Global Styrene Acrylonitrile (San) Resins Market Size By Type, By Application, By Geographic Scope And Forecast
Styrene Acrylonitrile (San) Resins Market Size And Forecast
Styrene Acrylonitrile (SAN) Resins Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow moderately in the forecasted period i.e. 2020 to 2027.
Global Styrene Acrylonitrile (SAN) Resins Market Outlook
SAN resins provide benefits like superior rigidity, load bearing capacity, chemical resistance, flexural strength, thermal resistance and dimensional stability. SAN resins also provide the advantage of being easily processed due to which it is used in varied applications. SAN resins are used in automobile industry to reduce battery cases, gauge covers etc., which are obtained after plastic molding processes. The rise of automobile industry due to the increase in the urbanization and disposable income has augmented the demand for SAN resin-based products. The rise of healthcare sector associated with the rise in the number of hospitals and rise of chronic diseases has led to increase in the demand for medical equipments and syringes which are made from SAN resins. Consumer durable parts like refrigerator doors, panels, panel cover etc. are also produced form SAN resins. The growth of consumer durables sector complements the demand for SAN resins which propels the market growth further.
Although SAN resins are flammable and generate large smoke upon burning which limits the use in critical applications which hinders the overall growth of the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Styrene Acrylonitrile (SAN) Resins Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Styrene Acrylonitrile (SAN) Resins Market Competitive Landscape
The Global Styrene Acrylonitrile (SAN) Resins Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as INOES Styrolution Group GmbH, TRINSEO, LG Chem, SABIC, Chi Mei Corporation, Asahi Kasei, Techno Polymer Co. Ltd., Toyo Engineering Corporation, Formosa Chemicals ; Fiber Corporation, Ningbo LG Yongxing Chemical.
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