#Alpha-methylstyrene (AMS) Market Analysis
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Alpha-methylstyrene (AMS) Market Sets the Table for Continued Growth
Advance Market Analytics added research publication document on Worldwide Alpha-methylstyrene (AMS) Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Alpha-methylstyrene (AMS) market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are INEOS Group Holding S.A. (Switzerland), AdvanSix (United States), Rosneft (Russia), Altivia Corp. (United States), SI Group Inc. (United States), Taiwan Prosperity Chemical Corp. (Taiwan), Yangzhou Lida Chemicals (China), Mitsubishi Chemical Corporation (Japan), Solvay SA (Belgium), Mitsui Chemicals, Inc. (Japan). Get free access to Sample Report in PDF Version along with Graphs and Figures @ https://www.advancemarketanalytics.com/sample-report/173708-global-alpha-methylstyrene-ams-market
Alpha methyl styrene, also known as isopropenyl benzene, is an inorganic compound. It is a colorless liquid that emits a sharp odor. Alpha methyl styrene is used as a co-monomer in numerous polymerization processes in order to improve the heat and impact resistance of products. Alpha methyl styrene is manufactured as a byproduct in the phenol manufacturing process of cumene oxidation. Additionally, it undergoes purification by constant distillation at reduced pressure in order to decrease phenol, cumene, and butyl benzene impurities. Alpha methyl styrene can be easily copolymerized with monomers such as benzene and acrylates. The price of alpha-methyl styrene depends upon the price trends of benzene. Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Alpha-methylstyrene (AMS) Market various segments and emerging territory. Influencing Market Trend
Market Drivers
Increasing Demand for Resins and Additives Using Alpha-Methylstyrene From the Asia Pacific Region
Rising Demand for ABS Resins from the Growing Electronic/Electrical Appliances and Automotive Industries
Opportunities:
Increasing Demand for Consumer Goods From Emerging Economies
Ongoing Shale Oil/Tight Oil Exploration Activities
Challenges:
Health and Safety Concerns Associated With the Exposure to Alpha-Methylstyrene and Its Derivatives
Volatility in the Prices of Raw Materials
Have Any Questions Regarding Global Alpha-methylstyrene (AMS) Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/173708-global-alpha-methylstyrene-ams-market Analysis by Application (ABS Manufacture, Plastic Additive, Adhesives and Coatings, Chemical Intermediate, Others), Purity (Between 95% to 99.5%, Above 99.5%), End-Use Industry (Automobile, Electronics, Plastics, Chemicals, Others)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [INEOS Group Holding S.A. (Switzerland), AdvanSix (United States), Rosneft (Russia), Altivia Corp. (United States), SI Group Inc. (United States), Taiwan Prosperity Chemical Corp. (Taiwan), Yangzhou Lida Chemicals (China), Mitsubishi Chemical Corporation (Japan), Solvay SA (Belgium), Mitsui Chemicals, Inc. (Japan)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players The regional analysis of Global Alpha-methylstyrene (AMS) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028. Table of Content Chapter One: Industry Overview Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis Chapter Three: Production Market Analysis Chapter Four: Sales Market Analysis Chapter Five: Consumption Market Analysis Chapter Six: Production, Sales and Consumption Market Comparison Analysis Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis Chapter Eight: Competition Analysis by Players Chapter Nine: Marketing Channel Analysis Chapter Ten: New Project Investment Feasibility Analysis Chapter Eleven: Manufacturing Cost Analysis Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/173708-global-alpha-methylstyrene-ams-market Highlights of the Report • The future prospects of the global Alpha-methylstyrene (AMS) market during the forecast period 2023-2028 are given in the report. • The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report. • The emerging technologies that are driving the growth of the market are highlighted in the report. • The market value of the segments that are leading the market and the sub-segments are mentioned in the report. • The report studies the leading manufacturers and other players entering the global Alpha-methylstyrene (AMS) market. Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]
#Global Alpha-methylstyrene (AMS) Market#Alpha-methylstyrene (AMS) Market Demand#Alpha-methylstyrene (AMS) Market Trends#Alpha-methylstyrene (AMS) Market Analysis#Alpha-methylstyrene (AMS) Market Growth#Alpha-methylstyrene (AMS) Market Share#Alpha-methylstyrene (AMS) Market Forecast#Alpha-methylstyrene (AMS) Market Challenges
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Alpha-methylstyrene (AMS) Market Insights and Global Outlook 2024-2030
Global Info Research’s report offers key insights into the recent developments in the global Alpha-methylstyrene (AMS) market that would help strategic decisions. It also provides a complete analysis of the market size, share, and potential growth prospects. Additionally, an overview of recent major trends, technological advancements, and innovations within the market are also included.Our report further provides readers with comprehensive insights and actionable analysis on the market to help them make informed decisions. Furthermore, the research report includes qualitative and quantitative analysis of the market to facilitate a comprehensive market understanding.This Alpha-methylstyrene (AMS) research report will help market players to gain an edge over their competitors and expand their presence in the market.
