Styrene Monomer Market Share, Demand and Analysis to 2028

    Styrene Monomer Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application [Polystyrene, Acrylonitrile-Butadiene Styrene (ABS), Styrene-Acrylonitrile (SAN), SB Latex and Rubber, and Others] and End-Use Industry (Packaging, Automobile, Consumer Goods, Construction, and Others)

    Publication Month: Dec 2021 | Report Code: TIPRE00026171 | No. of Pages: 149 | Category: Chemicals and Materials | Status: Published

    The styrene monomer market was valued at US$ 29,904.30 million in 2021 and is projected to reach US$ 42,558.55 million by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028.



    Styrene monomer is used as a building block to produce a variety of plastic and rubber products. Styrene monomer is used primarily to produce polystyrene (PS). Polystyrene is used in various applications, including packaging, consumer electronics, toys, and recreational equipment. Styrene monomer is also used to produce expanded polystyrene (EPS), styrene-acrylonitrile (SAN), acrylonitrile-butadiene styrene (ABS), unsaturated polyester resins (UPR), styrene-butadiene rubber (SBR), and styrene butadiene latex (SBL).

    In 2020, Asia Pacific held the largest revenue share of the global styrene monomer market. In Asia Pacific, the growing urbanization is fueling the demand for styrene monomer. The construction industry extensively uses styrene chemical-based products for building materials. In addition to this, styrene monomer chemical is widely used to manufacture paints. Furthermore, the rising strategic partnership and joint ventures among market players is expected to positively influence the market in the Asia Pacific region.

    Strategic Insights

    Impact of COVID-19 Pandemic on Styrene Monomer Market

    The COVID-19 pandemic has drastically altered the status of the chemicals & materials sector and negatively impacted the growth of the styrene monomer market.The significant decline in the growth of several industrial sectors has impacted the demand for styrene monomers in the global market. Various industries have faced supply chain disruption due to the COVID-19 pandemic. The demand for styrene monomer has been negatively affected due to the total shutdown of construction activities. The pandemic has also caused fluctuations in the prices of styrene monomers. However, as the economies are planning to revive their operations, the demand for styrene monomers is expected to rise globally. The previously postponed construction projects are ready to resume, which would further provide an opportunity for the styrene monomer market players to regain normalcy.

    Global Styrene Monomer Market Breakdown – by Region

    Global Styrene Monomer Market Breakdown – by Region

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    Market Insights
    Increasing Demand from Various End-Use Industries

    Styrene monomer is primarily used to produce polystyrene (PS), utilized in various everyday products. The growing demand for polystyrene for various applications such as packaging and consumer electronics is creating the demand for styrene monomers. Expandable polystyrene beads are mainly used in the insulation and packaging industry, while expanded polystyrene can enhance buildings' design and structural integrity. The increasing demand for these materials from various end-use industries is driving this market substantially.

    End-use Industry Insights

    Based on end-use industry, the global styrene monomer market has been segmented into packaging, automobile, consumer goods, construction, and others. The packaging segment held the largest share of the global styrene monomer market in 2020. Solid polystyrene finds applications in packaging products and rigid foodservice containers. Polystyrene foam is used in lightweight protective packaging and foodservice containers.

    Styrene Monomer Market, by End-Use Industry – 2020 and 2028

    Styrene Monomer Market, by End-Use Industry – 2020 and 2028

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    The key players operating in the global styrene monomer market include Americas Styrenics LLC (AmSty); Asahi Kasei Corporation; BASF SE; Idemitsu Kosan Co., Ltd.; INEOS Styrolution Group GmbH; LG Chem; LOTTE Chemical CORPORATION; LyondellBasell Industries Holdings B.V.; Trinseo; and Westlake Chemical Corporation. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill the customer's requirements.

