Data, Facts, Background: Ceresana Publishes the First Complete Market Report Regarding Polystyrene
Summary
Konstanz, Germany, November 22, 2013 --( This worldwide most comprehensive report is exclusively available at Ceresana and offers complete transparency in regard to the current situation and future development for the first time.Even though Asia-Pacific is expected to expand its position as worldwide largest consumer, Africa, the Middle East, Eastern Europe, and South America are also projected to develop at dynamic growth rates.Industrialized countries in Western Europe and North America as well as Japan and South Korea have responded to the excess capacities by reducing production volume and refocusing on growth markets.Even though Asia-Pacific is expected to expand its position as worldwide largest consumer, Africa, the Middle East, Eastern Europe, and South America are also projected to develop at dynamic growth rates.Focus on High-Quality ProductsIn the past, capacity utilization of polystyrene plants averaged at only about 75%.Industrialized countries in Western Europe and North America as well as Japan and South Korea have responded to the excess capacities by reducing production volume and refocusing on growth markets.By now, manufacturers are more focused on quality than on quantity.