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Ethylbenzene Market Price,2015 – 2021

09-24-2016 08:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: zion market research

Zion Research has published a new report titled “Ethyl benzene Market for Plastic, Electronics, Paints & Coatings, Agriculture, Rubber and Other End-user Industries: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021.” According to the report, the global ethyl benzene market was around 28,125.2 kilo tons in 2015. The global ethyl benzene market revenue accounted for USD 18.28 billion in 2015 and is expected to reach USD 23.31 billion by 2021, growing at a CAGR of around 4.2% between 2016 and 2021.

The global ethyl benzene market is expected to witness moderate growth over the forecast period on account of increasing demand from plastic industry. Ethyl benzene plays an important role in the manufacture of styrene. Increasing population and corresponding food demand with limited cultivable land is expected to enhance agricultural and pesticides industries. Rising demand for ethyl benzene from natural gas extraction application sector is another key factor expected to fuel the market growth within the forecast period. Ethyl benzene is used as an additive in gasoline, which growing popularity as an anti-knocking agent. High octane rating of ethyl benzene leads most efficient fuel additives globally. Short term (acute) toxicity of ethyl benzene is low. However, long-term exposure to ethyl benzene negatively affects the human body; as a result of it governments have set stringent regulations to control ethyl benzene applications. This is expected to curb the growth of ethyl benzene market over the years.

Request for sample report visit at http://www.zionmarketresearch.com/sample/ethyl-benzene-market

Styrene production dominated the global ethyl benzene market of total volume consumption in 2014. Almost all the ethyl benzene manufactured is used in styrene production which is used polymer production for acrylonitrile-butadiene-styrene (ABS) and styrene-acrylonitrile (SAN) resins, polystyrene, styrene-butadiene elastomers and latexes, and unsaturated polyester resins. Besides this ethyl benzene is used as a solvent and, or in the production of ethyl anthraquinone diethylbenzene, and acetophenone.

Get in-depth TOC (Table of Contents) with Tables and Figures @ http://www.zionmarketresearch.com/toc/ethyl-benzene-market

End-user industry plastic was the largest consumer of ethyl benzene in 2015. Stryene derived from ethyl benzene is used in the manufacturing of rigid food service containers, CD cases, appliance housings, envelope windows and many other products. Supplement and functional food is another key outlet of ethyl benzene market.

Inquire more before buying this report @ http://www.zionmarketresearch.com/inquiry/ethyl-benzene-market

In terms of geography, Asia-Pacific was largest consumer of ethyl benzene in 2015. Asia Pacific region accounted for than 45% share of global ethyl benzene market. China and South Korea were the major consumers of ethyl benzene in Asia-Pacific in 2015. China is the largest consumer and producer of ethyl benzene. Ethyl benzene demand is increasing in nations such as Korea, Japan and China. Industrial expansion of Brazil from Latin American region is expected to increase the demand for ethyl benzene over the forecast period.

Browse the full report at http://www.zionmarketresearch.com/report/ethyl-benzene-market

Some of the key players of the market include, BASF SE, BP PLC, The Dow chemical company, CPCC, CNPC, TOTAL S.A, SABIC, Exxon Mobil Corp, Jx Nippon Oil and Energy group, Royal Dutch Shell Plc, Qufu Xindi Chemical Research Limited Company, Tianjin Jixin Industrial & Trade Co., Ltd., Zhejiang Weishi Biotechnology Co., Ltd., and others.

This report segments the global ethyl benzene market as follows:

Global Ethyl Benzene Market: End-user Segment Analysis

Plastic
Electronics
Paints & Coatings
Agriculture
Rubber
Others
Global Ethyl Benzene Market: Regional Segment Analysis

North America
U.S.
Europe
Germany
UK
France
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

About Us

Zion Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Market Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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