Alpha-methylstyrene (AMS) is a co-product produced in parallel from the phenol reaction which is produced by the partial oxidation of cumene. Alpha-methylstyrene (AMS) is an intermediate chemical used in the manufacturing of plasticizers, resins, and in many polymerization production processes. According to our (Global Info Research) latest study, the global Alpha-methylstyrene (AMS) market size was valued at US$ 431 million in 2023 and is forecast to a readjusted size of USD 551 million by 2030 with a CAGR of 3.6% during review period. Global Alpha-methylstyrene (AMS) key players include Ineos Phenol GmbH, AdvanSix, Cepsa Chemicals, Kumho P&B Chemicals, etc. Global top five manufacturers hold a Production Share over 50%. Europe accounts for the most Production Market Share, which have a share over 50%, followed by North America. In terms of product, Assay above 99.5% is one of the segment, with a Production Share over 10%. And in terms of application, the largest application is Resins (ABS/Polyester/Alkyd), followed by Plasticizers. This report is a detailed and comprehensive analysis for global Alpha-methylstyrene (AMS) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
We have conducted an analysis of the following leading players/manufacturers in the Alpha-methylstyrene (AMS) industry: Ineos Phenol GmbH、AdvanSix、Altivia、Cepsa Chemicals、DOMO Chemicals、Versalis (Eni)、Rosneft (SANORS)、China Taiwan Prosperity Chemical、Mitsubishi Chemical、Kumho P&B Chemicals、SI Group、Prasol Chemicals、Solvay、Mitsui Chemicals、LG Chem、Jiangsu Evergreen New Material Technology、China Blue Star Harbin Petrochemical Report analysis: The Alpha-methylstyrene (AMS) report encompasses a diverse array of critical facets, comprising feasibility analysis, financial standing, merger and acquisition insights, detailed company profiles, and much more. It offers a comprehensive repository of data regarding marketing channels, raw material expenses, manufacturing facilities, and an exhaustive industry chain analysis. This treasure trove of information equips stakeholders with profound insights into the feasibility and fiscal sustainability of various facets within the market. Illuminates the strategic maneuvers executed by companies, elucidates their corporate profiles, and unravels the intricate dynamics of the industry value chain. In sum, the Alpha-methylstyrene (AMS) report delivers a comprehensive and holistic understanding of the markets multifaceted dynamics, empowering stakeholders with the knowledge they need to make informed decisions and navigate the market landscape effectively. Conducts a simultaneous analysis of production capacity, market value, product categories, and diverse applications within the Alpha-methylstyrene (AMS) market. It places a spotlight on prime regions while also performing a thorough examination of potential threats and opportunities, coupled with an all-encompassing SWOT analysis. This approach empowers stakeholders with insights into production capabilities, market worth, product diversity, and the markets application prospects. Assesses strengths, weaknesses, opportunities, and threats, offering stakeholders a comprehensive understanding of the Alpha-methylstyrene (AMS) markets landscape and the essential information needed to make well-informed decisions. Market Size Estimation & Method Of Prediction
Estimation of historical data based on secondary and primary data.
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Request Customization of Report@ https://www.globalinforesearch.com/contact-us About Us: Global Info Research is a company that digs deep into Global industry information to Alpha-methylstyrene (AMS) enterprises with market strategies and in-depth market development analysis reports. We provide market information consulting services in the Global region to Alpha-methylstyrene (AMS) enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
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Alpha-methylstyrene (AMS) Market Size, Share & Trends, Product, Region & Forecasts 2030
Alpha-methylstyrene (AMS) Market Size, Share & Trends, Product, Region & Forecasts 2030
Description The impact of a number of factors such as economic, legal, social, political, technological, and modern business developments on market dynamics is briefly examined in the Alpha-methylstyrene (AMS) market analysis. The global Alpha-methylstyrene (AMS) market analysis focuses on market share and competitiveness index, which helps evaluate the top player’s contributions to the industry.…
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Alpha-Methylstyrene Market (AMS) Top Manufacturers, Sales Revenue,Trends, Size, Top Leaders, Future Scope and Outlook 2027
Alpha-Methylstyrene Market: was valued at US$ 427.6 Mn. in 2020 and is expected to reach US$ 558.92 Mn. by 2027, at a CAGR of 3.9% during a forecast period. Alpha-Methylstyrene Market Overview: The major drivers of using alpha-methylstyrene includes in acrylonitrile-butadiene-styrene (ABS) resins that account for approximately one-third of the demand. The alpha-methylstyrene market is composed of growth on account of increasing disposable income all over the globe. The major factor driving the growth of the overall market includes a constant increase in disposable income across the world. The market has experienced a significant rise in the adoption of alpha-methylstyrene (AMS) as there is a very small investment cost associated with it as compared to the customary machines.
Alpha-Methylstyrene Market Report 2020-2027 (Forecast Period) includes an analysis of market growth factors, future analysis, country-level, and regional-level analysis, market distribution, and competitive landscape analysis of major key competitors. Within the analysis report, each phase of the world global market is completely studied. The regional study of the global market will help you in gaining an understanding of the developments of the various geographic markets in recent years and moving ahead. The analysis also includes a wide-ranging synopsis of the key factors of the global market, like market influence and market result factors, drivers, threats, constraints, trends, restraints, and prospects. alternative methods of analysis, like qualitative and quantitative, also are used within the analysis study. Maximize Market Research team analysis provides a unique and in-depth report that helps you to perform detailed research on the global Alpha-Methylstyrene market and make decisions on the future growth factors of the market. The market report provides an overview of the development of the Alpha-Methylstyrene market throughout the forecasted period.
