Global Alpha-Methylstyrene Market
Alpha-Methylstyrene Market Size And Forecast
According to Verified Market Research, the Global Alpha-Methylstyrene Market was valued at USD 441.8 Million in 2018 and is projected to reach USD 508.7 Million by 2026, growing at a CAGR of 1.8% from 2019 to 2026.
Global Alpha-Methylstyrene Market Outlook
Rising demand for acrylonitrile butadiene styrene (ABS) resins due to the growth of the electronics & automotive industry is the major factor expected to stimulate the growth of the global alpha-methylstyrene market. High levels of growth for the product due to its several applications in the manufacturing of other chemicals especially from the developing region and rising investments undertaken by the manufacturers to enhance manufacturing process. These factors are also expected to further boost the market growth. On the other hand, concerns regarding its compatibility with oxidizing agents, fluctuating and vulnerable nature of raw materials prices are some of the major factors that might limit the market growth.
Global Alpha-Methylstyrene Market Competitive Landscape
The Global Alpha-Methylstyrene Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Solvay SA, Rosneft, AdvanSix Inc., Cepsa, INEOS Group Holdings S.A., Kumho Petrochemical Co., Ltd., Mitsubishi Chemical Holdings Corporation, Mitsui Chemicals, Inc., Versalis SPA, and Taiwan Prosperity Chemical Corp.
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