Specialty Polystyrene Resin Market by Function (Protection, Insulation, Cushioning), by Application (Protective Packaging, Building & Construction, Automotive & Transportation), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2019 to 2027)Specialty Polystyrene Resin Market by Function (Protection, Insulation, Cushioning), by Application (Protective Packaging, Building & Construction, Automotive & Transportation), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2019 to 2027)

Specialty Polystyrene Resin Market: Summary

The Global Specialty Polystyrene Resin Market is projected to reach a value of over USD 137.4 billion by 2027 at a CAGR of around 2.3%.

Specialty polystyrene resin is a lightweight material and is composed of individual cells of low-density polystyrene. Its cells are not cross-linked, making them ideal for protection function. Thus, it is remarkably used in wide range of packaging and building & construction applications such as insulation, structural insulated panels, insulated concrete forms, roofing isolation systems, sheathing, and decorative modeling.

Specialty Polystyrene Resin Market

Specialty Polystyrene Resin Market: Drivers & Challenges

Market Driver:

  • Growing Demand from End-use Industries

Specialty polystyrene resin is widely used as a protection material for various applications includes electrical & electronics, healthcare, and packaging. It is one of the versatile types of polymer foam with good mechanical and physical strength, thus, it is considered as the best packaging option for high-value heavy products and industrial products, which are entirely protected and safe from transportation as well as handling risks. The pharmaceutical breakable products, electronics components, consumer electronic products, and toys require trustable packaging to avoid damage and specialty polystyrene resin is the finest option.

Due to the versatile properties, it is used in a variety of applications such as packaging and insulation, which is fueling the market growth.

Market Restraints:

  • Volatility of Raw Material Prices 

Raw materials used for manufacturing specialty polystyrene resin are obtained from petroleum products. Continuously varying petroleum product prices due to the supply & demand gap, natural disasters, and politics influence the price of the finished products. Moreover, the production cost and storage can also cause oil prices to rise and fall as well.

Therefore, volatility in raw materials cost is a key restraining factor to market growth.

Specialty Polystyrene Resin Market: Key Segments

  • Segmentation based on function: Protection, Insulation, Cushioning, and Others
  • Segmentation based on application: Protective Packaging, Building & Construction, Automotive & Transportation, Electrical & Electronics, Healthcare, and Others
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

Specialty Polystyrene Resin Market: Report Scope

The report on the specialty polystyrene resin market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018-2027

Base Year for Market Calculation

2019

Forecasted Period

2020-2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million) and Volume (Kiloton)

Segments Included

Function and Application

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South Africa

KEY Companies Covered

  • BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Eastman Chemical Company
  • Synthos
  • Versalis S.p.A.
  • Sekisui Chemical Co., Ltd.
  • LG Chem
  • SUNPOR Kunststoff GmbH
  • NOVA Chemicals Corporate
  • Alpek S.A.B. de C.V.
  • StyroChem
  • Polysource Inc
  • RING Companies
  • Knauf Industries
  • "Taita Chemical Co., Ltd."
  • Jackon GmbH
  • Other Key Companies

Specialty Polystyrene Resin Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Specialty Polystyrene Resin Market, by Function

  • Protection
  • Insulation
  • Cushioning
  • Others

Specialty Polystyrene Resin Market, by Application

  • Protective Packaging
  • Building & Construction
  • Automotive & Transportation
  • Electrical & Electronics
  • Healthcare
  • Others

Specialty Polystyrene Resin Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Specialty Polystyrene Resin Market Providers
  • Specialty Polystyrene Resin Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Specialty Polystyrene Resin Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE Specialty Polystyrene Resin MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Growing Demand from End-use Industries
      2. Inclination Towards the Energy Efficient Buildings
    3. Restraint
      1. Volatility of Raw Material Prices 
      2. Availability of Substitutes
    4. Opportunities
      1. Easy to Recycle
    5. Challenges
      1. Consumer Inclination Towards Molded Pulp Packaging
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL SPECIALTY POLYSTYRENE RESIN MARKET BY FUNCTION, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Protection
    3. Insulation
    4. Cushioning
    5. Others
  7. GLOBAL SPECIALTY POLYSTYRENE RESIN MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019-2027)
    1. Introduction
    2. Protective Packaging
    3. Building & Construction
    4. Automotive & Transportation
    5. Electrical & Electronics
    6. Healthcare
    7. Others
  8. GLOBAL SPECIALTY POLYSTYRENE RESIN MARKET BY REGION, Market Size in USD Million and Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  10. COMPANY PROFILES
    1. BASF SE
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Eastman Chemical Company
    3. Synthos
    4. Versalis S.p.A.
    5. Sekisui Chemical Co., Ltd.
    6. LG Chem
    7. SUNPOR Kunststoff GmbH
    8. NOVA Chemicals Corporate
    9. Alpek S.A.B. de C.V.
    10. StyroChem
    11. Polysource Inc
    12. RING Companies
    13. Knauf Industries
    14. "Taita Chemical
    15. Co., Ltd."
    16. Jackon GmbH
    17. Other Key Companies
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

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