Specialty Polystyrene Resin Market Overview:
The feasibility of manufacturing polystyrene in solid form of as foam makes it a favorable market with a moderate cumulative growth rate of 2.72% annually. The market is going to witness some ups and downs in the forecast period, as the key players of the market are looking forward to a wide range of possible combinations with polystyrene resin market.
DowDuPont, a leading shareholder in the Global Specialty Polystyrene Resin market, has proposed to break into a total of 3 entities, which might affect the market. 
Trinseo, a materials group, launched a general purpose polystyrene resin specifically for the healthcare sector. Trinseo, claims that the new resin offers the versatility of polystyrene with an extended notification of the change and additional feature of ISO 10993 compliance. 
SABIC is engaging in new capacity investments to build up its specialty plastics portfolio. 
INEOS Styrolution signed an agreement with Total S.A. for the undertaking of two polystyrenes (PS) production sites in Foshan and Ningbo and also two offices in Guangzhou and Shanghai. 
Specialty Polystyrene Resin Market Value and Growth:
The Global Specialty Polystyrene Resin market size was around $ 111 million by the end of 2018. It is expected to grow at CAGR of 2.72% to reach $ 127 million by 2023.
Specialty Polystyrene Resin Market Drivers and Restraints:
The urge to replace harmful plastic with PS plastic is a driving force in this market. The demand for newer drugs in the healthcare sector drives the polystyrene resin market.
As the polystyrene is a supporting good for many other major markets. It is totally dependent on other markets for a drastic change.
The changing policies of the leading companies are also restraint to the markets predictably.
Specialty Polystyrene Resin Market Segmentation Analysis:
Based on the type of function of the polystyrene resin the market is segmented into Protection, Insulation, Cushioning, and Others.
Protection is the major revenue generating sector in functions. The protection function of the polystyrene resin represents the following qualities needed in a resin tensile, bending absorbing impact, sudden force and load bearing among others
Based on the application of the Polystyrene Resin the Specialty Polystyrene Resin market is globally categorized into Protective Packaging, Building& Construction, Automotive & Transportation, Electronics, Healthcare, and others.
Of the above-mentioned applications, protective packing is anticipated to generate the highest revenue in this market, owing to the increasing demand in the healthcare sector, the pharmaceutical industry in specific.
Specialty Polystyrene Resin Market Geographical Analysis:
By geography, the Global Specialty Polystyrene Resin market is segmented as Latin America, Europe, Asia Pacific, Middle-East & Africa, and North America.
Asia Pacific topped the polystyrene resin market in terms of revenue generated at the end of 2018 and is expected to be the fastest-growing market, attributed to its high CAGR. Easy availability of raw materials in the region, low labor costs and a wide customer base in the emerging economies like India and China is the reason for the region to lead the global polystyrene resin market.
North America and Europe are almost equally stable in the market as major global giants in this field tend to invest in a low-cost region like the Asia Pacific than in North America and Europe.
Latin America and the Middle East & Africa negligibly contribute to the world market because of the low-income countries and low scope for such a product in the region.
Specialty Polystyrene Resin Market Key Market Players:
By the end of 2018, Sekisui Plastics Co., Ltd. (Japan), DowDuPont(US), Total S.A. (France), , BASF SE (Germany), SUNPOR KUNSTSTOFF GmbH (Austria), Synthos (Poland), Atlas EPS (US), VERSALIS (Italy), SABIC (Saudi Arabia), LG Chem Ltd. (South Korea), BEWiSynbra Group AB (publ) (Sweden), Samsung Fine Chemicals Co., Ltd (South Korea), NOVA Chemicals Corporation (Canada), and Trinseo (US) are the leading shareholders of the Global Specialty Polystyrene Resin market.
Specialty Polystyrene Resin Market Research Report Key Highlights:
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.6 Y-o-Y Growth Analysis, By Function
5.1.7 Market Attractiveness Analysis, By Function
5.1.8 Market Share Analysis, By Function
5.2.2 Protective Packaging
5.2.3 Building & Construction
5.2.4 Automotive & Transportation
5.2.8 Y-o-Y Growth Analysis, By Application
5.2.9 Market Attractiveness Analysis, By Application
5.2.10 Market Share Analysis, By Application
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Function
18.104.22.168 By Application
6.1.4 Market Attractiveness Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Function
188.8.131.52 By Application
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Function
18.104.22.168 By Application
6.2 North America
6.1.2 United States
6.3.6 South Korea
6.5 Latin America
6.4.5 Rest of Latin America
6.6 Middle East & Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.4 Sekisui Plastics Co.
8.5 Total S.A
8.6 SUNPOR KUNSTSTOFF GmbH
8.8 Atlas EPS
8.10 MLG Chem Ltd.
8.11 BEWiSynbra Group AB
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures