Ethylbenzene Market Size, Share & Industry Analysis, By Application (Styrene, Gasoline, Diethyl Benzene, Natural Gas), By End-User Industry (Packaging, Electronics, Construction, Agriculture) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105313 | Status : Ongoing

KEY INDUSTRY INSIGHTS

The global ethylbenzene market size is expected to develop due to the rising product demand for the production of styrene during the projected period. Ethylbenzene is an organic monocyclic aromatic compound with chemical formula C₆H₅CH₂CH₃. It is a colorless, flammable liquid with gasoline-like odor. It is highly employed in petrochemical industry as an intermediate in the production of styrene and used as precursor of polystyrene. It is produced commercially by combining benzene and ethylene. Increasing application of ethylbenzene as anti-knocking agent in gasoline is expected to drive the market.

Increasing demand for polystyrene, styrene and styrene based polymers shall positively influence the market. The adoption of polystyrene in packaging and consumer goods applications is one of the factor driving the market growth. Additionally, increasing demand for anti-knocking agents employed as fuel additives for gasoline and other fuels shall boost the demand for ethylbenzene.

However, ethylbenzene is a classified as a possible carcinogen by the International Agency of Research on Cancer (IARC). This is expected to act as limiting factor for market growth.

Key Market Driver -

Extensive use of ethylbenzene for production of styrene.

Key Market Restraint -

Harmful effects associated with ethylbenzene

Market Segmentation:

Based on application, market is segmented into Styrene, Gasoline, Diethyl benzene, Natural Gas, Paint, and Asphalt and Naphtha. Based on end-user industry, market is segmented into Packaging, Electronics, Construction, Agriculture, Automotive and Other.

From a geographical standpoint, the ethylbenzene industry is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global ethylbenzene market consists of global & regional players operating. Some of the key players in the market include LyondellBasell Industries Holdings B.V., INEOS, Chevron Phillips Chemical Company LLC, Tianjin Jixin Industrial & Trade, Honeywell International Inc, and Dow, and others.

Key Insights

New Advancements in Production Technologies

Key Trends in the Ethylbenzene Market

New Product Launches, Expansions, Key Players

Ranking of Key Players in the Ethylbenzene Market

Regional Analysis:

The ethylbenzene market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to dominate in forecast period. Increasing demand from packaging and construction sector. Large manufacturing base of solvents and chemicals in China, India, South Korea and other countries shall significantly drive the regional market. North America is expected to hold significant share attributed to increasing demand for polystyrene in constructional activities. Europe is anticipated to show significant rise in demand for automotive paints and coatings which in turn is driving ethylbenzene market. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

To gain extensive insights into the market, Request for Customization

Ethylbenzene Market Segmentation

ATTRIBUTE	DETAILS
By Application	Styrene Gasoline Diethyl Benzene Natural Gas Paint Asphalt Naphtha
By End-User Industry	Packaging Electronics Construction Agriculture Automotive Other
By Geography	North America (U.S., and Canada) Europe (Germany, UK, France, Italy, and Rest of Europe) Asia Pacific (China, India, Japan, and Rest of Asia Pacific) Latin America (Mexico, Brazil, and Rest of Latin America) Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)

Ethylbenzene Industry Developments

In June 2019, INEOS proposed a petroleum expansion for ethylbenzene and styrene monomer of USD 803 million in La Porte.

REQUEST SAMPLE

SPEAK TO ANALYST

PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

Multi-report Purchase Plan

Chemicals & Materials Clients

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry

Get in Touch with Us

US +1 833 909 2966 ( Toll Free )

UK +44 808 502 0280 ( Toll Free )
+91 744 740 1245 (APAC)
[email protected]