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Showing posts with the label Global Styrene Acrylonitrile Resins Industry

Styrene Acrylonitrile (SAN) Resins Market to reach US$2.86 bn by 2024, TMR

The  global styrene scrylonitrile (SAN) resins market  is moderately consolidated with the domination of large-scale manufacturers .  INEOS Styrolution Group GmbH, Asahi Kasei, and Trinseo S.A. were the top three manufacturers of SAN resins in 2015, with a collective share of 35.7% in terms of revenue, of which INEOS Styrolution Group GmbH accounted for the leading share of 16.4% in the SAN resins market.  Transparency Market Research (TMR), in a new report, states that till 2024, the overall competition for a greater market share is expected to remain high. Packaging is projected to remain one of the most lucrative industries for styrene acrylonitrile resins. Electrical and electronics, automotive, and construction industries are also expected to boost the demand for SAN resins.  Due to collaborations between companies, automotive industry is offering abled technologies to its consumers with the help of SAN resins. In February 2016, two multinational ...