Global (AMER, APAC, BRICS and EMEA) High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

  • TBI472571
  • November 29, 2020
  • Global
  • 134 pages
  • TSCIR
                                          

Abstract, Snapshot, Market Analysis & Market Definition: High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market

High impact polystyrene, or HIPS, is a versatile plastic resin used in the manufacture of numerous products. Easy to fabricate, this resilient material costs little to produce and offers applications in many industries. Its physical properties permit flexible machining and surface applications such as paints and adhesives. The material can be used as packaging filler, pressed into board, molded into products, or delivered on sheets or rolls. Its characteristic dimensional stability permits it to be employed in low strength construction and in its natural translucent form makes it suitable for food processing applications. First, for industry structure analysis, the HIPS for opaque rigid medical packaging industry is fragmented, but still more concentrated compared with the whole HIPS industry. Europe is the biggest production base of HIPS for opaque rigid medical packaging, followed by USA. The market shares in emerging markets are not high, but in fast growth. Second, for production, the global production HIPS for opaque rigid medical packaging has reached 120 K MT by the end of year 2014, with annual growth rate around 2~4% during the past years. Despite the market of rigid medical packaging industry has been mature for many years, the development of HIPS in medical and health care industries is promising. Third, for the market, the global HIPS for opaque rigid medical packaging market is worth over $250 mn, according to our survey. Actually, the overcapacity in HIPS might not be a good news to the investors, but still, its high performance in hit resistance and acceptable price compared with engineering plastics makes it still promising in the future. Fourth, for price trend analysis, a key variable in the performance of HIPS for opaque rigid medical packaging producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The price of the major raw material PolyStyrene varies according to the crude oil price. This year, as the downturn of global crude oil industry, the HIPS price would keep decreasing for at least the following 5 years. Fifth, for trade analysis, the import and export business of HIPS for opaque rigid medical packaging is frequent, with EU, USA and the leading exporter. The import business in Asia countries are frequent and local demand cannot be met with the production. Sixth, for forecast, the global HIPS for opaque rigid medical packaging industry would keep increasing with annual growth rate with 1~3%, and a little higher speed in China. We tend to believe this industry now is now in fast development, and the demand increasing degree will show a smooth curve. In 2019, the market size of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging is 185.7 million US$ and it will reach 110.9 million US$ in 2025, growing at a CAGR of -7.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging. This report studies the global market size of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

Market Segmentation, Outlook & Regional Insights: High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:

  • Extrusion molding
  • Injection molding
  • Other

Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:

  • Work-in-progress trays
  • Thermoformed pharmaceutical packaging
  • Packaging for economical medical devices
  • Other

Key Players, Recent Developments & Sector Viewpoints: High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market

  • Styrolution
  • Total Petrochemicals
  • Trinseo
  • Versalis
  • SABIC
  • KKPC
  • PS Japan
  • CHIMEI
  • King Plastic Corporation
  • Hong Kong Petrochemical
  • Formosa
  • LG Chem
  • Total(China)
  • Zhengjiang CHIMEI
  • Formosa Plastics (Ningbo)
  • Astor Chemical Industrial

Key Insights Covered: Exhaustive High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market

1. Market size (sales, revenue and growth rate) of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging industry. 2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging industry. 3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging industry. 4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging industry.

Research Methodology: High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market

  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.

1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type

1.3.1 Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Size Growth Rate by Type (2019-2025)

1.3.2 Extrusion molding

1.3.3 Injection molding

1.3.4 Other
1.4  

1.4.1 Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Share by Application (2019-2025)

1.4.2 Work-in-progress trays

1.4.3 Thermoformed pharmaceutical packaging

1.4.4 Packaging for economical medical devices

1.
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