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Styrene is a petrochemical derived from ethylene and benzene. It is used to produce a variety of products, including polystyrene, styrene-butadiene rubber, and styrene-acrylonitrile copolymers. It is also used as an intermediate in the production of other chemicals, such as styrene oxide and acrylonitrile.
Styrene is a versatile material with a wide range of applications, from packaging and insulation to automotive and construction materials. It is also used in the production of adhesives, coatings, and other specialty products. Demand for styrene is driven by the growth of the global economy and the increasing demand for consumer goods.
The styrene market is highly competitive, with a number of large players operating in the space. Major producers include ExxonMobil, Shell, BASF, Dow, and SABIC. Other companies in the market include LyondellBasell, INEOS, and Total. Show Less Read more