China to Provide Major Impetus to Styrene Acrylonitrile (San) Resins Production, Says Tmr

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Styrene Acrylonitrile (SAN) Resins Market - Global

Industry Analysis, Size, Share, Growth, Trends and

Forecast 2016 - 2024

Published Date

18-March-2016

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China to Provide Major Impetus to Styrene Acrylonitrile

(SAN) Resins Production, Says TMR

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Styrene Acrylonitrile (SAN) Resins

Market

REPORT DESCRIPTION

Styrene Acrylonitrile (SAN) Resins Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2016 - 2024

The global styrene acrylonitrile resins market is moderately consolidated, where top players own large shares

while a larger number of small and mid-sized producers operate in some of the most fruitful regions for SAN

resins demand, including China and India. INEOS Styrolution Group GmbH, Trinseo S.A., and Asahi Kasei

were the top three manufacturers of SAN resins in 2015, with a collective share of 35.7% in revenue.

Till 2024, the overall competition for a greater market share is expected to remain high, states Transparency

Market Research (TMR) in a new report.

Packaging is expected to remain the one of the most attractive industries for the demand of styrene

acrylonitrile resins since 2015. A massive range of end-user industries include packaging as a major aspect of

their products, thereby allowing a greater number of SAN resins producers to gain market share.

Other fields that will demand a higher proportion of styrene acrylonitrile resins include electrical and

electronics, automotive, and construction industries. According to TMR, the auto industry is expected to show

the slowest growth rate out of all end users, and market players are advised to look for future signs of market

saturation.

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