Global Polystyrene (PS) Market 2024-2028

The polystyrene (PS) market is forecasted to grow by USD 7826.4 mn during 2023-2028, accelerating at a CAGR of 5.02% 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 electrical and electronics industry, insulation and cushioning properties of polystyrene, and high durability of polystyrene.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.69%
CAGR	5.02%
Incremental Value	$7826.4 mn

Technavio's polystyrene (PS) market is segmented as below:

By Resin 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 for polystyrene from food packaging industry and low weight of polystyrene 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 SA, Axion Recycling Ltd., BASF SE, Chimei Corp., DuPont de Nemours Inc., Eni SpA, Formosa Chemicals and Fibre Corp., INEOS GROUP HOLDINGS S.A., Kaneka Corp., Kumho Petrochemical Co. Ltd., LG Chem Ltd., 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.

Product Code: IRTNTR74809

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Resin Type
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Polystyrene (PS) Market 2018 - 2022
- Historic Market Size - Data Table on Global Polystyrene (PS) Market 2018 - 2022 ($ million)
4.2 Resin Type segment analysis 2018 - 2022
- Historic Market Size - Resin Type Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Resin Type

6.1 Market segments
- Chart on Resin Type - Market share 2023-2028 (%)
- Data Table on Resin Type - Market share 2023-2028 (%)
6.2 Comparison by Resin Type
- Chart on Comparison by Resin Type
- Data Table on Comparison by Resin Type
6.3 Expanded polystyrene (EPS) - Market size and forecast 2023-2028
- Chart on Expanded polystyrene (EPS) - Market size and forecast 2023-2028 ($ million)
- Data Table on Expanded polystyrene (EPS) - Market size and forecast 2023-2028 ($ million)
- Chart on Expanded polystyrene (EPS) - Year-over-year growth 2023-2028 (%)
- Data Table on Expanded polystyrene (EPS) - Year-over-year growth 2023-2028 (%)
6.4 High impact polystyrene (HIPS) - Market size and forecast 2023-2028
- Chart on High impact polystyrene (HIPS) - Market size and forecast 2023-2028 ($ million)
- Data Table on High impact polystyrene (HIPS) - Market size and forecast 2023-2028 ($ million)
- Chart on High impact polystyrene (HIPS) - Year-over-year growth 2023-2028 (%)
- Data Table on High impact polystyrene (HIPS) - Year-over-year growth 2023-2028 (%)
6.5 General purpose polystyrene (GPPS) - Market size and forecast 2023-2028
- Chart on General purpose polystyrene (GPPS) - Market size and forecast 2023-2028 ($ million)
- Data Table on General purpose polystyrene (GPPS) - Market size and forecast 2023-2028 ($ million)
- Chart on General purpose polystyrene (GPPS) - Year-over-year growth 2023-2028 (%)
- Data Table on General purpose polystyrene (GPPS) - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Resin Type
- Market opportunity by Resin Type ($ million)
- Data Table on Market opportunity by Resin Type ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
7.3 Packaging - Market size and forecast 2023-2028
- Chart on Packaging - Market size and forecast 2023-2028 ($ million)
- Data Table on Packaging - Market size and forecast 2023-2028 ($ million)
- Chart on Packaging - Year-over-year growth 2023-2028 (%)
- Data Table on Packaging - Year-over-year growth 2023-2028 (%)
7.4 Electronics - Market size and forecast 2023-2028
- Chart on Electronics - Market size and forecast 2023-2028 ($ million)
- Data Table on Electronics - Market size and forecast 2023-2028 ($ million)
- Chart on Electronics - Year-over-year growth 2023-2028 (%)
- Data Table on Electronics - Year-over-year growth 2023-2028 (%)
7.5 Construction - Market size and forecast 2023-2028
- Chart on Construction - Market size and forecast 2023-2028 ($ million)
- Data Table on Construction - Market size and forecast 2023-2028 ($ million)
- Chart on Construction - Year-over-year growth 2023-2028 (%)
- Data Table on Construction - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Alpek SAB de CV
- Alpek SAB de CV - Overview
- Alpek SAB de CV - Business segments
- Alpek SAB de CV - Key offerings
- Alpek SAB de CV - Segment focus
12.4 BASF SE
- BASF SE - Overview
- BASF SE - Business segments
- BASF SE - Key news
- BASF SE - Key offerings
- BASF SE - Segment focus
12.5 Chimei Corp.
- Chimei Corp. - Overview
- Chimei Corp. - Product / Service
- Chimei Corp. - Key offerings
12.6 DuPont de Nemours Inc.
- DuPont de Nemours Inc. - Overview
- DuPont de Nemours Inc. - Business segments
- DuPont de Nemours Inc. - Key news
- DuPont de Nemours Inc. - Key offerings
- DuPont de Nemours Inc. - Segment focus
12.7 Formosa Chemicals and Fibre Corp.
- Formosa Chemicals and Fibre Corp. - Overview
- Formosa Chemicals and Fibre Corp. - Product / Service
- Formosa Chemicals and Fibre Corp. - Key offerings
12.8 INEOS GROUP HOLDINGS S.A.
- INEOS GROUP HOLDINGS S.A. - Overview
- INEOS GROUP HOLDINGS S.A. - Product / Service
- INEOS GROUP HOLDINGS S.A. - Key news
- INEOS GROUP HOLDINGS S.A. - Key offerings
12.9 Kaneka Corp.
- Kaneka Corp. - Overview
- Kaneka Corp. - Business segments
- Kaneka Corp. - Key news
- Kaneka Corp. - Key offerings
- Kaneka Corp. - Segment focus
12.10 Kumho Petrochemical Co. Ltd.
- Kumho Petrochemical Co. Ltd. - Overview
- Kumho Petrochemical Co. Ltd. - Product / Service
- Kumho Petrochemical Co. Ltd. - Key news
- Kumho Petrochemical Co. Ltd. - Key offerings
12.11 LG Chem Ltd.
- LG Chem Ltd. - Overview
- LG Chem Ltd. - Business segments
- LG Chem Ltd. - Key news
- LG Chem Ltd. - Key offerings
- LG Chem Ltd. - Segment focus
12.12 NOVA Chemicals Corp.
- NOVA Chemicals Corp. - Overview
- NOVA Chemicals Corp. - Product / Service
- NOVA Chemicals Corp. - Key offerings
12.13 Ravago
- Ravago - Overview
- Ravago - Product / Service
- Ravago - Key offerings
12.14 Saudi Basic Industries Corp.
- Saudi Basic Industries Corp. - Overview
- Saudi Basic Industries Corp. - Business segments
- Saudi Basic Industries Corp. - Key offerings
- Saudi Basic Industries Corp. - Segment focus
12.15 TotalEnergies SE
- TotalEnergies SE - Overview
- TotalEnergies SE - Business segments
- TotalEnergies SE - Key news
- TotalEnergies SE - Key offerings
- TotalEnergies SE - Segment focus
12.16 Trinseo PLC
- Trinseo PLC - Overview
- Trinseo PLC - Business segments
- Trinseo PLC - Key news
- Trinseo PLC - Key offerings
- Trinseo PLC - Segment focus
12.17 Videolar Innova SA
- Videolar Innova SA - Overview
- Videolar Innova SA - Product / Service
- Videolar Innova SA - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations