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Ethyl Benzene Market - Global Industry Analysis

Ethyl Benzene Market by End-user (Plastic, Electronics, Paints & Coatings, Agriculture, Rubber, and Others) - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2016 - 2026

Published Date: 04-Aug-2016 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-65 Status : Published

Global demand for ethyl benzene market was valued at approximately USD 21.7 billion in 2019, and is expected to generate revenue of around USD 29.3 billion by end of 2026, growing at a CAGR of around 4.5% between 2020 and 2026.

Description

The report covers forecast and analysis for the ethyl benzene market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD billion). The study includes drivers and restraints for the ethyl benzene market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the ethyl benzene market on a global level.

In order to give the users of this report a comprehensive view on the ethyl benzene market, we have included a detailed segmentation of ethyl benzene. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the ethyl benzene market has also been included. The study encompasses a market attractiveness analysis, wherein source segments, and processed source segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the ethyl benzene market by segmenting the market based on end-user and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2026. Based on end-user, ethyl benzene markets are classified into plastic, electronics, paints & coatings, agriculture, rubber, and others. Plastic industry is the largest consumer of ethyl benzene. The usage of ethyl benzene in paints & coatings industry is expected to grow at a healthy CAGR during the forecast period. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report 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., among others.

Report Scope:  

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

This report segments the global ethyl benzene market as follows:

Global Ethyl Benzene Market: End-user Segment Analysis

  • Plastic
  • Electronics
  • Paints & Coatings
  • Agriculture
  • Rubber
  • Others

Global Ethyl Benzene Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Ethyl Benzene Market, 2016 - 2026, (USD Million)
    • 2.2. Ethyl Benzene Market: Snapshot
  • Chapter 3. Global Ethyl Benzene Market – Industry Analysis
    • 3.1. Ethyl Benzene Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Rising demand for ethyl benzene from natural gas extraction end-user sector
      • 3.2.2. Growing popularity of gasuline as an anti-knocking agent
    • 3.3. Restraint
      • 3.3.1. Stringent regulations
      • 3.3.2. Harmful effects on human body
    • 3.4. Opportunity
      • 3.4.1. Ongoing research
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by end-user segment
      • 3.6.2. Market attractiveness analysis by regional segment
  • Chapter 4. Global Ethyl Benzene Market - Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global ethyl benzene market: company market share analysis, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New age demographic launches
      • 4.2.3. Agreements, partnerships, cullaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  • Chapter 5. Global Ethyl Benzene Market – End-user Segment Analysis
    • 5.1. Global ethyl benzene market overview: by end-user
      • 5.1.1. Global ethyl benzene market revenue share, by end-user, 2019 and 2026
    • 5.2. Plastic
      • 5.2.1. Global ethyl benzene market by Plastic, 2016 - 2026 (USD Million)
    • 5.3. Electronics
      • 5.3.1. Global ethyl benzene market by Electronics, 2016 - 2026 (USD Million)
    • 5.4. Paints & Coatings
      • 5.4.1. Global ethyl benzene market by Paints & Coatings, 2016 - 2026 (USD Million)
    • 5.5. Agriculture
      • 5.5.1. Global ethyl benzene market by Agriculture, 2016 - 2026 (USD Million)
    • 5.6. Rubber
      • 5.6.1. Global ethyl benzene market by Rubber, 2016 - 2026 (USD Million)
    • 5.7. Others
      • 5.7.1. Global ethyl benzene market by Others, 2016 - 2026 (USD Million)
  • Chapter 6. Global Ethyl Benzene Market - Regional Analysis
    • 6.1. Global ethyl benzene market overview: by region
      • 6.1.1. Global ethyl benzene market revenue share, by region, 2019 and 2026
    • 6.2. North America
      • 6.2.1. North America ethyl benzene market, by country, 2016 - 2026 (USD Million)
      • 6.2.2. North America ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.2.3. The U.S.
        • 6.2.3.1. The U.S. ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.2.4. Rest of North America
        • 6.2.4.1. Rest of North America ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
    • 6.3. Europe
      • 6.3.1. Europe ethyl benzene market, by country, 2016 - 2026 (USD Million)
      • 6.3.2. Europe ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.3.3. U.K.
        • 6.3.3.1. U.K. ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.3.4. France
        • 6.3.4.1. France ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.3.5. Germany
        • 6.3.5.1. Germany ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.3.6. Rest of Europe
        • 6.3.6.1. Rest of Europe ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific ethyl benzene market, by country, 2016 - 2026 (USD Million)
      • 6.4.2. Asia Pacific ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.4.3. China
        • 6.4.3.1. China ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.4.4. Japan
        • 6.4.4.1. Japan ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.4.5. India
        • 6.4.5.1. India ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.4.6. Rest of Asia Pacific
        • 6.4.6.1. Rest of Asia Pacific ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
    • 6.5. Latin America
      • 6.5.1. Latin America ethyl benzene market, by country, 2016 - 2026 (USD Million)
      • 6.5.2. Latin America ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.5.3. Brazil
        • 6.5.3.1. Brazil ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
      • 6.5.4. Rest of Latin America
        • 6.5.4.1. Rest of Latin America ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
    • 6.6. Middle East & Africa
      • 6.6.1. Middle East & Africa ethyl benzene market, 2016 - 2026 (USD Million)
      • 6.6.2. Middle East & Africa ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
  • Chapter 7. Company Profiles
    • 7.1. BASF SE
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Source Portfolio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. BP PLC
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Source Portfolio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. The Dow chemical company
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Source Portfolio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. CPCC
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Source Portfolio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. CNPC
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Source Portfolio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Developments
    • 7.6. TOTAL S.A
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Source Portfolio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Developments
    • 7.7. SABIC
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Source Portfolio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Developments
    • 7.8. Exxon Mobil Corp
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Source Portfolio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Developments
    • 7.9. Jx Nippon Oil and Energy group
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Source Portfolio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Developments
    • 7.10. Royal Dutch Shell Plc
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Source Portfolio
      • 7.10.4. Business Strategy
      • 7.10.5. Recent Developments
    • 7.11. Qufu Xindi Chemical Research Limited Company
      • 7.11.1. Overview
      • 7.11.2. Financials
      • 7.11.3. Source Portfolio
      • 7.11.4. Business Strategy
      • 7.11.5. Recent Developments
    • 7.12. Tianjin Jixin Industrial & Trade Co., Ltd.
      • 7.12.1. Overview
      • 7.12.2. Financials
      • 7.12.3. Source Portfolio
      • 7.12.4. Business Strategy
      • 7.12.5. Recent Developments
    • 7.13. Zhejiang Weishi Biotechnulogy Co., Ltd.
      • 7.13.1. Overview
      • 7.13.2. Financials
      • 7.13.3. Source Portfolio
      • 7.13.4. Business Strategy
      • 7.13.5. Recent Developments

