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Report
Global Alpha Methyl-Styrene Market Report and Forecast 2024-2032
Market Report I 2024-05-02 I 148 Pages I EMR Inc.
Global Alpha Methyl-Styrene Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), The global alpha methyl-styrene market size was around USD 550 million in the year 2023. Aided by the increasing demand for lightweight materials in the automotive sector and the rising implementation of alpha methyl-styrene in paint and coatings, the market is estimated to grow at a CAGR of 3.2% between 2024 and 2032, reaching a market value of nearly USD 732.39 million by 2032.
Alpha methyl-styrene (AMS) is an organic compound that has a molecular formula of C9H10 and is colourless and combustible in nature. It is a colourless aromatic liquid, that is primarily used as a co-monomer in the production of acrylonitrile butadiene styrene (ABS) resins and as an intermediate in the synthesis of other chemicals.
One of the primary trends in the alpha methyl-styrene market is the growing use of ABS in the production of recyclable plastics, particularly acrylonitrile polybutadiene styrene (ABS) thermoplastics. ABS plastics are known for their rigidity and durability, making them ideal for various applications. In the automotive sector, for example, AMS-infused ABS plastics are being used as a lightweight alternative to metal parts. Components such as dashboard elements, door handles, and seat backs benefit from the reduced weight, contributing to improved fuel efficiency and performance.
The incorporation of alpha-methyl-styrene (AMS) into acrylonitrile butadiene styrene (ABS) plastic coatings and paints is another trend that highlights the material's valuable properties and diverse applications. The alpha methyl-styrene market growth is expected to surge during the forecast period because of its excellent thermal and chemical attributes, such as optimal temperature resistance and low toxicity. These characteristics make AMS an attractive additive in coatings and paints, where it enhances durability and performance. By improving the resilience and longevity of these materials, AMS plays a pivotal role in extending the lifespan of various products and structures, ranging from automotive components to building exteriors.
Moreover, AMS serves as a crucial intermediate in the production of para-cumylphenol (PCP), a compound with extensive applications in surfactants and phenolic resins. The use of PCP in these sectors further stimulates the demand for AMS, underscoring its versatility and significance in different chemical processes. The ability of AMS to contribute to the synthesis of compounds like PCP, which are integral to a wide array of industrial applications, showcases the material's importance in the chemical sector and its impact on the market growth.
In the automotive sector, the emphasis on lightweight and fuel-efficient vehicles is a significant factor driving the alpha methyl-styrene market. As manufacturers strive to reduce vehicle weight to improve fuel efficiency and reduce emissions, AMS-infused plastics offer an attractive alternative to heavier materials. The incorporation of AMS into ABS plastics results in lightweight components that do not compromise on strength or durability. This trend aligns with environmental and economic goals, as lighter vehicles consume less fuel and emit fewer greenhouse gases. Consequently, the automotive sector's focus on lightweight materials is a key driver propelling the alpha methyl-styrene market expansion, highlighting the material's contribution to sustainable and efficient automotive design.
Market Segmentation
The global alpha methyl-styrene market can be divided based on application, end use, and region.
Market Breakup by Application
- Para-cumylphenol
- Chemical Intermediate
- Acrylonitrile Butadiene Styrene (ABS Resin)
- Others
Market Breakup by End-Use
- Chemical
- Paintings and Coatings
- Automotive
- Electronics
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global alpha methyl-styrene market. Some of the major players explored in the report by Expert Market Research are as follows:
- Mitsubishi Chemical Corporation
- INEOS Group
- Solvay SA
- Kumho Petrochemical Co. Ltd.
- Versalis Spa
- Cepsa Quimica S.A
- Altivia Corporation
- Domo Chemicals GmbH
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Alpha Methyl-Styrene Market Analysis
8.1 Key Industry Highlights
8.2 Global Alpha Methyl-Styrene Historical Market (2018-2023)
8.3 Global Alpha Methyl-Styrene Market Forecast (2024-2032)
8.4 Global Alpha Methyl-Styrene Market by Application
8.4.1 Para-cumylphenol
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Chemical Intermediate
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Acrylonitrile Butadiene Styrene (ABS Resin)
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Alpha Methyl-Styrene Market by End Use
8.5.1 Chemical
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Paintings and Coatings
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Automotive
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Electronics
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Alpha Methyl-Styrene Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Alpha Methyl-Styrene Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Alpha Methyl-Styrene Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Alpha Methyl-Styrene Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Alpha Methyl-Styrene Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Alpha Methyl-Styrene Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Mitsubishi Chemical Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 INEOS Group
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Solvay SA
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Kumho Petrochemical Co. Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Versalis Spa
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Cepsa Quimica S.A
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Altivia Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Domo Chemicals GmbH
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Alpha Methyl-Styrene Market: Key Industry Highlights, 2018 and 2032
2. Global Alpha Methyl-Styrene Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Alpha Methyl-Styrene Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Alpha Methyl-Styrene Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Global Alpha Methyl-Styrene Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Global Alpha Methyl-Styrene Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Alpha Methyl-Styrene Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Alpha Methyl-Styrene Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Alpha Methyl-Styrene Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Alpha Methyl-Styrene Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Alpha Methyl-Styrene Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Alpha Methyl-Styrene Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Alpha Methyl-Styrene Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Alpha Methyl-Styrene Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Alpha Methyl-Styrene Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Alpha Methyl-Styrene Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Alpha Methyl-Styrene Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Alpha Methyl-Styrene Market Structure
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