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The Alpha-Methylstyrene market report thoroughly covers insights of key competitors in terms of market, applications, and geographies that will help you in recognizing the competition both domestic as well as globally. The research mentions available micro-market investment options for investors and a full synopsis of the competitive landscape and significant products offered by industries. The report also includes statistical data that consists of tables and charts which will further help you in business representation. Maximize Market Research also studies the current as well as new trends with the estimations of the market size throughout the forecasted period. Many competitors are also identified in various regions. The report provides PESTEL and Portal analysis too, which helps the clients to calculate every factor of the market. Alpha-Methylstyrene Market Segmentation:
Acrylonitrile Butadiene Styrene (ABS) Resin segment is dominated by the global market in 2020 because of the high glass transition temperatures and high heat distortion of AMS. ABS (acrylonitrile-butadiene-styrene) market is rising at a CAGR of around 4.5% owing to its application in automotive and protective equipment that has increased product usage. Additional, its production output will rise with processes like the involvement of dehydrogenation in FSU. These factors are expected to propel the alpha-methylstyrene market.
Alpha-Methylstyrene Market Key Players:
• AdvanSix Inc. • INEOS Group Holdings S.A. • Cepsa • Rosneft • Mitsubishi Chemical Holdings Corporation • Solvay SA • Novapex • DOMO Chemicals • Omskiy Kauchuk • SI Group, Inc. • Prasol Chemicals Private Limited • Yangzhou Lida Chemical Co. Ltd. • Altivia Corporation • Mitsui Chemicals, Inc. • Kumho Petrochemical Co., Ltd. • Versalis SPA • Taiwan Prosperity Chemical Corp. • The Plaza Group Inc. • SEQENS SAS • Sunoco Get more Report Details: https://www.maximizemarketresearch.com/market-report/global-alpha-methylstyrene-market/29908/
Alpha-Methylstyrene Market Regional Analysis: Based on the regions the market is studied across Asia-Pacific (Vietnam, Malaysia, Korea, China, Philippines, Thailand, Indonesia, and India, Japan, Australia, ). Africa and the Middle East (Egypt and GCC Countries.).North America (Canada, the United States, and Mexico.). South America (Brazil etc.). Europe (France, Italy, Germany, Russia, UK, Turkey, etc.). IMPACT Of COVID-19 On The Alpha-Methylstyrene Market: COVID-19 has impacted the world with its fast-spreading effects all over the world. It has impacted every industry and business except for the medical and health care industry which is working 24/7 to stop the spread of the COVID-19 virus, they are working hard to save the lives of people affected by this virus. As mentioned many industries are suffering in this COVID-19 times, our market is also one of them. Our team here at Maximize Market Research has worked hard to provide solutions to these issues that will help your business. About Us: Maximize Market Research provides B2B and B2C research on more than 12000 high growth emerging opportunities technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics Communications, Internet of Things, Food and Beverages, Aerospace and Defense, and other manufacturing sectors. Contact Us: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2, Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India. Email:[email protected]
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Global Alpha-Methylstyrene (AMS) Market is Growing at the CAGR of 3.0% in the Forecast Period
Global alpha-methylstyrene (AMS) market is growing at a high CAGR because of the increasing demand in end-user industries such as waxes, paints, coatings, etc., expanding application alpha-methylstyrene (AMS) in construction activities because of its impact and heat resistance.
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that global alpha-methylstyrene (AMS) market was worth USD 426.3 million in the year 2020. According to the study, the market is estimated to grow at a CAGR of 3.0%, earning revenue of around USD 521.3 million by the end of 2027. The growth of the global alpha-methylstyrene (AMS) market is attributed to its increasing demand in end-user industries, such as waxes, paints and coatings, perfumes, antioxidants, chemical intermediates, etc. Construction activities are increasing at a rapid rate, especially in emerging economies for infrastructural development purposes. The expanding application of alpha-methylstyrene (AMS) in construction activities because of its impact and heat resistance properties is significantly propelling the demand for alpha-methylstyrene (AMS). However, the negative health effects associated with the alpha-methylstyrene (AMS) may act as a major restraint for the global alpha-methylstyrene (AMS) market growth.
Expanding Automobile Production Is Expected to Drive the Global Alpha-Methylstyrene (AMS) Market
Globally, the automobile industry is contributing significantly to the growth of the alpha-methylstyrene (AMS) market. The heat-resistant properties of Alpha-Methylstyrene (AMS) make it optimal for automobile production. It is used as a replacement for ABS resins owing to its unique properties. The chemical is also extensively used in the manufacture of automotive exterior frames. The demand for alpha-methylstyrene (AMS) is likely to rise during the forecast period, owing to the increasing production of cars and electric vehicles. Moreover, as plasticizers, waxes, adhesives, and coatings become more popular in the automotive industry, the global market for alpha Methylstyrene is likely to grow over the next few years.
Increasing Demand for Consumer Goods Products Is Propelling the Global Alpha-Methylstyrene (AMS) Market Growth
Alpha-Methylstyrene (AMS) is widely used in the production of electronic appliances and protective coatings. It is also used to improve the impact- and heat-resistance properties, such as specialty grades of plastic, rubber, and adhesives. The chemical also finds use in a wide array of products, such as perfumes, drying oil, lubricating oil, etc. Because of this, alpha-methylstyrene (AMS) is experiencing a sharp rise in its demand, especially in China, a global manufacturing leader.
