1. Market Research
  2. > Chemical
  3. > Petrochemical Market Trends
  4. > Primary Petrochemicals in the GCC: Styrene Market Tracker

Primary Petrochemicals in the GCC: Styrene Market Tracker

  • April 2014
  • -
  • Frost & Sullivan
  • -
  • 31 pages

Summary

Table of Contents

The study provides market information on one of the largest petrochemical regions, which is important for understanding the global market from a strategic perspective. The study enlists key manufacturers and their production capacities for styrene in the GCC along with a brief market overview and projected capacity expansions. Trade statistics for 2012 and price trends from 2008 to 2012 have been provided with a detailed analysis. The study includes a brief commentary on the major applications globally, key insights and future growth prospects for styrene.


Key Findings

In the Gulf Cooperation Council (GCC) countries, only the Kingdom of Saudi Arabia (KSA) and Kuwait have capacities to produce styrene, with the KSA having the majority (nearly x %). The total production capacity of the region to produce styrene is x million metric tonnes per annum (MMTA).

The production of styrene is concentrated in the KSA, with SABIC as the regional leader. Kuwait Styrene Co. is the recent capacity addition in the GCC, which started its styrene monomer production in Q3 of 2009.

There are no new upcoming capacities or expansions for existing manufacturers announced for styrene in the GCC.

GCC is the net exporter of styrene, with China and India as the key trading partners.

One of the key application of styrene is in the production of polystyrene. At present, there are 2 polystyrene producers in the GCC—Arabian Petrochemical Company (Petrokemya) and Saudi Polymers Company (SPC).

Companies like Petrokemya, SABIC, and Shell are coming up with plans to produce various styrene downstream products, which is likely to drive the demand for styrene in the GCC.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Methyl Ester Ethoxylates Market by Type, Application, and Region - Global Forecast to 2021

Methyl Ester Ethoxylates Market by Type, Application, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The methyl ester ethoxylate market is projected to grow at a CAGR of 3.4%, in terms of value, from 2016 to 2021” The methyl ester ethoxylate market is projected to reach USD 139.8 million by 2021, ...

Top 15 Petrochemicals Market (Ethylene, Propylene, Benzene, Butadiene, Toluene, Xylenes, Ethylene Oxide, Propylene Oxide, Methanol, PE, PP, PVC, PS, PET, ABS), Applications, and Region - Global Forecast to 2021

Top 15 Petrochemicals Market (Ethylene, Propylene, Benzene, Butadiene, Toluene, Xylenes, Ethylene Oxide, Propylene Oxide, Methanol, PE, PP, PVC, PS, PET, ABS), Applications, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“The high-growth application areas such as packaging, construction, and automotive is driving the consumption of petrochemicals market“ The top 15 petrochemicals market report is divided into three ...

Toluene Market by Application and Derivative - Global Forecast to 2021

Toluene Market by Application and Derivative - Global Forecast to 2021

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Toluene market projected to reach USD 23.41 billion by 2021” The toluene market is projected to reach USD 23.41 billion by 2021 at a CAGR of 6.3%. The growing end-user base of toluene in end-use industries ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.