Global Styrene-Petrochemicals Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Styrene-Petrochemicals Market Report by The Business Research Company covers styrene-petrochemicals market drivers and restraints, styrene-petrochemicals market size, major players, and the impact of COVID-19 on the styrene-petrochemicals market.
The styrene market consists of sales of styrene and related services used for making synthetic rubber, resins, and plastics and improving drying oils. Styrene is a colourless, gritty organic compound derived from benzene. Styrene is readily evaporated and also used as a precursor to polystyrene and several other copolymers. Styrene is a fragrant liquid used for making synthetic rubber, resins, and plastics and improving drying oils.
The high demand for polystyrene drives the growth of styrene market. Styrene is used to produce polystyrene through suspension polymerization.
The global styrene-petrochemicals market is expected to grow from $31.31 billion in 2020 to $34.22 billion in 2021 at a compound annual growth rate (CAGR) of 9.3%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $26.96 billion in 2025 at a CAGR of -6%.
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Some styrene-petrochemicals market trends include companies in styrene market working towards developing techniques to recycle styrene. In order to increase the efficiency and popularity of styrene, companies are investing towards developing methods to recycle styrene.
Global styrene-petrochemicals market segments include:
1) By Type: Acrylonitrile Butadiene Styrene (ABS), Expanded Polystyrene (EPS), Others.
2) By Application: Automotive, Construction, Packaging Consumer Goods, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Styrene-Petrochemicals Global Market Report 2021: COVID 19 Impact and Recovery to 2030 At:
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The Styrene-Petrochemicals Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides styrene-petrochemicals market overviews, analyzes and forecasts market size, share, styrene-petrochemicals market players, styrene-petrochemicals market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The styrene-petrochemicals market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More:
Read Styrene-Petrochemicals Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Alpek SAB DE CV, Ashland Inc, Ineos Group AG, Nova Chemicals Corporation, Bayer Material science, Chevron Phillips Chemical Company LLC, ENI S.p.A.,, INEOS Styrolution Holding Ltd., Saudi Basic Industries Corp. (SABIC) , Total S.A., The Dow Chemical Company, Styron LIC, Styrolution Group GmbH, Royal DSM, , DowDuPont, Covestro, Trinseo, DSM.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Styrene-Petrochemicals Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Styrene-Petrochemicals Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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