Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Growth 2025-2031

Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Growth 2025-2031

The global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market size is predicted to grow from US$ 124 million in 2025 to US$ 78.5 million in 2031; it is expected to grow at a CAGR of -7.4% from 2025 to 2031.

High impact polystyrene, or HIPS, is a versatile plastic resin used in the manufacture of numerous products. Easy to fabricate, this resilient material costs little to produce and offers applications in many industries. Its physical properties permit flexible machining and surface applications such as paints and adhesives. The material can be used as packaging filler, pressed into board, molded into products, or delivered on sheets or rolls. Its characteristic dimensional stability permits it to be employed in low strength construction and in its natural translucent form makes it suitable for food processing applications.

Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging key players include Styrolution, Total Petrochemicals, Trinseo, Versalis, SABIC, etc. Global top five players hold a share about 80%.

Europe is the largest market, with a share about 40%, followed by North America and China, having a total share about 45 percent.

In terms of product, Extrusion Molding is the largest segment, with a share about 55%. And in terms of application, the largest application is Packaging For Economical Medical Devices, followed by Work-in-progress Trays, Thermoformed Pharmaceutical Packaging, etc.

LP Information, Inc. (LPI) ' newest research report, the “High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Industry Forecast” looks at past sales and reviews total world High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging sales in 2024, providing a comprehensive analysis by region and market sector of projected High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging sales for 2025 through 2031. With High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging industry.

This Insight Report provides a comprehensive analysis of the global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging.

This report presents a comprehensive overview, market shares, and growth opportunities of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Extrusion Molding
Injection Molding
Other

Segmentation by Application:
Work-in-progress Trays
Thermoformed Pharmaceutical Packaging
Packaging For Economical Medical Devices
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Styrolution
Total Petrochemicals
Trinseo
Versalis
SABIC
KKPC
PS Japan
CHIMEI
King Plastic Corporation
Hong Kong Petrochemical
Formosa
LG Chem
Total(China)
Zhengjiang CHIMEI
Formosa Plastics (Ningbo)
Astor Chemical Industrial

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market?

What factors are driving High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market opportunities vary by end market size?

How does High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.