Styrene Market Size, Share, Industry Analysis Report, 2030

1
Styrene Market Analysis Plant Capacity,
Production, Operating Efficiency, Technology,
Demand Supply, Application, Distribution
Channel, Regional Demand, 2015-2030
Styrene Market witnessed a demand of around 16.46
million tons globally in 2020 and is anticipated
to grow at a significant rate with a healthy CAGR
of 3.84 until 2030 owing to its surging demand
from the packaging industry. Read Full Report
Here https//www.chemanalyst.com/industry-report/
styrene-market-650 Online Quarterly Update
Styrene market witnessed a demand of 16.46
million tons in 2020 and is anticipated to grow
at a healthy CAGR of 3.84 through the forecast
period, 2030. It is a colorless to pale
yellowish (after aging) in color and is highly
volatile, flammable oily liquid with a sweet
smell. Commercially, the majority of the Styrene
is produced by the alkylation of Benzene with
Ethylene. Ethylbenzene is formed as an
intermediate which is further dehydrogenated to
form Styrene. Another method for its production
is via Ethylbenzene Hyperoxide, in which Styrene
is produced as a coproduct by reacting Propylene
Oxide (PO) within POSM (Propylene Oxide/Styrene
Monomer) units. It is primarily used in
manufacturing synthetic rubbers, latex,
polystyrene resins which are further employed in
making disposable cutlery, insulations, pipes,
plastic packaging, automobile and electronics
part, printing cartridges, containers, etc.
Based on its derivatives, the market is segmented
into Polystyrene (PS), Acrylonitrile-Butadiene-Sty
rene (ABS), Unsaturated Polyester Resins (UPR),
Styrene-Butadiene Rubber (SBR) and Others. PS is
one of the most commonly used thermoplastic
resins, which is further classified into types
such as High Impact Polystyrene (HIPS), General
Purpose Polystyrene (GPPS), Expandable
Polystyrene (EPS) and
2
Extruded Polystyrene (XPS). Surging demand for PS
from the packaging industry is likely to drive
the demand in the forthcoming years. Styrene and
its derivatives find applications in various
end-use industries such as Automobile,
Packaging, Construction, Consumer Goods, and
Others. Thereby, growth in these end-user
industries is anticipated to boost the market
over the forecast period.
However, the health and environmental hazards
associated with the chemical compound may hamper
its market growth in the forecast period. In the
first half of 2020, the sudden outbreak of the
COVID-19 pandemic, led to the imposition of
nationwide lockdowns by the major economies to
control the spread of virus. It resulted into
slowdown in industrial operations due to raw
material scarcity, labor shortage, etc. that
subsequently impacted the growth of industries
worldwide. The demand for Styrene also dipped as
the construction and automobile sectors were
drastically hit. Though its demand to make
Polystyrene was increased due to the rise in
e-commerce amid the covid crisis and PS is
largely used in the packaging industry which
helps the Styrene market to sustain and recovered
easily amid pandemics. However, in the latter
half of 2020, an improvement in the demand for
Styrene is witnessed due to the speedy recovery
in the automobile, construction and other
end-use industries, thereby, driving the growth
of the market over the forecast years.
Years Considered for this Report
Historical Years 2015 2019 Base Year
2020 Estimated Year 2021 Forecast Period 2022
2030

• Objective of the Study
• The primary objective of the study was to
  evaluate and forecast the Styrene capacity,
  production, demand, inventory, and demandsupply
  gap globally.
• To categorize Styrene demand based on End Use,
  Type, Region, and Distribution channel
• To identify major customers of Styrene globally.
• To evaluate and forecast Styrene pricing
  globally.
• To identify and profile major companies operating
  globally Styrene market.
• To identify major news, deals and expansion plans
  globally Styrene market.

3
Regional Outlook
Region wise, Asia Pacific accounted for the
maximum share of the Styrene market, followed by
North America. Due to rapid industrialization,
urbanization, ongoing construction projects in
the region, market is expected to boost through
2030. Moreover, China is a manufacturing hub of
Consumer Goods, Electronics, and Plastics which
is also likely to drive the market for Styrene
over the forecast period.
Key Players

• Chevron Phillips Chemical Company
• Bayer Material science
• Royal Dutch Shell plc.
• Ashland Inc
• Nova Chemicals Corporation
• SABIC Co.
• Ineos Group AG
• Alpek S.A.B. de C.V.
• Hanwha Group, Eni S.p.A., and TotalEnergies S.A.
  among others.

