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PUBLISHER: TechNavio | PRODUCT CODE: 1446150
PUBLISHER: TechNavio | PRODUCT CODE: 1446150
Global Benzene Market 2024-2028
PUBLISHED:
PAGES: 177 Pages
DELIVERY TIME: 1-2 business days
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The benzene market is forecasted to grow by USD 7.01 bn during 2023-2028, accelerating at a CAGR of 3.77% during the forecast period. The report on the benzene market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a rise in demand for benzene in developing economies, increasing demand for benzene from various applications, and growing demand for polymers in different industries.
Technavio's benzene market is segmented as below:
| Market Scope | |
|---|---|
| Base Year | 2024 |
| End Year | 2028 |
| Series Year | 2024-2028 |
| Growth Momentum | Accelerate |
| YOY 2024 | 3.43% |
| CAGR | 3.77% |
| Incremental Value | $7.01bn |
By Method
- Catalytic reforming
- Steam cracking
- Others
By Derivative Type
- Styrene
- Cumene
- Cyclohexane
- Aniline
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increase in spending by pharmaceutical industry as one of the prime reasons driving the benzene market growth during the next few years. Also, rising preference for bio-based latexes and technological advances in benzene production will lead to sizable demand in the market.
The report on the benzene market covers the following areas:
- Benzene market sizing
- Benzene market forecast
- Benzene market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading benzene market vendors that include Arsol Aromatics GmbH and Co. KG, BASF SE, Borealis AG, BP Plc, Braskem SA, Chevron Corp., China National Petroleum Corp., China Petrochemical Corp., Dow Chemical Co., Eastman Chemical Co., ENEOS Holdings Inc., Exxon Mobil Corp., Indian Oil Corp. Ltd., LyondellBasell Industries N.V., Merck KGaA, Mitsubishi Chemical Group Corp., Repsol SA, Saudi Basic Industries Corp., Shell plc, and TotalEnergies SE. Also, the benzene market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Product Code: IRTNTR44003
Table of Contents
1 Executive Summary
- 1.1 Market overview
2 Market Landscape
- 2.1 Market ecosystem
3 Market Sizing
- 3.1 Market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
- 4.1 Global benzene market 2018 - 2022
- 4.2 Method Segment Analysis 2018 - 2022
- 4.3 Derivative Type Segment Analysis 2018 - 2022
- 4.4 Geography Segment Analysis 2018 - 2022
- 4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
- 5.1 Five forces summary
- 5.2 Bargaining power of buyers
- 5.3 Bargaining power of suppliers
- 5.4 Threat of new entrants
- 5.5 Threat of substitutes
- 5.6 Threat of rivalry
- 5.7 Market condition
6 Market Segmentation by Method
- 6.1 Market segments
- 6.2 Comparison by Method
- 6.3 Catalytic reforming - Market size and forecast 2023-2028
- 6.4 Steam cracking - Market size and forecast 2023-2028
- 6.5 Others - Market size and forecast 2023-2028
- 6.6 Market opportunity by Method
7 Market Segmentation by Derivative Type
- 7.1 Market segments
- 7.2 Comparison by Derivative Type
- 7.3 Styrene - Market size and forecast 2023-2028
- 7.4 Cumene - Market size and forecast 2023-2028
- 7.5 Cyclohexane - Market size and forecast 2023-2028
- 7.6 Aniline - Market size and forecast 2023-2028
- 7.7 Others - Market size and forecast 2023-2028
- 7.8 Market opportunity by Derivative Type
8 Customer Landscape
- 8.1 Customer landscape overview
9 Geographic Landscape
- 9.1 Geographic segmentation
- 9.2 Geographic comparison
- 9.3 APAC - Market size and forecast 2023-2028
- 9.4 North America - Market size and forecast 2023-2028
- 9.5 Europe - Market size and forecast 2023-2028
- 9.6 Middle East and Africa - Market size and forecast 2023-2028
- 9.7 South America - Market size and forecast 2023-2028
- 9.8 China - Market size and forecast 2023-2028
- 9.9 US - Market size and forecast 2023-2028
- 9.10 South Korea - Market size and forecast 2023-2028
- 9.11 Japan - Market size and forecast 2023-2028
- 9.12 Germany - Market size and forecast 2023-2028
- 9.13 Market opportunity By Geographical Landscape
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- 11.3 Landscape disruption
- 11.4 Industry risks
12 Vendor Analysis
- 12.1 Vendors covered
- 12.2 Market positioning of vendors
- 12.3 BASF SE
- 12.4 Borealis AG
- 12.5 BP Plc
- 12.6 Braskem SA
- 12.7 Chevron Corp.
- 12.8 China National Petroleum Corp.
- 12.9 China Petrochemical Corp.
- 12.10 Dow Chemical Co.
- 12.11 Eastman Chemical Co.
- 12.12 ENEOS Holdings Inc.
- 12.13 Exxon Mobil Corp.
- 12.14 Indian Oil Corp. Ltd.
- 12.15 Repsol SA
- 12.16 Saudi Basic Industries Corp.
