세계의 알파메틸스티렌 시장 규모, 점유율 및 동향 분석 보고서 - 순도, 최종 용도별, 지역별 전망 및 예측(2024-2031년)

The Global Alpha-methylstyrene Market size is expected to reach $608.5 million by 2031, rising at a market growth of 3.0% CAGR during the forecast period. In the year 2023, the market attained a volume of 2691.6 hundred tonnes, experiencing a growth of 14.6% (2020-2023).

As production capacity increases, so does the demand for raw materials such as AMS, which is vital in synthesizing a wide range of chemical products. AMS is utilized to produce a diverse array of chemicals, including phenolic resins, specialty polymers, and styrene-acrylic copolymers. Consequently, the chemical manufacturing segment would generate approximately 10.85 % share of the market by 2031. Also, Russia would utilize 43.89 hundred tonnes of 95%-99% pure Alpha-methylstyrene by 2031. These chemicals have applications across various industries, including coatings, adhesives, sealants, and specialty chemicals. The versatility of AMS as a chemical building block makes it indispensable for synthesizing these valuable products.

Polystyrene resins are renowned for their versatility and wide-ranging applications. They are utilized in packaging materials, including food packaging, disposable cups, and containers, owing to their lightweight, impact-resistant, and insulating properties. Hence, these aspects can lead to increased demand in the market.

Additionally, AMS is a key component in producing antioxidants, which are essential additives that inhibit the oxidation process in various industrial applications. Antioxidants help prevent degradation and extend the shelf life of products such as polymers, plastics, rubber, and lubricants. Therefore, these factors can pose lucrative growth prospects for the market.

However, The production of alpha-methylstyrene (AMS) is intricately linked to the availability and pricing of key raw materials, primarily cumene or acetone. Cumene and acetone, essential feedstocks for AMS production, may face availability fluctuations due to factors such as natural resource constraints, production capacity limitations, and operational disruptions in upstream industries. Thus, these factors can lead to reduced demand for alpha-methylstyrene in the coming years.

By Purity Analysis

Based on purity, the market is segmented into >99.5% and 95%-99%. In 2023, the 95%-99% segment garnered a 31.69% revenue share in the market. Higher purity levels in AMS translate to enhanced product quality, consistency, and performance in downstream applications. As a result, manufacturers and end-users increasingly seek AMS products with purity levels in the 95%-99% range to meet their demanding specifications and ensure optimal performance in their processes and products. Therefore, these aspects can help in the expansion of the segment.

By End-Use Analysis

On the basis of end-use, the market is divided into automotive, electronics, chemical manufacturing, personal care & cosmetics, and others. The automotive segment recorded a 38.96% revenue share in the market in 2023. In terms of volume, automotive segment would utilize 1,081.1 hundred tonnes of Alpha-methylstyrene in 2023. Automotive manufacturers increasingly focus on lightweighting initiatives to improve fuel efficiency and reduce vehicle emissions. AMS-based materials offer a lightweight alternative to traditional metal components, contributing to overall vehicle weight reduction without compromising strength or durability. Hence, these factors can assist in the growth of the segment.

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. In 2023, the Europe segment acquired a 24.89 % revenue share in the market. Europe's plastics and resins industry has been a major driver of demand for AMS, with increasing adoption of AMS-based polymers and resins in various applications. AMS serves as a crucial monomer in the production of ABS resins, SAN resins, and other styrene-based polymers, which find applications in automotive components, consumer goods, electronics, and construction materials. Thus, these aspects will fuel the demand in the segment.

Recent Strategies Deployed in the Market

• 2023-Aug: INEOS Styrolution Group GmbH, a division of INEOS Group Holdings S.A., has introduced a new ASA "MED" material named Luran(R) S MED 797S SPF30, a member of the ASA product family Luran(R) S. Renowned for its robust property performance, Luran(R) S exhibits exceptional chemical resistance, UV resistance, and impact strength. The product demonstrates remarkable chemical resistance against alcohols such as IPA, ethanol, and propanol, as well as alcohol-based disinfectants. Additionally, it exhibits favorable resistance to quaternary ammonium or glutaral-based disinfectants, positioning it as a preferred material for clinical environments.
• 2023-Apr: INEOS Phenol Singapore PTE Limited, a division of INEOS Group Holdings S.A., has completed the acquisition of Mitsui Phenols Singapore Ltd, a division of Mitsui Chemicals Inc., a manufacturer of industrial chemicals. This acquisition strategically integrates Jurong phenol and BPA assets into INEOS Phenol's portfolio, aligning well with their existing assets. Additionally, it facilitates entry into the Asian market, enabling INEOS Phenol to better support the growth plans of their global customers.
• 2022-Jun: INEOS Phenol, a division of INEOS Group Holdings S.A., has introduced a new product line called INVIRIDIS, marking the first bio-attributed product line for phenol, acetone, and alphamethylstyrene (AMS). These products are manufactured without the use of fossil fuels as feedstock, signifying a significant innovation in the global phenol market. They offer a more environmentally friendly and sustainable alternative to traditional phenol, acetone, and AMS products.
• 2022-Apr: Kraton Corporation has boosted its AMS resin production capacity at the NIORT facility. This expansion initiative is targeted to elevate production by 15% at the site. Moreover, alongside capacity augmentation, Kraton expects this investment to result in a notable 70% reduction in solvent consumption, thus positively influencing the product's life cycle.

