Alpha-Methylstyrene Market - Strategic Recommendations, Trends, Segmentation, Use Case Analysis, Regional Forecast To 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.

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.

Browse Complete Report Details @

https://www.marketresearchfuture.com/reports/alpha-methylstyrene-market-7530

 

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.

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.

 

Request For Sample Report Here @

https://www.marketresearchfuture.com/sample_request/7530

               

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

Contact:

Market Research Future

Phone: +16468459312

Email: sales@marketresearchfuture.com

 

Read More Related Article:

 

https://www.marketresearchfuture.com/reports/polystyrene-market-2545

 

https://www.marketresearchfuture.com/reports/slip-additives-market-6488

 

https://www.marketresearchfuture.com/reports/blended-fibers-market-6542

 

https://www.marketresearchfuture.com/reports/synthetic-fibers-market-5284

 

Comments

Post a Comment

Popular posts from this blog

Middle East and North Africa Metallic Stearates Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Metallic stearates, widely used in various industries, are compounds derived from stearic acid and metal salts. These versatile substances find their applications in numerous sectors, including plastics, rubber, cosmetics, pharmaceuticals, and paints. With their exceptional lubricating, stabilizing, and anti-blocking properties, metallic stearates have witnessed a significant surge in demand, fueling the growth of the   Middle East and North Africa   metallic stearates market. The continuous development in the industry and the increasing investment in the industry, where the market value is expected to reach over USD 5.4 billion by the year 2030 with a CAGR of 5.4% during the forecast period. Expanding Applications : The  Middle East and North Africa metallic stearates market  has experienced remarkable growth due to the expanding applications across several industries. In the plastics industry, metallic stearates act as lubricants, preventing the me...
Read more

Middle East and North Africa Purging Compound Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  The  Middle East and North Africa purging compound market  has witnessed significant growth in recent years, owing to its crucial role in optimizing the efficiency and cleanliness of polymer processing equipment. This article delves into the key factors driving the market's expansion and highlights the benefits of using purging compounds in various industrial applications. Enhancing Operational Efficiency : Purging compounds play a pivotal role in ensuring the smooth operation of polymer processing equipment, such as extruders, Molded Pulp Packaging , and blow molding machines. By effectively removing color, contaminants, and residues from the machinery, purging compounds enable quick transitions between different materials, reducing downtime and improving productivity. Manufacturers can minimize material waste and achieve cost savings by utilizing purging compounds during color changes, material switches, and machine shutdowns. Efficient Cleaning Mechani...
Read more

Middle East and North Africa Polyurethane Dispersion Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Polyurethane dispersion (PUD) has emerged as a versatile and environmentally friendly alternative to traditional solvent-based coatings and adhesives. With its unique properties and applications across various industries, polyurethane dispersion has gained significant traction in recent years. This article explores the growing popularity of  Middle East and North Africa polyurethane dispersion market , its advantages, applications, and the future prospects of this remarkable material. polyurethane dispersion market Size was valued at USD 2.2 billion in 2021. The polyurethane dispersion market industry is projected to grow from USD 2.3 Billion in 2022 to USD 3.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2022 - 2030).  The Advantages of Polyurethane Dispersion: Environmental Friendliness: One of the primary advantages of polyurethane dispersion is its eco-friendly nature. Unlike solvent-based coatings, PUDs ...
Read more