The global styrene monomer (SM) market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of the SM market is driven by the increasing demand for synthetic resins and synthetic rubber in various end-use industries such as construction, automotive, packaging, and others.
Ethylbenzene Dehydrogenation Method accounted for the largest share of the global SM market in 2017 owing to its high production capacity and low cost of production. Ethylbenzene Oxidation Method accounted for a small share of the global SM market in 2017 due to its high cost of production and low production capacity. Synthetic Resin accounted for a major share of the global SM market in 2017 due to its wide application across various end-use industries such as construction, automotive, packaging, etc, which are expected to drive demand over the next few years.
Some Of The Growth Factors Of This Market:
- The growth of the global Styrene Monomer (SM) market is driven by factors such as increasing demand for SM in various industries and growing demand for SM in emerging economies such as China and India.
- Increasing demand for SM from various industries such as construction, automotive, furniture, packaging and others is driving the growth of the global Styrene Monomer (SM) market.
- Growing demand for SM from emerging economies such as China and India is also driving the growth of the global Styrene Monomer (SM) market.
- Increasing investments by key players in developing new products are also driving the growth of this market.
Industry Growth Insights published a new data on “Styrene Monomer (SM) Market”. The research report is titled “Styrene Monomer (SM) Market research by Types (Ethylbenzene Dehydrogenation Method, Ethylbenzene Oxidation Method), By Applications (Synthetic Resin, Ion Exchange Resin, Synthetic Rubber), By Players/Companies Styrolution, Lyondell Basell, FCFC, SADAF, Shell, Americas Styrenics, Trinseo, Jubail Chevron, Asahi Kasei, LG Chemical, Pars Petrochemical, ENI, Lotte Chemical, Idemitsu, NIPPON STEEL & SUMIKIN CHEMICAL, Westlake Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Styrene Monomer (SM) Market Research Report
By Type
Ethylbenzene Dehydrogenation Method, Ethylbenzene Oxidation Method
By Application
Synthetic Resin, Ion Exchange Resin, Synthetic Rubber
By Companies
Styrolution, Lyondell Basell, FCFC, SADAF, Shell, Americas Styrenics, Trinseo, Jubail Chevron, Asahi Kasei, LG Chemical, Pars Petrochemical, ENI, Lotte Chemical, Idemitsu, NIPPON STEEL & SUMIKIN CHEMICAL, Westlake Chemical
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Styrene Monomer (SM) Market Report Segments:
The global Styrene Monomer (SM) market is segmented on the basis of:
Types
Ethylbenzene Dehydrogenation Method, Ethylbenzene Oxidation Method
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
Synthetic Resin, Ion Exchange Resin, Synthetic Rubber
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:
- Styrolution
- Lyondell Basell
- FCFC
- SADAF
- Shell
- Americas Styrenics
- Trinseo
- Jubail Chevron
- Asahi Kasei
- LG Chemical
- Pars Petrochemical
- ENI
- Lotte Chemical
- Idemitsu
- NIPPON STEEL & SUMIKIN CHEMICAL
- Westlake Chemical
 Market Overview.svg)
Highlights of The Styrene Monomer (SM) 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:
- Ethylbenzene Dehydrogenation Method
- Ethylbenzene Oxidation Method
- By Application:
- Synthetic Resin
- Ion Exchange Resin
- Synthetic Rubber
- 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 Monomer (SM) 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
 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?
Styrene monomer is a common, inexpensive polymer that can be used in many products. It is often found in plastics and other materials.
Some of the major players in the styrene monomer (sm) market are Styrolution, Lyondell Basell, FCFC, SADAF, Shell, Americas Styrenics, Trinseo, Jubail Chevron, Asahi Kasei, LG Chemical, Pars Petrochemical, ENI, Lotte Chemical, Idemitsu, NIPPON STEEL & SUMIKIN CHEMICAL, Westlake Chemical.
