Global Benzene Market Trends, Analysis, Growth Outlook and Overview to 2025
“This comprehensive Global Benzene Market research report consist of a brief about market trends which help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report examine the market size, industry share, growth, key segments, CAGR and key drivers.�
Global benzene market is segmented on the basis of derivatives, application and geography. Benzene is a basic petrochemical that is obtained as a by-product during production of ethylene and propylene. Steam cracking of naphtha followed by its extractive distillation is a conventional route for producing benzene. Benzene is also produced from hydroalkylation of toluene. Synthetic rubber industry is the largest consumer of benzene, wherein it is processed for producing derivatives such as ethylbenzene, a precursor to styrene used to manufacture Styrene-Butadiene Resins (SBR), Styrene Butadiene Latex (SB Latex), etc. Benzene is a hydrocarbon that contains six carbon and six hydrogen atoms. Benzene is one of the constituents of crude oil. Its chemical structure is cyclic with atoms joined by continuous pi-bonds. It is a colourless, highly flammable liquid with a sweet odour. It is basically used as a predecessor to heavy chemicals such as ethylbenzene and cumene. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/benzene-market
Globally, the benzene market rapidly increasing due to the rapid growth in automotive industry, heavy demand for ethylene and paraxylene and gasoline has increased direct supply of benzene. The benzene market is therefore expected to grow during the forecast period. On the basis of derivatives, the benzene industry is segmented into alkylbenzene, chlorobenzene, aniline, cumene, cyclohexane, ethylbenzene, maleic anhydride, and nitrobenzene and so on. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/benzene-market/request-sample
Asia-Pacific is the most promising chemical market and is expected to be the same in the coming years. Asia-Pacific is the largest market of benzene to consume a significant percent of the entire global demand in the past few years, and also for most of its derivatives that include ethylbenzene, cyclohexane, cumene, nitrobenzene and alkylbenzene.It is estimated that China and Japan were the biggest consumers of benzene in the region followed by South Korea in the past while India is expected to be the fastest growing market of benzene. See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/chemicals
Market Segment: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Benzene in these regions, from 2013 to 2025 (forecast), covering • North America • Europe • China • Japan • Southeast Asia • India
Global Benzene market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • BASF • ExxonMobil • Reliance Industries Limited • Shell • The Dow Chemical Company • China National Petroleum Corporation (CNPC) • GS Caltex • Haldia Petrochemicals • Indian Oil Corporation
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into • Analysis Grade • Industrial Grade • Pharmaceutical Grade
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including • Spices • Dye • Medicine
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/benzene-market
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