Polystyrene Market
Regions Covered
USA
SEA
Europe
LATAM
Regions Covered
USA
SEA
Europe
LATAM
Currently the PS market is valued at 35.8 Billion USD in 2018.The global PS market is expected to reach 40.41 Billion USD by 2022.The global market is estimated to grow at 3.4 percent during 2015-2022 driven by the steady demand for EPS resin in construction and HIPS /GPPS resin in packaging and electronics sector. China will propel the demand for HIPS/GPPS resin due to the growing demand in the Consumer electronics industry .This sector is expected to grow by 8-10% during the period 2015-2022. The HIPS/GPPS market is driven by healthy demand from the Asian market which is expected to grow by 4-5% CAGR from the period 2017-2022. The EPS market is driven by healthy demand from the Asian market which is expected to grow by 3-4% CAGR from the period 2017-2022 while mature markets like Europe and North America are expected to grow by 2-3% CAGR from the period 2017-2022.
Beroe gathers intelligence through primary sources that include industry experts, researchers and consultants, as well as current suppliers, producers and distributors. Secondary sources can include subscriptions, business journals, newsletters, magazines, market research data, company sources and industry associations. Following data collation, analysis and strategic review, the final report is published.
Want a more detailed personalised report?
Beroe is the World's leading provider of Procurement Intelligence and Supplier compliance solutions. We work with over 10,000 companies worldwide, including 400 of the Fortune 500.
Copyright © 2021 Beroe Inc / Beroe Consulting India Pvt Ltd. | All rights reserved.
