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Benzene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global benzene market is expected to grow at a CAGR of around 4% during 2019-2024. Benzene, with the chemical formula C­6H6, is a colorless and highly inflammable chemical compound that has a sweet, gasoline-like odor. It is formed as a by-product of the oil refining process and can also be found in crude oil, gasoline and cigarette smoke. Although widely used for diversified industrial purposes, its non-industrial usage is limited owing to its toxic nature. Continuous exposure to benzene can have detrimental health effects and it has also been identified as a carcinogen, a substance that can potentially cause cancer. Benzene was earlier used widely for de-caffeinating coffee and degreasing metals, however, less toxic chemicals are now rapidly replacing it in these applications.

Global Benzene Market Report

An increase in the utilization of insulation materials in construction activities is one of the key contributing factors to the market growth. In addition to this, owing to the growing urbanization and the rising disposable incomes, there has been an increase in the demand for consumer products such as thinners and furniture wax across the globe. Furthermore, benzene serves as a key solvent in several commercial, industrial and research operations. For instance, alkyl benzene is widely used to produce surfactants for the manufacturing of detergents. Cyclohexane, another derivative of benzene, is a basic raw material for the production of nylon, which is used to manufacture textiles. The flourishing paints and coatings industry (PCI) is another major growth-inducing factor as it incorporates benzene derivatives in the manufacturing of paints and lacquers.

IMARC Group’s latest report provides a deep insight into the global benzene market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the benzene industry in any manner.

Report Coverage:

  • Historical, Current and Future Market Trends
     
  • Market Breakup by Derivative:
    • Ethylbenzene
    • Cumene
    • Cyclohexane
    • Nitrobenzene
    • Linear Alkylbenzene
    • Maleic Anhydride
    • Others
       
  • Market Breakup by Manufacturing Process:
    • Pyrolysis Steam Cracking of Naphtha
    • Catalytic Reforming of Naphtha
    • Toluene Hydrodealkylation
    • Toluene Disproportionation
    • From Biomass
       
  • Market Breakup by Application:
    • Plastics
    • Resins
    • Synthetic Fibers
    • Rubber Lubricants
    • Others
       
  • Market Breakup by Region:
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
    • Europe
      • Germany
      • UK
      • France
      • Italy
    • North America
      • United States
      • Canada
    • Middle East and Africa
      • Saudi Arabia
      • South Africa
    • Latin America
      • Brazil
      • Argentina
         

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being BASF, Sinopec, Royal Dutch Shell, China National Petroleum Corporation, DuPont, Saudi Basic Industries Corporation, China Petroleum & Chemical Corporation, ExxonMobil Corporation, JX Holdings, BP, Borealis AG, Braskem, Repsol, Arsol Aromatics GmbH & Co. KG, etc.

Key Questions Answered in This Report:

  • How has the global benzene market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global benzene industry?
  • What is the breakup of the market based on the derivative?
  • What is the breakup of the market based on the manufacturing process?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the global benzene industry?
  • What are the key driving factors and challenges in the global benzene industry?
  • What is the structure of the global benzene industry and who are the key players?
  • What is the degree of competition in the global benzene industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Properties
    4.3    Key Industry Trends
5    Global Benzene Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Derivative
    5.4    Market Breakup by Manufacturing Process
    5.5    Market Breakup by Application
    5.6    Market Breakup by Region
    5.7    Market Forecast
6    Market Breakup by Derivative 
    6.1    Ethylbenzene 
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Cumene 
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Cyclohexane 
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Nitrobenzene 
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Linear Alkylbenzene 
        6.5.1    Market Trends
        6.5.2    Market Forecast
    6.6    Maleic Anhydride 
        6.6.1    Market Trends
        6.6.2    Market Forecast
    6.7    Others 
        6.7.1    Market Trends
        6.7.2    Market Forecast
7    Market Breakup by Manufacturing Process
    7.1    Pyrolysis Steam Cracking of Naphtha 
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Catalytic Reforming of Naphtha 
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Toluene Hydrodealkylation 
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Toluene Disproportionation 
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    From Biomass 
        7.5.1    Market Trends
        7.5.2    Market Forecast
8    Market Breakup by Application 
    8.1    Plastics 
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Resins 
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Synthetic Fibers 
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Rubber Lubricants 
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Others 
        8.5.1    Market Trends
        8.5.2    Market Forecast
9    Market Breakup by Region
    9.1    Asia Pacific
        9.1.1    Market Trends
           9.1.1.1  Major Markets
                      9.1.1.1.1   China
                      9.1.1.1.2   India
                      9.1.1.1.3   Japan
                      9.1.1.1.4   South Korea
        9.1.2    Market Forecast
    9.2    Europe
        9.2.1    Market Trends
           9.2.1.1  Major Markets
                      9.2.1.1.1   Germany
                      9.2.1.1.2   UK
                      9.2.1.1.3   France
                      9.2.1.1.4   Italy
        9.2.2    Market Forecast
    9.3    North America
        9.3.1    Market Trends
           9.3.1.1  Major Markets
                      9.3.1.1.1   United States
                      9.3.1.1.2   Canada
        9.3.2    Market Forecast
    9.4    Middle East and Africa
        9.4.1    Market Trends
           9.4.1.1  Major Markets
                      9.4.1.1.1   Saudi Arabia
                      9.4.1.1.2   South Africa
        9.4.2    Market Forecast
    9.5    Latin America
        9.5.1    Market Trends
           9.5.1.1  Major Markets
                      9.5.1.1.1   Brazil
                      9.5.1.1.2   Argentina
        9.5.2    Market Forecast
10    Trade Data 
    10.1    Import Breakup By Country 
    10.2    Export Breakup By Country 
11    SWOT Analysis 
    11.1    Overview 
    11.2    Strengths 
    11.3    Weaknesses 
    11.4    Opportunities 
    11.5    Threats 
12    Value Chain Analysis
13    Porter’s Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    BASF  
        15.3.2    Sinopec  
        15.3.3    Royal Dutch Shell 
        15.3.4    China National Petroleum Corporation 
        15.3.5    DuPont  
        15.3.6    Saudi Basic Industries Corporation 
        15.3.7    China Petroleum & Chemical Corporation
        15.3.8    ExxonMobil Corporation  
        15.3.9    JX Holdings 
        15.3.10      BP  
        15.3.11      Borealis AG 
        15.3.12      Braskem 
        15.3.13      Repsol 
        15.3.14      Arsol Aromatics GmbH & Co. KG 


