Styrenic Polymer Market Size, Application Analysis and Regional Outlook by BASF SE, SABIC, Lanxess AG, The Dow Chemical, NOVA Chemicals, INEOS Group AG, Ashland, Bayer CropScience, JEC Group, DSM, Asahi Kasei Chemicals Corp. and INEOS Styrolution Group Gm

Intended Audience

Styrenic Polymer Market Manufacturers
Traders and Distributors of Styrenic Polymer Market
Production Process Industries
Potential Investors
Regional Analysis

Request for Sample Pdf Report @ https://www.marketresearchfuture.com/sample_request/1021

Synopsis of Styrenic Polymer Market

Polymerization of styrene in the presence of vinyl group results in the formation of the Styrenic Polymer. Styrene-based resins are widely used to produce a wide variety of everyday goods, ranging from cups and utensils to furniture, kitchen appliances, hospital and school supplies, boats, sports and recreational equipment, consumer electronics, durable, and lightweight packaging of all kinds.

Segmental Analysis

The Global Styrenic Polymer Market is segmented into Product and End-Use Industries. On the Basis of Product, the market is segregated into polystyrene, expanded polystyrene, acrylonitrile butadiene styrene, styrene butadiene rubber, and unsaturated polyester rubber. The market by end-user is further segmented into automotive, building & construction, consumer goods, electrical & electronics, marine accessories, packaging, and others.

Regional Analysis:

The Styrenic Polymer Market is segmented across five regions: Europe, Latin America, Asia Pacific, North America, and the Middle East & Africa. Among these, Asia Pacific is the largest market and is expected to grow at a higher CAGR, due to the growing industrialization and urbanization, especially in China and India. Moreover, the increasing production and sales of automotive in the region have propelled the market growth. The Japanese and Chinese electrical & electronics industries consume a majority of styrenic polymer, further driving the market growth. The increasing demand for the product from emerging food and cosmetic packaging industries is likely to surge the market demand.

North America and Europe are expected to showcase considerable growth due to the technological advancements in automotive manufacturing. The lavish lifestyle coupled with high disposable income is the major factor, driving the market growth in this region. The U.S. is the largest automotive market and can be attributed to the growing demand for efficient and lightweight vehicles. Furthermore, the pharmaceutical base located in the U.S. is likely to consume a significant amount of Styrenic Polymer. Developed personal home care industries in the European region is anticipated to drive the European market positively. The major countries attributing to this growth are Germany, Italy, and the U.K among others.

Rising infrastructural activities in the Middle East & Africa are anticipated to propel the market growth, in terms of volume, during the review period.

Access Report Details @ https://www.marketresearchfuture.com/reports/styrenic-polymers-market-1021

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.