Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Polystyrene Plastic Market by Type (Solid Plastic, Rigid Foam Material, Other), By Application (Construction, Laboratory Equipment, Food Packaging, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Polystyrene Plastic Market by Type (Solid Plastic, Rigid Foam Material, Other), By Application (Construction, Laboratory Equipment, Food Packaging, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144092 3300 Chemical & Material 377 242 Pages 4.6 (32)
                                          

Market Overview:


The global polystyrene plastic market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polystyrene plastic in construction, laboratory equipment, food packaging, and other applications. Polystyrene plastics are used in a wide range of applications owing to their properties such as durability, light weight, and resistance to corrosion. North America is expected to lead the global polystyrene plastic market during the forecast period followed by Europe and Asia Pacific.


Global Polystyrene Plastic Industry Outlook


Product Definition:


Polystyrene is a type of plastic that is used to make products such as cups, food containers, and packing peanuts. It is important because it is lightweight and can be recycled.


Solid Plastic:


Solid plastic is a type of polymers that exists in the form of resins or synthetic fibers. It can be segmented into two types, namely thermoplastic and thermosetting.


Rigid Foam Material:


Rigid foam material is used in the production of polystyrene plastic. It is a closed-cell, non-Newtonian solid that has high resistance to deformation and can be easily compressed. Rigid foams are produced with the help of chemical reactions between monomers and polymer precursors which create a network structure on account of cross-linking.


Application Insights:


The construction application segment led the global polystyrene plastic market and accounted for more than 25.0% share of the total revenue in 2017. The product is widely used in residential & commercial buildings, bridges, highways, tunnels and other infrastructure projects as well as for packaging materials such as pipes & cables. It is also used to make insulation foams that are required to be installed between the flooring layers of a building structure or an underground structure to prevent heat transfer from one layer to another through conduction and convection radiation.


Polystyrene has excellent impact resistance properties which makes it suitable for use in making body parts such as eyesockets for masks or helmets that are part of protective gear worn by soldiers during military training or wars.


Regional Analysis:


Asia Pacific dominated the global market in terms of revenue with a share of 33.0% in 2017. The region is also anticipated to register the fastest CAGR over the forecast period owing to rapid industrialization and urbanization, coupled with increasing per capita income levels and rising population.


The construction industry is one of the significant sectors driving growth in Asia Pacific as it provides employment to a large number of people across various countries including China, India, Japan, South Korea and Indonesia among others. In addition, growing infrastructural needs across emerging economies such as China and India are expected to fuel demand for building materials including cementitious products which will further propel product consumption over the coming years.


North America accounted for 20th position out of 36 analyzed markets globally in terms of volume consumed during 2017 due mainly to high production levels pertaining mainlyrigid foam material used primarilyin packaging applications followed by solid plastic material used largelyfor construction purposes both onshore & offshore).


Growth Factors:


  • Growing demand from end-use industries such as construction, automotive and packaging is expected to drive the growth of polystyrene plastic market over the forecast period.
  • Rising disposable income coupled with changing lifestyle of consumers is anticipated to boost the demand for polystyrene plastic products in the near future.
  • Increasing use of lightweight and durable plastics in automobiles is projected to propel the growth of global polystyrene plastic market during the forecast period.
  • Stringent government regulations regarding environmental protection are likely to create new opportunities for polystyrene plastic manufacturers in coming years .

Scope Of The Report

Report Attributes

Report Details

Report Title

Polystyrene Plastic Market Research Report

By Type

Solid Plastic, Rigid Foam Material, Other

By Application

Construction, Laboratory Equipment, Food Packaging, Other

By Companies

Covestro, SABIC, Basf, Dow Chemical, Kingfa Sci & Tec, PRET, Guangzhou Keyuan Innovative Materials, Shandong Dawn Polymer, Hefei Huitongxin Material, Zhuzhou Times New Material Technology

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

242

Number of Tables & Figures

170

Customization Available

Yes, the report can be customized as per your need.


Global Polystyrene Plastic Market Report Segments:

The global Polystyrene Plastic market is segmented on the basis of:

Types

Solid Plastic, Rigid Foam Material, Other

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

Construction, Laboratory Equipment, Food Packaging, Other

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:

  1. Covestro
  2. SABIC
  3. Basf
  4. Dow Chemical
  5. Kingfa Sci & Tec
  6. PRET
  7. Guangzhou Keyuan Innovative Materials
  8. Shandong Dawn Polymer
  9. Hefei Huitongxin Material
  10. Zhuzhou Times New Material Technology

Global Polystyrene Plastic Market Overview


Highlights of The Polystyrene Plastic Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Solid Plastic
    2. Rigid Foam Material
    3. Other
  1. By Application:

    1. Construction
    2. Laboratory Equipment
    3. Food Packaging
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Polystyrene Plastic 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

Global Polystyrene Plastic Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Polystyrene plastic is a type of plastic that is made from styrene and other chemicals. It is often used to make products such as food containers, cups, and toys. Polystyrene can be recycled using a process called thermal decomposition, but it can also be harmful if it's burned.

