Global Styrene Market – Market Segmentation & Analysis 2017 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Styrene Market – Size, Share, and Forecast (2017 – 2022)"
report has been added to Research and Markets' offering.

The global styrene market is majorly driven by polystyrene and
expandable polystyrene consumption. The market for styrene is highly
diversified, which includes various types of derivatives each having a
wide range of applications across various sectors of the market.

The demand for expanded polystyrene (EPS) is expected to drive the
global styrene market. EPS is the fastest growing styrene derivative and
accounts for 25% of the global consumption. The EPS market continues to
grow due to demand from the construction sector, however, the same
demand is not reflected in the packaging sector. General purpose
polystyrene (PS) market is the largest consumer of styrene accounting
for nearly 35% of the global styrene consumption. Yet, the PS market
growth is expected to be steady, due to the influence of substitutes
like PET.

Excess supply and mature markets in the developed countries are expected
to restrain polystyrene market, however, there is a better demand from
construction and packaging industries in developing markets. Styrene
consumption for EPS, SBR and ABR are expected to witness high growths.
Healthy growth of appliance market is expected to benefit the ABS
market. Styrene is a hazardous chemical and possibly carcinogenic.
Instability in crude oil prices, decreasing demand from developing
countries and reduced supply from POSM facilities are expected to
challenge the styrene market.

Market Trends:

• Demand for Expanded Polystyrene from North America.
• Demand for General-purpose and High-impact Polystyrene in Asia-Pacific.
• Increased SBR Demand for Tire Manufacturing.
• Wind Energy Applications of UPR.

Companies Mentioned:

• Ineos Styrolution
• Lg Chem Ltd.
• Shuangliang Leasty Chemical
• Americas Styrenics

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/zxbl2k/global_styrene

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Related
Topics: Petrochemicals