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Global Styrene-Maleic Anhydride Copolymer Market is valued at 120 million US$ in 2017 and will reach 160 million US$ by the end of 2025
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Styrene maleic anhydride (SMA) is a synthetic polymer that is built-up of styrene and maleic anhydride monomers. The polymer is formed by a radical polymerization, using an organic peroxide as the initiator. The main characteristics of SMA copolymer are its transparent appearance, high heat resistance, high dimensional stability, and the specific reactivity of the anhydride groups. The latter feature results in the solubility of SMA in alkaline (water-based) solutions and dispersion.
SMA resin has excellent performance, so in the automotive sector has been widely used; it also develops quickly in the field of powder coatings and leather products quickly. So it will show steady growth trend in the next few years, the study group estimates compound annual growth rate will reach about 4.2% in the next few years.
SMA resins are mainly produced by styrene and maleic anhydride; they are common chemicals, while global supply is adequate.
The world’s major producer of SMA resins concentrates in Europe and the United States, the two regions are also the largest consumers, while in the Asia Pacific region, the application of SMA resin is still in its infancy, especially in China, the annual consumption is about 1200MT, is far below the average level in Europe and America.
In recent years the price of SMA resins impacted by the market of raw materials, prices showing a declining trend, but not much. However, due to high manufacturing technical barriers, manufacturer?s gross margin has obvious advantages compared to conventional resins.
The global Styrene-Maleic Anhydride Copolymer market is valued at 120 million US$ in 2017 and will reach 160 million US$ by the end of 2025, growing at a CAGR of 3.9% during 2018-2025.
The major manufacturers covered in this report
Polyscope Polymers
TOTAL Cray Valley (TCV)
INEOS
Sinopec
Baoding Lucky Chemical
YINXIN Chemical
Kaixin Fine Chemical
…
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Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
A-SMA
R-SMA
By Application, the market can be split into
Automobile Industry
Phase Solvent
Building Materials
Others
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