Alpha Methyl Styrene Market By Size, Share, Trends, Growth, Forecast 2027

Report Description

Global alpha methyl styrene market is expected to grow at a steady CAGR during the forecast period. Alpha methyl styrene is an organic compound with molecular formula C6H5C(CH3) CH2. It is also known as isopropenyl benzene. It is a clear, colorless organic compound with a sharp odor. The chemical, obtained by partial oxidation of cumene, is a by-product of cumene-phenol process, wherein, phenol and acetone are synthesized from benzene.

Increasing use of alpha methyl styrene in the automotive and protective gear manufacturing application is expected to boost its demand in the coming years. Additionally, increasing demand for ABS resin is further anticipated to drive growth of the global alpha methyl styrene market. Alpha methyl styrene is also finding application in paints & coatings. Moreover, with rising demand for lower molecular weighted, coatings, plasticizers, waxes and adhesives, the demand for alpha methyl styrene is also increasing. Additionally, the adhesives market is witnessing a healthy growth, thereby further boosting growth in alpha methyl styrene market.

The global alpha methyl styrene market is segmented based on type, application, region and company. Based on type, the market can be bifurcated into Purity-95% and Purity-90%. Purity 95% is expected to dominate the market during forecast period owing to its increasing demand as a heat stabilizer for ABS, as a solvent in the plastics industry, and as a pigment and paint adhesive agent in adhesives & coatings, waxes, and tackifier. Based on application, the market can be segmented into ABS Manufacture, Para-Cumyl phenol, paints & adhesives and waxes. The ABS manufacture segment is projected to register the highest CAGR during the forecast period on account of the heat stability and impact resistance properties of alpha methyl styrene.

Regionally, the alpha methyl styrene market is gaining traction and expanding to various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America region dominates the Alpha Methyl Styrene market. North America is followed by Europe, Asia Pacific, South America and Middle East and Africa.

The major players operating in the global alpha methyl styrene market are INEOS Group, Ltd., Honeywell International Inc., PJSC Rosneft Oil Company, Compañía Española de Petróleos, S.A.U, Mitsui Chemicals, Inc, Taiwan Prosperity Chemical, AdvanSix Inc., Kumho P&B Chemicals, Domo Chemicals GmbH, Mitsubishi Chemical Holdings and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, in January 2019, Mitsui Chemicals, Inc. (Japan) announced its plan to begin the production of alpha-methyl styrene by 2023 at its Singapore-based subsidiary, Mitsui Phenols Singapore Pte. Ltd. This expansion aims at catering to the increased demand for alpha-methyl styrene across the globe due to rise in the consumption of ABS resins and petroleum resins in various end-use industries.

Some of the leading players in global alpha methyl styrene market are INEOS Group, Ltd., Honeywell International Inc., PJSC Rosneft Oil Company, Compañía Española de Petróleos, S.A.U, Mitsui Chemicals, Inc, Taiwan Prosperity Chemical, AdvanSix Inc., Kumho P&B Chemicals, Domo Chemicals GmbH, Mitsubishi Chemical Holdings and others.

Objective of the Study:

To analyze and forecast the market size of global alpha methyl styrene market.
To classify and forecast global alpha methyl styrene market based on type, application, company and regional distribution.
To identify drivers and challenges for global alpha methyl styrene market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global alpha methyl styrene market.
To conduct pricing analysis for global alpha methyl styrene market.
To identify and analyze the profile of leading players operating in global alpha methyl styrene market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global alpha methyl styrene market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

Alpha methyl styrene manufacturers, suppliers and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to alpha methyl styrene
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2021
Historical Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Type · Application
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Indonesia, Germany, France, United Kingdom, Russia, Italy, South Africa, Brazil
Key companies profiled	INEOS Group, Ltd., Honeywell International Inc., PJSC Rosneft Oil Company, Compañía Española de Petróleos, S.A.U, Mitsui Chemicals, Inc, Taiwan Prosperity Chemical, AdvanSix Inc., Kumho P&B Chemicals, Domo Chemicals GmbH, Mitsubishi Chemical Holdings.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global alpha methyl styrene market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Type:

Purity-95%
Purity-90%

Market, By Application:

o ABS Manufacture

o Para-Cumyl phenol

o Paints & Adhesives

o Waxes

Market, By Region:

North America

United States
Mexico
Canada

Europe

Germany
France
United Kingdom
Italy
Russia

Asia-Pacific

China
India
Japan
South Korea
Australia
Indonesia

Middle East & Africa

South Africa

South America

Brazil

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global Alpha Methyl Styrene market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Alpha Methyl Styrene Market

