2021-2027 Global and Regional Benzene Industry Status and Prospects Professional Market Research Report Standard Version

SKU ID : HNY- 18133690

Publishing Date : 28-Apr-2021

No. of pages : 158

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  • The global Benzene market was valued at 162.13 Million USD in 2020 and will grow with a CAGR of 2.91% from 2020 to 2027, based on HNY Research newly published report.

    The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

    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.Currently, the Asia-Pacific is the largest consumer of benzene and all of its downstream derivatives, which consumed more than 47.0% of the total consumption in 2017. Among all the countries, China dominates the benzene market, which consumed the maximum volume of benzene in 2017. The market volume consumption is these products comparatively low in the ROW region, but is expected show the highest CAGR from 2018 to 2023, followed by the Asia-Pacific.

    By Market Verdors:

    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



    By Type

    s:

    Plastics

    Polymers



    By Application

    s:

    Ethylbenzene

    Cumene

    Cyclohexane

    Nitrobenzene

    Alkylbenzene



    Key Indicators Analysed

    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

    Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

    Opportunities and Drivers: Identifying the Growing Demands and New Technology

    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.



    Key Reasons to Purchase



    To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

    Assess the production processes, major issues, and solutions to mitigate the development risk.

    To understand the most affecting driving and restraining forces in the market and its impact in the global market.

    Learn about the market strategies that are being adopted by leading respective organizations.

    To understand the future outlook and prospects for the market.

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    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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