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Why did the Styrene Price Change in July 2025? Styrene price index in USA showed a volatile trend in Q2 2025, with prices first declining in April before rebounding sharply in late May and then stabilizing in June.
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Get comprehensive insights into the Styrene market, with a focused analysis of the Styrene price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.
The global price of Styrene amounted to ******* U.S. dollars per metric ton in 2019. Two years later, this figure is forecast to slightly grow after two consecutive years with prices falling, reaching some ***** U.S. dollars per metric ton.
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Explore the styrene price index, reflecting the market dynamics of styrene, a key component in plastics production. Learn how crude oil prices, supply-demand balance, environmental regulations, global economic conditions, and trade policies influence styrene costs.
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Styrene pricing analysis shows lower prices during 2024, with only a slight recovery anticipated during the latter half as inventory adjustments and prudent demand showed restraint.
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Why did the Styrene Copolymer Price Change in July 2025? The Styrene Copolymer Spot Price in the U.S. increased marginally through Q2 2025, with the Price Index showing steady improvement by the end of June.
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Get the latest insights on price movement and trend analysis of Styrene Butadiene Styrene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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In August 2022, the styrene price per ton amounted to $1.5 per kg, which is down by -21.8% against the previous month.
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China Settlement Price: Styrene Forward: SPEX: Second Month data was reported at 9,140.000 RMB/Ton in 17 Apr 2009. This records an increase from the previous number of 9,130.000 RMB/Ton for 16 Apr 2009. China Settlement Price: Styrene Forward: SPEX: Second Month data is updated daily, averaging 11,810.000 RMB/Ton from Mar 2007 (Median) to 17 Apr 2009, with 517 observations. The data reached an all-time high of 13,126.000 RMB/Ton in 13 Jun 2008 and a record low of 4,570.000 RMB/Ton in 10 Dec 2008. China Settlement Price: Styrene Forward: SPEX: Second Month data remains active status in CEIC and is reported by Shanghai Petroleum Exchange. The data is categorized under High Frequency Database’s Commodity Prices and Futures – Table CN.ZB: Shanghai Petroleum Exchange: Price: Daily.
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The styrene acrylonitrile prices in the United States for Q3 2024 reached 2160 USD/MT in September. The region witnessed a steady price decline due to weak demand for SAN from the electronics and automotive sectors, compounded by worldwide economic challenges. Even with stable supply chains, subdued demand maintained downward price pressure. Year-over-year comparisons confirmed the ongoing trend, with the quarter ending on a cautious note for SAN pricing.
Product
| Category | Region | Price |
---|---|---|---|
Styrene Acrylonitrile | Polymer & Resin | United States | 2160 USD/MT |
Styrene Acrylonitrile | Polymer & Resin | China | 1540 USD/MT |
Styrene Acrylonitrile | Polymer & Resin | Netherlands | 2555 USD/MT |
Styrene Acrylonitrile | Polymer & Resin | Brazil | 2145 USD/MT |
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In Q1 2025, the North American Styrene Copolymer market showed a mixed price trajectory influenced by feedstock costs, demand fluctuations, and supply chain dynamics. In USA, January began with a 3.6% price increase, driven by strong demand from the automobile and packaging sectors and increased feedstock styrene prices, which pushed production costs higher. Manufacturers responded by scaling up production and adjusting inventories to meet procurement needs, despite some logistical delays affecting delivery times.
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Get comprehensive insights into the Polystyrene market, with a focused analysis of the Polystyrene price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.
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The styrene market size is projected to grow from USD 60.05 billion in 2024 to USD 111.7 billion by 2035, representing a CAGR of 5.807%, during the forecast period till 2035.
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Why did the Acrylonitrile Butadiene Styrene Price Change in July 2025? In April 2025, Acrylonitrile Butadiene Styrene (ABS) prices remained mostly steady across the U.S. due to balanced domestic production and average downstream interest.
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Explore the factors influencing styrene prices in the chemicals sector, including the impact of crude oil fluctuations, supply-demand dynamics, geopolitical events, and logistics on this key ingredient in plastic manufacturing.
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The global styrene market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.32% from 2025 to 2033. This expansion is driven by several key factors. The burgeoning packaging industry, particularly in emerging economies like India and China, fuels significant demand for styrene-based products. Furthermore, the construction sector's reliance on styrene for various applications, including insulation materials and pipes, contributes significantly to market growth. Increasing consumer demand for durable goods, coupled with the growth of the automotive and electronics industries, further bolsters styrene consumption. However, fluctuating crude oil prices, a key raw material for styrene production, represent a major constraint. Environmental concerns related to styrene's potential health impacts also pose a challenge, leading to increased regulatory scrutiny and the adoption of sustainable alternatives in certain applications. The market is segmented by product type (polystyrene, acrylonitrile butadiene styrene (ABS), styrene butadiene rubber (SBR), and others) and end-user industry (packaging, construction, consumer goods, automotive, electrical and electronics, and others). Major players such as Chevron Phillips Chemical Company, Covestro AG, and INEOS Styrolution dominate the market, engaging in strategic partnerships and expansions to enhance their market share. Regional variations in market dynamics are notable. Asia Pacific, especially China and India, currently dominates the market due to rapid industrialization and infrastructure development. North America and Europe follow, with a more mature market characterized by high per-capita consumption and technological advancements. However, emerging markets in South America, the Middle East, and Africa present significant growth opportunities. The forecast period (2025-2033) suggests continued growth, driven by increasing demand in developing nations and ongoing innovation in styrene-based materials for diverse applications like lightweighting in automotive and advanced packaging solutions. The market's evolution will largely depend on balancing the economic benefits of styrene with environmental and health concerns. Recent developments include: December 2022: LG Chem announced on Sunday its plans to introduce a new acrylonitrile butadiene styrene (ABS) product from plant-based sources. Through innovation, the company has strengthened its presence in the market., March 2022: Repsol announced its partnership with Ravago to build the largest polypropylene (PP) compounding plant that manufactures polycarbonate/acrylonitrile butadiene styrene (PC-ABS) for the automotive sector in Morocco. The company has increased its global footprint through the partnership., January 2022: INEOS Styrolution started a 50,000-ton ABS production capacity in Wingles, France. This will increase the product portfolio of INEOS.. Key drivers for this market are: Rising Demand from the Consumer Electronics Industry, Increasing Demand from Packaging Industry; Other Drivers. Potential restraints include: Rising Demand from the Consumer Electronics Industry, Increasing Demand from Packaging Industry; Other Drivers. Notable trends are: Packaging Industry to Drive the Market.
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Why did the Polystyrene Price Change in July 2025? Polystyrene price index in USA showed limited fluctuation during Q2 2025. While April witnessed stable spot prices amid average Polystyrene demand outlook and soft cost support, May 2025 saw mild growth in price index, driven by restocking from downstream packaging and electronics sectors.
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The global styrene market is expected to grow in the forecast period of 2025-2034 at a CAGR of 5.00%.
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The price of styrene-acrylonitrile (SAN) resin in the United States for 2023 reached 2055 USD/MT in December. The market in North America faced challenges due to oversupply and reduced overseas demand, particularly in packaging and household manufacturing.
Product
| Category | Region | Price |
---|---|---|---|
Styrene Acrylonitrile Resin | Chemical | USA | 2055 USD/MT |
Styrene Acrylonitrile Resin | Chemical | South Korea | 1287 USD/MT |
Styrene Acrylonitrile Resin | Chemical | Germany | 2329 USD/MT |
Explore IMARC’s newly published report, titled “Styrene Acrylonitrile Resin Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of styrene acrylonitrile resin pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
In 2023, the global price of polystyrene stood at approximately ***** U.S. dollars per metric ton. This represents a slight decrease from the average global price per in the previous year of ***** U.S. dollars per metric ton.
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Why did the Styrene Price Change in July 2025? Styrene price index in USA showed a volatile trend in Q2 2025, with prices first declining in April before rebounding sharply in late May and then stabilizing in June.