    Report Spotlights

    • Progressive industry trends in the styrene monomer market to help players develop effective long-term strategies
    • Business growth strategies adopted by developed and developing markets
    • Quantitative analysis of the styrene monomer market from 2019 to 2028
    • Estimation of global demand for styrene monomer
    • Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
    • Recent developments to understand the competitive market scenario
    • Market trends and outlook, as well as factors driving and restraining the growth of the styrene monomer market
    • Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
    • The size of the styrene monomer market size at various nodes
    • Detailed overview and segmentation of the market, as well as the styrene monomer industry dynamics
    • Size of the styrene monomer market in various regions with promising growth opportunities

    Global Styrene Monomer Market

    By Application

    • Polystyrene
    • Acrylonitrile-Butadiene Styrene (ABS)
    • Styrene-Acrylonitrile (SAN)
    • SB Latex and Rubber
    • Others

    End-Use Industry

    • Packaging
    • Automobile
    • Consumer Goods
    • Construction
    • Others

    Company Profiles

    • Americas Styrenics LLC (AmSty)
    • Asahi Kasei Corporation
    • BASF SE
    • Idemitsu Kosan Co., Ltd.
    • INEOS Styrolution Group GmbH
    • LG Chem
    • LOTTE Chemical CORPORATION
    • LyondellBasell Industries Holdings B.V.
    • Trinseo
    • Westlake Chemical Corporation

    Frequently Asked Questions

    The major players operating in the global styrene monomer market are Americas Styrenics LLC (AmSty), Asahi Kasei Corporation, BASF SE, Idemitsu Kosan Co.,Ltd., INEOS Styrolution Group GmbH, LG Chem, LOTTE Chemical CORPORATION, LyondellBasell Industries Holdings B.V., Trinseo, Westlake Chemical Corporation, among others.
    In 2021, Asia Pacific held the largest share of the global styrene monomer market. The food industry is one of the major end-users of the styrene monomer as it is extensively utilized in food packaging. Moreover, in the Asia Pacific region, growing construction work is expected to accelerate the demand for styrene monomers.
    The polystyrene segment held the largest share of the global styrene monomer market in 2021. Styrene is mainly used in the production of polystyrene, which is a major material used in applications such as packaging, consumer electronics, toys, recreational equipment, and refrigerator door liners.
    Ans. The packaging segment held the largest share of the styrene monomer market in 2021. Styrene monomers are extensively utilized in food packaging. Polystyrene foam is used in lightweight protective packaging and foodservice containers.
    The Acrylonitrile-Butadiene Styrene (ABS) segment is the fastest growing segment in the global styrene monomer market during the forecasted period. Various properties of acrylonitrile-butadiene styrene plastic make it a suitable material for applications such as automotive, sports equipment, electrical appliances, and toys.
    The automobile segment is the fastest growing segment in the global styrene monomer market during the forecasted period. Acrylonitrile-butadiene styrene (as a thermoplastic resin) and styrene-acrylonitrile are used in automotive applications.

