Acrylonitrile Butadiene Styrene (Abs) Capacity Additions to Propel Alpha-Methylstyrene (Ams) Consumption Through 2030
MUMBAI, MAHARASHTRA -- (SBWire) -- 08/12/2020 --Prismane Consulting is pleased to publish its Alpha-methylstyrene (AMS) Market Study Report and Techno Commercial Market Model
Alpha-methylstyrene (AMS) is a colourless organic chemical with an unpleasant odour. Alpha-methylstyrene (AMS) is formed as a co-product in the phenol production process. Alpha-methylstyrene (AMS) is commonly used in a variety of applications to improve product functionality, including acrylonitrile butadiene styrene (ABS), para-cumyl phenol, adhesives & coatings, waxes and others (including, tackifiers, antioxidants and intermediates).
As of 2019, Asia-Pacific was the largest market for Alpha-methylstyrene (AMS). China, Japan, India & South Korea are the major consumers of Alpha-methylstyrene (AMS) in this region. North America was the second-largest market followed by Western Europe. The demand for Alpha-methylstyrene (AMS) is expected to increase in Asia-Pacific owing to rising demand of ABS resins in automotive, electrical & electronics and other applications.
Acrylonitrile butadiene styrene (ABS) is the largest end-use application for Alpha-methylstyrene (AMS) at global level. The ABS industry is expected to witness capacity additions in the mid-term forecast on account of continued use in the automotive and electrical & electronics industry. For instance, Ineos, the world's largest ABS / styrenic polymers manufacturer is scheduled to add 600 kilotons in Eastern China by 2023.
In 2019, Mitsui Chemicals announced a new Alpha-methylstyrene production facility at its Singaporean subsidiary Mitsui Phenols Singapore Pte. Ltd. The new 20kilotons per year Alpha-methylstyrene (AMS) unit is expected to come online by the end of 2020. Key players operational in the Alpha-methylstyrene (AMS) market are INEOS Group, Solvay SA, Taiwan Prosperity Chemical Corp, Domo Caproleuna, Kumho P&B Chemicals, SI Group Inc., Altivia Corp, PKN Orlen, Mitsubishi Chemical Holdings Corporation and Others.
The global Covid-19 pandemic has changed the global industry landscape and assessing its impact remains a key question across a number of industry verticals. In Prismane Consulting's Alpha-methylstyrene market report, we have analyzed the historic and current market situation of Alpha-methylstyrene across several applications and sub-applications. The report also provides a conservative, likely and Optimistic forecast scenarios across different application segments.
Market Data, Country Summaries & Product Review
- Demand Analysis
- Alpha-methylstyrene (AMS) Market data in terms of volume and value for each end-use at regional and country level
- Alpha-methylstyrene (AMS) Production Capacity, Apparent Production, Regional and country level
- Demand Composition, by Applications
- Pricing Analysis
- Latest Trends and market developments
- Key Players
- Process technology
- Strategic Issues and Recommendations
- Market / Product Outlook (Historical, Short, Mid and Long-term forecast)
- Business Opportunities & Challenges
- Strategic Analysis and High-level information on Market Entry, Best Strategies adopted
For more information about this report Click Here
About Prismane Consulting
Prismane Consulting is a unique consulting and market research firm providing management, economic and technical expertise across the global Chemicals, Petrochemicals, Polymers, Materials and Energy value chain. The company has been advising clients on their key strategic issues solving their toughest and most critical business problems. We have helped some of the fortune 500 companies develop their strategic plans by tracking and interpreting market dynamics.
Prismane consulting has completed a number of multi-client studies and projects. It offers Market Studies, World Analysis and Strategy Reports related to Refining, Chemicals, Petrochemicals, Plastic & Polymers and Materials. For update on the annual subscription (monthly, quarterly and annually) on the chemicals industry, please write to email@example.com
Mr. Rakesh Panigrahi
Chemicals & Energy, Prismane Consulting
Tel: +91-20-67277711/12, +33 6 64397294
Media Relations Contact
+91 020 6727 7711
View this press release online at: http://rwire.com/1299854