Overview

Specialty Polystyrene Resin Market Overview

Specialty polystyrene can be used as an internal part of copolymer like acrylonitrile butradiene styrene. It's designed for the appliance industry and oriented polystyrene sheet. Specialty polystyrene is used in various industries like furniture, automotive, building and construction.

Availability of polystyrene at a low rate has generated a lot of demand industry market which fuelled the growth of the polystyrene resin market. Gradual increase of polystyrene in low weight design in the automotive industry is expected to drive the growth of the market. Given the fact that polystyrene is recyclable are in future, it has led to more and more industries demanding polystyrene.

However, the fluctuating price of crude oil and the availability of high substitute product like wood is hampering the growth of the market.

The global market is dominated by North America and Europe. Asia Pacific is is the most opportunistic space because of emerging economies like India, Indonesia and China.

Key players of the market involve NOVA Chemicals Corporation, Atlas EPS, LG Chem, Sekisui Plastics Co ,Ltd and Samsung Fine Chemicals.

Specialty Polystyrene Resin Market Segmentation:
By Function Type:
● Protection
● Cushioning
● Insulation
● Others

By End User
● Electrical & Electronics
● Healthcare
● Protective Packaging
● Automotive & Transportation
● Building & Construction
● Others

By Region:
● Europe
● North America
● APAC
● Latin America
● Rest of World

Competitive Landscape:
● Tier 1 players- established companies in the market with major market share
● Tier 2 players
● Emerging players which are growing rapidly
● New Entrants

FutureWise Key Takeaways
● Growth prospects
● SWOT analysis
● Key trends
● Key data points affecting market growth

Objectives of the Study:
● To provide an exhaustive analysis on specialty polystyrene resin is segmented on the basis of function, end-use industry and region
● To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
● To evaluate and forecast micro-markets and overall market
● To predict market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa
● To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
● Profiling of companies to evaluate their market shares, strategies, financials and core competencies