    1. Introduction 19

    1.1 Study Scope. 19

    1.2 The Insight Partners Research Report Guidance. 19

    1.3 Market Segmentation. 20

    1.3.1 Styrene Monomer Market, by Application. 21

    1.3.2 Styrene Monomer Market, by End-use Industry. 21

    1.3.3 Styrene Monomer Market, by Geography. 22

    2. Key Takeaways 23

    3. Research Methodology 27

    3.1 Scope of the Study. 27

    3.2 Research Methodology. 27

    3.2.1 Data Collection: 28

    3.2.2 Primary Interviews: 28

    3.2.3 Hypothesis formulation: 29

    3.2.4 Macro-economic factor analysis: 29

    3.2.5 Developing base number: 29

    3.2.6 Data Triangulation: 29

    3.2.7 Country level data: 30

    4. Styrene Monomer Market Landscape 31

    4.1 Market Overview.. 31

    4.3 Ecosystem Analysis. 34

    4.4 Expert Opinion. 35

    5. Styrene Monomer Market – Key Market Dynamics 36

    5.1 Key Market Drivers. 36

    5.1.1 Increasing Demand from Various End-use Industries: 36

    5.1.2 Growing Use of Expanded Polystyrene in Construction Industry. 36

    5.2 Key Market Restraints. 37

    5.2.1 Volatile Styrene Prices: 37

    5.3 Key Market Opportunities. 37

    5.3.1 Rapid Growth in Automotive Industry: 37

    5.4 Future Trends. 37

    5.4.1 Increasing Focus on Making Recycled Styrene Monomer: 37

    5.5 Impact Analysis. 38

    6. Styrene Monomer – Global Market Analysis 39

    6.1 Styrene Monomer Market Overview.. 39

    6.2 Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Mn) 40

    6.3 Market Positioning – Global Market Players. 41

    7. Global Styrene Monomer Market - By Application 42

    7.1 Market Overview.. 42

    7.2 Global Styrene Monomer Market, By Application (2020 and 2028) 42

    7.3 Polystyrene. 42

    7.3.1 Polystyrene: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 42

    7.4 Acrylonitrile-Butadiene Styrene (ABS) 43

    7.4.1 Acrylonitrile-Butadiene Styrene (ABS): Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 43

    7.5 Styrene-Acrylonitrile (SAN) 44

    7.5.1 Styrene-Acrylonitrile (SAN): Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 44

    7.6 SB Latex and Rubber 45

    7.6.1 SB Latex and Rubber: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 45

    7.7 Others. 46

    7.7.1 Others: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 46

    8. Global Styrene Monomer Market Analysis – By End-use Industries 47

    8.1 Overview.. 47

    8.2 Global Styrene Monomer Market, By End-Use Industries (2020 and 2028) 47

    8.3 Packaging. 47

    8.3.1 Packaging: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 47

    8.4 Automobile. 49

    8.4.1 Automobile: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 49

    8.5 Consumer Goods. 50

    8.5.1 Consumer Goods: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 50

    8.6 Construction. 51

    8.6.1 Construction: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 51

    8.7 Others. 52

    8.7.1 Others: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 52

    9. Styrene Monomer Market – Geography Analysis 53

    9.1 Overview.. 53

    9.2 North America. 53

    9.2.1 Overview.. 53

    9.2.2 North America: Styrene monomer Market –Revenue and Forecast to 2028 (US$ Million) 54

    9.2.3 North America: Styrene monomer Market, By Application. 55

    9.2.4 North America: Styrene monomer Market, by End Use. 56

    9.2.5 North America: Styrene monomer Market, by Key Country. 57

    9.2.5.1 US: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 57

    9.2.5.1.1 US: Styrene monomer Market, by Application. 58

    9.2.5.1.2 US: Styrene monomer Market, by End Use. 58

    9.2.5.2 Canada: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 59

    9.2.5.2.1 Canada: Styrene monomer Market, by Application. 59

    9.2.5.2.2 Canada: Styrene monomer Market, by End Use. 60

    9.2.5.3 Mexico: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 60

    9.2.5.3.1 Mexico: Styrene monomer Market, by Application. 61

    9.2.5.3.2 Mexico: Styrene monomer Market, by End Use. 61

    9.3 Europe: Styrene monomer Market 62

    9.3.1 Europe: Styrene monomer Market –Revenue and Forecast to 2028 (US$ Million) 62

    9.3.2 Europe: Styrene monomer Market, by Application. 63

    9.3.3 Europe: Styrene monomer Market, by End Use. 64

    9.3.4 Europe: Styrene monomer Market, by Key Country. 65

    9.3.4.1 Germany: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 65

    9.3.4.1.1 Germany: Styrene monomer Market, by Application. 66

    9.3.4.1.2 Germany: Styrene monomer Market, by End Use. 66

