Global Styrene Monomer (SM) Market Growth 2023-2029

Global Styrene Monomer (SM) Market Growth 2023-2029

Styrene Monomer(SM), also known as ethenylbenzene, vinylbenzene and phenylethene, is an organic compound with the chemical formula C6H5CH=CH2. This derivative of benzene is a colorless oily liquid that evaporates easily and has a sweet smell, although high concentrations confer a less pleasant odor. Styrene Monomer(SM) is the precursor to polyStyrene Monomer(SM) and several copolymers.

Styrene Monomer(SM) is an important organic synthesis intermediate, which can be used for PS, ABS/SAN, UPR and SBR.

LPI (LP Information)' newest research report, the “Styrene Monomer (SM) Industry Forecast” looks at past sales and reviews total world Styrene Monomer (SM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Styrene Monomer (SM) sales for 2023 through 2029. With Styrene Monomer (SM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Styrene Monomer (SM) industry.

This Insight Report provides a comprehensive analysis of the global Styrene Monomer (SM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Styrene Monomer (SM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Styrene Monomer (SM) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Styrene Monomer (SM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Styrene Monomer (SM).

The global Styrene Monomer (SM) market size is projected to grow from US$ 52170 million in 2022 to US$ 76930 million in 2029; it is expected to grow at a CAGR of 76930 from 2023 to 2029.

China is the largest Styrene Monomer(SM) market with about 21% market share. Europe is follower, accounting for about 18% market share.

The key players are Styrolution, Lyondell Basell, Total, FCFC, SADAF, Shell, Americas Styrenics, Trinseo, Jubail Chevron, Asahi Kasei, LG Chemical, Pars Petrochemical, ENI, Lotte Chemical, Idemitsu, NIPPON STEEL & SUMIKIN CHEMICAL, Westlake Chemical, Denka, Sinopec, CNPC, CSPC, Tianjin Dagu Chemical, Shuangliang Leasty Chemical, New Solar, Huajin Chemical, Donghao Chemical, Yuhuang Chemical etc. Top 3 companies occupied about 17% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Styrene Monomer (SM) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Ethylbenzene Dehydrogenation Method

Ethylbenzene Oxidation Method

Segmentation by application

PS

ABS/SAN

UPR

SBR

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Styrolution

Lyondell Basell

Total

FCFC

SADAF

Shell

Americas Styrenics

Trinseo

Jubail Chevron

Asahi Kasei

LG Chemical

Pars Petrochemical

ENI

Lotte Chemical

Idemitsu

NIPPON STEEL & SUMIKIN CHEMICAL

Westlake Chemical

Denka

Sinopec

CNPC

CSPC

Tianjin Dagu Chemical

Shuangliang Leasty Chemical

New Solar

Huajin Chemical

Donghao Chemical

Yuhuang Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Styrene Monomer (SM) market?

What factors are driving Styrene Monomer (SM) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Styrene Monomer (SM) market opportunities vary by end market size?

How does Styrene Monomer (SM) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.