North America Polystyrene Market by Application (Packaging, Electronics, Appliances, Construction and Others) & Country - Analysis and Forecast (2013-2019)

The North American polystyrene market, along with its end products, has witnessed a linear growth in the past few years and this growth is estimated to increase in the coming years. Polystyrene is a hard, brittle, and transparent synthetic resin produced by the polymerization of styrene. It is used in a wide range of applications such as building and construction, electrical and electronic appliances, consumer goods, and packaging. Polystyrene is a relatively inexpensive and light weight material. These major features create an upsurge in the demand for polystyrene, and the industrialization and growth in the plastic and rubber industry will be the key influencing factors for the North Amrican polystyrene market with the increased emphasis on its different applications.

The polystyrene market is witnessing enormous growth which is expected to continue in the near future, mainly driven by the highly growing Asia-Pacific, Europe, and North America and there have also been intense efforts at country level to promote recyclable polystyrene. Considerable amount of investments are made by different market players to serve the end-user applications in the future. The Asia-Pacific region is the main polystyrene market that accounted for approximately 38% market share of the total global demand in 2013. The North American region is further expected to register a high growth in the future, mainly due to the high growth potential of the plastic and rubber market.

Almost 40% of the total polystyrene demand was for the packaging applications in 2013, with the electronics and appliances industry also being the fastest-growing end-use segment, primarily due to high penetration in all the regions.

The drivers of the industry are: increasing demand from end-user industries, growing demand from the plastic and rubber industry, and lack of alternative sources

This study aims to estimate the North American market of polystyrene for 2013 and to project its demand by 2018. This market research study provides a detailed qualitative and quantitative analysis of the North American polystyrene market. Various secondary sources such as encyclopedia, directories, industry journals, and databases ghave been used to identify and collect information useful for this extensive commercial study of the polystyrene market. The primary sources – experts from related industries and suppliers - have been interviewed to obtain and verify critical information as well as to assess the future prospects of polystyrene.

Competitive scenarios of the top players in the polystyrene market have been discussed in detail. The leading players of this industry have been profiled with their recent developments and other strategic industry activities. These include: key polystyrene manufacturers such as Styrolution Petrochemicals (Germany), TOTAL Petrochemicals (France), Farmosa Plastic Corporation (Taiwan), BASF SE (Germany), Trinseo (U.S.), and others.

Scope of the report:

This research report categorizes the North American market for polystyrene on the basis of applications, end-user industries, and geography along with forecasting volume, value, and analyzing trends in each of the submarkets.

On the basis of applications:

• Packaging
• Electronics
• Appliances
• Construction
• Others

Each application is described in detail in the report with volume and revenue forecasts for each application.

On the basis of country:

• The U.S.
• Canada
• Mexico

Table of Contents

1 Introduction (Page No. - 10)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders
    1.4 Assumptions

2 Research Methodology (Page No. - 13)
    2.1 Integrated Ecosystem of Polystyrene Market
    2.2 Arriving at the Polystyrene Market Size
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Demand Side Approach

3 Executive Summary (Page No. - 18)

4 Market Overview (Page No. - 19)
    4.1 Introduction
    4.2 Polystyrene Market: Comparison With Styrenics Market
    4.3 Market Drivers & Inhibitors
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

5 Polystyrene Market, By Application (Page No. - 26)
    5.1 Introduction
    5.2 Polystyrene in Packaging, By Country
    5.3 Polystyrene in Electronics, By Country
    5.4 Polystyrene in Appliances, By Country
    5.5 Polystyrene in Construction, By Country
    5.6 Polystyrene in Other Applications, By Country

6 Polystyrene Market, By Country (Page No. - 38)
    6.1 Introduction
    6.2 U.S. Polystyrene Market
    6.3 U.S. Polystyrene Market, By Application
    6.4 Canada Polystyrene Market
    6.5 Canada Polystyrene Market, By Application
    6.6 Mexico Polystyrene Market
           6.6.1 Mexico Polystyrene Market, By Application

7 Polystyrene Market: Competitive Landscape (Page No. - 50)
    7.1 Polystyrene Market: Company Share Analysis
    7.2 Mergers & Acquisitions
    7.3 Expansions
    7.4 Joint Ventures
    7.5 New Product Development

8 Polystyrene Market, By Company (Page No. - 53)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    8.1 Styrolution ABS
    8.2 Total Petrochemicals
    8.3 Formosa Plastic Corporation (USA)
    8.4 BASF
    8.5 Trinseo (Styron)
*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not be Captured in Case of Unlisted Company

