openPR Logo
Press release

Global Styrene Market is projected to witness substantial growth with a CAGR of 5 percent, reaching nearly USD 76.01 Bn by 2029.

07-14-2023 07:04 AM CET | Industry, Real Estate & Construction

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Styrene Market

Styrene Market

Styrene Market Report Scope and Research Methodology:

The objective of the report is to provide a comprehensive analysis of the global Styrene Market. The report covers past, present, and future market trends and provides a clear interpretation of complex data. It includes an in-depth study of key players, including market leaders, followers, and new entrants. The report utilizes robust research methodology, including Porter's and PESTEL analysis, to evaluate market dynamics, drivers, and restraints. It offers insights into market segmentation, competitive analysis, product portfolios, pricing, financial positions, growth strategies, and regional presence.The report's data is based on a thorough analysis of the market's top suppliers, with revenue estimates and projections. Primary research, including interviews with industry executives and experts, was conducted to validate and corroborate the data. The report incorporates both bottom-up and top-down approaches to determine the market size. Annual and financial reports of major manufacturers were analyzed, along with interviews with CEOs and marketing executives, to gain insights into the market. Key players in the global styrene market include Chevron Phillips Chemical Company, Bayer Material Science, Royal Dutch Shell plc., Ashland Inc, Nova Chemicals Corporation, and SABIC Co.

Get to Know More About This Market Study: https://www.maximizemarketresearch.com/market-report/global-styrene-market/23532/

What are Styrene Market Dynamics:

The demand for styrene is driven by its diverse applications in plastic packaging, insulation, disposable cups, and containers. Acrylonitrile butadiene styrene (ABS) is a crucial component in the production of medical equipment and 3D printing applications. The automotive sector extensively uses ABS for its rigidity, heat resistance, and lightweight properties. Styrene is also used to produce polystyrene, which finds applications in vacuum cleaners, refrigerators, and automotive parts. The increasing demand for polystyrene and its derivatives in various industries, such as packaging and construction, positively impacts the market.

The use of styrene raises health and environmental concerns due to its long-term effects on the central nervous system in humans. Short-term exposure to styrene can cause gastrointestinal issues, ocular irritation, and mucous membrane irritation. The detrimental impact of styrene on human health and the environment limits market growth.

Styrene Market Regional Insights:

Asia Pacific dominates the styrene market, accounting for over 58 Percent of the global market share in 2021. The region's growing economies, such as China and India, witness increased demand for styrene in construction, packaging, and automotive applications. The Asia Pacific region is experiencing rapid growth in the construction industry, driven by urbanization, increased disposable income, and government initiatives. China, in particular, plays a significant role in the global styrene market due to infrastructure projects and the packaging industry.

North America benefits from the increased use of styrene in packaging, especially for critical food and medical applications. The region's superior insulation and bacterial resistance properties make styrene suitable for packaging. South America's building and construction industry is expected to grow, further fueling the demand for styrene. Brazil dominates the styrene market in Central and South America, driven by the recovery of the economy and the increasing demand for green building construction.

Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/23532

What is 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

Request For Free Inquiry Report: https://www.maximizemarketresearch.com/inquiry-before-buying/23532

Who are Styrene Market Key Players:

Chevron Phillips Chemical Company
2. Bayer Material science
3. Royal Dutch Shell plc.
4. Ashland Inc
5. Nova Chemicals Corporation
6. SABIC Co.
7. Ineos Group AG
8. Alpek S.A.B. de C.V.
9. Hanwha Group
10. Eni S.p.A.
11. TotalEnergies S.A.
12. BASF SE
13. Kaneka Corp.
14. Ravago
15. Saudi Basic Industries Corp. (SABIC)
16. LyondellBasell Industries Holdings B.V.
17. Covestro AG
18. Sibur
19. Repsol
20. LG Chem

Table of content for the Styrene Market includes:

Global Styrene: Research Methodology

Global Styrene Market: Executive Summary

Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/23532

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 (2022-2029)
Global Market, by Application (2022-2029)
Global Market, by End Use (2022-2029)

Regional Styrene Market (2022-2029)

Regional Market, by Type (2022-2029)
Regional Market, by Application (2022-2029)
Regional Market, by End Use (2022-2029)
Regional Market, by Country (2022-2029)

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Get Customization on this Report for Specific Research Solutions:
https://www.maximizemarketresearch.com/request-customization/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

India Sports Apparel Market https://www.maximizemarketresearch.com/market-report/india-sports-apparel-market/77721/

Indian Fast Moving Consumer Goods Fmcg Market https://www.maximizemarketresearch.com/market-report/indian-fast-moving-consumer-goods-fmcg-market/29038/

Indian Womens Wear Market https://www.maximizemarketresearch.com/market-report/indian-womens-wear-market/22036/

