Brominated Polystyrene Market, By Type, By Application, By Geography

Description

The global brominated polystyrene market is estimated to be valued at USD 496.6 Mn in 2024 and is expected to reach USD 808.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 496.6 Mn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	7.20%	2031 Value Projection:	US$ 808.4 Mn

Figure. Brominated Polystyrene Market Share (%), By Region 2024

The global brominated polystyrene market has witnessed significant growth over the past few years due to growing applications in flame retardant and plastic additive industries. Brominated polystyrene acts as an effective flame-retardant agent used in various end-use industries such as construction, electronics, automotive, and furniture.

Market Dynamics:

The global brominated polystyrene market is primarily driven by its wide application in the flame retardant industry. Growing fire safety concerns and stringent fire safety norms have increased the demand for flame retardants from various end-use industries. Brominated polystyrene demonstrates effective flame-retardant properties without compromising on mechanical and electrical properties of materials. This has boosted its adoption in wire & cable insulation, plastic additives, printed circuit boards, and electronics components. Moreover, flourishing electronics and automotive industries worldwide are also fueling the product demand. However, environmental and health hazards associated with brominated compounds hamper the market growth. Nonetheless, ongoing R&D activities to develop eco-friendly brominated flame-retardant solutions are expected to create new opportunities in the coming years.

Key Features of the Study:

This report provides in-depth analysis of the global brominated polystyrene market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global brominated polystyrene market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include CL Group Ltd., Albemarle Corporation, Chemtura Corporation, BASF SE, Lanxess AG, Olin Corporation, Kdf Polymers, Shandong Hongyu New Material Co., Ltd., Jiangsu Shunfeng Chemical Co., Ltd., Zibo Qixing New Material Co., Ltd., Huber Engineered Materials, and Solvay SA

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global brominated polystyrene market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global brominated polystyrene market

Market Segmentation

By Type Insights (Revenue, USD Mn, 2019 - 2031)
- High Molecular weight BPS
- Low Molecular weight BPS
By Application Insights (Revenue, USD Mn, 2019 - 2031)
- Electronics
- Automotive
- Construction
- Others
Regional Insights (Revenue, USD Mn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- CL Group Ltd.
- Albemarle Corporation
- Chemtura Corporation
- BASF SE
- Lanxess AG
- Olin Corporation
- Kdf Polymers
- Shandong Hongyu New Material Co., Ltd.
- Jiangsu Shunfeng Chemical Co., Ltd.
- Zibo Qixing New Material Co., Ltd.
- Huber Engineered Materials
- Solvay SA

Product Code: CMI5027

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Brominated Polystyrene Market, By Type
- Global Brominated Polystyrene Market, By Application
- Global Brominated Polystyrene Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

4. Global Brominated Polystyrene Market, By Type, 2019-2031, (USD Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
High Molecular weight BPS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Low Molecular weight BPS
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)

5. Global Brominated Polystyrene Market, By Application, 2019-2031, (USD Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)

6. Global Brominated Polystyrene Market, By Region, 2019 - 2031, Value (USD Mn)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Mn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Mn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Type, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Mn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Mn)
  - South Africa
  - North Africa
  - Central Africa

7. Competitive Landscape

CL Group Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Albemarle Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Chemtura Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Lanxess AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Olin Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Kdf Polymers
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Shandong Hongyu New Material Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Jiangsu Shunfeng Chemical Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Zibo Qixing New Material Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Huber Engineered Materials
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Solvay SA
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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