Polystyrene Prices, News, Demand and Supply | ChemAnalyst

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Polystyrene Prices Overview
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Market Overview Quarterly Update on Global
Polystyrene Market Asia   Asian Polystyrene
players have reported healthy margins due to
restocking activities by downstream packaging and
disposable sectors while some countries prepare
themselves for the upcoming festive season.
However, some plant turnarounds which are
expected in South Korea and Malaysia by the end
of the October month may impact the supply
chains. While the market still seems susceptible
to fluctuations in the upstream Styrene values,
Southeast Asian activity head towards improvement
as some regional importers increase their run
rates. Get more info https//www.chemanalyst.co
m/Pricing-data/polystyrene-ps--11
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Polystyrene Prices Overview
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Europe   The Q3 results of the European
Polystyrene remained satisfactory in
anticipations that demand from the construction
sector would gain focus in the upcoming months as
the region bounces back from the COVID led
disruptions. Steady demand for PS grades used for
food packaging and medical applications will
continue to widen the product margins. The
quarter ended with AmSty, INEOS Styrolution and
Trinseo signing a Joint Development Agreement
(JDA) to ensure the circularity of Polystyrene
through the first-of-its-kind Polystyrene
recycling plant in France to widen the product
scope.   North America   The third quarter proved
to be muted for the North American Polystyrene
industry. While demand from the medical and
packaging sector remained resilient, the demand
from larger segments, such as appliances,
automotive and construction, are yet to show
significant improvement due to high unemployment
rates and hovering uncertainty in the economic
growth. Polystyrene players maintained their run
rates around 70-75 to grapple with the softening
margins.  How we can help ChemAnalyst addresses
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material availability, supply chain
functionality, disruption in technology and so
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in an efficient and agile manner. Timeliness and
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3
Polystyrene Prices Overview
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• Methodology
• ChemAnalyst gathers information through primary
  research surveys conducted with various
  Polystyrene manufacturers, spread across
  the domestic and international markets, suppliers
  and dealers/distributors to gain insights
  into value-chains and demand-supply scenario to
  assess the market situation. Thorough study of
  the companys annual reports and secondary
  sources such as exhaustive search on credible
  paid databases, including our internal database
  is done to verify the information. All the
  collected information is analyzed, evaluated and
  presented in chronological order to depict a
  meaningful and clear picture of the concerned
  market.
•  
• Our dedicated team of industry experts
  comprehensively monitors and analyzes various
  aspects of the Global Polystyrene market. The
  team analyzes various industrial segments,
  strategic viewpoints and provides an analysis of
  the industrys performance in the long run. This
  would enable our clients in efficiently plan
  their future investments, mitigate risk,
  understand the cost dynamics and strike out a
  balance amidst market volatility.
•  
• Critical examination of the impact of COVID-19
  pandemic on the global supply chains and shift in
  demand patterns with change in buying behavior of
  consumers across the globe.
•  
• Several ongoing development projects across
  industries are tracked, followed by the details
  of major projects in the development stage, which
  can positively or negatively influence Global
  Polystyrene market.
•  
• Pricing is captured through exhaustive primary
  interviews with domestic and international
  manufacturers, traders and importers and
  customers on daily, weekly, monthly and yearly
  basis.
•  
• Finally, region-specific markets for Polystyrene
  are analyzed and region-wise demand pattern is
  tracked.

4
Polystyrene Prices Overview
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About Polystyrene (PS) is a thermoplastic resin
made by polymerizing styrene monomer (SM). Be it
solid or foam, polystyrene possesses
extraordinary characteristics and is one of the
most widely used materials in many areas such as
disposables, domestic appliances, electronic
items, toys, household appliances, furniture and
foams for construction. Polystyrene can be
manufactured by two processes- the first one is
the most common and conventional method using
Ethyl Benzene (EB) as a precursor, in which
Ethylbenzene is dehydrogenated to yield Styrene
and the second one is the Propylene Oxide (PO)
route wherein Styrene is derived as a by-product
and PO is considered as the main product. PS is
available in several forms general purpose
(GPPS), medium impact and high impact (HIPS).
Different grades of PS produced are used for
different set of applications in several
downstream industries.