Europe Alpha-methylstyrene Market Size, Share & Trends Analysis Report By Purity (>99.5% and 95%-99%), By End-use (Automotive, Electronics, Chemical Manufacturing, Personal Care & Cosmetics and Others), By Country and Growth Forecast, 2024 - 2031

Europe Alpha-methylstyrene Market Size, Share & Trends Analysis Report By Purity (>99.5% and 95%-99%), By End-use (Automotive, Electronics, Chemical Manufacturing, Personal Care & Cosmetics and Others), By Country and Growth Forecast, 2024 - 2031

The Europe Alpha-methylstyrene Market would witness market growth of 2.7% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 419.0 hundred tonnes, showcasing a growth of 14.4% (2020-2023).

Alpha-methylstyrene (AMS) finds widespread utilization in the automotive industry primarily as a key component in the production of acrylonitrile butadiene styrene (ABS) resins, which are integral in manufacturing various automotive components such as interior trim, exterior body parts, dashboard panels, and bumpers. Therefore, the Germany market utilized 49.51 hundred tonnes of Alpha-Methylstyrene in Automotive market in 2023.

The Germany market dominated the Europe Alpha-methylstyrene Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $33,340.6 Thousands by 2031. The UK market is exhibiting a CAGR of 2.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 2.2% during (2024 - 2031).

One of AMS's primary applications is in the production of plastics. AMS is used as a monomer in the synthesis of styrene-based polymers such as acrylonitrile-butadiene-styrene (ABS) resins, styrene-acrylonitrile (SAN) resins, and styrene-butadiene rubber (SBR). Due to their excellent mechanical properties, impact resistance, and thermal stability, these polymers are utilized in many applications, including automotive parts, electronic housings, consumer goods, and construction materials.

In addition, alpha-methylstyrene is employed to formulate adhesives and sealants due to its excellent adhesive properties and compatibility with other polymer systems. AMS-based adhesives and sealants offer strong bonding strength, chemical resistance, and weathering, making them suitable for automotive assembly, construction, packaging, and industrial bonding applications.

As the automotive sector in Italy expands, so does the demand for advanced materials like AMS. This compound is valued for its thermal stability, chemical resistance, and mechanical properties, making it ideal for applications where durability and performance are paramount, such as in automotive components. Thus, the rising personal care and automotive sector in Europe will help in the growth of the regional alpha-methylstyrene market.

Based on Purity, the market is segmented into >99.5% and 95%-99%. Based on End-use, the market is segmented into Automotive, Electronics, Chemical Manufacturing, Personal Care & Cosmetics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• AdvanSix Inc.
• Mitsui Chemicals, Inc.
• Cepsa Química, S.A. (Cepsa)
• Domo Chemicals GmbH
• INEOS Group Holdings S.A
• Kraton Corporation
• Kumho P&B Chemicals., Inc (Kumho Petrochemical Group)
• Mitsubishi Chemical Holdings Corporation
• Prasol Chemicals Ltd
• Solvay SA

Europe Alpha-methylstyrene Market Report Segmentation

By Purity (Volume, Hundred Tonnes, USD Million, 2020-2031)

• >99.5%
• 95%-99%

By End-use (Volume, Hundred Tonnes, USD Million, 2020-2031)

• Automotive
• Electronics
• Chemical Manufacturing
• Personal Care & Cosmetics
• Others

By Country (Volume, Hundred Tonnes, USD Million, 2020-2031)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe