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Global Styrene-Maleic Anhydride Copolymer Sales Market Industry Trend and Forecast 2025

 

City of Industry, CA -- (SBWIRE) -- 07/16/2018 -- This report studies the global Styrene-Maleic Anhydride Copolymer market status and forecast, categorizes the global Styrene-Maleic Anhydride Copolymer market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Styrene maleic anhydride (SMA) is a synthetic polymer that is built-up of styrene and maleic anhydride monomers. The polymer is formed by a radical polymerization, using an organic peroxide as the initiator. The main characteristics of SMA copolymer are its transparent appearance, high heat resistance, high dimensional stability, and the specific reactivity of the anhydride groups. The latter feature results in the solubility of SMA in alkaline (water-based) solutions and dispersion.

SMA resin has excellent performance, so in the automotive sector has been widely used; it also develops quickly in the field of powder coatings and leather products quickly. So it will show steady growth trend in the next few years, the study group estimates compound annual growth rate will reach about 4.2% in the next few years.

SMA resins are mainly produced by styrene and maleic anhydride; they are common chemicals, while global supply is adequate.

The world's major producer of SMA resins concentrates in Europe and the United States, the two regions are also the largest consumers, while in the Asia Pacific region, the application of SMA resin is still in its infancy, especially in China, the annual consumption is about 1200MT, is far below the average level in Europe and America.

In recent years the price of SMA resins impacted by the market of raw materials, prices showing a declining trend, but not much. However, due to high manufacturing technical barriers, manufacturer's gross margin has obvious advantages compared to conventional resins.

The global Styrene-Maleic Anhydride Copolymer market is valued at 120 million US$ in 2017 and will reach 160 million US$ by the end of 2025, growing at a CAGR of 3.9% during 2018-2025.

The major players covered in this report

Polyscope Polymers

TOTAL Cray Valley (TCV)

INEOS

Sinopec

Baoding Lucky Chemical

YINXIN Chemical

Kaixin Fine Chemical

...

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

United States

Europe

China

Japan

Southeast Asia

India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Saudi Arabia

Turkey

Rest of Middle East & Africa

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

A-SMA

R-SMA

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

Automobile Industry

Phase Solvent

Building Materials

Others

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