Styrene

Outlook on the Polystyrene Foam Global Market to 2030 - Featuring Knauf Insulation, Kingspan and Synthos Among Others

Retrieved on: 
Thursday, February 3, 2022

Polystyrene foam is a semi-finished product made from styrene and is used in a variety of insulations, shipment protections, and floatation applications.

Key Points: 
  • Polystyrene foam is a semi-finished product made from styrene and is used in a variety of insulations, shipment protections, and floatation applications.
  • Polystyrene foams are of two types - expanded polystyrene (EPS) foam and extruded polystyrene (XPS) foam.
  • EPS is a rigid, closed cell, thermoplastic foam material produced from solid beads of polystyrene by gas expansion.
  • KEY PLAYERS engaged in the production of polystyrene foam include Alpek, BASF SE, ChovA, Drew Foam, DuPont, Kingspan Group, Knauf Insulation, Sunpor Kunststoff GmbH, Synthos S.A., and Xella International.

Worldwide Polystyrene Foam Industry to 2030 - Demand for Foam-Based Materials from Non-Residential Building Sectors Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 2, 2022

The "Polystyrene foam Market by Product, and End-use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Polystyrene foam Market by Product, and End-use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
  • Polystyrene foam is a semi-finished product made from styrene and is used in a variety of insulations, shipment protections, and floatation applications.
  • Polystyrene foams are of two types - expanded polystyrene (EPS) foam and extruded polystyrene (XPS) foam.
  • Thus, fluctuations caused in demand due to plant shutdowns will tend to increase the price of polystyrene foam.

$29.5 Billion Water-Based Adhesive Markets - Global Outlook & Forecast 2022-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 2, 2022

The "Water-Based Adhesive Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Water-Based Adhesive Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The water based adhesive market size was valued at USD 20.2 billion in 2021 and is expected to reach USD 29.5 billion by 2027, growing at a CAGR of 6.51% during the forecast period.
  • Water-based polyurethane adhesives are witnessing high growth owing to their increasing demand and application in packaging, automotive, electronics, and many other industries.
  • Construction, electronics, tapes and labels, automobile and packaging industry is the driving factor for the water-based adhesive in APAC region.

Insights on the Petrochemicals Global Market to 2028 - Focus on Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene and Methanol - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 12, 2022

Crude oil and natural gas are the major raw materials used for the manufacturing of petrochemical products.

Key Points: 
  • Crude oil and natural gas are the major raw materials used for the manufacturing of petrochemical products.
  • The volatile prices of crude oil are a major challenge in the procurement process of crude oil as a raw material for product manufacturers.
  • The competitive rivalry among producers of petrochemicals is high as the market is characterized by the presence of a large number of global players with strong distribution networks.
  • Asia Pacific was the dominating region in 2020 and is predicted to witness the highest CAGR over the forecast period.

Toyo Styrene Enters into the Construction Phase of Chemical Recycling Facility in Japan utilizing Agilyx Technology

Retrieved on: 
Tuesday, January 11, 2022

PORTLAND, Ore., Jan. 11, 2022 /PRNewswire/ -- Agilyx, (Euronext Growth Oslo: AGLX.OL; OTCQX: AGXXF) a technology company that enables customers to recycle the most challenging post-use plastics to high value, virgin-equivalent products and Toyo Styrene Co., LTD ("Toyo Styrene"), an affiliate of Denka Company Limited , Nippon Steel Chemical & Material Co., Ltd. and Daicel Co., Ltd., announced today they are entering into the construction phase of a 10 ton per day chemical recycling facility in Japan, enabled by Agilyx depolymerization technology.

Key Points: 
  • PORTLAND, Ore., Jan. 11, 2022 /PRNewswire/ -- Agilyx, (Euronext Growth Oslo: AGLX.OL; OTCQX: AGXXF) a technology company that enables customers to recycle the most challenging post-use plastics to high value, virgin-equivalent products and Toyo Styrene Co., LTD ("Toyo Styrene"), an affiliate of Denka Company Limited , Nippon Steel Chemical & Material Co., Ltd. and Daicel Co., Ltd., announced today they are entering into the construction phase of a 10 ton per day chemical recycling facility in Japan, enabled by Agilyx depolymerization technology.
  • The recycling plant will convert post-use polystyrene into a styrene monomer that will be purified using Toyo Styrene's proprietary purification process.
  • "As the first step toward the circular economy, we will construct a chemical recycling plant for this project, collect post-industrial materials for the time being, and start a chemical recycling business."
  • said Sanshiro Matsushita, President of Toyo Styrene.

