Styrene Manufacturing Market 2020 – Estimate CAGR Analysis, Technological Development Overview, Growth Trends and Competitive Research till 2027

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 Research Engine has published a new report titled as “Styrene Manufacturing Market Size By Product Type (Polystyrene, Expanded Polystyrene, Acrylonitrile Butadiene Styrene, Unsaturated Polyester Resins), By End-User Industry (Packaging, Construction, Consumer Durables, Electrical & Electronics), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2018-2024.”

Browse Full Report: https://www.marketresearchengine.com/styrene-manufacturing-market

Market Insights

The global Styrene Manufacturing market is Expected to exceed more than US$ 70 Billion by 2024 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

  • Polystyrene
  • Expanded Polystyrene
  • Acrylonitrile Butadiene Styrene
  • Unsaturated Polyester Resins
  • Others

Styrene Manufacturing Market, By End-User Industry

  • Packaging
  • Construction
  • Consumer Durables
  • Electrical & Electronics
  • Others

Styrene Manufacturing Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Styrene Manufacturing Market, By Company

  • 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

The report covers:

  • Global Styrene Manufacturing market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Styrene Manufacturing market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Styrene Manufacturing market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

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.

Reasons to Buy this Report:

  • Gain detailed insights on the Styrene Manufacturing industry trends
  • Find complete analysis on the market status
  • Identify the Styrene Manufacturing market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

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Table of Contents:

  1. Introduction
  2. Research Methodology
  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
  6. Styrene Manufacturing Market, By End-User Industry
  7. Styrene Manufacturing Market, By Geography
  8. Competitive Insights
  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

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