Reports and Data has added a new market research report titled Global Polystyrene Market Forecast to 2028 to its ever-expanding database. The report spanning over 100 pages is a detailed overview of the market equipped with latest information about product types, application spectrum, revenue share, market growth, revenue growth, market share, market size, and top companies. Insightful data has been collected through extensive primary and secondary research and further validated by industry experts and professionals to offer key insights into statistical data of the market. The statistical data has been organized into tables, charts, diagrams, and other pictorial representations.
The global polystyrene market is expected to reach USD 36.23 Billion by 2028, according to a new report by Reports and Data. Polystyrene is produced by the polymerization of styrene, a building block material having widespread usage in producing various kinds of plastic products.
Blocks made of polystyrene are implemented in the construction of buildings for providing permanent insulation for walls of buildings along with the roofs and floors. The distinctive feature of stacking and then filling the forms with concrete, of these blocks, allow for faster and cheaper construction of buildings (including residential, commercial, and industrial construction projects) as compared to typical brick and mortar buildings. Moreover, the block system aids in saving labor and time consumed in the completion of the project and the total construction costs.
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Key players operating in the market:
BASF SE, Versalis SPA, SABIC, Synthos SA, Kaneka Corporation, The Ravago Group, LG Chem, Formosa Chemicals & Fibers Corp., Ineos Styrolution Group GmbH, and Trinseol, among others.
The report further offers a regional segmentation of the Polystyrene market with regards to production and consumption rate, revenue share, market share, trends, consumer preference, regulatory framework, economic factors, investment and funding opportunities, R&D activities, technological advancements, product launches, import/export, supply and demand ratio, and presence of key players in each region. The report divides the Polystyrene market into 5 key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global Polystyrene market report also offers a country-wise analysis to impart a clear picture of the growth of the Polystyrene market in each region.
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Polystyrene Market segmentation by Product Type:
General Purpose Polystyrene (GPPS)
High Impact Polystyrene (HIPS)
Expanded Polystyrene (EPS)
Polystyrene Market segmentation by Application:
Key Features of the Polystyrene Market Report:
- The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
- Extensive study of key segments and sub-segments of the Polystyrene market
- Evaluation of key current and emerging market trends and growth prospects
- Brief overview of industry with regards to research and development, technological advancements, and product development
- In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
- Analysis of key drivers, restraints, opportunities, growth prospects, limitations, and threats
- Strategic recommendation to key players and new entrants to overcome entry-level barriers in the Polystyrene market over the forecast period
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