Market Overview:
The global special polystyrene resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for special polystyrene resins from various end-use industries, such as protective packaging, building and construction, automotive and transportation, electrical and electronics, healthcare, and others. In terms of type, the protection segment is expected to lead the global special polystyrene resin market during the forecast period. This can be attributed to the increasing demand for protection products from various end-use industries.
Product Definition:
A resin is a material that can be made into objects or products, usually by being molded, cast, or extruded. Special polystyrene resin is used to form protective gear and insulation for electrical wiring. It is also used in making life-saving devices such as flotation devices and rafts.
Protection:
Protection is a process to avoid or reduce the effect of damage or loss in an electronic device. Special polystyrene resin market is expected to grow at a significant rate owing to its increasing demand in electronics and automotive industry.
Insulation:
Insulation is a material that is used to decrease the conductivity of heat between different parts of an item or structure. The most common types of insulation materials are air, rock, fiberglass, and foam. Insulation can be used in various applications such as pipes carrying hot and cold fluids in industrial processes or building structures to reduce the conductive heat transfer from one side to another.
Application Insights:
Building and construction was the largest application segment in 2017, with usage of SPS resins for insulation purposes in electrical and mechanical components. The growth of the building and construction industry is expected to be driven by increasing urbanization, which will lead to an increase in infrastructure development. In addition, growing real estate prices across various regions are further anticipated to boost demand over the forecast period.
The automotive and transportation sector is also projected to witness significant growth on account of rising applications within interior design elements such as dashboards, seating systems, headliners/sofas cushions as well as vehicle interiors including door panels & trim strips among others. The electrical & electronics segment is also estimated to exhibit steady growth over the forecast period owing to properties such as thermal shock resistance along with excellent chemical inertness that helps maintain equipment reliability even after extensive use.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to rapid industrialization and urbanization. The growth in this region is attributed to increasing per capita income, rising population, and expanding middle-class population base. Moreover, supportive government policies are anticipated to boost investments in various industries across Asia Pacific including construction sector; thereby driving product demand.
The market for special polystyrene resin in Europe was valued at USD X million in 2017 as it accounted for approximately 23% of the global revenue that year.
Growth Factors:
- Increasing demand from end-use industries such as construction and automotive
- Rising disposable income of consumers in developing countries
- Technological advancements in manufacturing processes
- Growing awareness about the benefits of special polystyrene resin among consumers
- Stringent environmental regulations governing the use of plastics
Scope Of The Report
Report Attributes
Report Details
Report Title
Special Polystyrene Resin Market Research Report
By Type
Protection, Insulation, Cushioning, Others
By Application
Protective Packaging, Building and Construction, Automotive and Transportation, Electrical and Electronics, Healthcare, Others
By Companies
NOVA Chemicals Corporation, Synthos, BASF SE, SUNPOR KUNSTSTOFF GmbH, Atlas EPS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Special Polystyrene Resin Market Report Segments:
The global Special Polystyrene Resin market is segmented on the basis of:
Types
Protection, Insulation, Cushioning, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Protective Packaging, Building and Construction, Automotive and Transportation, Electrical and Electronics, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NOVA Chemicals Corporation
- Synthos
- BASF SE
- SUNPOR KUNSTSTOFF GmbH
- Atlas EPS
Highlights of The Special Polystyrene Resin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Protection
- Insulation
- Cushioning
- Others
- By Application:
- Protective Packaging
- Building and Construction
- Automotive and Transportation
- Electrical and Electronics
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Special Polystyrene Resin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Special polystyrene resin is a type of plastic that is made from styrene monomer and other additives. It has a high melting point, which makes it ideal for use in products that will be heated, such as cookware and insulation.
Some of the major players in the special polystyrene resin market are NOVA Chemicals Corporation, Synthos, BASF SE, SUNPOR KUNSTSTOFF GmbH, Atlas EPS.
The special polystyrene resin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Special Polystyrene Resin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Special Polystyrene Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Special Polystyrene Resin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Special Polystyrene Resin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Special Polystyrene Resin Market Size & Forecast, 2020-2028
4.5.1 Special Polystyrene Resin Market Size and Y-o-Y Growth
4.5.2 Special Polystyrene Resin Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Protection
5.2.2 Insulation
5.2.3 Cushioning
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Protective Packaging
6.2.2 Building and Construction
6.2.3 Automotive and Transportation
6.2.4 Electrical and Electronics
6.2.5 Healthcare
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Special Polystyrene Resin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Special Polystyrene Resin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Protection
9.6.2 Insulation
9.6.3 Cushioning
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Protective Packaging
9.10.2 Building and Construction
9.10.3 Automotive and Transportation
9.10.4 Electrical and Electronics
9.10.5 Healthcare
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Protection
10.6.2 Insulation
10.6.3 Cushioning
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Protective Packaging
10.10.2 Building and Construction
10.10.3 Automotive and Transportation
10.10.4 Electrical and Electronics
10.10.5 Healthcare
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Protection
11.6.2 Insulation
11.6.3 Cushioning
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Protective Packaging
11.10.2 Building and Construction
11.10.3 Automotive and Transportation
11.10.4 Electrical and Electronics
11.10.5 Healthcare
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Protection
12.6.2 Insulation
12.6.3 Cushioning
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Protective Packaging
12.10.2 Building and Construction
12.10.3 Automotive and Transportation
12.10.4 Electrical and Electronics
12.10.5 Healthcare
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Protection
13.6.2 Insulation
13.6.3 Cushioning
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Protective Packaging
13.10.2 Building and Construction
13.10.3 Automotive and Transportation
13.10.4 Electrical and Electronics
13.10.5 Healthcare
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Special Polystyrene Resin Market: Competitive Dashboard
14.2 Global Special Polystyrene Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NOVA Chemicals Corporation
14.3.2 Synthos
14.3.3 BASF SE
14.3.4 SUNPOR KUNSTSTOFF GmbH
14.3.5 Atlas EPS
