Global Benzene Market 2017-2021

  • ID: 4417882
  • Report
  • Region: Global
  • 75 pages
  • TechNavio
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FEATURED COMPANIES

  • BASF
  • ExxonMobil
  • GS Caltex
  • Haldia Petrochemicals
  • Indian Oil Corporation
  • Phillips 66
  • MORE
About Benzene

Benzene is one of the natural components of crude oil. It is a highly flammable colorless liquid with a sweet odor. Benzene is primarily used as an intermediate to make chemicals such as styrene, ethylbenzene, cumene, cyclohexane, and nitrobenzene. More than 50% of the entire benzene produced is processed into styrene, which is used to make plastics and polymers. A small amount of benzene is used to make rubbers, detergents, explosives, lubricants, dyes, drugs, and pesticides.

The analysts forecast the global benzene market to grow at a CAGR of 4.51% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global benzene market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Benzene Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • ExxonMobil
  • Reliance Industries Limited
  • Shell
  • The Dow Chemical Company
Other prominent vendors
  • China National Petroleum Corporation (CNPC)
  • GS Caltex
  • Haldia Petrochemicals
  • Indian Oil Corporation
  • NAFTPRO Petroleum Products
  • Phillips 66
  • PTT Global Chemical
  • RÜTGERS
  • Saudi Arabian Oil
Market drivers
  • Increasing demand for benzene for various applications
  • For a full, detailed list, view the full report
Market challenges
  • Fluctuating prices of benzene in the domestic markets of various countries
  • For a full, detailed list, view the full report
Market trends
  • Declining crude oil prices
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • BASF
  • ExxonMobil
  • GS Caltex
  • Haldia Petrochemicals
  • Indian Oil Corporation
  • Phillips 66
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by derivative
  • Global benzene market by derivative
  • Global benzene market by styrene
  • Global benzene market by cumene
  • Global benzene market by cyclohexane
  • Global benzene market by aniline
  • Global market for other benzene derivatives
PART 07: Regional landscape
  • Geographical segmentation
  • Regional comparison
  • APAC - Market size and forecast
  • Americas - market size and forecast
  • EMEA - market size and forecast
  • Key leading countries
  • Market opportunity
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Declining crude oil prices
  • Technological advances in benzene production
  • Increasing investments in the Middle East
PART 11: Vendor landscape
  • Competitive scenario
  • Major market vendors
  • Other prominent vendors
PART 12: Key vendor analysis
  • BASF
  • ExxonMobil
  • Reliance Industries Limited
  • Shell
  • The Dow Chemical Company
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Value chain of benzene
Exhibit 02: Chemical properties of benzene
Exhibit 03: Global benzene market overview
Exhibit 04: Global benzene market 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global benzene market by derivative 2016 (%)
Exhibit 07: Global benzene market by derivative 2021 (%)
Exhibit 08: Global benzene market by derivative 2016-2021 (% share)
Exhibit 09: Global benzene market by styrene 2016-2021 ($ millions)
Exhibit 10: Global benzene market by cumene 2016-2021 ($ millions)
Exhibit 11: Global benzene market by cyclohexane 2016-2021 ($ millions)
Exhibit 12: Global benzene market by aniline 2016-2021 ($ millions)
Exhibit 13: Global market for other benzene derivatives 2016-2021 ($ millions)
Exhibit 14: Benzene market comparison by region 2016-2021 (% share)
Exhibit 15: Regional comparison
Exhibit 16: APAC - market size and forecast 2016-2021 ($ millions)
Exhibit 17: APAC - Year-over-year growth 2017-2021 (%)
Exhibit 18: Americas - market size and forecast 2016-2021 ($ millions)
Exhibit 19: Americas - Year-over-year growth 2017-2021 (%)
Exhibit 20: EMEA - market size and forecast 2016-2021 ($ millions)
Exhibit 21: EMEA - Year-over-year growth 2017-2021 (%)
Exhibit 22: Key leading countries 2016
Exhibit 23: Global benzene market: Major market vendors 2016
Exhibit 24: BASF: Business segmentation by revenue 2016
Exhibit 25: BASF: Geographical segmentation by revenue 2016
Exhibit 26: ExxonMobil: Business segmentation by revenue 2016
Exhibit 27: ExxonMobil: Geographical segmentation by revenue 2016
Exhibit 28: Reliance Industries Limited: Business segmentation by revenue 2016
Exhibit 29: Reliance Industries Limited: Segmentation of revenue by geography 2016
Exhibit 30: Shell: Business segmentation by revenue 2016
Exhibit 31: Shell: Geographical segmentation by revenue 2016
Exhibit 32: The Dow Chemical Company: Business segmentation by revenue 2016
Exhibit 33: The Dow Chemical Company: Geographic segmentation by revenue 2016
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FEATURED COMPANIES

  • BASF
  • ExxonMobil
  • GS Caltex
  • Haldia Petrochemicals
  • Indian Oil Corporation
  • Phillips 66
  • MORE
New Report Released: - Global Benzene Market 2017-2021

The author of the report recognizes the following companies as the key players in the global benzene market: BASF, ExxonMobil, Reliance Industries Limited, Shell, and The Dow Chemical Company.

Other Prominent Vendors in the market are: China National Petroleum Corporation (CNPC), GS Caltex, Haldia Petrochemicals, Indian Oil Corporation, NAFTPRO Petroleum Products, Phillips 66, PTT Global Chemical, RÜTGERS, and Saudi Arabian Oil.

Commenting on the report, an analyst from the research team said: “One trend in the market is declining crude oil prices. The basic raw material for manufacturing benzene is naphtha. Naphtha is derived from crude oil by its fractional distillation. Petrochemical prices are dependent on crude oil prices, which tend to fluctuate. The fluctuating crude oil prices affect the prices of the raw material, affecting the cost of production of benzene.”

According to the report, one driver in the market is increasing demand for benzene for various applications. Benzene is commonly used as a raw material for the industrial production of chemicals, such as phenol, styrene, cumene, and aniline. It is an important component of many paint products such as sealants, top coats, solvents, and spray paints lacquers. Auto repair facilities use products manufactured from benzene for cleaning hydraulic systems, brakes, and fuel system components. Benzene is also used to manufacture rubber tires and is a major component of asphalt and crude oil.

Further, the report states that one challenge in the market is fluctuating prices of benzene in the domestic markets of various countries. The fluctuating price of benzene has been one of the major factors hindering the growth of the benzene market in China. Being one of the top manufacturers and consumers of benzene, China saw price fluctuations for benzene in 2016. Major manufacturers such as Sinopec have increased their benzene prices in North China by 300 CHY ($45.39) per ton. The benzene price in China in 2016 was 6,900 CHY ($1,043.97) per ton. Benzene prices in China increased due to a prolonged tightness in cargo availability in the domestic market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • BASF
  • ExxonMobil
  • Reliance Industries Limited
  • Shell
  • The Dow Chemical Company
  • China National Petroleum Corporation (CNPC)
  • GS Caltex
  • Haldia Petrochemicals
  • Indian Oil Corporation
  • NAFTPRO Petroleum Products
  • Phillips 66
  • PTT Global Chemical
  • RÜTGERS
  • Saudi Arabian Oil
Note: Product cover images may vary from those shown
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