Global Styrenics Market 2022-2028

Global Styrenics Market 2022-2028

Styrenics, also called styrenic polymers, are a family of plastic materials that use styrene as the main building block. In general, styrenics have an amorphous structure that makes them easy to process, making them ideal for a wide range of applications. The global styrenics market market is projected to rise by USD 10 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 3.7 percent during the forecast period.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global styrenics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the styrenics industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for styrenics can be segmented by product: acrylonitrile butadiene styrene (ABS), expanded polystyrene (EPS), polystyrene (PS), styrene butadiene (SB) latex, styrene butadiene rubber (SBR), unsaturated polyester resins, others. Among these, the PS segment was accounted for the highest revenue generator in 2021. Styrenics market is further segmented by application: automotive, building and construction, consumer goods, electrical and electronics, packaging, others. The packaging segment is estimated to account for the largest share of the global styrenics market. Based on region, the styrenics market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific held the largest share of the global styrenics market in 2021 and is anticipated to hold its share during the forecast period.

By product:

• acrylonitrile butadiene styrene (ABS)
• expanded polystyrene (EPS)
• polystyrene (PS)
• styrene butadiene (SB) latex
• styrene butadiene rubber (SBR)
• unsaturated polyester resins
• others

By application:

• automotive
• building and construction
• consumer goods
• electrical and electronics
• packaging
• others

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

On the basis of country level, the market of styrenics is sub divided into USA, Canada, Mexico, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Brazil.

The report has also analysed the competitive landscape of the global styrenics market with some of the key players being Alpek S.A.B. de C.V., Americas Styrenics LLC, Asahi Kasei Corporation, BASF SE, Chevron Phillips Chemical LLC, Eni S.p.A., INEOS Styrolution Group GmbH, Lanxess AG, Lotte Chemical Corporation, Lyondellbasell Industries Holdings B.V., Nizhnekamskneftekhim PJSC, Reichhold LLC, Repsol S.A., Saudi Basic Industries Corporation (SABIC), Shell Chemical LP, Sibur Holding PAO, Synthos S.A., TotalEnergies SE, Trinseo S.A., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global styrenics market.
• To classify and forecast the global styrenics market based on product, application, region.
• To identify drivers and challenges for the global styrenics market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global styrenics market.
• To identify and analyze the profile of leading players operating in the global styrenics market.

Why Choose This Report

• Gain a reliable outlook of the global styrenics market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.