List of Key Companies Profiled

• AdvanSix Inc.
• Mitsui Chemicals, Inc.
• Cepsa Quimica, S.A. (Cepsa)
• Domo Chemicals GmbH
• INEOS Group Holdings S.A
• Kraton Corporation
• Kumho P&B Chemicals., Inc (Kumho Petrochemical Group)
• Mitsubishi Chemical Holdings Corporation
• Prasol Chemicals Ltd
• Solvay SA

Global Alpha-methylstyrene Market Report Segmentation

By Purity (Volume, Hundred Tonnes, USD Million, 2020-2031)

• >99.5%
• 95%-99%

By End-use (Volume, Hundred Tonnes, USD Million, 2020-2031)

• Automotive
• Electronics
• Chemical Manufacturing
• Personal Care & Cosmetics
• Others

By Geography (Volume, Hundred Tonnes, USD Million, 2020-2031)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

• 1.1Market Definition
• 1.2Objectives
• 1.3Market Scope
• 1.4Segmentation
  • 1.4.1Global Alpha-methylstyrene Market, by Purity
  • 1.4.2Global Alpha-methylstyrene Market, by End-use
  • 1.4.3Global Alpha-methylstyrene Market, by Geography
• 1.5Methodology for the research

Chapter 2.Market at a Glance

• 2.1Key Highlights

Chapter 3.Market Overview

• 3.1Introduction
  • 3.1.1Overview
    • 3.1.1.1Market Composition and Scenario
• 3.2Key Factors Impacting the Market
  • 3.2.1Market Drivers
  • 3.2.2Market Restraints
  • 3.2.3Market Opportunities
  • 3.2.4Market Challenges
• 3.3Porter's Five Forces Analysis

Chapter 4.Global Alpha-methylstyrene Market by Purity

• 4.1Global >99.5% Market by Region
• 4.2Global 95%-99% Market by Region

Chapter 5.Global Alpha-methylstyrene Market by End-use

• 5.1Global Automotive Market by Region
• 5.2Global Electronics Market by Region
• 5.3Global Chemical Manufacturing Market by Region
• 5.4Global Personal Care & Cosmetics Market by Region
• 5.5Global Others Market by Region

