Styrene Monomer (SM) production capacity reach to 36.7 million Tons in 2018

Styrene Monomer (SM) production capacity reach to 36.7 million Tons in 2018

 

HDIN Research publish a report about styrene monomer market. This report covers 70 producers around the world.

Styrene monomer is a very important chemical raw material which can produces a variety of plastics and elastomers such as Polystyrene (PS), Expanded polystyrene (EPS), Acrylonitrile Butadiene Styrene (ABS), Styrene-Butadiene Rubber (SBR), Styrene-Butadiene-Styrene (SBS), Styrene Acrylonitrile (SAN), Unsaturated Polyester Resin (UPR) etc.

 

Figure Styrene Monomer Industrial Chain

Source: HDIN Research

 

The global styrene monomer production capacity and production volume reaches to 36.7 million tons and 31.0 million tons at 2.0% CAGR respectively. And the capacity and production will reach to 47.2 million tons and 35.6 million tons in 2024.

 

Figure 2011-2024 Global Styrene Monomer Production Capacity, Production and Growth Rate

 

 

Source: HDIN Research

 

    Global top 5 manufacturers are SINOPEC, Ineos Styrolution, LyondellBasell,Shell Chemicals and Total Petrochemicals, and their production capacity share reach to 27.9% of global total capacity in 2018.

 

Figure Global Top 20 Styrene Monomer Competitors Market Share

Source: HDIN Research

 

The styrene monomer production capacity of APAC (excl. China) is 10.5 million tons, China is 9.9 million tons, Europe is 6.2 million tons, North America is 6.0 million tons, MEA is 3.4 million tons and South America is 0.7 million tons.

 

Figure Styrene Monomer Production Share by Region 

Source: HDIN Research

 

This report also include global and regional styrene monomer consumption, market size, price, raw materials and cost analysis, demand by application including PS, EPS, ABS, SBR, SBS, SAN, UPR, SBL, MBS and Others.