Ceresana polystyrene polystyrene is published the first full market report a widespread, established plastic, found in everyday life in many areas. The Ceresana research analyzes and describes the global development of polystyrene in the currently published study. That this market is worth an in-depth study, shows only expected to be around $ 26 billion with polystyrene to be implemented in the year 2020. The world’s most comprehensive analysis of polystyrene provides complete transparency with regard to the current situation and the future development for the first time. For the first time, all market participants receive a complete overview of relevant data and facts, as well as wallpapers with this work. Emerging markets growth stimulate almost every second ton polystyrene is in demand in Asia-Pacific. Thus, the most important sales market, this region by far is followed by North America and Western Europe.
Ceresana predicts that the focus of future demand further moved to Asia-Pacific mainly at the expense of the saturated developed countries. The emerging markets, however, benefit from a continuous increase of prosperity and a mostly moderate population growth. Although Asia-Pacific is further expanding its leading position, Africa, the Middle East, Eastern Europe and South America have higher growth rates. Focus on high-quality products in the past was only about 75% the overall level of utilization of PS manufacturing plants. This established a partially massive reduction of capacity, as well as restructuring measures manufacturers. Particularly, the developed countries in Western Europe, North America as well as Japan and South Korea have reduced their investments due to the former capacity surplus and focuses on growth markets.
The manufacturer now more emphasis on quality than on quantity. Main features of polystyrene, such as surface gloss, toughness, resistance to stress cracking or flow behaviour, should this optimized and a wider range of applications be ensured. To meet the rising global demand, the production capacity must be removed but again.