Title: Styrene Acrylonitrile Market share research by applications and regions for 2017-2024
1Styrene Acrylonitrile MarketProducts,
Applications regional performance 2016 2024
Styrene Acrylonitrile Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada,
Mexico, UK, Germany, France, Italy, China,
Australia, India, Japan, Indonesia, Argentina,
Brazil, Saudi Arabia, UAE, Kuwait, ), Application
Development Potential, Price Trends, Competitive
Market Share Forecast, 2016 2024
2Global Market Scenario of Styrene Acrylonitrile
Market
- Styrene Acrylonitrile Market size is projected to
witness a high growth owning to development of
end use industries including cosmetics,
automotive, printing, drawing equipment, air
conditioner, plastics and business cases. - There is a significant demand for SAN resins in
manufacturing of tooth brush handle, hangers,
food container, personal computers, televisions
and handheld devices which is projected to boost
product market size. - High demand for electrical electronic
appliances is expected to fuel styrene
acrylonitrile market. - Growing use of SAN in medical applications which
include dental equipment, autoclavable devices
and medical light diffusers is a major driver for
styrene acrylonitrile market size. - Increasing use of advanced materials and
technologies and reduction in product price
through healthy competition are assisting market
growth.
3- Product Analysis-
- Styrene Acrylonitrile (SAN) is used in packaging
of compact and lipstick cases. - SAN has many features including, high clarity,
processability, rigidity, stability, chemical
heat resistant, offers superior safety and
hygiene. - The product is non-biodegradable and prolong
exposure should be avoided as it causes cancer. - Regional Trends-
- Asia pacific region, led by China for styrene
acrylonitrile market holds the largest market
share owning to increasing urbanization rate and
GDP growth. Other factors which include,
improving economic condition, growing disposable
income and demand for electronic and consumer
goods will fuel the product market size. a
substantial contributor in the global acetate
salt market due to its well established
pharmaceutical industry. - North American market for the product is
projected to experience moderate growth due to
market saturation. Styrene acrylonitrile market
in the region is driven by end users including,
transportation and appliance industry. - Europe, dominated by France and Germany is
expected to witness significant growth in styrene
acrylonitrile market with rise in appliance
industry in the region.
4- Competitor Analysis-
- The styrene acrylonitrile market is consolidated
with presence of many manufacturing companies
worldwide. - Some of the major companies are Samsung Cheil
Industries, Chi Mei, INEOS, Ningbo LG Yongxing
Chemical, Styrolution, China National Petroleum,
Sabic Innovative plastics, Toray Industries,
Formosa Plastics, Tianjin Dagu Chemicals, Styron,
Techno Polymer and Petro China. - Companies have adopted several strategies to
capture naphthalene market which include
expansion, investments, merger and acquisitions.
Manufacturing companies and end-product
manufacturers infuse high investments for future
technology modifications to match newer demand
coming from several end-user industries.
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