Technavio forecasts a USD 7.83 billion increase in the Polystyrene Market, with a 5.02% CAGR from 2023 to 2028. This growth is driven by heightened demand in the electrical and electronics sectors, where the material’s superior insulation and cushioning properties are vital. The requirement for long-lasting materials with effective insulation is a key factor in this growth. Additionally, the market is boosted by a rising emphasis on energy efficiency and sustainability, as foam insulation’s durability and thermal properties become increasingly valued. These elements contribute to the market’s expansion, highlighting the importance of advanced, sustainable insulation solutions across various industries.

Click here to download Polystyrene (PS) Market Sample PDF Click here to Contact us for more Information