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.

During Q1 2025, the Styrene market in the USA was characterized by initial volatility followed by a period of stabilization. February saw a surge in prices, largely driven by a spike in benzene costs and a sharp increase in demand from downstream packaging and ABS sectors. However, this momentum changed in March, with prices stabilizing at USD 1,160/MT in the first week. By mid-March, prices declined by 3.4% due to falling benzene and ethylene costs, as well as reduced buying interest.

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.

The global styrene market expanded markedly to $38.1B in 2024, picking up by 5.7% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market hit record highs at $38.4B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

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.

Explore the dynamics influencing styrene prices, including crude oil fluctuations and global plastic demand. Discover where to access real-time price data and expert market analyses to stay informed.

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.

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).

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.

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.

The U.S. styrene market amounted to $5.5B in 2024, increasing by 4.4% against the previous year. In general, the total consumption indicated a measured increase from 2012 to 2024: its value increased at an average annual rate of +2.6% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -7.2% against 2022 indices.

The polystyrene prices in the United States for Q3 2024 reached 1350 USD/MT in September. The market was challenged with declining prices, driven by lower product consumption in key industries like construction and packaging. Moreover, the excess supply situation compounded the condition, creating a challenging market atmosphere.

Explore the dynamic styrene price trends driven by supply chain disruptions, crude oil fluctuations, and demand changes. Discover how economic recovery, geopolitical tensions, and environmental factors impact this vital industrial material's market.

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.

Get the latest insights on price movement and trend analysis of Styrene Butadiene Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The global Styrene Market size is expected to reach USD 88.53 Billion in 2032 registering a CAGR of 5.1%. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more.

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.

Explore the key factors influencing styrene monomer prices, including crude oil fluctuations, supply-demand dynamics, raw material costs, and global economic conditions. Stay informed with price trend tracking and strategic insights for industries using styrene monomer.

In 2024, the Malaysian styrene market increased by 4% to $393M, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Styrene consumption peaked in 2024 and is likely to see steady growth in the immediate term.

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.