Global Alpha-Methylstyrene (AMS) Market - By Application
Based on applications, the global alpha-methylstyrene (AMS) market is segmented into resins (acrylonitrile-butadiene-styrene), plasticizer, adhesives, paints, and coatings, waxes, finishing agents, perfumes, chemical intermediates, and others. The Resin (acrylonitrile-butadiene-styrene) segment holds the largest market share due to its heat stability and impact resistance properties. Because of this, it is used extensively in a variety of end-user industries, including construction, automotive, and electronics. The growing use of alpha-methylstyrene (AMS) as a chemical intermediate for manufacturing plasticizers, resins, and polymers is also gaining traction. It is expected to drive the global alpha-methylstyrene (AMS) market in the forecast period.
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Global Alpha-Methylstyrene (AMS) Market - Regional Insights
Geographically, the global alpha-methylstyrene (AMS) market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among all the regions, the Asia-Pacific accounts for the largest market share. Chinese and Indian economies are among the most promising in terms of manufacturing and production. Alpha-methylstyrene (AMS) market growth in Asia-Pacific is being driven by the expanding industrialization of these regions and the growing automobile industry. Furthermore, North America also covers a substantial share in the market because of the increasing construction activities for infrastructural development purposes.
Impact of COVID-19 on Global Alpha-Methylstyrene (AMS) Market
The COVID-19 pandemic negatively impacted the global alpha-methylstyrene (AMS) market. The manufacturing and product operations of end-user industries, such as chemical intermediates, paint, coatings, perfumes, antioxidants, etc., were restricted due to lockdown and labor shortages. As a result, the demand for alpha-methylstyrene (AMS) fell indiscriminately, incurring severe losses to the market. Also, imports, exports, and distribution channels were restricted, resulting in unmet demand. Thus, it negatively affected the global alpha-methylstyrene (AMS) market.
Competitive Landscape
The leading players in the global alpha-methylstyrene (AMS) market are Altiva Corp., Cepsa, Mitsui Chemicals Inc, Ineos Phenol, AdvanSix, Rosneft, SI Group Inc, DOMO Chemicals, Kumho P&B Chemicals, Taiwan Prosperity Chemical Corp, Yangzhou Lida Chemicals, Mitsubishi Chemical Corporation, Solvay SA, Rhodia, Versalis SPA, Sunoco Chemicals, Parasol Chemicals Pvt. Ltd, The Plaza Group, Banner Chemicals Ltd, United Petrochemical Company, and other prominent players.
The market is highly fragmented, with the presence of various industry players. The market players focus on offering products at competitive prices and quality to improve their product penetration and expand their consumer base. Furthermore, the adoption of competitive strategies, such as partnerships, mergers, collaborations, acquisitions, etc., is very prominent in this market.
Don’t miss the business opportunity of the global alpha-methylstyrene (AMS) market. Consult our analysts to gain crucial insights and facilitate your business growth.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global alpha-methylstyrene (AMS) market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global alpha-methylstyrene (AMS) market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
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BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.
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Alpha-Methylstyrene Market Trends Study with Top Countries Data to Show Impressive Growth By Industry Demands, Share, Size, Key Player Analysis and Forecast Research
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.
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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Alpha-Methylstyrene (AMS) Market is Projected to Reach USD Million by 2027, at a CAGR of around 4.5%
According to BlueWeave Consulting, the global Alpha-Methylstyrene market worth USD 487 million in 2020 and is further projected to reach USD million by 2027, growing at a CAGR of around 4.5% during 2021-2027 (forecast period). Alpha-Methylstyrene (AMS) is a colorless liquid. It is produced as a by-product during Phenol production from Cumene oxidation. The impurities of Phenol, Cumene, and butyl-benzene are removed before using AMS. Major areas of application for AMS are waxes, paints, and coatings, perfumes, antioxidants, adhesives, chemical intermediates, etc.
Increasing use of Acrylonitrile butadiene styrene (ABS) had the largest share of the market and is likely to drive the market.
The major use of AMS is in the production of acrylonitrile-butadiene-styrene (ABS) resins, which accounts for more than 1/3rd of the total demand for AMS. The growing demand for ABS in the automotive and electronics sector is directly affecting the growth of the AMS market. Increasing investment in the electronics and automotive sector is going to raise the demand for ABS, which as a result will raise the demand for AMS.
Formation of carbon mono-oxide, when burnt, is a major restrain for market growth.
When burnt, alpha-methyl styrene produces carbon monoxide, toxic vapor, which leads to the formation of greenhouse gases. Carbon monoxide is also harmful to humans. AMS is also not compatible with strong oxidizing agents. When comes in contact with a human, AMS irritates eyes, throat, and skin. AMS vapor forms an explosive mixture with air.
Report URL: https://www.blueweaveconsulting.com/global-alpha-methylstyrene-(ams)-market
Acrylonitrile-butadiene-styrene (ABS) had the largest share of the AMS market and is likely to drive the market in the forecast period.
Alpha-methylstyrene (AMS) has many areas of application, such as Waxes, ABS, paints, and coatings, perfumes, antioxidants, adhesives, chemical intermediates, binding agents, cleaning products, etc. The major use of AMS is in the production of Acrylonitrile-butadiene-styrene (ABS). ABS is popular across industries all over the world due to its versatility. While butadiene provides toughness and strength, acrylonitrile adds thermal and chemical stability, and styrene adds a beautiful glossy finish. ABS also have high tensile strength and is resistant to physical strength and chemical corrosion. All these properties are encouraging the use of ABS and are driving the market.
