A new report published by Transparency Market Research titled ‘Polystyrene and Expandable Polystyrene (EPS) Market for Building & Construction, Electrical & Electronics, Packaging and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020
Albany, NY -- (SBWIRE) -- 06/01/2015 -- The market will expand at a CAGR of 4.7% between 2014 and 2020. The global polystyrene and EPS market had a net worth of US$30.66 billion in 2013 and is further anticipated to reach US$42.11 billion by 2020.
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The study report discusses the segmentation of the market based on types of products and applications. It analyzes the current and future trends of the market in terms of volume (kilo tons) and revenue (USD million) from 2013 to 2020. The market has been segmented into product types as polystyrene and expandable polystyrene.
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In terms of applications, the Polystyrene and Expandable Polystyrene (EPS) market has been segmented into electrical & electronics, packaging, building and construction, and others. The other applications' segment includes plastic cutlery, disposable razors, plastic models, petri dishes, CD cases, and more.
Press Release: http://www.transparencymarketresearch.com/pressrelease/polystyrene-eps-market.htm
The report discusses how growth factors such as rising demand from the packaging industry in BRICS countries is fueling high growth into this market and the availability of high performance substitutes and volatility in prices of raw materials are expected to hamper market growth over the forecast period.
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The report studies the regional segmentation with estimates and forecast for Europe, China, North America, and Rest of Asia Pacific and Rest of the World. The market size and forecast for each region has been provided in the report for the period 2013 to 2020, along with the CAGR (%) for the forecast period from 2014 to 2020.
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