Report

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Expert Market Research Thumbnail Image

Global Polystyrene Market: By Applications: Packaging and One-Time Use, Consumer and Institutional, Electrical and Electronic, Building and Construction, Resellers and Others; By Region: North America, Europe, Asia Pacific, Latin America, Middle East and Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); Global Polystyrene Price Analysis; Global Polystyrene Trade Data Analysis (HS Code: 390319); SWOT Analysis; Porter’s Five Forces Analysis; Value Chain Analysis; Procurement Strategy; Cost Analysis and Project Economics; Competitive Landscape & Supplier Analysis; Events and Developments

Global Polystyrene Market Key Insights:

 

  • Applications: Packaging and One-Time Use, Consumer and Institutional, Electrical and Electronic, Building and Construction, Resellers and Others
  • Market Analysis and Outlook 2020-2025
  • Price Trends
  • Market Performance
  • Breakup by Region
  • Cost Analysis
  • Competitive Landscape
  • Value Chain Analysis
  • Mergers and Acquisitions

 

Market Outlook

The global polystyrene market is being driven by the rising demand for the product. The global demand for the product reached nearly 18.6 million metric tons in 2019. The demand for the product is further expected to grow at a CAGR of 1.9% between 2020 and 2025 to reach a volume of 20.8 million metric tons by 2025. The major supply markets include North America, the European Union, and the Asia Pacific region. The polystyrene market is significantly supported by the construction as well as the electronics industry.

Global Polystyrene Market Report and Forecast 2020-2025

Get a Free Sample Report with Table of Contents - Download Now

The Asia Pacific region is a major regional polystyrene market. Currently, the Asia Pacific region contributes significantly to the total trade market of the material. While the import and export of high impact polystyrene (HIPS) and general-purpose polystyrene (GPPS) is balanced in the region, the Asia Pacific is a net exporter of expanded polystyrene (EPS) resin. The global production capacity for polystyrene, specifically high impact polystyrene, and GPPS is estimated to be about 14 million metric tons, with Asia accounting for about half of the total capacity. The global production capacity for expanded polystyrene (EPS) is estimated to be around 12 million metric tons, with the Asia Pacific accounting for about three-fourth of the total global capacity. The consumers in North America are expected to look to the Asia Pacific region to cater to their future requirements. China is one of the largest importers of HIPS and GPPS because of the increasing application of the substance in the consumer electronics industry.

The market for EPS is supported by the firm demand from the Asian market, which is expected to grow further in the coming years, while mature markets, like Europe and North America, are expected to grow slower than Asia. The United States is one of the net importers of high impact polystyrene (HIPS), general-purpose polystyrene (GPPS) and expanded polystyrene (EPS). With the rising demand for expanded polystyrene, Europe might depend on imports from regions like Korea and India. Turkey is the largest export market within Europe, accounting for nearly half of the total exports in Europe. The expanded polystyrene industry has been among the fastest-growing polystyrene markets, owing to the high demand from the construction sector. The industry is majorly impacted by the construction industry, which is growing at a rapid rate. The construction sector in the Asia Pacific region is likely to develop faster as compared to Europe and North America, thus, driving the demand for polystyrene within the sector.

Properties and Applications

Polystyrene is a flexible plastic used in the production of a wide range of consumer products. It is often used as a rigid, solid plastic in items requiring clarity such as food packaging and laboratory products. Polystyrene is used to produce appliances, computers, automotive parts, toys, gardening pots and equipment, and more when mixed with various colours, chemicals, or other plastics.

It has wide applications in the following segments:

  • Packaging and One-Time Use
  • Consumer and Institutional
  • Electrical and Electronic
  • Building and Construction
  • Resellers and Others

The report also covers the regional markets of the product like North America, Europe, the Middle East and Africa, the Asia Pacific, and Latin America.

Market Analysis

The polystyrene market is significantly driven by downstream users like the construction industry and electronics industry. The increasing application of expanded polystyrene for insulation and construction purposes is propelling the polystyrene market growth further. The construction industry is rapidly growing and is positively affecting the polystyrene industry. The expanded polystyrene market has been one of the fastest-growing styrene markets, due to high demand from the infrastructure and construction sector.

