Polystyrene Report Revenue Report : 2020 size, outlook, segments, industry insights and 2027 forecasts and review
Polystyrene Market - Overview The global polystyrene market is growing with the impulsive pace; mainly due to expanding electronics and packaging industries. According to a recent study report published by the Market Research Future, the global market of polystyrene is prospering and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023). Globally, the market for polystyrene is driven by the region Asia pacific, owing to the growth in the population resulting in to increasing demand for lightweight materials in automotive, packaging and buildings & construction industries among others. Polystyrene is used for roofing, plumbing materials, and other materials due to its superior performance and thermal resistance properties offered by the product. Moreover, polystyrene is mainly used to impar