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Global Polystyrene (PS) Market 2023-2027

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    Report

  • 16 Pages
  • December 2022
  • Region: Global
  • TechNavio
  • ID: 5710061
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The polystyrene (PS) market is forecast to grow by $7591.25 mn during 2022-2027, accelerating at a CAGR of 5.09% during the forecast period. The report on the polystyrene (PS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from the electrical and electronics industry, insulation and cushioning properties, and high durability.

The polystyrene (PS) market is segmented as below:

By Type

  • Expanded polystyrene (EPS)
  • High-impact polystyrene (HIPS)
  • General purpose polystyrene (GPPS)

By End-user

  • Packaging
  • Electronics
  • Construction
  • Others

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the lack of awareness about eco-friendly products as one of the prime reasons driving the polystyrene (PS) market growth during the next few years. Also, increasing demand from the food packaging industry and low weight will lead to sizable demand in the market.

The report on the polystyrene (PS) market covers the following areas:

  • Polystyrene (PS) market sizing
  • Polystyrene (PS) market forecast
  • Polystyrene (PS) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polystyrene (PS) market vendors that include Alpek SAB de CV, Arkema Group, Axion Recycling Ltd., BASF SE, Chimei Corp., DuPont de Nemours Inc., Eni Spa, Formosa Chemicals and Fibre Corp., INEOS Group Holdings SA, Kaneka Corp., Kumho Petrochemical Co Ltd, LG Chem, NOVA Chemicals Corp., PS Japan Corp., Ravago, Saudi Basic Industries Corp., Supreme Petrochem Ltd., TotalEnergies SE, Trinseo PLC, and Videolar Innova SA. Also, the polystyrene (PS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Drivers, Challenges, and Trends
1.1 Market drivers
1.1.1 Technological innovations in COB LEDs
1.1.2 Growing adoption of COB LEDs in smart lighting
1.1.3 Growing demand from the automotive sector
1.2 Market challenges
1.2.1 Development of CSP LEDs
1.2.2 Emergence of quantum boards
1.2.3 High import duties
1.3 Impact of drivers and challenges
1.4 Market trends
1.4.1 Adoption of COB LEDs in horticulture
1.4.2 Development of high-color rendering index (CRI) COB LEDs
1.4.3 Growing interest in human-centric lighting
01: Impact of drivers and challenges