Global Alpha-methylstyrene (AMS) Market: Regional insights
AMS market on a global level is divided into Asia-Pacific, North America, South America, Europe, and the Middle East. Europe is likely to lead the market in the forecast period due to heavy use of ABS in the automobile sector. North America, Asia-Pacific, and South America are likely to follow.
North America with high disposable income, sustained investment in the end-user industry, and constant demand for ABS, waxes, and adhesives, will witness the 2nd highest growth rate for the alpha-methylstyrene market.
Global Alpha-methylstyrene (AMS) Market: Competitive Landscape
The leading players for the global AMS market are Altiva Corp., Cepsa, Mitsui Chemicals Inc, Ineos Phenol, AdvanSix, Rosneft, SI Group Inc, DOMO Chemicals, Kumho P&B Chemicals, Taiwan Prosperity Chemical Corp, Yangzhou Lida Chemicals, Mitsubishi Chemical Corporation, Solvay SA, Rhodia, Versalis SPA, Sunoco Chemicals, Parasol Chemicals Pvt. Ltd, The Plaza Group, Banner Chemicals Ltd, United Petrochemical Company, and others are expanding their presence in the market by implementing various business strategies. Major players are engaged in mergers and acquisitions, expansion of their manufacturing facilities, infrastructural growth, investment in R&D facilities, and the quest for opportunities to expand vertically through the value chain.
Don’t miss the business opportunity of the Alpha-methylstyrene (AMS) market. Consult our analyst, gain crucial insights, and facilitate your business growth.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Alpha-methylstyrene (AMS) marketsize & forecast. The report promises to provide recent technology trends of the Alpha-methylstyrene (AMS) marketand industry insights that help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
About Us
BlueWeave Consulting provides all kinds of Market Intelligence (MI) Solutions to businesses regarding various products and services online & offline. We offer comprehensive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions company providing agile assistance to make your business endeavors successful.
#Alpha-Methylstyrene (AMS) Market#Alpha-Methylstyrene (AMS) Market Size#Alpha-Methylstyrene (AMS) Market Share#Alpha-Methylstyrene (AMS) Market Forecast#Alpha-Methylstyrene (AMS) Market Demand#Alpha-Methylstyrene (AMS) Market Growth
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Alpha-methylstyrene (AMS) Market Trending Insights With Region Specific Analysis 2020
Alpha-methylstyrene (AMS) Market Trending Insights With Region Specific Analysis 2020
JAN 08 2021: The global Alpha-methylstyrene (AMS) market was valued at $XX million in 2017, and Radiant Research analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028. This report provides detailed historical analysis of global market for Alpha-methylstyrene (AMS) from 2013-2018, and provides extensive market forecasts…
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Alpha Methylstyrene Market Size to Expand at a Notable CAGR of 4.6% During 2020 – 2023
Alpha-Methylstyrene Market: Information by Purity (<99%, >99%), Application (Resin [acrylonitrile-butadiene-styrene (ABS), Polyester, and Alkyd], Plasticizer, Adhesives, Waxes, Chemical Intermediate, Finishing Agents), and Region — Global Forecast till 2023
Key Players:
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.
Alpha-Methylstyrene 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.
Alpha-Methylstyrene Market To Expand at a Notable CAGR Of 4.6% During 2020 – 2023
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.
Alpha-Methylstyrene Market Segments:
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. Alpha-Methylstyrene Market 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.
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Alpha-Methylstyrene Market 2019: Growing Demand, Geographical Segmentation, Analysis of Leading Players by 2026
Global Alpha-Methylstyrene Market Overview
The Global Alpha-Methylstyrene Market report draws accurate insights by examining the latest and prospective industry trends, helping the readers recognize the products and services that are boosting revenue growth and profitability. The study performs a detailed analysis of all the significant factors impacting the market on a global and regional scale, including drivers, constraints, threats, challenges, prospects, and industry-specific trends. Additionally, the report cites worldwide certainties and endorsements, along with a downstream and upstream evaluation of leading participants.
Market Size – USD 461.4 Million in 2018, Market Growth - CAGR of 2.4%, Market Trends – Increase in demand for alpha-methylstyrene in the acrylonitrile butadiene styrene (ABS) Resin.
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Alpha-methylstyrene (AMS) is an intermediate co-monomer used in a range of polymerization processes to improve impact and heat resistance of the polymers, plasticizers, resins and others. AMS competes with styrene for its better characteristics and over which it is more stable and easier for the handling process. The demand for the Alpha-Methylstyrene are propelling owing to the increasing demand of the acrylonitrile butadiene styrene (ABS) thermoplastic polymer. ABS possesses the highest market in terms of revenue for AMS market with more than 26% of the overall market share in 2018. P-Cumylphenol, plasticizers, and waxes also add to the market growth substantially.
The Alpha-Methylstyrene market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, production capacity, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.
Leading Players in the Alpha-Methylstyrene Market:
Mitsubishi Chemical Holdings Corporation, Mitsui Chemicals, Inc., Versalis SPA, Taiwan Prosperity Chemical Corp., INEOS Group Holdings S.A., DOMO Chemicals, Yangzhou Lida Chemical Co. Ltd., AdvanSix Inc., Omskiy Kauchuk, and Altivia Corporation.
Competitive landscape
The Alpha-Methylstyrene Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies in order to increase their market share. The vendors engaged in the sector are outlined based on price, quality, brand, product differentiation, and product portfolio. The vendors are gradually expanding their focus on product personalization by way of customer interaction.