Chapter 6.Global Alpha-methylstyrene Market by Region

• 6.1North America Alpha-methylstyrene Market
  • 6.1.1North America Alpha-methylstyrene Market by Purity
    • 6.1.1.1North America >99.5% Market by Country
    • 6.1.1.2North America 95%-99% Market by Country
  • 6.1.2North America Alpha-methylstyrene Market by End-use
    • 6.1.2.1North America Automotive Market by Country
    • 6.1.2.2North America Electronics Market by Country
    • 6.1.2.3North America Chemical Manufacturing Market by Country
    • 6.1.2.4North America Personal Care & Cosmetics Market by Country
    • 6.1.2.5North America Others Market by Country
  • 6.1.3North America Alpha-methylstyrene Market by Country
    • 6.1.3.1US Alpha-methylstyrene Market
      • 6.1.3.1.1US Alpha-methylstyrene Market by Purity
      • 6.1.3.1.2US Alpha-methylstyrene Market by End-use
    • 6.1.3.2Canada Alpha-methylstyrene Market
      • 6.1.3.2.1Canada Alpha-methylstyrene Market by Purity
      • 6.1.3.2.2Canada Alpha-methylstyrene Market by End-use
    • 6.1.3.3Mexico Alpha-methylstyrene Market
      • 6.1.3.3.1Mexico Alpha-methylstyrene Market by Purity
      • 6.1.3.3.2Mexico Alpha-methylstyrene Market by End-use
    • 6.1.3.4Rest of North America Alpha-methylstyrene Market
      • 6.1.3.4.1Rest of North America Alpha-methylstyrene Market by Purity
      • 6.1.3.4.2Rest of North America Alpha-methylstyrene Market by End-use
• 6.2Europe Alpha-methylstyrene Market
  • 6.2.1Europe Alpha-methylstyrene Market by Purity
    • 6.2.1.1Europe >99.5% Market by Country
    • 6.2.1.2Europe 95%-99% Market by Country
  • 6.2.2Europe Alpha-methylstyrene Market by End-use
    • 6.2.2.1Europe Automotive Market by Country
    • 6.2.2.2Europe Electronics Market by Country
    • 6.2.2.3Europe Chemical Manufacturing Market by Country
    • 6.2.2.4Europe Personal Care & Cosmetics Market by Country
    • 6.2.2.5Europe Others Market by Country
  • 6.2.3Europe Alpha-methylstyrene Market by Country
    • 6.2.3.1Germany Alpha-methylstyrene Market
      • 6.2.3.1.1Germany Alpha-methylstyrene Market by Purity
      • 6.2.3.1.2Germany Alpha-methylstyrene Market by End-use
    • 6.2.3.2UK Alpha-methylstyrene Market
      • 6.2.3.2.1UK Alpha-methylstyrene Market by Purity
      • 6.2.3.2.2UK Alpha-methylstyrene Market by End-use
    • 6.2.3.3France Alpha-methylstyrene Market
      • 6.2.3.3.1France Alpha-methylstyrene Market by Purity
      • 6.2.3.3.2France Alpha-methylstyrene Market by End-use
    • 6.2.3.4Russia Alpha-methylstyrene Market
      • 6.2.3.4.1Russia Alpha-methylstyrene Market by Purity
      • 6.2.3.4.2Russia Alpha-methylstyrene Market by End-use
    • 6.2.3.5Spain Alpha-methylstyrene Market
      • 6.2.3.5.1Spain Alpha-methylstyrene Market by Purity
      • 6.2.3.5.2Spain Alpha-methylstyrene Market by End-use
    • 6.2.3.6Italy Alpha-methylstyrene Market
      • 6.2.3.6.1Italy Alpha-methylstyrene Market by Purity
      • 6.2.3.6.2Italy Alpha-methylstyrene Market by End-use
    • 6.2.3.7Rest of Europe Alpha-methylstyrene Market
      • 6.2.3.7.1Rest of Europe Alpha-methylstyrene Market by Purity
      • 6.2.3.7.2Rest of Europe Alpha-methylstyrene Market by End-use
• 6.3Asia Pacific Alpha-methylstyrene Market
  • 6.3.1Asia Pacific Alpha-methylstyrene Market by Purity
    • 6.3.1.1Asia Pacific >99.5% Market by Country
    • 6.3.1.2Asia Pacific 95%-99% Market by Country
  • 6.3.2Asia Pacific Alpha-methylstyrene Market by End-use
    • 6.3.2.1Asia Pacific Automotive Market by Country
    • 6.3.2.2Asia Pacific Electronics Market by Country
    • 6.3.2.3Asia Pacific Chemical Manufacturing Market by Country
    • 6.3.2.4Asia Pacific Personal Care & Cosmetics Market by Country
    • 6.3.2.5Asia Pacific Others Market by Country
  • 6.3.3Asia Pacific Alpha-methylstyrene Market by Country
    • 6.3.3.1China Alpha-methylstyrene Market
      • 6.3.3.1.1China Alpha-methylstyrene Market by Purity
      • 6.3.3.1.2China Alpha-methylstyrene Market by End-use
    • 6.3.3.2Japan Alpha-methylstyrene Market
      • 6.3.3.2.1Japan Alpha-methylstyrene Market by Purity
      • 6.3.3.2.2Japan Alpha-methylstyrene Market by End-use
    • 6.3.3.3India Alpha-methylstyrene Market
      • 6.3.3.3.1India Alpha-methylstyrene Market by Purity
      • 6.3.3.3.2India Alpha-methylstyrene Market by End-use
    • 6.3.3.4South Korea Alpha-methylstyrene Market
      • 6.3.3.4.1South Korea Alpha-methylstyrene Market by Purity
      • 6.3.3.4.2South Korea Alpha-methylstyrene Market by End-use
    • 6.3.3.5Singapore Alpha-methylstyrene Market
      • 6.3.3.5.1Singapore Alpha-methylstyrene Market by Purity
      • 6.3.3.5.2Singapore Alpha-methylstyrene Market by End-use
    • 6.3.3.6Malaysia Alpha-methylstyrene Market
      • 6.3.3.6.1Malaysia Alpha-methylstyrene Market by Purity
      • 6.3.3.6.2Malaysia Alpha-methylstyrene Market by End-use
    • 6.3.3.7Rest of Asia Pacific Alpha-methylstyrene Market
      • 6.3.3.7.1Rest of Asia Pacific Alpha-methylstyrene Market by Purity
      • 6.3.3.7.2Rest of Asia Pacific Alpha-methylstyrene Market by End-use
• 6.4LAMEA Alpha-methylstyrene Market
  • 6.4.1LAMEA Alpha-methylstyrene Market by Purity
    • 6.4.1.1LAMEA >99.5% Market by Country
    • 6.4.1.2LAMEA 95%-99% Market by Country
  • 6.4.2LAMEA Alpha-methylstyrene Market by End-use
    • 6.4.2.1LAMEA Automotive Market by Country
    • 6.4.2.2LAMEA Electronics Market by Country
    • 6.4.2.3LAMEA Chemical Manufacturing Market by Country
    • 6.4.2.4LAMEA Personal Care & Cosmetics Market by Country
    • 6.4.2.5LAMEA Others Market by Country
  • 6.4.3LAMEA Alpha-methylstyrene Market by Country
    • 6.4.3.1Brazil Alpha-methylstyrene Market
      • 6.4.3.1.1Brazil Alpha-methylstyrene Market by Purity
      • 6.4.3.1.2Brazil Alpha-methylstyrene Market by End-use
    • 6.4.3.2Argentina Alpha-methylstyrene Market
      • 6.4.3.2.1Argentina Alpha-methylstyrene Market by Purity
      • 6.4.3.2.2Argentina Alpha-methylstyrene Market by End-use
    • 6.4.3.3UAE Alpha-methylstyrene Market
      • 6.4.3.3.1UAE Alpha-methylstyrene Market by Purity
      • 6.4.3.3.2UAE Alpha-methylstyrene Market by End-use
    • 6.4.3.4Saudi Arabia Alpha-methylstyrene Market
      • 6.4.3.4.1Saudi Arabia Alpha-methylstyrene Market by Purity
      • 6.4.3.4.2Saudi Arabia Alpha-methylstyrene Market by End-use
    • 6.4.3.5South Africa Alpha-methylstyrene Market
      • 6.4.3.5.1South Africa Alpha-methylstyrene Market by Purity
      • 6.4.3.5.2South Africa Alpha-methylstyrene Market by End-use
    • 6.4.3.6Nigeria Alpha-methylstyrene Market
      • 6.4.3.6.1Nigeria Alpha-methylstyrene Market by Purity
      • 6.4.3.6.2Nigeria Alpha-methylstyrene Market by End-use
    • 6.4.3.7Rest of LAMEA Alpha-methylstyrene Market
      • 6.4.3.7.1Rest of LAMEA Alpha-methylstyrene Market by Purity
      • 6.4.3.7.2Rest of LAMEA Alpha-methylstyrene Market by End-use

