Title: Global Specialty Polystyrene Resin Market – Industry Trends and Forecast to 2026
1 Global Specialty Polystyrene Resin Market
Global Specialty Polystyrene Resin Market
Industry Trends and Forecast to 2026
Global Specialty Polystyrene Resin Market By
Function (Insulation, Protection, Cushioning
Others), Application (Healthcare, Building
Construction, Automotive Transportation,
Protective Packaging, Electrical Electronics,
Others), Geography (North America, South America,
Europe, Asia-Pacific, Middle East and Africa)
Industry Trends and Forecast to 2026
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2Report Description
Specialty polystyrene resin is type of
lightweight polymer foam that have high
weight-to-strength ratio. They are majorly used
as a protection layer in the packaging industry
due to its cells not being cross-linked, with its
molecular structure composing of individual cells
of polystyrene. Global Specialty Polystyrene
Resin Market is expected to rise from its initial
estimated value of USD 115 million in 2018
growing with a CAGR of 2.25 in the forecast
period of 2019-2026, resulting in a projected
value of USD 137.40 million by 2026. This
projected growth of the market value can be
attributed to the environmental friendly and
recyclable capabilities of the products.
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3Key Players
- Total, Innova
- RING Companies
- Trinseo
- Knauf Insulation
- LG Chem
- Polysource,
- Jackon GmbH
- Eastman Chemical Company
- Atlas Roofing Corporation
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4Competitive Landscape
Global specialty polystyrene resin market is
highly fragmented and the major players have used
various strategies such as new product launches,
expansions, agreements, joint ventures,
partnerships, acquisitions, and others to
increase their footprints in this market. The
report includes market shares of specialty
polystyrene resin market for global, Europe,
North America, Asia Pacific, South America and
Middle East Africa.
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