Global Syndiotactic Polystyrene Market to Reach US$ 162 Million by 2032, Driven by Automotive Electronics Demand and High-Performance Engineering Plastics | QY Research

Market Summary -
The global Syndiotactic Polystyrene (SPS) market was valued at US$ 111 million in 2025 and is projected to reach US$ 162 million by 2032, expanding at a CAGR of 5.6% during the forecast period 2026-2032.

According to QY Research, the newly released report titled "Global Syndiotactic Polystyrene Market Insights - Industry Share, Sales Projections, and Demand Outlook 2026-2032" provides a comprehensive, data-driven assessment of the global SPS market. The study evaluates market size trends, product-type dynamics, application demand, regional performance, and the competitive landscape shaping the industry.

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Market Overview -
Syndiotactic Polystyrene (SPS) is a high-performance crystalline engineering plastic distinguished from conventional polystyrene by its regularly alternating spatial molecular structure. This unique stereoregular configuration delivers superior heat resistance, chemical resistance, dimensional stability, and electrical properties, positioning SPS as a competitive alternative to other advanced engineering plastics.

Owing to its balanced performance profile, SPS is widely adopted in applications requiring thermal endurance, chemical stability, and lightweight characteristics, particularly in automotive electronics and precision electronic components. Its ability to maintain performance under harsh operating conditions supports growing demand in advanced industrial and consumer applications.

Key Growth Drivers -

Rising Demand from Automotive Electronics -
The increasing integration of electronics in vehicles is a major growth driver for the SPS market. Automotive electronic parts require materials that can withstand high temperatures, exposure to chemicals, and long-term mechanical stress. SPS, especially glass fiber reinforced grades, meets these requirements effectively, supporting its adoption in connectors, sensor housings, and control modules.

Shift Toward High-Performance Engineering Plastics -
Manufacturers are increasingly replacing traditional plastics and metals with lightweight, high-performance polymers to improve efficiency, durability, and design flexibility. SPS offers a strong balance of performance and processability, enabling it to compete favorably with alternative engineering plastics in demanding applications.

Growth in Electronics and Appliance Applications -
Beyond automotive electronics, SPS is gaining traction in electronic components, home appliances, and specialized containers. Its excellent electrical insulation properties and resistance to heat and chemicals make it suitable for components operating in high-temperature or chemically aggressive environments.

Product and Application Insights -
By product type, glass fiber reinforced SPS dominates the market, accounting for approximately 93% of total demand, reflecting the industry's focus on enhanced mechanical strength and thermal stability.

From an application perspective, automotive electronic parts represent the largest segment, contributing around 38% of global demand. Other key application areas include electronic components, home appliances, and food and medical containers, where SPS's stability and performance characteristics are highly valued.

Regional Market Insights -
The Asia Pacific region plays a central role in the global SPS market, supported by strong automotive production, electronics manufacturing, and materials innovation in countries such as Japan, South Korea, and China.

North America and Europe maintain steady demand, driven by advanced automotive electronics, industrial applications, and stringent material performance requirements. Emerging markets in South America and the Middle East & Africa are expected to contribute incremental growth as industrialization and electronics adoption continue.

Report Scope and Methodology -
This report provides a comprehensive quantitative and qualitative analysis of the global Syndiotactic Polystyrene market, enabling stakeholders to:
► Develop effective market entry and expansion strategies
► Assess competitive positioning and market concentration
► Identify high-growth product grades and application segments
► Support investment planning, product development, and long-term strategy

Market size, estimations, and forecasts are presented in terms of sales volume (MT) and revenue (US$ million), with 2025 as the base year, historical data from 2021-2024, and forecasts extending to 2032. The study includes detailed segmentation by type, application, region, and company, along with insights into technological trends and new product developments.

Market Segmentation Highlights -

By Type -
► PA66/SPS Grade
► Glass Fiber Reinforced Grade

By Application -
► Automotive Electronic Parts
► Electronic Components
► Home Appliances
► Food and Medical Containers
► Others

By Region -
► North America (U.S., Canada, Mexico)
► Europe (Germany, France, UK, Italy, etc.)
► Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
► South America (Brazil, etc.)
► Middle East & Africa (Turkey, GCC countries, Africa)

Competitive Landscape -
The global Syndiotactic Polystyrene market is highly concentrated, with Idemitsu Kosan holding a dominant position and accounting for approximately 79% of global market share. LG Chem is another key participant in the market.

The report evaluates company market share, production capacity, product portfolios, and strategic initiatives, providing clear insight into competitive dynamics and industry structure.

Reasons to Procure This Report -
► Access reliable global and regional market forecasts through 2032
► Understand product-type dominance and application demand trends
► Analyze competitive concentration and supplier positioning
► Identify opportunities in automotive electronics and advanced materials
► Support strategic planning, investment analysis, and market expansion

Key Questions Answered -
► What is the current and projected size of the global SPS market?
► Which product grades dominate market demand?
► How concentrated is the competitive landscape?
► Which applications and regions offer the strongest growth potential?
► How will automotive electrification and electronics trends influence demand through 2032?

