Sep 14, 2017   SOURCE: BusinessWire

Global Polystyrene Market - Market Size, Demand Forecasts, Industry Trends & Updates (2016-2022) - Research and Markets

The "Global Polystyrene Market - By Application, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.

The global polystyrene market was valued at USD 23.91 billion in 2016 and is estimated to grow at a CAGR of 5.38% reaching USD 32.74 billion by 2022.

Large amounts of Polystyrene is consumed in food packaging industry and this industry accounts for more than one-third of global polystyrene market. It is also utilized to develop consumer products, create sterile disposable cutlery and to insulate buildings. Expanded Polystyrene(EPS) is used in energy conservation in creation of green built spaces to improve energy efficiency.

Increasing rates of industrialization and globalization, growing building & construction and packaging industries, growing demand for polystyrene in electrical & electronic appliances, change in household structures and increasing disposable incomes in emerging countries are some of the drivers that are propelling global polystyrene market. On the other hand demand for polystyrene may not rise as dynamically as demand for other standard plastics due to the advent and availability of advanced substitutes and change in technology.

More than 80% of the new capacities will be created in Asia-Pacific due to the saturated industrialized North America and Western Europe.

Companies Mentioned

  • BASF SE
  • The DOW Chemicals
  • Boston Scientific
  • SABIC
  • Total Petrochemicals
  • Formosa Chemicals & Fibre Corporation
  • Styrolution Group GmbH
  • Videolar S/A
  • Alpek SAB DE CV
  • ACH Foam Technologies Llc
  • Kumho Petrochemicals Ltd
  • CHI MEI Corporation

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Polystyrene market Segmentation, Forecasts and Trends - By Revenue

6. By Application

7. By Region

8. Vendor Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Global Polystyrene Market- Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/8w2dhs/global