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Styrene Maleic Anhydride Market By Product Type (Alternate Styrene-Maleic Anhydride Copolymer and Random Styrene-Maleic Anhydride Copolymer) and By Application (Automobile Industry, Phase Solvent, Building Materials and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

  • Publish On: Jun-2020
  • Total Pages: 162
  • Report Code: FAF-1247
  • Base Year: 2019
  • Format:

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Styrene maleic anhydride industry. The report analyzes and declares the historical and current trends analysis of the styrene maleic anhydride industry and subsequently recommends the projected trends anticipated to be observed in the styrene maleic anhydride market during the upcoming years.

The styrene maleic anhydride market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire styrene maleic anhydride market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the styrene maleic anhydride industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the styrene maleic anhydride industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the styrene maleic anhydride market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the styrene maleic anhydride industry. The styrene maleic anhydride market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the styrene maleic anhydride sector. Key strategic developments in the Styrene maleic anhydride market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the styrene maleic anhydride market are appropriately highlighted in the report.

The demand for SMA resin in automotive industry is expected to rise significantly. Its use in powder coatings and leather products is expanding at good pace. The advantageous characteristics of SMA like transparent appearance, high dimensional stability, excellent heat resistance and specific reactivity of anhydride groups are propelling the consumption of SMA in different types of application.

Furthermore, the SMA market provides bright opportunity in the underpenetrated market like the Asia Pacific region. The consumption of SMA is expected to rise majorly in this region in foreseeable future, thereby providing opportunity for manufacturers to expand the business.

The styrene maleic anhydride market research report delivers an acute valuation and taxonomy of the styrene maleic anhydride industry by practically splitting the market based on product type, application and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the styrene maleic anhydride industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the styrene maleic anhydride industry is provided for the leading economies of the world.

The styrene maleic anhydride market is segmented based on product type, application and region. On the basis of product type segmentation, the market is classified into alternate styrene-maleic anhydride copolymer and random styrene-maleic anhydride copolymer. On the basis of application, the market is bifurcated into automobile industry, phase solvent, building materials and others.

Some of the essential players operating in the styrene maleic anhydride market, but not restricted to include Solenis, Polyscope Polymers, TOTAL Cray Valley, Sartomer, Ineos and Arakawa Chemical Industries.

The taxonomy of the styrene maleic anhydride industry by its scope and segmentation is as follows:

Global Styrene Maleic Anhydride Market: By Product Type Segmentation Analysis

  • A-SMA
  • R-SMA

Global Styrene Maleic Anhydride Market: By Application Segmentation Analysis

  • Automobile Industry
  • Phase Solvent
  • Building Materials
  • Others

Global Styrene maleic anhydride Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
  • The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.

 