- 12.17 Shell plc
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- 13.3 Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 List of abbreviations
Product Code: IRTNTR44003
Exhibits:
- Exhibits1: Executive Summary - Chart on Market Overview
- Exhibits2: Executive Summary - Data Table on Market Overview
- Exhibits3: Executive Summary - Chart on Global Market Characteristics
- Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
- Exhibits5: Executive Summary - Chart on Market Segmentation by Method
- Exhibits6: Executive Summary - Chart on Market Segmentation by Derivative Type
- Exhibits7: Executive Summary - Chart on Incremental Growth
- Exhibits8: Executive Summary - Data Table on Incremental Growth
- Exhibits9: Executive Summary - Chart on Vendor Market Positioning
- Exhibits10: Parent market
- Exhibits11: Market Characteristics
- Exhibits12: Offerings of vendors included in the market definition
- Exhibits13: Market segments
- Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits18: Historic Market Size - Data Table on global benzene market 2018 - 2022 ($ billion)
- Exhibits19: Historic Market Size - Method Segment 2018 - 2022 ($ billion)
- Exhibits20: Historic Market Size - Derivative Type Segment 2018 - 2022 ($ billion)
- Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
- Exhibits23: Five forces analysis - Comparison between 2023 and 2028
- Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
- Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
- Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
- Exhibits29: Chart on Market condition - Five forces 2023 and 2028
- Exhibits30: Chart on Method - Market share 2023-2028 (%)
- Exhibits31: Data Table on Method - Market share 2023-2028 (%)
- Exhibits32: Chart on Comparison by Method
- Exhibits33: Data Table on Comparison by Method
- Exhibits34: Chart on Catalytic reforming - Market size and forecast 2023-2028 ($ billion)
- Exhibits35: Data Table on Catalytic reforming - Market size and forecast 2023-2028 ($ billion)
- Exhibits36: Chart on Catalytic reforming - Year-over-year growth 2023-2028 (%)
- Exhibits37: Data Table on Catalytic reforming - Year-over-year growth 2023-2028 (%)
- Exhibits38: Chart on Steam cracking - Market size and forecast 2023-2028 ($ billion)
- Exhibits39: Data Table on Steam cracking - Market size and forecast 2023-2028 ($ billion)
- Exhibits40: Chart on Steam cracking - Year-over-year growth 2023-2028 (%)
- Exhibits41: Data Table on Steam cracking - Year-over-year growth 2023-2028 (%)
- Exhibits42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits44: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibits45: Data Table on Others - Year-over-year growth 2023-2028 (%)
- Exhibits46: Market opportunity by Method ($ billion)
- Exhibits47: Data Table on Market opportunity by Method ($ billion)
- Exhibits48: Chart on Derivative Type - Market share 2023-2028 (%)
- Exhibits49: Data Table on Derivative Type - Market share 2023-2028 (%)
- Exhibits50: Chart on Comparison by Derivative Type
- Exhibits51: Data Table on Comparison by Derivative Type
- Exhibits52: Chart on Styrene - Market size and forecast 2023-2028 ($ billion)
- Exhibits53: Data Table on Styrene - Market size and forecast 2023-2028 ($ billion)
- Exhibits54: Chart on Styrene - Year-over-year growth 2023-2028 (%)
- Exhibits55: Data Table on Styrene - Year-over-year growth 2023-2028 (%)
- Exhibits56: Chart on Cumene - Market size and forecast 2023-2028 ($ billion)
- Exhibits57: Data Table on Cumene - Market size and forecast 2023-2028 ($ billion)
- Exhibits58: Chart on Cumene - Year-over-year growth 2023-2028 (%)
- Exhibits59: Data Table on Cumene - Year-over-year growth 2023-2028 (%)
- Exhibits60: Chart on Cyclohexane - Market size and forecast 2023-2028 ($ billion)
- Exhibits61: Data Table on Cyclohexane - Market size and forecast 2023-2028 ($ billion)
- Exhibits62: Chart on Cyclohexane - Year-over-year growth 2023-2028 (%)
- Exhibits63: Data Table on Cyclohexane - Year-over-year growth 2023-2028 (%)
- Exhibits64: Chart on Aniline - Market size and forecast 2023-2028 ($ billion)
- Exhibits65: Data Table on Aniline - Market size and forecast 2023-2028 ($ billion)
- Exhibits66: Chart on Aniline - Year-over-year growth 2023-2028 (%)
- Exhibits67: Data Table on Aniline - Year-over-year growth 2023-2028 (%)
- Exhibits68: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits69: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibits70: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibits71: Data Table on Others - Year-over-year growth 2023-2028 (%)
- Exhibits72: Market opportunity by Derivative Type ($ billion)
- Exhibits73: Data Table on Market opportunity by Derivative Type ($ billion)
- Exhibits74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Exhibits75: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits76: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits77: Chart on Geographic comparison
- Exhibits78: Data Table on Geographic comparison
- Exhibits79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibits80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibits81: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibits84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibits85: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibits86: Data Table on North America - Year-over-year growth 2023-2028 (%)