    9.3.4.2 France: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 67

    9.3.4.2.1 France: Styrene monomer Market, by Application. 67

    9.3.4.2.2 France: Styrene monomer Market, by End Use. 68

    9.3.4.3 Italy: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 68

    9.3.4.3.1 Italy: Styrene monomer Market, by Application. 69

    9.3.4.3.2 Italy: Styrene monomer Market, by End Use. 69

    9.3.4.4 UK: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 70

    9.3.4.4.1 UK: Styrene monomer Market, by Application. 70

    9.3.4.4.2 UK: Styrene monomer Market, by End Use. 71

    9.3.4.5 Russia: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 71

    9.3.4.5.1 Russia: Styrene monomer Market, by Application. 72

    9.3.4.5.2 Russia: Styrene monomer Market, by End Use. 72

    9.3.4.6 Rest of Europe: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 73

    9.3.4.6.1 Rest of Europe: Styrene monomer Market, by Application. 73

    9.3.4.6.2 Rest of Europe: Styrene monomer Market, by End Use. 74

    9.4 Asia-Pacific: Styrene Monomer Market 75

    9.4.1 Asia-Pacific: Styrene Monomer Market – Analysis and Forecast to 2028 (US$ Million) 76

    9.4.2 Asia-Pacific: Styrene Monomer Market , by Application. 76

    9.4.3 Asia-Pacific: Styrene Monomer Market , by End-Use Industry. 77

    9.4.4 Asia-Pacific: Styrene Monomer Market , by Key Country. 78

    9.4.4.1 Australia: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 79

    9.4.4.1.1 Australia: Styrene Monomer Market , by Application. 79

    9.4.4.1.2 Australia: Styrene Monomer Market , by End-Use Industry. 80

    9.4.4.2 China: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 80

    9.4.4.2.1 China: Styrene Monomer Market , by Application. 81

    9.4.4.2.2 China: Styrene Monomer Market , by End-Use Industry. 81

    9.4.4.3 India: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 82

    9.4.4.3.1 India: Styrene Monomer Market , by Application. 83

    9.4.4.3.2 India: Styrene Monomer Market , by End-Use Industry. 83

    9.4.4.4 Japan: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 84

    9.4.4.4.1 Japan: Styrene Monomer Market , by Application. 84

    9.4.4.4.2 Japan: Styrene Monomer Market , by End-Use Industry. 85

    9.4.4.5 South Korea: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 85

    9.4.4.5.1 South Korea: Styrene Monomer Market , by Application. 86

    9.4.4.5.2 South Korea: Styrene Monomer Market , by End-Use Industry. 86

    9.4.4.6 Rest of Asia-Pacific: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 87

    9.4.4.6.1 Rest of Asia-Pacific: Styrene Monomer Market , by Application. 87

    9.4.4.6.2 Rest of Asia-Pacific: Styrene Monomer Market , by End-Use Industry. 88

    9.5 Middle East and Africa: Styrene Monomer Market 89

    9.5.1 Middle East and Africa: Styrene Monomer Market – Analysis and Forecast to 2028 (US$ Million) 89

    9.5.2 Middle East and Africa: Styrene Monomer Market , by Application. 90

    9.5.3 Middle East and Africa: Styrene Monomer Market , by End-Use Industry. 91

    9.5.4 Middle East and Africa: Styrene Monomer Market , by Key Country. 92

    9.5.4.1 South Africa: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 92

    9.5.4.1.1 South Africa: Styrene Monomer Market , by Application. 93

    9.5.4.1.2 South Africa: Styrene Monomer Market , by End-Use Industry. 93

    9.5.4.2 Saudi Arabia: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 94

    9.5.4.2.1 Saudi Arabia: Styrene Monomer Market , by Application. 94

    9.5.4.2.2 Saudi Arabia: Styrene Monomer Market , by End-Use Industry. 95

    9.5.4.3 UAE: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 95

    9.5.4.3.1 UAE: Styrene Monomer Market , by Application. 96

    9.5.4.3.2 UAE: Styrene Monomer Market , by End-Use Industry. 96

    9.5.4.4 Rest of the Middle East and Africa: Styrene Monomer Market –Analysis and Forecast to 2028 (US$ Million) 97

    9.5.4.4.1 Rest of the Middle East and Africa: Styrene Monomer Market , by Application. 97

    9.5.4.4.2 Rest of the Middle East and Africa: Styrene Monomer Market , by End-Use Industry. 98

    9.6 South and Central America: Styrene Monomer Market 99

    9.6.1 South America: Styrene Monomer Market – Revenue and Forecast to 2028(USD Million) 99

    9.6.2 South America: Styrene Monomer Market, By Application. 100

    9.6.3 South America: Styrene Monomer Market, by End-Use Industry. 101

    9.6.4 South America: Styrene Monomer Market, by Key Country. 102

    9.6.4.1 Brazil: Styrene Monomer Market –Revenue and Forecast to 2028 (USD Million) 102

    9.6.4.1.1 Brazil: Styrene Monomer Market, By Application. 103

