Styrene maleic anhydride (SMA) is a synthetic polymer that is built-up of styrene and maleic anhydride monomers. The polymer is formed by a radical polymerization, using an organic peroxide as the initiator. The main characteristics of SMA copolymer are its transparent appearance, high heat resistance, high dimensional stability, and the specific reactivity of the anhydride groups. The latter feature results in the solubility of SMA in alkaline (water-based) solutions and dispersion.
SMA resin has excellent performance, so in the automotive sector has been widely used; it also develops quickly in the field of powder coatings and leather products quickly. So it will show steady growth trend in the next few years, the study group estimates compound annual growth rate will reach about 4.2% in the next few years.
SMA resins are mainly produced by styrene and maleic anhydride; they are common chemicals, while global supply is adequate.
The world's major producer of SMA resins concentrates in Europe and the United States, the two regions are also the largest consumers, while in the Asia Pacific region, the application of SMA resin is still in its infancy, especially in China, the annual consumption is about 1200MT, is far below the average level in Europe and America.
In recent years the price of SMA resins impacted by the market of raw materials, prices showing a declining trend, but not much. However, due to high manufacturing technical barriers, manufacturer’s gross margin has obvious advantages compared to conventional resins.
The global Styrene-Maleic Anhydride Copolymer market was 120 million US$ in 2018 and is expected to 160 million US$ by the end of 2025, growing at a CAGR of 3.9% between 2019 and 2025.
This report studies the Styrene-Maleic Anhydride Copolymer 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 Styrene-Maleic Anhydride Copolymer 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
TOTAL Cray Valley (TCV)
Baoding Lucky Chemical
Kaixin Fine Chemical
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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 Styrene-Maleic Anhydride Copolymer 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 Styrene-Maleic Anhydride Copolymer 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 Styrene-Maleic Anhydride Copolymer 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 Styrene-Maleic Anhydride Copolymer with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Styrene-Maleic Anhydride Copolymer 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 Styrene-Maleic Anhydride Copolymer 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 Styrene-Maleic Anhydride Copolymer 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 Styrene-Maleic Anhydride Copolymer market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.