Global Styrene Sales Market Report 2020
Styrene, also known by the names of “phenylethene”, “vinyl benzene” or “ethenylbenzene”, is a colorless oily organic compound and a derivative of benzene. Styrene evaporates easily and serves as a precursor to polystyrene and several other copolymers. It occurs naturally in small quantities in different foods and plants and is also found in coal tar.
The global demand for styrene has been witnessing high growth on account of the emerging packaging and construction industry which has led to increasing demand for infrastructure facilities and consumer goods, especially in emerging regions such as Asia Pacific. The overall global production of styrene has been relocating to emerging economies, while developed industrialized regions such as Western Europe and the U.S. have considerably reduced their production capacities over the past few years. This trend occurred on account of the previous excessive increase in production at a time when the global demand for styrene rose at less dynamic rates or even declined during the global recession in 2008 - 09. Recent jump in benzene prices have led to various styrene manufacturers increasing the cost of their styrene products. Moreover, the collision of seasonally strong demand and low inventories with reduced styrene supply from propylene oxide/styrene monomer (POSM) facilities has further propelled styrene prices.
Market Analysis and Insights: Global Styrene Market
The global Styrene market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
Global Styrene Scope and Market Size
The global Styrene market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Styrene market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Styrene market is segmented into
Polystyrene
EPS
ABS
SBR
UPR
Thermoplastic Elastomers
Others
Segment by Application, the Styrene market is segmented into
Packaging
Construction
The Styrene market is analysed and market size information is provided by regions (countries). Segment by Application, the Styrene market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Styrene market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Styrene business, the date to enter into the Styrene market, Styrene product introduction, recent developments, etc.
The major vendors covered:
Bayer MaterialScience
CNPC
Dow Chemical
Lyondell Basell Chemical
Nova Chemicals
Shell Chemicals
Americas Styrenics
BASF
Chevron Phillips Chemical
LG Chem
Mitsubishi Chemical
The global demand for styrene has been witnessing high growth on account of the emerging packaging and construction industry which has led to increasing demand for infrastructure facilities and consumer goods, especially in emerging regions such as Asia Pacific. The overall global production of styrene has been relocating to emerging economies, while developed industrialized regions such as Western Europe and the U.S. have considerably reduced their production capacities over the past few years. This trend occurred on account of the previous excessive increase in production at a time when the global demand for styrene rose at less dynamic rates or even declined during the global recession in 2008 - 09. Recent jump in benzene prices have led to various styrene manufacturers increasing the cost of their styrene products. Moreover, the collision of seasonally strong demand and low inventories with reduced styrene supply from propylene oxide/styrene monomer (POSM) facilities has further propelled styrene prices.
Market Analysis and Insights: Global Styrene Market
The global Styrene market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
Global Styrene Scope and Market Size
The global Styrene market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Styrene market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Styrene market is segmented into
Polystyrene
EPS
ABS
SBR
UPR
Thermoplastic Elastomers
Others
Segment by Application, the Styrene market is segmented into
Packaging
Construction
The Styrene market is analysed and market size information is provided by regions (countries). Segment by Application, the Styrene market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Styrene Market Share AnalysisStyrene market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Styrene business, the date to enter into the Styrene market, Styrene product introduction, recent developments, etc.
The major vendors covered:
Bayer MaterialScience
CNPC
Dow Chemical
Lyondell Basell Chemical
Nova Chemicals
Shell Chemicals
Americas Styrenics
BASF
Chevron Phillips Chemical
LG Chem
Mitsubishi Chemical
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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