Styrene Global Market Report 2023

Styrene Global Market Opportunities And Strategies To 2032

Styrene Global Market Report 2023 – By Type (Acrylonitrile butadiene styrene (ABS), Expanded polystyrene (EPS), Other Types), By Application (Automotive, Construction, Packaging consumer goods, Other Applications), By Distribution Channel (Offline, Online) – Market Size, Trends, And Global Forecast 2023-2032

Name: Styrene Global Market Report 2023
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Styrene Global Market Report 2023

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Styrene is a colorless, gritty organic compound derived from benzene. Styrene is readily evaporable and is also used as a precursor to polystyrene and several other copolymers.

The main types of styrene market are acrylonitrile butadiene styrene, expanded polystyrene, and other types. Expanded polystyrene (EPS) is a rigid, tough, and lightweight thermoplastic product. EPS is good for the packaging and construction industries because of its lightweight, strong, and excellent thermal insulation properties. It is also segmented by application into automotive, construction, packaging, consumer goods, and others that are available through offline and online distribution channels.

The global styrene market is segmented -

1) By Type: Acrylonitrile butadiene styrene (ABS), Expanded polystyrene (EPS), Other Types

2) By Application: Automotive, Construction, Packaging consumer goods, Other Applications

3) By Distribution Channel: Offline, Online

The global styrene market size is expected to grow from $49.3 billion in 2021 to $52.28 billion in 2022 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global styrene is expected to grow to $62.81 billion in 2026 at a CAGR of 4.7%.

The high demand for polystyrene drives the growth of the styrene market. Styrene is used to produce polystyrene through suspension polymerization. Polystyrene is a versatile plastic used for the manufacturing of refrigerators, air conditioners, ovens, microwaves, and vacuum cleaners. Polystyrene is majorly used in the packaging industry as it keeps food fresher for a longer duration. The demand for polystyrene is high in the automobile industry, where it is used in manufacturing car knobs, instrument panels, trim, energy-absorbing door panels, and sound-dampening foam. Thus, strong demand for polystyrene has resulted in a rise in demand. For instance, India and Iran are expected to lead the capacity expansion in the forecast period in order to cater to the demand. In India, Supreme Petrochem and LG Polymers India are expected to add 0.15 mtpa and 0.03 mtpa (million tons per annum) respectively. Thus, the rising demand for polystyrene and its derivatives positively drives the growth of the styrene market.

Major players in the styrene market are Alpek SAB DE CV, Ashland Inc., Ineos Group AG, Nova Chemicals Corporation, Bayer Material science, Chevron Phillips Chemical Company LLC., ENI S.p.A., INEOS Styrolution Holding Ltd., Saudi Basic Industries Corp. (SABIC), and Total S.A.

The increasing health and environmental concerns due to the use of styrene limits the demand for styrene. Styrene is primarily used in the production of plastics and other resins. Short-term exposure to styrene in humans is known to result in mucous membrane and eye irritation and gastrointestinal effects, whereas long-term exposure to styrene results in effects on the central nervous system (CNS), such as headache, fatigue, weakness, depression, CSN dysfunction, hearing loss, and peripheral neuropathy. In animals, oral exposure to styrene affects the liver, blood, kidneys, and stomach. Thus, the ill effects of styrene on health and the environment restrict the growth of the styrene market.

The companies in the styrene market are working towards developing techniques to recycle styrene. In order to increase the efficiency and popularity of styrene, companies are investing in developing methods to recycle styrene. In January 2022, Agilyx, a Norway-based chemical recycling firm and Toyo Styrene, a Japanese chemicals firm partnered and commenced the construction of Toyo Styrene Co Ltd polystyrene (PS) chemical recycling plant in Chiba, Japan. The plant will boast the per day capacity to recycle 10 tons of post-use polystyrene, a product produced from styrene and used in the manufacturing of tires, back into new styrene monomer for the future of the industry.

In October 2020, Shrieve Chemical Company, a US-based chemicals company acquired Styrene Business unit and other assets of CLP Chemicals for an undisclosed amount. The acquisition expands Shrieve’s products offering and enhances its customer service. CLP Chemicals is an American industrial chemical distributor.

