Africa Baby Care Products Market - Infinium Global Research Global Polystyrene Market - IGR 2021 | Page 2

The report on Polystyrene
by Infinium Global Research analyses the
Polystyrene Market over the period of 2016 to 2021. This report also
provides detailed qualitative and quantitative analyses of the market
dynamics, market size and future trends in Global Polystyrene Market. It will
help a lot of decision makers to develop strategies and find new opportunities
in the Global Polystyrene Market.
The Global Polystyrene Market is expected grow at a CAGR between 5% and
5.5% over the period of 2016 to 2021.market is driven by rapid
industrialization and growing end use applications’ industry.Polystyrene,
thermoplastic resin, is a solid or foamed plastic formed by emulsion
polymerization of styrene. It is one of the most commonly used plastics due
to its large availability and economic per unit price. This is characterized by its
improved resistance to acids, oils and alcohols. The global polystyrene market
is expected grow at a CAGR between 5% and 5.5% over the period of 2016 to
2021. The global Polystyrene market is driven by rapid industrialization and
growing end use applications’ industry. Furthermore, rapid economic growth
in emerging markets such as India, China, Brazil and others is expected to
boost the market for polystyrene over the forecast period 2016 – 2021.
Moreover, economy prices and availability of polystyrene in bulk is anticipated
to support the growth in this market over the forecast period. However,
growing environmental concerns is one of the prime challenges/restraining
Infinium Global Research