+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Benzene-Petrochemicals Global Market Report 2024

  • PDF Icon

    Report

  • 175 Pages
  • November 2023
  • Region: Global
  • The Business Research Company
  • ID: 5733995

Quick Summary:

In today's competitive business environment, having an in-depth understanding of key industries such as the benzene-petrochemicals market is essential. Our comprehensive market research report provides you with in-depth insights into this lucrative industry, covering the Asian-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa regions. With benzene-petrochemicals at the heart of producing various intermediary goods like plastics, resins, dyes, detergents, drugs, pesticides, nylons, and synthetic fibers, understanding this industry is of paramount importance to senior business executives involved in these sectors.

Moreover, technological advancements are increasingly shaping the benzene petrochemical market. Our report includes crucial info about companies like Germany's Covestro and the Netherlands-based BioBTX, making leaps in terms of environmental responsibility within benzene's production cycle. Plus, discover how the acquisition strategies of giants like Ineos are fit to transform market dynamics. Utilize our market research report to gain a competitive advantage and make informed strategic decisions.

The benzene-petrochemicals market size has grown steadily in recent years. It will grow from $73.01 billion in 2023 to $75.59 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The growth observed in the historical period can be ascribed to several factors, including the heightened demand for plastics, expanding population and urbanization, increased disposable incomes, the continuous rise of industrialization, ample availability of feedstock, and the growing sectors of pharmaceuticals and chemicals. production.

The benzene-petrochemicals market size is expected to see steady growth in the next few years. It will grow to $87.97 billion in 2028 at a compound annual growth rate (CAGR) of 3.9%. The anticipated growth in the forecast period is connected to various factors, including the demand from the automotive industry, expansion in construction and infrastructure development, growth within the petrochemical industry, increased manufacturing of consumer goods, and overall economic growth. Significant trends in this period will involve advanced petrochemical technologies, the emergence of bio-based benzene, specialized and high-value chemicals, the integration of digitalization and Industry 4.0 practices, along with the development of specialized benzene derivatives.

The benzene market is experiencing growth due to the increased use of styrene. Ethylbenzene, a benzene derivative, serves as a key component in the production of styrene. Styrene finds widespread application in manufacturing various products such as styrene-acrylonitrile (SAN), acrylonitrile-butadiene-styrene (ABS), polystyrene, styrene-butadiene elastomers, latexes, unsaturated polyester resins, among others. The automotive industry is particularly driving the increased demand for styrene-based polymers and copolymers due to their lightweight properties. For instance, according to the American Chemistry Council (ACC), a 10% reduction in vehicle weight leads to a 6-8% improvement in fuel economy. The use of plastics like styrene in vehicle construction reduces weight, thereby enhancing fuel efficiency. Manufacturers also benefit from reduced assembly time and cost, further incentivizing the use of styrene-based polymers and copolymers, especially within the automotive sector, contributing significantly to the growth of the benzene market.

Benzene is typically manufactured through several processes, including pyrolysis steam cracking of naphtha, catalytic reforming of naphtha, toluene hydrodealkylation, toluene disproportionation, and from biomass sources. Toluene disproportionation involves a trans-alkylation reaction that converts toluene into xylene and benzene, utilizing a nickel-mordenite catalyst in the presence of hydrogen. Benzene is used as a precursor for various derivatives like ethylbenzene, cumene, alkylbenzene, aniline, chlorobenzene, cyclohexane, maleic anhydride, among others. Its applications span across plastics, resins, synthetic fibers, and rubber lubricants.

The benzene-petrochemicals market research report is one of a series of new reports that provides benzene-petrochemicals market statistics, including benzene-petrochemicals industry global market size, regional shares, competitors with a benzene-petrochemicals market share, detailed benzene-petrochemicals market segments, market trends and opportunities, and any further data you may need to thrive in the benzene-petrochemicals industry. This benzene-petrochemicals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The expanding demand for oil and gas production is anticipated to drive the growth of the benzene petrochemicals market in the foreseeable future. Benzene petrochemicals are products derived from the oil and gas industry, serving as the primary feedstock sourced from hydrocarbons. This sector significantly influences the capacity for production, price variations, product diversity, market competitiveness, and investment opportunities due to the substantial demand it generates. For instance, based on data from the US Energy Information Administration in March 2023, crude oil output reached 12.4 million b/d in 2023, an increase from 11.7 million b/d in 2022. Moreover, the average daily natural gas consumption in the US in 2022 was recorded at 86.6 billion cubic feet (Bcf/d), representing the highest annual consumption compared to figures in 2020. Thus, the escalating demand for oil and gas production is a key factor propelling the growth of the benzene petrochemicals market.

