Polystyrene-Plastic Material And Resins 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

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

The main product types of polystyrene are expandable polystyrene (EPS), general-purpose polystyrene (GPPS), high-impact polystyrene (HIPS), extruded polystyrene (XPS). Extruded polystyrene is manufactured through an extrusion process. This manufacturing process will involve melting together the plastic resin and other ingredients. The applications are HVAC insulation, rigid packaging, seating, flexible packaging. The end-use industries are the automotive industry, electronics, thermal insulation industries, pharmaceuticals, consumer industry, packaging industry, construction industry.

The global polystyrene-plastic material and resins market size is expected to grow from $34.55 billion in 2021 to $39.86 billion in 2022 at a compound annual growth rate (CAGR) of 15.4%. The global polystyrene-plastic material and resin market size is expected to grow to $68.44 billion in 2026 at a CAGR of 14.5%.

The demand for packaging 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 trading economics, the Gross Domestic Product per capita in China was at $10430.73 US dollars in 2020. and India's Gross Domestic Product (GDP) per Capita reached 1,947.417 USD in Mar 2021, compared with 2,140.396 USD in Mar 2020. 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 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, 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 the 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.

Construction and packaging sectors in developing countries are increasingly using Expanded Polystyrene (EPS). EPS provides design and structural cohesion to construction projects and possesses physical and mechanical properties required for insulation. It is mostly used in the construction sector due to 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, Brødr. Sunde as, and Chi Mei Corporation.

Asia Pacific was the largest region in the polystyrene market in 2021. North America was the second-largest region in the global polystyrene market. The regions covered in the global 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-plastic material and resins 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 Industry, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry

    Table Of Contents

    1. Executive Summary

    2. Polystyrene Market Characteristics

    3. Polystyrene Market Trends And Strategies

    4. Impact Of COVID-19 On Polystyrene

    5. Polystyrene Market Size And Growth

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

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

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

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Polystyrene Market Segmentation

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

    Expandable Polystyrene (EPS)

    General-Purpose Polystyrene (GPPS)

    High-Impact Polystyrene (HIPS)

    Extruded Polystyrene (XPS)

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

    Automotive Industry

    Electronics

    Thermal Insulation Industries

    Pharmaceuticals

    Consumer Industry

    Packaging Industry

    Construction Industry

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

    HVAC Insulation

    Rigid Packaging

    Seating

    Flexible Packaging

    7. Polystyrene Market Regional And Country Analysis

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

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

    8. Asia-Pacific Polystyrene Market

    8.1. Asia-Pacific Polystyrene Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

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

    9. China Polystyrene Market

    9.1. China Polystyrene Market Overview

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

    10. India Polystyrene Market

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

    11. Japan Polystyrene Market

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

    12. Australia Polystyrene Market

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

    13. Indonesia Polystyrene Market

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

    14. South Korea Polystyrene Market

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

    15. Western Europe Polystyrene Market

    15.1. Western Europe Polystyrene Market Overview

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

    16. UK Polystyrene Market

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

    17. Germany Polystyrene Market

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

    18. France Polystyrene Market

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

    19. Eastern Europe Polystyrene Market

    19.1. Eastern Europe Polystyrene Market Overview

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

    20. Russia Polystyrene Market

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

    21. North America Polystyrene Market

    21.1. North America Polystyrene Market Overview

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

    22. USA Polystyrene Market

    22.1. USA Polystyrene Market Overview

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

    23. South America Polystyrene Market

    23.1. South America Polystyrene Market Overview

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

    24. Brazil Polystyrene Market

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

    25. Middle East Polystyrene Market

    25.1. Middle East Polystyrene Market Overview

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

    26. Africa Polystyrene Market

    26.1. Africa Polystyrene Market Overview

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

    27. Polystyrene Market Competitive Landscape And Company Profiles

    27.1. Polystyrene Market Competitive Landscape

    27.2. Polystyrene Market Company Profiles

    27.2.1. A.Schulman Inc.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. ACH Foam Technologies, Inc.

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

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

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Americas Styrenics LLC

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Atlas Roofing Corporation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Polystyrene Market

    29. Polystyrene Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Polystyrene Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Polystyrene Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Polystyrene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Polystyrene Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Polystyrene Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Polystyrene Market, Segmentation By Type, Historic and Forecast, 2016-2021, 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

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