9 Appendix (Page No. - 69)
    9.1 Customization Options
           9.1.1 Technical Analysis
           9.1.2 Low-Cost Sourcing Locations
           9.1.3 Regulatory Framework
           9.1.4 Polystyrene Usage Data
           9.1.5 Impact Analysis
           9.1.6 Trade Analysis
           9.1.7 Historical Data and Trends
    9.2 Related Reports
    9.3 Introducing RT: Real Time Market Intelligence
           9.3.1 RT Snapshots

List of Tables (41 Tables)

Table 1 North America Polystyrene Market, By Application, 2014 (KT)
Table 2 Polystyrene(PS), Properties
Table 3 North America Polystyrene Market: Comparison With Styrenics Market, 2013 – 2019 (USD MN)
Table 4 North America Polystyrene Market: Comparison With Styrenics Market, 2013 – 2019 (KT)
Table 5 North America Polystyrene Market: Drivers & Inhibitors
Table 6 North America Polystyrene Market, By Application, 2013 - 2019 (USD MN)
Table 7 North America Polystyrene Market, By Application, 2013 - 2019 (KT)
Table 8 North America Polystyrene Market, By Country, 2013 - 2019 (USD MN)
Table 9 North America Polystyrene Market, By Country, 2013 - 2019 (KT)
Table 10 North America Polystyrene Market: Comparison With Application Markets, 2013 - 2019 (USD MN)
Table 11 North America Polystyrene Market, By Application, 2013 - 2019 (USD MN)
Table 12 North America Polystyrene Market, By Application, 2013 - 2019 (KT)
Table 13 North America Polystyrene in Packaging, By Country, 2013 - 2019 (USD MN)
Table 14 North America Polystyrene in Packaging, By Country, 2013 - 2019 (KT)
Table 15 North America Polystyrene in Electronics, By Country, 2013 - 2019 (USD MN)
Table 16 North America Polystyrene in Electronics, By Country, 2013 - 2019 (KT)
Table 17 North America Polystyrene in Appliances, By Country, 2013 - 2019 (USD MN)
Table 18 North America Polystyrene in Appliances, By Country, 2013 - 2019 (KT)
Table 19 North America Polystyrene in Construction, By Country, 2013 - 2019 (USD MN)
Table 20 North America Polystyrene in Construction, By Country, 2013 - 2019 (KT)
Table 21 North America Polystyrene in Other Applications, By Country, 2013 - 2019 (USD MN)
Table 22 North America Polystyrene in Other Applications, By Country, 2013 - 2019 (KT)
Table 23 North America Polystyrene Market, By Country, 2013 - 2019 (USD MN)
Table 24 North America Polystyrene Market, By Country, 2013 - 2019 (KT)
Table 25 U.S. Polystyrene Market, By Application, 2013 - 2019 (USD MN)
Table 26 U.S. Polystyrene Market, By Application, 2013 - 2019 (KT)
Table 27 Canada Polystyrene Market, By Application, 2013 - 2019 (USD MN)
Table 28 Canada Polystyrene Market, By Application, 2013 - 2019 (KT)
Table 29 Mexico Polystyrene Market, By Application, 2013 - 2019 (USD MN)
Table 30 Mexico Polystyrene Market, By Application, 2013 - 2019 (KT)
Table 31 Polystyrene Market: Company Share Analysis, 2013 (%)
Table 32 North America Polystyrene Market: Mergers & Acquisitions
Table 33 North America Polystyrene Market: Expansions
Table 34 North America Polystyrene Market: Joint Ventures
Table 35 North America Polystyrene Market: New Product Development
Table 36 Styrolution: Key Financials, 2012 - 2013 (USD MN)
Table 37 Total: Key Financials, 2010 - 2013 (USD MN)
Table 38 Farmosa Plastic Group: Key Financials, 2012 - 2013 (USD MN)
Table 39 BASF SE: Key Operations Data, 2009 - 2013 (USD MN)
Table 40 BASF SE: Key Financials, 2009 - 2013 (USD MN)
Table 41 Trinseo: Key Operations Data, 2009 - 2013 (USD MN)

List of Figures (38 Figures)

