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Last Updated: Apr 26, 2025 | Study Period: 2024-2030
A plastic material made from styrene and acrylonitrile is called styrene resin. Since it has higher thermal resistance than polystyrene, it is frequently used in place of that material. 20 to 30% acrylonitrile and 70 to 80% styrene by weight are found in the chains.
The mechanical and chemical resistance of a plastic with a higher acrylonitrile content is enhanced, but the normally translucent material also gains a yellow tinge. Its optical transparency and brittle mechanical properties are similar to those of polystyrene.
Because the copolymer's chain contains acrylonitrile units, the material is resistant to boiling water and has a glass transition temperature above 100 °C.
The Global camera styrene resin market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Toyo Denka developed a Chemical Recycling Facility for Used Polystyrene Resin. The usage of new oil resources must be decreased, and waste plastics must be recycled, in order to create a society that circulates resources without producing carbon emissions.
Chemical recycling, in contrast to material recycling, has no restrictions on uses, and materials can be recycled as frequently as required. Additionally, compared to other plastics, this process is able to make the best use of the property of styrene resins that makes it simple to pyrolyze a polymer into a monomer.
Toyo Styrene will build a chemical recycling plant and launch a company to collect post-industrial materials from customers as part of a technical license agreement reached with Agile in the U.S., which has commercialized chemical recycling plants converting used polystyrene to styrene monomer.
This will be the first such plant ever built. The Denka Group provides a range of styrene-chain products, from transparent resins like SBC and MS resins to highly functional resins like heat-resistant agents and food packaging materials and containers, which support people's lives and are used in a variety of applications from automobiles to home electrical appliances and foods.
By attempting to implement chemical recycling along the entire styrene chain, Denka will help hasten the construction of a society that is resource- and carbon-free in order to uphold its social obligations as a producer of petrochemical products.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |