Ethylbenzene Market 2022 Future Challenges, SWOT Analysis, Expert Review, and Industry Growth Outlook 2030
Market Summary The global demand for ethylbenzene has increased in the last couple of years. The growth of the global market is primarily driven by its increasing application in styrene production, chemical intermediates, and various end-use industries. Furthermore, the mergers and acquisitions in the chemical industry are also expected to fuel the market growth during the review period. Segment Analysis The global ethylbenzene market has been segmented on the basis of application, end-use industry, and region. Based on application, the global ethylbenzene market has been segmented into gasoline, paint & coatings, natural gas, asphalt & naphtha, diethylbenzene, and others. The gasoline segment accounted for more than half of the market share in terms of volume and value in 2018. Thus, an optimistic application outlook of ethylbenzene in end-use industries across the globe is expected to drive the demand during the forecast period. The pesticides is expected to be the fastest gr...