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Styrene Acrylonitrile Market and Regional Analysis (U.S, Europe, Asia Pacific, Africa Region, & Middle East Zone) 2016 To 2024
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Consumer goods is the fastest growing end use segment for product. There is a significant demand for SAN resins in manufacturing of tooth brush handle, hangers, food container, personal computers, televisions and handheld devices which is projected to boost product market size. Furthermore, high demand for electrical & electronic appliances is expected to fuel styrene acrylonitrile market.
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Rapid urbanization, increased income levels and infrastructure development are likely to boost styrene acrylonitrile market growth. Additionally, product is widely used in personal care industry for wrapping bottle caps and nozzles due to good packaging property. Rigid packaging is gaining preference in personal care products industry, due to improved shape and aesthetic value.
The product is a transparent, yellow color and rigid plastic manufactured by copolymerization of acrylonitrile and styrene. SAN has many features including, high clarity, processability, rigidity, stability, chemical & heat resistant, offers superior safety and hygiene. The product is non-biodegradable and prolong exposure should be avoided as it causes cancer. SAN offers versatility of design, high performance and simplicity of economy and production.
The Styrene Acrylonitrile Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Styrene Acrylonitrile Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Styrene Acrylonitrile Product Insights
5. Styrene Acrylonitrile Application Insights
6. Styrene Acrylonitrile Regional Insights
7. Competitor Profiles
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The styrene acrylonitrile market is consolidated with presence of many manufacturing companies worldwide. Some of the major companies are Samsung Cheil Industries, Chi Mei, INEOS, Ningbo LG Yongxing Chemical, Styrolution, China National Petroleum, Sabic Innovative plastics, Toray Industries, Formosa Plastics, Tianjin Dagu Chemicals, Styron, Techno Polymer and Petro China.
Companies have adopted several strategies to capture naphthalene market which include expansion, investments, merger and acquisitions. Manufacturing companies and end-product manufacturers infuse high investments for future technology modifications to match newer demand coming from several end-user industries. In May 2014, Stryrolution inaugurated a new SAN plant in India with an annual production of 100,000 metric tons, to meet the rising demand for styrene acrylonitrile resins across major end use industries in the region.
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About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
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