[162+ Pages Report] According to the report published by Facts Factors, the global styrene maleic anhydride market size was worth around USD 128 million in 2019 and is predicted to grow to around USD 170 million by 2026 with a compound annual growth rate (CAGR) of roughly 4.2% between 2019 and 2026. The report analyzes the global styrene maleic anhydride market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the styrene maleic anhydride market.
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.
Report Attribute |
Details |
Market Size in 2019 |
USD 128 Million |
Projected Market Size in 2026 |
USD 170 Million |
CAGR Growth Rate |
4.2% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Solenis, TOTAL Cray Valley, Polyscope Polymers, Ineos, Sartomer and Arakawa Chemical Industries., and Others |
Key Segment |
By Product, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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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.
The taxonomy of the styrene maleic anhydride industry by its scope and segmentation is as follows:
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