Styrene-acrylonitrile Market

Styrene-acrylonitrile market: discover newly released info secured by an Ai-driven market intelligence platform. Datasets provide companies, imports, production, consumption, market prices, trade, market size, and exports. Here is a split by region, including Latin America, the Middle East, Russia, the U.K., Africa, EU, the U.S., and China. Market trends and forecast to 2030 are also featured in the snapshots.

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Styrene-acrylonitrile - World's Largest Markets

In value terms, China, Taiwan (Chinese) and the United States appeared to be the countries with the highest levels of market value in 2020, with a combined 49% share of the global market.

Taiwan (Chinese) (+141.3% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while styrene-acrylonitrile market for the other global leaders experienced mixed trends in the market figures.

Styrene-Acrylonitrile Prices

Styrene-Acrylonitrile - Top Importers

In value terms, China ($3.4B) constitutes the largest market for imported styrene-acrylonitrile (san) and acrylonitrile-butadiene-styrene (abs) copolymers (in primary forms) worldwide, comprising 40% of global imports. The second position in the ranking was occupied by Hong Kong SAR ($745M), with a 8.6% share of global imports. It was followed by Germany, with a 4.1% share.

In China, styrene-acrylonitrile imports contracted by an average annual rate of -11.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Hong Kong SAR (-19.6% per year) and Germany (-22.5% per year).

Styrene-Acrylonitrile - Top Exporters

In value terms, South Korea ($2.3B) remains the largest styrene-acrylonitrile supplier worldwide, comprising 38% of global exports. The second position in the ranking was occupied by Hong Kong SAR ($752M), with a 12% share of global exports. It was followed by Belgium, with a 7.2% share.

From 2018 to 2020, the average annual rate of growth in terms of value in South Korea totaled -13.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (-16.2% per year) and Belgium (+38.7% per year).

Styrene-Acrylonitrile - Market Forecast

Depressed by shrinking demand for styrene-acrylonitrile worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Styrene-Acrylonitrile - Top Companies

The Dow Chemical Company, AVC HOLDINGS PTY LTD, AUSTRALIAN VINYLS CORPORATION PTY LTD, MB Barter (usa) Inc, SUMITOMO CHEMICAL COMPANY, LIMITED, HARVEYS COMPOSITES (PTY) LTD, PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED, NAN YA PLASTICS CORPORATION, Hengyi Petrochemical Co., Ltd., Chevron Phillips Chemical Company LLC, Eastman Chemical Company, Huntsman International LLC, Huntsman Corporation, Westlake Chemical Corporation, Celanese Americas LLC, Covestro Deutschland AG, FORMOSA PLASTICS CORPORATION, Celanese Holdings LLC, Celanese Chemicals Inc., HITACHI CHEMICAL COMPANY, LTD.

Styrene-acrylonitrile - Product Coverage

• HS 390320 - Styrene polymers; styrene-acrylonitrile (SAN) copolymers, in primary forms
• HS 390330 - Styrene polymers; acrylonitrile-butadiene-styrene (ABS) copolymers, in primary forms