The alpha-methyl styrene market is expected to be growing at a growth rate of 6% in the forecast period of 2022 to 2032.
Alpha methyl styrene, commonly known as isopropenyl benzene, is an inorganic chemical that is a whitish liquid that is insoluble and has an aromatic odour. A by-product of the cumene-phenol production process is alpha methyl styrene. Alpha methyl styrene undergoes continuous distillation at low pressure to remove phenol, cumene, and other impurities in order to achieve high purity. To synthesise different monomers, such as benzene and acrylates, it is widely used as a copolymer. The production of protective gear and several other aspects of the automobile industry both heavily rely on alpha methyl styrene. Moreover, it is used as a precursor in the production of compounds like acrylonitrile butadiene styrene.
Alpha-methylstyrene market expansion is anticipated to be aided by rising demand for acrylonitrile butadiene styrene (ABS) resins from the expanding electronic or electrical appliance and automotive sectors. A few additional factors that are anticipated to fuel the growth of the alpha-methylstyrene market include the manufacturing sector’s rapid development, the rise in the demand for plasticizers, wax, coatings, and adhesives in the automotive industry, and the rising acceptance of alpha methyl styrene.
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The Alpha Methyl Styrene market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Alpha Methyl Styrene market. On the basis of historic growth analysis and current scenario of Alpha Methyl Styrene market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Alpha Methyl Styrene market. This further helps user with their developmental strategy.
This report examines all the key factors influencing growth of global Alpha Methyl Styrene market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Alpha Methyl Styrene market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Major Players
Taiwan Prosperity Chemical
DOMO Chemicals
Axiall
Ineos
SANORS
Honeywell
Novapex
United Petrochemical Company
Solvay
Cepsa
Types
Purity:95%
Purity:90%
Applications
Coating
Plasticizer
Solvent
Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Alpha Methyl Styrene market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Points:
Define, describe and forecast Alpha Methyl Styrene product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
