Report Overview 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. The Global Benzene Market Size was estimated at USD 87766.44 million in 2021 and is projected to reach USD 110964.02 million by 2028, exhibiting a CAGR of 3.41% during the forecast period. This report provides a deep insight into the global Benzene market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porterﾒs five forces analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Benzene Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Benzene market in any manner. Global Benzene Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company ﾕBASF ﾕExxonMobil ﾕReliance Industries Limited ﾕShell ﾕThe Dow Chemical Company ﾕChina National Petroleum Corporation (CNPC) ﾕGS Caltex ﾕHaldia Petrochemicals ﾕIndian Oil Corporation ﾕNAFTPRO Petroleum Products ﾕPhillips 66 ﾕPTT Global Chemical ﾕR?TGERS ﾕSaudi Arabian Oil Market Segmentation (by Type) ﾕEthylbenzene ﾕCumene ﾕCyclohexane ﾕNitrobenzene ﾕAlkylbenzene Market Segmentation (by Application) ﾕPlastics ﾕPolymers ﾕOthers Geographic Segmentation ﾕ North America (USA, Canada, Mexico) ﾕ Europe (Germany, UK, France, Russia, Italy, Rest of Europe) ﾕ Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific) ﾕ South America (Brazil, Argentina, Columbia, Rest of South America) ﾕ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA) Key Benefits of This Market Research: ﾕ Industry drivers, restraints, and opportunities covered in the study ﾕ Neutral perspective on the market performance ﾕ Recent industry trends and developments ﾕ Competitive landscape & strategies of key players ﾕ Potential & niche segments and regions exhibiting promising growth covered ﾕ Historical, current, and projected market size, in terms of value ﾕ In-depth analysis of the Benzene Market ﾕ Overview of the regional outlook of the Benzene Market: Key Reasons to Buy this Report: ﾕ Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change ﾕ This enables you to anticipate market changes to remain ahead of your competitors ﾕ You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents ﾕ The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly ﾕ Provision of market value (USD Billion) data for each segment and sub-segment ﾕ Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market ﾕ Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region ﾕ Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled ﾕ Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players ﾕ The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions ﾕ Includes in-depth analysis of the market from various perspectives through Porterﾒs five forces analysis ﾕ Provides insight into the market through Value Chain ﾕ Market dynamics scenario, along with growth opportunities of the market in the years to come ﾕ 6-month post-sales analyst support Customization of the Report In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met. Note: this report may need to undergo a final check or review and this could take about 48 hours. Chapter Outline Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods. Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Benzene Market and its likely evolution in the short to mid-term, and long term. Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market. Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis. Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc. Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years. Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years. Chapter 12 is the main points and conclusions of the report.
TABLE OF CONTENTS 1 Research Methodology and Statistical Scope 1.1 Market Definition and Statistical Scope of Benzene 1.2 Key Market Segments 1.2.1 Benzene Segment by Type 1.2.2 Benzene Segment by Application 1.3 Methodology & Sources of Information 1.3.1 Research Methodology 1.3.2 Research Process 1.3.3 Market Breakdown and Data Triangulation 1.3.4 Base Year 1.3.5 Report Assumptions & Caveats 2 B