Europe Polystyrene Market Size, Share & Industry Trends Analysis Report By Form Type (Foams, Injection Molding, Films & Sheets, and Others), By End-Use, By Resin Type, By Country and Growth Forecast, 2023 - 2030
The Europe Polystyrene Market would witness market growth of 3.4% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 2,108.5 Kilo Tonnes, showcasing a growth of 3.1% (2019-2022).
EPS, a versatile form of polystyrene, finds extensive use in packaging, insulation, and construction. Its cellular structure, consisting of numerous tiny, closed cells, gives it excellent insulation properties, making it an ideal choice for insulating buildings and transporting temperature-sensitive goods. General purpose polystyrene (GPPS) is a transparent and rigid form, commonly used to produce disposable items, optical devices, and consumer electronics casings. Its clarity and ease of processing make it suitable for applications where transparency is a key requirement.
The push towards sustainability has influenced the market, developing more eco-friendly alternatives. Manufacturers are exploring bio-based and recycled polystyrene to reduce environmental impact. Additionally, there is a growing trend towards recycling waste to mitigate concerns about its persistence in landfills. Continuous innovation in processing techniques has paved the way for enhanced properties and applications. Advanced molding technologies allow the production of intricate designs and customized solutions, expanding its use in diverse industries.
As per Destatis, in 2022, the total number of building permits for construction in Germany was 217,586. In Germany, where energy efficiency in buildings is a priority, polystyrene insulation is widely used to enhance the thermal performance of walls, roofs, and foundations, reducing energy consumption for heating and cooling. This insulation in building construction aligns with energy efficiency regulations and standards in Germany. Due to the above-mentioned factors, the market will grow significantly in this region.
The Germany market dominated the Europe Polystyrene Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,129.1 Million by 2030. The UK market is exhibiting a CAGR of 2.5% during (2023 - 2030). Additionally, The France market would experience a CAGR of 4.2% during (2023 - 2030).
Based on Form Type, the market is segmented into Foams, Injection Molding, Films & Sheets, and Others. Based on End-Use, the market is segmented into Packaging, Building & Construction, Consumer Goods, Electrical & Electronics, and Others. Based on Resin Type, the market is segmented into High Impact Polystyrene (HIPS), General Purpose Polystyrene (GPPS), and Expandable Polystyrene (EPS). Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SABIC (Saudi Arabian Oil Company), Alfa, S. A. B. de C. V., BASF SE, CHIMEI Corporation, TotalEnergies SE, INEOS Styrolution Group GmbH, Atlas Roofing Corporation (Atlas Molded Products) (Hood Companies, Inc.), Trinseo PLC, LG Chem Ltd. (LG Corporation), and Synthos S.A.
Scope of the Study
Market Segments covered in the Report:
By Form Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Foams
- Injection Molding
- Films & Sheets
- Others
- Packaging
- Building & Construction
- Consumer Goods
- Electrical & Electronics
- Others
- High Impact Polystyrene (HIPS)
- General Purpose Polystyrene (GPPS)
- Expandable Polystyrene (EPS)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- SABIC (Saudi Arabian Oil Company)
- Alfa, S. A. B. de C. V.
- BASF SE
- CHIMEI Corporation
- TotalEnergies SE
- INEOS Styrolution Group GmbH
- Atlas Roofing Corporation (Atlas Molded Products) (Hood Companies, Inc.)