Strict safety regulations associated with the production and transportation of benzene have posed a significant challenge to the market. Benzene, being highly flammable and toxic under extreme conditions, necessitates substantial investments by companies in equipment, technologies, and processes to control and limit its toxic levels, which could have detrimental effects on the environment and human health. To ensure safety, government bodies have enforced regulations limiting the release of benzene into the environment. For example, the EPA (Environmental Protection Agency) has defined a maximum permissible level of benzene in drinking water at 5 parts per billion (ppb). These stringent regulations have led to increased operational costs for companies in this industry, curbing their overall growth potential.

Numerous enterprises in the benzene industry are prioritizing research and development efforts aimed at exploring novel technologies and methodologies for benzene production. These innovations are envisioned to address environmental concerns. For example, Covestro, a German materials company, received an initial supply of 2,000 metric tons of sustainable benzene from Total, a French petroleum corporation, in January 2021. This delivery empowers Covestro to participate in the circular economy. The growing adoption of such technological advancements aimed at reducing emissions is anticipated to drive market growth.

Key players in the benzene petrochemical market are driving innovation in their product offerings, including bromo benzene, to maintain a competitive advantage. Bromo benzene is a chemical compound with the molecular formula C6H5Br and features as a benzene petrochemical that exhibits both hepatotoxic and nephrotoxic properties. For instance, Chemcon Speciality Chemicals Limited, an India-based chemical manufacturing company, introduced bromo benzene in May 2022. This compound, a clear, colorless or pale-yellow liquid, finds applications as a Grignard reagent, solvent, and chemical intermediate. Structurally akin to benzene, it involves the replacement of a single hydrogen atom with a bromine molecule.

In March 2023, Aramco, a Saudi Arabian petroleum and natural gas company specializing in benzene-petrochemicals, completed the acquisition of Valvoline Inc. for $2.65 billion. This strategic acquisition allows Aramco to extend its global lubricant growth initiative and capitalize on Valvoline's international base oil production and research and development (R&D) expertise with original equipment manufacturers (OEMs). Valvoline Inc. is a United States-based automotive services company that offers benzene-infused products for the automotive industry.

Major companies operating in the benzene-petrochemicals market include Angarsk Petrochemical Company, Alexandria National Refining and Petrochemicals Company, Arsol Aromatics GmbH & Co. KG, Atyrau Oil & Gas, BASF SE, Borealis AG, BP PLC, Braskem SA, Chevron Phillips Chemical Company, China National Petroleum Corporation, China Petrochemical Corporation, China Petroleum & Chemical Corporation (Sinopec), CPC Corporation Limited, Deza AS, Eastman Chemical Company, Egyptian Petrochemicals Holding Company, Exxon Mobil Corporation, Flint Hills Resources LLC, Gadiv Petrochemical Industries Ltd., Gazprom Neft PJSC, GS Caltex Corporation, INEOS Group, JSC Mozyr Oil Refinery, ENEOS Holdings Inc., JXTG Nippon Oil & Energy Corporation, Kian Petrochemical Company, Kuwait Aromatics Co. (Karo), LG Chem Ltd., Shell PLC, Hengyi Industries Sdn Bhd, Maruzen Petrochemical Co. Ltd., Mitsubishi Chemical Corporation

