Alpha Methyl Styrene Market Detailed Analytical Overview by 2026

PRESS RELEASE
Published March 1, 2023

Global industry analysis

The Alpha Methyl Styrene market is one of the fastest-growing markets in the world today. Due to its enormous potential for further growth and development, it has attracted large-scale investments from numerous global companies and investors.

The chemical formula for alpha-methylstyrene (CAS # 98-83-0) is C6H5C(CH3)CH2. Also called isopropenylbenzene. This chemical molecule is clear, colorless, and has a strong odor. This substance is formed by the partial oxidation of cumene and is a by-product of the cumene-phenol process that converts benzene to phenol and acetone.

Alpha-methylstyrene production capacity and total phenol production capacity are very closely linked worldwide. Alpha-methylstyrene is used in many forms in many industries including plastics, adhesives and chemicals. Alpha-methyl styrene is used in the plastics industry to make resins such as ABS or acrylonitrile butadiene styrene.

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When used to make ABS resin, Alpha-methyl styrene imparts a relatively high thermal stability to the resin and therefore a relatively high impact strength compared to that obtained using styrene. Alpha-methylstyrene is also used as a plastic additive. Alpha-methylstyrene is also used in the production of lubricants, perfumes, and plasticizers.

Alpha-Methylstyrene Market: Drivers and Restraints

The global alpha-methylstyrene market is expected to register steady single-digit growth over the forecast period. The increase in alpha-methylstyrene consumption is expected to be primarily driven by growing demand from emerging economies such as China and India.

Alpha-methyl styrene is predominantly used in the manufacture of ABS resins as increasing demand from end-use industries is expected to drive the growth of the global alpha-methyl styrene market during the forecast period.

Additionally, increasing demand from the chemical industry that uses alpha-methylstyrene as an intermediate is expected to propel the growth of the global alpha-methylstyrene market over the forecast period. However, relatively weak economic growth in major markets worldwide during the forecast period is expected to hamper the growth of the global alpha-methylstyrene market over the same period.

Alpha-Methylstyrene Market: Segmentation

Based on application of alpha-methyl styrene, the global alpha-methyl styrene market can be segmented into the following major market segments:

  • ABS structure
  • plastic additives
  • glue
  • chemical intermediate
  • Other

Among the above application-based segments, the ABS manufacturing segment is expected to account for a prominent share of the total alpha-methylstyrene market size during the forecast period.

Alpha-Methylstyrene Market: Regional Outlook

On the basis of geography, the global alpha-methylstyrene market is segmented into seven major market segments: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Of these, Asia Pacific accounted for a significant portion of total alpha-methylstyrene consumption worldwide in 2014.  The APAC region is expected to witness a steady increase in consumption over the forecast period.

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Alpha-Methylstyrene Market: Key Players

Some of the key players in the global Alpha Methyl Styrene market include:

  • Solvay SA (Rhodia)
  • Ineos
  • United Petrochemical Company
  • Honeywell International
  • JA group

The research report represents a comprehensive assessment of the market and contains detailed information, facts, historical data as well as statistically supported and industry-validated market data. It also includes projections using appropriate assumptions and methods. The research report provides analysis and information by market segments such as geography and end-use industry.

This report includes a comprehensive analysis of:

  • market segment
  • market dynamics
  • market size
  • supply and demand
  • Current Trends/Issues/Challenges
  • competition and related companies
  • Technology
  • value chain

Regional analysis includes:

  • North America (USA, Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, UK, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia and New Zealand)
  • japan
  • Middle East and Africa (GCC, S.Africa, N.Africa)

This report is a compilation of first-hand information from industry analysts, qualitative and quantitative assessments, and input from industry experts and industry participants across the value chain. The report provides an in-depth analysis of key market trends, macroeconomic indicators and driving factors, and segment-based market attractiveness. The report also maps the qualitative impact of various market factors across market segments and geographies.

Report highlights:

  • A detailed overview of the top markets
  • Changed market dynamics of the industry.
  • deep market segmentation
  • Historical, current and forecast market size in terms of volume and value
  • Current industry trends and developments
  • competitive landscape
  • Strategies of major players and products provided
  • Potential and niche segments, promising areas for growth
  • A neutral view of market performance
  • Essential information for market participants to maintain and improve their market position

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