India Polystyrene (ps) Market Size & Outlook, 2022-2030
India polystyrene (ps) market, 2018-2030 (US$M)
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India polystyrene (ps) market highlights
- The India polystyrene (ps) market generated a revenue of USD 3,122.9 million in 2022 and is expected to reach USD 4,485.3 million by 2030.
- The India market is expected to grow at a CAGR of 4.6% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- MEDICAL is the most lucrative end use segment registering the fastest growth during the forecast period.
Polystyrene (ps) market data book summary
| Market revenue in 2022 | USD 3,122.9 million |
| Market revenue in 2030 | USD 4,485.3 million |
| Growth rate | 4.6% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | MEDICAL |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, CHIMEI, Atlas Engineered Products Ltd, Alpek SA Class A, Formosa Plastics Group, INEOS, Kumho Petrochemical, LG Chem, SABIC, Synthomer PLC, Trinseo PLC |
Other key industry trends
- In terms of revenue, India accounted for 7.3% of the global polystyrene (ps) market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polystyrene (ps) market is projected to lead the regional market in terms of revenue in 2030.
- Indonesia is the fastest growing regional market in Asia Pacific and is projected to reach USD 978.0 million by 2030.
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Polystyrene (PS) Market Scope
Polystyrene (PS) Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 53.9% in 2022. Horizon Databook has segmented the India 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.
- India Polystyrene (PS) End Use Outlook (Revenue, USD Million, 2018-2030)
- PACKAGING
- CONSTRUCTION
- ELECTRICAL & ELECTRONICS
- AUTOMOTIVE
- MEDICAL
- OTHER END USES
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Target buyers of India polystyrene (ps) market databook
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Our clientele includes a mix of polystyrene (ps) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India polystyrene (ps) market , including forecasts for subscribers. This country databook contains high-level insights into India polystyrene (ps) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India polystyrene (ps) market size, by end use, 2018-2030 (US$M)
India Polystyrene (PS) Market Outlook Share, 2022 & 2030 (US$M)
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