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The study segments Polystyrene industry in light of major classification such as product type, potential markets, application, and end-user.
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Polystyrene Market To Reach USD 35.21 Billion By 2027 www.reportsanddata.com sales@reportsanddata.com
Market Summary Increasing demand for polystyrene from the construction industry is one of the significant factors influencing market growth. Market Size – USD 26.06 billion in 2018, Market Growth - CAGR of 3.3%, Market Trends – Increasing adoption of expanded polystyrene The global polystyrene market is expected to reach USD 35.21 Billion by 2027, according to a new report by Reports and Data. Polystyrene is produced by the polymerization of styrene, a building block material having widespread usage in producing various kinds of plastic products. Blocks made of polystyrene are implemented in the construction of buildings for providing permanent insulation for walls of buildings along with the roofs and floors. The distinctive feature of stacking and then filling the forms with concrete, of these blocks, allow for faster and cheaper construction of buildings (including residential, commercial, and industrial construction projects) as compared to typical brick and mortar buildings. Moreover, the block system aids in saving labor and time consumed in the completion of the project and the total construction costs.
Our Approach Market Summary Polystyrene is a sturdy material, which makes it a preferred material for electrical insulation. It is considered safe for packing various kinds of products and is moisture resistant. Polystyrene can be colored, painted, and printed on, making it a suitable alternative for packaging. The packaging of food in polystyrene is considered to be more hygienic instead of plates that are reused after being washed and hence, disposable and reusable containers find extensive application in the food & beverage industry packaging of perishable items. Also, to safeguard the delicate items packed in boxes, packaging industries deploy several polystyrene materials. Polystyrene can be effortlessly molded to fit products comprising glassware, electronics, and chemicals to avert breakage. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2407
Our Approach Market Summary Key participants include BASF SE, Versalis SPA, SABIC, Synthos SA, Kaneka Corporation, The Ravago Group, LG Chem, Formosa Chemicals & Fibers Corp., IneosStyrolution Group GmbH, and Trinseol, among others. For the purpose of this report, Reports and Data have segmented the global polystyrene market on the basis of forms, resin type, application, industry vertical, and region: Forms Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027) Atactic Polystyrene Syndiotactic Polystyrene Resin Type Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027) General Purpose Polystyrene (GPPS) High Impact Polystyrene (HIPS) Expanded Polystyrene (EPS) Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027) Sheets Foams
Our Approach Market Summary Industry Vertical Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027) Packaging Consumer Goods Electrical & Electronics Construction Others Regional Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027) North America Europe Asia Pacific Latin America MEA Order Now: https://www.reportsanddata.com/checkout-form/2407
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com About Us Our Approach About Us