The global Styrenic Polymers market garnered revenue around USD 2.7 Billion in 2019 and projected to reach USD 4.92 Billion in 2027, with at a compound annual growth rate of 7.81% throughout the estimate period from 2020 to 2027.
Styrenic polymers, or styrenics, are a class of the plastics family, with styrene as the main building block. Polystyrene is the parent material for all styrenic copolymers. It is a widely utilized thermoplastic material. It is employed in various end-user industries such as automotive, building & construction, electrical & electronics, and medical among many others.
Styrenic polymers that are employed in medical applications include polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene acrylonitrile (SAN), styrene butadiene block copolymers (SBC), styrene methyl methacrylate (SMMA), and others. Styrenic polymers are employed in various applications in the medical industry. For instance, these are utilized in the manufacture of surgical instruments, portable medical devices, liquid containers, connector tubes, and bags.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Styrenic Polymers market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Styrenic Polymers market growth.
The global Styrenic Polymers market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
One of the most significant players in the market landscape include INEOS STYROLUTION Group GmbH. Other prominent names include SABIC, TSRC Corporation, Trinseo LLC, Chevron Phillips Chemical Company, Chi Mei Corporation, Kraton Corporation, and LG Chem Ltd.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Styrenic Polymers Market for Medical Applications: Research Scope
Global Styrenic Polymers Market for Medical Applications, by Product
• Polystyrene (PS)
• Acrylonitrile Butadiene Styrene (ABS)
• Styrene Acrylonitrile (SAN)
• Styrene Butadiene Block Copolymers (SBC)
• Styrene Methyl Methacrylate (SMMA)
• Others
Global Styrenic Polymers Market for Medical Applications, by Application
• Intra-venous Systems & Fluid Delivery
• Mobile & Digital Health
• Surgical Gloves
• Respiratory & Drug Delivery Devices
• Others
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
• North America
? U.S.
? Canada
• Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
• Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
• Central & South America
? Brazil
? Argentina
? Rest of Central & South America
• Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA