General Purpose Polystyrene Market

The global General Purpose Polystyrene (GPPS) market was valued at 9158.33 Million USD in 2021 and will grow with a CAGR of .54% from 2021 to 2027, based on Research newly published report.
The prime objective of General Purpose Polystyrene Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, General Purpose Polystyrene Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

General purpose polystyrene (GPPS) is produced by the polymerization of the monomer styrene, which is a derivative of petroleum. It is classified as a hydrocarbon, due to composed of carbon and hydrogen atoms only.The global production of general purpose polystyrene increased from 5084.1 K MT in 2010 to 6462.4 K MT in 2014, with an average growth rate of more than 5.73%. Asia is the major manufacturing market in the world. China holds 25.41% of the global production while Asia (except China) holds 23.31% in 2014. This industry is relatively fragmented. INEOS is the world leader, which holds the 14.69% production share in 2014. Trinseo (China) is the China leader in recent years.
By Market Verdors:
INEOS
 

Total Petrochemicals

• BASF SE
• Trinseo
• Sabic
• PS Japan
• Chi Mei Corporation
• Polimeri
• Supreme Petrochem
• Chevron Phillips Chemical
• KKPC
• E.Styrenics
• Formosa Chemicals
• Hyundai Engineering
• Taita Chemical
• LG Chem
• Toyo Engineer
• VIETNAM Polystyrene
• CNPC
• SECCO Petrochemical
• SINOPEC
• BASF-YPC Company
• RASTAR Synthetic Material
• Hong Kong Petrochemical
• Astor Chemical
• Founder Commpoities
•  

By Types:

• Extrusion Molding
• Injection Molding

By Applications:

• Packaging
• Electronic Appliances
• Daily Consumer Products
• Construction

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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