List of Figures

1. Market research process
2. Market research methodology
3. Global ethyl benzene market, 2016 - 2026 (USD Million)
4. Porter’s five forces analysis: ethyl benzene market
5. Global ethyl benzene market attractiveness, by end-user
6. Global ethyl benzene market revenue share, by end-user, 2019 and 2026
7. Global ethyl benzene market by plastic, 2016 - 2026 (USD Million)
8. Global ethyl benzene market by electronics, 2016 - 2026 (USD Million)
9. Global ethyl benzene market by paints & coatings, 2016 - 2026 (USD Million)
10.  Global ethyl benzene market by agriculture, 2016 - 2026 (USD Million)
11.  Global ethyl benzene market by rubber, 2016 - 2026 (USD Million)
12.  Global ethyl benzene market by others, 2016 - 2026 (USD Million)
13.  Global ethyl benzene market revenue share, by region, 2018 & 2025
14.  North America ethyl benzene market, 2016 - 2026 (USD Million)
15.  Europe ethyl benzene market, 2016 - 2026 (USD Million)
16.  Asia Pacific ethyl benzene market, 2016 - 2026 (USD Million)
17.  Latin America ethyl benzene market, 2016 - 2026 (USD Million)
18.  Middle East & Africa ethyl benzene market, 2016 - 2026 (USD Million)


List of Tables

1. Global ethyl benzene market: snapshot
2. Drivers for ethyl benzene market: impact analysis
3. Restraints for ethyl benzene market: impact analysis
4. North America ethyl benzene market revenue, by country, 2016 - 2026 (USD Million)
5. North America ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
6. U.S. ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
7. Rest of North America ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
8. Europe ethyl benzene market revenue, by country, 2016 - 2026 (USD Million)
9. Europe ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
10. U.K. ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
11. France ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
12. Germany ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
13. Rest of Europe ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
14. Asia Pacific ethyl benzene market revenue, by country, 2016 - 2026 (USD Million)
15. Asia Pacific ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
16. China ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
17. Japan ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
18. India ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
19. Rest of Asia Pacific ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
20. Latin America ethyl benzene market revenue, by country, 2016 - 2026 (USD Million)
21. Latin America ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
22. Brazil ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
23. Rest of Latin America ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
24. Middle  East & Africa ethyl benzene market revenue, by end-user, 2016 - 2026 (USD Million)
 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Ethyl benzene market. Zion Research has collected and analyzed key data belong to the global Ethyl benzene market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Ethyl benzene across the world has been calculated through primary and secondary research.

Zion Research employs a combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Ethyl benzene industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Ethyl benzene market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Ethyl benzene is a derivative of benzene which is widely used in the manufacturing of, especially styrene. Ethyl benzene is also known as alpha-methyl toluene or phenylethane and it is a colorless, flammable liquid. Ethyl benzene has a typical smell of gasoline. Ethyl benzene is naturally found in coal tar and petroleum. Commercially, almost all ethyl benzene is produced as a result of alkylation of benzene with ethylene, except for a very limited fraction that is recovered from mixed C8 aromatics by super-fractioning. Ethyl benzene is widely used in the petrochemical industry in the production of styrene, and a small portion as a solvent in ink, paints & coatings, and other end-user industries. Ethyl benzene is used in coating industry for the production of paints, varnishes and lacquers. It is also used in agricultural industry as an active ingredient in pesticides production. Ethyl benzene demand in polymer industries is growing for the production of SBR, ABS plastic, and polystyrene.

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 use as an additive in gasoline, which growing popularity as an anti-knocking agent. The 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 its governments have set stringent regulations to control ethyl benzene applications which can restrain the growth of ethyl benzene market.

The majority of ethyl benzene manufactured is used in the manufacturing of, styrene monomer. The major end-user industries of ethyl benzene are plastic, agriculture, paints & coatings, rubber, and others. Plastic industry is the largest consumer of ethyl benzene. The usage of ethyl benzene in paints & coatings industry is expected to grow at a healthy CAGR during the forecast period.

In terms of geography, Asia-Pacific was the largest consumer of ethyl benzene in 2015. 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. Europe and North America also consume ethyl benzene on a large scale. Ethyl benzene demand is increasing in emerging nations such as Brazil and China. Industrial expansion of Brazil from Latin American region increases the demand for ethyl benzene over the 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.

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