Polystyrene Market– Global Industry Trends & Forecast to 2028
- digital geeks
- Nov 23, 2022
- 2 min read
Polystyrene Market to grow at a Significant CAGR of 4.95% in the forecast period of 2021 to 2028
Polystyrene Market Scope and Size
The polystyrene market is segmented on the basis of grade, form and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of grade, the polystyrene market is segmented into general purpose polystyrene (GPPS), high impact polystyrene (HIPS) and expandable polystyrene (EPS), expanded polystyrene (EPS), extruded polystyrene (XPS). Expandable polystyrene (EPS) is further sub segmented into expanded polystyrene (EPS) and extruded polystyrene (XPS).
On the basis of form, the polystyrene market is segmented into foams, films and sheets and others.
On the basis of end user, the polystyrene market is segmented into automotive, packaging, building and construction, electrical and electronics, consumer goods, healthcare and others.
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Market Analysis and Insights - Polystyrene Market
North America dominates the Polystyrene Market because of the increasing gas exploration and production activities, increasing environmental awareness, high penetration of cryogenic insulation in the LNG industry and high energy consumption. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the high consumption of cryogenic insulation and rapid industrialization and urbanization.
Polystyrene Market Country Level Analysis
Asia-Pacific dominates the polystyrene market due to the rise in the development in the building industry. Europe is projected to observe significant amount of growth in the polystyrene market due to the introduction of the rules and guidelines to be accepted by the lightweight goods in the end use sectors.
Key Players Polystyrene Market
Some of the major players operating in the Polystyrene Market are:
INEOS
Total
Trinseo
BASF SE
SABIC
SIBUR
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Polystyrene Market by Product & Procedure type.
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