Highlights
China’s PS supply rose dramatically in 2023 due to the concentrated release of new capacity. The new capacity came onstream concentratedly from January to July 2023, presenting an increase of more than 27%. However, the pace progressively dropped in H2, 2023. China’s domestic supply steadily increased, while the recovery of end demand was flat. The supply and demand pressure in the PS industry gradually escalated, but the profitability of enterprises declined. As a result, the capacity utilization rate fell further year on year. The overall imbalance between supply and demand in the industrial chain intensified, and market prices also showed a volatile downward trend. The industry competition pressure continued to escalate. The macroeconomic situation will remain severe in 2024. PS capacity expansion is still advancing, so industry supply pressure is gradually increasing. Can end demand be effectively increased? Can new domestic PS projects go into production as scheduled? With the expected rapid increase in domestic PS supply, how much room will there be for export demand to increase? How will the feedstock styrene industry perform in 2024 after falling back from its high level? In the context of the prominent contradiction between supply and demand, how do the cost side and the supply and demand side play a guiding role in PS prices? With many questions, the SCI PS Market Annual Report provides a comprehensive and detailed data analysis to sort out the new changes and characteristics of the industry landscape and predict the future development trend of the industry. It starts with products and extends to the upstream and downstream of the industry. While conducting a detailed review and summary of history, it interprets and analyzes changes in the industry in the next three years to provide customers with a strong basis for judging the market.
Report value
1. To explore the strong logic affecting price operation based on industrial chain linkage analysis
2. Facing declining profitability, whether PS companies’ self-regulation ability will improve or not
3. To deeply dig into changes in PS supply and demand patterns with detailed data support
4. Detailed and accurate supply and demand forecast data to facilitate the study and judgment for future PS industry
Contents
Part 1 PS Market Overview
Part 2 2019-2023 PS Supply-Demand Balance Analysis
Part 3 PS Supply Pattern and Change Trend Analysis
3.1 Global PS Capacity Analysis
3.2 2019-2023 China PS Capacity Change Analysis
3.2.1 China PS Capacity Development Trend Analysis
3.2.1.1 PS Capacity Development Trend Analysis
3.2.1.2 PS Capacity Concentration Rate Analysis
3.2.1.3 PS Existing Capacity Technology Structure Analysis
3.2.1.4 PS Existing Capacity
3.2.1.5 PS Capacity Analysis by Enterprise Nature
3.2.2 China PS Capacity Regional Distribution Analysis
3.2.2.1 PS Regional Capacity Analysis
3.2.2.2 PS Costal Capacity Analysis
3.2.3 2023 China PS Resource Flow Analysis
3.2.3.1 China PS Main Production Area and Output
3.2.3.2 China PS Resource Flow Feature and Influence
3.2.4 2024-2028 China Newly Added Capacity
3.2.4.1 2024-2028 China PS Capacity Forecast
3.2.4.2 2024 New Capacity Research
3.3 2019-2023 China PS Output Change Analysis
3.3.1 2019-2023 China PS Output
3.3.1.1 China PS Annual Output Change Trend and Capacity Utilization Rate
3.3.1.2 China PS Annual Output Change by Region
3.3.2 2023 China PS Production Feature and Reason
3.3.2.1 2023 PS Monthly Output Change Feature and Influence
3.3.2.2 2023 PS Production High-Frequency Data Feature
3.4 2019-2023 China PS Import Market Analysis
3.4.1 2019-2023 China PS Import Data Analysis
3.4.1.1 China PS Import Volume Trend Analysis
