Global Alpha-Methylstyrene Market (2021-2026) by Applications, Purity, End Users, and Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis

The Global Alpha-Methylstyrene Market is estimated to be USD 610.23 Mn in 2021 and is expected to reach USD 775.12 Mn by 2026, growing at a CAGR of 4.9%.

Market Dynamics

Demand for ABS resins in Protective Gear, Electronic and Automotive Sector is expected to drive the Global Alpha-Methylstyrene market. Alpha-Methylsyrene has wide application in the Chemical industry. However, the incompetence of Alpha-Methylstryrene with strong oxidizing agents such as copper and mercury hinders the growth of the Global Alpha-Methylstyrene Market. Alpha-Methylstryrene produces numerous hazardous by-products and fluctuation in the price of raw material restraints of the Global Alpha-Methystyrene market.
Alpha-Methylstyrene is increasingly useful in consumer goods such as perfumes, oils, deodorants, etc. Exploring shale oil and Tight oil will create Global Alpha Methylstyrene Market opportunities. Overcoming adverse effects on health with the increasing use of Alpha-Methylstyrene in the consumable product will be challenging for the Global Alpha-Methylstyrene Market.

Market Segmentation

The Global Alpha-Methylstyrene Market is segmented further based on Applications, Purity, End Users, and Geography.

By Application, the market is classified into Acrylonitrile Butadiene Styrene (ABS) Resin, Adhesives & Coatings, Para-Cumylphenol, Waxes, and Others. Acrylonitrile Butadiene Styrene (ABS) is the Fastest Growing Application Segment closely followed by Para-Cumylphenol Market.

By Purity, the market is classified as Assay Above 99.5% and Between 95%-99.5%. Assay Above 99.5% dominates the Global AMS Market. Use of Assay Between 95%-99.5% in ABS, Styrene-Butadiene Rubber, and Adhesives Expected to Drive the market

By End-Users, the market is classified into Plastic Manufacturing, Textile Industry, Home Décor, Polish and Dye, Automotive Industry, Water Treatment, Additives in Food Industry, Paper Moulding, Adhesive and Coating, Odorants Etc.

By Geography, North America is projected to lead the market.

Recent Developments

1. ALTIVIA Acquires KMCO's Crosby, Texas Facility-6th January 2020
2. SI Group to sell industrial resins business to ASK Chemicals-3rd August 2021

Company Profiles

Some of the companies covered in this report are INEOS Group Holding, AdvanSix, Rosneft, Altivia, Sunoco, Cepsa, etc.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Alpha-Methylstyrene Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

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