Global Styrenic Polymers Market Is Estimated To Grow At A CAGR Over 4.8% By 2021
Global Styrenic Polymers Market Information, by Polymers Types (Polystyrene, Expanded Polystyrene, Acrylonitrile butadiene styrene, Styrene Butadiene Rubber and Unsaturated polyester resin) – Global Forecast 2021
Pune, India – February 7, 2017 /MarketersMedia/ —
Key Findings
The global styrenic polymers consumption is estimated to grow at a CAGR over 4.8% during 2016 to 2021
In 2012, global styrenic polymers market was dominated by Asia-Pacific, with a share of 53.2% of the global consumption
Europe accounted for 21.1% of the total styrenic polymers consumption in 2012 and is estimated to grow at a CAGR over 2.5% during 2016 to 2021.
North America styrene polymer market is expected to have an above average growth rate
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Market Highlights
Styrenic polymers are produced through the polymerization of styrene monomers and other chemical compounds such as acrylonitrile, butadiene, etc. Production of styrene-based derivatives is the growing trend in the market due to increasing applications in building and construction, packaging, appliances, and automotive industry. The global Styrenic Polymer Market has been driven by factors such as growth in end-use industries, High growth in wind energy applications of UPR, Asia-Pacific to drive styrenic polymers demand, Increased SBR demand due to tire labeling regulations and few others. On the other hand, Increasing environmental and health concerns due to usage of styrene and Acceptance of other resins as substitute to UPR are hindering the global growth of Styrenic polymers market.
The Key Players of Global Styrenic Polymer Market
Alpek Sab De Cv
Asahi Kasei Corporation
Ashland
BASF
Bayer Material Science
CCP Composites
ENI S.P.A
Ineos Group Ag
Lanxess Ag
Nova Chemicals Corporation
Segmentation
As per MRFR analysis, the global styrenic polymers market is segmented into polymer types which include Polystyrene, Expanded Polystyrene, Acrylonitrile butadiene styrene, Styrene Butadiene Rubber and Unsaturated polyester resin.
Regional Analysis of Styrenic Polymers Market
Asia-Pacific is the largest Styrenic Polymers Market due to the rapid development of infrastructure and also due to the presence of fastest growing economies such as China and India. Europe has considerable regulations which constrict the usage of polymers based on the products’ impact on environment.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 130 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Styrenic Polymers Market – Forecast to 2021“
Brief TOC of Global Styrenic Polymers Market
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
5 Industry Overview of Global Styrenic Polymers Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
Continued….
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Study Objectives of Styrenic Polymers Market
To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Styrenic Polymers Market
To provide insights about factors affecting the market growth
To analyse the global styrenic polymers market based on various factors- price analysis, supply chain analysis, Porter’s five force analysis etc.
To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country-level analysis of the market with respect to the current market size and future prospective
To provide country-level analysis of the market for segment by polymers types and regions
To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
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