The rising use of high impact polystyrene and general-purpose polystyrene in consumer electronic devices is supporting the growth of the industry. The high impact polystyrene and general-purpose polystyrene market are supported by the demand from the Asian market. The segment is also growing due to its extensive use for insulation purposes as it has to compete only with cotton wool in this segment.  the consumer electronics sector has a consumption rate of around 20% of the material and is aided by the electric and electronic appliances market.

Competitive Landscape

February 2019- Ineos Styrolution completed its acquisition Total S.A.’s China polystyrene business, which includes the purchase of Ningbo and Foshan production sites.

The report gives a detailed analysis of the following key players in the global polystyrene market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • INEOS Styrolution Group GmbH
  • Total S.A. (NYSE: TOT)
  • Americas Styrenic
  • Chi Mei Corporation
  • PS Japan Corporation
  • Shanghai SECCO Petrochemical Company Limited
  • Versalis S.p.A
  • Supreme Petrochem Ltd
  • Trinseo S.A.
  • Others

The comprehensive EMR report provides an in-depth assessment of the polystyrene market based on Porter's five forces model along with giving a SWOT analysis.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Polystyrene Market Analysis
    6.1    Figure: Global Polystyrene Historical Market (2015-2019) & Forecast (2020-2025)
    6.2    Chart: Global Polystyrene Market Breakup by Application
        6.2.1    Packaging and One-Time Use
        6.2.2    Consumer and Institutional
        6.2.3    Electrical and Electronic
        6.2.4    Building and Construction
        6.2.5    Resellers and Others
    6.3    Figure: Global Polystyrene Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
        6.3.1    Packaging and One-Time Use
        6.3.2    Consumer and Institutional
        6.3.3    Electrical and Electronic
        6.3.4    Building and Construction
        6.3.5    Resellers and Others
    6.4    Chart: Global Polystyrene Market Breakup by Region
        6.4.1    North America
            6.4.1.1    United States of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    Germany
            6.4.2.2    United Kingdom
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Mexico
            6.4.4.4    Others
        6.4.5    Middle East & Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Figure: Global Polystyrene Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
        6.5.1    North America
            6.5.1.1    United States of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    Germany
            6.5.2.2    United Kingdom
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Argentina
            6.5.4.3    Mexico
            6.5.4.4    Others
        6.5.5    Middle East & Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    Global Polystyrene Price Analysis
    7.1    North America Polystyrene Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.2    Europe Polystyrene Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.3    Asia Pacific Polystyrene Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.4    Latin America Polystyrene Historical Price Trend (2015-2019) and Forecast (2020-2025)
    7.5    Middle East and Africa Polystyrene Historical Price Trend (2015-2019) and Forecast (2020-2025)
8    Global Polystyrene Trade Analysis (HS Code: 390319)
    8.1    Major Exporting Countries: By Value and Volume
    8.2    Major Importing Countries: By Value and Volume
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Porter’s Five Forces Analysis
    10.1    Overview
    10.2    Buyer’s Power
    10.3    Supplier’s Power
    10.4    New Entrants
    10.5    Degree of Rivalry
    10.6    Substitutes
11    Value Chain Analysis
12    EMR’s Key Indicators for Demand
13    EMR’s Key Indicators for Price
14    Procurement Strategy

    14.1    Engagement Methods
    14.2    Pros and Cons
15    Cost Analysis 
    15.1    Cost of Raw Material
    15.2    Utilities
    15.3    Manpower
    15.4    Other Cost
16    Competitive Landscape & Supplier Analysis
    16.1    INEOS Styrolution Group GmbH
        16.1.1    Company Overview
        16.1.2    Financial Analysis
    16.2    Total S.A.
        16.2.1    Company Overview
        16.2.2    Financial Analysis
    16.3    Americas Styrenic
        16.3.1    Company Overview
        16.3.2    Financial Analysis
    16.4    Chi Mei Corporation
        16.4.1    Company Overview
        16.4.2    Financial Analysis
    16.5    PS Japan Corporation
        16.5.1    Company Overview
        16.5.2    Financial Analysis
    16.6    Shanghai SECCO Petrochemical Company Limited
        16.6.1    Company Overview
        16.6.2    Financial Analysis
    16.7    Versalis S.p.A
        16.7.1    Company Overview
        16.7.2    Financial Analysis
    16.8    Supreme Petrochem Ltd
        16.8.1    Company Overview
        16.8.2    Financial Analysis
    16.9    Trinseo S.A.
        16.9.1    Company Overview
        16.9.2    Financial Analysis
    16.10    Others
17    Events and Developments

