As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Styrenics Market: By Type: Polystyrene, Acrylonitrile Butadiene, Expanded Polystyrene, Styrene Butadiene Rubber, Unsaturated Polyester Resin, Others; By End Use; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Styrenics Market Outlook

The global styrenics market witnessed a healthy growth in the historical period of 2015-2019 and is expected to grow further at a CAGR of 4% in the forecast period of 2020 and 2025.

 

Styrenics Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The Asia Pacific Region to Lead the Global Styrenics Market

Due to the fast growth in the building and packaging industries, the Asia Pacific has emerged as the leading styrenics market. Emerging markets within the region like India and China are projected to present lucrative growth prospects for the industry during the forecast period due to the increasing construction, automotive, and packaging industries within the countries. With the wind energy market expected to benefit from policy measures supporting wind energy in the Asia Pacific, the styrenics industry growth is expected to be further propelled forward in the region.

Over the forecast period, North America and Europe are expected to report modest growth due to market saturation. Most of the market growth is expected to stem from emerging regions due to the growing manufacturing, packaging, and consumer goods industries, which present tremendous growth opportunities for industry players. There are anticipated to be ample incentives for the market participants to invest in new product growth and technology innovations.

 

Styrenics: Industry Definition and Segmentation

Styrenics are thermoplastics that are derived from styrene. It is extensively used in the automotive industry in the high-gloss exterior products, including B-pillars, grilles for front, mirrors for rear views, backlights, external panels, and trimming. For automotive applications, styrenics are often adopted as a substitute for traditional plastics or synthetic elastomers.

Based on type, the industry can be divided as follows:

  • Polystyrene
  • Acrylonitrile Butadiene
  • Expanded Polystyrene
  • Styrenie Butadiene Rubber
  • Unsaturated Polyester Resin
  • Others

Styrenics find their end-uses in the following sectors:

  • Automotive
  • Specialty Chemical
  • Packaging
  • Construction
  • Wind Energy
  • Consumer Goods
  • Marine Accessories
  • Others

The regional markets for styrenics include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Styrenics Market by Type

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Demand from End-Use Industries to Propel the Global Styrenics Market Growth

One of the major trends in the styrenics market will be the increase in the infrastructural developments in emerging economies in the coming years. Thus, the industry is expected to witness heightened demand from the infrastructure and construction industries in the coming years. The rising demand for high-quality styrenics resins from end-use segments like wind energy, packaging, and automotive sectors is also boosting the overall growth of the styrenics market.

Medical devices, including tubing, wires, IV spikes, containers, liquid delivery systems, and medical packaging, among others, use styrenic polymers. The most common polymers used in manufacturing medical devices and packaging are polystyrene, SAN, and styrene block polymers like SEBS and SBS. Thus, the growth of the medical devices industry is expected to aid the growth of the global styrenics market. Polystyrene is the most commonly used styrene polymer for medical use, although the styrenics market is dominated by ABS copolymer. Styrenics are expected to witness heightened demand from the medical devices industry due to their favourable properties like flexibility, versatility, chemical inertness, and other aesthetic and physical properties.

 

Styrenics Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Industry Players in the Global Styrenics Market

The report gives a detailed analysis of the following key players in the global styrenics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Chevron Phillips Chemical Company LP
  • Trinseo S.A.
  • Hanwha Group
  • Ineos Group
  • BASF SE
  • NOVA Chemicals, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Styrenics Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Styrenics Historical Market (2015-2019) 
    8.3    Global Styrenics Market Forecast (2020-2025)
    8.4    Global Styrenics Market by Type
        8.4.1    Polystyrene
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Acrylonitrile Butadiene
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
        8.4.3    Expanded Polystyrene
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2015-2019)
            8.4.3.3    Forecast Trend (2020-2025)
        8.4.4    Styrene Butadiene Rubber
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2015-2019)
            8.4.4.3    Forecast Trend (2020-2025)
        8.4.5    Unsaturated Polyester Resin
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2015-2019)
            8.4.5.3    Forecast Trend (2020-2025)
        8.4.6    Others
    8.5    Global Styrenics Market by End Use
        8.5.1    Automotive
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Specialty Chemical
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Packaging
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Construction
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025)
        8.5.5    Wind Energy
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2015-2019)
            8.5.5.3    Forecast Trend (2020-2025)
        8.5.6    Consumer Goods
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2015-2019)
            8.5.6.3    Forecast Trend (2020-2025)
        8.5.7    Marine Accessories
            8.5.7.1    Market Share
            8.5.7.2    Historical Trend (2015-2019)
            8.5.7.3    Forecast Trend (2020-2025)
        8.5.8    Others
    8.6    Global Styrenics Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    12.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operations Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Company Profiles
        14.3.1    Chevron Phillips Chemical Company LP
            14.3.1.1    Company Overview
            14.3.1.2    Product Portfolio
            14.3.1.3    Demographic Reach and Achievements
            14.3.1.4    Certifications
        14.3.2    Trinseo S.A.
            14.3.2.1    Company Overview
            14.3.2.2    Product Portfolio
            14.3.2.3    Demographic Reach and Achievements
            14.3.2.4    Certifications
        14.3.3    Hanwha Group
            14.3.3.1    Company Overview
            14.3.3.2    Product Portfolio
            14.3.3.3    Demographic Reach and Achievements
            14.3.3.4    Certifications
        14.3.4    Ineos Group
            14.3.4.1    Company Overview
            14.3.4.2    Product Portfolio
            14.3.4.3    Demographic Reach and Achievements
            14.3.4.4    Certifications
        14.3.5    BASF SE
            14.3.5.1    Company Overview
            14.3.5.2    Product Portfolio
            14.3.5.3    Demographic Reach and Achievements
            14.3.5.4    Certifications
        14.3.6    NOVA Chemicals, Inc.
            14.3.6.1    Company Overview
            14.3.6.2    Product Portfolio
            14.3.6.3    Demographic Reach and Achievements
            14.3.6.4    Certifications
        14.3.7    Others
15    Industry Events and Developments

