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PS Resin Market: Versatile Solutions for Diverse Applications

The PS resin (polystyrene) market is experiencing growth due to its wide-ranging applications in packaging, construction, and consumer goods. As industries focus on sustainable materials, the development of recyclable and biodegradable PS resin variants is driving innovation. The market is set to expand further with rising demand from the packaging and construction sectors.

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The global PS resin market size is expected to grow significantly from USD 25.3 billion in 2023 to USD 37.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.5%.