Alpha-Methylstyrene Market Research Report – Global Forecast till 2027

Global 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 - Forecast till 2027

ID: MRFR/CnM/6061-HCR | February, 2021 | Region : Global

Market overview


According to MRFR analysis, Global Alpha Methylstyrene Market is estimated to reach USD 478.2 million by the end of 2025 at a healthy CAGR of 4.6%. Alpha-methylstyrene (AMS), with CAS No:98-83-9, is a colorless organic liquid with a strong aromatic odor. This compound is produced by partial oxidation of cumene. It is obtained as a by-product in the cumene-phenol manufacturing process. It is insoluble in water and offers better stability and handling properties than styrene. It can easily be copolymerized with monomers such as styrene, acrylates, and benzene. It is largely used in the production of acrylonitrile-butadiene-styrene (ABS) resin by preventing heat distortion.


The growing adoption of the product in the manufacturing of ABS resin is expected to be the major factor driving the growth of the global market in the coming years. In addition, the rising demand for AMS in automobile and protective gear manufacturing is also likely to favor the market growth during the review period. Stringent government regulations regarding environmental safety have led the manufacturers to reduce the overall weight of automobiles, which is expected to boost the demand for AMS. Increasing investments by the governments and private firms across the globe to produce lightweight solutions to be used in automobile manufacturing is projected to create lucrative opportunities for the market players during the review period. Furthermore, the growing emphasis of manufacturers on R&D to enhance the manufacturing process of AMS is also likely to offer immense growth opportunities to the manufacturers operating in the global alpha-methylstyrene market.


However, fluctuating raw material prices is expected to hinder global market growth in the coming years. Also, it is highly flammable, and on burning releases toxic gases such as carbon dioxide, which increases greenhouse gases.


Global Alpha-Methylstyrene Market Share, By Application, 2017 (%)


Alpha-Methylstyrene Market


Source: MRFR Analysis


Regional analysis:


The global alpha-methylstyrene market has been studied across five key regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.


North America dominated the global alpha-methylstyrene market in 2017 and is expected to register a significant CAGR in the coming years owing to the increasing use of AMS in the production of wax. The US is expected to be the leading market in the region due to the rising demand for the product in the coatings and adhesives industries. The Asia-Pacific market is expected to exhibit the highest CAGR during the forecast period owing to the growing use of AMS in the plastic and coatings industries. China is expected to be the major contributor to the growth of the regional market followed by Japan, India, and Australia & New Zealand. The European market held a significant market share in 2017 and is estimated to register a strong CAGR during the assessment period due to the growing use of AMS in the production of ABS resin. Germany is expected to be the leading market in the region owing to the presence of major manufacturers, such as Merck KGaA and DOMO Chemicals, followed by France, Spain, the UK, and Italy. The Latin American market held a moderate market share and is projected to exhibit a steady CAGR during the review period owing to the growing demand for the product in the production of adhesives and sealants. Mexico and Brazil are expected to be the major contributors to regional market growth. The Middle East & African market is expected to register a moderate CAGR during the forecast period owing to the increasing use of AMS in the production of plasticizers, used in the construction of skyscrapers. Saudi Arabia, UAE, and Egypt are expected to be the major contributors to the growth of the regional market.


Segmentation Analysis:


The global alpha-methylstyrene market has been segmented based on purity, application, and region.


On the basis of purity, the global alpha-methylstyrene market has been bifurcated into <99% and >99%.


Based on application, the global alpha-methylstyrene market has been classified into resins, plasticizer, adhesives, waxes, coatings, chemical intermediate, finishing agents, and others. Under the resin segment, the global alpha-methylstyrene market has been further segmented into acrylonitrile-butadiene-styrene (ABS), polyester, and alkyd.


By region, the global alpha-methylstyrene market has been studied for five key regions —Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.


Key players:


Some of the key players operating in the global alpha-methylstyrene market are 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).


Target Audience:



  • Benzene and Cumene Manufacturers

  • AMS Manufacturers

  • Distributors and Suppliers of AMS

  • Potential Investors

  • Research Institutes

  • Government Bodies

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

6. Global Alpha-Methylstyrene Market, by Purity

6.1 Introduction

6.2 <99%

6.2.1 Market Estimates & Forecast, 2020−2027

6.2.2 Market Estimates & Forecast, by Region, 2020−2027

6.3 >99%

6.3.1 Market Estimates & Forecast, 2020−2027

6.3.2 Market Estimates & Forecast, by Region, 2020−2027

7. Global Alpha-Methylstyrene Market, by Application

7.1 Introduction

7.2 Plasticizers

7.2.1 Market Estimates & Forecast, 2020−2027

7.2.2 Market Estimates & Forecast, by Region, 2020−2027

7.3 Adhesives

7.3.1 Market Estimates & Forecast, 2020−2027

7.3.2 Market Estimates & Forecast, by Region, 2020−2027

7.4 Resins

7.4.1 Market Estimates & Forecast, 2020−2027

7.4.2 Market Estimates & Forecast, by Region, 2020−2027

7.4.2.1 ABS

7.4.2.2 Polyester

7.4.2.3 Alkyd

7.5 Waxes

7.5.1 Market Estimates & Forecast, 2020−2027

7.5.2 Market Estimates & Forecast, by Region, 2020−2027

7.6 Coatings

7.6.1 Market Estimates & Forecast, 2020−2027

7.6.2 Market Estimates & Forecast, by Region, 2020−2027

7.7 Chemical Intermediate

7.7.1 Market Estimates & Forecast, 2020−2027

7.7.2 Market Estimates & Forecast, by Region, 2020−2027

7.8 Finishing Agents

7.8.1 Market Estimates & Forecast, 2020−2027

7.8.2 Market Estimates & Forecast, by Region, 2020−2027

7.9 Others

7.9.1 Market Estimates & Forecast, 2020−2027

7.9.2 Market Estimates & Forecast, by Region, 2020−2027

7.10 Others

7.10.1 Market Estimates & Forecast, 2020−2027

7.10.2 Market Estimates & Forecast, by Region, 2020−2027

8. Global Alpha-Methylstyrene Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020−2027

8.2.2 Market Estimates & Forecast, by Purity, 2020−2027

8.2.3 Market Estimates & Forecast, by Application, 2020−2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, 2020−2027

8.2.4.2 Market Estimates & Forecast, by Purity, 2020−2027

8.2.4.3 Market Estimates & Forecast, Application, 2020−2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020−2027

8.2.5.2 Market Estimates & Forecast, by Purity, 2020−2027

8.2.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020−2027

8.3.2 Market Estimates & Forecast, by Purity, 2020−2027

8.3.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, 2020−2027

8.3.4.2 Market Estimates & Forecast, by Purity, 2020−2027

8.3.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.5 France

8.3.5.1 Market Estimates & Forecast, 2020−2027

8.3.5.2 Market Estimates & Forecast, by Purity, 2020−2027

8.3.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.6 Italy

8.3.6.1 Market Estimates & Forecast, 2020−2027

8.3.6.2 Market Estimates & Forecast, by Purity, 2020−2027

8.3.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.7 Spain

8.3.7.1 Market Estimates & Forecast, 2020−2027

8.3.7.2 Market Estimates & Forecast, by Purity,2020−2027

8.3.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.8 UK

8.3.8.1 Market Estimates & Forecast, 2020−2027

8.3.8.2 Market Estimates & Forecast, by Purity,2020−2027

8.3.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.9 Russia

8.3.9.1 Market Estimates & Forecast, 2020−2027

8.3.9.2 Market Estimates & Forecast, by Purity,2020−2027

8.3.9.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.10 Poland

8.3.10.1 Market Estimates & Forecast, 2020−2027

8.3.10.2 Market Estimates & Forecast, by Purity, 2020−2027

8.3.10.3 Market Estimates & Forecast, by Application, 2020−2027

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast, 2020−2027

8.3.11.2 Market Estimates & Forecast, by Purity, 2020−2027

8.3.11.3 Market Estimates & Forecast, by Application, 2020−2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020−2027

8.4.2 Market Estimates & Forecast, by Purity, 2020−2027

8.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, 2020−2027

8.4.4.2 Market Estimates & Forecast, by Purity, 2020−2027

8.4.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.5 India

8.4.5.1 Market Estimates & Forecast, 2020−2027

8.4.5.2 Market Estimates & Forecast, by Purity, 2020−2027

8.4.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020−2027

8.4.6.2 Market Estimates & Forecast, by Purity, 2020−2027

8.4.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.7 Australia & New Zealand

8.4.7.1 Market Estimates & Forecast, 2020−2027

8.4.7.2 Market Estimates & Forecast, by Purity, 2020−2027

8.4.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020−2027

8.4.8.2 Market Estimates & Forecast, by Purity, 2020−2027

8.4.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020−2027

8.5.2 Market Estimates & Forecast, by Purity, 2020−2027

8.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.4 GCC

8.5.4.1 Market Estimates & Forecast, 2020−2027

8.5.4.2 Market Estimates & Forecast, by Purity, 2020−2027

8.5.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.5 Israel

8.5.5.1 Market Estimates & Forecast, 2020−2027

8.5.5.2 Market Estimates & Forecast, by Purity, 2020−2027

8.5.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.6 North Africa

8.5.6.1 Market Estimates & Forecast, 2020−2027

8.5.6.2 Market Estimates & Forecast, by Purity, 2020−2027

8.5.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.7 Turkey

8.5.7.1 Market Estimates & Forecast, 2020−2027

8.5.7.2 Market Estimates & Forecast, by Purity, 2020−2027

8.5.7.3 Market Estimates & Forecast, by Application, 2020−2027

8.5.8 Rest of Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020−2027

8.5.8.2 Market Estimates & Forecast, by Purity, 2020−2027

8.5.8.3 Market Estimates & Forecast, by Application, 2020−2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020−2027

8.6.2 Market Estimates & Forecast, by Purity, 2020−2027

8.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020−2027

8.6.4.2 Market Estimates & Forecast, by Purity, 2020−2027

8.6.4.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020−2027

8.6.5.2 Market Estimates & Forecast, by Purity, 2020−2027

8.6.5.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020−2027

8.6.6.2 Market Estimates & Forecast, by Purity, 2020−2027

8.6.6.3 Market Estimates & Forecast, by Application, 2020−2027

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020−2027

8.6.7.2 Market Estimates & Forecast, by Purity, 2020−2027

8.6.7.3 Market Estimates & Forecast, by Application, 2020−2027

9. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis (Expansion/Mergers & Acquisitions/Joint Ventures/New Product Development/Agreements/Investments)

10. Company Profiles

10.1 Solvay

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Strategy

10.1.5 Key Developments

10.1.6 SWOT Analysis

10.2 INEOS

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Strategy

10.2.5 Key Developments

10.2.6 SWOT Analysis

10.3 Honeywell International Inc.

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Strategy

10.3.5 Key Developments

10.3.6 SWOT Analysis

10.4 SI Group, Inc

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Strategy

10.4.5 Key Developments

10.4.6 SWOT Analysis

10.5 Altivia

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Strategy

10.5.5 Key Developments

10.5.6 SWOT Analysis

10.6 Mitsubishi Chemical Corporation

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Strategy

10.6.5 Key Developments

10.6.6 SWOT Analysis

10.7 DOMO Chemicals

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Strategy

10.7.5 Key Developments

10.7.6 SWOT Analysis

10.8 Sunoco Chemicals

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Strategy

10.8.5 Key Developments

10.8.6 SWOT Analysis

10.9 Merck KGaA

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Strategy

10.9.5 Key Developments

10.9.6 SWOT Analysis

10.10 Prasol Chemicals Pvt Ltd

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Strategy

10.10.5 Key Developments

10.10.6 SWOT Analysis

10.11 The Plaza Group

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Strategy

10.11.5 Key Developments

10.11.6 SWOT Analysis

10.12 Banner Chemicals Limited

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Strategy

10.12.5 Key Developments

10.12.6 SWOT Analysis

11. Conclusion

LIST OF TABLES

Table 1 Global Alpha-Methylstyrene Market: by Region, 2020−2027

Table 2 North America: Alpha-Methylstyrene Market, by Country, 2020−2027

Table 3 Europe: Alpha-Methylstyrene Market, by Country, 2020−2027

Table 4 Asia-Pacific: Alpha-Methylstyrene Market, by Country, 2020−2027

Table 5 Middle East & Africa: Alpha-Methylstyrene Market, by Country, 2020−2027

Table 6 Latin America: Alpha-Methylstyrene Market, by Country, 2020−2027

Table 7 Global Alpha-Methylstyrene Purity Market, by Regions, 2020−2027

Table 8 North America: Alpha-Methylstyrene Purity Market, by Country, 2020−2027

Table 9 Europe: Alpha-Methylstyrene Purity Market, by Country, 2020−2027

Table10 Asia-Pacific: Alpha-Methylstyrene Purity Market, by Country, 2020−2027

Table11 Middle East & Africa: Alpha-Methylstyrene Purity Market, by Country, 2020−2027

Table12 Latin America: Alpha-Methylstyrene Purity Market, by Country, 2020−2027

Table13 Global Alpha-Methylstyrene Application Market, by Regions, 2020−2027

Table14 North America: Alpha-Methylstyrene Application Market, by Country, 2020−2027

Table15 Europe: Alpha-Methylstyrene Application Market, by Country, 2020−2027

Table16 Asia-Pacific: Alpha-Methylstyrene Application Market, by Country, 2020−2027

Table17 Middle East & Africa: Alpha-Methylstyrene Application Market, by Country, 2020−2027

Table18 Latin America: Alpha-Methylstyrene by Application Market, by Country, 2020-2027

Table19 Global Purity Market, by Region, 2020−2027

Table20 Global Application Market, by Region, 2020−2027

Table21 North America: Alpha-Methylstyrene Market, by Country, 2020−2027

Table22 North America: Alpha-Methylstyrene Market, by Purity, 2020−2027

Table23 North America: Alpha-Methylstyrene Market, by Application, 2020−2027

Table24 Europe: Alpha-Methylstyrene Market, by Country, 2020−2027

Table25 Europe: Alpha-Methylstyrene Market, by Purity, 2020−2027

Table26 Europe: Alpha-Methylstyrene Market, by Application, 2020−2027

Table27 Asia-Pacific: Alpha-Methylstyrene Market, by Country, 2020−2027

Table28 Asia-Pacific: Alpha-Methylstyrene Market, by Purity, 2020−2027

Table29 Asia-Pacific: Alpha-Methylstyrene Market, by Application, 2020−2027

Table30 Middle East & Africa: Alpha-Methylstyrene Market, by Country, 2020−2027

Table31 Middle East & Africa: Alpha-Methylstyrene Market, by Purity, 2020−2027

Table32 Middle East & Africa: Alpha-Methylstyrene Market, by Application, 2020−2027

Table33 Latin America: Alpha-Methylstyrene Market, by Country, 2020−2027

Table34 Latin America: Alpha-Methylstyrene Market, by Purity, 2020−2027

Table35 Latin America: Alpha-Methylstyrene Market, by Application, 2020−2027

LIST OF FIGURES

FIGURE 1 Global Alpha-Methylstyrene Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Alpha-Methylstyrene Market

FIGURE 4 Value Chain of Global Alpha-Methylstyrene Market

FIGURE 5 Global Alpha-Methylstyrene Market, 2020−2027, by Country, 2020

FIGURE 6 Share of Global Alpha-Methylstyrene Market, by Purity, 2020−2027

FIGURE 7 Global Alpha-Methylstyrene Market Size, by Purity, 2020

FIGURE 8 Share of Global Alpha-Methylstyrene Market, by Purity, 2020−2027

FIGURE 9 Global Alpha-Methylstyrene Market Size, by Application, 2020

FIGURE10 Share of Global Alpha-Methylstyrene Market, by Application, 2020−2027

Alpha Methylstyrene Market