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Global Brominated Polystyrene (BPS) Market Growth 2023-2029

Global Brominated Polystyrene (BPS) Market Growth 2023-2029

Product Code:461466

Published Date: Feb 08,2023

Pages: 96

Region: Global

Category: Chemical & Material

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Brominated Polystyrene (BPS) is a high molecular halide that can be used as a flame retardant. Brominated polystyrene has a high bromine content and is mainly used in engineering plastics such as PA, PBT and PET.

LPI (LP Information)' newest research report, the “Brominated Polystyrene (BPS) Industry Forecast” looks at past sales and reviews total world Brominated Polystyrene (BPS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Brominated Polystyrene (BPS) sales for 2023 through 2029. With Brominated Polystyrene (BPS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Brominated Polystyrene (BPS) industry.

This Insight Report provides a comprehensive analysis of the global Brominated Polystyrene (BPS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Brominated Polystyrene (BPS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Brominated Polystyrene (BPS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Brominated Polystyrene (BPS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Brominated Polystyrene (BPS).

The global Brominated Polystyrene (BPS) market size is projected to grow from US$ 507.3 million in 2022 to US$ 673.4 million in 2029; it is expected to grow at a CAGR of 673.4 from 2023 to 2029.

Global main manufacturers of Brominated Polystyrene (BPS) include Albemarle, Lanxess and Shandong Brother, etc. The top three players hold a share about 72%. North America is the largest producer of Brominated Polystyrene (BPS), holds a share around 52%, followed by China and Europe, with share 25% and 16%, separately. The largest market is North America, holds a share about 28%, followed by Europe and China, with around 26% and 23% market share respectively.

This report presents a comprehensive overview, market shares, and growth opportunities of Brominated Polystyrene (BPS) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    High Molecular Weight BPS
    Low Molecular Weight BPS

Segmentation by application
    PA
    PBT
    PET
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Lanxess
    Albemarle
    ICL
    Shandong Brother
    Shandong Tianyi
    Sunris
    Shandong Runke
    Shouguang Derun

Key Questions Addressed in this Report
What is the 10-year outlook for the global Brominated Polystyrene (BPS) market?
What factors are driving Brominated Polystyrene (BPS) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Brominated Polystyrene (BPS) market opportunities vary by end market size?
How does Brominated Polystyrene (BPS) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?