Understanding Impact of COVID-19 on Alpha Methyl Styrene Market

Alpha Methyl Styrene Market: Introduction
Alpha methyl styrene, also known as isopropenyl benzene, is an inorganic compound. It is a colorless liquid that emits sharp odor. Alpha methyl styrene is used as co-monomer in numerous polymerization processes in order to improve the heat and impact resistance of products. Alpha methyl styrene is manufactured as a byproduct in the phenol manufacturing process of cumene oxidation. Additionally, it undergoes purification by constant distillation at a reduced pressure in order to decrease phenol, cumene, and butyl benzene impurities. Alpha methyl styrene can be easily copolymerized with monomers such as benzene and acrylates. The price of alpha methyl styrene depends upon the price trends of benzene.

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Alpha methyl styrene is employed in a wide range of applications such as adhesives, plastics, and chemicals. It is utilized in the manufacture of resins, including acrylonitrile butadiene styrene, in the plastics industry. Additionally, alpha methyl styrene is used as a plastic additive. Furthermore, alpha methyl styrene is employed in the manufacture of perfumes, lubricating oils, and plasticizers.
Key Drivers of Global Alpha Methyl Styrene Market
Increase in adoption of alpha methyl styrene in protective gear and automotive manufacturing applications is a major factor estimated to drive the global alpha methyl styrene market during the forecast period. Additionally, rise in demand for alpha methyl styrene in the chemicals industry, where alpha methyl styrene is utilized as an intermediate, is projected to boost the alpha methyl styrene market in the near future.

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Rise in demand for plasticizers, wax, coatings, and adhesives in the automotive industry is a key factor propelling the global alpha methyl styrene market. Furthermore, growth in demand for acrylonitrile butadiene styrene (ABS) resins owing to constant expansion in the automotive and electronics sectors is augmenting the demand for alpha methyl styrene. Increase in investments by key manufacturers in order to enhance the manufacturing process is another factor anticipated to boost the global alpha methyl styrene market during the forecast period.
Its incompatibility with strong oxidizing agents such as copper, mercury, and alkaline pesticides is a prominent factor expected to hamper the global alpha methyl styrene market during the forecast period

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Rise in Demand for Alpha Methyl Styrene in Resin Manufacturing
Based on purity, the global alpha methyl styrene market can be bifurcated into 99%. In terms of revenue, the

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