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Styrene Maleic Anhydride market – Product Type Analysis
    1. 2.1. Global Styrene Maleic Anhydride Market – Product Type Overview
    2. 2.2. Global Styrene Maleic Anhydride Market Share, by Product Type, 2019 & 2026 (USD Million)
    3. 2.3. Alternate Styrene-Maleic Anhydride Copolymer
      1. 2.3.1. Global Alternate Styrene-Maleic Anhydride Copolymer Styrene Maleic Anhydride Market, 2016-2026 (USD Million)
    4. 2.4. Random Styrene-Maleic Anhydride Copolymer
      1. 2.4.1. Global Random Styrene-Maleic Anhydride Copolymer Styrene Maleic Anhydride Market, 2016-2026 (USD Million)
  3. CHAPTER 3. Styrene Maleic Anhydride market – Application Analysis
    1. 3.1. Global Styrene Maleic Anhydride Market – Application Overview
    2. 3.2. Global Styrene Maleic Anhydride Market Share, by Application, 2019 & 2026 (USD Million)
    3. 3.3. Automobile Industry
      1. 3.3.1. Global Automobile Industry Styrene Maleic Anhydride Market, 2016-2026 (USD Million)
    4. 3.4. Phase Solvent
      1. 3.4.1. Global Phase Solvent Styrene Maleic Anhydride Market, 2016-2026 (USD Million)
    5. 3.5. Building Materials
      1. 3.5.1. Global Building Materials Styrene Maleic Anhydride Market, 2016-2026 (USD Million)
    6. 3.6. Others
      1. 3.6.1. Global Others Styrene Maleic Anhydride Market, 2016-2026 (USD Million)
  4. CHAPTER 4. Styrene Maleic Anhydride market – Regional Analysis
    1. 4.1. Global Styrene Maleic Anhydride Market Regional Overview
    2. 4.2. Global Styrene Maleic Anhydride Market Share, by Region, 2019 & 2026 (Value)
    3. 4.3. North America
      1. 4.3.1. North America Styrene Maleic Anhydride Market size and forecast, 2016-2026
      2. 4.3.2. North America Styrene Maleic Anhydride Market, by Country, 2019 & 2026 (USD Million)
      3. 4.3.3. North America Styrene Maleic Anhydride Market, by Product Type, 2016-2026
        1. 4.3.3.1. North America Styrene Maleic Anhydride Market, by Product Type, 2016-2026 (USD Million)
      4. 4.3.4. North America Styrene Maleic Anhydride Market, by Application, 2016-2026
        1. 4.3.4.1. North America Styrene Maleic Anhydride Market, by Application, 2016-2026 (USD Million)
      5. 4.3.5. U.S.
        1. 4.3.5.1. U.S. Market size and forecast, 2016-2026 (USD Million)
      6. 4.3.6. Canada
        1. 4.3.6.1. Canada Market size and forecast, 2016-2026 (USD Million)
    4. 4.4. Europe
      1. 4.4.1. Europe Styrene Maleic Anhydride Market size and forecast, 2016-2026
      2. 4.4.2. Europe Styrene Maleic Anhydride Market, by Country, 2019 & 2026 (USD Million)
      3. 4.4.3. Europe Styrene Maleic Anhydride Market, by Product Type, 2016-2026
        1. 4.4.3.1. Europe Styrene Maleic Anhydride Market, by Product Type, 2016-2026 (USD Million)
      4. 4.4.4. Europe Styrene Maleic Anhydride Market, by Application, 2016-2026
        1. 4.4.4.1. Europe Styrene Maleic Anhydride Market, by Application, 2016-2026 (USD Million)
      5. 4.4.5. Germany
        1. 4.4.5.1. Germany Market size and forecast, 2016-2026 (USD Million)
      6. 4.4.6. France
        1. 4.4.6.1. France Market size and forecast, 2016-2026 (USD Million)
      7. 4.4.7. U.K.
        1. 4.4.7.1. U.K. Market size and forecast, 2016-2026 (USD Million)
      8. 4.4.8. Italy
        1. 4.4.8.1. Italy Market size and forecast, 2016-2026 (USD Million)
      9. 4.4.9. Spain
        1. 4.4.9.1. Spain Market size and forecast, 2016-2026 (USD Million)
      10. 4.4.10. Rest of Europe
        1. 4.4.10.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia Pacific Styrene Maleic Anhydride Market size and forecast, 2016-2026
      2. 4.5.2. Asia Pacific Styrene Maleic Anhydride Market, by Country, 2019 & 2026 (USD Million)
      3. 4.5.3. Asia Pacific Styrene Maleic Anhydride Market, by Product Type, 2016-2026
        1. 4.5.3.1. Asia Pacific Styrene Maleic Anhydride Market, by Product Type, 2016-2026 (USD Million)
      4. 4.5.4. Asia Pacific Styrene Maleic Anhydride Market, by Application, 2016-2026
        1. 4.5.4.1. Asia Pacific Styrene Maleic Anhydride Market, by Application, 2016-2026 (USD Million)
      5. 4.5.5. China
        1. 4.5.5.1. China Market size and forecast, 2016-2026 (USD Million)
      6. 4.5.6. Japan
        1. 4.5.6.1. Japan Market size and forecast, 2016-2026 (USD Million)
