Middle East & Africa Polystyrene Market - Segmented by Product type, Industry and Geography - Trends and Forecasts 2017 - 2022

  • ID: 4390145
  • Report
  • Region: Africa, East Africa, Middle East
  • 143 pages
  • Mordor Intelligence
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Middle East & Africa capacity is scheduled to be expanded by 700,000 tons until 2020. More than 90% of these new capacities will be created in Asia-Pacific.

The author forecasts the focus of polystyrene (PS) demand to continue to shift towards Asia-Pacific, at the expense of saturated industrialized markets in Regional scale Western Europe. Emerging countries, on the other hand, are profiting from a continuous increase of wealth and a moderate population growth. Even though Asia-Pacific is expected to expand its position as worldwide largest consumer, Africa, the Middle East, Eastern Europe and South America are also projected to develop at dynamic growth rates. In the past, capacity utilization of polystyrene plants averaged at only about 75%. This resulted in a, in part, considerable reduction of capacities and restructuring undertaken by manufacturers. Industrialized countries in Western Europe and North America, as well as Japan and South Korea have responded to the excess capacities by reducing production volume and refocusing on growth markets.

The packaging industry in particular consumes a large amount of polystyrene, in the sub segment food packaging in particular. Additionally, polystyrene is often used in the casings of monitors, televisions, printers, and other electrical devices as well as consumer goods. Individual application areas for polystyrene are projected to develop at highly similar growth rates during the upcoming eight years.

Polystyrene are used in an increasing number of markets from packaging, Building & Construction, Electrical & electronics, Consumer Goods, and number of other segments.

Drivers

Development of the worldwide polystyrene (PS) market will continue to be closely linked to the future development of the Middle East & Africa economy. The most important determinants of demand development are: Population growth, urbanization, a change in household structures, and an increasing middle class, in combination with rising private consumption, in emerging countries in particular.

Challenges

Demand for polystyrene will not rise as dynamically as demand for other standard plastics due to a change in technologies and advancing substitution processes.

What the report contains

The report elucidates the situation of Polystyrene (PS) around the world and studies the markets of the Polystyrene product type which include Foams, Composites, Elastomers, Fibers, Films & Sheets and others.

Lastly, the report is divided by countries - Saudi Arabia, South Africa and others; where-in the market share of each region is analyzed and estimates are provided for the next 5 years. The various applications of Polystyrene have been discussed in detail in addition to a comprehensive overview of the market.
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1. Introduction
1.1 Description
1.2 Research Methodology
2. Executive Summary
3. Polystyrene Market
3.1 Overview
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness Porters 5 Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Cost-effectiveness
4.1.2 Growth in end-user industries
4.2 Restraints
4.2.1 Increasing environmental and health concerns
4.3 Opportunities
4.3.1 Innovative Product Approaches by Companies
5. Market Segmentation and Analysis
5.1 By Product type
5.1.1 Foams
5.1.2 Composites
5.1.3 Elastomers
5.1.4 Fibers
5.1.5 Films & Sheets
5.1.6 Others
5.2 By Industry
5.2.1 Packaging
5.2.2 Building & Construction
5.2.3 Electrical & electronics
5.2.4 Consumer Goods
5.2.5 Others
6. MEA Market Analysis (Market size, growth and forecast)
6.1 Saudi Arabia
6.2 South Africa
6.3 Rest of MEA
7. Competitive Landscape
7.1 Mergers & Acquisitions
7.2 Joint Ventures, Collaborations and Agreements
7.3 Market Share Analysis
7.4 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Products & Services, Financials, Recent Developments)
8.1 BASF SE
8.2 Convestro
8.3 The Dow Chemical Co.
8.4 DuPont
8.5 SABIC
8.6 Lanxess AG
8.7 Total S.A.
8.8 Formosa Plastics Group
8.9 Americas Styrenics
8.10 INEOS Styrolution
8.11 Henjiang Chimei Chemical Co., Ltd
8.12 PS Japan Corporation
8.13 Trinseo LLC
8.14 TOTAL Gestion USA
8.15 Ineos Nova LLC
8.16 Total Petrochemicals
8.17 Owens Corning
8.18 Nova Chemicals Corporation

List of Tables

1: MEA Polystyrene (PS) market Revenue, by Type, 2012-2020 ($Million)
2: MEA Polystyrene (PS) market Volume, by Type, 2012-2020 ('000 Metric Tons)
3: MEA Polystyrene (PS) market Revenue, by Industry, 2012-2020 ($Million)
4: MEA Polystyrene (PS) market Volume, by Industry, 2012-2020 ('000 Metric Tons)
5: MEA: Polystyrene (PS) market Revenues, by Country 2012-2020($Million)
6: MEA Polystyrene (PS) market Volumes,by Country 2012-2020('000 metric tons)
7: Saudi Arabia: Polystyrene (PS) market Volume,by Type, 2012-2020 ('000 metric tons)
8: Saudi Arabia: Polystyrene (PS) market Revenue,by Type, 2012-2020 ($Million)
9: Saudi Arabia: Polystyrene (PS) market Volume,by Industry, 2012-2020 ('000 metric tons)
10: Saudi Arabia: Polystyrene (PS) market Revenue,by Industry, 2012-2020 ($Million)
11: South Africa: Polystyrene (PS) market Volume,by Type, 2012-2020 ('000 metric tons)
12: South Africa: Polystyrene (PS) market Revenue,by Type, 2012-2020 ($Million)
13: South Africa: Polystyrene (PS) market Volume,by Industry, 2012-2020 ('000 metric tons)
14: South Africa: Polystyrene (PS) market Revenue,by Industry, 2012-2020 ($Million)
15: Others: Polystyrene (PS) market Volume,by Type, 2012-2020 ('000 metric tons)
16: Others: Polystyrene (PS) market Revenue,by Type, 2012-2020 ($Million)
17: Others: Polystyrene (PS) market Volume,by Industry, 2012-2020 ('000 metric tons)
18: Others: Polystyrene (PS) market Revenue,by Industry, 2012-2020 ($Million)
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