Alpha-Methylstyrene Market segment by Regions/Countries: United States, Europe, China, Japan, Southeast Asia, India, Central & South America.
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Segmentation:
Purity Outlook (Revenue, USD Million; 2016-2026)
Assay Above 99%
Assay Up To 99%
End-Use Market Outlook (Revenue, USD Million; 2016-2026)
Plastic Manufacturing
Textile Industry
Home Décor
Polish & Dye
Automotive Equipment
Water Treatment
Food Additives
Paper Molding
Adhesives & Coatings
Odorants
Others
Applications Outlook (Revenue, USD Million; 2016-2026)
Acrylonitrile Butadiene Styrene (ABS) Resin
P-Cumylphenol
Acrylic Resins
Waxes
Antioxidants
Plasticizers
Other Polymers
Points Covered in The Report:
A. The pivotal aspects considered in the Global Alpha-Methylstyrene Market report consist of the leading competitors functioning in the global sector.
B. The report also encompasses company profiles prominently positioned in the global market.
C. The production, sales, corporate strategies, and the technological capabilities of leading manufacturers are also contained within the report.
D. The driving factors for the growth of the Global Alpha-Methylstyrene Market are explained exhaustively, along with an in-depth account of the end-users in the industry.
E. The report also explains critical application areas of the global sector, curating an accurate description of the market to the readers/users.
F. The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of the industry experts and professionals. The experts also evaluate the export/import policies that might be propelling the growth of the Global Alpha-Methylstyrene Market.
G. The report on the Global Alpha-Methylstyrene Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Reasons for Buying Alpha-Methylstyrene Market Report:
A. The report performs an analysis of the dynamic competitive landscape that can help the reader/client move ahead in the global sector.
B. It also presents an in-depth view of the different factors driving or restraining the growth of the global market.
C. The Global Alpha-Methylstyrene Market report provides an eight-year forecast derived on the basis of the potential growth of the market.
D. It helps formulate profitable business decisions by offering thorough insights into the global market and by creating a comprehensive analysis of pivotal market segments and sub-segments.
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Global Alpha-Methylstyrene Market (AMS)
Global Alpha-Methylstyrene Market (AMS) was valued at US$ 398.0Mn in 2017 and is expected to reach US$ 571.0Mn by 2026, at a CAGR of 4.62% during a forecast period.
The major drivers of using alpha-methylstyrene includes in acrylonitrile-butadiene-styrene (ABS) resins that account for approximately one-third of the demand. The alpha-methylstyrene market is composed of growth on account of increasing disposable income all over the globe. The major factor driving the growth of the overall market includes a constant increase in disposable income across the world. The market has experienced a significant rise in the adoption of alpha-methylstyrene (AMS) as there is a very small investment cost associated with it as compared to the customary machines. Additionally, the alpha-methylstyrene market is expected to find new opportunities related to coatings and paints. The alpha-methylstyrene can grow as the more plasticizers, low molecular weighted, coatings, waxes and adhesives are in demand.
Also, the adhesives market is witnessing healthy growth, further enhancing the prospects of the alpha-methylstyrene market. However, the alpha-methylstyrene market is an incompatibility with strong oxidising agents such as mercury, copper and alkaline pesticides is a major restraint for the market growth. Acrylonitrile Butadiene Styrene (ABS) Resin segment is dominated by the global market in 2017 because of the high glass transition temperatures and high heat distortion of AMS. ABS (acrylonitrile-butadiene-styrene) market is rising at a CAGR of around 4.5% owing to its application in automotive and protective equipment that has increased product usage. Additional, its production output will rise with processes like the involvement of dehydrogenation in FSU.
These factors are expected to propel the alpha-methylstyrene market. North America market held the largest share of the global market in 2017 and is projected to register a significant CAGR over the forecast period owing to the rising demand for the product in the production of waxes. The USA is expected to contribute a major share to the regional market because of advanced R&D capabilities and extensive use of the product in the production of adhesives and coatings. The Asia Pacific is likely to be the fastest-growing regional alpha-methylstyrene 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 by reason of the increasing application of the product in plasticizers and automobiles. Recent Developments in the alpha-methylstyrene market, In Jan 2019 Mitsui Chemicals, Inc. announced its aim to begin the production of alpha-methylstyrene by 2020 at its Singapore-based subsidiary, Mitsui Phenols Singapore Pte. Ltd.
This development aims at catering to the increased demand for alpha-methylstyrene across the world owing to an increase in the consumption of ABS resins and petroleum resins in various end-use industries. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Alpha-Methylstyrene Market (AMS) dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Alpha-Methylstyrene Market (AMS).
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Scope of the Global Alpha-Methylstyrene Market (AMS)
Global Alpha-Methylstyrene Market (AMS), By Purity
• Assay Above 99.5% • Between 95% and 99.5%
Global Alpha-Methylstyrene Market (AMS), By Application
• Acrylonitrile Butadiene Styrene (ABS) Resin • Para-Cumylphenol • Adhesives & Coatings • Waxes • Others
Global Alpha-Methylstyrene Market (AMS), by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South America
Key players operating in Global Alpha-Methylstyrene Market (AMS)
• AdvanSix Inc. • INEOS Group Holdings S.A. • Cepsa • Rosneft • Mitsubishi Chemical Holdings Corporation • Solvay SA • Novapex • DOMO Chemicals • Omskiy Kauchuk • SI Group, Inc. • Prasol Chemicals Private Limited • Yangzhou Lida Chemical Co. Ltd. • Altivia Corporation • Mitsui Chemicals, Inc. • Kumho Petrochemical Co., Ltd. • Versalis SPA • Taiwan Prosperity Chemical Corp.
