According to the new research [152 Pages report]"Specialty Polystyrene Resin Market by Function (Protection, Insulation, Cushioning & Others), Application (Protective Packaging, Building & Construction, Automotive & Transportation, Electronics, Healthcare), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the Specialty Polystyrene Resin Market is projected to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The major factors driving the Specialty Polystyrene Resin Market include the increase in demand for protection from end-use industries such as packaging, building & construction, healthcare, and electrical & electronics.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Specialty Polystyrene Resin Market, By Function

7 Specialty Polystyrene Resin Market, By Application

8 Specialty Polystyrene Resin Market, By Region

9 Competitive Landscape

9 Competitive Landscape

11 Appendix

https://www.prnewswire.com/news-releases/specialty-polystyrene-resin-market-126-million-by-2023-exclusive-report-by-marketsandmarkets-tm--805390283.html

APAC has emerged as the leading consumer and producer of specialty polystyrene resin. The easy availability of low-cost labor and economical & accessible raw materials are driving foreign investments, which are increasing the production of specialty polystyrene resin in the region. APAC is also the fastest-growing Specialty Polystyrene Resin Market.

Key Market Players

The major vendors in the specialty polystyrene resin market are Sekisui Plastics Co., Ltd. (Japan), NOVA Chemicals Corporation (Canada), Synthos (Poland), BASF SE (Germany), SUNPOR KUNSTSTOFF GmbH (Austria), Atlas EPS (US), VERSALIS (Italy), SABIC (Saudi Arabia), LG Chem, Ltd. (South Korea), BEWiSynbra Group AB (publ) (Sweden), Samsung Fine Chemicals Co., Ltd (South Korea), Total S.A. (France), and Trinseo (US).

Sekisui Plastics Co., Ltd. (Japan), is one of the largest specialty polystyrene resin companies. This company has a strong global presence. It has a diversified product portfolio to cater to end-use industries according to their requirements. To sustain its dominating position, the company may enter into new industries and target new markets.

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Specialty Polystyrene Resin Market worth 126 million USD by 2023 at a CAGR of 2.64%