The report is designed to provide a holistic view of the Ethylbenzene Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.
Data Bridge Market Research analyses that the global ethylbenzene market which was USD 3.28 billion in 2022, is expected to reach USD 4.43 billion by 2030, and is expected to undergo a CAGR of 3.83% during the forecast period 2022-2030.
Top Companies in theEthylbenzene Market
Cepsa (Spain), Deten Quimica S.A. (Brazil), Chevron Phillips Chemical Company (U.S), Honeywell International Inc (U.S.), Huntsman International LLC. (U.S.), Reliance Industries Limited (India), Jingtung Petrochemical Corp., Ltd (China), SASOL (South Africa), PT Unggul Indah Cahaya Tbk (Indonesia), Desmet Ballestra (France), Farabi Petrochemicals Co. (Saudi Arabia), S.B.K HOLDING (U.A.E), Indian Oil Corporation Ltd (India), Qatar Petroleum (Qatar), JXTG Nippon Oil & Energy Corporation (Japan), and ISU Chemical (South Korea)
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This report segments theEthylbenzene Marketare:
Type
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AICI3 Liquid Hydrocarbon Method
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Zeolite Gas Catalystic Method
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Zeolite Liquid Catalysitc Method
Product
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Purity >99%
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Purity >98%
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Others
Application
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Styrene
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Gasoline
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Diethylbenzene
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Natural Gas
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Plastics
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Rubber/Latex
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Paints
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Asphalt & Naphtha
End-User
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Packaging
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Electronics
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Construction
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Agriculture
Drivers
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Ethylbenzene is Being Used More Often to Make Styrene
The widespread use of ethyl benzene in the manufacture of styrene will spur an increase in demand. Styrene is a precursor to several chemicals, including acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN), resins, polystyrene, acrylonitrile butadiene, styrene protective coatings, SBR, and styrene polyester, which will drive the expansion of the ethylbenzene industry in the next ten years. The main factors influencing the growth of the ethylbenzene market are the rising demand for styrene from various end-user industries and the rising use of ethylbenzene in the recovery of natural gas. Additionally, ethylbenzene demand is predicted to rise throughout the course of the forecast period due to the widespread usage of styrene-based polymers, elastomers, and resins in a variety of end-user sectors, including electronics, packaging, agriculture, petrochemicals, and construction.
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The Global Gasoline Market's Rising Demand
The expansion of ethylbenzene in fuel effectively reduces the knocking of the internal combustion (IC) engines. The fuel's octane value is also increased above normal levels, making it one of the most efficient fuels available. The development of efficient fuels has begun in response to the rising demand for gasoline globally. The development of ethylbenzene as a fuel efficiently satisfies this desire for more modern fuels, which in turn is propelling the ethylbenzene market.
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A reliableEthylbenzene Marketsurvey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winningEthylbenzene Marketreport.
Significant Features that are under Offering and Key Highlights of the
Reports:
-Detailed overview ofEthylbenzene Market
-Changing theEthylbenzene Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projectedEthylbenzene Marketsize in terms of volume and value
Recent industry trends and developments
-Competitive landscape ofEthylbenzene Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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