Tag Archives: Styrene Acrylonitrile (SAN) Resins Market

Styrene Acrylonitrile (SAN) Resins Market Will Continue to Grow by 2024

The global styrene acrylonitrile resins market is moderately consolidated, where top players own large shares while a larger number of small and mid-sized producers operate in some of the most fruitful regions for SAN resins demand, including China and India. INEOS Styrolution Group GmbH, Trinseo S.A., and Asahi Kasei were the top three manufacturers of SAN resins in 2015, with a collective share of 35.7% in revenue.

Till 2024, the overall competition for a greater market share is expected to remain high, states Transparency Market Research (TMR) in a new report.

Styrene Acrylonitrile (SAN) Resins Market SWOT Analysis Of Top Key Player Forecasts To 2024

Global Styrene Acrylonitrile (SAN) Resins Market: Snapshot

The growth of the consumer electronics industry is the primary factor driving the demand for styrene acrylonitrile resins. SAN resins are widely used in consumer electronics, including PCs, TVs, most handheld devices, and personal care products. Consequently, the current growth in smartphone sales is providing SAN resins manufacturers a good chance for generating optimum revenues. Additionally, the future demand for styrene acrylonitrile resins could come from its growing use in packaging for personal care products.

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