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Vietnam Polystyrene Market By Industry Size, And Share, Manufacturers, Demand, Forecast 2027 - TechSci Research

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Vietnam polystyrene market is anticipated to grow with an impressive 4.5% CAGR value during the forecast years, 2023-2027, on the backbone of rising demands for the consumer electronics Increasing applications of expanded polystyrene for insulation and construction purposes is further driving the growth of the Vietnam polystyrene market in the upcoming five years. Growing development of the infrastructures like roofs, floor, and ceilings for creating an insulated exterior, is also expected to support the growth of the Vietnam polystyrene market in the next five years. Polystyrene is a polymer made from the monomer styrene. It is a liquid hydrocarbon that is manufactured from petroleum in large quantities. Though the compound is usually in a solid form, it can be melted at high temperature that can then be used for moulding and extrusion, and then resolidified. Expanded polystyrene is much denser than polystyrene. Since the polymer is flexible and versatile, it can be cut into sheets, ...