Styrene acrylonitrile resin is a type of plastic compound, which is manufactured through copolymerization of styrene and acrylonitrile. These resins are commonly known as SAN resins. The relative composition of acrylonitrile in SAN ranges from 20% to 30%, while the composition of styrene ranges from 70% to 80%.
Albany, NY -- (SBWIRE) -- 09/19/2016 -- The report analyzes and forecasts the styrene acrylonitrile resins market on the global and regional level. The study provides historic data of 2015 along with forecast from 2016 to 2024 based on volume (kilo tons) and revenue (US$ Mn).
The study provides a decisive view of the styrene acrylonitrile resins market by dividing it into end-user and regional segments. End-user segments have been analyzed based on current trends and future potential. The market has been estimated from 2016 to 2024 in terms of volume (kilo tons) and revenue (US$ Mn). Regional segmentation includes current and forecast demand for SAN resins North America, Europe, Rest of Asia Pacific, Latin America, and Middle East & Africa. These regions have been further sub-segmented into countries and sub-regions with relevance to the market. Segmentation also includes demand for individual end-user type in all the regions.
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The study covers drivers and restraints governing the dynamics of the market along with their impact on demand during the forecast period. Additionally, the report comprises opportunities in the styrene acrylonitrile resins market on the global and regional level.
The report includes detailed value chain analysis to provide a comprehensive view of the styrene acrylonitrile resins market. Analysis of Porter's Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications have been benchmarked based on their market size, growth rate, and general attractiveness for future growth.
The market has been forecast based on constant currency rates. Prices of styrene acrylonitrile resins vary in each region and are a result of the demand-supply scenario in the region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. Individual pricing of styrene acrylonitrile resins for each end-user has been taken into account while estimating and forecasting market revenue on the global level. Regional average price has been considered while breaking down the market into end-user segments in each region.
The report provides the size of the styrene acrylonitrile resins market in 2015 and the forecast for the next eight years. Size of the global styrene acrylonitrile resins market has been provided in terms of volume and revenue. Market volume has been defined in kilo tons, while market revenue for regions is in US$ Mn. Market size and forecast for each end-user segment has been provided in the context of the global and regional market. Numbers provided in the report are derived based on demand generated from different end-users. Market dynamics prevalent in North America and Europe have been taken into account for estimating growth of the global SAN resins market.
Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. Prices of commonly utilized grades of styrene acrylonitrile resins in each end-user have been considered, and customized end-user pricing has not been included. Demand for styrene acrylonitrile resins has been derived by analyzing the global and regional demand for styrene acrylonitrile resins in each end-user. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers based on manufacturers' feedback and application requirement. Forecasts have been based on expected demand in styrene acrylonitrile resins end-users.
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The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players include LG Chem Ltd., INOES Styrolution Group GmbH, SABIC, TRINSEO S.A., Chi Mei Corporation, Techno Polymer Co., Ltd., INEOS ABS (USA) Corporation, and Formosa Chemicals & Fiber Corporation. Company profiles comprise attributes such as company overview, brand overview, financial overview (in terms of financial year), business strategies, and recent/key developments.
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