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Styrene Acrylonitrile (SAN) Resins - Global Market Trajectory & Analytics

  • ID: 5030542
  • Report
  • April 2021
  • Region: Global
  • 192 Pages
  • Global Industry Analysts, Inc
Global Styrene Acrylonitrile (SAN) Resins Market to Reach $2.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Styrene Acrylonitrile (SAN) Resins estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$2.5 Billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027. Consumer Goods, one of the segments analyzed in the report, is projected to record a 3% CAGR and reach US$839.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electrical & Electronic Appliances segment is readjusted to a revised 3.1% CAGR for the next 7-year period.



The U.S. Market is Estimated at $569.1 Million, While China is Forecast to Grow at 4.9% CAGR

The Styrene Acrylonitrile (SAN) Resins market in the U.S. is estimated at US$569.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$505.4 Million by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Packaging Segment to Record 1.9% CAGR

In the global Packaging segment, USA, Canada, Japan, China and Europe will drive the 1.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$298.4 Million in the year 2020 will reach a projected size of US$332.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$344.7 Million by the year 2027, while Latin America will expand at a 2.7% CAGR through the analysis period.

Select Competitors (Total 42 Featured):
  • Asahi Kasei Corporation
  • Chi Mei Corporation
  • Formosa Chemicals & Fibre Corporation
  • INEOS Group
  • INEOS Styrolution Group GmbH
  • LG Chem
  • SABIC (Saudi Basic Industries Corporation)
  • Techno-UMG Co., Ltd.
  • Toyo Engineering Corporation
  • Trinseo LLC
Frequently Asked Questions about the Global Market for Styrene Acrylonitrile (SAN) Resins

What is the estimated value of the Global Market for Styrene Acrylonitrile (SAN) Resins?

The Global Market for Styrene Acrylonitrile (SAN) Resins was estimated to be valued at $2.1 Billion in 2020.

What is the growth rate of the Global Market for Styrene Acrylonitrile (SAN) Resins?

The growth rate of the Global Market for Styrene Acrylonitrile (SAN) Resins is 2.5%, with an estimated value of $2.5 Billion by 2027.

What is the forecasted size of the Global Market for Styrene Acrylonitrile (SAN) Resins?

The Global Market for Styrene Acrylonitrile (SAN) Resins is estimated to be worth $2.5 Billion by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown