Reports
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 (2018-2028); 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 2018-2022 and is expected to grow further at a CAGR of 4% in the forecast period of 2021 and 2026.
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Styrenics: Market 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.
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.
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 market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End Use, Region |
| Breakup by Type | Polystyrene, Acrylonitrile Butadiene, Expanded Polystyrene, Styrene Butadiene Rubber, Unsaturated Polyester Resin, Others |
| Breakup by End Use | Automotive, Specialty Chemical, Packaging, Construction, Wind Energy, Consumer Goods, Marine Accessories, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Chevron Phillips Chemical Company LP, Trinseo S.A., Hanwha Group, Ineos Group, BASF SE, NOVA Chemicals, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 Opportunities and Challenges in the Market
8 Global Styrenics Market Analysis
8.1 Key Industry Highlights
8.2 Global Styrenics Historical Market (2018-2022)
8.3 Global Styrenics Market Forecast (2023-2028)
8.4 Global Styrenics Market by Type
8.4.1 Polystyrene
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Acrylonitrile Butadiene
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Expanded Polystyrene
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Styrene Butadiene Rubber
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Unsaturated Polyester Resin
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Specialty Chemical
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Packaging
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Construction
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Wind Energy
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Consumer Goods
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Marine Accessories
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.5.8 Others
8.6 Global Styrenics Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Styrenics Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Styrenics Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Styrenics Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Styrenics Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Styrenics Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.3.1 Chevron Phillips Chemical Company LP
18.3.1.1 Company Overview
18.3.1.2 Product Portfolio
18.3.1.3 Demographic Reach and Achievements
18.3.1.4 Certifications
18.3.2 Trinseo S.A.
18.3.2.1 Company Overview
18.3.2.2 Product Portfolio
18.3.2.3 Demographic Reach and Achievements
18.3.2.4 Certifications
18.3.3 Hanwha Group
18.3.3.1 Company Overview
18.3.3.2 Product Portfolio
18.3.3.3 Demographic Reach and Achievements
18.3.3.4 Certifications
18.3.4 Ineos Group
18.3.4.1 Company Overview
18.3.4.2 Product Portfolio
18.3.4.3 Demographic Reach and Achievements
18.3.4.4 Certifications
18.3.5 BASF SE
18.3.5.1 Company Overview
18.3.5.2 Product Portfolio
18.3.5.3 Demographic Reach and Achievements
18.3.5.4 Certifications
18.3.6 NOVA Chemicals, Inc.
18.3.6.1 Company Overview
18.3.6.2 Product Portfolio
18.3.6.3 Demographic Reach and Achievements
18.3.6.4 Certifications
18.3.7 Others
19 Key Trends and Developments in the Market
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 Key Figures and Tables
1. Global Styrenics Market: Key Industry Highlights, 2018 and 2028
2. Global Styrenics Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Styrenics Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Styrenics Historical Market: Breakup by End Use (USD Million), 2018-2022
5. Global Styrenics Market Forecast: Breakup by End Use (USD Million), 2023-2028
6. Global Styrenics Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Styrenics Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Styrenics Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Styrenics Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Styrenics Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Styrenics Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Styrenics Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Styrenics Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Styrenics Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Styrenics Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Styrenics Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Styrenics Market Forecast: Breakup by Country (USD Million), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Styrenics Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4% between 2021 and 2026.
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 2023-2028, 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 Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2799-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
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
NEWSLETTER