Global Ethylbenzene Market Set to Reach 40.56 Million Tons by 2029 [Yahoo! Finance]
Honeywell International Inc. (HON)
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Source: Yahoo! Finance
Dublin, March 26, 2024 (GLOBE NEWSWIRE) -- The "Ethylbenzene - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029" report has been added to ResearchAndMarkets.com's offering. The Ethylbenzene Market size is estimated at 34.95 Million tons in 2024, and is expected to reach 40.56 Million tons by 2029, growing at a CAGR of 3.03% during the forecast period (2024-2029). The market was negatively impacted by COVID-19 in 2020. However, the market recovered significantly in the 2021-22 period, and the construction and automotive manufacturing activities have reinstated the demand for ethylbenzene-based polymer and other products, including automotive dashboards, exterior panels, styrene-acrylic emulsions, solvents and reagents for paints and coatings, and others. The pandemic had increased the demand for packaging from the food and e-commerce industries, thereby stimulating the demand for the market studied. Key Highlights The increasing demand for styr
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