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Top 7 manufacturers in Styrene Methyl Methacrylate (SMMA) Market

 

    Denka is a chemicals manufacturer involved in the production and distribution of a wide range of chemical products from inorganic and organic materials to electronic materials and processed resin products.  It is the largest manufacturer and market share is about 46% in 2020.

    INEOS Styrolution is the leading styrenics-based products supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. In 2017, its sales were at 5.3 billion euros. INEOS Styrolution employs approximately 3,300 people and operates 18 production sites in nine countries. It is the second manufacturer and its market share is about 24% in 2020.

    LG MMA manufactures and distributes PMMA for optical grade, general purpose, impact resistance, and bead grade applications; MAA for use in textile processing, leather technology, ion-exchange resin, cosmetic, oil-well drilling, paper industry, industrial-waste treatment, transportation, rubber industry, agriculture, and other applications; and methylmethacrylate (MMA) for PMMA, artificial marble, transparent ABS, casting sheet, MBS, SB-latex, adhesive, and paint applications. LG MMA Corp. was formerly known as Lucky MMA Corp. and changed its name to LG MMA Corp. in 1995. The company was founded in 1991 and is based in Seoul, South Korea. LG MMA Corp. operates as a subsidiary of LG Corp. It is the third manufacturer and its market share is about 6% in 2020.

    CHIMEI is a performance materials company that designs and manufactures advanced polymer materials, synthetic rubbers, and specialty chemicals. Its market share is about 6% in 2020.

    Supreme Petrochem Ltd (SPL) is the leader in Polystyrene business in the Indian market place with a share of more than 50%. SPL is also the largest exporter of PS from India, exporting to over 80 countries around the globe. Supreme Petrochem Ltd (SPL), owns and operates a state-of-the art Polystyrene facility, with an installed capacity of 272,000 TPA located at Nagothane in Raigad District. The facility also includes a world class colouring and compounding facility. Its market share is about 6% in 2020.

    Daicel Corp. engages in the manufacture and sale of chemical products. It operates through the following segments: Cellulosic Derivatives, Organic Chemicals, Plastics, Pyrotechnic Devices, and Others. The Cellulosic Derivatives segment engages in the production of various cellulosic derivatives such as cellulose acetate, acetate tow for cigarette filters, and water-soluble polymers. The Organic Chemicals segment offers various solvents and fine chemicals; acetic acid, and chiral columns used for separation of optical isomers. The Plastic segment develops unique products for numerous industrial sectors such as engineering plastics, polymer alloys and cyclic-olefin copolymers; and also develops a variety of plastic processed products such as polystyrene sheets, formed trays, and functional films. The Pyrotechnic Devices segment provides motor vehicle safety devices, airbag inflators, aerospace and defense systems. The Others segment includes membrane and warehousing business. Its market share is about 5% in 2020.

    Resirene have been serving the Mexican industry since 1978, from Baja California to Yucatán, across borders for more than 18 years. They have gradually increased their presence in EXPORT markets, currently serving more than 100 customers in 20 countries in North America, Latin America and Europe. The company is the largest Polystyrene resin producer in Mexico. They have focused their growth not only on their production capacity, but also on their development and sale capacities and abilities. They are technologically independent and have diversified their portfolio of plastic resins. In addition to General Purpose Polystyrene (GPPS) and High Impact Polystyrene (HIPS), they produce Styrene-Methyl Methacrylate (SMMA) copolymers, Thermoplastic Elastomers (S-TPE) and numerous Technical Compounds. RESIRENE’s position in the industry means privileged access to other petrochemicals markets, giving us a competitive advantage to serve another strategic group of customers with the distribution and sale of INDUSTRIAL CHEMICALS, mainly Monomers, Solvents and Binders, offering them to various customers and industries both in Mexico and Latin America. Its market share is about 4% in 2020.