Argentina Alpha-Methylstyrene Market Outlook

argentina is expected to have a positive outlook for the alpha-methylstyrene market in the period of 2018 to 2032, despite the nation’s economic recession in 2017-18 and lower local demand. the country’s upstream production cost structure and increasing number of consumer segments are expected to continue to galvanize the production of alpha-methyl styrene (ams) in the region. moreover, exports are likely to experience strong growth with argentina’s relatively competitive prices in the global market. the government agencies in the country are working on projects, such as the construction of new alpha-methylstyrene plants which is anticipated to give an impetus to the overall industry and production of the polymer. the high-end segment of the market in argentina is expected to grow and take centre stage over the forecast period. this is in part due to the high cost of producing the specialty polymers, as well as increasing consumer demand. local ams manufacturers are striving to increase their competency in the market by developing novel products such as bio-based alpha-methylstyrene. this has primarily been to address the growing demand from industry participants, as well as the environmental hazards associated with the production of petroleum-based polymers. the cost of production is expected to be relatively higher with argentina-based polymers compared to other developing countries in the region, however, the government’s policies and incentives can be of great help to those looking to expand their production. with a relative large number of domestic and foreign manufacturers, argentina’s alpha-methylstyrene market is likely to remain highly competitive in the upcoming years. with the rise in application base of these materials and the increasing number of consumers, argentina’s alpha-methylstyrene market is set to benefit from its wide array of advantages and outlook looks promising in the 2018-2032 forecast period.