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Alpha Methyl Styrene Market Share 2018:Ineos, Honeywell, Cespa, SANORS, Novapex, United Petrochemical Company, Mitsubishi Chemical, Taiwan Prosperity Company, Axiall, Solway, Rhodia and DOMO Chemicals

Alpha Methyl Styrene Market

Alpha Methyl Styrene Market

Alpha Methyl Styrene Market size shall witness a healthy growth in forecast period with application in adhesives, resins, and chemical intermediates. These are extensively used for production of acrylonitrile butadiene styrene (ABS) resins. ABS market is growing at a CAGR of around 4.5% owing to its application in automotive and protective equipment that has increased product usage. Further, its production output will increase with processes like involvement of dehydrogenation in FSU. These factors are expected to propel alpha methyl styrene market.

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Alpha methyl styrene (AMS) or isopropyl benzene is colourless liquid having sharp odour and used as co monomer in various polymerisation processes to improve impact and heat resistance of products. These are produced as by product in phenol production process of cumene oxidation. It undergoes purification by continuous distillation at reduced pressure to decrease cumene, phenol and butyl benzene impurities. To enhance cost efficiency of the process, companies like UOP and Kellogg recycle it by hydrogenation.

It can easily be copolymerized with monomers like acrylates and benzene. Its pricing depends on benzene price trends.Major restraint for alpha methyl styrene market is its incompatibility with strong oxidising agents such as mercury, copper and alkaline pesticides. It can cause some health issues like irritation in eyes, skin and throat. These can lead to environmental pollution as on burning it releases toxic gases and vapours like carbon monoxide that increases greenhouse gases. Further it is highly flammable and vapours form explosive mixture with air.

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Based on application, alpha methyl styrene market is segmented into ABS manufacturing, plastic additive, adhesives, plasticizers, chemical intermediate and others. These are primarily used for production of ABS resins to impart heat distortion property. ABS has major share and accounts for around one third of its demand. It finds application in diverse products like lubricating oils, drying oils, antioxidants and perfumes.

Asia Pacific has healthy growth rate in alpha methyl styrene market owing to its use in plastic adhesive industry. Further, market is expected to increase with growing packaging industry. Middle East and Africa is at a nascent stage and depicts moderate growth with its use in super plasticizers for high end constructions and skyscrapers like Burj Khalifa and Burj Al Arab. Prevailing construction industry has augmented its use.


Prominent players of alpha methyl styrene market are Ineos, Honeywell, Cespa, SANORS, Novapex, United Petrochemical Company, Mitsubishi Chemical, Taiwan Prosperity Company, Axiall, Solway, Rhodia and DOMO Chemicals to name a few. Companies are adopting merger and acquisition strategy to enhance their share. Ineos has acquired 50% share of BASF in Styrolutin and increased its production of alpha methyl styrene by constructing new plant at Altamira, Mexico.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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