3.4.1.2 China PS Import Structure Analysis by Trade Partner
3.4.1.3 China PS Import Structure Analysis by Place of Receipt and Trade Mode
3.4.2 2023 China PS Import Volume Change Analysis
3.4.2.1 PS Monthly Import Volume and Feature Analysis
3.4.2.2 2023 PS Imports’ Impact on China’s Total Supply
3.5 2023 PS Inventory Change Analysis
3.5.1 PS Inventory Index Change and Trend Analysis
3.5.2 Analysis of the Relationship Between Inventory Change and Price
3.6 PS Warehouse Logistics Status Analysis
3.7 2024 China PS Supply Forecast
3.7.1 2024-2028 Total Supply Forecast
3.7.2 2024 Monthly Supply Forecast and Impact Forecast on Price
Part 4 PS Demand Pattern and Change Trend Analysis
4.1 2019-2023 China PS Consumption Volume Change Trend Analysis
4.1.1 China PS Consumption Volume Change and Trend
4.1.2 China PS Main Downstream Industry Demand Change and Characteristics Analysis
4.1.3 China PS Downstream Industry Distribution and Regional Consumption Structure
4.2 2023 PS End Industry Development Analysis
4.2.1 Home Appliance Industry Analysis
4.2.2 Building Industry Analysis
4.2.3 Packaging Container Industry Analysis
4.2.4 Daily Necessities Industry Analysis
4.3 2019-2023 China PS Export Market Analysis
4.3.1 2019-2023 China Export Data Analysis
4.3.1.1 China PS Export Volume Trend Analysis
4.3.1.2 2023 China PS Export Structure Analysis by Trade Partner
4.3.2 2023 China PS Export Volume Change Analysis
4.3.2.1 PS Monthly Export volume and Feature Analysis
4.3.2.2 2023 PS Exports’ Impacts on China’s Total Demand
4.4 2024-2028 PS Downstream Industry Consumption Forecast
4.5 2024-2028 PS Consumption Volume Forecast
4.5.1 China PS Consumption Volume Change Trend Analysis
4.5.2 PS Export Volume Change Trend Analysis
4.6 PS Demand Peak and Slack Season Analysis
4.6.1 PS Demand Peak and Slack Season Feature Analysis
4.6.2 PS Demand Peak and Slack Season from Price Perspective
4.7 Downstream Procurement Key Factors Analysis
4.8 Operation Risk and Barrier Analysis
Part 5 China PS Price Trend Analysis
5.1 International PS Market Price Analysis
5.2 2019-2023 China PS Market Price Analysis
5.2.1 PS Price Change Feature
5.2.1.1 General Rrice Trend Feature Analysis
5.2.1.2 Main Regional Price Feature Analysis
5.2.2 2023 Annual PS Price Trend Seasonal Characteristics
5.3 Related Product Price Co-Movement Analysis
5.3.1 PS and Main Feedstock Styrene Price Co-Movement Analysis
5.3.2 PS and Related Product Price Co-Movement Analysis
5.4 PS Cost and Profit Analysis
5.4.1 PS Cost Structure and Feature Analysis
5.4.1.1 PS Cost Composition and Change Analysis
5.4.1.2 Regional Cost Difference Analysis
5.4.2 PS Profit Change and Impact Analysis
5.4.2.1 PS Profit Trend and Feature Analysis
5.4.2.2 Impact of Profit Change on Producers’ Production
Part 6 PS Industry Outlook
6.1 2024-2026 PS Price Forecast
6.2 PS Price Driver Development Trend Forecast
6.2.1 Marco Economy’s Influence on PS Market
6.2.2 Industrial Policy’s Influence on PS Market
6.2.3 2024-2028 China PS Supply and Demand Balance Forecast
6.2.3.1 2024-2028 China PS Supply and Demand Balance Trend and Feature Forecast
6.2.3.2 2024 Supply and Demand Balance Forecast
6.2.4 PS Market Competition Pattern Analysis
6.2.4.1 2024-2028 Global PS Trade Flow Forecast
6.2.4.2 2024-2028 China PS Trade Flow Forecast
6.2.4.3 SCI Monitoring Enterprise Business Trend Analysis
6.2.5 Value Chain Analysis and Forecast
6.2.6 Related Product Price Co-Movement Analysis and Forecast
6.3 Impact of Main Driver on 2024 PS Price
Appendix 1 PS Industry Highlights
Appendix 2 Methodology and Related Definition
Appendix 3 Tables, Charts and Enterprises
Appendix 4 Related Annual Reports
2022-2023 China Styrene Market Annual Report
2022-2023 China ABS Market Annual Report
Legal Statement