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Benzene Market Size, Share And Industry Analysis By Derivative, By Manufacturing Process, By Application, By End-Users And Region, Segment Forecasts To 2027

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    Report

  • 160 Pages
  • January 2020
  • Region: Global
  • Reports and Data
  • ID: 5356027
Description Jump to:
Growing petrochemical industry globally, and rising need for benzene for various applications in the industry are key factors driving market revenue growth.

Market Size - USD 89.46 Billion in 2020, Market Growth - CAGR of 3.6%, Market Trends - Rising demand for benzene from the Asia Pacific market.

The global benzene market size is expected to reach USD 118.99 Billion in 2028, and register a CAGR of 3.6% during the forecast period. Growing demand for benzene from various end use industries such as packaging, textiles, and agriculture, among others is a major factor expected to drive growth of the global benzene market. Benzene is widely used to manufacture certain types of drugs, rubbers, lubricants, dyes, detergents, and pesticides. Benzene is obtained from natural sources such as volcanoes and forest fires. It also occurs naturally in cigarette smoke, gasoline, and crude oil.

Rapidly increasing number of construction projects globally, and widening scope of applications of insulation materials in the construction industry are other major factors boosting market growth.

Some Key Findings From the Report:
  • Among the manufacturing process segments, the catalytic reforming segment accounted for the largest revenue share of 24.6% in 2020. Increasing use of catalytic reforming in refineries to manufacture high-octane reformate for high-value aromatics of benzene and gasoline blend for petrochemical use is a major factor driving revenue growth of this segment.
  • The Asia Pacific market accounted for major revenue contribution of USD 51.88 Billion in 2020, and is expected to continue with its dominance during the forecast period, due to strong presence of major players in countries such as China in the region, and constantly focus of manufacturers on technological advancements.
  • Key players profiled in the report include Sinopec (China Petroleum & Chemical Corporation), BASF SE, Dow DuPont, Saudi Basic Industries Corporation (SABIC), ExxonMobil Corporation, China National Petroleum Corporation, Royal Dutch Shell PLC., JX Holdings, BP PLC., and Borealis AG. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.

For the purpose of this report, the global benzene market is segmented on the basis of derivative, manufacturing process, application, end use, and region:

Derivative Outlook (Revenue, USD Billion; 2018 - 2028)
  • Cumene
  • Aniline
  • Ethylbenzene
  • Cyclohexane
  • Chlorobenzene
  • Maleic Anhydride
  • Alkylbenzene

Manufacturing Process Outlook (Revenue, USD Billion; 2018 - 2028)
  • Catalytic Reforming
  • Toluene disproportionation
  • Toluene hydrodealkylation
  • Pyrolysis Steam Cracking of Naphtha
  • From Biomass

Application Outlook (Revenue, USD Billion; 2018 - 2028)
  • Plastics
  • Solvent
  • Chemical Intermediates
  • Surfactants
  • Rubber Manufacturing
  • Detergents
  • Explosives
  • Lubricants
  • Pesticides
  • Others

End Use Outlook (Revenue, USD Billion; 2018 - 2028)
  • Packaging
  • Pharmaceuticals
  • Agriculture
  • Constructions
  • Textiles
  • Others

Region Outlook (Revenue, USD Billion; 2018 - 2028)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Benelux
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa

Reasons to Buy the Report
  • A robust analysis and estimation of the Benzene Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in the Benzene Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

