Syndiotactic Polystyrene (or Syndiotactic Polystyrene, SPS) is a kind of crystal polystyrene engineering plastic which is different from normal polystyrene\'s in spatial structure. The structure of the product is regularly alternately spaced and it makes its properties different from normal polystyrene especially the resistance of heat and drug. Syndiotactic Polystyrene provides a good balance and competes well against other materials in a wide variety of applications.
The Global Production Scale of Syndiotactic Polystyrene is small. Idemitsu Kosan and LG Chem are the only two manufacturers of pure Syndiotactic Polystyrene in the world now.

The Syndiotactic Polystyrene is used by adding other materials such as glass fiber to enhance its property. Both Idemitsu and LG Chem supply SPS compound in the world. Idemitsu has SPS compounds plants in Japan, China, the US and Germany and supplies the product with the brand name XAREC. LG Chem has SPS compound plant in South Korea. LG Chem supplies the products with the brand name LUSEP.

Idemitsu is the first company in the world to launch commercial production of the Syndiotactic Polystyrene and now Idemitsu is the world leader of the product in the world.

The entrance barrier of the Syndiotactic Polystyrene industry is the technology hurdle in the production of metallocene catalysts. Idemitsu, Dow Chemical and LG Chem are the few companies who have the technology of the production and application of the metallocene catalysts for the polymerization of Syndiotactic Polystyrene.

Global production of Syndiotactic Polystyrene is 8.92 K MT in 2015. Due to technical limitations, the development in Syndiotactic Polystyrene industry is slowly. In the future, we guess that the production will increase to 9.08 K MT by 2022.



The Global Syndiotactic Polystyrene Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.

As the report focuses on global Syndiotactic Polystyrene Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Styrolution
Sinopec
CNPC
FCFC
Lyondellbasell
Chevron Phillips
Ineos
Dow
Sabic
Cosmer
Shell
Idemitsu

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

LG Chem product
Idemitsu Kosan product
In Market segmentation by applications :

Automotive
Membrane
Food and Medical container
Electronic components

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Syndiotactic Polystyrene Market for the forecast period 2023 - 2030?
• What are the driving forces in the Syndiotactic Polystyrene Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Syndiotactic Polystyrene industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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