The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The demand for packaged products are expected to drive innovation in polystyrene-plastic material and resins manufacturing, thus driving the market during the forecast period.

The global polystyrene-plastic material and resins market is expected to grow from $39.67 billion in 2022 to $44.95 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The global polystyrene-plastic material and resins market size is expected to grow from $71.91 billion in 2027 at a CAGR of 12.5%.

Get A Free Sample On The Global Polystyrene-Plastic Material And Resins Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7808&type=smp

Global polystyrene-plastic material and resins market segments include:

• By Product Type: Expandable Polystyrene (EPS), General-Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS), Extruded Polystyrene (XPS)
• By Application: HVAC Insulation, Rigid Packaging, Seating, Flexible Packaging
• By End User Industry: Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global polystyrene-plastic material and resins market in 2021.

Major Market Players in the polystyrene-plastic material and resins market include A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC., Atlas Roofing Corporation, Austrotherm GmbH.

The construction and packaging sectors in developing countries are increasingly using Expanded Polystyrene (EPS). EPS provides design and structural cohesion to construction projects and possesses the physical and mechanical properties required for insulation. It is mostly used in the construction sector due to its properties of closed air, low thermal conductivity, low water absorption, lightweight, mechanical resistance, and sound resistance. EPS offers sound weight and volume performances compared to other building materials, making construction simple.

The Polystyrene-Plastic Material And Resins Global Market Report 2023  provides a polystyrene-plastic material and resins market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The polystyrene-plastic material and resins market forecast analyzes polystyrene-plastic material and resins market size, polystyrene-plastic material and resins market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Polystyrene is a synthetic thermoplastic material formed by polymerizing styrene. It is used in modelled products, foams, and sheet materials. Polystyrene can be melted at higher temperature for molding or extrusion, and then be re-solidified, in addition to being generally a solid thermoplastic.

Explore Similar Reports From The Business Research Company:

Plastic Material And Resins Global Market Report 2023

Plastics And Rubber Products Global Market Report 2023

Poly-Vinyl Chloride Global Market Report 2023

Learn More About The Business Research Company

The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact Us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Check out our:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: