Hong Kong Styrene Market (2025-2031) | Share, Outlook, Segmentation, Revenue, Analysis, Companies, Growth, Industry, Forecast, Value, Size & Trends

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: ETC5322837 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Hong Kong Styrene Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Hong Kong`s styrene import market saw a significant shift in 2024, with top exporters being Taiwan, South Korea, China, Kuwait, and Malaysia. The market concentration, as measured by the HHI index, increased from high to very high in just one year. The compound annual growth rate (CAGR) from 2020 to 2024 was -16.7%, indicating a decline in imports over the period. Furthermore, the growth rate from 2023 to 2024 plummeted by -44.3%, highlighting a sharp decrease in import activity within the industry. This data suggests a challenging landscape for styrene importers in Hong Kong.

Hong Kong Styrene Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Hong Kong Styrene Market Outlook
  • Market Size of Hong Kong Styrene Market, 2024
  • Forecast of Hong Kong Styrene Market, 2031
  • Historical Data and Forecast of Hong Kong Styrene Revenues & Volume for the Period 2021-2031
  • Hong Kong Styrene Market Trend Evolution
  • Hong Kong Styrene Market Drivers and Challenges
  • Hong Kong Styrene Price Trends
  • Hong Kong Styrene Porter`s Five Forces
  • Hong Kong Styrene Industry Life Cycle
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Acrylonitrile Butadiene Styrene (ABS) for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Expanded Polystyrene (EPS) for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Packaging Consumer Goods for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Offline for the Period 2021-2031
  • Historical Data and Forecast of Hong Kong Styrene Market Revenues & Volume By Online for the Period 2021-2031
  • Hong Kong Styrene Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Distribution Channel
  • Hong Kong Styrene Top Companies Market Share
  • Hong Kong Styrene Competitive Benchmarking By Technical and Operational Parameters
  • Hong Kong Styrene Company Profiles
  • Hong Kong Styrene Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Hong Kong Styrene Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Hong Kong Styrene Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Hong Kong Styrene Market Overview

3.1 Hong Kong Country Macro Economic Indicators

3.2 Hong Kong Styrene Market Revenues & Volume, 2021 & 2031F

3.3 Hong Kong Styrene Market - Industry Life Cycle

3.4 Hong Kong Styrene Market - Porter's Five Forces

3.5 Hong Kong Styrene Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Hong Kong Styrene Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Hong Kong Styrene Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Hong Kong Styrene Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for styrene-based products in various industries such as packaging, construction, and automotive

4.2.2 Growth in the manufacturing sector in Hong Kong leading to higher consumption of styrene

4.2.3 Technological advancements in styrene production processes improving efficiency and reducing costs

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials impacting the production cost of styrene

4.3.2 Stringent regulations related to environmental concerns and safety standards affecting production and supply chain

4.3.3 Economic uncertainties and geopolitical tensions impacting the overall market stability

5 Hong Kong Styrene Market Trends

6 Hong Kong Styrene Market Segmentations

6.1 Hong Kong Styrene Market, By Type

6.1.1 Overview and Analysis

6.1.2 Hong Kong Styrene Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F

6.1.3 Hong Kong Styrene Market Revenues & Volume, By Expanded Polystyrene (EPS), 2021-2031F

6.1.4 Hong Kong Styrene Market Revenues & Volume, By Others, 2021-2031F

6.2 Hong Kong Styrene Market, By Application

6.2.1 Overview and Analysis

6.2.2 Hong Kong Styrene Market Revenues & Volume, By Automotive, 2021-2031F

6.2.3 Hong Kong Styrene Market Revenues & Volume, By Construction, 2021-2031F

6.2.4 Hong Kong Styrene Market Revenues & Volume, By Packaging Consumer Goods, 2021-2031F

6.2.5 Hong Kong Styrene Market Revenues & Volume, By Others, 2021-2031F

6.3 Hong Kong Styrene Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 Hong Kong Styrene Market Revenues & Volume, By Offline, 2021-2031F

6.3.3 Hong Kong Styrene Market Revenues & Volume, By Online, 2021-2031F

7 Hong Kong Styrene Market Import-Export Trade Statistics

7.1 Hong Kong Styrene Market Export to Major Countries

7.2 Hong Kong Styrene Market Imports from Major Countries

8 Hong Kong Styrene Market Key Performance Indicators

8.1 Average selling price of styrene in Hong Kong

8.2 Utilization rate of styrene production facilities in the region

8.3 Number of new product launches using styrene-based materials in Hong Kong market

9 Hong Kong Styrene Market - Opportunity Assessment

9.1 Hong Kong Styrene Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Hong Kong Styrene Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Hong Kong Styrene Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Hong Kong Styrene Market - Competitive Landscape

10.1 Hong Kong Styrene Market Revenue Share, By Companies, 2024

10.2 Hong Kong Styrene Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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