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Styrene Acrylonitrile (SAN) Market

Request for Sample report @ http://bit.ly/2IOGRy7 North American medical industry will be growing significantly during the forecast period. The product is widely used in medical & dental light diffusers and autoclave devices in medical industry. As per National Health Expenditure Accounts (NHEA), U.S. healthcare spending grew 3.9% in 2017, amounting to USD 3.5 trillion accounting for 17.9% of GDP. The per capita healthcare spending was USD 10,739 per person in the same year. Retail spending for medical products such as medical instruments, surgical dressings, etc. grew 2.2% to USD 64.1 billion in 2017. This shall positively influence styrene acrylonitrile (SAN) market demand in North America over the forecast period.

Request for Sample report @ http://bit.ly/2IOGRy7
North American medical industry will be growing significantly during the forecast period. The product is widely used in medical & dental light diffusers and autoclave devices in medical industry. As per National Health Expenditure Accounts (NHEA), U.S. healthcare spending grew 3.9% in 2017, amounting to USD 3.5 trillion accounting for 17.9% of GDP. The per capita healthcare spending was USD 10,739 per person in the same year. Retail spending for medical products such as medical instruments, surgical dressings, etc. grew 2.2% to USD 64.1 billion in 2017. This shall positively influence styrene acrylonitrile (SAN) market demand in North America over the forecast period.

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Asia Pacific is likely to expand at a significant CAGR in the global styrene acrylonitrile<br />

market. Asian markets are a major revenue source for cosmetic companies. India,<br />

Japan, South Korea, Indonesia, Malaysia and China are important cosmetics markets.<br />

South Korea is a prominent cosmetics market as women on an average use 13 beauty<br />

products daily. Men also have a fair share in cosmetic spending in this country, with<br />

sales accounting for face care creams and skin lightening lotions. Presence of big<br />

brands such as Estee Lauder, L’Oréal and Procter & Gamble, Co. in Asian countries<br />

will drive cosmetics market significantly, which will positively influence product demand<br />

over the forecast period.<br />

North American medical industry will be growing significantly during the forecast<br />

period. The product is widely used in medical & dental light diffusers and autoclave<br />

devices in medical industry. As per National Health Expenditure Accounts (NHEA),<br />

U.S. healthcare spending grew 3.9% in 2017, amounting to USD 3.5 trillion accounting<br />

for 17.9% of GDP. The per capita healthcare spending was USD 10,739 per person in<br />

the same year. Retail spending for medical products such as medical instruments,<br />

surgical dressings, etc. grew 2.2% to USD 64.1 billion in 2017. This shall positively<br />

influence styrene acrylonitrile (<strong>SAN</strong>) market demand in North America over the<br />

forecast period.<br />

The industry has presence of some of prominent polymer manufacturers including<br />

BASF, SABIC Innovative Plastics, Toray Industries, Trinseo, Blackwell Plastics, LG<br />

Chem, RTP Company, China National Petroleum, Hardie Polymers and Inseo. Many<br />

small and medium sized companies are functional in this industry. Local presence<br />

gives an edge to these small sized companies over large multi-national players.<br />

Expanding the application scope of the product i.e., widening product usage in various<br />

other consumer goods are general agendas of the company to promote their products<br />

among buyers.<br />

By Application, 2014-2025 (Tons) (USD Million)<br />

• Consumer goods<br />

• Medical devices<br />

• Cosmetics<br />

• Others<br />

The above information has been provided for the following regions and countries:<br />

o<br />

o<br />

North America<br />

• U.S.<br />

• Canada<br />

Europe<br />

• UK<br />

• Germany<br />

• France<br />

• Italy<br />

2 | P a g e

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