Global High Impact PolyStyrene(HIPS) Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch's in-depth investigation and research, the global High Impact PolyStyrene(HIPS) market size will reach 1,605.14 Million USD in 2025 and is projected to reach 2,146.61 Million USD by 2032, with a CAGR of 4.24% (2025-2032). Notably, the China High Impact PolyStyrene(HIPS) market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.

Research Summary

High Impact Polystyrene (HIPS) is a type of thermoplastic polymer that belongs to the styrenic family. It is a versatile and impact-resistant material known for its combination of toughness and rigidity. HIPS is commonly used in the manufacturing of various products, including packaging materials, toys, appliances, and disposable items. The ＂high impact＂ designation indicates that the material has been modified to enhance its impact resistance compared to standard polystyrene. This modification is typically achieved by incorporating rubber or elastomeric materials into the polystyrene matrix. HIPS is known for its ease of processing through methods like injection molding and extrusion, making it a cost-effective choice for a wide range of applications where impact resistance and affordability are important factors.

The major global  manufacturers of High Impact PolyStyrene(HIPS) include Styrolution, Total Petrochemicals, Trinseo, Eni, CHIMEI, Formosa, Petrochemicals(Malaysia) Sdn Bhd, KKPC, SUPREME PETROCHEM, King Plastic Corporation, LG Chem, Taita Chemical, Grand Pacific Petrochemical, Zhengjiang CHIMEI, Total(China), SECCO, Formosa Plastics(Ningbo), RASTAR, Astor Chemical Industrial, BASF-YPC, SINOPEC(Guangdong), etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of High Impact PolyStyrene(HIPS). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global High Impact PolyStyrene(HIPS) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the High Impact PolyStyrene(HIPS) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of High Impact PolyStyrene(HIPS) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of High Impact PolyStyrene(HIPS) Include:

Styrolution

Total Petrochemicals

Trinseo

Eni

CHIMEI

Formosa

Petrochemicals(Malaysia) Sdn Bhd

KKPC

SUPREME PETROCHEM

King Plastic Corporation

LG Chem

Taita Chemical

Grand Pacific Petrochemical

Zhengjiang CHIMEI

Total(China)

SECCO

Formosa Plastics(Ningbo)

RASTAR

Astor Chemical Industrial

BASF-YPC

SINOPEC(Guangdong)

High Impact PolyStyrene(HIPS) Product Segment Include:

Extrusion Molding HIPS

Injection Molding HIPS

Other

High Impact PolyStyrene(HIPS) Product Application Include:

Packaging

Electronic Appliances

Consumer Products

Construction

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global High Impact PolyStyrene(HIPS) Capacity and Production Analysis

Chapter 3: Global High Impact PolyStyrene(HIPS) Industry PESTEL Analysis

Chapter 4: Global High Impact PolyStyrene(HIPS) Industry Porter's Five Forces Analysis

Chapter 5: Global High Impact PolyStyrene(HIPS) Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global High Impact PolyStyrene(HIPS) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global High Impact PolyStyrene(HIPS) Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, High Impact PolyStyrene(HIPS) Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources Show more