Report overview
Styrene, also known by the names of ?phenylethene?, ?vinyl benzene? or ?ethenylbenzene?, is a colorless oily organic compound and a derivative of benzene. Styrene evaporates easily and serves as a precursor to polystyrene and several other copolymers. It occurs naturally in small quantities in different foods and plants and is also found in coal tar.
This report aims to provide a comprehensive presentation of the global market for Styrene, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Styrene. This report contains market size and forecasts of Styrene in global, including the following market information:
Global Styrene Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Styrene Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Styrene companies in 2022 (%)
The global Styrene market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global demand for styrene has been witnessing high growth on account of the emerging packaging and construction industry which has led to increasing demand for infrastructure facilities and consumer goods, especially in emerging regions such as Asia Pacific. The overall global production of styrene has been relocating to emerging economies, while developed industrialized regions such as Western Europe and the U.S. have considerably reduced their production capacities over the past few years. This trend occurred on account of the previous excessive increase in production at a time when the global demand for styrene rose at less dynamic rates or even declined during the global recession in 2008 - 09. Recent jump in benzene prices have led to various styrene manufacturers increasing the cost of their styrene products. Moreover, the collision of seasonally strong demand and low inventories with reduced styrene supply from propylene oxide/styrene monomer (POSM) facilities has further propelled styrene prices.
We surveyed the Styrene manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Styrene Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Styrene Market Segment Percentages, by Type, 2022 (%)
Polystyrene
EPS
ABS
SBR
UPR
Thermoplastic Elastomers
Others
Global Styrene Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Styrene Market Segment Percentages, by Application, 2022 (%)
Packaging
Construction
Global Styrene Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Styrene Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Styrene revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Styrene revenues share in global market, 2022 (%)
Key companies Styrene sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Styrene sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bayer MaterialScience
CNPC
Dow Chemical
Lyondell Basell Chemical
Nova Chemicals
Shell Chemicals
Americas Styrenics
BASF
Chevron Phillips Chemical
LG Chem
Mitsubishi Chemical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Styrene, market overview.
Chapter 2: Global Styrene market size in revenue and volume.
Chapter 3: Detailed analysis of Styrene manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Styrene in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Styrene capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