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Alpha-methylstyrene (AMS) Market Analysis, Growth Drivers, Trends and Forecast till 2026
The latest report on the Alpha-methylstyrene (AMS) Market offers detailed information about the industry based on the total revenue generated for the forecast period, 2018 - 2026.
The comprehensive study performs an in-depth analysis of the Alpha-methylstyrene (AMS) Industry and lays immense emphasis on the major driving forces and restraints expected to govern the overall business for the forecast period, 2018 - 2026. Most importantly, researchers assessing the business environment take a closer look at the past and present trends as well as the future prospect to offer business owners, stakeholders and field marketing executives an intellectual understanding of the winning strategies.
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The major players covered in this report:
· Ineos
· Honeywell
· SANORS
· Cepsa
· Novapex
· Taiwan Prosperity Chemical(TW)
· UPC(RU)
· Axiall(US)
· DOMO Chemicals(DE)
· Rhodia (Solvay)(FR)
· Misubshi Chemical(JP)
· "Omsky Kautchuk" OJSC
· SI Group
· Jilin Petrochemical
· Yalong Chemical
· Yangzhou Lida Chemical
In addition, the study on the Alpha-methylstyrene (AMS) Market for the forecast period, 2018 - 2026 quantifies the share occupied by the prominent players of the industry and enlightens the business owners from the fast-growing investment pockets and competitive landscape. Furthermore, the industry is classified into various segments with a detailed assessment of each and every aspect such as gross margin, profits, import and export status and others.
Market split by Type, can be divided into:
· Assay above 99.5%
· Other
Market split by Application, can be divided into:
· Plasticizers
· Resins (ABS/Polyester/Alkyd)
· Polymerization Production
· Other
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A lot about, the past and latest trends gaining momentum and shaping the future of the Alpha-methylstyrene (AMS) market is discussed. Assessment of major vendors incorporating state-of-the-art technology further enlightens business owners about the new means, medium and channels to enhance their product portfolio stay competitive in the Alpha-methylstyrene (AMS) market for the forecast period, 2018 - 2026.
The study objectives of this report are:
· To analyse and study the global Alpha-methylstyrene (AMS) capacity, production, value, consumption, status (2013-2017) and forecast (2018-2026);
· Focuses on the key Alpha-methylstyrene (AMS) manufacturers, to study the capacity, production, value, market share and development plans in future.
· Focuses on the global key manufacturers, to define, describe and analyse the market competition landscape, SWOT analysis.
· To define, describe and forecast the market by type, application and region.
· To analyse the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
· To analyse the opportunities in the market for stakeholders by identifying the high growth segments.
· To strategically profile the key players and comprehensively analyse their growth strategies.
Key Points from TOC:
Chapter 1 Alpha-methylstyrene (AMS) Market Overview
1.1 Alpha-methylstyrene (AMS) Definition
1.2 Global Alpha-methylstyrene (AMS) Market Size Status and Outlook (2013-2026)
1.3 Global Alpha-methylstyrene (AMS) Market Size Comparison by Region (2013-2026)
1.4 Global Alpha-methylstyrene (AMS) Market Size Comparison by Type (2013-2026)
1.5 Global Alpha-methylstyrene (AMS) Market Size Comparison by Application (2013-2026)
1.6 Global Alpha-methylstyrene (AMS) Market Size Comparison by Sales Channel (2013-2026)
1.7 Alpha-methylstyrene (AMS) Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/ Expansion)
Continue…
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Alpha-methylstyrene (AMS) Market ReportOn a global scale, the Alpha-methylstyrene (AMS) market is currently showing significant development. The Alpha-methylstyrene (AMS) market is experiencing a growth velocity due to the new product prototype versions, world market dynamics, topological variations, economic statistics, product demands and sales that is taking place in the present day. The innovative methods and market study have helped many of the major players , Ineos Phenol GmbH, AdvanSix(Honeywell), Cepsa, Novapex, DOMO Chemicals, Versalis (Eni), Rosneft(SANORS), Taiwan Prosperity Chemical, Misubshi Chemical, Altivia, Kumho P&B Chemicals, SI Group, Prasol Chemicals, Liwei Chemical to carve a name for them in the competitive market. The plethora of Alpha-methylstyrene (AMS) market analysis has helped detailed out each and every detail in a summary format for all the clients.Get 15 minutes of free Consultation and Get a quick, sample report today @https://www.promarketstatistics.com/sample-report/world-Alpha-methylstyrene-AMS-market-research-by-icrworldThe informative report mentions every bifurcation of the product types, end-users, regions, market segmentation, and more in depth knowledge. The geographical segmentation clearly helps to understand the development and growth of the Alpha-methylstyrene (AMS) market in various regions. The given Alpha-methylstyrene (AMS) market report provides customers with current and forecast trends.Why Purchase this Report:Analyzing the market outlook with the recent trends and SWOT analysisAlpha-methylstyrene (AMS) Market dynamics scenario with market growth opportunities in the futureMarket segmentation analysis including qualitative and quantitative research incorporating the economic and non-economic impactworld and country level market analysis integrating the demand and sales that are influencing the market growthMarket value and volume data for each segment and sub-segmentCompetitive landscape involving the market share of major players, along with strategies adopted by market players in the past five yearsComprehensive company profiles covering the product offerings, recent developments, key financial information, SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis, and