4
To extract data for Global Styrene market,
primary research surveys were conducted with
Styrene manufacturers, suppliers, distributors,
wholesalers and end users. While interviewing,
the respondents were also inquired about their
competitors. Through this technique, Chemanols
was able to include manufacturers that could not
be identified due to the limitations of secondary
research. Moreover, chemicals analyzed various
end user segments and projected a positive
outlook for Global Styrene market over the
coming years.
ChemAnalyst calculated Styrene demand globally by
analyzing the historical data and demand forecast
which was carried out considering the
Application industries growth. ChemAnalyst
sourced these values from industry experts and
company representatives and externally validated
through analyzing historical sales data of
respective manufacturers to arrive at the overall
market size. Various secondary sources such as
company websites, association reports, annual
reports, etc., were also studied by ChemAnalyst.
Key Target Audience

• Styrene manufacturers and other stakeholders
• Organizations, forums and alliances related to
  Styrene distribution
• Government bodies such as regulating authorities
  and policy makers
• Market research organizations and consulting
  companies

The study is useful in providing answers to
several critical questions that are important for
industry stakeholders, such as Styrene
manufacturers, distributors and policymakers. The
report also provides useful insights about which
market segments should be targeted over the
coming years to strategize investments and
capitalize on growth opportunities.
Report Scope
In this report, the Global Styrene market has
been segmented into following categories, in
addition to the industry trends which have also
been detailed below
5
Attribute Details
Market size volume in 2020 16.46 million Tons
Growth Rate CAGR of 3.84 from 2021 to 2030
Base year for estimation 2020
Historic Data 2015 2019
Forecast period 2021 2030
Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered End Use (Automobile, Packaging, Construction, Consumer Goods and Others) Type (Polystyrene (PS), Acrylonitrile-Butadiene-Styrene (ABS), Unsaturated Polyester Resins (UPR), Styrene-Butadiene Rubber (SBR) and Others) Distribution Channel (Direct/Institutional Sales, Other Channel Sales)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled Chevron Phillips Chemical Company, Bayer Material science, Royal Dutch Shell plc., Ashland Inc, Nova Chemicals Corporation, SABIC Co., Ineos Group AG, Alpek S.A.B. de C.V., Hanwha Group, Eni S.p.A., and TotalEnergies S.A. among others
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
6

• TABLE OF CONTENTS
• Global Styrene Market Outlook, 2015-2030
• Capacity, By Volume
• By Company
• Production, By Volume
• By Company
• Operating Efficiency
• By Company
• Global Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Region
• By Company
• By Sales channel
• North America Styrene Market Outlook, 2015-2030
• Capacity, By Volume
• By Country

4.4.1.1. 4.4.1.2.
By Company By Location
4.4.2. Production
7

• 4.4.2.1. By Company
• Operating Efficiency
• By Company
• United States Styrene Demand-Supply Scenario,
  2015-2030, By Volume
• Demand
• Supply
• Gap
• United States Styrene Demand Outlook, 2015-2030,
  By Volume
• By End Use
• By Type
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• Mexico Styrene Market Outlook, 2015-2030
• Capacity, By Volume

4.5.1.1. 4.5.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• Mexico Styrene Demand-Supply Scenario, 2015-2030,
  By Volume
• Demand
• Supply
• Gap
• Mexico Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel

8

• Canada Styrene Market Outlook, 2015-2030
• Capacity, By Volume

4.6.1.1. 4.6.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• Canada Styrene Demand-Supply Scenario, 2015-2030,
  By Volume
• Demand
• Supply
• Gap
• Canada Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• Asia Pacific Styrene Market Outlook, 2015-2030
• Capacity, By Volume
• By Country
• Production
• By Country

9
6.4.1.1. 6.4.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• China Styrene Demand-Supply Scenario, 2015-2030,
  By Volume
• Demand
• Supply
• Gap
• China Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• India Styrene Market Outlook, 2015-2030
• Capacity, By Volume

6.5.1.1. 6.5.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• India Styrene Demand-Supply Scenario, 2015-2030,
  By Volume
• Demand
• Supply
• Gap
• India Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type

10
6.5.5.3. 6.5.5.4. 6.5.5.5.
By Company Share (At least top 3 companies
market share) By Region By Sales Channel

• Japan Styrene Market Outlook, 2015-2030
• Capacity, By Volume

6.6.1.1. 6.6.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• Japan Styrene Demand-Supply Scenario, 2015-2030,
  By Volume
• Demand
• Supply
• Gap
• Japan Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• South Korea Styrene Market Outlook, 2015-2030
• Capacity, By Volume

