Press release
Styrene Market to reach USD 76.02 Bn by 2029, Technological Advancements and Growth Opportunities
Pune 09, May 2023: The global Styrene Market size was valued at USD 51.45 Bn in 2021 and is expected to grow at a CAGR of 5 percent during the forecast period to reach USD 76.02 Bn by 2029.Styrene Market Report Scope and Research Methodology
The research scope of the report provides market participants with a complete understanding of the Styrene market, including market developments from the past, present, and future. The report also includes a clear interpretation of complicated data, making it an ideal guide for decision-makers.
The research methodology of the report includes gathering data on the revenues of the top suppliers, segmenting the market by type and application, and corroborating these divisions through primary research, including extensive interviews with prominent individuals. The annual and financial reports of the major manufacturers were analyzed, and important opinion and business leaders in the industry, including CEOs and marketing executives, were questioned.
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Styrene Market Dynamics
The report covers the most common varieties of styrene, such as expanded polystyrene, acrylonitrile butadiene styrene, and others. Thermoplastic expanded polystyrene (EPS) is a hard, durable, and lightweight material that is ideal for usage in the building and packaging industries. The market is expected to grow faster during the forecast period due to the increasing need for thermal and acoustic insulation in the building and construction sector in developing nations like China and India.
The report offers a full understanding of the Styrene market, including market developments from the past, the present, and what is expected for the future. It presents the findings of the PORTER and PESTEL analyses and potential outcomes of the microeconomic components of the market. The research methodology includes gathering data on the revenues of the top suppliers and extensive interviews with prominent individuals, including CEOs, VPs, directors, and executives.
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Styrene Market Regional Insights
The Asia Pacific region, particularly China and India, is expected to drive market growth owing to the increasing need for thermal and acoustic insulation in the building and construction sector.
Styrene Market Segmentation
By Type:
• Acrylonitrile Butadiene Styrene (ABS)
• Expanded Polystyrene (EPS)
• Others
By Application:
• Automotive
• Construction
• Packaging Consumer Goods
• Others
By End Use:
• Plastics
• Paints & Coatings
• Packaging
• Rubber
• Automotive
• Others
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Styrene Market Key Competitors include:
• Chevron Phillips Chemical Company
• Bayer Material science
• Royal Dutch Shell plc.
• Ashland Inc
• Nova Chemicals Corporation
• SABIC Co.
• Ineos Group AG
• Alpek S.A.B. de C.V.
• Hanwha Group
• Eni S.p.A.
• TotalEnergies S.A.
• BASF SE
• Kaneka Corp.
• Ravago
• Saudi Basic Industries Corp. (SABIC)
• LyondellBasell Industries Holdings B.V.
• Covestro AG
• Sibur
• Repsol
• LG Chem
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Table of Content for Styrene Market
Global Styrene Market: Research Methodology
Global Styrene Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Styrene Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Styrene Market Segmentation
Global Market, by Type (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by End Use (2021-2029)
Regional Styrene Market (2021-2029)
Regional Market, by Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End Use (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Know More About The Report:
https://www.maximizemarketresearch.com/market-report/global-styrene-market/23532/
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Application and End Use
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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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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