The global alpha-methylstyrene market is forecast to reach USD 591.3 Million by 2028, according to a new report by Reports and Data. Alpha-methylstyrene (AMS) is an intermediate co-monomer used in a range of polymerization processes to improve impact and heat resistance of the polymers, plasticizers, resins and others. AMS competes with styrene for its better characteristics and over which it is more stable and easier for the handling process. The demand for the Alpha-Methylstyrene are propelling owing to the increasing demand of the acrylonitrile butadiene styrene (ABS) thermoplastic polymer. ABS possesses the highest market in terms of revenue for AMS market with more than 26% of the overall market share in 2018. P-Cumylphenol, plasticizers, and waxes also add to the market growth substantially.
Asia Pacific region, being the global manufacturing hub for the plastic-based products and having the highest customer base of the consumer goods and appliance, is forecast to generate the highest revenue of USD 211.4 Million in the year 2026.
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Key participants include:
Mitsubishi Chemical Holdings Corporation, Mitsui Chemicals, Inc., Versalis SPA, Taiwan Prosperity Chemical Corp., INEOS Group Holdings S.A., DOMO Chemicals, Yangzhou Lida Chemical Co. Ltd., AdvanSix Inc., Omskiy Kauchuk, and Altivia Corporation.
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented the global alpha-methylstyrene market on the basis of the purity, end-use Market, applications, and region:
Purity Outlook (Revenue, USD Million; 2018-2028)
End-Use Market Outlook (Revenue, USD Million; 2018-2028)
Applications Outlook (Revenue, USD Million; 2018-2028)
Regional Outlook (Revenue, USD Million; 2018-2028)
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