Global Polystyrene (ps) Market Size & Outlook, 2022-2030
Global polystyrene (ps) market, 2018-2030 (US$M)
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Global polystyrene (ps) market highlights
- The global polystyrene (ps) market generated a revenue of USD 42,961.2 million in 2022 and is expected to reach USD 58,906.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4% by 2030.
- In terms of segment, packaging accounted for a revenue of USD 23,501.2 million in 2022.
- MEDICAL is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Russia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 42,961.2 million |
| Market revenue in 2030 | USD 58,906.9 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | MEDICAL |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
Other key industry trends
- In terms of revenue, the North America accounted for 12.8% of the global polystyrene (ps) market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Russia is the fastest growing regional market and is projected to reach USD 699.2 million by 2030.
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Polystyrene (PS) Market Scope
Polystyrene (PS) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global polystyrene (ps) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polystyrene (ps) market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 54.7% in 2022. Horizon Databook has segmented the Global polystyrene (ps) market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Polystyrene (PS) End Use Outlook (Revenue, USD Million, 2018-2030)
- PACKAGING
- CONSTRUCTION
- ELECTRICAL & ELECTRONICS
- AUTOMOTIVE
- MEDICAL
- OTHER END USES
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Horizon Databook provides a detailed overview of global-level data and insights on the Global polystyrene (ps) market , including forecasts for subscribers. This global databook contains high-level insights into Global polystyrene (ps) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global polystyrene (ps) market size, by regions, 2018-2030 (US$M)
Top 10 countries: Polystyrene (ps) market size, 2022 (US$M)
Global polystyrene (ps) market share, by end use, 2022 & 2030 (%, US$M)
Polystyrene (ps) market: Opportunity assessment by country
Global polystyrene (ps) market, by region, 2022 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 5,285.6 | 5,472.6 | 5,323.8 | 5,406.3 | 5,510.6 | 5,633.8 | 5,768.5 | 5,922.6 | 6,091.3 | 6,281.8 | 6,466.0 | 6,643.7 | 6,821.8 | 2.7% |
| Europe | 6,339.8 | 6,537.6 | 6,322.9 | 6,389.5 | 6,480.0 | 6,592.4 | 6,714.2 | 6,855.7 | 7,011.2 | 7,188.4 | 7,354.6 | 7,509.9 | 7,661.6 | 2.1% |
| Asia Pacific | 23,601.3 | 24,883.5 | 24,680.3 | 25,536.3 | 26,523.6 | 27,630.2 | 28,834.3 | 30,176.2 | 31,639.1 | 33,267.0 | 34,916.5 | 36,587.8 | 38,318.5 | 4.7% |
| Latin America | 2,176.9 | 2,284.2 | 2,256.2 | 2,324.0 | 2,403.1 | 2,492.3 | 2,589.6 | 2,698.4 | 2,817.1 | 2,949.5 | 3,082.8 | 3,216.9 | 3,355.1 | 4.3% |
| MEA | 1,866.5 | 1,933.2 | 1,934.0 | 1,984.3 | 2,043.9 | 2,103.3 | 2,176.2 | 2,258.2 | 2,347.7 | 2,447.9 | 2,547.8 | 2,647.5 | 2,749.8 | 3.8% |
| Overall | 39,270.1 | 41,111.1 | 40,517.2 | 41,640.4 | 42,961.2 | 44,452.1 | 46,082.8 | 47,911.1 | 49,906.4 | 52,134.6 | 54,367.6 | 56,605.8 | 58,906.9 | 4.0% |
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