PUBLISHER: Lucintel | PRODUCT CODE: 1456060
PUBLISHER: Lucintel | PRODUCT CODE: 1456060
Ethylbenzene Trends and Forecast
The future of the global ethylbenzene market looks promising with opportunities in the packaging, electronic, construction, automotive, and agriculture markets. The global ethylbenzene market is expected to reach an estimated $23.8 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are rising applications of ethylbenzene for petrochemical manufacturing across the globe, the increase usage of ethyl benzene for the production of styrene, and stringent environmental regulations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ethylbenzene by Segment
The study includes a forecast for the global ethylbenzene by type, application, end use, and region.
List of Ethylbenzene Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ethylbenzene companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ethylbenzene companies profiled in this report include-
Ethylbenzene Market Insights
Lucintel forecasts that styrene will remain the largest segment over the forecast period because it forms the building block for key industrial polymers like abs, polystyrene, sbr rubber, latex, san resins, and unsaturated polyester.
APAC will remain the largest region over the forecast period due to rapid rise in construction and packaging industries and growing applications as solvents and reagents in paints and coatings, dyes, perfumes, inks, and synthetic rubber in the region.
Features of the Global Ethylbenzene Market
Market Size Estimates: Ethylbenzene market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ethylbenzene market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Ethylbenzene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the ethylbenzene market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ethylbenzene market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the ethylbenzene market size?
Answer: The global ethylbenzene market is expected to reach an estimated $23.8 billion by 2030.
Q2. What is the growth forecast for ethylbenzene market?
Answer: The global ethylbenzene market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the ethylbenzene market?
Answer: The major drivers for this market are rising applications of ethylbenzene for petrochemical manufacturing across the globe, the increase usage of ethyl benzene for the production of styrene, and stringent environmental regulations.
Q4. What are the major segments for ethylbenzene market?
Answer: The future of the global ethylbenzene market looks promising with opportunities in the packaging, electronic, construction, automotive, and agriculture markets.
Q5. Who are the key ethylbenzene market companies?
Answer: Some of the key ethylbenzene companies are as follows:
Q6. Which ethylbenzene market segment will be the largest in future?
Answer: Lucintel forecasts that styrene will remain the largest segment over the forecast period because it forms the building block for key industrial polymers like abs, polystyrene, sbr rubber, latex, san resins, and unsaturated polyester.
Q7. In ethylbenzene market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rapid rise in construction and packaging industries and growing applications as solvents and reagents in paints and coatings, dyes, perfumes, inks, and synthetic rubber in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.