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Styrenics Market: Key Industry Highlights, 2015 and 2025
2.    Global Styrenics Historical Market: Breakup by Type (USD Million), 2015-2019
3.    Global Styrenics Market Forecast: Breakup by Type (USD Million), 2020-2025
4.    Global Styrenics Historical Market: Breakup by End Use (USD Million), 2015-2019
5.    Global Styrenics Market Forecast: Breakup by End Use (USD Million), 2020-2025
6.    Global Styrenics Historical Market: Breakup by Region (USD Million), 2015-2019
7.    Global Styrenics Market Forecast: Breakup by Region (USD Million), 2020-2025
8.    North America Styrenics Historical Market: Breakup by Country (USD Million), 2015-2019
9.    North America Styrenics Market Forecast: Breakup by Country (USD Million), 2020-2025
10.    Europe Styrenics Historical Market: Breakup by Country (USD Million), 2015-2019
11.    Europe Styrenics Market Forecast: Breakup by Country (USD Million), 2020-2025
12.    Asia Pacific Styrenics Historical Market: Breakup by Country (USD Million), 2015-2019
13.    Asia Pacific Styrenics Market Forecast: Breakup by Country (USD Million), 2020-2025
14.    Latin America Styrenics Historical Market: Breakup by Country (USD Million), 2015-2019
15.    Latin America Styrenics Market Forecast: Breakup by Country (USD Million), 2020-2025
16.    Middle East and Africa Styrenics Historical Market: Breakup by Country (USD Million), 2015-2019
17.    Middle East and Africa Styrenics Market Forecast: Breakup by Country (USD Million), 2020-2025
18.    North America Historical Price Trends and Forecast 2015-2025
19.    Europe Historical Price Trends and Forecast 2015-2025
20.    Asia Pacific Historical Price Trends and Forecast 2015-2025
21.    Latin America Historical Price Trends and Forecast 2015-2025
22.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
23.    Global Styrenics Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4% between 2020 and 2025.

The major drivers of the industry such as rising disposable incomes, growing adoption of renewable energy, increasing demand from the end-use sectors, and growing medical deviced industry are expected to aid the market growth.

The key market trend guiding the growth of the styrenics market includes the rising technological innovations in the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest market share.

The leading types of styrenics are polystyrene, acrylonitrile butadiene, expanded polystyrene, styrenics butadiene rubber, and unsaturated polyester resin, among others.

The major end-use segments in the industry are automotive, specialty chemical, packaging, construction, wind energy, consumer goods, and marine accessories, among others.

The major players in the industry are Chevron Phillips Chemical Company LP, Trinseo S.A., Hanwha Group, Ineos Group, BASF SE, and NOVA Chemicals, Inc., among others.

Analyst Review

The global styrenics market is being driven by rising demand from the end-use sectors. Aided by the growing technological advancements, the market is expected to witness a moderate growth in the forecast period of 2020-2025, growing at a CAGR of 4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the industry is segmented into polystyrene, acrylonitrile butadiene, expanded polystyrene, styrene butadiene rubber, and unsaturated polyester resin, among others. Based on end use, the industry is divided into automotive, specialty chemical, packaging, construction, wind energy, consumer goods, and marine accessories, among others. The major regional markets for styrenics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above market include Chevron Phillips Chemical Company LP, Trinseo S.A., Hanwha Group, Ineos Group, BASF SE, and NOVA Chemicals, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1099     $999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 2999     $1999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 3999     $2999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 4999     $3999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Cross Linked Polymers Market Report and Forecast 2020-2025



Global Neoprene Market Report and Forecast 2020-2025


Global Mineral Wool Ceiling Tiles Market Report and Forecast 2020-2025


NEWSLETTER