strategies employed by major companies.Inquiry to get customization on report @https://www.promarketstatistics.com/check-discount/world-Alpha-methylstyrene-AMS-market-research-by-icrworldThe key insights of the report:The report provides key market statistics on the market status of the Alpha-methylstyrene (AMS) manufacturers and is an important source of guidance and direction for individuals and companies interested in the industry.The report provides industry overview including its definition, applications and manufacturing technology.The report presents the company profile, product specifications, production value, capacity, and 2013-2019 market shares for key market players.The total Alpha-methylstyrene (AMS) market report is further divided by company, by application, by type and by country for the competitive landscape analysis.The report estimates 2019-2024 market development trends of Alpha-methylstyrene (AMS) industry.Analysis of upstream raw materials, current market dynamics and downstream demandThe report makes some important proposals for a new project of Alpha-methylstyrene (AMS) Industry before evaluating its feasibility.Want more information? Talk to an expert now [email protected]
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Alpha-Methylstyrene (AMS) Market Size and Share is Growing at a CAGR of around 4.5% During 2021-2027 | BlueWeave
According to BlueWeave Consulting, the global Alpha-Methylstyrene market worth USD 487 million in 2020 and is further projected to reach USD million by 2027, growing at a CAGR of around 4.5% during 2021-2027 (forecast period). Alpha-Methylstyrene (AMS) is a colorless liquid. It is produced as a by-product during Phenol production from Cumene oxidation. The impurities of Phenol, Cumene, and butyl-benzene are removed before using AMS. Major areas of application for AMS are waxes, paints, and coatings, perfumes, antioxidants, adhesives, chemical intermediates, etc.
Increasing use of Acrylonitrile butadiene styrene (ABS) had the largest share of the market and is likely to drive the market.
The major use of AMS is in the production of acrylonitrile-butadiene-styrene (ABS) resins, which accounts for more than 1/3rd of the total demand for AMS. The growing demand for ABS in the automotive and electronics sector is directly affecting the growth of the AMS market. Increasing investment in the electronics and automotive sector is going to raise the demand for ABS, which as a result will raise the demand for AMS.
Formation of carbon mono-oxide, when burnt, is a major restrain for
market growth.
When burnt, alpha-methyl styrene produces carbon monoxide, toxic vapor, which leads to the formation of greenhouse gases. Carbon monoxide is also harmful to humans. AMS is also not compatible with strong oxidizing agents. When comes in contact with a human, AMS irritates eyes, throat, and skin. AMS vapor forms an explosive mixture with air.
Acrylonitrile-butadiene-styrene (ABS) had the largest share of the AMS market and is likely to drive the market in the forecast period.
Alpha-methylstyrene (AMS) has many areas of application, such as Waxes, ABS, paints, and coatings, perfumes, antioxidants, adhesives, chemical intermediates, binding agents, cleaning products, etc. The major use of AMS is in the production of Acrylonitrile-butadiene-styrene (ABS). ABS is popular across industries all over the world due to its versatility. While butadiene provides toughness and strength, acrylonitrile adds thermal and chemical stability, and styrene adds a beautiful glossy finish. ABS also have high tensile strength and is resistant to physical strength and chemical corrosion. All these properties are encouraging the use of ABS and are driving the market.
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Global Alpha-methylstyrene (AMS) Market: Regional insights
AMS market on a global level is divided into Asia-Pacific, North America, South America, Europe, and the Middle East. Europe is likely to lead the market in the forecast period due to heavy use of ABS in the automobile sector. North America, Asia-Pacific, and South America are likely to follow.
North America with high disposable income, sustained investment in the end-user industry, and constant demand for ABS, waxes, and adhesives, will witness the 2nd highest growth rate for the alpha-methylstyrene market.
Global Alpha-methylstyrene (AMS) Market: Competitive Landscape
The leading players for the global AMS market are Altiva Corp., Cepsa, Mitsui Chemicals Inc, Ineos Phenol, AdvanSix, Rosneft, SI Group Inc, DOMO Chemicals, Kumho P&B Chemicals, Taiwan Prosperity Chemical Corp, Yangzhou Lida Chemicals, Mitsubishi Chemical Corporation, Solvay SA, Rhodia, Versalis SPA, Sunoco Chemicals, Parasol Chemicals Pvt. Ltd, The Plaza Group, Banner Chemicals Ltd, United Petrochemical Company, and others are expanding their presence in the market by implementing various business strategies. Major players are engaged in mergers and acquisitions, expansion of their manufacturing facilities, infrastructural growth, investment in R&D facilities, and the quest for opportunities to expand vertically through the value chain.
Don’t miss the business opportunity of the Alpha-methylstyrene (AMS) market. Consult our analyst, gain crucial insights, and facilitate your business growth.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Alpha-methylstyrene (AMS) marketsize & forecast. The report promises to provide recent technology trends of the Alpha-methylstyrene (AMS) marketand industry insights that help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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Alpha-Methylstyrene (AMS) Market Overview Along with Competitive Landscape, Company Profiles with Product … Alpha-Methylstyrene (AMS) Market research 2018 report is a tool that provides analysis of various aspects of the industry, which assists the stakeholders to make well informed decisions.
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