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Report
Global General-Purpose Polystyrene (GPPS) Market Report and Forecast 2024-2032
Market Report I 2023-12-15 I 220 Pages I EMR Inc.
Global General-Purpose Polystyrene Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global general-purpose polystyrene market is projected to grow at a CAGR of 4.10% between 2024 and 2032. Aided by the burgeoning demand for affordable and versatile packaging solutions, coupled with its vast array of applications in diverse industries, the market is expected to grow significantly by 2032.
General-purpose polystyrene, often abbreviated as GPPS, is a versatile thermoplastic produced from the polymerisation of styrene monomer. GPPS is transparent, rigid, and relatively inexpensive, leading to its wide adoption in a variety of applications ranging from food packaging to consumer electronics casings. Its combination of clarity, strength, and ease of processing makes it a top choice for many manufacturing sectors.
The robust demand for lightweight and cost-effective materials in the packaging industry primarily fuels the global general-purpose polystyrene market growth. As businesses and consumers alike become increasingly conscious of the environmental impacts of packaging, there has been a discernible shift towards recyclable materials like GPPS. Additionally, its excellent transparency makes it a preferred option for food packaging, where product visibility can be a key determinant of consumer choice.
Beyond the realm of packaging, GPPS's intrinsic properties, such as its electrical insulative capability, have rendered it indispensable in the electronics industry. As per the general-purpose polystyrene market analysis, it's commonly used in the production of CD cases, television housings, and other consumer electronics, further adding to the momentum of the market.
Moreover, the construction sector's consistent growth, especially in emerging economies, has amplified the demand for GPPS. Its application in insulation materials, window framing, and other construction utilities highlights its importance. The rigidity and durability of GPPS make it an ideal candidate for such applications, ensuring longevity and stability and propels the general-purpose polystyrene market demand.
Another pivotal driver for the GPPS market is the rising trend of disposable cutlery and containers in the food and beverage sector. With the fast-paced lifestyle of the modern world and the burgeoning food delivery market, there has been a marked surge in the use of GPPS-based disposables and further add value to the general-purpose polystyrene market size. These products are lightweight, cost-effective, and offer a degree of insulation, making them perfect for transporting hot or cold food items.
Market Segmentation
The market can be divided based on melt flow index (gm/10 min), application, and region.
Market Breakup by Melt Flow Index (gm/10 min)
- 3.0
- 5.7
- 5.8
- 9
- 16
Market Breakup by Application
- Appliances
- Stationery
- Advertising Boards
- CD Jewel Case
- Masterbatches
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global general-purpose polystyrene market. Some of the major players explored in the report by Expert Market Research are as follows:
- Ineos Styrolution
- LG Chem
- Zheziang Polymers
- Formosa Plastics
- Supreme Petrochem
- Trienso
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global General-Purpose Polystyrene (GPPS) Market Analysis
8.1 Key Industry Highlights
8.2 Global General-Purpose Polystyrene (GPPS) Historical Market (2018-2023)
8.3 Global General-Purpose Polystyrene (GPPS) Market Forecast (2024-2032)
8.4 Global General-Purpose Polystyrene (GPPS) Market by Melt Flow Index (gm / 10 min)
8.4.1 3.0
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 5.7
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 5.8
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 9
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 16
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2023)
8.4.5.3 Forecast Trend (2024-2032)
8.5 Global General-Purpose Polystyrene (GPPS) Market by Application
8.5.1 Appliances
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Stationery
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Advertising Boards
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 CD Jewel Case
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Masterbatches
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global General-Purpose Polystyrene (GPPS) Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East & Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America General-Purpose Polystyrene (GPPS) Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe General-Purpose Polystyrene (GPPS) Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific General-Purpose Polystyrene (GPPS) Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Bangladesh
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America General-Purpose Polystyrene (GPPS) Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Mexico
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Argentina
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa General-Purpose Polystyrene (GPPS) Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 South Africa
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 Nigeria
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Ineos Styrolution
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 LG Chem
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Zheziang Polymers
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Formosa Plastics
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Supreme Petrochem
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Trienso
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global General-Purpose Polystyrene (GPPS) Market: Key Industry Highlights, 2018 and 2032
2. Global General-Purpose Polystyrene (GPPS) Historical Market: Breakup by Melt Flow Index (USD Million), 2018-2023
3. Global General-Purpose Polystyrene (GPPS) Market Forecast: Breakup by Melt Flow Index (USD Million), 2024-2032
4. Global General-Purpose Polystyrene (GPPS) Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global General-Purpose Polystyrene (GPPS) Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global General-Purpose Polystyrene (GPPS) Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global General-Purpose Polystyrene (GPPS) Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America General-Purpose Polystyrene (GPPS) Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America General-Purpose Polystyrene (GPPS) Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe General-Purpose Polystyrene (GPPS) Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe General-Purpose Polystyrene (GPPS) Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific General-Purpose Polystyrene (GPPS) Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific General-Purpose Polystyrene (GPPS) Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America General-Purpose Polystyrene (GPPS) Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America General-Purpose Polystyrene (GPPS) Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa General-Purpose Polystyrene (GPPS) Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa General-Purpose Polystyrene (GPPS) Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global General-Purpose Polystyrene (GPPS) Market Structure
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