Ethylbenzene Market Industry Analysis and Opportunity and Forecast to 2030

 

Data Bridge Market Research analyses that the global ethylbenzene market which was USD 3.28 billion in 2023, is expected to reach USD 4.43 billion by 2030, and is expected to undergo a CAGR of 3.83% during the forecast period 2023-2030. “Styrene” dominates the application segment of the global ethylbenzene market due to The main drivers of the segment's growth include the expanding usage of various styrene-based polymers, elastomers, and resin in a variety of end-user sectors, including electronics, packaging, agriculture, petrochemicals, and construction. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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Market Analysis and Insights 

A monocyclic organic molecule with the chemical formula C6H5CH2CH3, ethylbenzene is an organic substance. It is a flammable, white liquid with a smell reminiscent of gasoline. It is extensively utilized in the petrochemical sector as a manufacturing intermediary for styrene and as a polystyrene precursor. Commercial production of it involves blending benzene and ethylene. The market is anticipated to be driven by the growing use of ethylbenzene as an anti-knocking ingredient in gasoline. Ethylbenzene is a transparent, flammable liquid that is produced commercially by the catalysed reaction of ethylene and benzene at around 40 pressure and temperatures around 250 °C. It smells a lot like gasoline. The substance is frequently utilized as a starting point to make styrene monomer. The substance is produced for industrial use by mixing ethylene and benzene in an acid-catalyzed process; it is found naturally in coal tar and petroleum.

 

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Ethylbenzene  Market Scope

The ethylbenzene market is segmented on the basis of type, product, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications

Type

  • AICI3 Liquid Hydrocarbon Method
  • Zeolite Gas Catalystic Method
  • Zeolite Liquid Catalysitc Method

Product

  • Purity >99%
  • Purity >98%
  • Others

Application

  • Styrene
  • Gasoline
  • Diethylbenzene
  • Natural Gas
  • Plastics
  • Rubber/Latex
  • Paints
  • Asphalt & Naphtha

End-User

  • Packaging
  • Electronics
  • Construction
  • Agriculture

 

Competitive Landscape and Ethylbenzene  Market Share Analysis

The global ethylbenzene market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ethylbenzene market.

Some of the major players operating in the global ethylbenzene market are:

  • 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)
  • ISU Chemical (South Korea)

 

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