Market Overview:
The global SAN resins market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for SAN resins from various end-use industries, such as electronics, packaging, automotive, building & construction and others. In terms of volume, Asia Pacific is expected to lead the global SAN resins market during the forecast period.
 Resins Industry Outlook.svg)
Product Definition:
styrene acrylonitrile (SAN) resins are a type of synthetic resin that is used in the manufacture of plastic products. SAN resins are important because they can be molded into a variety of shapes and have high impact resistance, meaning they can withstand impacts without breaking. This makes them ideal for use in products such as automobile parts, toys, and appliances.
Preliminary Working SAN Resins:
Preliminary working SAN resins are synthetic adhesives that are used for the production of high-performance styrene acrylonitrile (SAN) resins. They have a wide range of applications in packaging, automotive and transportation, electrical and electronics, consumer goods, building and construction along with other sectors.
Secondary Processing SAN Resins:
Secondary processing SAN resins are a group of thermoplastic elastomers that can be processed at lower temperatures than polystyrene. They have the ability to mold into any shape and possess excellent chemical & thermal resistance. These resins are used in the production of high-performance materials for automotive, construction, electrical & electronics industries.
Application Insights:
The electronics segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for electronic devices across the globe. Moreover, technological advancements such as 3D printing have increased product demand in electronics applications.
Packaging emerged as a prominent application segment and accounted for 20.9% of total market volume in 2016 on account of high product penetration into corrugated boxes among others types of packaging products used worldwide.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth of this region is attributed to rapid industrialization, which has led to an increase in product demand from various end-use industries such as automotive, packaging, building & construction and electronics.
The Asia Pacific economy was affected by the COVID 19 outbreak in 2017 but eventually came out stronger with a positive outlook for future growth. China emerged as one of the worst hit countries during this pandemic but soon recovered and resumed its operations at full force; it was one of the first countries that started recovering operations after COVID 19 had been contained in country’s jurisdiction.
Growth Factors:
- Increasing demand from automotive and electrical & electronics industries: The global SAN resins market is projected to grow at a CAGR of 5.5% from 2017 to 2022, owing to the increasing demand from the automotive and electrical & electronics industries.
- Rising demand for lightweight vehicles: With the increasing focus on fuel efficiency and reducing emissions, there is a rising demand for lightweight vehicles, which in turn is fueling the growth of the SAN resins market.
- Growing popularity of composites: Composites are increasingly being used in place of traditional materials such as metals and plastics due to their superior properties such as weight savings, corrosion resistance, etc., which is driving the growth of SAN resins market.
- Rapid urbanization: The rapid urbanization across emerging economies has led to an increase in disposable income levels, thereby resulting in an increase in consumer spending on automobiles and other luxury items, thereby propelling the growth of SAN resins market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Styrene Acrylonitrile (SAN) Resins Market Research Report
By Type
Preliminary Working SAN Resins, Secondary Processing SAN Resins
By Application
Electronics, Packaging, Automotive, Building & Construction, Others
By Companies
INOES, TRINSEO, LG Chem, SABIC, Chi Mei Corporation, Asahi Kasei, Techno Polymer, Toyo Engineering Corporation, Formosa Chemicals & Fiber, INOES
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Styrene Acrylonitrile (SAN) Resins Market Report Segments:
The global Styrene Acrylonitrile (SAN) Resins market is segmented on the basis of:
Types
Preliminary Working SAN Resins, Secondary Processing SAN Resins
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronics, Packaging, Automotive, Building & Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- INOES
- TRINSEO
- LG Chem
- SABIC
- Chi Mei Corporation
- Asahi Kasei
- Techno Polymer
- Toyo Engineering Corporation
- Formosa Chemicals & Fiber
- INOES
 Resins Market Overview.svg)
Highlights of The Styrene Acrylonitrile (SAN) Resins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Preliminary Working SAN Resins
- Secondary Processing SAN Resins
- By Application:
- Electronics
- Packaging
- Automotive
- Building & Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Styrene Acrylonitrile (SAN) Resins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Resins Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
SAN resins are a type of acrylic resin that is made from styrene and acrylonitrile. SAN resins are often used in the manufacturing of plastic products, such as toys and packaging.
Some of the major companies in the styrene acrylonitrile (san) resins market are INOES, TRINSEO, LG Chem, SABIC, Chi Mei Corporation, Asahi Kasei, Techno Polymer, Toyo Engineering Corporation, Formosa Chemicals & Fiber, INOES.
The styrene acrylonitrile (san) resins market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Styrene Acrylonitrile (SAN) Resins Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Styrene Acrylonitrile (SAN) Resins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Styrene Acrylonitrile (SAN) Resins Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Styrene Acrylonitrile (SAN) Resins Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Styrene Acrylonitrile (SAN) Resins Market Size & Forecast, 2020-2028
4.5.1 Styrene Acrylonitrile (SAN) Resins Market Size and Y-o-Y Growth
4.5.2 Styrene Acrylonitrile (SAN) Resins Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Preliminary Working SAN Resins
5.2.2 Secondary Processing SAN Resins
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Packaging
6.2.3 Automotive
6.2.4 Building & Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Styrene Acrylonitrile (SAN) Resins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Styrene Acrylonitrile (SAN) Resins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Preliminary Working SAN Resins
9.6.2 Secondary Processing SAN Resins
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Packaging
9.10.3 Automotive
9.10.4 Building & Construction
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Preliminary Working SAN Resins
10.6.2 Secondary Processing SAN Resins
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Packaging
10.10.3 Automotive
10.10.4 Building & Construction
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Preliminary Working SAN Resins
11.6.2 Secondary Processing SAN Resins
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Packaging
11.10.3 Automotive
11.10.4 Building & Construction
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Preliminary Working SAN Resins
12.6.2 Secondary Processing SAN Resins
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Packaging
12.10.3 Automotive
12.10.4 Building & Construction
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Preliminary Working SAN Resins
13.6.2 Secondary Processing SAN Resins
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Packaging
13.10.3 Automotive
13.10.4 Building & Construction
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Styrene Acrylonitrile (SAN) Resins Market: Competitive Dashboard
14.2 Global Styrene Acrylonitrile (SAN) Resins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 INOES
14.3.2 TRINSEO
14.3.3 LG Chem
14.3.4 SABIC
14.3.5 Chi Mei Corporation
14.3.6 Asahi Kasei
14.3.7 Techno Polymer
14.3.8 Toyo Engineering Corporation
14.3.9 Formosa Chemicals & Fiber
14.3.10 INOES
