Ethylbenzene Market 2020- 2027

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Ethylbenzene Market To Reach USD 27.74 Billion By
2027
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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.
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Our Approach
Market Summary

• Further key findings from the report suggest
• By distribution channel, offline channel held a
  larger market share in 2018.
• 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.
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Our Approach
Market Summary

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

• Regional Outlook (Volume, Kilo Tons 2016-2027
  and Revenue, USD Million 2016-2027)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
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About Us
Our Approach
About Us

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