Market Forecast By Type (Acrylonitrile Butadiene Styrene (ABS), Expanded Polystyrene (EPS), Others), By Application (Automotive, Construction, Packaging Consumer Goods, Others), By Distribution Channel (Offline, Online) And Competitive Landscape
| Product Code: ETC348362 | Publication Date: Aug 2022 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Brazil continued to be a significant importer of styrene, with top suppliers including the USA, China, South Korea, Saudi Arabia, and Japan. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry saw impressive growth with a Compound Annual Growth Rate (CAGR) of 12.7% from 2020 to 2024. The growth momentum remained strong in 2024, with a notable growth rate of 18.58% compared to the previous year, reflecting the continued demand for styrene in Brazil`s market.

Brazil Styrene Market | Country-Wise Share and Competition Analysis
In the year 2021, Rep. of Korea was the largest exporter in terms of value, followed by Other Asia, nes. It has registered a growth of 74.87% over the previous year. While Other Asia, nes registered a growth of 301.98% as compare to the previous year. In the year 2017 Rep. of Korea was the largest exporter followed by Other Asia, nes. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Brazil has the Herfindahl index of 2071 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 1744 which signifies moderately concentrated in the market.

Brazil Styrene Market - Export Market Opportunities

|
1 Executive Summary |
|
2 Introduction |
|
2.1 Key Highlights of the Report |
|
2.2 Report Description |
|
2.3 Market Scope & Segmentation |
|
2.4 Research Methodology |
|
2.5 Assumptions |
|
3 Brazil Styrene Market Overview |
|
3.1 Brazil Country Macro Economic Indicators |
|
3.2 Brazil Styrene Market Revenues & Volume, 2021 & 2028F |
|
3.3 Brazil Styrene Market - Industry Life Cycle |
|
3.4 Brazil Styrene Market - Porter's Five Forces |
|
3.5 Brazil Styrene Market Revenues & Volume Share, By Type, 2021 & 2028F |
|
3.6 Brazil Styrene Market Revenues & Volume Share, By Application, 2021 & 2028F |
|
3.7 Brazil Styrene Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
|
4 Brazil Styrene Market Dynamics |
|
4.1 Impact Analysis |
|
4.2 Market Drivers |
|
4.2.1 Increasing demand for styrene-based products in industries such as automotive, packaging, and construction. |
|
4.2.2 Growing investments in infrastructure projects driving the demand for styrene in Brazil. |
|
4.2.3 Technological advancements in styrene production processes leading to cost efficiencies and improved product quality. |
|
4.3 Market Restraints |
|
4.3.1 Volatility in raw material prices impacting the overall production costs of styrene. |
|
4.3.2 Environmental regulations and sustainability concerns influencing the production and usage of styrene in Brazil. |
|
4.3.3 Fluctuations in global economic conditions affecting the export and import dynamics of styrene in the market. |
|
5 Brazil Styrene Market Trends |
|
6 Brazil Styrene Market, By Types |
|
6.1 Brazil Styrene Market, By Type |
|
6.1.1 Overview and Analysis |
|
6.1.2 Brazil Styrene Market Revenues & Volume, By Type, 2018 - 2028F |
|
6.1.3 Brazil Styrene Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2018 - 2028F |
|
6.1.4 Brazil Styrene Market Revenues & Volume, By Expanded Polystyrene (EPS), 2018 - 2028F |
|
6.1.5 Brazil Styrene Market Revenues & Volume, By Others, 2018 - 2028F |
|
6.2 Brazil Styrene Market, By Application |
|
6.2.1 Overview and Analysis |
|
6.2.2 Brazil Styrene Market Revenues & Volume, By Automotive, 2018 - 2028F |
|
6.2.3 Brazil Styrene Market Revenues & Volume, By Construction, 2018 - 2028F |
|
6.2.4 Brazil Styrene Market Revenues & Volume, By Packaging Consumer Goods, 2018 - 2028F |
|
6.2.5 Brazil Styrene Market Revenues & Volume, By Others, 2018 - 2028F |
|
6.3 Brazil Styrene Market, By Distribution Channel |
|
6.3.1 Overview and Analysis |
|
6.3.2 Brazil Styrene Market Revenues & Volume, By Offline, 2018 - 2028F |
|
6.3.3 Brazil Styrene Market Revenues & Volume, By Online, 2018 - 2028F |
|
7 Brazil Styrene Market Import-Export Trade Statistics |
|
7.1 Brazil Styrene Market Export to Major Countries |
|
7.2 Brazil Styrene Market Imports from Major Countries |
|
8 Brazil Styrene Market Key Performance Indicators |
8.1 Capacity utilization rate of styrene production facilities in Brazil. |
8.2 Average selling price of styrene in the domestic market. |
8.3 Percentage of styrene produced using sustainable and eco-friendly processes. |
8.4 Research and development investment in new styrene-based product development. |
8.5 Adoption rate of styrene substitutes in key industries. |
|
9 Brazil Styrene Market - Opportunity Assessment |
|
9.1 Brazil Styrene Market Opportunity Assessment, By Type, 2021 & 2028F |
|
9.2 Brazil Styrene Market Opportunity Assessment, By Application, 2021 & 2028F |
|
9.3 Brazil Styrene Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
|
10 Brazil Styrene Market - Competitive Landscape |
|
10.1 Brazil Styrene Market Revenue Share, By Companies, 2021 |
|
10.2 Brazil Styrene Market Competitive Benchmarking, By Operating and Technical Parameters |
|
11 Company Profiles |
|
12 Recommendations |
|
13 Disclaimer |