The market value of polystyrene was estimated to be US$20212 mln in 2012, and is projected to grow with a CAGR of about 5.1% from 2012 to 2018, as per a report by Research and Markets. The Asia-Pacific region emerged to be the driving factor for this market, contributing for approximately 46% of the global demand in terms of consumption in 2012. Brazil is the leading country in the consumption of polystyrene in the South America & MEA region, due to the availability of cheaper raw materials and high demand in plastics and related industries. The important emerging economies such as China and India are projected to witness high growth in this market in the future.
26-May-15 
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