Global Styrene Market Growth, Overview with Detailed Analysis 2024-2030


Posted January 10, 2024 by falguni23

In terms of revenue, the Asia Pacific region controlled more than 58 .0% of the global market for styrene in 2021

 
Styrene Market Report Overview

Maximize Market Research published reports that help clients understand the Styrene market structure in-depth. The report which is a combination of primary and secondary research gives thorough details about the Styrene market, trade statistics, leading players, and various market metrics.

Styrene Market Report Scope and Research Methodology

The report provides business statistics and analytical insights to help you understand the Styrene market size, market share, growth, trends, demand, top players, industry profile, opportunities, value chain, end-users, types, and applications in plain language. The bottom-up approach was used to estimate the global and regional Styrene market size. Both primary and secondary research methodologies were used to clearly present the Styrene market structure.

In the secondary research method, data was collected from a selected set of sources. This method was used to gather information on Styrene key players and current and past trends in the industry. The information gathered through secondary research was validated using the primary research method, in which Styrene industry experts were interviewed.

The report also includes growth opportunities in micro and macro markets for stakeholders to invest in, with a detailed analysis of the competitive landscape and significant Styrene competitors' product offerings. SWOT analysis was used to identify the strengths and weaknesses of the Styrene market.

To gain further understanding of this research, please consult:

Styrene Market Regional Analysis

The report has been segmented into many key countries. This section provides a detailed analysis of the Styrene market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:

North America- U.S., Canada, Mexico
Europe- UK, Germany, France, Spain, Rest of Europe
Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
South America- Brazil
Middle East and Africa.
Styrene Market Segmentation

by Type

Acrylonitrile Butadiene Styrene (ABS)
Expanded Polystyrene (EPS)
Others

According to type, the Acrylonitrile Butadiene Styrene (ABS) market is anticipated to expand at the fastest rate of growth, or 7.2%, during the course of the forecast period. ABS is used in the construction of several automotive components, including the dashboard, headliners, center consoles, seats, bumper, and lights. ABS makes up around 12.7% of all the automotive polymers found in a passenger automobile.


by Application

Automotive
Construction
Packaging Consumer Goods
Others

Depending on the Use The global automotive industry has experienced rapid growth. Global auto sales for the industry reached 110.0 million in 2022, up 7% from the year before. Global wealth inequality, increasing urbanization, increased interest in electric vehicles, and consistent technology advancements are some of the reasons driving demand growth throughout the projection period.


by End Use

Plastics
Paints & Coatings
Packaging
Rubber
Automotive
Others

Styrene Market Key Players

1. Chevron Phillips Chemical Company
2. Bayer Material science
3. Royal Dutch Shell plc.
4. Ashland Inc
5. Nova Chemicals Corporation
6. SABIC Co.
7. Ineos Group AG
8. Alpek S.A.B. de C.V.
9. Hanwha Group
10. Eni S.p.A.
11. TotalEnergies S.A.
12. BASF SE
13. Kaneka Corp.
14. Ravago
15. Saudi Basic Industries Corp. (SABIC)
16. LyondellBasell Industries Holdings B.V.
17. Covestro AG
18. Sibur
19. Repsol
20. LG Chem

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Key Questions answered in the Styrene Market Report are:

What is Styrene ?
What will be the CAGR of the Styrene market during the forecast period?
Which segment of the Styrene market held the largest share of the global market in 2022?
What trends are expected to generate additional revenue for the Styrene market?
What are the opportunities for the Styrene Market?
What factors are driving the Styrene market growth?
Which company held the largest share in the Styrene market?
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Key Offerings:

A detailed Market Overview
Market Share, Size, and Forecast by Revenue|2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape - Leading key players and other prominent key players.
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By MMR
Country India
Categories Business
Last Updated January 10, 2024