Global Ethylbenzene Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Ethylbenzene Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Application (Styrene (Acrylonitrile-Butadiene-Styrene, Styrene-Acrylonitrile Resins, Styrene-Butadiene Elastomers and Latex, and Unsaturated Polyester Resins), Gasoline, Diethylbenzene, Natural Gas, Paint, and Asphalt and Naphtha), End-user Industry (Packaging, Electronics, Construction, Agriculture, Automotive, and Other End-user Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Ethylbenzene Market was valued at USD 23,110.8 million in 2023 and is expected to reach USD 29,504.2 million by 2031 while growing at a CAGR of 3.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global ethylbenzene market growth. Ethylbenzene, with the molecular formula C8H10, is an aromatic hydrocarbon characterized by a benzene ring, a six-carbon ring with alternating single and double bonds. Notably, ethylbenzene features an ethyl group (-C2H5) attached to one of the carbon atoms in the benzene ring.
Increasing growth in end-use industries and ongoing research and development in the chemical industry drive the ethylbenzene market. However, challenges such as health and environmental concerns, coupled with fluctuating raw material prices, may hinder market expansion.
Furthermore, the global ethylbenzene industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Application Analysis
The Global Ethylbenzene Market is segmented among Styrene, Gasoline, Diethylbenzene, Natural Gas, Paint, and Asphalt and Naphtha, based on Application. In 2023, Styrene accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End-user Industry Analysis
The Global Ethylbenzene Market is segmented among Packaging, Electronics, Construction, Agriculture, Automotive, and Other End-User Industries, based on End-user Industry. In 2023, Packaging accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Ethylbenzene Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Carbon Holdings Limited (Cairo), Changzhou Dohow Chemical Co. Ltd, Chevron Phillips Chemical Company LLC, Cos-Mar Company, Dow, Guangdong Wengjiang Chemical Reagent Co., Ltd., Honeywell International Inc, INEOS, J&K Scientific Ltd., and LyondellBasell Industries Holdings B.V.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Ethylbenzene Market Dynamics
Drivers
Restraints
Opportunity
4. Global Ethylbenzene Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Ethylbenzene Market Segmentation, By Application
Global Ethylbenzene Market Share Analysis, By Application
Global Ethylbenzene Market Growth Analysis, By Application
Global Ethylbenzene Market Trends, By Application
o Styrene
Ø Acrylonitrile-Butadiene-Styrene
Ø Styrene-Acrylonitrile Resins
Ø Styrene-butadiene elastomers and Latex
Ø Unsaturated Polyester Resins
o Gasoline
o Diethylbenzene
o Natural Gas
o Paint
o Asphalt and Naphtha
6. Global Ethylbenzene Market Segmentation, By End-user Industry
Global Ethylbenzene Market Share Analysis, By End-user Industry
Global Ethylbenzene Market Growth Analysis, By End-user Industry
Global Ethylbenzene Market Trends, By End-user Industry
o Packaging
o Electronics
o Construction
o Agriculture
o Automotive
o Other End-User Industries
7. Global Ethylbenzene Market Segmentation, By Region
Global Ethylbenzene Market Share Analysis, By Region
Global Ethylbenzene Market Growth Analysis, By Region
Global Ethylbenzene Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Carbon Holdings Limited (Cairo)*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Changzhou Dohow Chemical Co. Ltd
Chevron Phillips Chemical Company LLC
Cos-Mar Company
Dow
Guangdong Wengjiang Chemical Reagent Co., Ltd
Honeywell International Inc
INEOS
J&K Scientific Ltd.
LyondellBasell Industries Holdings B.V.
*Similar analysis will be provided for each company listed above.