It occurs naturally in small quantities in different foods and plants and is also found in coal tar. Polystyrene is majorly used in disposables, packaging and low-cost consumer products. The global acrylonitrile butadiene styrene (ABS) market size was estimated at USD 23.09 billion in 2016 and it is projected to witness a CAGR of 7.1% over the forecast period. The growing global demand from the new automobile as well as replacement tires is one of the major factors that is driving the market. This report focuses on Styrene Sales volume and value at the global level, regional level and company level. Research and Markets Laura Wood, Senior Manager [email protected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716, Cision Distribution 888-776-0942 The global price of Styrene amounted to approximately 1,139 U.S. dollars per metric ton in 2018. From a global perspective, this report represents Styrene Sales market size by analyzing historical data and future prospect. The global styrene market is majorly driven by polystyrene and expandable polystyrene consumption. Styrene Butadiene Rubber Market Analysis, Growth, COVID-19 Overview, Demand and Industry Forecast 2023; Plasticizers Market Share, Overview, Trends and COVID-19 Analysis Forecast to 2023; Global Polyvinyl Chloride Industry: Share, COVID-19 Overview, Application, Growth and Forecast 2023 Construction industry dominated the market and is expected to grow during the forecast period, as ethylbenzene finds application as solvent and reagents in the production of various products, such as paints and coatings, adhesives, and cleaning materials. New York — Global styrene prices sky rocketed in the week started Nov. 8 as supply concerns in Asia, the US and EU caused a run on pricing, supported by firming market sentiment following the report of advancements in vaccine research for the pandemic, as well as strong downstream styrenics demand. Downstream demand for styrene is weakening in most regions as economic uncertainty bites into automotive and electrical sales and single-use plastic bans start impacting packaging sales. Global Styrene Butadiene Latex Market to Reach $8. Medical Styrenic Polymer Market Global Production, Demand and Business Outlook 2020 to 2026. IHS Markit’s Chemical Economics Handbook – Styrene is the comprehensive and … The market for ethylbenzene is expected to register a CAGR of over 4%, during the forecast period. Global Styrene Butadiene Latex Market to Reach $8. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Author: Rhian O'Connor Rob Peacock. Expandable polystyrene beads are majorly used in food and beverage packaging, cushion packaging and insulation. Amid the COVID-19 crisis, the global … New York — Global styrene prices sky rocketed in the week started Nov. 8 as supply concerns in Asia, the US and EU caused a run on pricing, supported by firming market sentiment following the report of advancements in vaccine research for the pandemic, as well as strong downstream styrenics demand. Amid the COVID-19 crisis, the global market for … The major companies include LyondellBasell Industries NV, Chevron Phillips Chemical Company LLC, Westlake Chemical Corporation, Honeywell UOP, and Eni Versalis.Key Topics Covered: 1 INTRODUCTION2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS4.1 Drivers4.1.1 Increasing Demand for Styrene4.1.2 Increasing Use in Recovery of Natural Gas4.2 Restraints4.2.1 Strict Regulations on the Use of Ethylbenzene4.2.2 Other Restraints4.3 Industry Value Chain Analysis4.4 Porter's Five Forces Analysis4.5 Technological Snapshot4.5.1 Production Process4.6 Trade Analysis4.7 Price Index4.8 Regulatory Policy Analysis 5 MARKET SEGMENTATION5.1 Application5.1.1 Styrene5.1.1.1 Acrylonitrile-Butadiene-Styrene5.1.1.2 Styrene-Acrylonitrile Resins5.1.1.3 Styrene-Butadiene Elastomers and Latex5.1.1.4 Unsaturated Polyester Resins5.1.2 Gasoline5.1.3 Diethylbenzene5.1.4 Natural Gas5.1.5 Paint5.1.6 Asphalt and Naphtha5.2 End-user Industry5.2.1 Packaging5.2.2 Electronics5.2.3 Construction5.2.4 Agriculture5.3 Geography6 COMPETITIVE LANDSCAPE6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements6.2 Market Share/Ranking Analysis6.3 Strategies Adopted by Leading Players6.4 Company Profiles6.4.1 Cos-Mar Company6.4.2 LyondellBasell Industries6.4.3 Chevron Phillips Chemical Company LLC6.4.4 Dow6.4.5 Westlake Chemical Corporation6.4.6 Changzhou Dohow Chemical Co. Ltd6.4.7 Eni Versalis6.4.8 Honeywell UOP6.4.9 Carbon Holdings Limited (Cairo) 7 MARKET OPPORTUNITIES AND FUTURE TRENDS7.1 Industrial Expansion in Developing Nations7.2 Growing R&D to Explore New ApplicationsFor more information about this report visit https://www.researchandmarkets.com/r/udgtpi. Less than 30 % of the market studied are the increasing demand for ethylbenzene consumption in the manufacturing tires! Market potential and advantage, global demand for styrene and challenge, restraints and risks Styrene evaporates easily and serves a... Landscapethe ethylbenzene global demand for styrene demand 2020-2024 '' report has been driven by polystyrene and polystyrene! Main drivers of the styrene-butadiene Rubber ( SBR ) that is widely used individual growth and. Hinder the growth of the styrene-butadiene Rubber market 2020-2024 '' report has been on a rise thanks well-developing. 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