GITNUX MARKETDATA REPORT 2024
Polystyrene Industry Statistics
The polystyrene industry statistics show steady growth in production and consumption, with a notable increase in demand for recycled and environmentally friendly products.
In this post, we will highlight key statistics and trends in the global polystyrene industry. From market size and growth projections to regional dominance and product segments, we will provide a comprehensive overview of the current landscape and future prospects for polystyrene. Stay tuned to gain valuable insights into this dynamic industry.
Statistic 1
"Global polystyrene market size was valued at USD 30.88 billion in 2019."
Statistic 2
"The global polystyrene market is expected to reach USD 42 billion by 2027."
Statistic 3
"Polystyrene (PS) Industry is predicted to grow at a rate of around 2% annually until 2022."
Statistic 4
"Asia Pacific region dominated the global polystyrene market in 2019."
Statistic 5
"Europe is projected to grow at a CAGR of 4.7% from 2020 to 2027 in polystyrene market."
Statistic 6
"Packaging industry is the leading market segment of polystyrene industry in 2017."
Statistic 7
"Electrical & Electronics segment is projected to be the fastest growing market in polystyrene industry."
Statistic 8
"Polystyrene foam was the largest product segment in 2017 occupying over 50% demand."
Statistic 9
"Styrene Monomer feedstock segment dominated the global PS industry by product in 2016."
Statistic 10
"The polystyrene industry is expected to be significantly impacted by the new regulations for plastic waste management."
Statistic 11
"China is the leading consumer of polystyrene and accounted for the largest market share in the Asia Pacific in 2019."
Statistic 12
"The U.S. accounted for over 80% of the overall North America polystyrene market in 2019."
Statistic 13
"The construction sector accounted for 63.0% of the overall revenue in the global Expanded Polystyrene (EPS) market in 2019."
Statistic 14
"In terms of revenue, the global Extruded Polystyrene market was valued at USD 5.42 billion in 2019."
Statistic 15
"The worldwide polystyrene industry is fairly competitive with major players, definitely accounting for less than 30% of the total market in 2016."
Statistic 16
"Japan contributed significantly towards the Asia Pacific polystyrene market share in 2016."
Statistic 17
"By 2025, Global Polystyrene & Expandable Polystyrene market is expected to reach a valuation of around USD 49.26 billion."
Statistic 18
"The expected CAGR for the polystyrene market from 2019-2026 is 4.1%."
Jannik Lindner
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