Global Wooden Toys Market https://www.maximizemarketresearch.com/market-report/global-wooden-toys-market/110948/

Sports Apparel Market https://www.maximizemarketresearch.com/market-report/global-sports-apparel-market/83971/

Indian Food And Beverages Market https://www.maximizemarketresearch.com/market-report/indian-food-and-beverages-market/29426/

Fast Fashion Market https://www.maximizemarketresearch.com/market-report/fast-fashion-market/126719/

India Eyewear Market https://www.maximizemarketresearch.com/market-report/india-eyewear-market/21867/

India Bottled Water Market https://www.maximizemarketresearch.com/market-report/india-bottled-water-market/20197/

Raw Pet Food Market https://www.maximizemarketresearch.com/market-report/global-raw-pet-food-market/108810/

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Styrene Market is projected to witness substantial growth with a CAGR of 5 percent, reaching nearly USD 76.01 Bn by 2029. here

News-ID: 3129980 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a Robust 13.71% CAGR
Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a …
Bangladesh Ceramics Tiles Market size was valued at USD 882.56 Million in 2023 and the total Bangladesh Ceramics Tiles Market revenue is expected to grow at a CAGR of 13.71 % from 2024 to 2030, reaching nearly USD 2169.38 Million. Bangladesh Ceramics Tiles Market Overview: The Bangladesh ceramics tiles market is a vital component of the country's construction and building materials industry, driven by rapid urbanization, infrastructure development, and rising disposable incomes.
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market size was valued at USD 630.2Mn in 2023. The Furfural Market revenue is growing at a CAGR of 6.8 % from 2023 to 2029, reaching nearly USD 998.30 Bn by 2030. Furfural Market Overview: The furfural market is centered around an organic compound derived primarily from agricultural byproducts such as corn cobs, sugarcane bagasse, and rice husks through a process of acid hydrolysis. As one of the oldest renewable chemicals,
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to Grow at a 5.59% CAGR Through 2032
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to …
Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion. Chemical Protective Clothing Market Overview: The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range of
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR Growth to 2032
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR …
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion. Prefabricated Homes Market Overview: The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizes

All 5 Releases


More Releases for Styrene

Global Styrene Butadiene Styrene (SBS) Market Competitor Analysis Report 2025
"Global Styrene Butadiene Styrene (SBS) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031" is published by Global Info Research. It covers the key influencing factors of the Styrene Butadiene Styrene (SBS) market, including Styrene Butadiene Styrene (SBS) market share, price analysis, competitive landscape, market dynamics, consumer behavior, and technological impact, etc.At the same time, comprehensive data analysis is conducted by national and regional sales, corporate competition rankings,
Styrene Dynamics: Alpha Methyl Styrene Industry's Evolution 2023-2033
The alpha methyl styrene market is witnessing emerging trends and an optimistic market forecast as the industry uncovers new opportunities. A comprehensive market analysis report delves into the increasing demand for alpha methyl styrene, driven by its versatile applications and unique properties. Alpha methyl styrene (AMS), a derivative of styrene, finds wide-ranging usage in industries such as plastics, adhesives, and coatings. The report emphasizes the growing need for high-performance materials and
Styrene-Ethylene-Butadiene-Styrene (SEBS) Market 2022 | Detailed Report
This report provides an informative view about the competitive aspect of the global market. It includes detailed picture of the exhibition of a portion of the essential global players working in the Styrene-Ethylene-Butadiene-Styrene (SEBS) market. The research study also provides historical record with profits predictions and forecasts from 2022 to 2028. Also, the business manufacturing of the notable manufacturers is also emphasized with technical data in the report. This report is
Styrene Butadene Styrene (SBS) Market Provides in-depth analysis of the Styrene …
Overview of the Report: Styrene Butadene Styrene (SBS) Market The market intelligence report on the Styrene Butadene Styrene (SBS) Market includes key segments of the entire market. The main objective of the statistical analysis included in this report is to shed light on the prevalent business models, analyze the market trends, and investigate the different market aspects. If you are interested in the Styrene Butadene Styrene (SBS) industry or wish to keep
Styrene Butadene Styrene Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Styrene Butadene Styrene Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Styrene Butadene Styrene players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Styrene Butadene Styrene with respect
Styrene Ethylene Butylene Styrene Market Latest Report with Forecast 2018 – 20 …
Thermoplastic elastomers (TPEs) are a class of copolymers (typically a mixture of rubber and plastic) that contain materials with both elastomeric and thermoplastic properties. There are six generic classes of commercial TPEs, out of which one is styrenic block copolymers (SBC), in which styrene ethylene butylene styrene (SEBS) is categorized. It accounts for a majority share of over 65% of the total SBCs. SEBS polymer is a type of TPE