In 2018, global import value of polystyrene was recorded to be $5,861,151 with 12% growth from the preceding year. Considering the volume of production, total imports in terms of weight was 3,796,816 tons in the same year. Polystyrene owing to its lucrative properties such as high impact and heat resistance, good electrical insulation, excellent optical clarity, strong chemical resistance and flame retardant have scored rampant opportunities of application in various industries. Burgeoning scope of application in various verticals from automotive and construction to packaging and electronics industries, has elevated the global polystyrene market size as $27.6 billion in 2018. Along with economic cost price, substantial investment into R&D for ethical disposal of polystyrene is enhancing the ecological front of the market, hence adding further opportunities in the polystyrene market progressing with a global CAGR of 5.60% during the forecast period of 2019-2025. Considering th...