Global Styrene Market 2015-2019

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Global Styrene Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global Styrene Market 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “The styrene market is expected to grow steadily during the forecast period because of some emerging trends that are expected to gain considerable traction. At the same time, the demand for styrene has dipped considerably among the developed countries owing to environmental concerns. However, vendors worldwide have increased their focus on R&D and this may contribute to market growth.”

• 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.

• Technavio's analysts forecast the Global Styrene market to grow at a CAGR of 4.82 percent over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Styrene Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our

report:

Global Styrene Market 2015-2019

Bayer Material Science

CNPC

Dow

Bayer Material Science manufactures polymers and plastics and serves various end-user segments including Healthcare and Agriculture. The company offers a thermoplastic blend comprising polycarbonate and acrylonitrile butadiene styrene, and markets it in the name of Bayblend.

CNPC was founded in 1955 and is headquartered in Dongcheng, Beijing, China. It is an integrated international energy company. It produces and supplies oil and gas.

Dow was established in 1897 as a bleach manufacturing company. Subsequently, the company has become one of the world's largest chemical manufacturing companies. It is headquartered in Midland, Michigan, US. Dow manufactures chemicals, agricultural products, and plastics that serve Agro Science, Construction, Electronics and Communications, Healthcare, Infrastructure, and Packaging industries.

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Market Landscape

• Industries such as Packaging, Construction, Automobiles, Electrical and Electronics are fuelling demand for styrene derivatives such as polystyrene, EPS, ABS, SBR, and UPR.

• Therefore, demand is expected to increase moderately during the forecast period.

• In addition, growing urbanization and increased production capacities of vendors in the APAC region are adding to the global demand for styrene; the majority of that demand is expected to originate in the APAC region and the Middle East.

• The Polystyrene and EPS industries are the two major end-users of styrene, accounting for about 61% of the total benzene demand worldwide.

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Key Buying CriteriaGuest Bloggers

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Parameter Details

Availability

Refers to the availability of Styrene and its derivatives across end-user industries

Cost Styrene products should be competitively priced in the market compared to substitutes

Durability of Styrene Derivatives Styrene derivatives must be durable for end-users

Sustainability Styrene should be sustainable and comply with environmental regulations binding end-user industries

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Styrene Market 2015-2019

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