2. Polystyrene Market worth 28.2 Billion USD by 2019
The report “Polystyrene Market by Application
(Packaging, Electronics, Consumer Goods &
Appliances, Construction, and Others) &
Geography - Global Trends & Forecast to 2019”
defines and segments the polystyrene market and
forecast of the market size in terms of value and
volume. The polystyrene market is projected to
reach USD 28.2 Billion by 2019, at a CAGR of 5.1%
between 2014 and 2019.
3. Polystyrene Market worth 28.2 Billion USD by 2019
Browse >>
63 data tables
46 figures
83 pages and in-depth TOC on “Polystyrene Market”
Early buyers will receive 10% customization on this report.
This is a Premium Report Priced at US $5650 for single user.
The polystyrene market and forecast of the market size in terms of value and volume. The
polystyrene market is projected to reach USD 28.2 Billion by 2019, at a CAGR of 5.1%
between 2014 and 2019.
Report Price :
Single User License : US $ 5650
Corporate User License : US $ 8150
4. Polystyrene Market worth 28.2 Billion USD by 2019
The global polystyrene market is projected to reach USD 28.2
Billion by 2019, at a CAGR of 5.1% between 2014 and 2019.
Polystyrene is a versatile plastic that belongs to a group of plastics
called thermoplastic. It is a hard and solid plastic, and is mostly
preferred in food packaging and laboratory ware. It is a vinyl
polymer, with a long hydrocarbon chain structure, wherein a
phenyl group is attached to every other carbon atom. The global
polystyrene market is experiencing a steady growth over the last
few years, mainly due to the ever increasing global population.
One of the major factors propelling the growth of the polystyrene
market is that polystyrene is relatively inexpensive in nature.
5. Polystyrene Market worth 28.2 Billion USD by 2019
The polystyrene market is mainly driven by the increasing rate of
industrialization and globalization, as the demand for polystyrene is
growing across varied industry verticals such as packaging and electrical
& electronics among others. Packaging, construction, and consumer
electronic industries are major consumers for polystyrene. Other factors
influencing its market growth are increasing application of polystyrene
in the manufacturing of rubber and plastic, high production cost of
substitutes, and growth of the plastic & rubber industries in the Asia-
Pacific, South America, and MEA regions. The major restraining factors
of this market is the increasing awareness regarding the negative
impacts of polystyrene, which in turn has led to shift in consumers’
preference towards the consumption of organic products. Recycling of
polystyrene also creates potential growth opportunities for key market
players.
6. Polystyrene Market worth 28.2 Billion USD by 2019
Packaging is the major application of the polystyrene
market, followed by electronics and consumer goods &
appliances. Packaging is the largest application segment
in the polystyrene market, and accounts for more than
one-third share of the global polystyrene market. The
Asia-Pacific region dominated the polystyrene market
for packaging application, followed by North America
and Europe. The electronics application is projected to
witness the highest CAGR of 5.9% between 2014 and
2019.
7. Polystyrene Market worth 28.2 Billion USD by 2019
The report covers the polystyrene market and its trends in four specific
regions, namely, Asia-Pacific, Europe, North America, and South America &
MEA. The market has also been analyzed on the basis of applications, such as
packaging, electronics, consumer goods & appliances, and construction among
others.
Key Players: Leading players in the polystyrene market include Styrolution
Group GMBH (Germany), Total Petrochemicals (Houston), BASF SE (Germany),
Formosa Chemicals & Fiber Corporation (Taiwan), Kumho Petrochemicals Ltd.
(South Korea), Chi Mei Corporation (Taiwan), SABIC (Saudi Arabia), Trinseo
(U.S.), Videolar S/A (Brazil), ACH Foam Technologies, LLC (U.S.), Alpek SAB de
CV (Mexico), and The Dow Chemical Company (U.S.).
Purchase a Copy of this Report Today !