Market Forecast By Production Process (Ethylbenzene dehydrogenation, Propylene oxide coproduct (PO/SM), And Others), By Consumption (Polystyrene, Expanded Polystyrene, Acrylonitrile Butadiene Styrene (ABS), Styrene-Butadiene Rubber, Styrene Butadiene Latex, Unsaturated Polyester Resins (UPR) And Others), By Regions (North America, Latin America, Europe, Asia-Pacific, And Middle East & Africa) and Competitive Landscape
Product Code: ETC001392 | Publication Date: Jul 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global styrene market report thoroughly covers the market by consumption, production process, regions including North America, Latin America, Europe, Asia Pacific, Middle East, and Africa, and key countries. The global Styrene market outlook report provides an unbiased and detailed analysis of the ongoing global Styrene market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
Global Styrene Market is anticipated to project growth during the upcoming years on account of the growing automobile industry coupled with increasing investment in the construction sector has led to an increase in demand for the styrene market globally. Moreover, with the growing demand-supply gap, the prices of styrene increased over the past five years resulting in a further surge in market revenues. Increasing government spending on construction projects such as South-North Water Transfer Project in China, the London cross rail project, the highspeed railway in California, Chuo Shinkansen in Japan, Beijing Airport in China and the great man-made river project in Libya would propel the growth of the styrene market across the globe. However, growing awareness about the harmful effects of styrene on the health of the people would hamper its growth over the coming years. The growing consumer electronics market coupled with increasing penetration of manufacturers to expand the production is adding to the Global Styrene Market Growth.
According to 6Wresearch, the Global Styrene Market size is anticipated to register growth during 2019-2025. The usage of styrene enhances the durability of wheel covers and other parts. Additionally, the various advantages offered by styrene such as low melting point, rigidity, and lightweight are one of the key factors propelling the growth of the industry. The rising growth of polystyrene and expandable polystyrene are expected to be the potential drivers of market growth in the coming timeframe. Both the polystyrene and expandable polystyrene tend to consume more than 50 percent of the total styrene output which is further, used in various industrial domains for the production of diversified industrial products and is expected to proliferate the sound growth of the Global styrene market in the foreseeable future and open vast avenues for the potential investors to seek sound growth prospects in the coming backed by sound investment in the market.
Global styrene market is projected to gain traction in the upcoming six years on the back of the rising use of personal safety products like bicycle helmets and car seats. Additionally, the rising food and beverages industries are estimated to gain traction in the coming timeframe owing to an increased need to preserve food in the containers that keep food fresh and hygiene therefore the rising use of styrene to manufacture food containers and lightweight protective packaging and is estimated to bolster the potential growth of the global styrene market in the upcoming six years.
Based on consumption, polystyrene captured the majority of the market revenues in 2018 due to its vast application in the packaging sector. However, the expanded polystyrene (EPS) along with Styrene Butadiene Rubber (SBR) segment is expected to lead the market revenues during the forecast period owing to increasing usage of the product in the construction industry.
Growing economies in the Asia Pacific region such as India and China dominated the global Styrene market revenues owing to increasing usage of styrene in infrastructural development projects in the region. Moreover, the growing energy application of Unsaturated Polyester Resins (UPR) in the Asia Pacific and North American regions would further propel the market growth during the forecast period.
