Styrene is a colourless oily organic compound and is a derivative of benzene. Styrene evaporates easily and is also used as a precursor to polystyrene and several other copolymers. It occurs naturally in small quantities in different foods and plants and is also found in coal tar. The styrene market is highly diversified and it includes various types of styrene derivatives, each having a wide range of applications across various sectors of the market. Globally growing end-use industries and increasing spending on end-user application industries such as automotive and construction are expected to be the key growth drivers for the styrene market during the period of study.
Geographically, Asia-Pacific dominates the Styrene market owing to the large scale demand of Styrene for its large industrial base which includes higher demand from the automotive industry, which has its manufacturing base in the region. Asia-Pacific was followed by Europe and North America as second and third largest market for Styrene market. Asia Pacific is projected to have fastest growth, owing to rapidly developing industrial base, increasing production of the major end-user industries in the region and government initiatives in developing nations such as China, and India in this region.
This report identifies the global Styrene market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to Styrene market.
This report segments global Styrene market on the basis of type, applications and regional market as follows:
Styrene Market research report is classified on the basis of types. Some of the major end-use industry of Styrene covered in this report are as follows: Acrylonitrile butadiene styrene (ABS), expanded polystyrene (EPS), and polystyrene (PS) and Others
Styrene Market research report is classified on the basis of types. Some of the major end-use industry of Styrene covered in this report are as follows: Automotive, Construction, Packaging consumer goods and others
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the Styrene market. Some of the major companies’ profiles in detail are as follows:
Alpek SAB DE CV
Ashland Inc
Bayer Material science
Ineos Group AG
Nova Chemicals Corporation
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