Additional Customisations Available:

18    Manufacturing Process
    18.1    Detailed Process Flow
    18.2    Operations Involved
    18.3    Mass Balance
19    Production Cost Analysis and Project Economics
    19.1    Land, Location and Site Development
    19.2    Construction
    19.3    Plant Machinery
    19.4    Cost of Raw Material
    19.5    Packaging
    19.6    Transportation
    19.7    Utilities
    19.8    Manpower
    19.9    Other Capital Investment

The global polystyrene market attained a demand volume of almost 18.6 million metric tons in 2019. It is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 1.9%. The polystyrene market is projected to reach 20.8 million metric tons by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of application, the industry is segmented into packaging and one-time use, consumer and institutional, electrical and electronic, building and construction, and resellers and others. The major regional polystyrene markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America, the European Union, and the Asia Pacific being the major supply markets. The key players in the industry include INEOS Styrolution Group GmbH, Total S.A., Americas Styrenic, Chi Mei Corporation, PS Japan Corporation, Shanghai SECCO Petrochemical Company Limited, Versalis S.p.A, Supreme Petrochem Ltd, and Trinseo S.A., among others.

The major drivers of the industry such as rising disposable incomes, increasing population, and growing electronics and construction industries are expected to aid the polystyrene market growth. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.

EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected market conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:

  • How has the global polystyrene market performed in the previous years (2015-2019)?
  • What is the forecast assessment of the polystyrene market for 2020-2025?
  • What are the major polystyrene market drivers and constraints?
  • What are the major price and demand indicators of the global polystyrene market?
  • What are the price trends of the product in the global industry?
  • Who are the key players in the global polystyrene market?
  • What is the degree of competition in the global polystyrene market?
  • What are the import and export trends in the global polystyrene market?
  • Who are the top importers and exporters of the product in the global industry?

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

Purchase Full Report

  • Single User License
  • $2999
  • Restricted to one user
  • One print only
  • Available in PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now
  • Five User License
  • $3999
  • Restricted to five users
  • One print per user
  • Available in PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now
  • Corporate License
  • $4999
  • Unlimited users within organisation
  • No limit on prints
  • Available in PPT and PDF
  • Free limited customisation (pre sales)
  • Post sales analyst support
  • Free report update (Within 180 Days)
  • Buy Now

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
Global Poly-Vent Market Report and Forecast 2020-2025

Poly-vents refer to the membrane composed of polymer materials that can be polypropylene with enhanced perforated glass fibre or ePTFE (Polytetrafluoroethylene). The materials used for poly-vents shou...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Polymer Binder Market Report and Forecast 2020-2025

Polymer binder refer to valuable building and coating raw materials. They are mainly used to repair and improve mortar characteristics, skim coat applications, for decorative mortar and waterproofing ...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Polyetherimide (PEI) Market Report and Forecast 2020-2025

The rapid growth in the automotive industry has increased the market demand for polyetherimides. The commodity is used in the manufacture of automobile interior parts, handles, pistons, bezels, electr...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Inorganic Fibre Market Report and Forecast 2020-2025

The global inorganic fibre market is expected to grow in the forecast period of 2020-2025 at a CAGR of 6%. The North America region dominates the industry. The inorganic fibre market in North America ...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Super Absorbent Polymer (SAP) Market Report and Forecast 2020-2025

The Asia Pacific is a significant supply as well as consumer market. The region has a large consumer base for super absorbent polymer. The region is a major exporter of the product with China, the Rep...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.

Download Sample

Buy Full Version
"Polystyrene Market" Purchase Enquiry