Key Market Indicators
Thai demand for styrene is projected to drop 1.1% year on year, from 66.1 million kilograms in 2021 to 63 million kilograms in 2026. Since 1993, Thai demand has fallen by 6.1% year on year. The country ranked 20th in 2021; the United Arab Emirates overtook it with 66.1 million kilograms. South Korea, India, and Mexico ranked 2nd, 3rd and 4th respectively. Thai supply of styrene is set to decrease 1.7% year on year, from 17.7 million kilograms in 2021 to 16.2 million kilograms in 2026. Since 1995, Thai supply has grown by 3.8% year on year. The country ranked 16th in 2021; Malaysia overtook it with 17.7 million kilograms. The Netherlands, Saudi Arabia, and South Korea ranked 2nd, 3rd, and 4th respectively.