4. Executive Summary

5. Voice of Customer

5.1. Factors to be considered for product selection

5.2. Factors influencing purchase decision

5.3. Challenges/issues faced post purchase

5.4. Unmet needs

6. Global Alpha Methyl Styrene Market Outlook

6.1. Market Size and Forecast

6.1.1. By Value

6.2. Market Share and Forecast

6.2.1. By Type (Purity-95%, Purity-90%)

6.2.2. By Application (ABS Manufacture, Para-Cumyl phenol, Paints & Adhesives, Waxes)

6.2.3. By Company

6.2.4. By Region

6.3. Market Attractive Index

7. Asia-Pacific Alpha Methyl Styrene Market Outlook

7.1. Market Size and Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Application

7.2.3. By Country

7.3. China Alpha Methyl Styrene Market Outlook

7.3.1. Market Size and Forecast

7.3.1.1. By Value

7.3.2. Market Share and Forecast

7.3.2.1. By Type

7.3.2.2. By Application

7.4. Japan Alpha Methyl Styrene Market Outlook

7.4.1. Market Size and Forecast

7.4.1.1. By Value

7.4.2. Market Share and Forecast

7.4.2.1. By Type

7.4.2.2. By Application

7.5. India Alpha Methyl Styrene Market Outlook

7.5.1. Market Size and Forecast

7.5.1.1. By Value

7.5.2. Market Share and Forecast

7.5.2.1. By Type

7.5.2.2. By Application

7.6. South Korea Alpha Methyl Styrene Market Outlook

7.6.1. Market Size and Forecast

7.6.1.1. By Value

7.6.2. Market Share and Forecast

7.6.2.1. By Type

7.6.2.2. By Application

7.7. Indonesia Alpha Methyl Styrene Market Outlook

7.7.1. Market Size and Forecast

7.7.1.1. By Value

7.7.2. Market Share and Forecast

7.7.2.1. By Type

7.7.2.2. By Application

7.8. Australia Alpha Methyl Styrene Market Outlook

7.8.1. Market Size and Forecast

7.8.1.1. By Value

7.8.2. Market Share and Forecast

7.8.2.1. By Type

7.8.2.2. By Application

8. Europe Alpha Methyl Styrene Market Outlook

8.1. Market Size and Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Application

8.2.3. By Country

8.3. United Kingdom Alpha Methyl Styrene Market Outlook

8.3.1. Market Size and Forecast

8.3.1.1. By Value

8.3.2. Market Share and Forecast

8.3.2.1. By Type

8.3.2.2. By Application

8.4. Italy Alpha Methyl Styrene Market Outlook

8.4.1. Market Size and Forecast

8.4.1.1. By Value

8.4.2. Market Share and Forecast

8.4.2.1. By Type

8.4.2.2. By Application

8.5. France Alpha Methyl Styrene Market Outlook

8.5.1. Market Size and Forecast

8.5.1.1. By Value

8.5.2. Market Share and Forecast

8.5.2.1. By Type

8.5.2.2. By Application

8.6. Germany Alpha Methyl Styrene Market Outlook

8.6.1. Market Size and Forecast

8.6.1.1. By Value

8.6.2. Market Share and Forecast

8.6.2.1. By Type

8.6.2.2. By Application

8.7. Russia Alpha Methyl Styrene Market Outlook

8.7.1. Market Size and Forecast

8.7.1.1. By Value

8.7.2. Market Share and Forecast

8.7.2.1. By Type

8.7.2.2. By Application

9. North America Alpha Methyl Styrene Market Outlook

9.1. Market Size and Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Application

9.2.3. By Country

9.3. United States Alpha Methyl Styrene Market Outlook

9.3.1. Market Size and Forecast

9.3.1.1. By Value

9.3.2. Market Share and Forecast

9.3.2.1. By Type

9.3.2.2. By Application

9.4. Mexico Alpha Methyl Styrene Market Outlook

9.4.1. Market Size and Forecast

9.4.1.1. By Value

9.4.2. Market Share and Forecast

9.4.2.1. By Type

9.4.2.2. By Application

9.5. Canada Alpha Methyl Styrene Market Outlook

9.5.1. Market Size and Forecast

9.5.1.1. By Value

9.5.2. Market Share and Forecast

9.5.2.1. By Type

9.5.2.2. By Application

10. South America Alpha Methyl Styrene Market Outlook

10.1. Market Size and Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Country

10.3. Brazil Alpha Methyl Styrene Market Outlook

10.3.1. Market Size and Forecast

10.3.1.1. By Value

10.3.2. Market Share and Forecast

10.3.2.1. By Type

10.3.2.2. By Application

11. Middle East & Africa Alpha Methyl Styrene Market Outlook

11.1. Market Size and Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Application

11.2.3. By Country

11.3. South Africa Alpha Methyl Styrene Market Outlook

11.3.1. Market Size and Forecast

11.3.1.1. By Value

11.3.2. Market Share and Forecast

11.3.2.1. By Type

11.3.2.2. By Application

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Pricing Analysis

15. Competitive Landscape

15.1. Competition Benchmarking

15.2. Company Profiles (Leading companies)

15.2.1. INEOS Group, Ltd.

15.2.2. Honeywell International Inc.

15.2.3. PJSC Rosneft Oil Company

15.2.4. Compañía Española de Petróleos, S.A.U

15.2.5. Mitsui Chemicals, Inc

15.2.6. Taiwan Prosperity Chemical

15.2.7. AdvanSix Inc.

15.2.8. Kumho P&B Chemicals

15.2.9. Domo Chemicals GmbH

15.2.10. Mitsubishi Chemical Holdings

16. Strategic Recommendations

(Note: The companies list can be customized based on the client requirements)

Figures and Tables

Frequently asked questions

What are the different types of Alpha Methyl Styrene available in Global Alpha Methyl Styrene Market?

The different types of Alpha Methyl Styrene available in Global Alpha Methyl Styrene Market include Purity-95% and Purity-90%.

Which application segment dominates the Global Alpha Methyl Styrene Market?

The ABS Manufacture application segment dominates the Global Alpha Methyl Styrene Market.

Who are the key players operating in the Global Alpha Methyl Styrene Market?

The key players operating in the Global Alpha Methyl Styrene Market include INEOS Group, Ltd., Honeywell International Inc., PJSC Rosneft Oil Company, Compañía Española de Petróleos, S.A.U, Mitsui Chemicals, Inc, Taiwan Prosperity Chemical, AdvanSix Inc., Kumho P&B Chemicals, Domo Chemicals GmbH, Mitsubishi Chemical Holdings, etc.

What are the major factors driving the growth of Global Alpha Methyl Styrene Market?

The major factors driving the growth of Global Alpha Methyl Styrene Market include growing demand from various end user industries such as Electronics & Semiconductors, Automotive, Aerospace, among others.