Polystyrene (PS) Market in Europe 2022-2026

Polystyrene (PS) Market in Europe 2022-2026

Technavio has been monitoring the polystyrene (PS) market in Europe and it is poised to grow by $ 1.20 bn during 2022-2026, progressing at a CAGR of 4.20% during the forecast period. Our report on the polystyrene (PS) market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing demand from the electrical and electronics industry, insulation and cushioning properties. In addition, increasing demand from the electrical and electronics industry is anticipated to boost the growth of the market as well.

The polystyrene (PS) market in Europe analysis includes the end-user segment and geographic landscape.

Technavio's polystyrene (PS) market in Europe is segmented as below:

By End-user

• Building and construction
• Packaging
• Others

By Geographical Landscape

• Germany
• UK
• Italy
• France
• Rest of Europe

This study identifies high durabilityas one of the prime reasons driving the polystyrene (PS) market growth in Europe during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on polystyrene (PS) market in Europe covers the following areas:

• Polystyrene (PS) market sizing
• Polystyrene (PS) market forecast
• Polystyrene (PS) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polystyrene (PS) market vendors in Europe that include BASF SE, DuPont de Nemours Inc., INEOS Styrolution Group GmbH, Kumho Petrochemical Co. Ltd., LG Chem Ltd., SABIC, Synthos SA, TotalEnergies SE, Trinseo SA, and Versalis SpA. Also, the polystyrene (PS) market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.