Global ethyl benzene market revenue accounted for USD 18.28 billion in 2015 and is expected to reach USD 23.31 billion by 2021, growing at a CAGR of around 4.2% between 2016 and 2021
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Global ethyl benzene market will grow at 4.2% cagr from 2016 to 2021
1. Published By:Zion Market Research
Ethyl benzene Market for Plastic, Electronics, Paints & Coatings, Agriculture, Rubber
and Other End-user Industries: Global Industry Perspective, Comprehensive Analysis,
Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021
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2. Ethyl benzene Market
Zion Research has published a new report titled “Ethyl benzene Market for Plastic, Electronics, Paints &
Coatings, Agriculture, Rubber and Other End-user Industries: Global Industry Perspective,
Comprehensive Analysis and Forecast, 2015 - 2021.” According to the report, the global ethyl benzene
market was around 28,125.2 kilo tons in 2015. The global ethyl benzene market revenue accounted for
USD 18.28 billion in 2015 and is expected to reach USD 23.31 billion by 2021, growing at a CAGR of
around 4.2% between 2016 and 2021.
The global ethyl benzene market is expected to witness moderate growth over the forecast period on
account of increasing demand from plastic industry. Ethyl benzene plays an important role in the
manufacture of styrene. Increasing population and corresponding food demand with limited cultivable
land is expected to enhance agricultural and pesticides industries. Rising demand for ethyl benzene from
natural gas extraction application sector is another key factor expected to fuel the market growth within
the forecast period. Ethyl benzene is used as an additive in gasoline, which growing popularity as an anti-
knocking agent. High octane rating of ethyl benzene leads most efficient fuel additives globally. Short term
(acute) toxicity of ethyl benzene is low. However, long-term exposure to ethyl benzene negatively affects
the human body; as a result of it governments have set stringent regulations to control ethyl benzene
applications. This is expected to curb the growth of ethyl benzene market over the years.
Browse the full "Ethyl benzene Market for Plastic, Electronics, Paints & Coatings, Agriculture,
Rubber and Other End-user Industries: Global Industry Perspective, Comprehensive Analysis, Size,
Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report
at https://www.zionmarketresearch.com/report/ethyl-benzene-market
3. Ethyl benzene Market
Styrene production dominated the global ethyl benzene market of total volume consumption in 2014.
Almost all the ethyl benzene manufactured is used in styrene production which is used polymer
production for acrylonitrile-butadiene-styrene (ABS) and styrene-acrylonitrile (SAN) resins, polystyrene,
styrene-butadiene elastomers and latexes, and unsaturated polyester resins. Besides this ethyl benzene is
used as a solvent and, or in the production of ethyl anthraquinone diethylbenzene, and acetophenone.
4. Ethyl benzene Market
End-user industry plastic was the largest consumer of ethyl benzene in 2015. Stryene derived from ethyl
benzene is used in the manufacturing of rigid food service containers, CD cases, appliance housings,
envelope windows and many other products. Supplement and functional food is another key outlet of
ethyl benzene market.
In terms of geography, Asia-Pacific was largest consumer of ethyl benzene in 2015. Asia Pacific region
accounted for than 45% share of global ethyl benzene market. China and South Korea were the major
consumers of ethyl benzene in Asia-Pacific in 2015. China is the largest consumer and producer of ethyl
benzene. Ethyl benzene demand is increasing in nations such as Korea, Japan and China. Industrial
expansion of Brazil from Latin American region is expected to increase the demand for ethyl benzene
over the forecast period.
Some of the key players of the market include, BASF SE, BP PLC, The Dow chemical company, CPCC,
CNPC, TOTAL S.A, SABIC, Exxon Mobil Corp, Jx Nippon Oil and Energy group, Royal Dutch Shell Plc,
Qufu Xindi Chemical Research Limited Company, Tianjin Jixin Industrial & Trade Co., Ltd., Zhejiang
Weishi Biotechnology Co., Ltd., and others.
Request for sample report visit at https://www.zionmarketresearch.com/sample/ethyl-
benzene-market
This report segments the global ethyl benzene market as follows:
Global Ethyl Benzene Market: End-user Segment Analysis
5. Ethyl benzene Market
Plastic
Electronics
Paints & Coatings
Agriculture
Rubber
Others
Global Ethyl Benzene Market: Regional Segment Analysis
North America
o U.S.
Europe
o Germany
o UK
o France
Asia Pacific
o China
o Japan
o India
Latin America
o Brazil
Middle East and Africa
6. Ethyl benzene Market
Browse the full "Ethyl benzene Market for Plastic, Electronics, Paints & Coatings, Agriculture, Rubber
and Other End-user Industries: Global Industry Perspective, Comprehensive Analysis, Size, Share,
Growth, Segment, Trends and Forecast, 2015 – 2021" report
at https://www.zionmarketresearch.com/report/ethyl-benzene-market
Zion Market Research
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States
Tel: +1-386-310-3803 GMT
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)
Email: sales@zionmarketresearch.com Web:www.zionmarketresearch.com