Worldwide Benzene-Toluene-Xylene Industry to 2026 - Ethylbenzene to Dominate the Benzene Application Segments - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 29, 2021

Ethylbenzene (EB) is the key intermediate in the production of styrene, which is produced by the catalytic dehydrogenation of ethylbenzene, which gives hydrogen and styrene.

Key Points: 
  • Ethylbenzene (EB) is the key intermediate in the production of styrene, which is produced by the catalytic dehydrogenation of ethylbenzene, which gives hydrogen and styrene.
  • The major styrene industry markets include packaging, electrical and electronic appliances, construction, automotive, and consumer products.
  • Ethylbenzene is added to gasoline as an anti-knock agent to reduce engine knocking and increase the octane rating.
  • According to the China National Coatings Industry Association, the industry has been registering a growth of 7% through recent years.

Nexus Circular achieves another waste-to-virgin plastics milestone as subsidiary of Chevron Phillips Chemical Company LLC invests to accelerate global growth

Retrieved on: 
Thursday, December 16, 2021

ATLANTA, Dec. 16, 2021 /PRNewswire-PRWeb/ -- Nexus Circular (Nexus), the leading circular waste-to-virgin plastics recycler, announced today a meaningful investment from Six Pines Investments LLC ("Six Pines"), a subsidiary of Chevron Phillips Chemical Company LLC ("CPChem").

Key Points: 
  • ATLANTA, Dec. 16, 2021 /PRNewswire-PRWeb/ -- Nexus Circular (Nexus), the leading circular waste-to-virgin plastics recycler, announced today a meaningful investment from Six Pines Investments LLC ("Six Pines"), a subsidiary of Chevron Phillips Chemical Company LLC ("CPChem").
  • Six Pines' meaningful investment in Nexus is an important step in meeting this goal and in accelerating the transition to a circular economy for plastics.
  • Benny Mermans, vice president sustainability at CPChem said, "Nexus and CPChem share a common goal to divert plastic waste from the environment.
  • Nexus is the leading operational, commercially scaled converter of waste plastics to feedstocks, which in turn are converted back to virgin plastics.

ICIS partners with WIND China - bringing its global Live Disruptions Tracker to commodity traders across China

Retrieved on: 
Thursday, October 21, 2021

LONDON, Oct. 21, 2021 /PRNewswire/ --ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to users of WIND, China's leading financial data and analysis provider.

Key Points: 
  • LONDON, Oct. 21, 2021 /PRNewswire/ --ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to users of WIND, China's leading financial data and analysis provider.
  • The partnership allows WIND Financial Terminal users to seamlessly access ICIS' global live disruption intelligence for six key chemical futures markets including PP, PE, MEG, PTA, Styrene and Methanol.
  • The ICIS Live Disruption Tracker, which aggregates more than 125 million data points, provides both planned and unplanned global production shutdowns anticipating new plant expansion and contractions.
  • WIND Financial Terminal users will be able to access both historical ICIS data, back to October 2017, as well as the global outlook for the next 12 months.

ICIS partners with WIND China - bringing its global Live Disruptions Tracker to commodity traders across China

Retrieved on: 
Thursday, October 21, 2021

LONDON, Oct. 21, 2021 /PRNewswire/ --ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to users of WIND, China's leading financial data and analysis provider.

Key Points: 
  • LONDON, Oct. 21, 2021 /PRNewswire/ --ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to users of WIND, China's leading financial data and analysis provider.
  • The partnership allows WIND Financial Terminal users to seamlessly access ICIS' global live disruption intelligence for six key chemical futures markets including PP, PE, MEG, PTA, Styrene and Methanol.
  • The ICIS Live Disruption Tracker, which aggregates more than 125 million data points, provides both planned and unplanned global production shutdowns anticipating new plant expansion and contractions.
  • WIND Financial Terminal users will be able to access both historical ICIS data, back to October 2017, as well as the global outlook for the next 12 months.

Worldwide Styrenic Block Copolymers Industry to 2026 - Increasing Application in Bitumen Modification Is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 19, 2021

The polybutadiene chains in the structure allow the material to be stretched and get back to its normal state.

Key Points: 
  • The polybutadiene chains in the structure allow the material to be stretched and get back to its normal state.
  • These properties make SBS ideal for usage in applications, such as road pavement, plastic modification, adhesives, and footwear.
  • Owing to the huge footwear manufacturing industry, China accounts for over 45% of the total SBS produced, around the world.
  • India and Thailand are other key footwear markets in the region, where the demand for SBC is expected to witness positive growth.