PS plastic market has been growing rapidly since last few years and is also expected to increase in coming years also. Polystyrene prices for Europe region. In 2014 the U.S. price of polypropylene was 389 U.S. dollars per ton, and it is estimated to increase to 526 U.S. dollars per ton in 2020. According to a study conducted by Market Research Future (MRFR), the global polystyrene market has been projected to scale a CAGR of 4.87% during the projection period 2018 to 2023. Polystyrene Market Analysis, Share, Size, Trend, Market Price, Industry Growth, Leading Player And Region – Forecast To 2023 Posted On: August 25, 2020 Posted By: wiseguyreports The second largest market for polystyrene is Europe, followed by Latin America. This will lead to the development of a circular economy for polystyrene products over the forecast period. This ban would also apply to polystyrene egg cartons, coolers, dock floats, ice chests, mooring buoys and pool toys. Reference price of Styrene is 915.354USD/MT, down 1.54% from 929.698USD/MT on 2020-12-29. The rapid growth of infrastructural activities as a result of increasing urbanisation has developed the construction sector, thereby bolstering the growth of the polystyrene market. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players. The inauguration of Agilyx plant called Tigard in Oregon was recently attended by many business and government representatives. At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. The sample report shall be delivered to you within 24 hours. In Europe, maximum market revenue comes from France, Germany, Italy, Netherlands, and the United Kingdom (UK), followed by rest of Europe. RoW sub-segmentation of regional segmentation covers South America which is a small but steady market for polystyrene. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic. Global Polystyrene Resin Market is expected to grow at a CAGR x.x% over the next ten years, and will reach at US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018 If you have any questions feel free to call us at 1-877-440-ZING or email us at [email protected], Polystyrene Market Information- by Types (GPPS, HIPS, EPS, XPS, and others), by End User (Automotive Industry, Electronics, Thermal Insulation Industries, Pharmaceuticals, Consumer Industry, Packaging Industry, Construction Industry) and by Region – Forecast till 2023. Get pre-market outlook, mid-day update and after-market roundup emails in your inbox. Intratec provides Polystyrene pricing data, covering 13 years of historical prices and forecasts. Create one. Focusing on the Europe market, this report analyzes the specific consumption structure, such as types and end users. The increasing application of polystyrene for construction purposes is propelling the polystyrene market growth. By types, the market has been segmented into expanded polystyrene (EPS), general purpose polystyrene (GPPS), high impact polystyrene (HIPS), Extruded polystyrene foam (XPS), and others. Air pollution caused by polystyrene also hurts the ozone layer which is resulting in hazardous global warming. Current regulatory requirements by the government that are relevant to the market, historical market trends, and patents and technologies have been evaluated in this report. document.write(new Date().getFullYear()); Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation. Get a Free Sample Report with Table of Contents –https://www.expertmarketresearch.com/reports/polystyrene-market/requestsample. The legislation banning polystyrene will make it compulsory for restaurants to straws and plastic utensils available to customers only upon request. Global polystyrene market is expected to rise to an estimated value of USD 39.94 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. A synthetic polymer that is in huge demand across various industries for production purposes is polystyrene. Restaurants with revenues less than $500,000 could receive a hardship exemption from the city lasting as long as two years. https://www.expertmarketresearch.com/reports/polystyrene-market/requestsample, https://www.expertmarketresearch.com/reports/polystyrene-market, https://www.expertmarketresearch.com/reports/polylactic-acid-pla-market, https://www.expertmarketresearch.com/reports/plasticisers-market, https://www.expertmarketresearch.com/reports/polyvinyl-alcohol-pva-films-market, https://www.expertmarketresearch.com/reports/styrenics-market, https://www.expertmarketresearch.com/reports/cross-linked-polymers-market, Procurement Resource Presents The Production Cost Of Polycarbonate In Its New Report ProcurementResource.com, Procurement Resource Presents The Production Cost Of Ammonium Nitrate In Its New Report | ProcurementResource.com, Procurement Resource Presents