The global ethylbenzene market is expected to secure US$ 31 Billion while exhibiting a 3.5% growth rate during the forecast period. The market is estimated at US$ 21.3 Billion in 2021 and US$ 21.9 Billion in 2022. The growth of the market can be attributed to the extensive usage of ethylbenzene for the production of styrene.

The increasing use of ethylbenzene in end-use industries such as packaging, electronics, construction, and agriculture is expected to boost the growth of the global ethylbenzene market during the forecast period. From 2015 to 2021, the market for ethylbenzene grew at a CAGR of 2.6%, closing at a value of US$ 21.3 Billion.  As of 2022, the industry is likely to reach US$ 21.9 Billion.

On the contrary, the increasing concerns related to ethylbenzene hazards are expected to hinder market expansion in the coming time. In addition to it, stringent rules and regulations of various governments regarding the usage of ethylbenzene are other factors projected to hamper the industry growth in the forecast period.

Leading Companies Profiled in Ethylbenzene Market are

  • IHS Inc.,
  • International Finance Corporation,
  • 3E Company,
  • CMO Software,
  • Enablon North America Corporation

Drivers and Challenges Have an Impact on Market Dynamics, which can Impact Businesses. Find more Insights in a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-14709

Competitive Analysis

Eminent players in the global ethylbenzene market include IHS Inc., International Finance Corporation, 3E Company, CMO Software, and Enablon North America Corporation, among others. In addition, the vendors are likely to leverage upgradation and product differentiation to gain an edge over other competitors in the market.

Key Segments Covered in the Ethylbenzene Industry Survey

Ethylbenzene Market by Application:

  • Ethylbenzene for Gasoline
  • Ethylbenzene for Diethylbenzene
  • Ethylbenzene for Natural Gas
  • Ethylbenzene for Paint
  • Ethylbenzene for Asphalt and Naphtha

Ethylbenzene Market by End User Industry:

  • Ethylbenzene in Packaging
  • Ethylbenzene in Electronics
  • Ethylbenzene in Construction
  • Ethylbenzene in Automotive
  • Ethylbenzene in Agriculture
  • Ethylbenzene in others.

Ethylbenzene Market by Region:

  • North America Ethylbenzene Market
  • Europe DNA Ethylbenzene Market
  • Asia-Pacific DNA Ethylbenzene Market
  • Middle East & Africa Ethylbenzene Market
  • Latin America Ethylbenzene Market

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global ethylbenzene market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032. The study reveals essential insights on the basis of Application by End-user industry & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)