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Polystyrene Global Market Report 2022 – 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) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : October 2022 | SKU CODE : 7307 | Delivery Time: 2-3 business days | Format :


The polystyrene market consists of the sales of polystyrene and related services. Polystyrene is a synthetic thermoplastic material formed by polymerizing styrene. It is used in modelled products, foams, and sheet materials.

The main product types of polystyrene are expandable polystyrene (EPS), general-purpose polystyrene (GPPS), high-impact polystyrene (HIPS), and extruded polystyrene (XPS). Expandable polystyrene is a rigid, tough, and lightweight thermoplastic product. EPS is good for the packaging and construction industries due to its lightweight, strong, and excellent thermal insulation properties. Polystyrene is used in the automotive industry, electronics, thermal insulation, pharmaceuticals, consumer industry, packaging industry, and construction industry and is applied in HVAC insulation, rigid packaging, seating, and flexible packaging.

The polystyrene market research report is one of a series of new reports from The Business Research Company that provides polystyrene market statistics, including polystyrene industry global market size, regional shares, competitors with a polystyrene market share, detailed polystyrene market segments, market trends and opportunities, and any further data you may need to thrive in the polystyrene industry. This polystyrene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global polystyrene market is expected to grow from $28.46 billion in 2021 to $30.77 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The polystyrene market is expected to grow to $38.49 billion in 2026 at a CAGR of 5.8%.

The demand for packaged products has increased recently, particularly in emerging economies such as China and India. As the size of the middle-class grew in these countries, the consumption of processed foods, poultry, meat, and agricultural products increased. According to the World Bank, China's GDP will grow by 2.3 percent in 2020 over 2019. The increase in per-capita income in these economies resulted in the emerging middle-class purchasing more packaged goods. The demand for packaged goods increased the consumption of polystyrene for their packaging, driving the market.

Stringent regulations on plastic materials were a major restraint on the expansion of the polystyrene market. Many of the products in the polystyrene market are potentially hazardous during the manufacturing stages because the manufacturing processes involve reactions that can be dangerous unless controlled carefully. Government agencies and regulators are strictly assessing and managing the risks involved in the production and use of polystyrene. Many cities in the USA have decided to ban polystyrene products from schools and other civic buildings. In January 2019, New York City implemented a citywide ban on single-use foam containers. In October 2019, the Integrated Waste Management Authority passed an ordinance to ban polystyrene in the entire San Luis Obispo County. Polystyrene manufacturers are instructed to be compliant with complex regulations that govern labeling, handling, manufacturing, and shipping and storage of the product, leading to an increase in compliance costs for the manufacturers.

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.

In February 2019, INEOS Styrolution, a styrenics supplier headquartered in Germany, completed the acquisition of two polystyrene sites from Total S.A. for an undisclosed amount. The acquisition includes two polystyrene production sites in Ningbo and Foshan, and two related offices in Guangzhou and Shanghai. The transaction will increase INEOS Styrolution’s manufacturing footprint in Asia and provide access to the domestic market in China. Total SA is a multinational oil and gas company headquartered in France.

Major players in the polystyrene market are A.Schulman Inc., ACH Foam Technologies, Inc., Alpek S.A.B. de C.V, Americas Styrenics LLC, Atlas Roofing Corporation, Austrotherm GmbH, BASF SE, BEWiSynbra Group, Brodr. Sunde as and Chi Mei Corporation.

Asia Pacific was the largest region in the polypropylene market in 2021. North America was the second-largest region in the polypropylene market. The regions covered in the polystyrene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the polystyrene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The global polystyrene market is segmented -

1) By Product Type: Expandable Polystyrene (EPS), General-Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS), Extruded Polystyrene (XPS)

2) By Application: HVAC Insulation, Rigid Packaging, Seating, Flexible Packaging

3) By End User Industry: Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry

    Table Of Contents

    1. Executive Summary

    2. Polystyrene Market Characteristics

    3. Polystyrene Market – Macro Economic Scenario

    3.1 COVID-19 Impact On Polystyrene Market

    3.2 Ukraine-Russia War Impact On Polystyrene Market

    3.3 Impact Of High Inflation On Polystyrene Market  

    4. Polystyrene Market Size And Growth

    4.1. Global Polystyrene Historic Market, 2016 - 2021, $ Billion

    4.1.1. Drivers Of The Market

    4.1.2. Restraints On The Market

    4.2. Global Polystyrene Forecast Market, 2021- 2026F, 2031F, $ Billion

    4.2.1. Drivers Of The Market

    4.2.2. Restraints On the Market

    5. Polystyrene Market Segmentation

    5.1. Global Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    Expandable Polystyrene (EPS)

    General-Purpose Polystyrene (GPPS)

    High-Impact Polystyrene (HIPS)

    Extruded Polystyrene (XPS)

    5.2. Global Polystyrene Market, Segmentation By End User Industry, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    Automotive Industry

    Electronics

    Thermal Insulation Industries

    Pharmaceuticals

    Consumer Industry

    Packaging Industry

    Construction Industry

    5.3. Global Polystyrene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    HVAC Insulation

    Rigid Packaging

    Seating

    Flexible Packaging

    6. Polystyrene Market Regional And Country Analysis

    6.1. Global Polystyrene Market, Split By Region, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    6.2. Global Polystyrene Market, Split By Country, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    7. Asia-Pacific Polystyrene Market  

