Ethylbenzene Market driven by innovation and rising global demand 2037
The Ethylbenzene Market continues to evolve as a crucial component of the global petrochemicals industry, with applications in diverse sectors including plastics, coatings, and fuels. In 2024, the market was valued at USD 23.90 billion, and is forecasted to surpass USD 39.30 billion by the end of 2037, growing at a compound annual growth rate (CAGR) of 3.9% during the forecast period of 2025 to 2037. This moderate yet steady growth trajectory reflects the sustained demand for styrene-based derivatives and the rising importance of aromatic hydrocarbons in industrial applications.