Research and Markets: Ethylbenzene Global Market to 2020 - Growth in South and Central America to Outpace China, While Asia-Pacific Continues to be the Major Volume Contributor

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/rjdh62/ethylbenzene) has announced the addition of the "Ethylbenzene Global Market to 2020 - Growth in South and Central America to Outpace China, While Asia-Pacific Continues to be the Major Volume Contributor" report to their offering.

“Ethylbenzene Global Market to 2020 - Growth in South and Central America to Outpace China, While Asia-Pacific Continues to be the Major Volume Contributor”

GBI Research's report, Ethylbenzene Global Market to 2020 - Growth in South and Central America to Outpace China, While Asia-Pacific Continues to be the Major Volume Contributor, provides an in-depth analysis of the global ethylbenzene market. The research presents detailed analysis and forecasts of major economic and market trends affecting the ethylbenzene markets in major regions of the world. The report contains demand, production analysis and forecasts, drivers and restraints, end use analysis and forecasts, and market share analysis for major producers in the major regions of the world.

In addition, this report includes demand and production forecasts for major countries in all geographical regions of the world. The report also contains the historic and forecast price trends for all major countries. Overall, the report presents a comprehensive analysis of the global ethylbenzene market covering all the major parameters.

The Asia-Pacific region accounted for more than half of global ethylbenzene demand and was the largest market for ethylbenzene in 2011, with 53% of the global demand share. A large portion of ethylbenzene demand in the Asia-Pacific region comes from China, which held around 28% of regional demand.

The global demand for ethylbenzene increased from 20.5m tons in 2000 to 25.1m tons in 2011 at a Compound Annual Growth Rate (CAGR) of 1.9%. The increase in global demand for ethylbenzene has been due largely to ethylbenzene usage growth in developing countries, led by China, which has more than compensated for the declining demand in the US and large markets in Europe. In the forecast period from 2011 to 2020, demand is expected to grow at a CAGR of 3.7%, with the increasing market dominance of Asia-Pacific region.

Companies Mentioned:

- Asahi Kasei Corporation

- BASF SE

- Chevron Phillips Chemical Company LLC

- CNOOC Limited

- CNPC

- CPCC

- Denki Kagaku Kogyo Kabushiki Kaisha

- Eni S.p.A.

- Formosa Plastics Group

- Grand Pacific Petrochemical Corporation

- Honam Petrochemical Corporation