Styrene is a very important goods chemical used extensively within the manufacture of diverse polymers and copolymers, as well as styrene, acrylonitrile-butadiene-styrene (ABS), styrene-acry-lonitrile (SAN), styrene-butadiene latex, and styrene-butadiene rubber. Expanded styrene (EPS) is one in every of the foremost standard materials employed in the construction trade. One in every of the most important reasons is its cost-effectiveness, beside its ideal physical and mechanical properties for insulation needs. EPS is employed as insulation in roofs, walls, and foundations, and is an integral element of insulated concrete forms (ICFs), structural insulated panels (SIPs), and exterior insulation and end systems (EIFS). Styrene is wide employed in the packaging trade, as a result of its properties, like light-weight weight, durability, flexibility, thermal efficiency, and wetness impedance. Styrene is employed for packing food product, like fish, meat, fruits, milk product, processed foods, durable goods, natural philosophy, farming, serious product, and fragile pharmaceutical product, among others. What is more, styrene also provides a cheap and environment-friendly packaging resolution that doesn’t emit chlorofluorocarbons (CFC) or hydro-chlorofluorocarbons (HCFC). In addition, dynamical lifestyles and increasing quality of prepacked food are augmenting the expansion of the market. Thus, with the growing packaging wants across the world, the usage of styrene is projected to grow quickly during the forecast period.
Market Insights
The global Styrene Manufacturing market is Expected to be around US$ 76 Billion by 2027 at a CAGR of more than 3% in the given forecast period.
The global Styrene Manufacturing market is segregated on the basis of Product Type as Polystyrene, Expanded Polystyrene, Acrylonitrile Butadiene Styrene, Unsaturated Polyester Resins, and Others. Based on End-User Industry the global Styrene Manufacturing market is segmented in Packaging, Construction, Consumer Durables, Electrical & Electronics, and Others.
The global Styrene Manufacturing market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Styrene Manufacturing market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
BASF SE, Bayer AG, LG Chem, LyondellBasell Industries Holdings B.V., Nippon Steel & Sumikin Chemical Co. Ltd, Perlite Construction Co, Shuangliang Leasty Chemical, SINOPEC Qingdao Refining Corp. Ltd, Ashland Inc., Americas Styrenics, and others are among the major players in the global Styrene Manufacturing market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Styrene Manufacturing Market has been segmented as below:
Styrene Manufacturing Market, By Product Type
Styrene Manufacturing Market, By End-User Industry
Styrene Manufacturing Market, By Region
Styrene Manufacturing Market, By Company
The report covers:
Report Scope:
The global Styrene Manufacturing market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Styrene Manufacturing market share. Major industry players with significant revenue share include BASF SE, Bayer AG, LG Chem, LyondellBasell Industries Holdings B.V., Nippon Steel & Sumikin Chemical Co. Ltd, Perlite Construction Co, Shuangliang Leasty Chemical, SINOPEC Qingdao Refining Corp. Ltd, Ashland Inc., Americas Styrenics, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Styrene Manufacturing Market, By Product Type
5.1 Introduction
5.2 Polystyrene
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Expanded Polystyrene
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Acrylonitrile Butadiene Styrene
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Unsaturated Polyester Resins
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Others
5.6.1 Market Overview
5.6.2 Market Size and Forecast
6. Styrene Manufacturing Market, By End-User Industry
6.1 Introduction
6.2 Packaging
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Construction
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Consumer Durables
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Electrical & Electronics
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Others
6.6.1 Market Overview
6.6.2 Market Size and Forecast
7. Styrene Manufacturing Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Styrene Manufacturing, By Product Type
7.2.2 North America Styrene Manufacturing, By End-User Industry
7.3 Europe
7.3.1 Europe Styrene Manufacturing, By Product Type
7.3.2 Europe Styrene Manufacturing, By End-User Industry
7.4 Asia-Pacific
7.4.1 Asia-Pacific Styrene Manufacturing, By Product Type
7.4.2 Asia-Pacific Styrene Manufacturing, By End-User Industry
7.5 Rest of the World
7.5.1 Rest of the World Styrene Manufacturing, By Product Type
7.5.2 Rest of the World Styrene Manufacturing, By End-User Industry
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 BASF SE
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Bayer AG
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 LG Chem
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 LyondellBasell Industries Holdings B.V.
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Nippon Steel & Sumikin Chemical Co. Ltd
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Perlite Construction Co
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Shuangliang Leasty Chemical
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 SINOPEC Qingdao Refining Corp. Ltd
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Ashland Inc.
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Americas Styrenics
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Styrene Manufacturing Market has been segmented as below:
Styrene Manufacturing Market, By Product Type
Styrene Manufacturing Market, By End-User Industry
Styrene Manufacturing Market, By Region
Styrene Manufacturing Market, By Company