List of Figures

Figure 1: Global: Benzene Market: Major Drivers and Challenges
Figure 2: Global: Benzene Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Global: Benzene Market: Breakup by Derivative (in %), 2018
Figure 4: Global: Benzene Market: Breakup by Manufacturing Process (in %), 2018
Figure 5: Global: Benzene Market: Breakup by Application (in %), 2018
Figure 6: Global: Benzene Market: Breakup by Region (in %), 2018
Figure 7: Global: Benzene Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Benzene Market: Imports Breakup by Country  (in %), 2018
Figure 9: Global: Benzene Market: Export Breakup by Country (in %), 2018
Figure 10: Global: Benzene Industry: SWOT Analysis
Figure 11: Global: Benzene Industry: Value Chain Analysis
Figure 12: Global: Benzene Industry: Porter’s Five Forces Analysis
Figure 13: Global: Benzene (Ethylbenzene) Market: Sales Value (in Million US$), 2013 & 2018
Figure 14: Global: Benzene (Ethylbenzene) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Benzene (Cumene) Market: Sales Value (in Million US$), 2013 & 2018
Figure 16: Global: Benzene (Cumene) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Benzene (Cyclohexane) Market: Sales Value (in Million US$), 2013 & 2018
Figure 18: Global: Benzene (Cyclohexane) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Benzene (Nitrobenzene) Market: Sales Value (in Million US$), 2013 & 2018
Figure 20: Global: Benzene (Nitrobenzene) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Benzene (Linear Alkylbenzene) Market: Sales Value (in Million US$), 2013 & 2018
Figure 22: Global: Benzene (Linear Alkylbenzene) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Benzene (Maleic Anhydride) Market: Sales Value (in Million US$), 2013 & 2018
Figure 24: Global: Benzene (Maleic Anhydride) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Benzene (Other Derivatives) Market: Sales Value (in Million US$), 2013 & 2018
Figure 26: Global: Benzene (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Benzene (Pyrolysis Steam Cracking of Naphtha) Market: Sales Value (in Million US$), 2013 & 2018
Figure 28: Global: Benzene (Pyrolysis Steam Cracking of Naphtha) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Benzene (Catalytic Reforming of Naphtha) Market: Sales Value (in Million US$), 2013 & 2018
Figure 30: Global: Benzene (Catalytic Reforming of Naphtha) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Global: Benzene (Toluene Hydrodealkylation) Market: Sales Value (in Million US$), 2013 & 2018
Figure 32: Global: Benzene (Toluene Hydrodealkylation) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Global: Benzene (Toluene Disproportionation) Market: Sales Value (in Million US$), 2013 & 2018
Figure 34: Global: Benzene (Toluene Disproportionation) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Global: Benzene (From Biomass) Market: Sales Value (in Million US$), 2013 & 2018
Figure 36: Global: Benzene (From Biomass) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Global: Benzene (Plastics) Market: Sales Value (in Million US$), 2013 & 2018
Figure 38: Global: Benzene (Plastics) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Global: Benzene (Resins) Market: Sales Value (in Million US$), 2013 & 2018
Figure 40: Global: Benzene (Resins) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Global: Benzene (Synthetic Fibers) Market: Sales Value (in Million US$), 2013 & 2018
Figure 42: Global: Benzene (Synthetic Fibers) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 43: Global: Benzene (Rubber Lubricants) Market: Sales Value (in Million US$), 2013 & 2018
Figure 44: Global: Benzene (Rubber Lubricants) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 45: Global: Benzene (Other Applications) Market: Sales Value (in Million US$), 2013 & 2018
Figure 46: Global: Benzene (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 47: Asia Pacific: Benzene Market: Sales Value (in Million US$), 2013 & 2018
Figure 48: Asia Pacific: Benzene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 49: Europe: Benzene Market: Sales Value (in Million US$), 2013 & 2018
Figure 50: Europe: Benzene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 51: North America: Benzene Market: Sales Value (in Million US$), 2013 & 2018
Figure 52: North America: Benzene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 53: Middle East and Africa: Benzene Market: Sales Value (in Million US$), 2013 & 2018
Figure 54: Middle East and Africa: Benzene Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 55: Latin America: Benzene Market: Sales Value (in Million US$), 2013 & 2018
Figure 56: Latin America: Benzene Market Forecast: Sales Value (in Million US$), 2019-2024


List of Tables

Table 1: Benzene: Physical Properties
Table 2: Benzene: Chemical Properties
Table 3: Global: Benzene Market: Key Industry Highlights, 2018 and 2024
Table 4: Global: Benzene Market Forecast: Breakup by Derivative (in Million US$), 2019-2024
Table 5: Global: Benzene Market Forecast: Breakup by Manufacturing Process (in Million US$), 2019-2024
Table 6: Global: Benzene Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 7: Global: Benzene Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 8: Global: Benzene Market Structure
Table 9: Global: Benzene Market: Key Players

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