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Table of Content:

1 Syndiotactic Polystyrene Market Overview
1.1 Product Definition
1.2 Syndiotactic Polystyrene Market by Type
1.2.1 Global Syndiotactic Polystyrene Market Value by Type (2021-2032)
1.2.2 PA66/SPS Grade
1.2.3 Glass Fiber Reinforced Grade
1.3 Syndiotactic Polystyrene by Application
1.3.1 Global Syndiotactic Polystyrene Market Value by Application (2021-2032)
1.3.2 Automotive Electronic Parts
1.3.3 Electronic Components
1.3.4 Home Appliance
1.3.5 Food and Medical Container
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Syndiotactic Polystyrene Revenue (2021-2032)
1.4.2 Global Syndiotactic Polystyrene Sales (2021-2032)
1.4.3 Global Syndiotactic Polystyrene Market Average Price (2021-2032)
1.5 Assumptions and Limitations
1.6 Study Objectives
1.7 Years Considered
2 Key Insights
2.1 Key Emerging Trends
2.2 Key Developments - Mergers Acquisitions, New Product Launches, Collaborations, Partnerships and Joint Ventures
2.3 Latest Technological Advancements
2.4 Insights on Regulatory Scenarios
2.5 Porters Five Forces Analysis
3 Manufacturers Competitive Analysis
3.1 Global Syndiotactic Polystyrene Revenue by Manufacturer (2021-2026)
3.2 Global Syndiotactic Polystyrene Sales by Manufacturer (2021-2026)
3.3 Global Syndiotactic Polystyrene Average Price by Manufacturer (2021-2026)
3.4 Syndiotactic Polystyrene Company Evaluation Quadrant
3.5 Industry Rank
3.5.1 Global Key Players of Syndiotactic Polystyrene, Industry Ranking, 2024 VS 2025
3.5.2 Global Syndiotactic Polystyrene Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.5.3 Global Syndiotactic Polystyrene Market Concentration Rate
3.5.4 Global 5 and 10 Largest Syndiotactic Polystyrene Players Market Share by Revenue
3.6 Syndiotactic Polystyrene Market: Overall Company Footprint Analysis
3.6.1 Syndiotactic Polystyrene Market: Region Footprint
3.6.2 Syndiotactic Polystyrene Market: Company Product Type Footprint
3.6.3 Syndiotactic Polystyrene Market: Company Product Application Footprint
3.6.4 Global Key Manufacturers of Syndiotactic Polystyrene, Date of Enter into This Industry
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
4 Manufacturers Profiles
4.1 Idemitsu Kosan
4.1.1 Idemitsu Kosan Syndiotactic Polystyrene Details
4.1.2 Idemitsu Kosan Syndiotactic Polystyrene Product and Services
4.1.3 Idemitsu Kosan Syndiotactic Polystyrene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
4.1.4 Idemitsu Kosan Major Business
4.1.5 Idemitsu Kosan Recent Developments/Updates
4.2 LG Chem
4.2.1 LG Chem Syndiotactic Polystyrene Details
4.2.2 LG Chem Syndiotactic Polystyrene Product and Services
4.2.3 LG Chem Syndiotactic Polystyrene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
4.2.4 LG Chem Major Business
4.2.5 LG Chem Recent Developments/Updates
5 Consumption Analysis by Region
5.1 Global Syndiotactic Polystyrene Market Size by Region
5.1.1 Global Syndiotactic Polystyrene Consumption Value by Region: 2021 VS 2025 VS 2032
5.1.2 Global Syndiotactic Polystyrene Consumption Value by Region (2021-2026)
5.1.3 Global Syndiotactic Polystyrene Consumption Value by Region (2027-2032)
5.1.4 Global Syndiotactic Polystyrene Consumption Value Market Share by Region (2021-2032)
5.2 Global Syndiotactic Polystyrene Sales Quantity by Region
5.2.1 Global Syndiotactic Polystyrene Sales Quantity by Region: 2021 VS 2025 VS 2032
5.2.2 Global Syndiotactic Polystyrene Sales Quantity by Region (2021-2026)
5.2.3 Global Syndiotactic Polystyrene Sales Quantity by Region (2027-2032)
5.2.4 Global Syndiotactic Polystyrene Sales Quantity Market Share by Region (2021-2032)
5.3 Global Syndiotactic Polystyrene Average Price by Region
5.4 North America Syndiotactic Polystyrene Consumption Value (2021-2032)
5.5 Europe Syndiotactic Polystyrene Consumption Value (2021-2032)
5.6 Asia-Pacific Syndiotactic Polystyrene Consumption Value (2021-2032)
5.7 South America Syndiotactic Polystyrene Consumption Value (2021-2032)
5.8 Middle East & Africa Syndiotactic Polystyrene Consumption Value (2021-2032)
6 Market Scenario by Region & Country
6.1 Global Syndiotactic Polystyrene Consumption Value by Region & Country: 2021 VS 2025 VS 2032
