Global Syndiotactic Polystyrene Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

Syndiotactic Polystyrene (or Syndiotactic Polystyrene, SPS) is a kind of crystal polystyrene engineering plastic which is different from normal polystyrene?s in spatial structure. The structure of the product is regularly alternately spaced and it makes its properties different from normal polystyrene especially the resistance of heat and drug. Syndiotactic Polystyrene provides a good balance and competes well against other materials in a wide variety of applications.
The Global Production Scale of Syndiotactic Polystyrene is small. Idemitsu Kosan and LG Chem are the only two manufacturers of pure Syndiotactic Polystyrene in the world now.

The Syndiotactic Polystyrene is used by adding other materials such as glass fiber to enhance its property. Both Idemitsu and LG Chem supply SPS compound in the world. Idemitsu has SPS compounds plants in Japan, China, the US and Germany and supplies the product with the brand name XAREC. LG Chem has SPS compound plant in South Korea. LG Chem supplies the products with the brand name LUSEP.

Idemitsu is the first company in the world to launch commercial production of the Syndiotactic Polystyrene and now Idemitsu is the world leader of the product in the world.

The entrance barrier of the Syndiotactic Polystyrene industry is the technology hurdle in the production of metallocene catalysts. Idemitsu, Dow Chemical and LG Chem are the few companies who have the technology of the production and application of the metallocene catalysts for the polymerization of Syndiotactic Polystyrene.

Global production of Syndiotactic Polystyrene is 8.92 K MT in 2015. Due to technical limitations, the development in Syndiotactic Polystyrene industry is slowly. In the future, we guess that the production will increase to 9.08 K MT by 2021.

Market Analysis and Insights: Global Syndiotactic Polystyrene Market
In 2019, the global Syndiotactic Polystyrene market size was US$ 55 million and it is expected to reach US$ 56 million by the end of 2026, with a CAGR of 0.2% during 2021-2026.
Global Syndiotactic Polystyrene Scope and Market Size
Syndiotactic Polystyrene market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Syndiotactic Polystyrene 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, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Syndiotactic Polystyrene market is segmented into
LG Chem product
Idemitsu Kosan product

Segment by Application, the Syndiotactic Polystyrene market is segmented into
Automotive
Membrane
Food and Medical container
Electronic components

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Syndiotactic Polystyrene Market Share Analysis
Syndiotactic Polystyrene market competitive landscape provides details and data information by companies. 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 sale and revenue by players for the period 2015-2020. Details included are company description, major business, Syndiotactic Polystyrene product introduction, recent developments, Syndiotactic Polystyrene sales by region, type, application and by sales channel.

The major companies include:
Styrolution
Sinopec
CNPC
FCFC
Lyondellbasell
Chevron Phillips
Ineos
DowDuPont
Sabic
Cosmer
Shell
Idemitsu

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