PUBLISHER: GlobalData | PRODUCT CODE: 1306012
PUBLISHER: GlobalData | PRODUCT CODE: 1306012
Global Polystyrene capacity is poised to see considerable growth over the next five years, potentially increasing from 15.44 mtpa in 2022 to 17.20 mtpa in 2027, registering total growth of 11%.
Around eight planned and announced Polystyrene projects are expected to come online, predominantly in Asia, followed by Middle East over the upcoming years. Among countries, China is expected to lead Polystyrene capacity additions by 2027, followed by Iran and Turkey. Satellite Chemical Co Ltd, Chi Mei Corp and China National Petroleum Corp are the top three companies by planned and announced capacity additions globally over the upcoming years.