Chapter 7.Company Profiles

• 7.1AdvanSix Inc.
  • 7.1.1Company Overview
  • 7.1.2Financial Analysis
  • 7.1.3Regional Analysis
  • 7.1.4Research & Development Expenses
  • 7.1.5SWOT Analysis
• 7.2Cepsa Quimica, S.A. (CEPSA)
  • 7.2.1Company Overview
  • 7.2.2Financial Analysis
  • 7.2.3Segmental and Regional Analysis
  • 7.2.4SWOT Analysis
• 7.3Domo Chemicals GmbH
  • 7.3.1Company Overview
  • 7.3.2SWOT Analysis
• 7.4INEOS Group Holdings S.A.
  • 7.4.1Company Overview
  • 7.4.2Financial Analysis
  • 7.4.3Segmental and Regional Analysis
  • 7.4.4Recent strategies and developments:
    • 7.4.4.1Product Launches and Product Expansions:
    • 7.4.4.2Acquisition and Mergers:
  • 7.4.5SWOT Analysis
• 7.5Kraton Corporation
  • 7.5.1Company Overview
  • 7.5.2Recent strategies and developments:
    • 7.5.2.1Business Expansions:
  • 7.5.3SWOT Analysis
• 7.6Kumho P&B Chemicals., Inc (Kumho Petrochemical Group)
  • 7.6.1Company Overview
  • 7.6.2SWOT Analysis
• 7.7Mitsubishi Chemical Holdings Corporation
  • 7.7.1Company Overview
  • 7.7.2Financial Analysis
  • 7.7.3Segmental Analysis
  • 7.7.4Research & Development Expense
  • 7.7.5SWOT Analysis
• 7.8Solvay SA
  • 7.8.1Company Overview
  • 7.8.2Financial Analysis
  • 7.8.3Segmental and Regional Analysis
  • 7.8.4Research & Development Expenses
  • 7.8.5SWOT Analysis
• 7.9Prasol Chemicals Ltd
  • 7.9.1Company Overview
  • 7.9.2SWOT Analysis
• 7.10.Mitsui Chemicals, Inc.
  • 7.10.1Company Overview
  • 7.10.2Financial Analysis
  • 7.10.3Segmental and Regional Analysis
  • 7.10.4Research & Development Expenses
  • 7.10.5SWOT Analysis

Chapter 8.Winning Imperatives of Alpha-methylstyrene Market