London, UK (PRWEB) July 09, 2015
The consumption of styrene in the global market is driven by the constantly increaing demand for polystyrene and EPS from such applications as unsaturated PE resin, SB latex, styrene-butadiene rubber (SBR), among others. To satisfy the rapidly growing demand for feedstock the styrene capacity utilization rates need to be raised significantly in the nearest future. By the way, the capacity utilization rates are anticipated to follow an upward trend and to amount to about 95% by 2018.
The global styrene market is likely to be dominated by such leading styrene producing regions as Asia-Pacific, Latin America and the Middle East. Despite growth of styrene capacity utilization rates worldwide, the North American and European markets are predicted to cut styrene production and consumption. By 2019, demand for the product in the USA is set to change.
Topical research publication “Styrene: 2015 World Market Outlook and Forecast up to 2019” elaborated by Merchant Research & Consulting can be found at mcgroup.co.uk.
Title: Styrene: 2015 World Market Outlook and Forecast up to 2019
Published: June, 2015
Price: US$ 4,500.00
This comprehensive research report provides access to an all-encompassing analysis of the worldwide styrene market, granting unique information and facts pertaining to the current and historical situation in the sector. The topical study comprises a full description of the product, its manufacturing process, main properties and applications. The study offers an up-close look at country, regional and global markets for styrene. The report analyzes the global styrene market scenario, delves into the historical background and includes a holistic five-year forecast for the market. It discloses reliable statistics on the styrene capacity, production, consumption, trade, prices, exports and imports on the country, regional and world scale.
Other in-demand market research reports by the publisher can be found at Merchant Research & Consulting page.