Global Styrene Maleic Anhydride (SMA) Copolymer Market Size study, by Type (A-SMA, R-SMA), by Application (Automobile Instrument, Phase Solvent, Building Materials, Others) and Regional Forecasts2019-2026

Published by Bizwit Research & Consulting | On Sep-2019 | Pages : 200 | Report ID : 674006

Global Styrene Maleic Anhydride (SMA) Copolymer Market valued approximately USD 438.5 million in 2018 is anticipated to grow with a CAGR of 10.72% over the forecasted period of2019-2026. Styrene maleic anhydride is a synthetic polymer that is built-up of styrene and maleic anhydride monomers. The monomers can be almost perfectly alternating, making it an alternating copolymer, but (random) copolymerization with less than 50% maleic anhydride content is also possible. The polymer is formed by a radical polymerization, using an organic peroxide as the initiator. The main characteristics of SMA copolymer are its transparent appearance, high heat resistance, high dimensional stability, and the specific reactivity of the anhydride groups. The latter feature results in the solubility of SMA in alkaline (water-based) solutions and dispersion. The market growth is primarily driven owing to escalating adoption by end user industries along with investments made by the private organizations considering the global scenario. The regional analysis of Global Styrene Maleic Anhydride (SMA) Copolymer Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period2019-2026. The leading market players mainly include- Polyscope Polymers Total Cray Valley Ineos Sinopec Baoding Lucky Chemical Kaixin Fine Chemical The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Type: A-SMA R-SMA By Application: Automobile Instrument Phase Solvent Building Materials Others By Regions: North America U.S. Canada Europe UK Germany Asia Pacific China India Japan Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year ? 2016, 2017 Base year ? 2018 Forecast period ? 2019 to 2026 Target Audience of the Global Styrene Maleic Anhydride (SMA) Copolymer Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors