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Exclusive Report on Benzene Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024


The “Benzene Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Benzene industry. The information available in the Benzene market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Benzene market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Benzene Market:

  • Braskem
  • Chevron Phillips Chemical Company
  • China Petrochemical Corporation
  • CPC Corporation Limited
  • Eastman Chemical Company
  • Exxon Mobil Corporation
  • Flint Hills Resources
  • JXTG Nippon Oil & Energy Corporation
  • LG Chem
  • LyondellBasell Industries Holdings B.V.
  • Marathon Petroleum Company
  • Maruzen Petrochemical
  • Mitsubishi Chemical Corporation
  • Reliance Industries Limited
  • Royal Dutch Shell PLC
  • SK global chemical Co., Ltd

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    Market Overview:

  • The market for benzene is expected to expand at a CAGR of more than 4.3% during the forecast period of 2019 – 2024. The key factor driving the market studied is the increasing demand for styrene polymers from various end-user industries such as textile, packaging, building & construction, etc.
  • – Detrimental effects of benzene exposure are likely to hinder the growth of the market studied.
  • – Downstream expansion is likely to act as an opportunity in the future.<

    Scope of the Report:

  • This report studies the global Benzene market size, industry status and forecast, competition landscape and growth opportunity.

    Reasons for Buying Benzene Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Increasing Demand for Ethylbenzene

    – Ethyl benzene is a highly-inflammable colorless liquid with an aromatic odor. It is majorly used in the manufacturing of styrene.
    – Styrene is used in the production of various products, such as polystyrene, acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) resins, styrene-butadiene elastomers, latexes, and unsaturated polyester resins.
    – Styrene Polymers are used in various products such as televisions, IT equipment, disposable medical products, like test kits, consumer electronics, like portable speakers, cassette tape housing, etc.
    – The demand for styrene is continuously growing in the Asia-Pacific, owing to increased demand for rubber tires in the regions.
    – Apart from styrene, ethylbenzene is also used as a solvent in fuels and as an intermediate for other chemical applications. These applications are likely to support the demand for and growth of ethylbenzene.
    – The increasing number of applications of styrene, such as in general-purpose polystyrene, EPS, and ABS, have also contributed to the positive trend that is expected to continue.
    – Therefore, the aforementioned factors are expected to increase the demand for benzene in the forecast period.

    Asia-Pacific Region to Dominate the Market

    – Asia-pacific presently leads the consumption of benzene with around 50% share of global consumption.
    – This region is also expected to be the fastest growing market during the forecasted period, with increasing markets for end-users like electronics and home appliances, packaging, and construction in China, India, and ASEAN countries.
    – The growth of these end-user industries, especially in emerging markets, like China, India is propelling the growth of styrene, which in turn is responsible for growth in usage of Benzene, as it is one of the key raw materials for styrene production.
    – Thus, the rising demand from various end-user industries is expected to drive the market in the region, during the forecast period.

    Benzene Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Benzene Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Drivers
    4.1.1 Increasing Demand for Styrene Polymers from Various End-user Industries
    4.1.2 Increasing Demand for Polyester
    4.2 Restraints
    4.2.1 Detrimental Effects of Benzene Exposure
    4.2.2 Other
    4.3 Industry Value-Chain Analysis
    4.4 Porters Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Feedstock Analysis and Trends
    4.6 Technological Snapshot
    4.7 Trade Analysis
    4.8 Price Trends
    4.9 Supply Scenario
    4.10 Upcoming Projects
    4.11 Regulatory Policy Analysis

    5.1 By Derivative
    5.1.1 Ethylbenzene
    5.1.2 Cumene
    5.1.3 Alkylbenzene
    5.1.4 Aniline
    5.1.5 Chlorobenzene
    5.1.6 Cyclohexane
    5.1.7 Maleic Anhydride
    5.1.8 Others
    5.2 Geography
    5.2.1 Asia-Pacific China India Japan South Korea Australia & New Zealand Rest of Asia-Pacific
    5.2.2 North America United States Canada Mexico Rest of North America
    5.2.3 Europe Germany United Kingdom Italy France Russia Rest of Europe
    5.2.4 South America Brazil Argentina Rest of South America
    5.2.5 Middle East & Africa Saudi Arabia South Africa Rest of Middle East & Africa

    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 BASF SE
    6.4.2 Braskem
    6.4.3 Chevron Phillips Chemical Company
    6.4.4 China Petrochemical Corporation
    6.4.5 CPC Corporation Limited
    6.4.6 Eastman Chemical Company
    6.4.7 Exxon Mobil Corporation
    6.4.8 Flint Hills Resources
    6.4.9 INEOS
    6.4.10 JXTG Nippon Oil & Energy Corporation
    6.4.11 LG Chem
    6.4.12 LyondellBasell Industries Holdings B.V.
    6.4.13 Marathon Petroleum Company
    6.4.14 Maruzen Petrochemical
    6.4.15 Mitsubishi Chemical Corporation
    6.4.16 Reliance Industries Limited
    6.4.17 Royal Dutch Shell PLC
    6.4.18 SABIC
    6.4.19 SK global chemical Co., Ltd

    7.1 Downstream Expansion
    7.2 Others


    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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