Some of the key players operating in the polystyrene plastic market are Covestro, SABIC, Basf, Dow Chemical, Kingfa Sci & Tec, PRET, Guangzhou Keyuan Innovative Materials, Shandong Dawn Polymer, Hefei Huitongxin Material, Zhuzhou Times New Material Technology.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Polystyrene Plastic Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Polystyrene Plastic Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Polystyrene Plastic Market - Supply Chain
   4.5. Global Polystyrene Plastic Market Forecast
      4.5.1. Polystyrene Plastic Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Polystyrene Plastic Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Polystyrene Plastic Market Absolute $ Opportunity

5. Global Polystyrene Plastic Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Polystyrene Plastic Market Size and Volume Forecast by Type
      5.3.1. Solid Plastic
      5.3.2. Rigid Foam Material
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Polystyrene Plastic Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Polystyrene Plastic Market Size and Volume Forecast by Application
      6.3.1. Construction
      6.3.2. Laboratory Equipment
      6.3.3. Food Packaging
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Polystyrene Plastic Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Polystyrene Plastic Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Polystyrene Plastic Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Polystyrene Plastic Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Polystyrene Plastic Demand Share Forecast, 2019-2026

9. North America Polystyrene Plastic Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Polystyrene Plastic Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Polystyrene Plastic Market Size and Volume Forecast by Application
      9.4.1. Construction
      9.4.2. Laboratory Equipment
      9.4.3. Food Packaging
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Polystyrene Plastic Market Size and Volume Forecast by Type
      9.7.1. Solid Plastic
      9.7.2. Rigid Foam Material
      9.7.3. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Polystyrene Plastic Demand Share Forecast, 2019-2026

10. Latin America Polystyrene Plastic Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Polystyrene Plastic Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Polystyrene Plastic Market Size and Volume Forecast by Application
      10.4.1. Construction
      10.4.2. Laboratory Equipment
      10.4.3. Food Packaging
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Polystyrene Plastic Market Size and Volume Forecast by Type
      10.7.1. Solid Plastic
      10.7.2. Rigid Foam Material
      10.7.3. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Polystyrene Plastic Demand Share Forecast, 2019-2026

11. Europe Polystyrene Plastic Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Polystyrene Plastic Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Polystyrene Plastic Market Size and Volume Forecast by Application
      11.4.1. Construction
      11.4.2. Laboratory Equipment
      11.4.3. Food Packaging
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Polystyrene Plastic Market Size and Volume Forecast by Type
      11.7.1. Solid Plastic
      11.7.2. Rigid Foam Material
      11.7.3. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projection by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Polystyrene Plastic Demand Share, 2019-2026

12. Asia Pacific Polystyrene Plastic Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Polystyrene Plastic Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Polystyrene Plastic Market Size and Volume Forecast by Application
      12.4.1. Construction
      12.4.2. Laboratory Equipment
      12.4.3. Food Packaging
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Polystyrene Plastic Market Size and Volume Forecast by Type
      12.7.1. Solid Plastic
      12.7.2. Rigid Foam Material
      12.7.3. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Polystyrene Plastic Demand Share, 2019-2026

13. Middle East & Africa Polystyrene Plastic Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Polystyrene Plastic Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Polystyrene Plastic Market Size and Volume Forecast by Application
      13.4.1. Construction
      13.4.2. Laboratory Equipment
      13.4.3. Food Packaging
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Polystyrene Plastic Market Size and Volume Forecast by Type
      13.7.1. Solid Plastic
      13.7.2. Rigid Foam Material
      13.7.3. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Polystyrene Plastic Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Polystyrene Plastic Market: Market Share Analysis
   14.2. Polystyrene Plastic Distributors and Customers
   14.3. Polystyrene Plastic Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Covestro
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. SABIC
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Basf
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Dow Chemical
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Kingfa Sci & Tec
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. PRET
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Guangzhou Keyuan Innovative Materials
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Shandong Dawn Polymer
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Hefei Huitongxin Material
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Zhuzhou Times New Material Technology
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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