- Trinseo PLC
- LG Chem Ltd. (LG Corporation)
- Synthos S.A
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Polystyrene Market, by Form Type
- 1.4.2 Europe Polystyrene Market, by End-Use
- 1.4.3 Europe Polystyrene Market, by Resin Type
- 1.4.4 Europe Polystyrene Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Jul – 2023, Jul) Leading Players
- 4.4 Porter’s Five Forces Analysis
- Chapter 5. Europe Polystyrene Market, by Form Type
- 5.1 Europe Foams Market, by Country
- 5.2 Europe Injection Molding Market, by Country
- 5.3 Europe Films & Sheets Market, by Country
- 5.4 Europe Others Market, by Country
- Chapter 6. Europe Polystyrene Market, by End-Use
- 6.1 Europe Packaging Market, by Country
- 6.2 Europe Building & Construction Market, by Country
- 6.3 Europe Consumer Goods Market, by Country
- 6.4 Europe Electrical & Electronics Market, by Country
- 6.5 Europe Others Market, by Country
- Chapter 7. Europe Polystyrene Market, by Resin Type
- 7.1 Europe High Impact Polystyrene (HIPS) Market, by Country
- 7.2 Europe General Purpose Polystyrene (GPPS) Market, by Country
- 7.3 Europe Expandable Polystyrene (EPS) Market, by Country
- Chapter 8. Europe Polystyrene Market, by Country
- 8.1 Germany Polystyrene Market
- 8.1.1 Germany Polystyrene Market, by Form Type
- 8.1.2 Germany Polystyrene Market, by End-Use
- 8.1.3 Germany Polystyrene Market, by Resin Type
- 8.2 UK Polystyrene Market
- 8.2.1 UK Polystyrene Market, by Form Type
- 8.2.2 UK Polystyrene Market, by End-Use
- 8.2.3 UK Polystyrene Market, by Resin Type
- 8.3 France Polystyrene Market
- 8.3.1 France Polystyrene Market, by Form Type
- 8.3.2 France Polystyrene Market, by End-Use
- 8.3.3 France Polystyrene Market, by Resin Type
- 8.4 Russia Polystyrene Market
- 8.4.1 Russia Polystyrene Market, by Form Type
- 8.4.2 Russia Polystyrene Market, by End-Use
- 8.4.3 Russia Polystyrene Market, by Resin Type
- 8.5 Spain Polystyrene Market
- 8.5.1 Spain Polystyrene Market, by Form Type
- 8.5.2 Spain Polystyrene Market, by End-Use
- 8.5.3 Spain Polystyrene Market, by Resin Type
- 8.6 Italy Polystyrene Market
- 8.6.1 Italy Polystyrene Market, by Form Type
- 8.6.2 Italy Polystyrene Market, by End-Use
- 8.6.3 Italy Polystyrene Market, by Resin Type
- 8.7 Rest of Europe Polystyrene Market
- 8.7.1 Rest of Europe Polystyrene Market, by Form Type
- 8.7.2 Rest of Europe Polystyrene Market, by End-Use
- 8.7.3 Rest of Europe Polystyrene Market, by Resin Type
- Chapter 9. Company Profiles
- 9.1 SABIC (Saudi Arabian Oil Company)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Recent strategies and developments:
- 9.1.4.1 Partnerships, Collaborations, and Agreements:
- 9.1.5 SWOT Analysis
- 9.2 Alfa, S. A. B. de C. V.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 SWOT Analysis
- 9.3 BASF SE
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis
- 9.4 CHIMEI Corporation
- 9.4.1 Company Overview
- 9.4.2 SWOT Analysis
- 9.5 TotalEnergies SE
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Acquisition and Mergers:
- 9.5.6 SWOT Analysis
- 9.6 INEOS Styrolution Group GmbH
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
- 9.6.2.1 Partnerships, Collaborations, and Agreements:
- 9.6.3 SWOT Analysis
- 9.7 Atlas Roofing Corporation (Atlas Molded Products) (Hood Companies, Inc.)
- 9.7.1 Company Overview
- 9.7.2 Recent strategies and developments:
- 9.7.2.1 Product Launches and Product Expansions:
- 9.7.2.2 Acquisition and Mergers:
- 9.7.3 SWOT Analysis
- 9.8 Trinseo PLC
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.5.2 Acquisition and Mergers:
- 9.8.5.3 Geographical Expansions:
- 9.8.6 SWOT Analysis
- 9.9 LG Chem Ltd. (LG Corporation)
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 SWOT Analysis
- 9.10. Synthos S.A.
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
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