Polystyrene (PS) Market In Europe 2024-2028
The polystyrene (PS) market in europe is forecasted to grow by USD 885.9 mn during 2023-2028, accelerating at a CAGR of 3.1% during the forecast period. The 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, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from electrical and electronics industry, insulation and cushioning properties, and high durability of polystyrene.
Technavio's polystyrene (PS) market in europe is segmented as below:
- By End-user
- Building and construction
- Packaging
- Others
- By Geographical Landscape
- Europe
This study identifies the lack of awareness about eco-friendly products as one of the prime reasons driving the polystyrene (PS) market in europe growth during the next few years. Also, increasing demand from food packaging industry and low weight of polystyrene will lead to sizable demand in the market.
The report on the polystyrene (PS) market in europe covers the following areas:
- Polystyrene (PS) Market in Europe sizing
- Polystyrene (PS) Market in Europe forecast
- Polystyrene (PS) Market in Europe industry analysis
The 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 in europe vendors that include Alpek SAB de CV, Arkema SA, BASF SE, DuPont de Nemours Inc., Eni S.p.A, Epsilyte LLC, Evonik Industries AG, INEOS Styrolution Group GmbH, JACKON GROUP, Kaneka Corp., Kumho Petrochemical Co. Ltd., LG Chem Ltd., NOVA Chemicals Corp., Ravago, Saudi Basic Industries Corp., SIBUR Holding PJSC, SUNPOR Kunststoff GmbH, Synthos SA, TotalEnergies SE, and Trinseo PLC. 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.
The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.