- Exhibits87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibits88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibits89: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibits92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibits93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits95: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibits96: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibits97: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibits98: Data Table on South America - Year-over-year growth 2023-2028 (%)
- Exhibits99: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibits100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibits101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibits102: Data Table on China - Year-over-year growth 2023-2028 (%)
- Exhibits103: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibits104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibits105: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibits106: Data Table on US - Year-over-year growth 2023-2028 (%)
- Exhibits107: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
- Exhibits108: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
- Exhibits109: Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Exhibits110: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- Exhibits111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibits112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Exhibits113: Chart on Japan - Year-over-year growth 2023-2028 (%)
- Exhibits114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Exhibits115: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibits116: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibits117: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits118: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits119: Market opportunity By Geographical Landscape ($ billion)
- Exhibits120: Data Tables on Market opportunity By Geographical Landscape ($ billion)
- Exhibits121: Impact of drivers and challenges in 2023 and 2028
- Exhibits122: Overview on Criticality of inputs and Factors of differentiation
- Exhibits123: Overview on factors of disruption
- Exhibits124: Impact of key risks on business
- Exhibits125: Vendors covered
- Exhibits126: Matrix on vendor position and classification
- Exhibits127: BASF SE - Overview
- Exhibits128: BASF SE - Business segments
- Exhibits129: BASF SE - Key news
- Exhibits130: BASF SE - Key offerings
- Exhibits131: BASF SE - Segment focus
- Exhibits132: Borealis AG - Overview
- Exhibits133: Borealis AG - Business segments
- Exhibits134: Borealis AG - Key offerings
- Exhibits135: Borealis AG - Segment focus
- Exhibits136: BP Plc - Overview
- Exhibits137: BP Plc - Business segments
- Exhibits138: BP Plc - Key news
- Exhibits139: BP Plc - Key offerings
- Exhibits140: BP Plc - Segment focus
- Exhibits141: Braskem SA - Overview
- Exhibits142: Braskem SA - Business segments
- Exhibits143: Braskem SA - Key offerings
- Exhibits144: Braskem SA - Segment focus
- Exhibits145: Chevron Corp. - Overview
- Exhibits146: Chevron Corp. - Business segments
- Exhibits147: Chevron Corp. - Key news
- Exhibits148: Chevron Corp. - Key offerings
- Exhibits149: Chevron Corp. - Segment focus
- Exhibits150: China National Petroleum Corp. - Overview
- Exhibits151: China National Petroleum Corp. - Product / Service
- Exhibits152: China National Petroleum Corp. - Key offerings
- Exhibits153: China Petrochemical Corp. - Overview
- Exhibits154: China Petrochemical Corp. - Business segments
- Exhibits155: China Petrochemical Corp. - Key offerings
- Exhibits156: China Petrochemical Corp. - Segment focus
- Exhibits157: Dow Chemical Co. - Overview
- Exhibits158: Dow Chemical Co. - Business segments
- Exhibits159: Dow Chemical Co. - Key news
- Exhibits160: Dow Chemical Co. - Key offerings
- Exhibits161: Dow Chemical Co. - Segment focus
- Exhibits162: Eastman Chemical Co. - Overview
- Exhibits163: Eastman Chemical Co. - Business segments
- Exhibits164: Eastman Chemical Co. - Key offerings
- Exhibits165: Eastman Chemical Co. - Segment focus
- Exhibits166: ENEOS Holdings Inc. - Overview
- Exhibits167: ENEOS Holdings Inc. - Product / Service
- Exhibits168: ENEOS Holdings Inc. - Key offerings
- Exhibits169: Exxon Mobil Corp. - Overview
- Exhibits170: Exxon Mobil Corp. - Business segments
- Exhibits171: Exxon Mobil Corp. - Key news
- Exhibits172: Exxon Mobil Corp. - Key offerings
- Exhibits173: Exxon Mobil Corp. - Segment focus
- Exhibits174: Indian Oil Corp. Ltd. - Overview
- Exhibits175: Indian Oil Corp. Ltd. - Business segments
- Exhibits176: Indian Oil Corp. Ltd. - Key offerings
- Exhibits177: Indian Oil Corp. Ltd. - Segment focus
- Exhibits178: Repsol SA - Overview
- Exhibits179: Repsol SA - Product / Service
- Exhibits180: Repsol SA - Key offerings
- Exhibits181: Saudi Basic Industries Corp. - Overview
- Exhibits182: Saudi Basic Industries Corp. - Business segments
- Exhibits183: Saudi Basic Industries Corp. - Key offerings
- Exhibits184: Saudi Basic Industries Corp. - Segment focus
- Exhibits185: Shell plc - Overview
- Exhibits186: Shell plc - Business segments
- Exhibits187: Shell plc - Key offerings
- Exhibits188: Shell plc - Segment focus
- Exhibits189: Inclusions checklist
- Exhibits190: Exclusions checklist
- Exhibits191: Currency conversion rates for US$
- Exhibits192: Research methodology
- Exhibits193: Validation techniques employed for market sizing
- Exhibits194: Information sources
- Exhibits195: List of abbreviations
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