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Styrenics Market - Polystyrene (Expanded, GPPS), Acrylonitrile Butadiene Styrene, SBR, UPR - Global Trends & Forecasts to 2018
Styrenics Market - Polystyrene (Expanded, GPPS), Acrylonitrile Butadiene Styrene, SBR, UPR - Global Trends & Forecasts to 2018



Publisher: MarketsandMarkets
Publication: Date: 21th July 2013
No. of Pages: 217
Delivery Format: PDF

Product Code: MM-130736

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Description Contents
The styrenics consumption is estimated to be 35,007 kilotons in 2013 and will grow by 4.81% annually till 2018. The increasing demand of styrenics in Asia-Pacific, especially in China, and growth in end-user applications such as construction and automotive industry are key factors driving the global market.

Polystyrene (PS) is the major polymer which is largely consumed, followed by Acrylonitrile Butadiene Styrene (ABS) and Expanded Polystyrene (EPS). Properties of PS and EPS make it suitable for a wide variety of applications such as construction, packaging, consumer goods, etc. Automotive industry is the major consumer of Styrene Butadiene Rubber (SBR) particularly in tire manufacturing. Unsaturated Polyester Resin (UPR) has its applications in pipes & tanks, marine accessories, wind energy, etc.

Asia-Pacific is driving the market contributing more than 50% of the global demand. The other drivers include high growth in wind energy applications of UPR and increased SBR demand due to tire labeling regulations. Due to cost and performance advantages, UPR is widely used in the manufacturing of wind blades, rotors, ventilators, etc., thus ensuring high growth in wind energy applications. Similarly, tire labeling regulations, being adopted by different countries such as Germany, Japan, etc., has led to an increased SBR demand worldwide, especially in the automobile industry.

Increasing environmental and health concerns due to usage of styrene and acceptance of other resins as substitute to Unsaturated Polyester Resin (UPR) were identified as major restraints. At present, their impact on the market is relatively high. However, emerging economies and innovations in products will create growth opportunities for styrenics in the near future.

Companies producing or planning to produce styrenics in the near future are opting for expansion by introducing new facilities and increase in capacity. The  market is a highly diversified market consisting of different types of polymers, each having wide range of applications. Due to this, there are large numbers of players operating in the market engaged in the manufacturing of different styrene-based products for different applications.

The report covers the global  market in the Asia-Pacific, Europe, North America, and Rest of the World under major types of polymers such as Polystyrene (PS), Expanded Polystyrene (EPS), Acrylonitrile Butadiene Styrene (ABS), etc. Market estimations have been provided in terms of consumption volume (kilotons) and market revenue ($million). The styrenics have also been segmented by their respective applications.

For this report, various secondary sources such as chemical magazines, encyclopedia, directories, technical handbooks, company annual reports, industry association publications, articles, trade websites, and databases have been referred to identify and collect information useful for this extensive commercial study. The primary sources — experts from related industries and suppliers — have been interviewed to obtain and verify critical information as well as to assess the future prospects and market estimations.

This report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. Major companies such as BASF (Germany), SABIC (Saudi Arabia), Lanxess AG (Germany), The Dow Chemical Company (U.S.), Total S.A. (France), etc. have also been profiled in this report.

Scope of the report:

On the basis of polymer types:

    Polystyrene (PS)
    Expanded Polystyrene (EPS)
    Acrylonitrile Butadiene Styrene (ABS)>
    Styrene Butadiene Rubber (SBR)
    Unsaturated Polyester Resin (UPR)
    Other Polymers

On the basis of applications:

The market consists of different types of polymers each having different applications. Some of the major applications are building & construction, packaging, automotive, appliances, marine accessories, wind energy, etc.

On the basis of geography:

    North America

The global market for medical power supply was estimated at $642.0 million in 2012 and is poised to grow at a CAGR of 6.2% from 2012 to 2017 to reach $866.8 million by 2017.

The global market is categorized into three broad segments - by technology, by type, and by application. The global market by technology is broadly categorized into AC-DC and DC-DC power supply. The market by type is categorized into enclosed, open frame, external, configurable and encapsulated power supply and the medical power supply application market is categorized into diagnostic equipment, medical monitoring equipment, home patient care equipment, dental equipment, and surgical equipment.

Rise in high efficiency and digitally controlled power supply, opportunities in emerging economies, advancement in medical device technology and portable medical equipment, increasing aging population, and increasing incidences of lifestyle diseases are boosting the growth of the market. The market is, however, restrained by stringent regulatory and certification systems, and the economic downturn. Opportunities such as growth in medical device market, upsurge in home patient care, and shift towards mobile medical devices are likely to propel the market in the coming years.

The global market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). North America will continue to lead the medical power supply market in the forecast period, followed by Europe. Growth of the North American market is likely to be driven by the growing medical device market, incessant launch of innovative power supplies to meet the burgeoning demand of medical devices used for diagnosis or therapeutics, reimbursements offered by Centers for Medicare and Medicaid Services (CMS) for medical devices, rise in number of people suffering from chronic diseases, and rise in aging population.

Over the next five years, the growth of the market in the Asian region is likely to be centered at, China, India, Taiwan, Korea, and Singapore. The growth will be driven by the improvement in the standard of living, greater access to medical treatment, and an upsurge in availability of technical support for healthcare. Moreover, prominent power supply manufacturers are opening their manufacturing facilities in the Asian subcontinent, especially in China. This is fueling the growth of this market in this region.

Some of the major players operating in the market are TDK Lambda (Japan), SL Power Electronics (U.S.), Emerson Network Power (U.S.), XP Power (Singapore), Powerbox (Sweden), Astrodyne Corporation (U.S.), Excelsys Technology (Ireland), ICCNexergy (U.S.), CUI, Inc. (U.S.), Delta Electronics, Inc. (Taiwan), FRIWO Gerätebau GmbH (Germany), Mean Well Enterprises Co., Ltd (Taiwan), GlobTek, Inc. (U.S.), SynQor, Inc. (U.S.), and Wall Industries, Inc. (U.S.).

Scope of the Report

The report provides comprehensive analysis of the global market. Each market is comprehensively analyzed at a granular level by geography (U.S., Europe, Asia and Rest of the World (RoW)) to provide in-depth information on the global scenario.

Global Medical Power Supply Market Segmentation

By Technology:

    AC-DC power supply
    DC-DC power supply

By Type:

    Open frame
    U Bracket

By Application:

    Diagnostic Equipment
        Blood Analyzers
        Medical Monitoring
            Multi parameter monitor
            Blood Pressure Monitor
            Anesthesia monitor
            Home Patient Care
                PAP devices
                Infusion Pumps
                Ventricular assist devices
                Pulse Oximeters
                Portable Nebulizers
                Portable suction device
                Oxygen Concentrators
                Dialysis devices
                Dental Equipment
                    CAD/CAM systems
                    Oral care equipment
                    Digital radiology equipment
                    Dental Chairs
                    X-ray machines
                    Surgical Equipment
                        Ophthalmic surgery equipment
                        Surgical Lasers
                        Robotic surgical devices
                        Cosmetic surgery equipment

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