World Analysis – Polystyrene

  • Market Overview
  • Key Benefits
  • Service Features
  • Annual Table of Contents

Market Overview

Duration: Long-term outlook to 2050

Polystyrene is very easy to process, and the high-temperature feature allows PS to be used for hot-filled treatments in food packaging (e.g., yogurt). Other major applications include disposable cups, appliance parts, household and food containers, toys, petri dishes, foam construction material (extruded polystyrene, or XPS), oriented films, and other packaging applications. While packaging is currently the largest demand segment for PS, the electronics, appliances, and consumer product markets will be the main demand drivers. Changing technologies and the move to smaller electronic devices and appliances are reducing PS resin consumption; however, the overall trend for the electronics industry remains positive and will support future PS demand growth.

PS faces competition from polypropylene (PP) and polyethylene terephthalate (PET). PS also competes against other traditional non-polymer materials, such as cardboard, paper, and even aluminum foil, in packaging applications. This is particularly true as pressures from recycling mandates and sustainability policies increase.

Polystyrene (PS) is produced from styrene monomer, which in turn is produced from benzene and ethylene. Styrene is a liquid and is easily transported long distances, so PS plants do not have to be located near their main feedstock, styrene monomer. Many PS plants consist of multiple lines, with one line optimized for General-purpose polystyrene (GPPS) and the other line optimized for High-impact polystyrene (HIPS) production.

Key Benefits

Duration: Long-term outlook to 2050


  • Maximize negotiating leverage with forward-looking country-specific supply-demand data.
  • Develop a winning strategy based on growth projections of market segments worldwide.
  • Gain clarity evaluating investment opportunities and analyzing market leadership out to 2050.
  • Mitigate risk with data about emerging international trade flows.

Data Included

The World Analysis – Polystyrene provides a comprehensive analysis and key insights of critical market developments as they shape the future outlook for the global polystyrene market.

The following reports, data files, analytical tools and visualization modules are available online and can be downloaded from the Chemical Market Analytics website:

  • Report outlining key strategic insights and the future shape of global and regional markets.
  • Data Appendix (Excel) with supply/demand and capacity tables
  • Explanatory Notes detailing data sources, methodologies, unit and conversion factors, and World Analysis deliverables on the Chemical Market Analytics website.
  • Energy and Economy assumptions
  • Price, cost and margin base assumptions forecast and sensitivities analysis, and price assessment methodology.
  • Excel data files with standard supply/demand graphics, trade grids, and price forecasts
  • Online dashboard providing visualization of capacity, supply/demand and price, cost and margin forecasts.
  • Supply/demand, capacity and price/economics database access via data browser
  • Capacity by company/shareholder, capacity integration, top producer/consumer and surplus/deficit capacity ranking

This World Analysis contains detailed information on capacities, production, demand and trade for all significant producing and consuming countries and regions. Although data gathering is essential for the understanding of history and potential future trends, we believe that the interpretation and analysis of the data is the most valuable part for our clients.

Service Features

Duration: Long-term outlook to 2050


Frequency: Bi-annual
Format: Excel
Timeframe: 10-year forecasts available from periods 1990 – 2050
Area Coverage: By country/region; include “hypothetical” capacity changes in the forecast period
Chemical Coverage: Polystyrene


Frequency: Updated daily
Format: Excel
Timeframe: 10-year forecasts available from periods 1990 – 2050

  • Nameplate capacity on individual plant location by producer and by the shareholder for main study products + key derivatives
  • Integration table and top producer and consumer ranking tables (includes net surplus/deficit)
Chemical Coverage: Polystyrene


Frequency: Quarterly
Format: Excel
Timeframe: up to 2050
Area Coverage: Forecasts for US, Europe & Asia w/ qualitative sensitivities
Chemical Coverage: Polystyrene


Frequency: Updated daily
Format: Excel
Timeframe: 10-year forecasts available from periods 1990 – 2050
Chemical Coverage: Polystyrene


Frequency: Bi-annual
Format: Excel
Timeframe: 1 year of history, up to 10 years of forecast
Area Coverage: Between partner countries and by region
Chemical Coverage: Polystyrene


Frequency: Annual
Format: PDF/HTML
Timeframe: 5-year history, forecast to 2050
Coverage: Regional market summaries

  • Production economics/snapshots for selected regions/processes
  • Production process/technology overview
Chemical Coverage: Polystyrene


  • Access to our global team of subject matter experts
  • Interactive data visualization module (dashboard)
  • Standard supply/demand graphs
  • Data appendix with supply/demand and capacity tables
  • Supply/demand and capacity database access via data browser

