Cover Image
Market Research Report

Global Specialty Polystyrene Resin Market - 2019-2026

Published by DataM Intelligence Product code 909713
Published Content info 130-180 Pages
Delivery time: 1-2 business days
Price
Back to Top
Global Specialty Polystyrene Resin Market - 2019-2026
Published: August 1, 2019 Content info: 130-180 Pages
Description

Market Overview

Polystyrene or PS, a thermoplastic resin made by polymerizing styrene monomer (SM), is one of the most widely used plastic materials. They are used in many areas such as disposables, small home appliances, stationeries depending on the respective properties.

Specialty polystyrene possess better transparency, electric characteristics, water resistance, and color ability. This resin best suits for food packing containers, foaming products such as disposable containers.

Specialty Polystyrene Resin market is segmented by function, application and geography. By function the market is segmented into Protection, Insulation, cushioning and others. By application the market is further segmented by building and construction, automotive transportation, electronics, healthcare and others. Whereas by geography the market is divided into North America, South America, Europe, Asia Pacific and Rest of the World.

Market Dynamics

Specialty polystyrene resin is a lightweight polymer foam. These resins are used in the packaging industry as a protection layer. While in automotive, building & construction, electrical & electronics industries Specialty polystyrene resins are majorly used due to their light weight, thermal stability than conventional thermoplastic acrylic resin, and low-cost benefits.

Automotive companies are increasingly using lightweight materials to lower vehicle emission and improve vehicle fuel economy. Moving forward electric vehicles made with light weight auto components are the future automotive industry drivers hence polystyrene resins to witness.

Owing to the lightweight property, Implementation of stringent government regulations focusing on the construction of energy efficient infrastructure and emphasis on the reduction of greenhouse gas emissions are major factor driving the global specialty polystyrene resin market. Some of the key factors influencing the market growth include increasing demand for automotive application, growing use of packaging for performance and environmental reasons in emerging economies.

However, high performance alternatives, poor weather ability, chemical resistance and brittleness are restraining the market growth.

Function segment Analysis

Based on function, the Specialty Polystyrene Resin market is classified into protection, insulation, cushioning, and others. Among the functionality protection the dominant segment which accounts to XX% of the market.

The protection function accounted for the largest market share in specialty polystyrene resin market in 2017 and is expected to remain the major function during the forecast period, as this function is mostly needed in applications such as healthcare, electrical & electronics, and packaging.

In the packaging application, specialty polystyrene resin delivers physical and mechanical strength, and it is the most versatile type of polymer foam. It is lightweight, composed of individual cells of low-density polystyrene, and has a high strength-to-weight ratio because it is cross linked nature. It is useful in the food service and protective packaging applications, spurred by the growth in the e-commerce industry.

Application segment Analysis

Based on application, specialty polystyrene resin market is classified into Protective Packaging, Building & Construction, Automotive & Transportation, Electronics, Healthcare and others. Currently building & construction is the dominant segment and it accounts for approximately XX% of the market.

Specialty polystyrene resins are adopted widely across the healthcare industry with significant efforts to commercialize new medical polymers to meet the specification of high-end use.

The demand for specialty polystyrene resin in the healthcare market is growing significantly owing to a significant upsurge in demand for medical lab ware, pharmaceutical products, Vacutainer trays, components for medical devices, and packaging for essential medicines due to the increase in population.

The demand for specialty polystyrene resin is witnessing significant growth in all the regions due to the rapid acceptance and adoption of polymers from product designing to final product manufacturing.

Geographical Analysis

The Asia Pacific Specialty Polystyrene Resin market size was worth USD XX million in 2018 and is estimated to reach USD XX million by 2026, at a CAGR of XX% during the forecast period. Asia Pacific region is expected to grow with high CAGR during the forecast period owing to the immense growth in the end user industries.

Polystyrene is widely used to produce daily use consumer products such as refrigerators, air conditioners, televisions, computers and disposable utensils.

Asia pacific region is the major producer of electronic devices in which China will remain the world's electronics factory. Moving forward this country will produce 50% of global electronics in value terms by 2025.

Followed by the China, South East Asia and South Korea to remain a major area for electronics production in the region. South Korea's electronics sector is primarily characterized by two major players namely Samsung Electronics Co Ltd and LG Electronics Inc and numerous automotive electronics producers.

South East Asia electronics manufacturing is led by the Philippines, Malaysia, Indonesia, Vietnam and Thailand.

China was the leading countries with highest production capacity. Asia is the leading region accounting for the largest share of global production capacity of the polymer. It occupied 55.1% of the production capacity.

Competitive Analysis:

Some of the major players include Synthos S.A., BASF SE, Versalis S.P.A., Sekisui Plastics Co., Ltd., LG Chem Ltd., Sunpor Kunststoff GmbH, Eastman Chemical Company, Nova Chemicals Corporation, Styropek, Styrochem.

Sekisui Plastics Co., Ltd, is one of the largest specialty polystyrene resin companies. This company has a strong global presence. It has a diversified product portfolio to cater to end-use industries according to their requirements. To sustain its dominating position, the company is anticipated to target new markets.

Global specialty polystyrene resin market is partially consolidated with the presence of high number of major players. Threat of new entrants in this market as the market being high capital intensive.

These key players mainly focus on new product launches, expansions, and mergers & acquisitions to enhance their position in the solar PV glass market.

