Press release
2021 Global Styrene Market In-depth Analysis, Industry Outlook, Future Growth, Key Players – Alpek SAB DE CV, Ashland Inc, Ineos Group AG, Nova Chemicals Corporation, Bayer Material science, Chevron Phillips Chemical Company LLC
Styrene Market
The styrene-petrochemicals market report describes and explains the global styrene-petrochemicals market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The styrene market consists of sales of styrene and related services used for making synthetic rubber, resins, and plastics and improving drying oils. Styrene is a colourless, gritty organic compound derived from benzene. Styrene is readily evaporated and also used as a precursor to polystyrene and several other copolymers. Styrene is a fragrant liquid used for making synthetic rubber, resins, and plastics and improving drying oils.
The global styrene-petrochemicals market is expected to grow from $31.31 billion in 2020 to $34.22 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $26.96 billion in 2025 at a CAGR of -6%.
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Some of the major players of the styrene-petrochemicals market are Alpek SAB DE CV, Ashland Inc, Ineos Group AG, Nova Chemicals Corporation, Bayer Material science, Chevron Phillips Chemical Company LLC, ENI S.p.A., INEOS Styrolution Holding Ltd., Saudi Basic Industries Corp. (SABIC), Total S.A., The Dow Chemical Company, Styron LIC, Styrolution Group GmbH, Royal DSM, DowDuPont, Covestro, Trinseo, DSM.
The countries covered in the global styrene-petrochemicals market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global styrene-petrochemicals market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global styrene-petrochemicals market is segmented -
1) By Type: Acrylonitrile butadiene styrene (ABS), Expanded polystyrene (EPS), Others
2) By Application: Automotive, Construction, Packaging Consumer Goods, Others
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Few Points From Table Of Content
1. Executive Summary
2. Styrene Market Characteristics
3. Styrene Market Trends And Strategies
4. Impact Of COVID-19 On Styrene
5. Styrene Market Size And Growth
.....
26. Africa Styrene Market
27. Styrene Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Styrene Market
29. Styrene Market Future Outlook and Potential Analysis
30. Appendix
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