Global demand for PS, EPS to grow at CAGR of 4.7% from 2010 to 2020, reach 23.5 million tons by 2020; market researcher says; demand to be driven by developing markets such as China, India, Iran, Saudi Arabia and Brazil
Alison Gallant
DUBLIN
,
January 10, 2012
(press release)
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Research and Markets (http://www.researchandmarkets.com/research/330e9a/polystyrene_ps_a) has announced the addition of the "Polystyrene (PS) and Expandable Polystyrene (EPS) Global Market to 2020 - Continued Development in the Construction (EPS) and Packaging (PS) End-Use Segments to Accelerate Future Demand" report to their offering.
“Polystyrene (PS) and Expandable Polystyrene (EPS) Global Market to 2020 - Continued Development in the Construction (EPS) and Packaging (PS) End-Use Segments to Accelerate Future Demand”
GBI Research's report, Polystyrene (PS) and Expandable Polystyrene (EPS) Global Market to 2020 - Continued Development in the Construction (EPS) and Packaging (PS) End-Use Segments to Accelerate Future Demand, provides an in-depth analysis of the global polystyrene and expandable polystyrene industry.
The research presents detailed analysis and forecasts of the major economic and market trends affecting the polystyrene and expandable polystyrene markets across the world. The report contains demand, production analysis and forecasts, drivers and restraints, end-use analysis and forecasts, and market share analysis of the major producers around the world. It includes demand and production forecasts as well as historic and forecast price trends for all the major countries across the world. Overall, the report presents a comprehensive analysis of the global polystyrene and expandable polystyrene market covering all the major parameters.
Polystyrene and Expandable Polystyrene Market is Expected to Grow at a Healthy Rate of 5.6% from 2010-2020
The global demand for polystyrene and expandable polystyrene increased from 13 million tons in 2000 to around 14.9 million tons in 2010. The demand grew at a CAGR of 1.4% during 2000-2010. Packaging, construction, appliances and consumer electronics industries were the major consumers of polystyrene and expandable polystyrene.
Some of the major markets for polystyrene and expandable polystyrene have reached a saturation point, which has limited the demand growth for polystyrene and expandable polystyrene in those regions. The global demand for polystyrene and expandable polystyrene is rising within developing countries such as China, India, Iran, Saudi Arabia and Brazil.
In the forecast period 2010-2020, the global demand is expected to grow at a CAGR of 4.7%, to increase the overall demand for polystyrene and expandable polystyrene to 23.5 million tons by 2020.
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