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Styrene-Petrochemicals Market 2021 | Growth Drivers, Challenges, Trends And Industry Dynamics, Forecast 2030
Styrene-Petrochemicals Market
https://www.thebusinessresearchcompany.com/global-market-reports
‘Styrene-Petrochemicals Global Market Report 2021 – COVID-19 Impact And Recovery’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the styrene-petrochemicals industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.
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.
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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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Global styrene-petrochemicals market segmentation in TBRC’s report is:
1) By Type: Acrylonitrile butadiene styrene (ABS), Expanded polystyrene (EPS), Others
2) By Application: Automotive, Construction, Packaging Consumer Goods, Others
Major players in 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.
Need More? Read Further On The Styrene-Petrochemicals Market Here:
https://www.thebusinessresearchcompany.com/report/styrene-petrochemicals-global-market-report
The Table of Contents includes:
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
.....
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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