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Global demand for polystyrene forecast to increase at 2% pa through 2011

16 Feb 2010 • by Natalie Aster

Demand for most resins fell by 20-24% on average, in Q4-08, while the market for polystyrene fell by 9% as per MarketPublishers.com. On a regional basis, the largest demand declines were seen in Western Europe, particularly the UK and Spain. Global demand for polystyrene (PS) is forecast to increase at about 2% pa through 2011. Growth will be driven by China's strong demand, which is expected to expand by 5.9%. North American demand will slide by 0.5% pa, while PS demand in Western Europe will fall 0.1% pa by 2011. The outlook for the US market remains negative, except for the food service packaging segment. Continued erosion of margins will lead to recommendations for price hikes. Total demand is anticipated to decrease by 0.5% pa through 2011.

Source: Plastemart

 

More reports available on the product:

Polystyrene (PS) Market Outlook 2010

Polystyrene (PS): 2010 World Market Outlook And Forecast

POLYSTYRENE (CAS 25086-18-4) Market Research Report 2010

The future of polystyrene (PS) in China

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Trends and Prospects in International Trade in Polystyrene Expansible, in Primary Forms

Trends and Prospects in International Trade in Polystyrene Other Than Expansible, in Primary Forms

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