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.
The Global Production Scale of Syndiotactic Polystyrene is small. Idemitsu Kosan and LG Chem are the only two manufacturers of pure Syndiotactic Polystyrene in the world now.
The Syndiotactic Polystyrene is used by adding other materials such as glass fiber to enhance its property. Both Idemitsu and LG Chem supply SPS compound in the world. Idemitsu has SPS compounds plants in Japan, China, the US and Germany and supplies the product with the brand name XAREC. LG Chem has SPS compound plant in South Korea. LG Chem supplies the products with the brand name LUSEP.
Idemitsu is the first company in the world to launch commercial production of the Syndiotactic Polystyrene and now Idemitsu is the world leader of the product in the world.
The entrance barrier of the Syndiotactic Polystyrene industry is the technology hurdle in the production of metallocene catalysts. Idemitsu, Dow Chemical and LG Chem are the few companies who have the technology of the production and application of the metallocene catalysts for the polymerization of Syndiotactic Polystyrene.
Global production of Syndiotactic Polystyrene is 8.92 K MT in 2015. Due to technical limitations, the development in Syndiotactic Polystyrene industry is slowly. In the future, we guess that the production will increase to 9.08 K MT by 2021.
The global Syndiotactic Polystyrene market was 55 million US$ in 2018 and is expected to 56 million US$ by the end of 2025, growing at a CAGR of 0.2% between 2019 and 2025.
This report studies the Syndiotactic Polystyrene market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Syndiotactic Polystyrene in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
By the product type, the market is primarily split into
LG Chem product
Idemitsu Kosan product
By the end users/application, this report covers the following segments
Food and Medical container
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Syndiotactic Polystyrene market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Syndiotactic Polystyrene market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Syndiotactic Polystyrene manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Syndiotactic Polystyrene with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Syndiotactic Polystyrene submarkets, with respect to key regions (along with their respective key countries).
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 Syndiotactic Polystyrene are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Syndiotactic Polystyrene market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Syndiotactic Polystyrene market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.