Asia-Pacific was the largest region in the styrene market in 2022. North America was the second-largest region in the styrene market report. The regions covered in the styrene analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the styrene market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The styrene market consists of the sales of styrene used for making synthetic rubber, resins, and plastics and improving drying oils. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The styrene market research report is one of a series of new reports from The Business Research Company that provides styrene market statistics, including styrene industry global market size, regional shares, competitors with a styrene market share, detailed styrene market segments, market trends and opportunities, and any further data you may need to thrive in the styrene industry. This styrene market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Book your 30 minutes free consultation with our research experts

1. Executive Summary

2. Styrene Market Characteristics

3. Styrene Market – Macro Economic Scenario

3.1 COVID-19 Impact On Styrene Market

3.2 Ukraine-Russia War Impact On Styrene Market

3.3 Impact Of High Inflation On Styrene Market

4. Styrene Market Size And Growth

4.1. Global Styrene Historic Market, 2017 - 2022, $ Billion

4.1.1. Drivers Of The Market

4.1.2. Restraints On The Market

4.2. Global Styrene Forecast Market, 2022- 2027F, 2032F, $ Billion

4.2.1. Drivers Of The Market

4.2.2. Restraints On the Market

5. Styrene Market Segmentation

5.1. Global Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Acrylonitrile butadiene styrene (ABS)

Expanded polystyrene (EPS)

Polystyrene (PS)