Table of Contents

Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Benzene Market Segmentation & Impact Analysis
4.1. Benzene Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for Polyester
4.2.2.2. High demand for Styrene Polymers from Various End-users
4.2.3. Market restraints analysis
4.2.3.1. Toxic effect of prolonged exposure to benzene
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Chapter 5. Benzene By Derivative Insights & Trends
5.1. Derivative Dynamics & Market Share, 2019 & 2027
5.2. Cumene
5.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.3. Aniline
5.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.4. Ethylbenzene
5.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.5. Cyclohexane
5.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.6. Chlorobenzene
5.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.7. Maleic Anhydride
5.7.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.7.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
5.8. Alkylbenzene
5.8.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
5.8.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
Chapter 6. Benzene By Manufacturing Process Insights & Trends
6.1. Manufacturing Process Dynamics & Market Share, 2019 & 2027
6.2. Catalytic Reforming
6.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3. Toluene disproportionation
6.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.4. Toluene hydrodealkylation
6.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.5. Pyrolysis Steam Cracking of Naphtha
6.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
6.6. From Biomass
6.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
6.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
Chapter 7. Benzene By Application Insights & Trends
7.1. Application Dynamics & Market Share, 2019 & 2027
7.2. Plastics
7.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.3. Solvent
7.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.4. Chemical Intermediates
7.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.5. Surfactants
7.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.6. Rubber Manufacturing
7.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.7. Detergents
7.7.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.7.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.8. Explosives
7.8.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.8.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.9. Lubricants
7.9.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.9.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.10. Pesticides
7.10.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.10.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
7.11. Others
7.11.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
7.11.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
Chapter 8. Benzene By End-Users Insights & Trends
8.1. End-Users Dynamics & Market Share, 2019 & 2027
8.2. Packaging
8.2.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.2.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.3. Pharmaceuticals
8.3.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.3.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.4. Agriculture
8.4.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.4.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.5. Constructions
8.5.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.5.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.6. Textiles
8.6.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.6.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
8.7. Others
8.7.1. Market estimates and forecast, 2016 - 2027 (USD Billion) (Kilo Tons)
8.7.2. Market estimates and forecast, By Region, 2016 - 2027 (USD Billion) (Kilo Tons)
Chapter 9. Benzene Market Regional Outlook
9.1. Benzene Market share By Region, 2019 & 2027
9.2. North America
9.2.1. North America Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.2.2. North America Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.2.3. North America Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.2.4. North America Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.2.5. North America Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.2.6. U.S.
9.2.6.1. U.S. Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.2.6.2. U.S. Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.2.6.3. U.S. Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.2.6.4. U.S. Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.2.6.5. U.S. Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.3. Europe
9.3.1. Europe Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.3.2. Europe Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.3. Europe Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.4. Europe Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.5. Europe Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.6. U.K.
9.3.6.1. U.K. Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.3.6.2. U.K. Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.6.3. U.K. Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.6.4. U.K. Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.6.5. U.K. Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.7. France
9.3.7.1. France Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.3.7.2. France Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.7.3. France Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.7.4. France Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.3.7.5. France Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.4. Asia-Pacific
9.4.1. Asia-Pacific Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.4.2. Asia-Pacific Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.3. Asia-Pacific Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.4. Asia-Pacific Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.5. Asia-Pacific Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.6. China
9.4.6.1. China Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.4.6.2. China Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.6.3. China Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.6.4. China Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.6.5. China Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.7. India
9.4.7.1. India Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.4.7.2. India Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.7.3. India Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.7.4. India Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.7.5. India Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.8. Japan
9.4.8.1. Japan Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.4.8.2. Japan Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.8.3. Japan Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.8.4. Japan Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.4.8.5. Japan Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.5. Middle East and Africa
9.5.1. Middle East and Africa Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.5.2. Middle East and Africa Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.5.3. Middle East and Africa Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.5.4. Middle East and Africa Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.5.5. Middle East and Africa Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.6. Latin America
9.6.1. Latin America Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.6.2. Latin America Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.6.3. Latin America Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.6.4. Latin America Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.6.5. Latin America Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
9.6.6. Brazil
9.6.6.1. Brazil Benzene Market estimates and forecast, 2016 - 2027, (USD Billion) (Kilo Tons)
9.6.6.2. Brazil Benzene Market estimates and forecast By Form, 2016 -2026, (USD Billion) (Kilo Tons)
9.6.6.3. Brazil Benzene Market estimates and forecast by Manufacturing Process, 2016 -2026, (USD Billion) (Kilo Tons)
9.6.6.4. Brazil Benzene Market estimates and forecast by Application, 2016 -2026, (USD Billion) (Kilo Tons)
9.6.6.5. Brazil Benzene Market estimates and forecast By End Users, 2016 -2026, (USD Billion) (Kilo Tons)
Chapter 10. Competitive Landscape
10.1. Market Revenue Share By Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape
Chapter 11. Company Profiles
11.1. Sinopec
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
11.2. BASF SE
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Technology Insights
11.2.4. Strategic Initiatives
11.3. Dow DuPont
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Technology Insights
11.3.4. Strategic Initiatives
11.4. Saudi Basic Industries Corporation
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Technology Insights
11.4.4. Strategic Initiatives
11.5. ExxonMobil Corporation
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Technology Insights
11.5.4. Strategic Initiatives
11.6. China National Petroleum Corporation
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Technology Insights
11.6.4. Strategic Initiatives
11.7. Royal Dutch Shell plc.
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Technology Insights
11.7.4. Strategic Initiatives
11.8. JX Holdings
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Technology Insights
11.8.4. Strategic Initiatives
11.9. Bp Plc.
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Technology Insights
11.9.4. Strategic Initiatives
11.10. Borealis AG
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Technology Insights
11.10.4. Strategic Initiatives

Companies Mentioned

  • Sinopec
  • BASF SE
  • Dow DuPont
  • Saudi Basic Industries Corporation
  • ExxonMobil Corporation
  • China National Petroleum Corporation
  • Royal Dutch Shell plc. JX Holdings
  • Bp Plc.
  • Borealis AG

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