DUBLIN – (COMMERCIAL THREAD)–The “Alpha-Methylstyrene Market Size, Share and Analysis, by Purity, by End-Use Market, by Applications and by Region, Forecast to 2028” the report was added to ResearchAndMarkets.com offer.
The global alpha-methylstyrene market size is expected to reach USD 591.3 million in 2028 and register a CAGR of 2.5% during the forecast period.
The increasing consumption of alpha-methylstyrene for the production of automobiles and protective equipment is a key factor in the growth of market revenues.
Increase investment and concentration of major players to improve the manufacturing process and increase production capacity.
The increasing adoption of alpha-methylstyrene as an intermediate in the chemical industry and for the manufacture of waxes, plasticizers, adhesives, coatings, etc. are major factors in the growth of the market.
Increasing consumption of acrylonitrile butadiene styrene resins in electronics and automotive industries is driving the use of alpha-methylstyrene to manufacture resins, which is another major factor that is expected to drive the growth of the global alpha-methyl market. methylstyrene.
Another key factor is the growing use of alpha-methylstyrene by industries involved in manufacturing durable and heat-resistant products such as consumer goods, which are trendy and top-selling among consumers. which is driving the growth of the global alpha-methylstyrene market.
During the manufacture of alpha-methylstyrene, it releases harmful smoke, which can cause irritation to the throat and nose and possibly affect brain activities. This smoke can also lead to cancer in animals, according to new studies. These factors could hamper the growth of the global alpha-methylstyrene market to some extent.
Some key findings from the report:
Among the purity segments, the assay segment above 99% accounted for the largest revenue share in 2020. The assay segment up to 99% is expected to register the highest revenue growth rate during the year. forecast period.
Among the application segments, the acrylonitrile butadiene styrene (ABS) resins segment accounted for the largest revenue share in 2020. The waxes segment is expected to register a robust revenue CAGR during the forecast period. The P-Cumylphenol segment is expected to follow the waxes segment in terms of revenue growth rate during the forecast period.
Among the end-use segments, the plastic manufacturing segment accounted for the largest revenue share in 2020. The adhesives and coatings segment accounted for a significantly high revenue share in 2020. Adhesives and processing Sticky coatings need alpha-methylstyrene as a reactive co-monomer diluent. . The rapidly growing demand for various types of adhesives and coatings is expected to drive the use of alpha-methylstyrene, which in turn is expected to drive revenue growth in this segment.
The Asia-Pacific alpha-methylstyrene market accounted for a significant revenue share in 2020 and is expected to continue to dominate during the forecast period. The Asia-Pacific market is expected to be followed by the European market in terms of contributing to the revenue share in the global market.
Market players have adopted various strategies including mergers, acquisitions, partnerships and new product developments, among other strategies, to stay ahead of the competition and expand their footprint in the market.
Main topics covered:
Chapter 1. Market synopsis
1.1. Market definition
1.2. Scope and premise of the research
1.4. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2020 – 2028
Chapter 3. Indicative measures
Chapter 4. Alpha-Methylstyrene Market Segmentation and Impact Analysis
4.1. Alpha-Methylstyrene Market Materials Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of market indicators
4.2.2. Market Driver Analysis
126.96.36.199. Growing demand for acrylonitrile butadiene styrene (ABS) resins
188.8.131.52. Strong growth in the specialty chemicals sector
184.108.40.206. Strong demand for alpha-methylstyrene in consumer goods and home appliances
4.2.3. Analysis of market constraints
220.127.116.11. The manufacturing process includes the emission of toxic waste
18.104.22.168. Fluctuations in commodity prices
4.3. Technological insights
4.4. Regulatory framework
4.5. ETOP analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive metric space analysis
4.8. Price trend analysis
Chapter 5. Alpha-Methylstyrene Market by Purity Insights & Trends
5.1. Purity dynamics and market share, 2021 and 2028
5.2. Dosage greater than 99%
5.3. Dosage up to 99%
Chapter 6. Alpha-Methylstyrene Market by End Use Market Overview and Trends
6.1. End-user market dynamics and market share, 2021 and 2028
6.2. Plastic manufacturing
6.3. Textile industry
6.4. Home decoration
6.5. Polish and dye
6.6. Automotive equipment
6.7. Water treatment
6.8. Food additives
6.9. Paper molding
6.10. Adhesives and coatings
Chapter 7. Alpha-Methylstyrene Market by Applications Insights and Trends
7.1. Type of applications Dynamics and market share, 2021 and 2028
7.2. Acrylonitrile Butadiene Styrene (ABS) resin
7.4. Acrylic Resins
Chapter 8. Regional Outlook of Alpha-Methylstyrene Market
8.1. Alpha-Methylstyrene Market Share by Region, 2021 and 2028
Chapter 9. Competitive landscape
9.1. Market revenue share by manufacturers
9.2. Analysis of the distribution of manufacturing costs
9.3. Mergers and Acquisitions
9.4. Positioning in the market
9.5. Comparative analysis of the strategy
9.6. Supplier landscape
Chapter 10. Company Profiles
Mitsubishi Chemical Holdings Corporation
Mitsui Chemicals Inc.
Taiwan Prosperity Chemical Corp.
INEOS Group Holdings SA
Yangzhou Lida Chemical Co. Ltd.
For more information on this report, visit https://www.researchandmarkets.com/r/8zh5dt