Alpha Methyl Styrene Market Revenue, Industry Growing Demand, Size, Share and Forecast - 2027

The Alpha Methyl Styrene Market is projected to grow from USD 473 million in 2019 to USD 543 million by 2027, at a CAGR of 2% from 2021 to 2027.

Alpha Methyl Styrene (CAS Number: 98-83-9) is an organic compound with the molecular formula C6H5C(CH3)CH2. Also called isopropenyl benzene. This clear, colorless organic compound is characterized by a sharp odor. This chemical is obtained by the partial oxidation of cumene and is a by-product of the cumene-phenol process, in which phenol and acetone are synthesized from benzene. Global capacity for alpha-methyl styrene production is closely related to overall global phenol manufacturing capacity. Alpha methyl styrene finds numerous applications in a variety of industries including plastics, adhesives, and chemicals. In the plastics industry, alpha-methyl styrene is used to make resins such as ABS – Acrylonitrile Butadiene Styrene. Alpha methyl styrene, used in the manufacture of ABS resins, provides relatively high thermal stability and therefore has a relatively high impact strength on the resin compared to those obtained using styrene.

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Market Segments

Based on Application
• Acrylonitrile Butadiene Styrene (ABS)
• Para-cumyl phenol
• Adhesives & Coatings
• Waxes
• Others

Based on Purity
• Assay above 99.5%
• Between 95% to 99.5%

Key Players
• Solvay SA
• Rosneft
• AdvanSix Inc.
• Cepsa
• INEOS Group Holdings S.A.
• Kumho Petrochemical Co., Ltd.
• Mitsubishi Chemical Holdings Corporation
• Mitsui Chemicals, Inc.
• Versalis SPA

Scope of the Report

The research study analyzes the global Alpha Methyl Styrene industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Alpha Methyl Styrene Market Report

1. What was the Alpha Methyl Styrene Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Alpha Methyl Styrene Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Alpha Methyl Styrene Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the global Alpha Methyl Styrene market.
• The market share of the global Alpha Methyl Styrene market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Alpha Methyl Styrene market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Alpha Methyl Styrene market.

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This release was published on openPR.