Asia-Pacific was the largest region in the benzene-petrochemicals market in 2023. Middle East was the second-largest region in the global benzene-petrochemicals market. The regions covered in the benzene-petrochemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the benzene-petrochemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The benzene petrochemical market consists of the sales of benzene petrochemicals used as an intermediary chemical in the production of plastics, resins, dyes, detergents, drugs, pesticides, nylons, and synthetic fibers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Benzene-Petrochemicals Market Characteristics3. Benzene-Petrochemicals Market Trends And Strategies
4. Benzene-Petrochemicals Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Benzene-Petrochemicals Market Size and Growth
5.1. Global Benzene-Petrochemicals Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Benzene-Petrochemicals Historic Market Size and Growth, 2018 2023, Value ($ Billion)
5.3. Global Benzene-Petrochemicals Forecast Market Size and Growth, 2023 2028, 2033F, Value ($ Billion)
6. Benzene-Petrochemicals Market Segmentation
6.1. Global Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Pyrolysis Steam Cracking of Naphtha
  • Catalytic Reforming of Naphtha
  • Toluene Hydrodealkylation
  • Toluene Disproportionation
  • From Biomass
6.2. Global Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Ethylbenzene
  • Cumene
  • Alkylbenzene
  • Aniline
  • Chlorobenzene
  • Cyclohexane
  • Maleic Anhydride
  • Other Derivatives
6.3. Global Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Plastics
  • Resins
  • Synthetic Fibers
  • Rubber Lubricants
7. Benzene-Petrochemicals Market Regional And Country Analysis
7.1. Global Benzene-Petrochemicals Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Benzene-Petrochemicals Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Benzene-Petrochemicals Market
8.1. Asia-Pacific Benzene-Petrochemicals Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Benzene-Petrochemicals Market
9.1. China Benzene-Petrochemicals Market Overview
9.2. China Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Benzene-Petrochemicals Market
10.1. India Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Benzene-Petrochemicals Market
11.1. Japan Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Benzene-Petrochemicals Market
12.1. Australia Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Benzene-Petrochemicals Market
13.1. Indonesia Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Benzene-Petrochemicals Market
14.1. South Korea Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Benzene-Petrochemicals Market
15.1. Western Europe Benzene-Petrochemicals Market Overview
15.2. Western Europe Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Benzene-Petrochemicals Market
16.1. UK Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Benzene-Petrochemicals Market
17.1. Germany Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Benzene-Petrochemicals Market
18.5. France Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Benzene-Petrochemicals Market
19.9. Italy Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Benzene-Petrochemicals Market
20.13. Spain Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Benzene-Petrochemicals Market
21.1. Eastern Europe Benzene-Petrochemicals Market Overview
21.2. Eastern Europe Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Benzene-Petrochemicals Market
22.1. Russia Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Benzene-Petrochemicals Market
23.1. North America Benzene-Petrochemicals Market Overview
23.2. North America Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Benzene-Petrochemicals Market
24.1. USA Benzene-Petrochemicals Market Overview
24.2. USA Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Benzene-Petrochemicals Market
25.1. Canada Benzene-Petrochemicals Market Overview
25.2. Canada Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Benzene-Petrochemicals Market
26.1. South America Benzene-Petrochemicals Market Overview
26.2. South America Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Benzene-Petrochemicals Market
27.1. Brazil Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Benzene-Petrochemicals Market
28.1. Middle East Benzene-Petrochemicals Market Overview
28.2. Middle East Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Benzene-Petrochemicals Market
29.1. Africa Benzene-Petrochemicals Market Overview
29.2. Africa Benzene-Petrochemicals Market, Segmentation By Manufacturing Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Benzene-Petrochemicals Market, Segmentation By Derivative, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Benzene-Petrochemicals Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Benzene-Petrochemicals Market Competitive Landscape And Company Profiles
30.1. Benzene-Petrochemicals Market Competitive Landscape
30.2. Benzene-Petrochemicals Market Company Profiles
30.2.1. Angarsk Petrochemical Company
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Alexandria National Refining and Petrochemicals Company
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Arsol Aromatics GmbH & Co. KG
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Atyrau Oil & Gas
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. BASF SE
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Benzene-Petrochemicals Market Competitive Benchmarking32. Global Benzene-Petrochemicals Market Competitive Dashboard33. Key Mergers And Acquisitions In The Benzene-Petrochemicals Market
34. Benzene-Petrochemicals Market Future Outlook and Potential Analysis
34.1 Benzene-Petrochemicals Market In 2028 - Countries Offering Most New Opportunities
34.2 Benzene-Petrochemicals Market In 2028 - Segments Offering Most New Opportunities
34.3 Benzene-Petrochemicals Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Benzene-Petrochemicals Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on benzene-petrochemicals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for benzene-petrochemicals? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

  • Markets Covered: 1) By Manufacturing Process: Pyrolysis Steam Cracking of Naphtha; Catalytic Reforming of Naphtha; Toluene Hydrodealkylation; Toluene Disproportionation; From Biomass; 2) By Derivative: Ethylbenzene; Cumene; Alkylbenzene; Aniline; Chlorobenzene; Cyclohexane; Maleic Anhydride; Other Derivatives; 3) By Application: Plastics; Resins; Synthetic Fibers; Rubber Lubricants
  • Companies Mentioned: Angarsk Petrochemical Company; Alexandria National Refining and Petrochemicals Company; Arsol Aromatics GmbH & Co. KG; Atyrau Oil & Gas; BASF SE
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Angarsk Petrochemical Company
  • Alexandria National Refining and Petrochemicals Company
  • Arsol Aromatics GmbH & Co. KG
  • Atyrau Oil & Gas
  • BASF SE
  • Borealis AG
  • BP plc
  • Braskem SA
  • Chevron Phillips Chemical Company
  • China National Petroleum Corporation
  • China Petrochemical Corporation
  • China Petroleum & Chemical Corporation (Sinopec)
  • CPC Corporation Limited
  • Deza AS
  • Eastman Chemical Company
  • Egyptian Petrochemicals Holding Company
  • Exxon Mobil Corporation
  • Flint Hills Resources LLC
  • Gadiv Petrochemical Industries Ltd.
  • Gazprom Neft PJSC
  • GS Caltex Corporation
  • INEOS Group
  • JSC Mozyr Oil Refinery
  • ENEOS Holdings Inc.
  • JXTG Nippon Oil & Energy Corporation
  • Kian Petrochemical Company
  • Kuwait Aromatics Co. (Karo)
  • LG Chem Ltd.
  • Shell plc
  • Hengyi Industries Sdn Bhd
  • Maruzen Petrochemical Co. Ltd.
  • Mitsubishi Chemical Corporation

Methodology

Loading
LOADING...