70 likes | 79 Views
Alpha-Methylstyrene Market by Application(ABS, Para-Cumylphenol, Adhesives & Coatings, Waxes), Purity(Assay above 99.5% and Between 95% to 99.5%), Region(Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2024<br>
E N D
Alpha-MethylstyreneMarket by Application(ABS, Para-Cumylphenol, Adhesives & Coatings, Waxes), Purity(Assay above 99.5% and Between 95% to 99.5%), Region(Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2024 Speak To Analyst
The alpha-methylstyrene market is projected to grow from USD 473 million in 2019 to USD 543 million by 2024, at a CAGR of 2.8% from 2019 to 2024. Surging demand for Acrylonitrile Butadiene Styrene (ABS) from the automotive and electronic appliances industries is fueling the growth of the market across the globe. Increasing demand for consumer goods from emerging economies acts as an opportunity for the growth of the alpha-methylstyrene market, worldwide.
Based on application, the ABS segment of the alpha-methylstyrene market is projected to grow at the highest CAGR in terms of both, value and volume from 2019 to 2024. Based on application, the ABS segment of the market is projected to grow at the highest CAGR during the forecast period in terms of both, value and volume. Alpha-methylstyrene is primarily used in the production of ABS as it improves the heat stability and impact resistance of ABS resins. Increased demand for ABS resins from various end-use industries such as automotive and electronic appliances is driving the growth of the ABS segment of the alpha-methylstyrene market across the globe. REQUEST BUNDLE REPORTS
Based on purity, the assay above 99.5% segment of the alpha-methylstyrene market is projected to grow at a higher CAGR than the between 95% to 99.5% segment from 2019 to 2024 in terms of both, value and volume. Based on purity, the alpha-methylstyrene market has been segmented into assay above 99.5% and between 95% and 99.5%. The assay above 99.5% segment is projected to lead the market during the forecast period in terms of both, value and volume. This segment is also projected to grow at a higher CAGR than the between 95% to 99.5% segment from 2019 to 2024 in terms of both, value and volume. The global industrial standard for the purity of alpha-methylstyrene is 98.5%.
Key Market Players • INEOS Group Holding S.A. (Switzerland) • AdvanSix (US) • Rosneft (Russia) • Altivia Corp. (US) • SI Group Inc. (US) • DOMO Chemicals (Belgium) • Kumho P&B Chemicals (South Korea) • Taiwan Prosperity Chemical Corp. (Taiwan) • Yangzhou Lida Chemicals (China) • Mitsubishi Chemical Corporation (Japan) • Solvay SA (Belgium) • Mitsui Chemicals, Inc. (Japan) Download PDF Brochure
Key Questions Addressed by the Report • How developments undertaken by various companies are expected to affect the alpha-methylstyrene market in the mid- to long-term? • What are the upcoming industry applications of alpha-methylstyrene? • What is the impact of changes in government policies on the alpha-methylstyrene market? • What is the estimated size of the alpha-methylstyrene market in 2019? • What are the different applications of alpha-methylstyrene? GET 10% FREE CUSTOMIZATION ON THIS REPORT !!!
Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com