List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on Global polystyrene (PS) market 2017 - 2021 ($ million)
Exhibits 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
Exhibits 20: Historic Market Size - End user Segment 2017 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Type - Market share 2022-2027 (%)
Exhibits 31: Data Table on Type - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Type
Exhibits 33: Data Table on Comparison by Type
Exhibits 34: Chart on Expanded polystyrene (EPS) - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on Expanded polystyrene (EPS) - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on Expanded polystyrene (EPS) - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Expanded polystyrene (EPS) - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on High impact polystyrene (HIPS) - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on High impact polystyrene (HIPS) - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on High impact polystyrene (HIPS) - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on High impact polystyrene (HIPS) - Year-over-year growth 2022-2027 (%)
Exhibits 42: Chart on General purpose polystyrene (GPPS) - Market size and forecast 2022-2027 ($ million)
Exhibits 43: Data Table on General purpose polystyrene (GPPS) - Market size and forecast 2022-2027 ($ million)
Exhibits 44: Chart on General purpose polystyrene (GPPS) - Year-over-year growth 2022-2027 (%)
Exhibits 45: Data Table on General purpose polystyrene (GPPS) - Year-over-year growth 2022-2027 (%)
Exhibits 46: Market opportunity by Type ($ million)
Exhibits 47: Chart on End-user - Market share 2022-2027 (%)
Exhibits 48: Data Table on End-user - Market share 2022-2027 (%)
Exhibits 49: Chart on Comparison by End-user
Exhibits 50: Data Table on Comparison by End-user
Exhibits 51: Chart on Packaging - Market size and forecast 2022-2027 ($ million)
Exhibits 52: Data Table on Packaging - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Chart on Packaging - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on Packaging - Year-over-year growth 2022-2027 (%)
Exhibits 55: Chart on Electronics - Market size and forecast 2022-2027 ($ million)
Exhibits 56: Data Table on Electronics - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Chart on Electronics - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on Electronics - Year-over-year growth 2022-2027 (%)
Exhibits 59: Chart on Construction - Market size and forecast 2022-2027 ($ million)
Exhibits 60: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
Exhibits 61: Chart on Construction - Year-over-year growth 2022-2027 (%)
Exhibits 62: Data Table on Construction - Year-over-year growth 2022-2027 (%)
Exhibits 63: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 64: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 65: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibits 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibits 67: Market opportunity by End-user ($ million)
Exhibits 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 69: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 70: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibits 71: Chart on Geographic comparison
Exhibits 72: Data Table on Geographic comparison
Exhibits 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 79: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 93: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 96: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 97: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 99: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 100: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 105: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibits 106: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibits 107: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibits 108: Data Table on France - Year-over-year growth 2022-2027 (%)
Exhibits 109: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 110: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibits 111: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibits 112: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibits 113: Market opportunity By Geographical Landscape ($ million)
Exhibits 114: Impact of drivers and challenges in 2022 and 2027
Exhibits 115: Overview on Criticality of inputs and Factors of differentiation
Exhibits 116: Overview on factors of disruption
Exhibits 117: Impact of key risks on business
Exhibits 118: Vendors covered
Exhibits 119: Matrix on vendor position and classification
Exhibits 120: Alpek SAB de CV - Overview
Exhibits 121: Alpek SAB de CV - Business segments
Exhibits 122: Alpek SAB de CV - Key offerings
Exhibits 123: Alpek SAB de CV - Segment focus
Exhibits 124: BASF SE - Overview
Exhibits 125: BASF SE - Business segments
Exhibits 126: BASF SE - Key news
Exhibits 127: BASF SE - Key offerings
Exhibits 128: BASF SE - Segment focus
Exhibits 129: Chimei Corp. - Overview
Exhibits 130: Chimei Corp. - Product/Service
Exhibits 131: Chimei Corp. - Key offerings
Exhibits 132: DuPont de Nemours Inc. - Overview
Exhibits 133: DuPont de Nemours Inc. - Business segments
Exhibits 134: DuPont de Nemours Inc. - Key news
Exhibits 135: DuPont de Nemours Inc. - Key offerings
Exhibits 136: DuPont de Nemours Inc. - Segment focus
Exhibits 137: Formosa Chemicals and Fibre Corp. - Overview
Exhibits 138: Formosa Chemicals and Fibre Corp. - Product/Service
Exhibits 139: Formosa Chemicals and Fibre Corp. - Key offerings
Exhibits 140: INEOS Group Holdings SA - Overview
Exhibits 141: INEOS Group Holdings SA - Business segments
Exhibits 142: INEOS Group Holdings SA - Key news
Exhibits 143: INEOS Group Holdings SA - Key offerings
Exhibits 144: INEOS Group Holdings SA - Segment focus
Exhibits 145: Kaneka Corp. - Overview
Exhibits 146: Kaneka Corp. - Business segments
Exhibits 147: Kaneka Corp. - Key offerings
Exhibits 148: Kaneka Corp. - Segment focus
Exhibits 149: Kumho Petrochemical Co Ltd - Overview
Exhibits 150: Kumho Petrochemical Co Ltd - Product/Service
Exhibits 151: Kumho Petrochemical Co Ltd - Key news
Exhibits 152: Kumho Petrochemical Co Ltd - Key offerings
Exhibits 153: LG Chem - Overview
Exhibits 154: LG Chem - Business segments
Exhibits 155: LG Chem - Key news
Exhibits 156: LG Chem - Key offerings
Exhibits 157: LG Chem - Segment focus
Exhibits 158: NOVA Chemicals Corp. - Overview
Exhibits 159: NOVA Chemicals Corp. - Product/Service
Exhibits 160: NOVA Chemicals Corp. - Key offerings
Exhibits 161: Ravago - Overview
Exhibits 162: Ravago - Product/Service
Exhibits 163: Ravago - Key offerings
Exhibits 164: Saudi Basic Industries Corp. - Overview
Exhibits 165: Saudi Basic Industries Corp. - Business segments
Exhibits 166: Saudi Basic Industries Corp. - Key offerings
Exhibits 167: Saudi Basic Industries Corp. - Segment focus
Exhibits 168: TotalEnergies SE - Overview
Exhibits 169: TotalEnergies SE - Business segments
Exhibits 170: TotalEnergies SE - Key news
Exhibits 171: TotalEnergies SE - Key offerings
Exhibits 172: TotalEnergies SE - Segment focus
Exhibits 173: Trinseo PLC - Overview
Exhibits 174: Trinseo PLC - Business segments
Exhibits 175: Trinseo PLC - Key news
Exhibits 176: Trinseo PLC - Key offerings
Exhibits 177: Trinseo PLC - Segment focus
Exhibits 178: Videolar Innova SA - Overview
Exhibits 179: Videolar Innova SA - Product/Service
Exhibits 180: Videolar Innova SA - Key offerings
Exhibits 181: Inclusions checklist
Exhibits 182: Exclusions checklist
Exhibits 183: Currency conversion rates for US$
Exhibits 184: Research methodology
Exhibits 185: Validation techniques employed for market sizing
Exhibits 186: Information sources
Exhibits 187: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global polystyrene (ps) market: Alpek SAB de CV, Arkema Group, Axion Recycling Ltd., BASF SE, Chimei Corp., DuPont de Nemours Inc., Eni Spa, Formosa Chemicals and Fibre Corp., INEOS Group Holdings SA, Kaneka Corp., Kumho Petrochemical Co Ltd, LG Chem, NOVA Chemicals Corp., PS Japan Corp., Ravago, Saudi Basic Industries Corp., Supreme Petrochem Ltd., TotalEnergies SE, Trinseo PLC, and Videolar Innova SA.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is lack of awareness about eco-friendly products.`

According to the report, one of the major drivers for this market is the increasing demand from the electrical and electronics industry.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alpek SAB de CV
  • Arkema Group
  • Axion Recycling Ltd.
  • BASF SE
  • Chimei Corp.
  • DuPont de Nemours Inc.
  • Eni Spa
  • Formosa Chemicals and Fibre Corp.
  • INEOS Group Holdings SA
  • Kaneka Corp.
  • Kumho Petrochemical Co Ltd
  • LG Chem
  • NOVA Chemicals Corp.
  • PS Japan Corp.
  • Ravago
  • Saudi Basic Industries Corp.
  • Supreme Petrochem Ltd.
  • TotalEnergies SE
  • Trinseo PLC
  • Videolar Innova SA