China to Provide Major Impetus to Styrene Acrylonitrile (SAN) Resins Production, Says TMR

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. Packaging is expected to remain the one of the most attractive industries for the demand of styrene acrylonitrile resins since 2015. A massive range of end-user industries include packaging as a major aspect of their products, thereby allowing a greater number of SAN resins producers to gain market share.

China to Provide Major Impetus to Styrene Acrylonitrile (SAN) Resins Production, Says TMR

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