DUBLIN, August 2, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/rzd5pb/styrenics_market) has announced the addition of the "Styrenics Market: Polystyrene, Acrylonitrile Butadiene Styrene, SBR, UPR - Global Trends & Forecasts to 2018" report to their offering.
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Styrenics consumption is estimated to be poised at 35,007 kilotons in 2013 and will grow by 4.81% annually till 2018.
The increasing demand of styrenics in Asia-Pacific, especially in China, and growth in end-user applications such as the construction and automotive industry, are key factors driving the global market.
Polystyrene (PS) is the major polymer which is largely consumed, followed in terms of usage by Acrylonitrile Butadiene Styrene (ABS) and Expanded Polystyrene (EPS). Properties of PS and EPS make it suitable for a wide variety of applications such as construction, packaging and consumer goods. The automotive industry is the major consumer of Styrene Butadiene Rubber (SBR) particularly in tire manufacturing. Unsaturated Polyester Resin (UPR) has its applications in pipes and tanks, marine accessories and wind energy.
Asia-Pacific is driving the market, contributing more than 50% of the global demand. The other drivers include high growth in wind energy applications of UPR and increased SBR demand due to tire labeling regulations. Due to cost and performance advantages, UPR is widely used in the manufacturing of wind blades, rotors and ventilators. Similarly, tire labeling regulations, being adopted by different countries such as Germany, Japan, etc., has led to an increased SBR demand worldwide, especially in the automobile industry.
Increasing environmental and health concerns due to usage of styrene and acceptance of other resins as a substitute to Unsaturated Polyester Resin (UPR) were identified as major restraints. At present, their impact on the market is relatively high. However, emerging economies and innovations in products will create growth opportunities for styrenics in the near future.
Companies producing or planning to produce styrenics in the near future are opting for expansion by introducing new facilities and increase in capacity. The market is a highly diversified market consisting of different types of polymers, each having wide range of applications. Due to this, there are large numbers of players operating in the market engaged in the manufacturing of different styrene-based products for different applications.
Various secondary sources such as chemical magazines, encyclopedia, directories, technical handbooks, company annual reports, industry association publications, articles, trade websites, and databases have been utilized for this extensive commercial study. The primary sources experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess the future prospects and market estimations.
Key Topics Covered: Click the link below to view the full, extended table of contents.
1 Introduction
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Polystyrene (PS) & Expanded Polystyrene (EPS)
6 Acrylonitrile Butadiene Styrene (ABS)
7 Styrene Butadiene Rubber (SBR)
8 Unsaturated Polyester Resin (UPR)
9 Styrenics Market, By Geography
10 Competitive Landscape
11 Company Profiles
11.1 Alpek SAB DE CV
11.2 Asahi Kasei Corporation
11.3 Ashland Inc.
11.4 BASF
11.5 Bayer Materialscience
11.6 CCP Composites
11.7 ENI S.P.A
11.8 Ineos Group AG
11.9 Lanxess AG
11.10 Nizhnekamskneftekhim OAO
11.11 Nova Chemicals Corporation
11.12 Reichhold Inc.
11.13 Repsol SA
11.14 Royal DSM
11.15 Sabic
11.16 Sibur
11.17 Styrolution Group GMBH
11.18 Styron LIC
11.19 Synthos S.A.
11.20 The Dow Chemical Company
11.21 Total SA
For more information visit http://www.researchandmarkets.com/research/rzd5pb/styrenics_market
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
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Sector: Plastics
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