6.7.1.1. 6.7.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• South Korea Styrene Demand-Supply Scenario,
  2015-2030, By Volume
• Demand

11

• Supply
• Gap
• South Korea Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• Taiwan Styrene Market Outlook, 2015-2030
• Capacity, By Volume

6.8.1.1. 6.8.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• Taiwan Styrene Demand-Supply Scenario, 2015-2030,
  By Volume
• Demand
• Supply
• Gap
• Taiwan Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Region
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• Singapore Styrene Market Outlook, 2015-2030
• Capacity, By Volume

6.9.1.1. 6.9.1.2.
By Company By Location
6.9.2. Production
12

• 6.9.2.1. By Company
• Operating Efficiency
• By Company
• Singapore Styrene Demand-Supply Scenario,
  2015-2030, By Volume
• Demand
• Supply
• Gap
• Singapore Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Region
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• Europe Styrene Market Outlook, 2015-2030
• Capacity, By Volume
• By Country
• Production
• By Country
• Operating Efficiency

8.5.1.1. 8.5.1.2.
By Company By Location

• Production
• By Company

13

• Operating Efficiency
• By Company
• Germany Styrene Demand-Supply Scenario,
  2015-2030, By Volume
• Demand
• Supply
• Gap
• Germany Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Company Share (At least top 3 companies
  market share)
• By Region
• By Sales Channel
• Belgium Styrene Market Outlook, 2015-2030
• Capacity, By Volume

8.5.6.1.1. 8.5.6.1.2. 8.5.6.2. 8.5.6.2.1. 8.5.6.3.
8.5.6.3.1.
By Company By Location Production By Company
Operating Efficiency By Company

• Belgium Styrene Demand-Supply Scenario,
  2015-2030, By Volume
• Demand
• Supply
• Gap
• Belgium Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• 8.6. France Styrene Market Outlook, 2015-2030

14
8.6.1. Capacity, By Volume
8.6.1.1. 8.6.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• France Styrene Demand-Supply Scenario, 2015-2030,
  By Volume
• Demand
• Supply
• Gap
• France Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• United Kingdom Styrene Market Outlook, 2015-2030
• Capacity, By Volume

8.7.1.1. 8.7.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• United Kingdom Styrene Demand-Supply Scenario,
  2015-2030, By Volume
• Demand
• Supply
• Gap
• United Kingdom Styrene Demand Outlook, 2015-2030,
  By Volume
• By End Use

15
8.7.5.2. 8.7.5.3. 8.7.5.4. 8.7.5.5.
By Type By Sales Channel By Company Share (At
least top 3 companies market share) By Region

• Spain Styrene Market Outlook, 2015-2030
• Capacity, By Volume

8.8.1.1. 8.8.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• Spain Styrene Demand-Supply Scenario, 2015-2030,
  By Volume
• Demand
• Supply
• Gap
• Spain Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• Italy Styrene Market Outlook, 2015-2030
• Capacity, By Volume

8.9.1.1. 8.9.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• 8.9.4. Italy Styrene Demand-Supply Scenario,
  2015-2030, By Volume

16

• Demand
• Supply
• Gap
• Italy Styrene Demand Outlook, 2015-2030, By
  Volume
• By End Use
• By Type
• By Sales Channel
• By Company Share (At least top 3 companies
  market share)
• By Region
• Sweden Styrene Market Outlook, 2015-2030
• Capacity, By Volume

8.10.1.1. 8.10.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• 8.10.4. Sweden Styrene Demand-Supply Scenario,
  2015-2030, By Volume

8.10.4.1. 8.10.4.2. 8.10.4.3.
Demand Supply Gap
8.10.5. Sweden Styrene Demand Outlook, 2015-2030,
By Volume
8.10.5.1. 8.10.5.2. 8.10.5.3. 8.10.5.4. 8.10.5.5.
8.11.
By End Use By Type By Sales Channel By Company
Share (At least top 3 companies market share) By
Region Austria Styrene Market Outlook, 2015-2030
8.11.1. Capacity, By Volume
8.11.1.1. 8.11.1.2.
By Company By Location
17

• Production
• By Company
• Operating Efficiency
• By Company
• 8.11.4. Austria Styrene Demand-Supply Scenario,
  2015-2030, By Volume

