Top 5 Vendors in the Ethylbenzene Market From 2017 to 2021: Technavio

June 7, 2017

LONDON–(BUSINESS WIRE)–#Research—Technavio
has announced the top five leading vendors in their recent global
ethylbenzene market report. This research report also
lists four other prominent vendors that are expected to impact the
market during the forecast period.


Ethylbenzene is manufactured mainly to produce styrene monomer.
Ethylbenzene is primarily used captively for styrene monomer leaving a
small merchant market for the product. The demand for ethylbenzene runs
equivalent to the demand for styrene, for which numerous markets such as
North America and Europe have become mature.

Competitive vendor landscape

According to the report, the global
ethylbenzene market is competitive with the existence of a large
number of key players. These players have a vast geographical presence
with large production facilities located worldwide. A sizeable number of
small regional vendors also operate in the market and have significant
shares. The competitive environment in the market will further intensify
over the next five years with the increase in product extensions in
terms of innovation in technology.

“Vendors compete based on factors such as innovation, price,
operational cost, and product quality. Some of the players can drive
down the market prices because their costs are lower than that of their
competitor’s. In addition, financial, technological, and other
resources of some of the suppliers are greater than that of their
competitor’s, and such players can withstand the changes in market
conditions,” says Ajay Adhikari, a lead specialty
chemicals research analyst from Technavio.

The key vendors are focusing on R&D to discover new product applications
to meet increasing demand for ethylbenzene. To comply with regulations
set by the governments, the manufacturers are also focusing on
manufacturing bio-based products.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Top five ethylbenzene market vendors

Chevron Philips Chemical Company

Chevron Philips Chemical Company has various chemical
manufacturing units within its Chevron Corporation Pascagoula Refinery.
The crude ethylbenzene, benzene, and paraxylene production facilities of
the refinery are operated by the Chevron Phillips Chemical joint venture.

LyondellBasell Industries Holdings

LyondellBasell Industries Holdings offers ethylbenzene under the
tradename ETHYLBENZENE. It offers styrenics used in various products
right from expandable foam to higher end engineering plastics. The
end-use application of styrene includes cabinets for electronics, food
packaging, CD holders, boat hulls, paper coatings, and interior
automotive components.

Synthos S.A.

Synthos has its own styrene and ethylbenzene facility and has the
ability to meet 80% of the internal demand. The company offers its own
ethylbenzene to produce styrene. The company offers basic raw materials
including ethylbenzene, pentane, and butadiene based on polymerization.

Total

The petrochemical business of Total consists of base petrochemicals such
as aromatics, olefins, and polymer derivatives (polystyrene,
polypropylene, polyethylene and hydrocarbon resins). Cos-Mar Inc. is a
50-50 joint venture between General Electric Petrochemicals and Atofina.
In 2004, Atofina Petrochemicals, Inc. was renamed to Total
Petrochemicals USA, Inc.

Versalis

Versalis is one of the leading manufacturers of petrochemical products,
worldwide. The company is taking various green undertakings to offer
environment-friendly products. Matrìca is the joint venture between
Versalis and Novamont to offer bio-based chemicals and polymers products.

Browse Related Reports:

Become a Technavio
Insights member and access all three of these reports for a
fraction of their original cost. As a Technavio Insights member, you
will have immediate access to new reports as they’re published in
addition to all 6,000+ existing reports covering segments like glass and
ceramics, industrial
gases, and paints,
coatings, and pigments. This subscription nets you thousands
in savings, while staying connected to Technavio’s constant transforming
research library, helping you make informed business decisions more
efficiently.

About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.technavio.com