    9.6.4.1.2 Brazil: Styrene Monomer Market, by End-Use Industry. 103

    9.6.4.2 Argentina: Styrene Monomer Market –Revenue and Forecast to 2028 (USD Million) 104

    9.6.4.2.1 Argentina: Styrene Monomer Market, By Application. 104

    9.6.4.2.2 Argentina: Styrene Monomer Market, by End-Use Industry. 105

    9.6.4.3 Rest of SAM: Styrene Monomer Market –Revenue and Forecast to 2028 (USD Million) 105

    9.6.4.3.1 Rest of SAM: Styrene Monomer Market, By Application. 106

    9.6.4.3.2 Rest of SAM: Styrene Monomer Market, by End-Use Industry. 106

    10. Impact of COVID-19 Pandemic on Global Styrene Monomer Market 107

    10.1 107

    10.2 Impact of COVID-19 on Styrene Monomer Market 107

    10.3 North America: Impact Assessment of COVID-19 Pandemic. 108

    10.4 Europe: Impact Assessment of COVID-19 Pandemic. 109

    10.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic. 110

    10.6 Middle East and Africa: Impact Assessment of COVID-19 Pandemic. 111

    10.7 South and Central America: Impact Assessment of COVID-19 Pandemic. 112

    11. Industry Landscape 113

    11.1 Overview.. 113

    11.2 Market Initiative. 113

    11.3 Merger and Acquisition. 114

    12. Company Profiles 115

    12.1 Americas Styrenics LLC (AmSty) 115

    12.1.1 Key Facts. 115

    12.1.2 Business Description. 115

    12.1.3 Products and Services. 115

    12.1.4 Financial Overview.. 115

    12.1.5 SWOT Analysis. 116

    12.1.6 Key Developments. 116

    12.2 Asahi Kasei Corporation. 117

    12.2.1 Key Facts. 117

    12.2.2 Business Description. 117

    12.2.3 Products and Services. 117

    12.2.4 Financial Overview.. 118

    12.2.5 SWOT Analysis. 120

    12.2.6 Key Developments. 120

    12.3 BASF SE. 121

    12.3.1 Key Facts. 121

    12.3.2 Business Description. 121

    12.3.3 Products and Services. 121

    12.3.4 Financial Overview.. 122

    12.3.5 SWOT Analysis. 123

    12.3.6 Key Developments. 123

    12.4 Idemitsu Kosan Co.,Ltd. 124

    12.4.1 Key Facts. 124

    12.4.2 Business Description. 124

    12.4.3 Products and Services. 124

    12.4.4 Financial Overview.. 125

    12.4.5 SWOT Analysis. 126

    12.4.6 Key Developments. 126

    12.5 INEOS Styrolution Group GmbH.. 127

    12.5.1 Key Facts. 127

    12.5.2 Business Description. 127

    12.5.3 Products and Services. 127

    12.5.4 Financial Overview.. 128

    12.5.5 SWOT Analysis. 130

    12.5.6 Key Developments. 130

    12.6 LG Chem.. 131

    12.6.1 Key Facts. 131

    12.6.2 Business Description. 131

    12.6.3 Products and Services. 131

    12.6.4 Financial Overview.. 132

    12.6.5 SWOT Analysis. 133

    12.6.6 Key Developments. 133

    12.7 LOTTE Chemical CORPORATION.. 134

    12.7.1 Key Facts. 134

    12.7.2 Business Description. 134

    12.7.3 Products and Services. 134

    12.7.4 Financial Overview.. 135

    12.7.5 SWOT Analysis. 135

    12.7.6 Key Developments. 136

    12.8 LyondellBasell Industries Holdings B.V. 137

    12.8.1 Key Facts. 137

    12.8.2 Business Description. 137

    12.8.3 Products and Services. 137

    12.8.4 Financial Overview.. 138

    12.8.5 SWOT Analysis. 139

    12.8.6 Key Developments. 139

    12.9 Trinseo. 140

    12.9.1 Key Facts. 140

    12.9.2 Business Description. 140

    12.9.3 Products and Services. 140

    12.9.4 Financial Overview.. 141

    12.9.5 SWOT Analysis. 142

    12.9.6 Key Developments. 143

    12.10 Westlake Chemical Corporation. 144

    12.10.1 Key Facts. 144

    12.10.2 Business Description. 144

    12.10.3 Products and Services. 144

    12.10.4 Financial Overview.. 145

    12.10.5 SWOT Analysis. 146

    12.10.6 Key Developments. 147

    13. Appendix 148

    13.1 About The Insight Partners. 148

    13.2 Glossary of Terms. 148


    LIST OF TABLES

    Table 1. Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Mn) 40

    Table 2. North America Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 55

    Table 3. North America Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 56

    Table 4. US Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 58

    Table 5. US Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 58

    Table 6. Canada Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 59

    Table 7. Canada Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 60

    Table 8. Mexico Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 61

    Table 9. Mexico Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 61

    Table 10. Europe Styrene monomer Market, by Application– Revenue and Forecast to 2028 (USD Million) 63

