| 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`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.

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 |