| Product Code: ETC8636264 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the declining CAGR and negative growth rate in 2024, Nigeria continues to import Styrene Acrylonitrile (SAN) resins predominantly from China, Taiwan, UK, Netherlands, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with these top exporting countries dominating the supply chain. The challenging market conditions suggest potential shifts in trade dynamics, impacting both import volumes and market competition within the SAN industry in Nigeria. Stakeholders should closely monitor these trends to adapt their strategies accordingly.

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 Nigeria Styrene Acrylonitrile (SAN) Resins Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Styrene Acrylonitrile (SAN) Resins Market - Industry Life Cycle |
3.4 Nigeria Styrene Acrylonitrile (SAN) Resins Market - Porter's Five Forces |
3.5 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Styrene Acrylonitrile (SAN) Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and electronics industries |
4.2.2 Growth in construction and infrastructure projects in Nigeria |
4.2.3 Rising disposable income leading to higher consumer spending on durable goods |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as styrene and acrylonitrile |
4.3.2 Concerns regarding environmental impact and sustainability of SAN resins |
4.3.3 Competition from alternative materials like polypropylene and polyethylene |
5 Nigeria Styrene Acrylonitrile (SAN) Resins Market Trends |
6 Nigeria Styrene Acrylonitrile (SAN) Resins Market, By Types |
6.1 Nigeria Styrene Acrylonitrile (SAN) Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Emulsion, 2021- 2031F |
6.1.4 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Continuous Mass Polymerization, 2021- 2031F |
6.1.5 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Suspension, 2021- 2031F |
6.2 Nigeria Styrene Acrylonitrile (SAN) Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.3 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Consumer goods, 2021- 2031F |
6.2.4 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Building & construction, 2021- 2031F |
6.2.5 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Electrical & electronic appliances, 2021- 2031F |
6.2.6 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.7 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenues & Volume, By Medical Supplies, 2021- 2031F |
7 Nigeria Styrene Acrylonitrile (SAN) Resins Market Import-Export Trade Statistics |
7.1 Nigeria Styrene Acrylonitrile (SAN) Resins Market Export to Major Countries |
7.2 Nigeria Styrene Acrylonitrile (SAN) Resins Market Imports from Major Countries |
8 Nigeria Styrene Acrylonitrile (SAN) Resins Market Key Performance Indicators |
8.1 Average selling price of SAN resins in Nigeria |
8.2 Percentage of SAN resin imports in Nigeria's total resin imports |
8.3 Number of new product launches in the SAN resin market in Nigeria. |
9 Nigeria Styrene Acrylonitrile (SAN) Resins Market - Opportunity Assessment |
9.1 Nigeria Styrene Acrylonitrile (SAN) Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Styrene Acrylonitrile (SAN) Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Styrene Acrylonitrile (SAN) Resins Market - Competitive Landscape |
10.1 Nigeria Styrene Acrylonitrile (SAN) Resins Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Styrene Acrylonitrile (SAN) Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |