Title: Alpha Methyl Styrene Market trends research and projections for 2017 – 2024
1Alpha Methyl Styrene Market Price,
Packaging Trends, Industry Outlook Forecast
2017-2024
2Global Market Scenario of Alpha Methyl Styrene
Industry
- Alpha methyl styrene (AMS) or isopropyl benzene
is colourless liquid having sharp odour and used
as co monomer in various polymerisation processes
to improve impact and heat resistance of
products. These are produced as by product in
phenol production process of cumene oxidation. It
undergoes purification by continuous distillation
at reduced pressure to decrease cumene, phenol
and butyl benzene impurities. - Alpha Methyl Styrene Market size shall witness a
healthy growth in forecast period with
application in adhesives, resins, and chemical
intermediates. These are extensively used for
production of acrylonitrile butadiene styrene
(ABS) resins. ABS market is growing at a CAGR of
around 4.5 owing to its application in
automotive and protective equipment that has
increased product usage. Further, its production
output will increase with processes like
involvement of dehydrogenation in FSU. These
factors are expected to propel alpha methyl
styrene market. - Major restraint for alpha methyl styrene market
is its incompatibility with strong oxidising
agents such as mercury, copper and alkaline
pesticides.
3 Continue
- Based on application, alpha methyl styrene market
is segmented into ABS manufacturing, plastic
additive, adhesives, plasticizers, chemical
intermediate and others. These are primarily used
for production of ABS resins to impart heat
distortion property. ABS has major share and
accounts for around one third of its demand. It
finds application in diverse products like
lubricating oils, drying oils, antioxidants and
perfumes. - Reasons to Buy This Report
- 1. Alpha Methyl Styrene Market size
share forecast by product application,
2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Alpha Methyl Styrene Market growth
opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - North America led by the U.S. has significant
share in global alpha methyl styrene market with
its use in waxes. The region is second largest
producer of wax and is growing at a CAGR of
around 4.5, and is expected to increase the
product penetration. - Europe has substantial share with its application
for producing ABS. ABS industry is growing at a
CAGR above 6 owing to its usage in automobile
segment. Stringent government regulation for
reducing automobile weight is major factor for
its growth.
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