India Polystyrene Foam Market (2025-2031) Outlook | Growth, Size, Value, Share, Analysis, Forecast, Companies, Revenue, Industry & Trends

Market Forecast By Product (Expanded Polystyrene Foam, Extruded Polystyrene Foam), By End Use Industry (Packaging, Building & Construction, Others) And Competitive Landscape
Product Code: ETC342024 Publication Date: Aug 2022 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Polystyrene Foam Market Import Shipment Trend (2020-2024)

The India polystyrene foam market import shipments demonstrated robust growth from 2020 to 2024, with a notable CAGR of 15.9%. Momentum accelerated significantly between 2023 and 2024, registering a growth rate of 31.8%. The market expanded steadily, reflecting a strong upward trend throughout the period.

Graph Showing India polystyrene foam market Shipment Trend & Volume from 2020-2024

India Polystyrene Foam Market Synopsis

The polystyrene foam market in India demonstrates growth potential, driven by its use in insulation, packaging, and construction. Expanded and extruded polystyrene foams offer thermal insulation properties. However, environmental concerns surrounding foam waste necessitate innovation in recycling methods and alternative materials.

Drivers of the market

The India polystyrene foam market is set to grow due to several driving factors. Polystyrene foam`s insulation properties make it a preferred choice for the construction industry, driving demand for applications like thermal insulation and soundproofing. The packaging industry`s need for lightweight and protective materials further supports market growth. The growing demand for ready-to-eat food and beverages also contributes to the demand for polystyrene foam packaging. However, environmental concerns regarding foam waste and regulations promoting sustainable alternatives could impact the market.

Challenges of the Market

The polystyrene foam market in India serves industries like packaging, construction, and appliances. Challenges include environmental concerns related to foam waste, exploring biodegradable alternatives, and addressing health and safety perceptions. The industry needs to prioritize sustainable materials and contribute to waste management efforts.

Covid-19 Impact on the Market

The demand for polystyrene foam, commonly used in packaging and insulation, might have been influenced by changes in consumer behavior and the global economic slowdown caused by the pandemic.

Key Players of the Market

The India polystyrene foam market is set to expand due to applications in insulation and packaging. Challenges include environmental concerns related to foam waste. Notable players include Supreme Industries, BASF India, and Nova Petrochemicals.

Key Highlights of the Report:

  • India Polystyrene Foam Market Outlook
  • Market Size of India Polystyrene Foam Market, 2024
  • Forecast of India Polystyrene Foam Market, 2031
  • Historical Data and Forecast of India Polystyrene Foam Revenues & Volume for the Period 2021-2031
  • India Polystyrene Foam Market Trend Evolution
  • India Polystyrene Foam Market Drivers and Challenges
  • India Polystyrene Foam Price Trends
  • India Polystyrene Foam Porter's Five Forces
  • India Polystyrene Foam Industry Life Cycle
  • Historical Data and Forecast of India Polystyrene Foam Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of India Polystyrene Foam Market Revenues & Volume By Expanded Polystyrene Foam for the Period 2021-2031
  • Historical Data and Forecast of India Polystyrene Foam Market Revenues & Volume By Extruded Polystyrene Foam for the Period 2021-2031
  • Historical Data and Forecast of India Polystyrene Foam Market Revenues & Volume By End Use Industry for the Period 2021-2031
  • Historical Data and Forecast of India Polystyrene Foam Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of India Polystyrene Foam Market Revenues & Volume By Building & Construction for the Period 2021-2031
  • Historical Data and Forecast of India Polystyrene Foam Market Revenues & Volume By Others for the Period 2021-2031
  • India Polystyrene Foam Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By End Use Industry
  • India Polystyrene Foam Top Companies Market Share
  • India Polystyrene Foam Competitive Benchmarking By Technical and Operational Parameters
  • India Polystyrene Foam Company Profiles
  • India Polystyrene Foam Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Polystyrene Foam Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Polystyrene Foam Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Polystyrene Foam Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Polystyrene Foam Market Revenues & Volume, 2021 & 2031F

3.3 India Polystyrene Foam Market - Industry Life Cycle

3.4 India Polystyrene Foam Market - Porter's Five Forces

3.5 India Polystyrene Foam Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 India Polystyrene Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

4 India Polystyrene Foam Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for packaging materials in various industries

4.2.2 Growth in construction and infrastructure development projects

4.2.3 Rising disposable income leading to higher consumer spending on electronics and appliances

4.3 Market Restraints

4.3.1 Environmental concerns and regulations related to the use of polystyrene foam

4.3.2 Volatility in raw material prices affecting production costs

5 India Polystyrene Foam Market Trends

6 India Polystyrene Foam Market, By Types

6.1 India Polystyrene Foam Market, By Product

6.1.1 Overview and Analysis

6.1.2 India Polystyrene Foam Market Revenues & Volume, By Product, 2021-2031F

6.1.3 India Polystyrene Foam Market Revenues & Volume, By Expanded Polystyrene Foam, 2021-2031F

6.1.4 India Polystyrene Foam Market Revenues & Volume, By Extruded Polystyrene Foam, 2021-2031F

6.2 India Polystyrene Foam Market, By End Use Industry

6.2.1 Overview and Analysis

6.2.2 India Polystyrene Foam Market Revenues & Volume, By Packaging, 2021-2031F

6.2.3 India Polystyrene Foam Market Revenues & Volume, By Building & Construction, 2021-2031F

6.2.4 India Polystyrene Foam Market Revenues & Volume, By Others, 2021-2031F

7 India Polystyrene Foam Market Import-Export Trade Statistics

7.1 India Polystyrene Foam Market Export to Major Countries

7.2 India Polystyrene Foam Market Imports from Major Countries

8 India Polystyrene Foam Market Key Performance Indicators

8.1 Recycling rate of polystyrene foam in India

8.2 Adoption rate of sustainable alternatives to polystyrene foam

8.3 Number of new product innovations and applications using polystyrene foam

8.4 Investment in research and development for eco-friendly polystyrene foam solutions

9 India Polystyrene Foam Market - Opportunity Assessment

9.1 India Polystyrene Foam Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 India Polystyrene Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

10 India Polystyrene Foam Market - Competitive Landscape

10.1 India Polystyrene Foam Market Revenue Share, By Companies, 2024

10.2 India Polystyrene Foam Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All