Styrene acrylonitrile
resin (SAN) demand in India stood at 119 KTPA in 2018 and is projected to grow at
a CAGR of 8.41% during 2019-2030. Rising urban middle class population and increasing
disposable income is resulting in high demand for passenger vehicles and
consumer goods, thereby propelling the demand for SAN in the country. Extensive
use of plastic parts in automotive, electronics and medical industries is
boosting demand for SAN, owing to properties such as resistance to water,
toughness, heat resistance and electrical insulation. Enhanced properties of
SAN such as good
chemical resistance, high rigidity &
dimensional stability and greater hygiene & safety benefits are driving its
application in electronic lenses, marine instruments, autoclavable
devices and personal care products.
Years Considered for this Report:
Historical Years: 2013 – 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 – 2030
Objective of the Study:
- The
primary objective of the study was to evaluate and forecast SAN capacity, production, demand, inventory, and demand – supply
gap in India.
- To categorize SAN demand based on end use, region and sales channel.
- To study
trade dynamics and company share in India SAN market.
- To
identify major customers in India SAN market.
- To
evaluate and forecast SAN pricing in India.
- To
identify and profile major companies operating in India
SAN market.
- To identify trending news, deals and expansion
plans in India SAN market.
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Some of the major players operating in India SAN market
are INEOS Styrolution India Limited, Bhansali Engineering Polymers Limited, LG
Chem, Daicel Polymer Limited, etc.
To extract data for India SAN market,
primary research surveys were conducted with SAN manufacturers, suppliers,
distributors, wholesalers and end users. While interviewing, the respondents
were also inquired about their competitors. Through this technique, TechSci
Research was able to include manufacturers that could not be identified due to
the limitations of secondary research. Moreover, TechSci Research analyzed
various end user segments and projected a positive outlook for India SAN market
over the coming years.
TechSci Research calculated SAN
demand in India by analyzing the historical data and demand forecast was
carried out considering growth in end use industries. TechSci Research sourced
these values from industry experts and company representatives and externally
validated through analyzing historical
sales data of respective manufacturers to arrive at the overall market size.
Various secondary sources such as company websites, association reports, annual
reports, etc., were also studied by TechSci Research.
Key
Target Audience:
- SAN manufacturers and other stakeholders
- Organizations, forums and alliances related to
SAN distribution
- Government bodies such as regulating
authorities and policy makers
- Market research organizations and consulting
companies
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders, such as SAN manufacturers, distributors
and policy makers. The report also provides useful insights about which market
segments should be targeted over the coming years to strategize investments and
capitalize on growth opportunities.
Report Scope:
In this report, India SAN market has been segmented into
following categories:
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs.
In case you can’t find what, you are looking for
then please get in touch with our custom research team at sales@techsciresearch.com