Why Purchase the Report?

  • Visualize the composition of the specialty polystyrene resin in terms of various functions, and their applications highlighting the key commercial assets and players.
  • Identify commercial opportunities in specialty polystyrene resin market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of specialty polystyrene resin market - level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global specialty polystyrene resin report would provide an access to an approx, specialty polystyrene resin market 53 data table, 46 figures and 156 pages

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers
Table of Contents

Table of Contents

1. Global Specialty Polystyrene Resin Market Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Objective and Scope of the Report

2. Global Specialty Polystyrene Resin Market - Market Definition and Overview

3. Global Specialty Polystyrene Resin Market - Executive Summary

  • 3.1. Market Snippet by Function
  • 3.2. Market Snippet by Application
  • 3.3. Market Snippet by Region

4. Global Specialty Polystyrene Resin Market Dynamics

  • 4.1. Market Impacting Factors
    • 4.1.1. Drivers
      • 4.1.1.1. Focus of automobile makers towards lightweight materials to drive the future market growth.
  • 4.2. Restraints
    • 4.2.1. Presence of high-performance alternatives in the market.
  • 4.3. Opportunity
  • 4.4. Impact Analysis

5. Global Specialty Polystyrene Resin Market - Industry Analysis

  • 5.1. Porter's Five Forces Analysis
  • 5.2. Regulatory Analysis
  • 5.3. Supply Chain Analysis
  • 5.4. Pricing Analysis
  • 5.5. Patent Analysis

6. Global Specialty Polystyrene Resin Market - By Function

  • 6.1. Introduction
    • 6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Function
    • 6.1.2. Market Attractiveness Index, By Function
  • 6.2. Protection*
    • 6.2.1. Introduction
    • 6.2.2. Market Size Analysis, USD Million, 2017-2026 and Y-o-Y Growth Analysis (%), 2018-2026
  • 6.3. Insulation
  • 6.4. Cushioning
  • 6.5. Others

7. Global Specialty Polystyrene Resin Market - By Application

  • 7.1. Introduction
    • 7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 7.1.2. Market Attractiveness Index, By Application
  • 7.2. Protective Packaging*
    • 7.2.1. Introduction
    • 7.2.2. Market Size Analysis, USD Million, 2017-2026 and Y-o-Y Growth Analysis (%), 2018-2026
  • 7.3. Building & Construction
  • 7.4. Automotive & Transportation
  • 7.5. Electronics
  • 7.6. Healthcare
  • 7.7. Others

8. Global Specialty Polystyrene Resin Market - By Region

  • 8.1. Introduction
    • 8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
    • 8.1.2. Market Attractiveness Index, By Region
  • 8.2. North America
    • 8.2.1. Introduction
    • 8.2.2. Key Region-Specific Dynamics
    • 8.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Function
    • 8.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 8.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
    • 8.2.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 8.2.6.1. U.S.
      • 8.2.6.2. Canada
      • 8.2.6.3. Mexico
  • 8.3. Europe
    • 8.3.1. Introduction
    • 8.3.2. Key Region-Specific Dynamics
    • 8.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Function
    • 8.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 8.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 8.3.5.1. Germany
      • 8.3.5.2. U.K.
      • 8.3.5.3. France
      • 8.3.5.4. Italy
      • 8.3.5.5. Spain
      • 8.3.5.6. Rest of Europe
  • 8.4. South America
    • 8.4.1. Introduction
    • 8.4.2. Key Region-Specific Dynamics
    • 8.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type
    • 8.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 8.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 8.4.5.1. Brazil
      • 8.4.5.2. Argentina
      • 8.4.5.3. Rest of South America
  • 8.5. Asia Pacific
    • 8.5.1. Introduction
    • 8.5.2. Key Region-Specific Dynamics
    • 8.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Function
    • 8.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
    • 8.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
      • 8.5.5.1. China
      • 8.5.5.2. India
      • 8.5.5.3. Japan
      • 8.5.5.4. Australia
      • 8.5.5.5. Rest of Asia Pacific
  • 8.6. Middle East and Africa
    • 8.6.1. Introduction
    • 8.6.2. Key Region-Specific Dynamics
    • 8.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Function
    • 8.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

9. Global Specialty Polystyrene Resin Market Competitive Landscape

  • 9.1. Competitive Scenario
  • 9.2. Market Positioning/Share Analysis
  • 9.3. Mergers and Acquisitions Analysis

10. Global Specialty Polystyrene Resin Market Company Profiles

  • 10.1. Sekisui Plastics Co., Ltd *
    • 10.1.1. Company Overview
    • 10.1.2. Product Portfolio and Description
    • 10.1.3. Key Highlights
    • 10.1.4. Financial Overview
  • 10.2. NOVA Chemicals Corporation
  • 10.3. Synthos
  • 10.4. BASF SE
  • 10.5. SUNPOR KUNSTSTOFF GmbH
  • 10.6. Atlas EPS
  • 10.7. VERSALIS
  • 10.8. SABIC
  • 10.9. LG Chem, Ltd
  • 10.10. BEWiSynbra Group AB
  • List is not exhaustive

11. Global Specialty Polystyrene Resin Market - DataM

  • 11.1. Appendix
  • 11.2. About Us and Services
  • 11.3. Contact Us
Back to Top