8.11.4.1. 8.11.4.2. 8.11.4.3.
Demand Supply Gap
8.11.5. Austria Styrene Demand Outlook,
2015-2030, By Volume
8.11.5.1. 8.11.5.2. 8.11.5.3. 8.11.5.4. 8.11.5.5.
By End Use By Type By Sales Channel By Company
Share (At least top 3 companies market share) By
Region

• MEA Styrene Market Outlook, 2015-2030
• Capacity, By Volume
• By Country
• Production
• By Country
• Operating Efficiency
• By Country
• MEA Styrene Demand Outlook, 2015-2030, By Volume
• By End Use
• By Type
• By Sales Channel
• By Country
• Saudi Arabia Styrene Market Outlook, 2015-2030
• Capacity, By Volume

10.5.1.1. 10.5.1.2.
By Company By Location
10.5.2. Production
18

• 10.5.2.1. By Company
• Operating Efficiency
• By Company
• 10.5.4. Saudi Arabia Styrene Demand-Supply
  Scenario, 2015-2030, By Volume

10.5.4.1. 10.5.4.2. 10.5.4.3.
Demand Supply Gap
10.5.5. Saudi Arabia Styrene Demand Outlook,
2015-2030, By Volume
10.5.5.1. 10.5.5.2. 10.5.5.3. 10.5.5.4. 10.5.5.5.
10.6.
By End Use By Type By Sales Channel By Company
Share (At least top 3 companies market share) By
Region Iran Styrene Market Outlook, 2015-2030
10.6.1. Capacity, By Volume
10.6.1.1. 10.6.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• 10.6.4. Iran Styrene Demand-Supply Scenario,
  2015-2030, By Volume

10.6.4.1. 10.6.4.2. 10.6.4.3.
Demand Supply Gap
10.6.5. Iran Styrene Demand Outlook, 2015-2030,
By Volume
10.6.5.1. 10.6.5.2. 10.6.5.3. 10.6.5.4. 10.6.5.5.
By End Use By Type By Sales Channel By Company
Share (At least top 3 companies market share) By
Region.
19

• South Africa Styrene Market Outlook, 2015-2030
• Capacity, By Volume

10.7.1.1. 10.7.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• 10.7.4. South Africa Styrene Demand-Supply
  Scenario, 2015-2030, By Volume

10.7.4.1. 10.7.4.2. 10.7.4.3.
Demand Supply Gap
10.7.5. South Africa Styrene Demand Outlook,
2015-2030, By Volume
10.7.5.1. 10.7.5.2. 10.7.5.3. 10.7.5.4. 10.7.5.5.
By End Use By Type By Sales Channel By Company
Share (At least top 3 companies market share) By
Region

• South America Styrene Market Outlook, 2015-2030
• Capacity, By Volume
• By Country
• Production
• By Country
• Operating Efficiency
• By Country
• 12. South America Styrene Demand Outlook,
  2015-2030, By Volume

12.1. 12.2. 12.3. Sales) 12.4. 12.5.
By End Use By Type By Sales Channel
(Direct/Institutional Sales, Retail Sales, Other
Channel
By Company Share (At least top 3 companies
market share) By Country
20

• Brazil Styrene Market Outlook, 2015-2030
• Capacity, By Volume

12.6.1.1. 12.6.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• 12.6.4. Brazil Styrene Demand-Supply Scenario,
  2015-2030, By Volume

12.6.4.1. 12.6.4.2. 12.6.4.3.
Demand Supply Gap
12.6.5. Brazil Styrene Demand Outlook, 2015-2030,
By Volume
12.6.5.1. 12.6.5.2. 12.6.5.3. 12.6.5.4. 12.6.5.5.
12.7.
By End Use By Type By Sales Channel By Company
Share (At least top 3 companies market share) By
Region Argentina Styrene Market Outlook, 2015-2030
12.7.1. Capacity, By Volume
12.7.1.1. 12.7.1.2.
By Company By Location

• Production
• By Company
• Operating Efficiency
• By Company
• 12.7.4. Argentina Styrene Demand-Supply Scenario,
  2015-2030, By Volume

12.7.4.1. 12.7.4.2. 12.7.4.3.
Demand Supply Gap
12.7.5. Argentina Styrene Demand Outlook,
2015-2030, By Volume
21
12.7.5.1. 12.7.5.2. 12.7.5.3. 12.7.5.4. 12.7.5.5.
By End Use By Type By Sales Channel By Company
Share (At least top 3 companies market share By
Region

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