Global Alpha-Methylstyrene Market Trends Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Landscape & Forecast, 2021 – 2027
Overview:
Alpha-methylstyrene (AMS) is an insoluble colorless liquid
with an aromatic odor. AMS is obtained as a by-product in the manufacturing of
cumene-phenol process. To obtain high purity AMS, it undergoes purification by
continuous distillation at reduced pressure to remove phenol, cumene, and other
impurities. It is widely used as a copolymer to synthesize different monomers
such as benzene and acrylates.
On the basis of purity, the global alpha-methylstyrene
market has been bifurcated into <99% and >99%. The <99% segment held
the largest market share in 2017 and is estimated to be the fastest-growing
segment during the forecast period. This is attributed to the increasing usage
of AMS in the production of heat-resistant acrylonitrile-butadiene-styrene (ABS).
Moreover, it is the basic raw material of organic compounds used in the
production of paint adhesives and pigments. Additionally, it is used as a
plastic additive.
Based on application, the global alpha-methylstyrene market has
been classified into resin, plasticizers, adhesives, waxes, coatings, chemical
intermediate, finishing agents, and others. The acrylonitrile-butadiene-styrene
(ABS) sub-segment, under the resin segment, dominated the global market in 2017
owing to the high glass transition temperatures and high heat distortion of AMS.
TABLE OF CONTENTS
1
Executive Summary
2
Market Introduction
2.1 Market
Definition
2.2 Scope Of The
Study
2.2.1 Research
Objectives
2.2.2 Assumptions
& Limitations
2.3 Markets
Structure
2.4 Key Takeaways
3
Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary
Research
3.4 Market Size
Estimation
3.5 Forecast Model
4
Market Dynamics Of Global Alpha-Methylstyrene Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6
Trends/Technology
5
Market Factor Analysis Of Global Alpha-Methylstyrene Market
5.1 Supply Chain
Analysis
5.1.1 Raw Material
Suppliers
5.1.2
Manufacturers/Producers
5.1.3
Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End Users
5.2 Porter’s Five
Forces Analysis
5.2.1 Threat Of New
Entrants
5.2.2 Bargaining
Power Of Buyers
5.2.3 Bargaining
Power Of Suppliers
5.2.4 Threat Of
Substitutes
5.2.5 Intensity Of
Competitive Rivalry
5.3 Pricing
Analysis
Market Segmentation
The global alpha-methylstyrene market has been segmented based
on purity, application, and region.
Based on purity, the global alpha-methylstyrene market has been
categorized into <99% and >99%.
By application, the global alpha-methylstyrene market has been
divided into resins, plasticizer, adhesives, waxes, coatings, chemical
intermediate, finishing agents, others. The resin segment has been further
sub-segmented into acrylonitrile-butadiene-styrene (ABS), polyester, and alkyd.
The global alpha-methylstyrene market, by region, has been
studied for five key regions—Asia-Pacific, North America, Latin America,
Europe, and the Middle East & Africa.
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Regional
Analysis
The North American market held the largest share of the global
market in 2017 and is projected to register a substantial CAGR during the
review period owing to the growing demand for the product in the production of
waxes. The US is expected to contribute major share to the regional market
owing to advanced R&D capabilities and extensive use of the product in the
production of adhesives and coatings. Asia-Pacific is likely to be the
fastest-growing regional market during the forecast period owing to the
increasing use of the product in ABS resin production. China was the leading
market in the region in 2017 due to the increasing application of the product
in plasticizers and automobiles. The other countries contributing to the
regional market growth are Japan, India, and Australia & New Zealand.
Competitive Analysis
Solvay (Belgium), INEOS (UK), Honeywell International Inc
(US), SI Group, Inc (US), Altivia (US), Mitsubishi Chemical Corporation
(Japan), DOMO Chemicals (Germany), Sunoco Chemicals (US), Merck KGaA (Germany),
Prasol Chemicals Pvt Ltd (India), The Plaza Group (US), and Banner Chemicals
Limited (UK) are some of the key players operating in the global
alpha-methylstyrene market.
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