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Report overview

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.
This report aims to provide a comprehensive presentation of the global market for High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging. This report contains market size and forecasts of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging in global, including the following market information:
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Sales, 2018-2023, 2024-2029, (MT)
Global top five High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging companies in 2022 (%)
The global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market was valued at US$ 151.3 million in 2022 and is projected to reach US$ 92 million by 2029, at a CAGR of -6.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging key players include Styrolution, Total Petrochemicals, Trinseo, Versalis, SABIC, etc. Global top five players hold a share about 80%.
Europe is the largest market, with a share about 40%, followed by North America and China, having a total share about 45 percent.
In terms of product, Extrusion Molding is the largest segment, with a share about 55%. And in terms of application, the largest application is Packaging For Economical Medical Devices, followed by Work-in-progress Trays, Thermoformed Pharmaceutical Packaging, etc.
We surveyed the High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Segment Percentages, by Type, 2022 (%)
Extrusion Molding
Injection Molding
Other
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Segment Percentages, by Application, 2022 (%)
Work-in-progress Trays
Thermoformed Pharmaceutical Packaging
Packaging For Economical Medical Devices
Other
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging revenues share in global market, 2022 (%)
Key companies High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging sales in global market, 2018-2023 (Estimated), (MT)
Key companies High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging, market overview.
Chapter 2: Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market size in revenue and volume.
Chapter 3: Detailed analysis of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.