Ethylbenzene Market New Revenue Sources, Latest Trends and 2026 Threshold

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Ethylbenzene Market To Reach USD 27.74 Billion By
2027
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Market Summary
Surging demand for ethylbenzene in styrene
production is one of the significant factors
influencing market growth. Market Size USD
20.53 billion in 2018, Market Growth - CAGR of
3.3, Market Trends Increasing demand from the
building construction industry.
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Our Approach
Market Summary

• The global ethylbenzene market is expected to
  reach USD 27.74 Billion by 2027, according to a
  new report by Reports and Data. A significant
  proportion of ethylbenzene produced worldwide is
  utilized in the production of styrene. Products
  made from styrene provides exceptional benefits
  such as high performance, toughness, simplicity
  of production, flexible design, and economy along
  with the offering of sanitation, hygiene, and
  safety features. For instance, styrene finds
  application in the strengthening of military
  armor, cushioning of bicycle helmets, making of
  wind power turbines, reduction of coal plant
  emissions, and improvement of components deployed
  in making automotive lightweight and
  fuel-efficient. Moreover, it allows the
  production of high-performance and economical
  recreational products, including boats and other
  watercraft.
• Blocks made of polystyrene are implemented in the
  construction of buildings for providing permanent
  insulation for walls of buildings along with the
  roofs and floors. The distinctive feature of
  stacking and then filling the forms with
  concrete, of these blocks, allow for faster and
  cheaper construction of buildings (including
  residential, commercial, and industrial
  construction projects) as compared to typical
  brick and mortar buildings. Moreover, the block
  system aids in saving labor and time consumed in
  the completion of the project and the total
  construction costs.
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Our Approach
Market Summary

• Further key findings from the report suggest
• By application, styrene contributed to the
  largest market share in 2018 and is expected to
  grow at a rate of 3.4 in the forecast period.
  The high demand for styrene across the globe is
  owing to the growth of the packaging and
  construction industry, which has resulted from
  the growing demand for consumer goods and
  infrastructure facilities, particularly in
  developing regions such as Asia Pacific.
• By industry vertical, the packaging industry
  dominated the market in 2018 and is estimated to
  grow at a rate of 2.8 in the forecast period.
  Polystyrene, a polymer of styrene, finds usage in
  the packaging industry as it is lightweight,
  strong in compression and thus safeguards
  delicate objects in case of being crushed or
  dropped. Also, it is a very good insulator, which
  enables it a strong electrostatic attraction to
  other objects, causing it to stick to things
  easily.
• By distribution channel, offline channel held a
  larger market share in 2018.
• To identify the key trends in the industry, click
  on the link below https//www.reportsanddata.com/
  report-detail/ethylbenzene-market

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Our Approach
Market Summary

• Key participants include Chevron Philips Chemical
  Company, LyondellBasell Industries Holdings
  Limited, Versalis, Synthos, Carbon Holdings,
  Tianjin, Jixin, Industrial Trade Co. Ltd.,
  Changzhou Dohow Chemical Co. Ltd., Honeywell,
  Westlake Chemical Corporation, and Dow Chemicals,
  among others.
• For the purpose of this report, Reports and Data
  have segmented the global ethylbenzene market on
  the basis of application, industry vertical,
  distribution channel, and region
• Industry Vertical Outlook (Volume, Kilo Tons
  2016-2027 and Revenue, USD Million 2016-2027)
• Packaging
• Electrical Electronics
• Building Construction
• Consumer Products
• Others
• Distribution Channel Outlook (Volume, Kilo Tons
  2016-2027 and Revenue, USD Million 2016-2027)
• Online
• Offline

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Our Approach
Market Summary

• Application Outlook (Volume, Kilo Tons 2016-2027
  and Revenue, USD Million 2016-2027)
• Styrene
• Gasoline
• Natural Gas
• Asphalt
• Naphtha
• Others
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Our Approach
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