Benzene Market Trends, Share, Industry Size, Growth, Demand, Opportunities and Global Forecast By 2029

Benzene market research report draws attention to key market dynamics of the sector. A range of definitions and classification of the Food & Beverage industry, applications of the Food & Beverage industry and chain structure are provided in the report. The competitive landscape section of the report brings into light a clear insight about the market share analysis of major industry players. The company profiles of all the top players and brands that are leading the Benzene market with moves like product launches, joint ventures, mergers and acquisitions which in turn is affecting the sales, import, export, revenue and CAGR values are revealed in this market report.

By keeping in mind the end user’s point of view, a team of researchers, forecasters, analysts and industry experts work in-depth to prepare Benzene market research report. It is the most appropriate, realistic and admirable market research report delivered with a supreme devotion and comprehension of business needs. The research and analysis carried out in this report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. Benzene is the most promising market research report which has been framed in the way foreseen.

Benzene market will grow at a rate of 2.59% for the forecast period of 2021 to 2028. Rise in the demand for styrene polymers from various end-user industries acts as a vital factor driving the growth of benzene market.

The major players covered in the benzene market report are China National Petroleum Corporation, Haldia Petrochemicals Limited, PTT Global Chemical Public Company Limited, Indian Oil Corporation Ltd, NAFTPRO Petroleum Products, GS Caltex Corporation, Dow, Reliance Industries Limited, SABIC, Royal Dutch Shell Plc, Repsol, Arsol Aromatics GmbH & Co. KG, BASF SE and ExxonMobil Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Market Overview

Benzene is defined as a highly flammable, colourless, sweet smelling aromatic hydrocarbon and a ware petrochemical industrial solvent. It has a tendency to evaporate rapidly on being exposed to air and is a petrochemical product which has various subsidiaries such as aniline, alkyl benzene, cumene, cyclohexane, chlorobenzene, ethyl benzene, nitrobenzene, phenol among others. It is used in numerous sectors such as consumer products, electrical & electronics, transportation, constructions, and medical and is also used as a solvent in large range of commercial and economical industries.

Benzene Market Country Level Analysis

Benzene market is analysed and market size, volume information is provided by country, derivative and end-use industry as referenced above.

The countries covered in the benzene market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the benzene market due to increase in the crude oil production and low cost of the feedstock and economical commodity product in this region. North America is the expected region in terms of growth in benzene market due to increase in the demand for polyester, increase in the crude oil production and low cost of the feedstock and economical commodity product in this region.

The country section of the benzene market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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Highlights of TOC

Chapter 1: Market overview

Chapter 2: Global Benzene Market

Chapter 3: Regional analysis of the Global Benzene industry

Chapter 4: Global Benzene segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

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