Polystyrene (PS) is defined as a synthetic aromatic hydrocarbon polymer which is composed of the monomer styrene. Polystyrene is considered as versatile plastic which belongs to a group of plastics named as thermoplastic. Polystyrene is available in solid or foamed form, and finds its applications in food packaging and laboratory ware. Other than this, polystyrene is also used in automotive, electronics, pharmaceuticals, consumer, construction and other industrial bases.
MARKET DYNAMICS
The polystyrene (PS) market has witnessed a significant growth owing to factors such as rising demand of polystyrene across several industrial bases. Moreover, continuously change in technology provides a huge market opportunity for the key players operating in the polystyrene (PS) market. However, issues related to disposal of polystyrene material is projected to hamper the overall growth of the polystyrene (PS) market.
MARKET SCOPE
The "Global Polystyrene (PS) Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polystyrene (PS) market with detailed market segmentation by product type, application and geography. The global polystyrene (PS) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polystyrene (PS) market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polystyrene (PS) market is segmented on the basis of product type and application. On the basis of product type, the polystyrene (PS) market is segmented into foams, composites, expanded polystyrene, fibers, films and sheets and others. Based on applications, the global polystyrene (PS) market is divided packaging, electronics, consumer goods and appliances, building and construction and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polystyrene (PS) market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polystyrene (PS) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polystyrene (PS) market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Polystyrene (PS) market in these regions.
MARKET PLAYERS
The reports cover key developments in the polystyrene (PS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The marketpayers fromPolystyrene (PS) market is anticipated to lucrative growth opportunities in the future with the rising demand for polystyrene (PS) in the global market. Below mentioned is the list of few companies engaged in the polystyrene (PS) market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the polystyrene (PS) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alpek SAB DE CV
- Axion Polymers
- BASF SE
- Boston Scientific
- Formosa Plastic Corporation
- LG Chemical
- NOVA Chemicals
- Sabic
- The DOW Chemical Company
- Trinseo
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