      7. 4.5.7. India
        1. 4.5.7.1. India Market size and forecast, 2016-2026 (USD Million)
      8. 4.5.8. South Korea
        1. 4.5.8.1. South Korea Market size and forecast, 2016-2026 (USD Million)
      9. 4.5.9. South-East Asia
        1. 4.5.9.1. South-East Asia Market size and forecast, 2016-2026 (USD Million)
      10. 4.5.10. Rest of Asia Pacific
        1. 4.5.10.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
    6. 4.6. Latin America
      1. 4.6.1. Latin America Styrene Maleic Anhydride Market size and forecast, 2016-2026
      2. 4.6.2. Latin America Styrene Maleic Anhydride Market, by Country, 2019 & 2026 (USD Million)
      3. 4.6.3. Latin America Styrene Maleic Anhydride Market, by Product Type, 2016-2026
        1. 4.6.3.1. Latin America Styrene Maleic Anhydride Market, by Product Type, 2016-2026 (USD Million)
      4. 4.6.4. Latin America Styrene Maleic Anhydride Market, by Application, 2016-2026
        1. 4.6.4.1. Latin America Styrene Maleic Anhydride Market, by Application, 2016-2026 (USD Million)
      5. 4.6.5. Brazil
        1. 4.6.5.1. Brazil Market size and forecast, 2016-2026 (USD Million)
      6. 4.6.6. Mexico
        1. 4.6.6.1. Mexico Market size and forecast, 2016-2026 (USD Million)
      7. 4.6.7. Rest of Latin America
        1. 4.6.7.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and Africa Styrene Maleic Anhydride Market size and forecast, 2016-2026
      2. 4.7.2. The Middle-East and Africa Styrene Maleic Anhydride Market, by Country, 2019 & 2026 (USD Million)
      3. 4.7.3. The Middle-East and Africa Styrene Maleic Anhydride Market, by Product Type, 2016-2026
        1. 4.7.3.1. The Middle-East and Africa Styrene Maleic Anhydride Market, by Product Type, 2016-2026 (USD Million)
      4. 4.7.4. The Middle-East and Africa Styrene Maleic Anhydride Market, by Application, 2016-2026
        1. 4.7.4.1. The Middle-East and Africa Styrene Maleic Anhydride Market, by Application, 2016-2026 (USD Million)
      5. 4.7.5. GCC Countries
        1. 4.7.5.1. GCC Countries Market size and forecast, 2016-2026 (USD Million)
      6. 4.7.6. South Africa
        1. 4.7.6.1. South Africa Market size and forecast, 2016-2026 (USD Million)
      7. 4.7.7. Rest of Middle-East Africa
        1. 4.7.7.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Million)
  5. CHAPTER 5. Styrene Maleic Anhydride market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Development
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. CHAPTER 6. Company Profiles
    1. 6.1. Solenis
      1. 6.1.1. Company Overview
      2. 6.1.2. Solenis Revenue and Gross Margin
      3. 6.1.3. Product portfolio
      4. 6.1.4. Recent initiatives
    2. 6.2. Polyscope Polymers
      1. 6.2.1. Company Overview
      2. 6.2.2. Polyscope Polymers Revenue and Gross Margin
      3. 6.2.3. Product portfolio
      4. 6.2.4. Recent initiatives
    3. 6.3. TOTAL Cray Valley
      1. 6.3.1. Company Overview
      2. 6.3.2. TOTAL Cray Valley Revenue and Gross Margin
      3. 6.3.3. Product portfolio
      4. 6.3.4. Recent initiatives
    4. 6.4. Sartomer
      1. 6.4.1. Company Overview
      2. 6.4.2. Sartomer Revenue and Gross Margin
      3. 6.4.3. Product portfolio
      4. 6.4.4. Recent initiatives
    5. 6.5. Ineos
      1. 6.5.1. Company Overview
      2. 6.5.2. Ineos Revenue and Gross Margin
      3. 6.5.3. Product portfolio
      4. 6.5.4. Recent initiatives
    6. 6.6. Arakawa Chemical Industries
      1. 6.6.1. Company Overview
      2. 6.6.2. Arakawa Chemical Industries Revenue and Gross Margin
      3. 6.6.3. Product portfolio
      4. 6.6.4. Recent initiatives
  7. CHAPTER 7. Styrene Maleic Anhydride — Industry Analysis
    1. 7.1. Styrene Maleic Anhydride Market – Key Trends
      1. 7.1.1. Market Drivers
      2. 7.1.2. Market Restraints
      3. 7.1.3. Market Opportunities
    2. 7.2. Value Chain Analysis
    3. 7.3. Technology Roadmap and Timeline
    4. 7.4. Styrene Maleic Anhydride Market – Attractiveness Analysis
      1. 7.4.1. By Product Type
      2. 7.4.2. By Application
      3. 7.4.3. By Region
  8. CHAPTER 8. Marketing Strategy Analysis, Distributors
    1. 8.1. Marketing Channel
    2. 8.2. Direct Marketing
    3. 8.3. Indirect Marketing
    4. 8.4. Marketing Channel Development Trend
