GITNUX MARKETDATA REPORT 2024
Ethylbenzene Industry Statistics
Ethylbenzene industry statistics show steady growth in production and consumption, driven by a rising demand for the chemical compound in various industries such as plastics and rubber manufacturing.
In this post, we will explore key statistics and trends shaping the ethylbenzene industry, highlighting significant market values, consumption patterns, production capacities, and growth projections. From the dominant role of China in consumption to the impact of environmental regulations in North America and Europe, we will delve into the intricate dynamics driving the global ethylbenzene market. Let’s navigate through the vital statistics that define this essential chemical sector.
Statistic 1
"Ethylbenzene global market was valued at USD 18.31 Billion in 2019."
Statistic 2
"Ethylbenzene market is expected to grow at a CAGR of 4.2% from 2020 to 2025."
Statistic 3
"China is the largest consumer of ethylbenzene and accounted for nearly half of the global consumption in 2019."
Statistic 4
"The ethylbenzene market in North America and Europe witnessed sluggish growth due to environmental regulations in 2019."
Statistic 5
"Ethylbenzene is primarily used in the production of styrene, which accounted for over 99% of the market demand in 2019."
Statistic 6
"Ethylbenzene production in the United States was approximately 28.5 million tons in 2019."
Statistic 7
"The Asia Pacific ethylbenzene market is expected to grow at the highest CAGR during the forecast period 2020-2027."
Statistic 8
"India and China are expected to drive the demand for ethylbenzene in the forecast period due to their growing automobile and construction industries."
Statistic 9
"Global ethylbenzene capacity stood at 34.64 million metric tons per annum in 2020."
Statistic 10
"In 2018, the global capacity of styrene produced from ethylbenzene was approximately 30.3 million metric tons."
Statistic 11
"Ethylbenzene capacity in North America was about 4.7 million metric tons in 2019."
Statistic 12
"The Middle East & Africa region accounted for about 15% of global ethylbenzene capacity in 2020."
Statistic 13
"The top three producers (Chevron Phillips Chemical, LyondellBasell Industries, and SINOPEC) accounted for approximately 55% of the global ethylbenzene capacity in 2017."
Statistic 14
"In 2020, ethylbenzene prices in the United States averaged around 292 U.S. dollars per metric ton."
Statistic 15
"The majority of ethylbenzene is produced from benzene and ethylene in a liquid phase using zeolite catalysts."
Statistic 16
"Ethylbenzene exposure can cause cancer, with manufacturing workers being the most at risk."
Statistic 17
"World consumption of ethylbenzene is expected to grow by an average 4–5% per year through 2021."
Statistic 18
"The global ethylbenzene production capacity is estimated to increase to 38.36 million metric tons per annum by 2025."
Jannik Lindner
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