Styrene, also known as vinylbenzene, phenylethane, and ethenylbenzene, is an organic compound that is colorless, flammable, water insoluble, and oily. It evaporates easily and has a sweet odor. It has a high tendency to undergo polymerization and copolymerization. Styrene, primarily prepared from dehydrogenation of ethylbenzene, is a derivative of benzene. Commercially styrene is produced as a co-product in the production of propylene oxide through the POSM process. Styrene is found naturally in various foods and plants and also in coal tar. It is a precursor of polymers and copolymers, such as polystyrene, EPS, ABS, SBR, UPR, and others, which are used in a wide range of applications encompassing areas such as construction, packaging, automobile, electrical and electronics, and consumer goods.
The analysts forecast the Global Styrene market to grow at a CAGR of 4.82 percent over the period 2014-2019.
Covered in this Report
The Global Styrene market is divided into the following segments based on derivatives: Polystyrene, EPS, ABS, SBR, UPR, Thermoplastic Elastomers, and Others.
The report, Global Styrene Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the APAC and EMEA regions; it also covers the Global Styrene market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Lyondell Basell Chemical
Other Prominent Vendors
Chevron Phillips Chemical
Growing Demand and Production in APAC Market
Instability in Crude Oil Prices
Decrease in Demand from Developed Countries
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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