Styrenics Market by Global Manufacturers, Types, Regions and Applications Research Report Forecast to 2027

London, UK -- (SBWire) -- 11/19/2021 --Styrenics polymers refer to the economical plastics that constitutes a family of major plastic products with styrene as the key building block. Styrene is an organic compound that easily evaporates. Such compounds are widely used across a range of industries such as construction, automotive, food processing and others. The global styrenics market is being driven by growing renewable energy use and tire labeling regulations and increasing application in various end-use industries. Furthermore, rapid development of infrastructure in developing countries will provide new opportunities for the global styrenics industry. There are wide scale applications of styrenics across end use industries. For instance, in the automotive industry, such polymers are used in the production of automotive exterior and interior. Also, it is used to make plastic packaging, disposable containers and cups, insulation, etc. With growth in the end use industries, the adoption of styrenics is further expected to increase. According to Statista, light vehicle production across the globe is expected to increase from 70 million units in 2020 to approximately 93 million units in 2025. Such growth in the automotive sector is likely to increase the adoption of styrenics and is expected to boost the market growth. However, increasing environment and health concerns may impede market growth over the forecast period of 2021-2027.

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Listed Key players included in Styrenics market are:

BASF SE
Bayers AG
Eni S.P.A
Ineos Group
DSM
SABIC
The Dow Chemical Company
Total SA
Repsol SA
Asahi Kasei Corporation

Styrenics Market Segmentation Listed Below:

By Polymer Type:
Polystyrene
Styrene Butadiene Rubber
Acrylonitrile Butadiene Styrene
Unsaturated Polyester Resin
Others

By Application:
Automotive
Electrical and Electronics
Building and Construction
Packaging
Consumer Products
Others

The market research is a thorough and in-depth examination of the industry, with a focus on worldwide market trends. The report's goal is to give readers a broad overview of the market as well as thorough market segmentation. Critical market statistics, key market trends, and opportunities, as well as statistics on the market position of the leading industry players, are included in the study. The analysis delves into the drivers and prospects, key investment pockets, key segments, Porter's Five Forces, value chain, and competitive environment in great depth. The Styrenics analysis looks into market dynamics at the regional and country levels.

The study report also calculates present and prior market values in order to forecast possible market management over the forecast period. Styrenics market research necessitates a thorough examination of the industry's development components, trends, flows, and sizes. There's also a competitive overview with corporate market shares and profiles for important revenue streams. The investigation evaluates the current state of the industry group as well as future sections that could estimate market progress throughout the forecasted term.

Market Segmentation

The report divides the global market into four segments: vertical, service, end use, and geography. Geographic analysis is provided for regions such as North America, Latin America, Asia-Pacific, Europe, and the Rest of the World in the global Styrenics market study. The dynamic nature of the corporate environment in today's global economy is increasing demand for business experts who can keep up with current market conditions.

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Competitive Analysis

The Styrenics market research study contains details on future profitability, company portfolios, and industry leaders who are improving supply chain logistics, growing their worldwide footprint, and gaining a competitive advantage in the global market. Demand is expected to increase as large corporations and government agencies seek more information on the current scenario. Companies are adopting a number of growth and expansion strategies in order to gain a competitive advantage. At various phases of the value chain, industry participants monitor value chain integration with company activities.

COVID-19 Impact Analysis

The emergence of COVID-19 had a significant influence on the Styrenics market. New projects have also been postponed all throughout the world, effectively halting the industry. The COVID-19 lockout compelled the development of new techniques for dealing with future events while maintaining a consistent rate of growth.

Table of Contents – Major Key Points Included

Chapter 1. Executive Summary

Chapter 2. Global Market Definition and Scope

Chapter 3. Global Market Dynamics

Chapter 4. Global Market Industry Analysis

Chapter 5. Global Styrenics Market, by Polymer Type

Chapter 6. Global Styrenics Market, by Application

Chapter 7. Global Styrenics Market, Regional Analysis

Chapter 8. Competitive Intelligence

Chapter 9. Research Process

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