Other Types

5.2. Global Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Automotive

Construction

Packaging consumer goods

Other Applications

5.3. Global Styrene Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Offline

Online

6. Styrene Market Regional And Country Analysis

6.1. Global Styrene Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

6.2. Global Styrene Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

7. Asia-Pacific Styrene Market

7.1. Asia-Pacific Styrene Market Overview

7.2. Asia-Pacific Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

7.3. Asia-Pacific Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

8. China Styrene Market

8.1. China Styrene Market Overview

8.2. China Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion

8.3. China Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion

9. India Styrene Market

9.1. India Styrene Market Overview

9.2. India Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

9.3. India Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

10. Japan Styrene Market

10.1. Japan Styrene Market Overview

10.2. Japan Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

10.3. Japan Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

11. Australia Styrene Market

11.1. Australia Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

11.2. Australia Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

12. Indonesia Styrene Market

12.1. Indonesia Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

12.2. Indonesia Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

13. South Korea Styrene Market

13.1. South Korea Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

13.2. South Korea Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

14. Western Europe Styrene Market

14.1. Western Europe Styrene Market Overview

14.2. Western Europe Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

14.3. Western Europe Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

15. UK Styrene Market

15.1. UK Styrene Market Overview

15.2. UK Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

15.3. UK Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

16. Germany Styrene Market

16.1. Germany Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

16.2. Germany Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

17. France Styrene Market

17.4. France Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

17.5. France Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

18. Eastern Europe Styrene Market

18.1. Eastern Europe Styrene Market Overview

18.2. Eastern Europe Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

18.3. Eastern Europe Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

19. Russia Styrene Market

19.1. Russia Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

19.2. Russia Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

20. North America Styrene Market

20.1. North America Styrene Market Overview

20.2. North America Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

20.3. North America Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

21. USA Styrene Market

21.1. USA Styrene Market Overview

21.2. USA Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

21.3. USA Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

22. South America Styrene Market

22.1. South America Styrene Market Overview

22.2. South America Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

22.3. South America Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

23. Brazil Styrene Market

23.1. Brazil Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

23.2. Brazil Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

24. Middle East Styrene Market

24.1. Middle East Styrene Market Overview

24.2. Middle East Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

24.3. Middle East Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

25. Africa Styrene Market

25.1. Africa Styrene Market Overview

25.2. Africa Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

25.3. Africa Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

26. Styrene Market Competitive Landscape And Company Profiles

26.1. Styrene Market Competitive Landscape

26.2. Styrene Market Company Profiles

26.2.1. Alpek SAB DE CV

26.2.1.1. Overview

26.2.1.2. Products and Services

26.2.1.3. Strategy

26.2.1.4. Financial Performance

26.2.2. Ashland Inc

26.2.2.1. Overview

26.2.2.2. Products and Services

26.2.2.3. Strategy

26.2.2.4. Financial Performance

26.2.3. Ineos Group AG

26.2.3.1. Overview

26.2.3.2. Products and Services

26.2.3.3. Strategy

26.2.3.4. Financial Performance

26.2.4. Nova Chemicals Corporation

26.2.4.1. Overview

26.2.4.2. Products and Services

26.2.4.3. Strategy

26.2.4.4. Financial Performance

26.2.5. Bayer Material science

26.2.5.1. Overview

26.2.5.2. Products and Services

26.2.5.3. Strategy

26.2.5.4. Financial Performance

27. Key Mergers And Acquisitions In The Styrene Market

28. Styrene Market Trends And Strategies

29. Styrene Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations

30.2. Currencies

30.3. Historic And Forecast Inflation Rates

30.4. Research Inquiries

30.5. The Business Research Company

30.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion

Table 3: Global Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 4: Global Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 5: Global Styrene Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 6: Global Styrene Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 7: Global Styrene Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 8: Asia-Pacific, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 9: Asia-Pacific, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 10: China, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 11: China, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 12: India, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 13: India, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 14: Japan, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 15: Japan, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 16: Australia, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 17: Australia, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 18: Indonesia, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 19: Indonesia, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 20: South Korea, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 21: South Korea, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 22: Western Europe, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 23: Western Europe, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 24: UK, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 25: UK, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 26: Germany, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 27: Germany, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 28: France, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 29: France, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 30: Eastern Europe, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 31: Eastern Europe, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 32: Russia, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 33: Russia, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 34: North America, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 35: North America, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 36: USA, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 37: USA, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 38: South America, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 39: South America, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 40: Brazil, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 41: Brazil, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 42: Middle East, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 43: Middle East, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 44: Africa, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 45: Africa, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Table 46: Alpek SAB DE CV Financial Performance

Table 47: Ashland Inc Financial Performance

Table 48: Ineos Group AG Financial Performance

Table 49: Nova Chemicals Corporation Financial Performance

Table 50: Bayer Material science Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2017-2022, $ Billion

Figure 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion

Figure 3: Global Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 4: Global Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 5: Global Styrene Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 6: Global Styrene Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 7: Global Styrene Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 8: Asia-Pacific, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 9: Asia-Pacific, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 10: China, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 11: China, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 12: India, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 13: India, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 14: Japan, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 15: Japan, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 16: Australia, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 17: Australia, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 18: Indonesia, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 19: Indonesia, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 20: South Korea, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 21: South Korea, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 22: Western Europe, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 23: Western Europe, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 24: UK, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 25: UK, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 26: Germany, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 27: Germany, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 28: France, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 29: France, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 30: Eastern Europe, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 31: Eastern Europe, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 32: Russia, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 33: Russia, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 34: North America, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 35: North America, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 36: USA, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 37: USA, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 38: South America, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 39: South America, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 40: Brazil, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 41: Brazil, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 42: Middle East, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 43: Middle East, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 44: Africa, Styrene Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 45: Africa, Styrene Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

Figure 46: Alpek SAB DE CV Financial Performance

Figure 47: Ashland Inc Financial Performance

Figure 48: Ineos Group AG Financial Performance

Figure 49: Nova Chemicals Corporation Financial Performance

Figure 50: Bayer Material science Financial Performance

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Accounting Software Global Market Report 2024 – By Component (Solution, Services), By Type (Spreadsheets, Commercial Accounting Software, Enterprise Accounting Software, Custom Accounting Software), By Deployment Mode (On-Premise, Cloud), By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (BFSI, Retail and Ecommerce, Manufacturing, IT and Telecom, Healthcare, Government and Public Sector, Energy and Utilities, Media and Entertainment, Other Verticals) – Market Size, Trends, And Global Forecast 2024-2033

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Poly-Vinyl Chloride Global Market Report 2024 – By Product Type (Rigid PVC, Flexible PVC, Low-smoke PVC, Chlorinated PVC), By Application (Pipes & Fittings, Film & Sheets, Wire & Cables, Bottles, Profiles, Hoses & Tubing, Other Applications), By End User Industry (Building & Construction, Automotive, Electrical & Electronics, Packaging, Footwear, Healthcare, Other End Use Industries) – Market Size, Trends, And Global Forecast 2024-2033