6.2 Global Syndiotactic Polystyrene Consumption Value by Region & Country (2021-2032)
6.3 Global Syndiotactic Polystyrene Sales Quantity by Region & Country (2021-2032)
6.4 Global Syndiotactic Polystyrene Average Price by Region & Country (2021-2032)
6.5 North America Syndiotactic Polystyrene Market Facts & Figures by Country
6.5.1 North America Syndiotactic Polystyrene Consumption Value by Country: 2021 VS 2025 VS 2032
6.5.2 North America Syndiotactic Polystyrene Sales Quantity by Country (2021-2032)
6.5.3 North America Syndiotactic Polystyrene Consumption Value by Country (2021-2032)
6.5.4 U.S.
6.5.5 Canada
6.6 Europe Syndiotactic Polystyrene Market Facts & Figures by Country
6.6.1 Europe Syndiotactic Polystyrene Consumption Value by Country: 2021 VS 2025 VS 2032
6.6.2 Europe Syndiotactic Polystyrene Sales Quantity by Country (2021-2032)
6.6.3 Europe Syndiotactic Polystyrene Consumption Value by Country (2021-2032)
6.6.4 Germany
6.6.5 France
6.6.6 U.K.
6.6.7 Italy
6.6.8 Russia
6.7 Asia Pacific Syndiotactic Polystyrene Market Facts & Figures by Region
6.7.1 Asia Pacific Syndiotactic Polystyrene Market Size by Region: 2021 VS 2025 VS 2032
6.7.2 Asia Pacific Syndiotactic Polystyrene Sales Quantity by Region (2021-2032)
6.7.3 Asia Pacific Syndiotactic Polystyrene Consumption Value by Region (2021-2032)
6.7.4 China
6.7.5 Japan
6.7.6 South Korea
6.7.7 India
6.7.8 Australia
6.7.9 Southeast Asia
6.8 South America Syndiotactic Polystyrene Market Facts & Figures by Country
6.8.1 South America Syndiotactic Polystyrene Market Size by Country: 2021 VS 2025 VS 2032
6.8.2 South America Syndiotactic Polystyrene Sales Quantity by Country (2021-2032)
6.8.3 South America Syndiotactic Polystyrene Consumption Value by Country
6.8.4 Mexico
6.8.5 Brazil
6.8.6 Argentina
6.9 Middle East and Africa Syndiotactic Polystyrene Market Facts & Figures by Country
6.9.1 Middle East and Africa Syndiotactic Polystyrene Market Size by Country: 2021 VS 2025 VS 2032
6.9.2 Middle East and Africa Syndiotactic Polystyrene Sales Quantity by Country (2021-2032)
6.9.3 Middle East and Africa Syndiotactic Polystyrene Consumption Value by Country
6.9.4 Turkey
6.9.5 Saudi Arabia
6.9.6 UAE
7 Segment by Type
7.1 Global Syndiotactic Polystyrene Sales Quantity by Type (2021-2032)
7.1.1 Global Syndiotactic Polystyrene Sales Quantity by Type (2021-2026)
7.1.2 Global Syndiotactic Polystyrene Sales Quantity by Type (2027-2032)
7.1.3 Global Syndiotactic Polystyrene Sales Quantity Market Share by Type (2021-2032)
7.2 Global Syndiotactic Polystyrene Revenue by Type (2021-2032)
7.2.1 Global Syndiotactic Polystyrene Revenue by Type (2021-2026)
7.2.2 Global Syndiotactic Polystyrene Revenue by Type (2027-2032)
7.2.3 Global Syndiotactic Polystyrene Revenue Market Share by Type (2021-2032)
7.3 Global Syndiotactic Polystyrene Price by Type (2021-2032)
8 Segment by Application
8.1 Global Syndiotactic Polystyrene Sales Quantity by Application (2021-2032)
8.1.1 Global Syndiotactic Polystyrene Sales Quantity by Application (2021-2026)
8.1.2 Global Syndiotactic Polystyrene Sales Quantity by Application (2027-2032)
8.1.3 Global Syndiotactic Polystyrene Sales Quantity Market Share by Application (2021-2032)
8.2 Global Syndiotactic Polystyrene Revenue by Application (2021-2032)
8.2.1 Global Syndiotactic Polystyrene Revenue by Application (2021-2026)
8.2.2 Global Syndiotactic Polystyrene Revenue by Application (2027-2032)
8.2.3 Global Syndiotactic Polystyrene Revenue Market Share by Application (2021-2032)
8.3 Global Syndiotactic Polystyrene Price by Application (2021-2032)
9 Industry Chain and Sales Channels Analysis
9.1 Syndiotactic Polystyrene Industry Chain Analysis
9.2 Syndiotactic Polystyrene Key Raw Materials
9.2.1 Key Raw Materials
9.2.2 Raw Materials Key Suppliers
9.3 Syndiotactic Polystyrene Production Mode & Process
9.4 Syndiotactic Polystyrene Sales and Marketing
9.4.1 Syndiotactic Polystyrene Sales Channels
9.4.2 Syndiotactic Polystyrene Distributors
9.5 Syndiotactic Polystyrene Customers
10 Research Findings and Conclusion
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Author Details
11.3 Disclaimer

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