Styrene-Maleic Anhydride Copolymer Market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Los Angeles, CA -- (SBWIRE) -- 02/02/2019 -- 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 2018 is expected to reach 160 million US$ by the end of 2025, growing at a CAGR of 3.9% during 2019-2025. This report focuses on Styrene-Maleic Anhydride Copolymer volume and value at global level, regional level and company level. From a global perspective, this report represents overall Styrene-Maleic Anhydride Copolymer market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Polyscope Polymers
TOTAL Cray Valley (TCV)
INEOS
Sinopec
Baoding Lucky Chemical
YINXIN Chemical
Kaixin Fine Chemical
Segment by Regions
North America
Europe
China
Japan
Segment by Type
A-SMA
R-SMA
Segment by Application
Automobile Industry
Phase Solvent
Building Materials
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