The Global Styrene Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Global Styrene Market Overview |
3.1 Global Country Indicators |
3.2 Global Styrene Market Revenues, 2015-2025F |
3.3 Global Styrene Market Revenue Share, By Production Process, 2018 & 2025F |
3.4 Global Styrene Market Revenue Share, By Consumption, 2018 & 2025F |
3.5 Global Styrene Market Revenue Share, By Regions, 2018 & 2025F |
3.6 Global Styrene Market - Industry Life Cycle |
3.7 Global Styrene Market - Porter’s Five Forces |
4. Global Styrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Global Styrene Market Trends |
6. Global Styrene Market Overview, By Production Process |
6.1 Global Styrene Market Revenues, By Ethylbenzene Dehydrogenation, 2015-2025F |
6.2 Global Styrene Market Revenues, By Propylene oxide coproduct (PO/SM), 2015-2025F |
6.3 Global Styrene Market Revenues, By Others, 2015-2025F |
7. Global Styrene Market Overview, By Consumption |
7.1 Global Styrene Market Revenues, By Polystyrene, 2015-2025F |
7.2 Global Styrene Market Revenues, By Expanded Polystyrene, 2015-2025F |
7.3 Global Styrene Market Revenues, By Acrylonitrile Butadiene Styrene, 2015-2025F |
7.4 Global Styrene Market Revenues, By Styrene Butadiene Rubber, 2015-2025F |
7.5 Global Styrene Market Revenues, By Unsaturated Polyester Resins, 2015-2025F |
7.6 Global Styrene Market Revenues, By Styrene Butadiene Latex, 2015-2025F |
7.7 Global Styrene Market Revenues, By Others, 2015-2025F |
8 North America Styrene Market Overview |
8.1 North America Styrene Market Revenues, 2015-2025F |
8.2 North America Styrene Market Revenues, By Production Process, 2015-2025F |
8.3 North America Styrene Market Revenues, By Consumption, 2015-2025F |
8.4 North America Styrene Market Revenues, By Countries, 2015-2025F |
9 Latin America Styrene Market Overview |
9.1 Latin America Styrene Market Revenues, 2015-2025F |
9.2 Latin America Styrene Market Revenues, By Production Process, 2015-2025F |
9.3 Latin America Styrene Market Revenues, By Consumption, 2015-2025F |
9.4 Latin America Styrene Market Revenues, By Countries, 2015-2025F |
10 Europe Styrene Market Overview |
10.1 Europe Styrene Market Revenues, 2015-2025F |
10.2 Europe Styrene Market Revenues, By Production Process, 2015-2025F |
10.3 Europe Styrene Market Revenues, By Consumption, 2015-2025F |
10.4 Europe Styrene Market Revenues, By Countries, 2015-2025F |
11 Asia Pacific Styrene Market Overview |
11.1 Asia Pacific Styrene Market Revenues, 2015-2025F |
11.2 Asia Pacific Styrene Market Revenues, By Production Process, 2015-2025F |
11.3 Asia Pacific Styrene Market Revenues, By Consumption, 2015-2025F |
11.4 Asia Pacific Styrene Market Revenues, By Countries, 2015-2025F |
12 The Middle East and Africa Styrene Market Overview |
12.1 the Middle East and Africa Styrene Market Revenues, 2015-2025F |
12.2 the Middle East and Africa Styrene Market Revenues, By Production Process, 2015-2025F |
12.3 the Middle East and Africa Styrene Market Revenues, By Consumption, 2015-2025F |
12.4 the Middle East and Africa Styrene Market Revenues, By Countries, 2015-2025F |
13 Global Styrene Market - Key Performance Indicators |
14 Global Styrene Market - Opportunity Assessment |
14.1 Global Styrene Market Opportunity Assessment, By Production Process, 2025F |
14.2 Global Styrene Market Opportunity Assessment, By Consumption, 2025F |
15 Global Styrene Market Competitive Landscape |
15.1 Nigeria Styrene Market Revenues, 2015-2025F |
15.1 Global Styrene Market Revenue Share, By Companies, 2018 |
15.1.1 North America Styrene Market Revenue Share, By Companies, 2018 |
15.1.2 Latin America Styrene Market Revenue Share, By Companies, 2018 |
15.1.3 Europe Styrene Market Revenue Share, By Companies, 2018 |
15.1.4 Asia Pacific Styrene Market Revenue Share, By Companies, 2018 |
15.1.5 the Middle East and Africa Styrene Market Revenue Share, By Companies, 2018 |
15.2 Global Styrene Market Competitive Benchmarking, By Operating Parameters |
16 Company Profiles |
17 Strategic Recommendation |
18 Disclaimer |