Styrene Market is Projected to Grow at a CAGR of 3.84% by 2030
According to ChemAnalyst report, “ Styrene Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Styrene market witnessed a demand of around 16.46 million tons globally in 2020 and is anticipated to grow at a significant rate with a healthy CAGR of 3.84% until 2030 owing to its surging demand from the packaging industry. Read Full Report Here: https://www.chemanalyst.com/industry-report/styrene-market-650 Styrene is a colorless to pale yellowish in color and is flammable, highly volatile, oily liquid with a pleasant smell. Styrene is a derivative of Benzene and produced commercially by the alkylation of Benzene with Ethylene where Ethylbenzene is produced as an intermediate which is further dehydrogenated to form the chemical compound. The compound can also be produced by another method via Ethylbenzene Hyperoxide, in which it is produced as a coproduct by reacting