Figure 1 North America Polystyrene Market: Segmentation & Coverage
Figure 2 Polystyrene Market: Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Demand Side Approach
Figure 7 North America Polystyrene Market Snapshot, 2014
Figure 8 Polystyrene Market: Growth Aspects, 2014
Figure 9 North America Polystyrene Market, By Application, 2014 & 2019
Figure 10 Polystyrene: Application Market Scenario
Figure 11 North America Polystyrene Market, By Application, 2014 - 2019 (USD MN)
Figure 12 North America Polystyrene Market, By Application, 2014 - 2019 (KT)
Figure 13 North America Polystyrene Market in Packaging, By Country, 2013 - 2019 (USD MN)
Figure 14 North America Polystyrene Market in Electronics, By Country, 2013 - 2019 (USD MN)
Figure 15 North America Polystyrene Market in Appliances, By Country, 2013 - 2019 (USD MN)
Figure 16 North America Polystyrene Market in Construction, By Country, 2013 - 2019 (USD MN)
Figure 17 North America Polystyrene Market in Other Applications, By Country, 2013 - 2019 (USD MN)
Figure 18 North America Polystyrene Market: Growth Analysis, By Country, 2014 - 2019 (USD MN)
Figure 19 North America Polystyrene Market: Growth Analysis, By Country, 2013 - 2019 (KT)
Figure 20 U.S. Polystyrene Market Share, 2014 & 2019
Figure 21 U.S. Polystyrene Market, By Application, 2013 - 2019 (USD MN)
Figure 22 U.S. Polystyrene Market: Application Snapshot
Figure 23 Canada Polystyrene Market Share, 2014 & 2019
Figure 24 Canada Polystyrene Market, By Application, 2013 - 2019 (USD MN)
Figure 25 Canada Polystyrene Market: Application Snapshot
Figure 26 Mexico Polystyrene Market Share, 2014 & 2019
Figure 27 Mexico Polystyrene Market, By Application, 2013 - 2019 (USD MN)
Figure 28 Mexico Polystyrene Market: Application Snapshot
Figure 29 Polystyrene Market: Company Share Analysis, 2013 (%)
Figure 30 Styrolution Petrochemicals Revenue Mix, 2014 (%)
Figure 31 Styrolution: Revenue, 2012 - 2013 (USD MN)
Figure 32 Total Business Overview, 2013
Figure 33 Total, Key Financial Overview, 2013
Figure 34 Farmosa Plastic Group: Business Overview, 2013
Figure 35 Farmosa Plastic Group Revenue, 2012-13 (USD MN)
Figure 36 BASF SE Revenue Mix, 2013 (%)
Figure 37 Trinseo, Revenue Mix, 2013 (%)
Figure 38 Trinseo, Revenue, 2009 - 2013 (USD MN)

Polystyrene is a hard, brittle, and transparent synthetic resin produced by the polymerization of styrene. It has a wide range of applications in industries such as food-service industry for rigid trays and containers, disposable utensils, and foamed cups, plates and bowls, appliances, consumer electronics, and construction. Polystyrene is also blended/copolymerized with other polymers to provide rigidity and hardness to a number of important plastic and rubber products.

The North American polystyrene market is growing rapidly due to increasing GDP in the economy and industrialization. The demand of polystyrene is continuously influenced by the government regulations. It is preferred by many industries, as it is relatively inexpensive and a light weight material. Since many different grades of polystyrene are available in the market; the key players are increasingly focusing on offering the best implementation and aftersales services in order to gain a competitive advantage.

The North American polystyrene market, in terms of value, is projected to reach $5,730 million by 2018 from $4,443 million in 2013, at a CAGR of 5.2% during the same period. Industrialization, growth of the plastic and rubber industry, and lack of alternative sources are some of the key factors driving the market growth. On the other hand, preference to organic materials and environmental impacts of using polystyrene are estimated to restrain the market growth in the coming years.

Based on applications, the polystyrene market is segmented as packaging, electronics, appliances, construction, and other. Packaging accounts for the maximum share of the polystyrene market, in terms of value. It was estimated to be $1675 million in 2013 and is projected to reach to $2143 million in 2018, at a CAGR of 5.1%. The electronics and appliances are growing at CAGR 6% and 5.7%, respectively.

Based on countries, the U.S., Canada, and Mexico account for the maximum share of polystyrene market. The U.S. registers a share of $3,544 million in terms of value in 2013 and is projected to reach to $4,555 million by 2018, at a CAGR of 5.1%. The CAGR for Canada and Mexico are 5.9% and 5.3%, respectively.

The key participants operating in the North American polystyrene market are Styrolution Petrochemicals (Germany), TOTAL Petrochemicals (France), Farmosa Plastic Corporation(Taiwan), BASF SE (Germany), and Trinseo (U.S.). Other players in this market include Americas Styrenics (Texas, U.S.), Ineos Nova LLC (Illinois), and Unigel Quimica S.A. De C.V. (U.S.).