Alpha-methylstyrene Market Segmentation:
Application Segment Analysis
The ABS manufacture segment is estimated to hold 35% share of the global alpha-methylstyrene market by 2035 owing to the growing food & beverage sector. Among the most commonly used engineering thermoplastics is ABS, also known as Acrylonitrile Butadiene Styrene, which is a versatile family of thermoplastic polymers that ensures exceptional chemical resistance, high rigidity, durability, and dimensional stability.
One of the most widely used processes for producing ABS plastic goods is injection molding whereby a polymer is pushed through a mold at extreme pressure after being heated to a completely molten state. Moreover, ABS in injection molding applications has the ability to produce large quantities of goods with extremely efficient technology as a result, it can keep up with the food and beverage (F&B) industry fast speed. A range of products that handle food and beverages before consumption are made via the method of food-grade plastic injection molding that is suitable for food use such as high-density polyethylene (HDPE), a petroleum thermoplastic with a wide range of applications, is a common plastic used in the food business. The global food and drink industry is expected to increase by more than 12% between 2022 and 2027.
Purity Level Segment Analysis
Alpha-methylstyrene market from the high purity segment is set to garner a notable share shortly. The global industrial standard for the purity of alpha-methylstyrene is 98.5% is primarily used in the manufacture of specialized polymers and is apt for applications where precise control is essential. Additionally, high purity alpha methyl styrene is often used to create several types of monomers, such as acrylates and benzene which are two substances that are frequently utilized in the materials and chemical engineering disciplines to benefit the economy and industry, and also increase convenience and improve standard of living.
End-User Segment Analysis
The paints and coatings segment in the alpha-methylstyrene market is poised to gain significant revenue share by the year 2035. Alpha-methylstyrene (AMS), often referred to as 2-phenylpropene or isopropyl benzene, serves as a transitional material in the manufacturing of paints and coatings. Moreover, alpha-methyl styrene is a chemical intermediate formed in a variation of the cumene which smells like gasoline and is generally used in the production of paints, lacquers, and enamels to clean surfaces and parts of grease and debris before painting.
Our in-depth analysis of the global alpha-methylstyrene market includes the following segments:
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