Global Styrene Industry Outlook to 2023 - Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants
Global styrene capacity is expected to experience considerable growth over the next five years from around 35 mtpa in 2018 to more than 44 mtpa by 2023. More than 20 planned and announced styrene plants are expected to come online, primarily in Asia, Africa and South America, over the next five years. Zhejiang Rongsheng Holding Group Co Ltd, Hengli Petrochemical (Dalian) Co Ltd and Indian Oil Corp Ltd are the top three companies in terms of planned and announced capacity additions during the outlook period.
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