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Global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Lowest Price Available Length Published Date Report Id
from $3350.00 152 Pages 2019-04-13 1087323



High impact polystyrene, or HIPS, is a versatile plastic resin used in the manufacture of numerous products. Easy to fabricate, this resilient material costs little to produce and offers applications in many industries. Its physical properties permit flexible machining and surface applications such as paints and adhesives. The material can be used as packaging filler, pressed into board, molded into products, or delivered on sheets or rolls. Its characteristic dimensional stability permits it to be employed in low strength construction and in its natural translucent form makes it suitable for food processing applications.

First, for industry structure analysis, the HIPS for opaque rigid medical packaging industry is fragmented, but still more concentrated compared with the whole HIPS industry. Europe is the biggest production base of HIPS for opaque rigid medical packaging, followed by USA. The market shares in emerging markets are not high, but in fast growth.

Second, for production, the global production HIPS for opaque rigid medical packaging has reached 120 K MT by the end of year 2014, with annual growth rate around 2~4% during the past years. Despite the market of rigid medical packaging industry has been mature for many years, the development of HIPS in medical and health care industries is promising.

Third, for the market, the global HIPS for opaque rigid medical packaging market is worth over $250 mn, according to our survey. Actually, the overcapacity in HIPS might not be a good news to the investors, but still, its high performance in hit resistance and acceptable price compared with engineering plastics makes it still promising in the future.

Fourth, for price trend analysis, a key variable in the performance of HIPS for opaque rigid medical packaging producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The price of the major raw material PolyStyrene varies according to the crude oil price. This year, as the downturn of global crude oil industry, the HIPS price would keep decreasing for at least the following 5 years.

Fifth, for trade analysis, the import and export business of HIPS for opaque rigid medical packaging is frequent, with EU, USA and the leading exporter. The import business in Asia countries are frequent and local demand cannot be met with the production.

Sixth, for forecast, the global HIPS for opaque rigid medical packaging industry would keep increasing with annual growth rate with 1~3%, and a little higher speed in China. We tend to believe this industry now is now in fast development, and the demand increasing degree will show a smooth curve.

The global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market was 200 million US$ in 2018 and is expected to 110 million US$ by the end of 2025, growing at a CAGR of -7.1% between 2019 and 2025.

This report studies the High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include


Total Petrochemicals





PS Japan


King Plastic Corporation

Hong Kong Petrochemical


LG Chem


Zhengjiang CHIMEI

Formosa Plastics (Ningbo)

Astor Chemical Industrial

By the product type, the market is primarily split into

Extrusion molding

Injection molding


By the end users/application, this report covers the following segments

Work-in-progress trays

Thermoformed pharmaceutical packaging

Packaging for economical medical devices


We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States







South Korea








Rest of Asia-Pacific








Rest of Europe

Central & South America


Rest of Central & South America

Middle East & Africa

GCC Countries



South Africa

Rest of Middle East & Africa

The study objectives of this report are:

To study and analyze the global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.

To understand the structure of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Raw material suppliers


Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of High Impact PolyStyrene (HIPS) for Opaque Rigid Medical Packaging market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

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Global High Impact PolyStyrene HIPS for Opaque Rigid Medical Packaging market