Annual Table of Contents

  • Introduction 4
  • Executive Overview 5
  • Strategic Insights 9
  • Economic Forecast Update 9
  • Polystyrene capacity expands toward the east 10
  • Virgin PS growth rates are slowing and will be negative in mature regions 12
  • Polystyrene faces substitution from many materials 13
  • Sustainability initiatives threaten long-term growth 14
  • Impact of supply chain disruptions and higher freight cost during the pandemic 15
  • North America 16
  • South America 19
  • West Europe 22
  • Central Europe 25
  • CIS and Baltic States 28
  • Africa 31
  • Middle East 33
  • Indian Subcontinent 36
  • Mainland China 39
  • Other Northeast Asia 42
  • Southeast Asia 45
  • Production Process Overview 48
  • Polystyrene 48
  • Production Process Economics 50
  • Explanatory Notes 50
  • Production Economics Tables 51
  • Price Forecast 54
  • Methodology 54
  • North America 55
  • Europe 56
  • Northeast Asia 58
  • Price Forecast Tables 59
  • Supply/Demand Forecast Methodology 62

Market Coverage

Buildings & Constructions

Consumer Products



Martin Wiesweg

Martin Wiesweg Executive Director, EMEA Polymers Chemical Market Analytics by OPIS

Mr. Wiesweg is the Executive Director of Polymers for EMEA Plastics at Chemical Market Analytics Martin Wiesweg is the executive director of the polymers team in Europe, the Middle East, and Africa at Chemical Market Analytics. His primary responsibilities focus on polystyrene, expandable polystyrene (EPS) and PET resin. With over 30 years of experience, Martin is a key resource within the business for understanding and insights into the polymer sector of the petrochemical industry. He works closely with the European plastics industry in the EMEA region, from producers to converters and brand owners, bringing insights and guidance throughout the polymer chains. His current area of focus includes oversight of the ‘European Plastics and Polymers Report, contributing to various reports, e.g., Global Plastics and Polymers Report, Global PET Stream Report and European Aromatics Monomer Report. as well as primary input and insight for the World Polystyrene, EPS and PET resin analyses. He is also an expert on plastics sustainability, supporting Chemical Market Analytics’s circular plastics service. Before Chemical Market Analytics, Martin spent over 20 years in the petrochemical industry. Within Huels AG, BP Chemical and Ineos Nova, he has had many responsibilities in technical and commercial departments, including technical service, marketing, sales and head of commercial management for speciality polymers. Mr. Wiesweg holds a master's degree in Physics from the University of Paderborn, Germany.      
Peter Feng

Peter Feng Vice President, Aromatics & Fibers Americas Chemical Market Analytics by OPIS

Mr. Peter Feng is the Vice President of Aromatics & Fibers Americas at Chemical Market Analytics. Peter Feng is the Vice President of Aromatics & Fibers. He is responsible for the North American Aromatics Service and covers the styrene, polystyrene and expandable polystyrene markets in the Americas for Chemical Market Analytics. With over 35 years of experience in various assignments, Peter has a breadth of knowledge in multiple disciplines and products. Peter is a key resource for understanding and insight into the aromatics sector of the petrochemical industry. Within the Americas, he leads the North American Aromatics Service. While his current area of focus is the products in the styrenics chain, he has covered many of the aromatics products at once. In addition to North American Aromatics, he contributes to several different services and is a key contributor to the World Styrene Analysis, World Polystyrene Analysis and World EPS Analysis. During his time at Chemical Market Analytics and predecessor companies, he has contributed to several bespoke client studies, including the development of a marketing plan for a new Middle East plant, a site assessment for a U.S. plant, strategic analysis for refineries and chemical plants, strategic purchasing analysis, etc. As a renowned expert, he has been sought after as a testifying expert in numerous legal cases. He is often a guest speaker at various conferences and industry events. Before his role in market consulting, he worked at Air Products and Sterling Chemicals. He had assignments in Process Engineering/Technology, Information Systems, Projects, Environmental, Supply Chain and Commercial teams during this time. Peter Feng has a Bachelor of Science and Master of Science in Chemical Engineering from Northwestern University and a Master of Business Administration from the University of Houston.

Looking for Short Term Analysis ?

Your Success, Our Priority
In a world where markets evolve rapidly, having the right insights is the key differentiator. Partner with us for critical market insights that propel you beyond competition. Your success is not just a goal, it's our commitment.
Contact us today to revolutionize your approach to business strategy with Market Insights!

View our Market Advisory Service

Talk To An Expert

These offers include recommended content or information on upcoming events. I can unsubscribe at any time.

By clicking the button below, you agree to the Dow Jones Privacy Notice and Cookie Notice.