DUBLIN--(BUSINESS WIRE)--The "Benzene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
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.
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.
This 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.
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?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
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
4.3 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
6.1.1 Market Trends
6.1.2 Market Forecast
6.5 Linear Alkylbenzene
6.6 Maleic Anhydride
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
7.3 Toluene Hydrodealkylation
7.4 Toluene Disproportionation
7.5 From Biomass
8 Market Breakup by Application
8.1.1 Market Trends
8.1.2 Market Forecast
8.3 Synthetic Fibers
8.4 Rubber Lubricants
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 Market Trends
220.127.116.11 Major Markets
18.104.22.168.4 South Korea
9.1.2 Market Forecast
9.3 North America
22.214.171.124.1 United States
9.4 Middle East and Africa
126.96.36.199.1 Saudi Arabia
188.8.131.52.2 South Africa
9.5 Latin America
10 Trade Data
10.1 Import Breakup By Country
10.2 Export Breakup By Country
11 SWOT Analysis
12 Value Chain Analysis
13 Porter's Five Forces Analysis
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
15.3.3 Royal Dutch Shell
15.3.4 China National Petroleum Corporation
15.3.6 Saudi Basic Industries Corporation
15.3.7 China Petroleum & Chemical Corporation
15.3.8 ExxonMobil Corporation
15.3.9 JX Holdings
15.3.11 Borealis AG
15.3.14 Arsol Aromatics GmbH & Co. KG
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