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Ethyl Alcohol And Other Basic Organic Chemical Global Market Report 2024 – By Type (Synthetic Sweeteners, Plasticizers, Ethyl Alcohol, Silicone (except Resins), Fatty Acids, Gum and Wood Chemicals), By Grade (Food Grade, Industrial Grade, Cosmetics Grade), By End User Industry (Chemical Industry, Coating And Printing Industry, Electronics Industry, Food And Pharmaceutical Industry, Other End-User Industries) – Market Size, Trends, And Global Forecast 2024-2033

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Snow Pusher Global Market Report 2024 – By Product Type (Steel Edge, Rubber Edge, Pull Back, Turf Pusher, V-Plow), By Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket), By Application (Roads and Streets, Railways, Airports) – Market Size, Trends, And Global Forecast 2024-2033

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Potato Processing Global Market Report 2024 – By Product (Frozen, Dehydrated, Chips And Snack Pellets, Other Products), By Application (Ready to Cook and Prepared Meals, Snacks, Food Additives in Soups, Gravies, Bakery, Desserts, Other Applications), By Distribution Channel (Food Services, Specialty Stores, Convenient Stores, Departmental Stores, Other Distribution Channels) – Market Size, Trends, And Global Forecast 2024-2033

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Insulated Gate Bipolar Transistor (IGBT) Global Market Report 2024 – By Type (Discrete, Modular), By Power Rating (High Power, Medium Power, Low Power), By End-User (EV/HEV, Renewables, UPS, Rail, Motor Drives, Industrial, Commercial) – Market Size, Trends, And Global Forecast 2024-2033

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Frequently Asked Questions

What is the definition of the styrene market?

Styrene is a colorless, gritty organic compound derived from benzene. Styrene is readily evaporable and is also used as a precursor to polystyrene and several other copolymers. For further insights on the styrene market, request a sample here

How will the styrene market drivers and restraints affect the styrene market dynamics? What forces will shape the styrene industry going forward?

The styrene market growth is aided by high demand for polystyrene. However, some styrene market restraints include increasing health and environmental concerns. For further insights on the styrene market, request a sample here

What is the forecast market size or the forecast market value of the styrene market?

The styrene market is expected to reach $62.81 billion in 2026 at a rate of 4.7%. For further insights on the styrene market, request a sample here

How is the styrene market segmented?

The global styrene market is segmented as
1) By Type: Acrylonitrile butadiene styrene (ABS), Expanded polystyrene (EPS), Other Types
2) By Application: Automotive, Construction, Packaging consumer goods, Other Applications
3) By Distribution Channel: Offline, Online
For further insights on the styrene market, request a sample here

Which region has the largest share of the styrene market? What are the largest region's market size and growth rate?

Asia-Pacific was the largest region in the styrene market in 2022. For detailed insights on the largest region's market size and growth rate, request a sample here.

Who are the major players in the styrene market?

Key competitors in the styrene market are, Alpek SAB DE CV, Ashland Inc, Ineos Group AG, Nova Chemicals Corporation, Bayer Material science, Chevron Phillips Chemical Company LLC, ENI S.p.A., INEOS Styrolution Holding Ltd., Saudi Basic Industries Corp. (SABIC), Total S.A., The Dow Chemical Company, Styron LIC, Styrolution Group GmbH, Royal DSM, DowDuPont, Covestro, Trinseo, DSM. For further insights on the styrene market, request a sample here.

What are the key trends in the styrene market?

Major trends influencing the styrene market include working towards developing techniques to recycle styrene. In order to increase the efficiency and popularity of styrene, companies are investing in developing methods to recycle styrene. For further insights on the styrene market, request a sample here.

What are the major opportunities in the styrene market? What are the strategies for the styrene market?

For detailed insights on the major opportunities and strategies in the styrene market, request a sample here.

How does the styrene market relate to the overall economy and other similar markets?

For detailed insights on styrene market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the styrene industry?

For detailed insights on the mergers and acquisitions in the styrene industry, request a sample here.

What are the key dynamics influencing the styrene market growth? SWOT analysis of the styrene market.

For detailed insights on the key dynamics influencing the styrene market growth and SWOT analysis of the styrene industry, request a sample here.