Styrene Monomer (SM) Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global Styrene Monomer (SM) market is projected grow at a CAGR of 2.62% during the forecast period. Styrene monomer (SM) can be polymerized into a colorless liquid to form various products such as synthetic resins, ion exchange resins, and synthetic rubbers. Because styrene monomers are strong, durable and inexpensive, they are used in the production of polystyrene, which has a variety of uses, including packaging and building materials. It is made by dehydrogenation of ethylbenzene or oxidation of ethylbenzene. Styrene monomers have many industrial uses, including the manufacture of adhesives, sealants, and insulating materials, as well as plastics for consumer and packaging materials.

 

Key Players

 

• Styrolution
• Lyondell Basell
• FCFC
• SADAF
• Shell
• Americas Styrenics
• Trinseo
• Jubail Chevron
• Asahi Kasei
• LG Chemical
• Pars Petrochemical
• Lotte Chemical
• Idemitsu
• NIPPON STEEL & SUMIKIN CHEMICAL
• Westlake Chemical

 

Market – Segmentation

Segments by Type

• Ethylbenzene Dehydrogenation Method
• Ethylbenzene Oxidation Method

 

Segments by Application

• Synthetic Resin
• Ion Exchange Resin
• Synthetic Rubber

 

Scope of the Report

 

The research study analyses the Global Styrene Monomer (SM) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

 

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage 

 

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

 

Key Questions Answered by Styrene Monomer (SM) Market Report

 

1. What was theStyrene Monomer (SM) Market size in 2020and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Styrene Monomer (SM) Marketduring the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in theStyrene Monomer (SM) Market was the market leader in 2021s?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.