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General Purpose Polystyrene and Packaging Segment boosts the Polystyrene Market by 2025

 

Polystyrene Market report outlook:

Polystyrene is an economical resin or a hydrocarbon scented polymer used in rigid or foam form. It is a clear, brittle free plastic adapted in many edible and non-edible packaging activities.

Polystyrene’s transparency and strength, also called as white plastic finds its use in laboratory merchandise, medicinal and diagnosing test tubes and other high graded rubber products.

The scope of OG Analysis report is to present Polystyrene Market based on segmentation by Packaging, Electronics, Consumer Goods & Appliances, Construction applications and region wise.

  • North America

  • Europe

  • Asia-Pacific

  • South and Central America

  • ROW

Polystyrene Market size, price & production: 

The Qualitative and Quantitative Polystyrene Market value is estimated to report a year-on-year increase of 5.42% during 2019 over 2018. The demand for increased production of Polystyrene is mainly contributed by developing countries as a result of population thickening.

Polystyrene Market analysis & demand:

The general purpose Polystyrene market is substantially growing because of its wide range of usage in manufacturing toys, cosmetic packs, refrigerator trays and boxes and disposable cutlery.

The ease of moulding by Polystyrene and rigidness makes it dominant material used by manufacturers in China for high standard Cases of CD, DVD, jewellery boxes and medicinal disposable products and as such China is reported to be the largest consumer of Polystyrene in the estimated period.

The Packaging segment is leading the Polystyrene market globally and is expected to grow further followed by Electronics sector applications in North America and Asia-Pacific. Request Sample

Key players:

  • Styrolution Group GMBH

  • SABIC

  • BASF SE

  • Formosa Chemicals & Fibre Corporation

Related Reports

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