    5. 8.5. Economic/Political Environmental Change
  9. CHAPTER 9. Report Conclusion
  10. CHAPTER 10. Research Approach & Methodology
    1. 10.1. Report Description
    2. 10.2. Research Scope
    3. 10.3. Research Methodology
      1. 10.3.1. Secondary Research
      2. 10.3.2. Primary Research
      3. 10.3.3. Models
        1. 10.3.3.1. Company Share Analysis Model
        2. 10.3.3.2. Revenue Based Modeling
        3. 10.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Global Styrene Maleic Anhydride  Market, 2016-2026 (USD Million)
        FIG. 2 Global Styrene Maleic Anhydride  Market Share, by Product Type, 2019 & 2026 (USD Million)
        FIG. 3 Global Alternate Styrene-Maleic Anhydride Copolymer Styrene Maleic Anhydride  Market, 2016-2026 (USD Million)
        FIG. 4 Global Random Styrene-Maleic Anhydride Copolymer Styrene Maleic Anhydride  Market, 2016-2026 (USD Million)
        FIG. 5 Global Styrene Maleic Anhydride  Market Share, by Application, 2019 & 2026 (USD Million)
        FIG. 6 Global Automobile Industry Styrene Maleic Anhydride  Market, 2016-2026 (USD Million)
        FIG. 7 Global Phase Solvent Styrene Maleic Anhydride  Market, 2016-2026 (USD Million)
        FIG. 8 Global Building Materials Styrene Maleic Anhydride  Market, 2016-2026 (USD Million)
        FIG. 9 Global Others Styrene Maleic Anhydride  Market, 2016-2026 (USD Million)
        FIG. 10 Global Styrene Maleic Anhydride  Market Share, by Region, 2019 & 2026
        FIG. 11 North America Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 12 U.S. Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 13 Canada Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 14 Europe Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 15 Germany Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 16 France Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 17 U.K. Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 18 Italy Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 19 Spain Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 20 Rest of Europe Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 21 Asia Pacific Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 22 China Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 23 Japan Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 24 India Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 25 South  Korea Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 26 South-East Asia Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 27 Rest of Asia Pacific Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 28 Latin America Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 29 Brazil Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 30 Mexico Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 31 Rest of Latin America Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 32 The Middle-East and Africa Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 33 GCC Countries Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 34 South Africa Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 35 Rest of Middle-East Africa Styrene Maleic Anhydride  Market, 2016-2026
        FIG. 36 Competitor Market Share – Revenue
        FIG. 37 Solenis Revenue and Growth Rate
        FIG. 38 Solenis Market Share
        FIG. 39 Polyscope Polymers Revenue and Growth Rate
        FIG. 40 Polyscope Polymers Market Share
        FIG. 41 TOTAL Cray Valley Revenue and Growth Rate
        FIG. 42 TOTAL Cray Valley Market Share
        FIG. 43 Sartomer Revenue and Growth Rate
        FIG. 44 Sartomer Market Share
        FIG. 45 Ineos Revenue and Growth Rate
        FIG. 46 Ineos Market Share
        FIG. 47 Arakawa Chemical Industries Revenue and Growth Rate
        FIG. 48 Arakawa Chemical Industries Market Share
        FIG. 49 Market Dynamics
        FIG. 50 Global Styrene Maleic Anhydride  – Value Chain Analysis
        FIG. 51 Technology Roadmap and Timeline
        FIG. 52 Market Attractiveness Analysis – By Product Type
        FIG. 53 Market Attractiveness Analysis – By Application
        FIG. 54 Market Attractiveness Analysis – By Region
        FIG. 55 Market Channel
        FIG. 56 Marketing Channel Development Trend
        FIG. 57 Growth in World Gross Product, 2008-2019
        

