Benzene: Global Strategic Business Report

Report
113 Pages
April 2024
Region: Global
Global Industry Analysts, Inc
ID: 338567

Global Benzene Market to Reach 124.3 Million Tons by 2030

The global market for Benzene estimated at 100 Million Tons in the year 2022, is projected to reach a revised size of 124.3 Million Tons by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030. Alkyl Benzene, one of the segments analyzed in the report, is projected to record a 2.4% CAGR and reach 15.2 Million Tons by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cumene segment is readjusted to a revised 2.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at 27.3 Million Tons, While China is Forecast to Grow at 4.6% CAGR

The Benzene market in the U.S. is estimated at 27.3 Million Tons in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 24 Million Tons by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 15.8 Million Tons by the year 2030.

Select Competitors (Total 12 Featured) -

Atyrau Oil & Gas
DEZA, a. s
Egyptian Petrochemicals Holding Company (ECHEM)
Gadiv Petrochemical Industries Ltd.
Gazprom Neft PJSC
GS Caltex Corporation
JSC Mozyr Oil Refinery
Kian Petrochemical Company
Kinef
Kuwait Aromatics Co. (Karo)
Orpic
Petkim Petrokimya Holding A.S.
PJSC LUKOIL
PJSC Nizhnekamskneftekhim
Qatar Petroleum
Rabigh Refining and Petrochemical Company (PETRO RABIGH)
Repsol SA
Rosneft OJSC
Saudi Arabian Oil Company (Saudi Arabian Oil)
Saudi Kayan Petrochemical Company
SEEF Limited
Tabriz Petrochemical Company
Tosoh Corporation
Yanbu National Petrochemical Co. (Yansab)

What's New?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Benzene - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Benzene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 2: World Historic Review for Benzene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 3: World 16-Year Perspective for Benzene by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
Table 4: World Recent Past, Current & Future Analysis for Alkyl Benzene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 5: World Historic Review for Alkyl Benzene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 6: World 16-Year Perspective for Alkyl Benzene by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for Cumene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 8: World Historic Review for Cumene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 9: World 16-Year Perspective for Cumene by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
Table 10: World Recent Past, Current & Future Analysis for Cyclohexane by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 11: World Historic Review for Cyclohexane by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 12: World 16-Year Perspective for Cyclohexane by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
Table 13: World Recent Past, Current & Future Analysis for Ethyl Benzene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 14: World Historic Review for Ethyl Benzene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 15: World 16-Year Perspective for Ethyl Benzene by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
Table 16: World Recent Past, Current & Future Analysis for Nitro Benzene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 17: World Historic Review for Nitro Benzene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 18: World 16-Year Perspective for Nitro Benzene by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
Table 19: World Recent Past, Current & Future Analysis for Other Derivatives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 20: World Historic Review for Other Derivatives by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 21: World 16-Year Perspective for Other Derivatives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
Table 22: World Benzene Market Analysis of Annual Sales in Tons for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
Table 23: USA Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 24: USA Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 25: USA 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

CANADA

Table 26: Canada Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 27: Canada Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 28: Canada 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

JAPAN

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
Table 29: Japan Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 30: Japan Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 31: Japan 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

CHINA

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
Table 32: China Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 33: China Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 34: China 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

EUROPE

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
Table 35: Europe Recent Past, Current & Future Analysis for Benzene by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 36: Europe Historic Review for Benzene by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 37: Europe 16-Year Perspective for Benzene by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
Table 38: Europe Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 39: Europe Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 40: Europe 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

FRANCE

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
Table 41: France Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 42: France Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 43: France 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

GERMANY

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
Table 44: Germany Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 45: Germany Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 46: Germany 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

ITALY

Table 47: Italy Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 48: Italy Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 49: Italy 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

UNITED KINGDOM

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
Table 50: UK Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 51: UK Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 52: UK 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

SPAIN

Table 53: Spain Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 54: Spain Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 55: Spain 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

RUSSIA

Table 56: Russia Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 57: Russia Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 58: Russia 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

REST OF EUROPE

Table 59: Rest of Europe Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 60: Rest of Europe Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 61: Rest of Europe 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

ASIA-PACIFIC

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Benzene by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Tons for Years 2022 through 2030 and % CAGR
Table 63: Asia-Pacific Historic Review for Benzene by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 64: Asia-Pacific 16-Year Perspective for Benzene by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
Table 65: Asia-Pacific Recent Past, Current & Future Analysis for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives - Independent Analysis of Annual Sales in Tons for the Years 2022 through 2030 and % CAGR
Table 66: Asia-Pacific Historic Review for Benzene by Derivative - Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives Markets - Independent Analysis of Annual Sales in Tons for Years 2014 through 2021 and % CAGR
Table 67: Asia-Pacific 16-Year Perspective for Benzene by Derivative - Percentage Breakdown of Value Sales for Alkyl Benzene, Cumene, Cyclohexane, Ethyl Benzene, Nitro Benzene and Other Derivatives for the Years 2014, 2023 & 2030

AUSTRALIA

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)

INDIA

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Benzene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Atyrau Oil & Gas
DEZA, a. s
Egyptian Petrochemicals Holding Company (ECHEM)
Gadiv Petrochemical Industries Ltd.
Gazprom Neft PJSC
GS Caltex Corporation
JSC Mozyr Oil Refinery
Kian Petrochemical Company
Kinef
Kuwait Aromatics Co. (Karo)
Orpic
Petkim Petrokimya Holding A.S.
PJSC LUKOIL
PJSC Nizhnekamskneftekhim
Qatar Petroleum
Rabigh Refining and Petrochemical Company (PETRO RABIGH)
Repsol SA
Rosneft OJSC
Saudi Arabian Oil Company (Saudi Arabian Oil)
Saudi Kayan Petrochemical Company
SEEF Limited
Tabriz Petrochemical Company
Tosoh Corporation
Yanbu National Petrochemical Co. (Yansab)

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Global Benzene Market to Reach 124.3 Million Tons by 2030

The U.S. Market is Estimated at 27.3 Million Tons, While China is Forecast to Grow at 4.6% CAGR

Select Competitors (Total 12 Featured) -

What's New?

Table of Contents

Companies Mentioned (Partial List)

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