The global brominated polystyrene market is estimated to be valued at USD 533.4 Mn in 2025 and is expected to reach USD 879.8 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2025 to 2032. The global brominated polystyrene market has witnessed significant growth over the past few years due to growing applications in flame retardant and plastic additive industries. Brominated polystyrene acts as an effective flame-retardant agent used in various end-use industries such as construction, electronics, automotive, and furniture.
Market Dynamics:
The global brominated polystyrene market is primarily driven by its wide application in the flame retardant industry. Growing fire safety concerns and stringent fire safety norms have increased the demand for flame retardants from various end-use industries. Brominated polystyrene demonstrates effective flame-retardant properties without compromising on mechanical and electrical properties of materials. This has boosted its adoption in wire & cable insulation, plastic additives, printed circuit boards, and electronics components. Moreover, flourishing electronics and automotive industries worldwide are also fueling the product demand. However, environmental and health hazards associated with brominated compounds hamper the market growth. Nonetheless, ongoing R&D activities to develop eco-friendly brominated flame-retardant solutions are expected to create new opportunities in the coming years.
Key Features of the Study:
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