), HIRSCH Servo AG (Austria), ACH Foam Technologies, Inc. (U.S.), Formosa Chemicals & Fibre Corp (Taiwan), Chi Mei Corporation (Taiwan), KUMHO PETROCHEMICAL (South Korea), Alpek S.A.B. de C.V. (Mexico), Flint Hills Resources (U.S.), Dow (U.S.), Kaneka Corp. (Japan), NOVA Chemicals (Canada), Ravago Americas LLC (U.S.), Arkema (France), Synthos (Poland) among others.

Competitive Landscape and Global Polystyrene Market Share Analysis :

The global polystyrene market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the global polystyrene market.

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