Specialty Polystyrene Resin Market Industry Analysis and Opportunity and Forecast To 2028
The increasing demand of speciality polystyrene resin from various industries apart from packaging industry such as construction and building, healthcare industries and medical companies is the major reason for the market facing a booming period. Strict government regulations for the emission of greenhouse gases have also led to the increase in demand for speciality polystyrene resins. Also, rapid growth in the automobile sector is positively impacting the demand for speciality polystyrene resins. The load bearing, tensile among others. are the applications of speciality polystyrene resins in the automobile sector. Rise in demand for its application in thermal insulation systems too will drive the market in upward direction.
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