Market Overview:
The global ethylbenzene market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for styrene from various end-use industries, such as automotive and construction. Ethylbenzene is used as a precursor for the production of styrene, which is widely used in manufacturing various plastic products. In addition, ethylbenzene finds application in other chemical production processes, such as alkylation and aromatization. These factors are expected to drive the growth of the global ethylbenzene market during the forecast period. On basis of type,the global ethylene benzenemarket can be segmented into three categories: AlCl3 liquid hydrocarbon method, zeolite gas catalystic method and zeolite liquid catalystic method. Of these segments,the AlCl3 liquid hydrocarbonmethod currently dominatesthe marketand isexpectedtogrow at a CAGRof 5%during therestof thereportperiod .
Product Definition:
Ethylbenzene is an organic compound with the formula C6H5CH2. It is a colorless liquid that is soluble in water and ethanol. Ethylbenzene occurs naturally as a component of crude oil and natural gas. It is produced industrially by the catalytic reforming of naphtha.
AlCl3 Liquid Hydrocarbon Method:
AlCl3 liquid hydrocarbon method is used to separate and purify ethylbenzene in petroleum refinery. This process involves the use of a catalyst, which enables separation of benzene from ethylbenzene. The by-product obtained in this process is named as “Alcohol”.
Zeolite Gas Catalystic Method:
The zeolite gas catalytic method is a process used for the production of ethylbenzene. It involves the use of solid oxide catalyst, which is generally generated by mixing potassium or sodium metal with silica sand. The mixture is then heated at a high temperature to generate gases such as oxygen and hydrogen, along with other products such as calcium sulfide and water.
Application Insights:
The global ethylbenzene market has been segmented on the basis of application into styrene production, chemical production, and other applications such as pharmaceuticals and dyes. Styrene is a key intermediate in the manufacture of plastics and resins which are used to produce various products including polystyrene (PS) foams, polyvinyl chloride (PVC), synthetic rubber, adhesives & sealants as well as coatings.
Styrene production dominated the global ethylbenzene demand accounting for over 45% of total consumption in 2015. The growth can be attributed to increasing demand from emerging economies such as China India Indonesia Vietnam etcetera for manufacturing styrenics based products that are widely used across several end-use industries globally due to their durability & high performance at a lower cost than natural materials like wood or bone china.
Regional Analysis:
Asia Pacific was the largest regional segment accounting for over 45% of the global ethylbenzene market in 2016. The region is expected to witness significant growth on account of rising demand from various end-use industries including plastic, chemical and others. China emerged as a major consumer in this region owing to its large population coupled with high economic development.
North America witnessed moderate growth on account of stringent government regulations regarding VOC emissions resulting into low demand for Zeolites based products in this region. However, strict government regulations have not hampered innovation and instead have spurred new product developments by companies such as Honeywell International Inc., which has led to an increase in consumption since 2011 when these new products were introduced globally.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and plastics is expected to drive the ethylbenzene market growth.
- Rising demand for high-quality products with better performance is also projected to fuel the ethylbenzene market growth in the near future.
- Stringent environmental regulations pertaining to VOCs emissions are likely to create opportunities for ethylbenzene producers in the coming years.
- Growing investments in R&D activities for developing new applications of ethylbenzene is anticipated to open up new avenues for this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethylbenzene Market Research Report
By Type
AlCl3 Liquid Hydrocarbon Method, Zeolite Gas Catalystic Method, Zeolite Liquid Catalystic Method
By Application
Styrene Production, Chemical Production, Other
By Companies
Chevron Philips Chemical Company, LyondellBasell Industries Holdings, Synthos S.A, Total, Versalis, Carbon Holdings, Changzhou Dohow Chemical, Shell, Qufu Xindi Chemical Research Limited Company, Chevron Philips Chemical Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Ethylbenzene Market Report Segments:
The global Ethylbenzene market is segmented on the basis of:
Types
AlCl3 Liquid Hydrocarbon Method, Zeolite Gas Catalystic Method, Zeolite Liquid Catalystic Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Styrene Production, Chemical Production, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chevron Philips Chemical Company
- LyondellBasell Industries Holdings
- Synthos S.A
- Total
- Versalis
- Carbon Holdings
- Changzhou Dohow Chemical
- Shell
- Qufu Xindi Chemical Research Limited Company
- Chevron Philips Chemical Company
Highlights of The Ethylbenzene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AlCl3 Liquid Hydrocarbon Method
- Zeolite Gas Catalystic Method
- Zeolite Liquid Catalystic Method
- By Application:
- Styrene Production
- Chemical Production
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ethylbenzene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ethylbenzene is a chemical compound with the formula C6H5CH3. It is a colorless, flammable liquid that has a sweet odor. Ethylbenzene is used in manufacturing various types of plastics and other materials.
Some of the key players operating in the ethylbenzene market are Chevron Philips Chemical Company, LyondellBasell Industries Holdings, Synthos S.A, Total, Versalis, Carbon Holdings, Changzhou Dohow Chemical, Shell, Qufu Xindi Chemical Research Limited Company, Chevron Philips Chemical Company.
The ethylbenzene market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ethylbenzene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ethylbenzene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ethylbenzene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ethylbenzene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ethylbenzene Market Size & Forecast, 2020-2028
4.5.1 Ethylbenzene Market Size and Y-o-Y Growth
4.5.2 Ethylbenzene Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 AlCl3 Liquid Hydrocarbon Method
5.2.2 Zeolite Gas Catalystic Method
5.2.3 Zeolite Liquid Catalystic Method
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Styrene Production
6.2.2 Chemical Production
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ethylbenzene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ethylbenzene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 AlCl3 Liquid Hydrocarbon Method
9.6.2 Zeolite Gas Catalystic Method
9.6.3 Zeolite Liquid Catalystic Method
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Styrene Production
9.10.2 Chemical Production
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 AlCl3 Liquid Hydrocarbon Method
10.6.2 Zeolite Gas Catalystic Method
10.6.3 Zeolite Liquid Catalystic Method
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Styrene Production
10.10.2 Chemical Production
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 AlCl3 Liquid Hydrocarbon Method
11.6.2 Zeolite Gas Catalystic Method
11.6.3 Zeolite Liquid Catalystic Method
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Styrene Production
11.10.2 Chemical Production
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 AlCl3 Liquid Hydrocarbon Method
12.6.2 Zeolite Gas Catalystic Method
12.6.3 Zeolite Liquid Catalystic Method
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Styrene Production
12.10.2 Chemical Production
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 AlCl3 Liquid Hydrocarbon Method
13.6.2 Zeolite Gas Catalystic Method
13.6.3 Zeolite Liquid Catalystic Method
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Styrene Production
13.10.2 Chemical Production
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ethylbenzene Market: Competitive Dashboard
14.2 Global Ethylbenzene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chevron Philips Chemical Company
14.3.2 LyondellBasell Industries Holdings
14.3.3 Synthos S.A
14.3.4 Total
14.3.5 Versalis
14.3.6 Carbon Holdings
14.3.7 Changzhou Dohow Chemical
14.3.8 Shell
14.3.9 Qufu Xindi Chemical Research Limited Company
14.3.10 Chevron Philips Chemical Company
