Global Styrene Market 2015-2019

  • Published: Apr 2015
  • Pages: 97
  • SKU: IRTNTR5581
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About Styrene

Styrene, also known as vinylbenzene, phenylethane, and ethenylbenzene, is an organic compound that is colorless, flammable, water insoluble, and oily. It evaporates easily and has a sweet odor. It has a high tendency to undergo polymerization and copolymerization. Styrene, primarily prepared from dehydrogenation of ethylbenzene, is a derivative of benzene. Commercially styrene is produced as a co-product in the production of propylene oxide through the POSM process. Styrene is found naturally in various foods and plants and also in coal tar. It is a precursor of polymers and copolymers, such as polystyrene, EPS, ABS, SBR, UPR, and others, which are used in a wide range of applications encompassing areas such as construction, packaging, automobile, electrical and electronics, and consumer goods.

TechNavio's analysts forecast the Global Styrene market to grow at a CAGR of 4.82 percent over the period 2014-2019.

Covered in this Report

The Global Styrene market is divided into the following segments based on derivatives: Polystyrene, EPS, ABS, SBR, UPR, Thermoplastic Elastomers, and Others.

TechNavio's report, Global Styrene Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the APAC and EMEA regions; it also covers the Global Styrene market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

• Americas

• APAC

• EMEA      

Key Vendors

• Bayer MaterialScience

• CNPC

• Dow Chemical

• Lyondell Basell Chemical

• Nova Chemicals

• Shell Chemicals

Other Prominent Vendors

• Americas Styrenics

• BASF

• Chevron Phillips Chemical

• LG Chem

• Mitsubishi Chemical

• Styrolution

• Total Petrochemicals

Market Driver

•    Growing Demand and Production in APAC Market

•    For a full, detailed list, view our report

Market Challenge

• Instability in Crude Oil Prices

•  For a full, detailed list, view our report

Market Trend

• Decrease in Demand from Developed Countries

• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size, market forecast be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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