        List of Tables

        TABLE 1 Global Styrene Maleic Anhydride  Market, 2019 & 2026 (USD Million) 19
        TABLE 2 Global Styrene Maleic Anhydride  market, by Product Type, 2016-2026 (USD Million) 21
        TABLE 3 Global Styrene Maleic Anhydride  market, by Application, 2016-2026 (USD Million) 25
        TABLE 4 Global Styrene Maleic Anhydride  market, by Region, 2016-2026 (USD Million) 30
        TABLE 5 North America Styrene Maleic Anhydride  Market, by Product Type, 2016-2026 (USD Million) 34
        TABLE 6 North America Styrene Maleic Anhydride  Market, by Application, 2016-2026 (USD Million) 35
        TABLE 7 Europe Styrene Maleic Anhydride  Market, by Product Type, 2016-2026 (USD Million) 40
        TABLE 8 Europe Styrene Maleic Anhydride  Market, by Application, 2016-2026 (USD Million) 41
        TABLE 9 Asia Pacific Styrene Maleic Anhydride  Market, by Product Type, 2016-2026 (USD Million) 50
        TABLE 10 Asia Pacific Styrene Maleic Anhydride  Market, by Application, 2016-2026 (USD Million) 51
        TABLE 11 Latin America Styrene Maleic Anhydride  Market, by Product Type, 2016-2026 (USD Million) 60
        TABLE 12 Latin America Styrene Maleic Anhydride  Market, by Application, 2016-2026 (USD Million) 61
        TABLE 13 The Middle-East and Africa Styrene Maleic Anhydride  Market, by Product Type, 2016-2026 (USD Million) 67
        TABLE 14 The Middle-East and Africa Styrene Maleic Anhydride  Market, by Application, 2016-2026 (USD Million) 68
        TABLE 15 Global Styrene Maleic Anhydride  Market - Company Revenue Analysis 2016-2019 (USD Million) 72
        TABLE 16 Global Styrene Maleic Anhydride  Market - Company Revenue Share Analysis 2016-2019(%) 73
        TABLE 17 Acquisitions and Mergers 74
        TABLE 18 New Product/Service Launch 74
        TABLE 19 Research & Development Activities 74
        TABLE 20 Market Drivers 89
        TABLE 21 Market Restraints 89
        TABLE 22 Market Opportunities 90

Key Insights from Primary Research

  • Extensive interviews with CXO’s of the major companies operating in the global styrene maleic anhydride market, the primary research concludes that the global styrene maleic anhydride market to witness a steady growth of nearly 4.2 % over the forecast period.
  • In the year 2019, the market was valued at approximately USD 128 million, in 2019 and is expected to be valued over USD 170 million.
  • On the basis of the application segment, automotive industry and phase solvent are expected to continue to occupy significant market share during the forecast period. The automotive segment is expected to witness highest CAGR during the forecast period.
  • Asia Pacific region is expected to be the fastest growing region for styrene maleic anhydride over the forecast period. The North American and European region market are expected to contribute significantly in the global styrene maleic anhydride revenue.

Key Recommendations from Analysts

  • Our analysts recommend increased focus towards the Asia Pacific market as it is still under penetrated as compared to the European and the North American region. The presence of high potential economies like China, Japan and India provides immense potential of growth in the region.
  • The strategic developments such as regional expansion and product innovations by the major companies is likely to boom the global styrene maleic anhydride sale over the up-coming years.
  • Our analysts recommend that the Asia Pacific region is predicted to witness a significant growth attributed to the growing demand for styrene maleic anhydride from China and India.       
  • Rising economic conditions, growing regional trade especially in emerging market are anticipated to fuel the styrene maleic anhydride market growth in the developing regions over the forthcoming years.
  • The North America and the European region are expected to remain primary source of significant revenue during the studied period. Regional dominance in these regions are expected to provide additional capital capabilities for expansion beyond the borders.

Market Share Analysis by Region

Industry Major Market Players

  • Solenis
  • Polyscope Polymers
  • TOTAL Cray Valley
  • Sartomer
  • Ineos
  • Arakawa Chemical Industries.

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