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.
Global Styrene-Maleic Anhydride Copolymer market size will increase to 160 Million US$ by 2025, from 120 Million US$ in 2018, at a CAGR of 3.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Styrene-Maleic Anhydride Copolymer.
This report researches the worldwide Styrene-Maleic Anhydride Copolymer market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Styrene-Maleic Anhydride Copolymer breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Polyscope Polymers
TOTAL Cray Valley (TCV)
INEOS
Sinopec
Baoding Lucky Chemical
YINXIN Chemical
Kaixin Fine Chemical
Styrene-Maleic Anhydride Copolymer Breakdown Data by Type
A-SMA
R-SMA
Styrene-Maleic Anhydride Copolymer Breakdown Data by Application
Automobile Industry
Phase Solvent
Building Materials
Others
Styrene-Maleic Anhydride Copolymer Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Styrene-Maleic Anhydride Copolymer Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Styrene-Maleic Anhydride Copolymer capacity, production, value, consumption, status and forecast;
To focus on the key Styrene-Maleic Anhydride Copolymer manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Styrene-Maleic Anhydride Copolymer :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Styrene-Maleic Anhydride Copolymer . Industry analysis & Market Report on Styrene-Maleic Anhydride Copolymer is a syndicated market report, published as Global Styrene-Maleic Anhydride Copolymer Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Styrene-Maleic Anhydride Copolymer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.