Global Specialty Polystyrene Resin Market

Mar 2020| VMR1725A| Verified Market Research

Report Highlights

Specialty Polystyrene Resin Market

According to Verified Market Research, Global Specialty Polystyrene Resin Market was valued at USD 107.5 Million in 2018 and is projected to reach USD 131.1 Billion by 2026, growing at a CAGR of 2.5% from 2019 to 2026.

Global Specialty Polystyrene Resin Market Outlook

The increasing demand from various industries building & construction, healthcare, and electrical & electronics owing to its various applications is one of the major factors that may drive the growth of the market. The stringent government regulation for the reduction of greenhouse gases the growing automobile industry in emerging economies is some of the factors that are expected to propel the growth of the market over the forecast period. In automotive industries, polystyrene resins are being used owing to its tensile, sudden force, and load-bearing capacity. However, the fluctuation in the prices of raw material coupled with the availability of various alternatives is anticipated to affect the growth of the market over the forecast period.

Global Specialty Polystyrene Resin Market Competitive Landscape

The Global Specialty Polystyrene Resin Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Synthos, BASF SE, Sekisui Plastics Co., Ltd., NOVA Chemicals Corporation, Atlas EPS, LG Chem, Ltd., VERSALIS, BEWiSynbra Group AB, Styropek, and Sunpor Kunststoff GmbH.

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