India Styrene Acrylonitrile Resin (Comprehensive Techno-Commercial) Market Analysis and Forecast, 2013-2030

The demand for Styrene acrylonitrile resin (SAN) in India stood at 119 KTPA in 2018 and is projected to grow at a CAGR of 8.41% during 2019-2030. Rising urban middle class population and increasing disposable income is resulting in high demand for passenger vehicles and consumer goods, thereby propelling the demand for SAN in the country. Extensive use of plastic parts in automotive, electronics and medical industries is boosting the demand for SAN, owing to properties such as resistance to water, toughness, heat resistance and electrical insulation. Enhanced properties of SAN such as good chemical resistance, high rigidity & dimensional stability and greater hygiene & safety benefits are driving its application in electronic lenses, marine instruments, autoclavable devices and personal care products.

Years considered for this report:

Historical Years: 2013 - 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 - 2030

Objective of the Study:

• The primary objective of the study was to evaluate and forecast SAN capacity, production, demand, inventory, and the demand - supply gap in India.


• To categorize The Indian SAN market based on end-use, region and sales channel.


• To study trade dynamics and company share in the Indian SAN market.


• To identify major customers in the Indian SAN market.


• To evaluate and forecast SAN pricing in India.


• To identify and profile major companies operating in the Indian SAN market.


• To identify trending news, deals and expansion plans in the Indian SAN market.

Some of the major players operating in the Indian SAN market are INEOS Styrolution India Limited, Bhansali Engineering Polymers Limited, LG Chem, Daicel Polymer Limited, etc.

To extract data for the Indian SAN market, primary research surveys were conducted with SAN manufacturers, suppliers, distributors, wholesalers and end-users. While interviewing, the respondents were also inquired about their competitors. Through this technique, the author was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the author analyzed various end-user segments and projected a positive outlook for the Indian SAN market over the coming years.

The author calculated the demand for SAN in India by analyzing the historical data and demand forecast which was carried out considering growth in end-use industries. The author 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.

Key Target Audience:

• SAN manufacturers and other stakeholders


• Organizations, forums and alliances related to SAN 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 SAN manufacturers, distributors and policy makers. 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.

Available Customizations:

With the given market data, the author offers customizations according to a company’s specific needs.

*Note - Custom Research License:

10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.