The styrene monomer (sm) market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Styrene Monomer (SM) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Styrene Monomer (SM) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Styrene Monomer (SM) Market - Supply Chain
4.5. Global Styrene Monomer (SM) Market Forecast
4.5.1. Styrene Monomer (SM) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Styrene Monomer (SM) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Styrene Monomer (SM) Market Absolute $ Opportunity
5. Global Styrene Monomer (SM) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Styrene Monomer (SM) Market Size and Volume Forecast by Type
5.3.1. Ethylbenzene Dehydrogenation Method
5.3.2. Ethylbenzene Oxidation Method
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Styrene Monomer (SM) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Styrene Monomer (SM) Market Size and Volume Forecast by Application
6.3.1. Synthetic Resin
6.3.2. Ion Exchange Resin
6.3.3. Synthetic Rubber
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Styrene Monomer (SM) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Styrene Monomer (SM) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Styrene Monomer (SM) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Styrene Monomer (SM) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Styrene Monomer (SM) Demand Share Forecast, 2019-2026
9. North America Styrene Monomer (SM) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Styrene Monomer (SM) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Styrene Monomer (SM) Market Size and Volume Forecast by Application
9.4.1. Synthetic Resin
9.4.2. Ion Exchange Resin
9.4.3. Synthetic Rubber
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Styrene Monomer (SM) Market Size and Volume Forecast by Type
9.7.1. Ethylbenzene Dehydrogenation Method
9.7.2. Ethylbenzene Oxidation Method
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Styrene Monomer (SM) Demand Share Forecast, 2019-2026
10. Latin America Styrene Monomer (SM) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Styrene Monomer (SM) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Styrene Monomer (SM) Market Size and Volume Forecast by Application
10.4.1. Synthetic Resin
10.4.2. Ion Exchange Resin
10.4.3. Synthetic Rubber
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Styrene Monomer (SM) Market Size and Volume Forecast by Type
10.7.1. Ethylbenzene Dehydrogenation Method
10.7.2. Ethylbenzene Oxidation Method
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Styrene Monomer (SM) Demand Share Forecast, 2019-2026
11. Europe Styrene Monomer (SM) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Styrene Monomer (SM) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Styrene Monomer (SM) Market Size and Volume Forecast by Application
11.4.1. Synthetic Resin
11.4.2. Ion Exchange Resin
11.4.3. Synthetic Rubber
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Styrene Monomer (SM) Market Size and Volume Forecast by Type
11.7.1. Ethylbenzene Dehydrogenation Method
11.7.2. Ethylbenzene Oxidation Method
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Styrene Monomer (SM) Demand Share, 2019-2026
12. Asia Pacific Styrene Monomer (SM) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Styrene Monomer (SM) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Styrene Monomer (SM) Market Size and Volume Forecast by Application
12.4.1. Synthetic Resin
12.4.2. Ion Exchange Resin
12.4.3. Synthetic Rubber
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Styrene Monomer (SM) Market Size and Volume Forecast by Type
12.7.1. Ethylbenzene Dehydrogenation Method
12.7.2. Ethylbenzene Oxidation Method
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Styrene Monomer (SM) Demand Share, 2019-2026
13. Middle East & Africa Styrene Monomer (SM) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Styrene Monomer (SM) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Styrene Monomer (SM) Market Size and Volume Forecast by Application
13.4.1. Synthetic Resin
13.4.2. Ion Exchange Resin
13.4.3. Synthetic Rubber
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Styrene Monomer (SM) Market Size and Volume Forecast by Type
13.7.1. Ethylbenzene Dehydrogenation Method
13.7.2. Ethylbenzene Oxidation Method
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Styrene Monomer (SM) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Styrene Monomer (SM) Market: Market Share Analysis
14.2. Styrene Monomer (SM) Distributors and Customers
14.3. Styrene Monomer (SM) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Styrolution
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lyondell Basell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FCFC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SADAF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Americas Styrenics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trinseo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jubail Chevron
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Asahi Kasei
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LG Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pars Petrochemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ENI
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lotte Chemical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Idemitsu
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. NIPPON STEEL & SUMIKIN CHEMICAL
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Westlake Chemical
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
