NEW YORK, April 23, 2015 /PRNewswire/ -- About Styrene
Styrene, also known as vinylbenzene, phenylethane, and ethenylbenzene, is an organic compound that is colorless, flammable, water insoluble, and oily. It evaporates easily and has a sweet odor. It has a high tendency to undergo polymerization and copolymerization. Styrene, primarily prepared from dehydrogenation of ethylbenzene, is a derivative of benzene. Commercially styrene is produced as a co-product in the production of propylene oxide through the POSM process. Styrene is found naturally in various foods and plants and also in coal tar. It is a precursor of polymers and copolymers, such as polystyrene, EPS, ABS, SBR, UPR, and others, which are used in a wide range of applications encompassing areas such as construction, packaging, automobile, electrical and electronics, and consumer goods.
TechNavio's analysts forecast the Global Styrene market to grow at a CAGR of 4.82 percent over the period 2014-2019.
Covered in this Report
The Global Styrene market is divided into the following segments based on derivatives: Polystyrene, EPS, ABS, SBR, UPR, Thermoplastic Elastomers, and Others.
TechNavio's report, Global Styrene Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the APAC and EMEA regions; it also covers the Global Styrene market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
• Americas
• APAC
• EMEA
Key Vendors
• Bayer MaterialScience
• CNPC
• Dow Chemical
• Lyondell Basell Chemical
• Nova Chemicals
• Shell Chemicals
Other Prominent Vendors
• Americas Styrenics
• BASF
• Chevron Phillips Chemical
• LG Chem
• Mitsubishi Chemical
• Styrolution
• Total Petrochemicals
Market Driver
• Growing Demand and Production in APAC Market
• For a full, detailed list, view our report
Market Challenge
• Instability in Crude Oil Prices
• For a full, detailed list, view our report
Market Trend
• Decrease in Demand from Developed Countries
• For a full, detailed list, view our report
Key Market Trend
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p02840443-summary/view-report.html
About Reportlinker
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