Global Syndiotactic Polystyrene Market Outlook 2022

Syndiotactic Polystyrene (or Syndiotactic Polystyrene, SPS) is a kind of crystal polystyrene engineering plastic which is different from normal polystyrene’s in spatial structure. The structure of the product is regularly alternately spaced and it makes its properties different from normal polystyrene especially the resistance of heat and drug. Syndiotactic Polystyrene provides a good balance and competes well against other materials in a wide variety of applications.
Global Syndiotactic Polystyrene key players include Idemitsu Kosan, LG Chem, etc. Global top two players hold a share about 100%.
South Korea is the largest market, with a share about 25%, followed by Japan, having a share about 5 percent.
In terms of product, Idemitsu Kosan Product is the largest segment, with a share about 75%. And in terms of application, the largest application is Electronic components, followed by Automotive, Membrane, Food and Medical container.

Market Analysis and Insights: Global Syndiotactic Polystyrene Market
The global Syndiotactic Polystyrene market was valued at US$ 55 million in 2020 and it is expected to reach US$ 57 million by the end of 2027, growing at a CAGR of 0.2% during 2021-2027.

Global Syndiotactic Polystyrene Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Syndiotactic Polystyrene Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type
LG Chem Product
Idemitsu Kosan Product


Segment by Application
Automotive
Membrane
Food and Medical container
Electronic components


By Company
Styrolution
Sinopec
CNPC
FCFC
Lyondellbasell
Chevron Phillips
Ineos
DuPont
Sabic
Cosmer
Shell
Idemitsu

Production by Region
Japan
South Korea

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE