Drivers
One of the key factors expected to stimulate market growth during the forecast period is the multiple applications of brominated polystyrene in plastic manufacturing industry. Brominated polystyrene (BPS) is present in the form of white granules or powder that contain chemicals such as bromine (around 66%), chlorine (≤ 1.5), and other volatile content. It has a melting point of more than 150°C, thus provides excellent thermal stability and flow properties to high-temperature applications such as the production of injection molded products, printed circuit boards (PCBs), and textile coatings & intumescent paints.
Brominated Polystyrene provides outstanding thermal stability and electrical performance. It is particularly suitable for engineering plastic applications such as polyesters (Polyethylene Terephthalate (PET), Polybutylene Terephthalate (PBT), Polycyclohexylene Terephthalate (PCT)) and Polyamide (PA) nylons which has outstanding thermal stability. It is an ideal choice for high temperature applications such as engineering plastics.
Market Restraints
Overexposure to brominated polystyrene may lead to neurodevelopmental toxicity, thyroid effects, and other adverse effects on human health. Also, direct contact with BPS may cause skin corrosiveness, low inhalation, dry eye, respiratory tract mucosal irritation, parallel pain, dizziness, general weakness, nausea and vomiting, suffocation, pneumonia, and pulmonary edema. These concerns about the usage of BPS are expected to hinder the market growth to some extent.
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