Ethylbenzene is a flammable, colorless liquid chemical compound. Ethylbenzene can be found naturally in coal tar and petroleum. In the large scale production of ethylbenzene, it is produced by a combination of benzene and ethylene in a chemical reaction which is being catalyzed by acid. Ethylbenzene is used as an intermediate in the production of styrene, as anti-knock agent in gasoline, etc. Ethylbenzene can also be found in different products such as pesticides, paints, inks, and others. It can also be used in the recovery of natural gas. Industries such as packaging, electronics, construction, etc. have extensive usage of ethylbenzene.
MARKET DYNAMICS
The extensive usage of ethylbenzene for the production of styrene will drive the demand growth for ethylbenzene market. Furthermore, growing demand for the ethylbenzene for packaging and low-cost consumer products will further suffice the demand growth for the ethylbenzene market. Predominantly, health issues related to high exposure to the ethylbenzene can hamper the ethylbenzene market. However, growing ethylbenzene utilization in pesticides will create opportunities for ethylbenzene market.
MARKET SCOPE
The "Ethylbenzene Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ethylbenzene market with detailed market segmentation by application, end-user industry and region. The ethylbenzene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethylbenzene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The ethylbenzene market is segmented on the basis of application, end-user industry. On the basis of application, the ethylbenzene market is segmented into, styrene, gasoline, diethylbenzene, natural gas, paint, asphalt & naphtha. On the basis of end user industry, the ethylbenzene market is segmented into, packaging, electronics, construction, agriculture.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the ethylbenzene market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ethylbenzene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the ethylbenzene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ethylbenzene market in these regions.
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MARKET PLAYERSThe reports cover key developments in the ethylbenzene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ethylbenzene market are anticipated to lucrative growth opportunities in the future with the rising demand for ethylbenzene in the global market. Below mentioned is the list of few companies engaged in the ethylbenzene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ethylbenzene market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-BASF SE
-Carbon Holdings
-Eni Versalis
-Exxon Mobil Corporation
-Honeywell UOP
-LyondellBasell Industries N.V.
-Parchem fine & specialty chemicals
-Royal Dutch Shell Plc
-The Dow Chemical Company
-Zhonglan Industry Co.,Ltd.
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