Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
Styrene maleic anhydride (SMA) is a synthetic polymer that is built-up of styrene and maleic anhydride monomers. 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.
SMA resin has excellent performance, so in the automotive sector has been widely used; it also develops quickly in the field of powder coatings and leather products quickly. So it will show steady growth trend in the next few years, the study group estimates compound annual growth rate will reach about 4.2% in the next few years.
SMA resins are mainly produced by styrene and maleic anhydride; they are common chemicals, while global supply is adequate.
The world's major producer of SMA resins concentrates in Europe and the United States, the two regions are also the largest consumers, while in the Asia Pacific region, the application of SMA resin is still in its infancy, especially in China, the annual consumption is about 1200MT, is far below the average level in Europe and America.
In recent years the price of SMA resins impacted by the market of raw materials, prices showing a declining trend, but not much. However, due to high manufacturing technical barriers, manufacturer’s gross margin has obvious advantages compared to conventional resins.
Market Analysis and Insights: Global Styrene Maleic Anhydride (SMA) Copolymer Market
The global Styrene Maleic Anhydride (SMA) Copolymer market is valued at US$ 127.7 million in 2019. The market size will reach US$ 167.4 million by the end of 2026, growing at a CAGR of 3.9% during 2021-2026.
Global Styrene Maleic Anhydride (SMA) Copolymer Scope and Segment
Styrene Maleic Anhydride (SMA) Copolymer market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Styrene Maleic Anhydride (SMA) Copolymer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
A-SMA
R-SMA
Segment by Application
Automobile Instrument
Compatibilizer
Building Materials
Others
By Company
Polyscope
Cray Valley
Ineos
Jiaxing Huawen Chemical
Yinxin Chemical
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
SMA resin has excellent performance, so in the automotive sector has been widely used; it also develops quickly in the field of powder coatings and leather products quickly. So it will show steady growth trend in the next few years, the study group estimates compound annual growth rate will reach about 4.2% in the next few years.
SMA resins are mainly produced by styrene and maleic anhydride; they are common chemicals, while global supply is adequate.
The world's major producer of SMA resins concentrates in Europe and the United States, the two regions are also the largest consumers, while in the Asia Pacific region, the application of SMA resin is still in its infancy, especially in China, the annual consumption is about 1200MT, is far below the average level in Europe and America.
In recent years the price of SMA resins impacted by the market of raw materials, prices showing a declining trend, but not much. However, due to high manufacturing technical barriers, manufacturer’s gross margin has obvious advantages compared to conventional resins.
Market Analysis and Insights: Global Styrene Maleic Anhydride (SMA) Copolymer Market
The global Styrene Maleic Anhydride (SMA) Copolymer market is valued at US$ 127.7 million in 2019. The market size will reach US$ 167.4 million by the end of 2026, growing at a CAGR of 3.9% during 2021-2026.
Global Styrene Maleic Anhydride (SMA) Copolymer Scope and Segment
Styrene Maleic Anhydride (SMA) Copolymer market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Styrene Maleic Anhydride (SMA) Copolymer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
A-SMA
R-SMA
Segment by Application
Automobile Instrument
Compatibilizer
Building Materials
Others
By Company
Polyscope
Cray Valley
Ineos
Jiaxing Huawen Chemical
Yinxin Chemical
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
