Polystyrene Market

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MarketsandMarkets Presents

• Polystyrene Market - Global Trends Forecast to
  2019

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• Polystyrene is a hard and solid plastic, which is
  produced through the polymerization of styrene.
  It is a vinyl polymer, with a long hydrocarbon
  chain structure, wherein a phenyl group is
  attached to every other carbon atom. Polystyrene
  is a versatile plastic that is mainly utilized in
  refrigerators, air conditioners, instrument
  panels, televisions, computers, and disposable
  utensils (such as foamed cups, plates, and
  bowls).
• Packaging and electronics are estimated to be the
  two largest application segments of the market in
  2014. These segments are projected to grow at the
  highest CAGR in global market between 2014 and
  2019. High penetration of polystyrene in the
  electronics and appliances industry is
  anticipated to fuel the growth of the global
  polystyrene market.

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• http//www.marketsandmarkets.com/Market-Reports/po
  lystyrene-market-148308682.html
• This report estimates the market for 2014, and
  projects its expected market size till 2019. It
  also provides a detailed qualitative and
  quantitative analysis of the market. Various
  secondary sources, such as encyclopedia,
  directories, and databases are used to identify
  and collect information useful for this extensive
  commercial study. The primary sources comprise
  interviews of suppliers and experts from related
  industries, to obtain and verify critical
  information as well as to assess the future
  prospects of the market..

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• The report covers the polystyrene market, and is
  segmented into varied applications, such as
  packaging, electronics, consumer goods
  appliances, and construction among others. The
  packaging application is the most dominant
  application of polystyrene, followed by
  electronics and consumer goods appliances. The
  packaging application accounted for a share of
  37.6 in 2014. Similarly, the electronics
  application of the market is projected to grow at
  the highest CAGR of 5.9 between 2014 and 2019.
• Asia-Pacific is projected to continue to lead the
  polystyrene market till 2019, followed by North
  America and Europe. Asia-Pacific and South
  America MEA are the fastest-growing regions in
  the market. Asia-Pacific has its major demand and
  supply of polystyrene concentrated in the
  north-eastern region, with China being the
  largest producer and consumer of polystyrene,
  followed by Japan, Korea, and Australia.

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