Press release
Styrene Monomer (SM) Market Set to Surge - Key Insights You Must Know
Styrene Monomer (SM) Market SizeThe global market for Styrene Monomer (SM) was estimated to be worth US$ 59310 million in 2024 and is forecast to a readjusted size of US$ 85830 million by 2031 with a CAGR of 5.5% during the forecast period 2025-2031.
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Styrene Monomer(SM) is an important organic synthesis intermediate, which can be used for PS, ABS/SAN, UPR and SBR.
China is the largest Styrene Monomer(SM) market with about 21% market share. Europe is follower, accounting for about 18% market share.
The key players are Styrolution, Lyondell Basell, Total, FCFC, SADAF, Shell, Americas Styrenics, Trinseo, Jubail Chevron, Asahi Kasei, LG Chemical, Pars Petrochemical, ENI, Lotte Chemical, Idemitsu, NIPPON STEEL & SUMIKIN CHEMICAL, Westlake Chemical, Denka, Sinopec, CNPC, CSPC, Tianjin Dagu Chemical, Shuangliang Leasty Chemical, New Solar, Huajin Chemical, Donghao Chemical, Yuhuang Chemical etc. Top 3 companies occupied about 17% market share.
By Type
• Ethylbenzene Dehydrogenation Method
• Ethylbenzene Oxidation Method
By Application
• PS
• ABS/SAN
• UPR
• SBR
Key Companies
Styrolution, Lyondell Basell, Total, FCFC, SADAF, Shell, Americas Styrenics, Trinseo, Jubail Chevron, Asahi Kasei, LG Chemical, Pars Petrochemical, ENI, Lotte Chemical, Idemitsu, NIPPON STEEL & SUMIKIN CHEMICAL, Westlake Chemical, Denka, Sinopec, CNPC, CSPC, Tianjin Dagu Chemical, Shuangliang Leasty Chemical, New Solar, Huajin Chemical, Donghao Chemical, Yuhuang Chemical
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