    Table 11. Europe Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 64

    Table 12. Germany Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 66

    Table 13. Germany Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 66

    Table 14. France Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 67

    Table 15. France Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 68

    Table 16. Italy Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 69

    Table 17. Italy Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 69

    Table 18. UK Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 70

    Table 19. UK Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 71

    Table 20. Russia Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 72

    Table 21. Russia Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 72

    Table 22. Rest of Europe Styrene monomer Market, by Application – Revenue and Forecast to 2028 (USD Million) 73

    Table 23. Rest of Europe Styrene monomer Market, by End Use – Revenue and Forecast to 2028 (USD Million) 74

    Table 24. Asia-Pacific Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 77

    Table 25. Asia-Pacific Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 78

    Table 26. Australia Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 79

    Table 27. Australia Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 80

    Table 28. China Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 81

    Table 29. China Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 81

    Table 30. India Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 83

    Table 31. India Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 83

    Table 32. Japan Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 84

    Table 33. Japan Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 85

    Table 34. South Korea Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 86

    Table 35. South Korea Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 86

    Table 36. Rest of Asia-Pacific Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 87

    Table 37. Rest of Asia-Pacific Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 88

    Table 38. Middle East and Africa Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 90

    Table 39. Middle East and Africa Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 91

    Table 40. South Africa Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 93

    Table 41. South Africa Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 93

    Table 42. Saudi Arabia Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 94

    Table 43. Saudi Arabia Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 95

    Table 44. UAE Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 96

    Table 45. UAE Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 96

    Table 46. Rest of the Middle East and Africa Styrene Monomer Market, by Application – Revenue and Forecast to 2028 (US$ Million) 97

    Table 47. Rest of the Middle East and Africa Styrene Monomer Market, by End-Use Industry– Revenue and Forecast to 2028 (US$ Million) 98

    Table 48. South America Styrene Monomer Market, By Application – Revenue and Forecast to 2028 (USD Million) 100

    Table 49. South America Styrene Monomer Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million) 101

    Table 50. Brazil Styrene Monomer Market, By Application – Revenue and Forecast to 2028 (USD Million) 103

    Table 51. Brazil Styrene Monomer Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million) 103

    Table 52. Argentina Styrene Monomer Market, By Application – Revenue and Forecast to 2028 (USD Million) 104

    Table 53. Argentina Styrene Monomer Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million) 105

    Table 54. Rest of SAM Styrene Monomer Market, By Application – Revenue and Forecast to 2028 (USD Million) 106

    Table 55. Rest of SAM Styrene Monomer Market, by End-Use Industry – Revenue and Forecast to 2028 (USD Million) 106

    Table 56. Glossary of Terms, Global Styrene Monomer Market 148


    LIST OF FIGURES

    Figure 1. Styrene Monomer Market Segmentation. 20

    Figure 2. Styrene Monomer Market Segmentation – By Geography. 21

    Figure 3. Global Styrene Monomer Market Overview.. 23

    Figure 4. Global Styrene Monomer Market, By End-use Industry. 24

    Figure 5. Global Styrene Monomer Market, by Geography. 25

    Figure 6. Global Styrene Monomer Market, Industry Landscape. 26

    Figure 7. Ecosystem: Styrene Monomer Market 34

    Figure 8. Expert Opinion. 35

    Figure 9. Global Styrene Monomer Market Impact Analysis of Drivers and Restraints. 38

    Figure 10. Geographic Overview of Styrene Monomer Market 39

    Figure 11. Styrene Monomer Market – Revenue and Forecast to 2028 (US$ Mn) 40

    Figure 12. Global Styrene Monomer Market Revenue Share, By Application (2020 and 2028) 42

    Figure 13. Polystyrene: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 43

    Figure 14. Acrylonitrile-Butadiene Styrene (ABS): Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 43

    Figure 15. Styrene-Acrylonitrile (SAN) : Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 44

    Figure 16. SB Latex and Rubber: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 45

    Figure 17. Others: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 46

    Figure 18. Global Styrene Monomer Market Breakdown, by End-Use Industries (2020 and 2028) 47

    Figure 19. Packaging: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 48

    Figure 20. Automobile: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 49

    Figure 21. Consumer Goods: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 50

    Figure 22. Construction: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 51

    Figure 23. Others: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 52

    Figure 24. Global Styrene monomer Market Revenue Share, By Region (2020 and 2028) 53

    Figure 25. North America: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 54

    Figure 26. North America: Styrene monomer Market Revenue Share, by Application (2020 and 2028) 55

    Figure 27. North America: Styrene monomer Market Revenue Share, by End Use (2020 and 2028) 56