The Production Cost Of Polystyrene In Its New Report | ProcurementResource.com, Humectants Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026 | ExpertMarketResearch.com, Procurement Resource Presents The Production Cost Of Hydrogen Cyanide In Its New Report | ProcurementResource.com, Historical Market Size (2019): 18.6 million metric tons, Forecast Market Size (2025): 20.8 million metric tons. Based on application, the polystyrene market can be segmented into: The major regions of the polystyrene market are: The necessity to reduce plastic waste has increased due to the rising plastic pollution and increasing environmental concerns. iCrowdNewswire Nov 24, 2020 3:02 PM ETThe new report by Expert Market Research titled, ‘Global Polystyrene Market Size, Price, Share, Trends, Analysis Report and Forecast 2020-2025′, gives an in-depth analysis of the global polystyrene market, assessing the market based on its segments like applications and major regions. Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. San Diego has moved a step closer to becoming the fourth city in San Diego County of California to ban food and beverage containers made of polystyrene. The demand for the product is further expected to grow at a CAGR of 1.9% between 2021 and 2026 to reach a volume of 20.8 million metric tons by 2026. It also assesses the market dynamics. During the forecast period, Europe is expected to witness a rise in the market due to the increase in demand for pharmaceutical industries. Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed. Due to environmental concerns, in North America, use of polystyrene is limited, but its market is steady despite reaching its saturation point. The key players in the polystyrene consumer packaging value chain are actively seeking to develop a recyclable and reusable product. Innovations With stricter regulations in place, the emphasis on a lot of packaging companies has been to recycle and create more biodegradable products that would not harm the environment. Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. All rights reserved. The market for EPS is forecasted to grow more than US$ 18bn by 2022. The new report by Expert Market Research titled, ‘Global Polystyrene Market Size, Price, Share, Trends, Analysis Report and Forecast 2020-2025′, gives an in-depth analysis of the global polystyrene market, assessing the market based on its segments like applications and major regions. A research report about global polystyrene market has been published by Market Research Future (MRFR) which estimates 5.4% CAGR (Compound Annual Growth Rate) between 2016 and 2022. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking. PS Prices includes Price data, trends, Market Snapshots, Historical Prices and Charts. Media ContactCompany Name: Market Research FutureContact Person: Abhishek SawantEmail: Send EmailPhone: +1 646 845 9312Address:Market Research Future Office No. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. Manufacturers are focusing on recycling plastic products to reduce the carbon footprint on the environment. We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Don't have a Benzinga account? After China and India, Japan is the biggest market for polystyrene. Tigard plant is now fully operational, and it is processing material. The Graphite PolyStyrene (GPS) market report provides a detailed analysis of global market size, regional and … Global Market Forecast for Polystyrene The market for PS is forecasted to grow more than US$28 bn by 2020. Polylactic Acid (PLA) Market – https://www.expertmarketresearch.com/reports/polylactic-acid-pla-market, Plasticisers Market – https://www.expertmarketresearch.com/reports/plasticisers-market, Polyvinyl Alcohol (PVA) Films Market – https://www.expertmarketresearch.com/reports/polyvinyl-alcohol-pva-films-market, Styrenics Market – https://www.expertmarketresearch.com/reports/styrenics-market, Cross Linked Polymers Market – https://www.expertmarketresearch.com/reports/cross-linked-polymers-market. The report tracks the latest trends in the industry and studies their impact on the overall market. Global Polystyrene market is….. It is expected to grow at a compound annual growth rate (CAGR) of 9.8% and reach $62.25 billion by … Based on end users, this market has been segmented into the automotive industry, construction industry, consumer industry, electronics, packaging industry, pharmaceuticals, and thermal insulation industries. Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/polystyrene-market-2545. Therefore, it is always in demand somewhere, and there is a guarantee of its market to remain active and grow steadily. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. 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