Styrenic Polymers: Global Strategic Business Report

Global Styrenic Polymers Market to Reach $5.9 Billion by 2030

The global market for Styrenic Polymers estimated at US$3.7 Billion in the year 2022, is projected to reach a revised size of US$5.9 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Polystyrene (PS), one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$3.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Acrylonitrile Butadiene Styrene (ABS) segment is readjusted to a revised 5.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 9% CAGR

The Styrenic Polymers market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Select Competitors (Total 44 Featured) -

• Chevron Phillips Chemical Company LLC
• Chi Mei Corporation
• Kraton Corporation
• LG Chem Ltd.
• SABIC (Saudi Basic Industries Corporation)
• TRINSEO LLC
• TSRC Corporation

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year