    Figure 28. North America: Styrene monomer Market Revenue Share, by Key Country (2020 and 2028) 57

    Figure 29. US: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 57

    Figure 30. Canada: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 59

    Figure 31. Mexico: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 60

    Figure 32. Europe: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 62

    Figure 33. Europe: Styrene monomer Market Revenue Share, by Application (2020 and 2028) 63

    Figure 34. Europe: Styrene monomer Market Revenue Share, by End Use (2020 and 2028) 64

    Figure 35. Europe: Styrene monomer Market Revenue Share, by Key Country (2020 and 2028) 65

    Figure 36. Germany: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 65

    Figure 37. France: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 67

    Figure 38. Italy: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 68

    Figure 39. UK: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 70

    Figure 40. Russia: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 71

    Figure 41. Rest of Europe: Styrene monomer Market – Revenue and Forecast to 2028 (US$ Million) 73

    Figure 42. Asia-Pacific: Styrene Monomer Market – Revenue and Forecast to 2028 (US$ Million) 76

    Figure 43. Asia-Pacific: Styrene Monomer Market Revenue Share, by Application (2020 and 2028) 76

    Figure 44. Asia-Pacific: Styrene Monomer Market Revenue Share, by End-Use Industry (2020 and 2028) 77

    Figure 45. Asia-Pacific: Styrene Monomer Market Revenue Share, by Key Country (2020 and 2028) 78

    Figure 46. Australia: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 79

    Figure 47. China: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 80

    Figure 48. India: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 82

    Figure 49. Japan: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 84

    Figure 50. South Korea: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 85

    Figure 51. Rest of Asia-Pacific: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 87

    Figure 52. Middle East and Africa: Styrene Monomer Market – Revenue and Forecast to 2028 (US$ Million) 89

    Figure 53. Middle East and Africa: Styrene Monomer Market Revenue Share, by Application (2020 and 2028) 90

    Figure 54. Middle East and Africa: Styrene Monomer Market Revenue Share, by End-Use Industry (2020 and 2028) 91

    Figure 55. Middle East And Africa: Styrene Monomer Market Revenue Share, By Key Country (2020 And 2028) 92

    Figure 56. South Africa: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 92

    Figure 57. Saudi Arabia: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 94

    Figure 58. UAE: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 95

    Figure 59. Rest of the Middle East and Africa: Styrene Monomer Market –Revenue and Forecast to 2028 (US$ Million) 97

    Figure 60. South America: Styrene Monomer Market – Revenue and Forecast to 2028 (USD Million) 99

    Figure 61. South America: Styrene Monomer Market Revenue Share, By Application (2020 and 2028) 100

    Figure 62. South America: Styrene Monomer Market Revenue Share, by End-Use Industry (2020 and 2028) 101

    Figure 63. South America: Styrene Monomer Market Revenue Share, by Key Country (2020 and 2028) 102

    Figure 64. Brazil: Styrene Monomer Market –Revenue and Forecast to 2028 (USD Million) 102

    Figure 65. Argentina: Styrene Monomer Market –Revenue and Forecast to 2028 (USD Million) 104

    Figure 66. Rest of SAM: Styrene Monomer Market –Revenue and Forecast to 2028 (USD Million) 105

    Figure 67. Impact of COVID-19 Pandemic in North America. 108

    Figure 68. Impact of COVID-19 Pandemic in Europe. 109

    Figure 69. Impact of COVID-19 Pandemic in the Asia Pacific. 110

    Figure 70. Impact of COVID-19 Pandemic in Middle East & Africa. 111

    Figure 71. Impact of COVID-19 Pandemic in South and Central America. 112

    The List of Companies - Styrene Monomer Market

    1. Americas Styrenics LLC (AmSty)
    2. Asahi Kasei Corporation
    3. BASF SE
    4. Idemitsu Kosan Co.,Ltd
    5. INEOS Styrolution Group GmbH
    6. LG Chem
    7. LOTTE Chemical CORPORATION
    8. LyondellBasell Industries Holdings B.V
    9. Trinseo
    10. Westlake Chemical Corporation
    • Highlights key business priorities in order to assist companies to realign their business strategies.
    • The key findings and recommendations highlight crucial progressive industry trends in the global styrene monomer market, thereby allowing players to develop effective long-term strategies.
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
    • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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