    7.1. Asia-Pacific Polystyrene Market Overview  

    7.2. Asia-Pacific Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    8. China Polystyrene Market  

    8.1. China Polystyrene Market Overview  

    8.2. China Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F,$ Billion

    9. India Polystyrene Market  

    9.1. India Polystyrene Market Overview  

    9.2. India Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    10. Japan Polystyrene Market  

    10.1. Japan Polystyrene Market Overview  

    10.2. Japan Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    11. Australia Polystyrene Market  

    11.1. Australia Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    12. Indonesia Polystyrene Market  

    12.1. Indonesia Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    13. South Korea Polystyrene Market  

    13.1. South Korea Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    14. Western Europe Polystyrene Market  

    14.1. Western Europe Polystyrene Market Overview

    14.2. Western Europe Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    15. UK Polystyrene Market  

    15.1. UK Polystyrene Market Overview

    15.2. UK Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    16. Germany Polystyrene Market  

    16.1. Germany Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    17. France Polystyrene Market  

    17.3. France Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    18. Eastern Europe Polystyrene Market  

    18.1. Eastern Europe Polystyrene Market Overview

    18.2. Eastern Europe Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    19. Russia Polystyrene Market  

    19.1. Russia Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    20. North America Polystyrene Market  

    20.1. North America Polystyrene Market Overview

    20.2. North America Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    21. USA Polystyrene Market  

    21.1. USA Polystyrene Market Overview

    21.2. USA Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    22. South America Polystyrene Market  

    22.1. South America Polystyrene Market Overview

    22.2. South America Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    23. Brazil Polystyrene Market  

    23.1. Brazil Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    24. Middle East Polystyrene Market  

    24.1. Middle East Polystyrene Market Overview

    24.2. Middle East Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    25. Africa Polystyrene Market  

    25.1. Africa Polystyrene Market Overview

    25.2. Africa Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion

    26. Polystyrene Market Competitive Landscape And Company Profiles

    26.1. Polystyrene Market Competitive Landscape

    26.2. Polystyrene Market Company Profiles

    26.2.1. A.Schulman Inc.

    26.2.1.1. Overview

    26.2.1.2. Products and Services

    26.2.1.3. Strategy

    26.2.1.4. Financial Performance

    26.2.2. ACH Foam Technologies, Inc.

    26.2.2.1. Overview

    26.2.2.2. Products and Services

    26.2.2.3. Strategy

    26.2.2.4. Financial Performance

    26.2.3. Alpek S.A.B. de C.V

    26.2.3.1. Overview

    26.2.3.2. Products and Services

    26.2.3.3. Strategy

    26.2.3.4. Financial Performance

    26.2.4. Americas Styrenics LLC

    26.2.4.1. Overview

    26.2.4.2. Products and Services

    26.2.4.3. Strategy

    26.2.4.4. Financial Performance

    26.2.5. Atlas Roofing Corporation

    26.2.5.1. Overview

    26.2.5.2. Products and Services

    26.2.5.3. Strategy

    26.2.5.4. Financial Performance

    27. Key Mergers And Acquisitions In The Polystyrene Market

    28. Polystyrene Market Trends And Strategies

    29. Polystyrene Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2016-2021, 2026F, 2031F, $ Billion
  • Table 3: Global Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 4: Global Polystyrene Market, Segmentation By End User Industry, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 5: Global Polystyrene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 6: Global Polystyrene Market, Split By Region, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 7: Global Polystyrene Market, Split By Country, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 9: China, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 10: India, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 11: Japan, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 12: Australia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 13: Indonesia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 14: South Korea, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 15: Western Europe, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 16: UK, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 17: Germany, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 18: France, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 20: Russia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 21: North America, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 22: USA, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 23: South America, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 24: Brazil, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 25: Middle East, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 26: Africa, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Table 27: A.Schulman Inc. Financial Performance
  • Table 28: ACH Foam Technologies, Inc. Financial Performance
  • Table 29: Alpek S.A.B. de C.V Financial Performance
  • Table 30: Americas Styrenics LLC Financial Performance
  • Table 31: Atlas Roofing Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 3: Global Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 4: Global Polystyrene Market, Segmentation By End User Industry, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 5: Global Polystyrene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 6: Global Polystyrene Market, Split By Region, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 7: Global Polystyrene Market, Split By Country, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 9: China, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 10: India, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 11: Japan, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 12: Australia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 13: Indonesia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 14: South Korea, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 15: Western Europe, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 16: UK, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 17: Germany, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 18: France, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 20: Russia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 21: North America, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 22: USA, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 23: South America, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 24: Brazil, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 25: Middle East, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 26: Africa, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2026F, 2031F, $ Billion
  • Figure 27: A.Schulman Inc. Financial Performance
  • Figure 28: ACH Foam Technologies, Inc. Financial Performance
  • Figure 29: Alpek S.A.B. de C.V Financial Performance
  • Figure 30: Americas Styrenics LLC Financial Performance
  • Figure 31: Atlas Roofing Corporation Financial Performance
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