Styrene-Petrochemicals Global Market Report 2024

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Styrene-Petrochemicals Global Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
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Styrene-Petrochemicals Global Market Segments
The Business Research Company segments its
Styrene-Petrochemicals market report as
Acrylonitrile butadiene styrene (ABS), Expanded
polystyrene (EPS), Other Types
By Type
By Application
Automotive, Construction, Packaging consumer
goods, Other Applications
By Distribution Channel
Offline, Online
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Styrene-Petrochemicals Market Statistics
The styrene-petrochemicals market size has grown
strongly in recent years. It will grow
from 65.12 billion in 2023 to 70.17 billion in
2024 at a compound annual growth rate (CAGR) of
7.8. It will grow to 93.63 billion in 2028 at a
compound annual growth rate (CAGR) of 7.5.
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Key Market Drivers And Trends
Drivers
The high demand for polystyrene drives the growth
of the styrene-petrochemicals market. Styrene is
used to produce polystyrene through suspension
polymerization.
Trends
The increasing health and environmental concerns
due to the use of styrene limit the demand for
styrene petrochemicals.
Region
Asia-Pacific was the largest region in the
styrene-petrochemicals market in 2023.
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Key Market Players
Major players in the Styrene-Petrochemicals
Global Market are Alpek SAB DE CV, Ashland
Inc., Ineos Group AG, Nova Chemicals
Corporation, Bayer Material Science LLC And more.
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