Benzene: Worldwide Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com

Benzene market worldwide is projected to grow by 10.9 Million Tons, driven by a compounded growth of 3%.

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Business Wire, Inc.
Retrieved on: 
Tuesday, October 15, 2019
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Chemicals, Plastics, Energy, Manufacturing, Oil, Gas, Chemical compounds, Chemical substances, Chemistry, Commodity chemicals, GABAA receptor positive allosteric modulators, Hazardous air pollutants, Occupational safety and health, Petrochemicals, Benzene
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Summary
Key Points: 
  • Benzene market worldwide is projected to grow by 10.9 Million Tons, driven by a compounded growth of 3%.
  • Alkyl Benzene, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.5%.
  • The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.
  • In Japan, Alkyl Benzene will reach a market size of 294.4 Thousand Tons by the close of the analysis period.


The "Benzene - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Benzene market worldwide is projected to grow by 10.9 Million Tons, driven by a compounded growth of 3%.

Alkyl Benzene, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over 7.7 Million Tons by the year 2025, Alkyl Benzene will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 2.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over 413.2 Thousand Tons to the region's size and clout in the next 5 to 6 years. Over 327.4 Thousand Tons worth of projected demand in the region will come from Rest of Europe markets.

In Japan, Alkyl Benzene will reach a market size of 294.4 Thousand Tons by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.5% over the next couple of years and add approximately 2.9 Million Tons in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • Atyrau Oil & Gas
  • DEZA, a. s
  • Egyptian Petrochemicals Holding Company (ECHEM)
  • Gadiv Petrochemical Industries Ltd.
  • Gazprom Neft PJSC
  • GS Caltex Corporation
  • JSC Mozyr Oil Refinery
  • Kian Petrochemical Company
  • Kinef
  • Kuwait Aromatics Co. (Karo)
  • Orpic
  • Petkim Petrokimya Holding A.S.
  • PJSC LUKOIL
  • PJSC Nizhnekamskneftekhim
  • Qatar Petroleum
  • Rabigh Refining and Petrochemical Company (PETRO RABIGH)
  • Repsol SA
  • Rosneft OJSC
  • Saudi Arabian Oil Company (Saudi Arabian Oil)
  • Saudi Kayan Petrochemical Company
  • SEEF Limited
  • Tabriz Petrochemical Company
  • Tosoh Corporation
  • Yanbu National Petrochemical Co. (Yansab)

For more information about this report visit https://www.researchandmarkets.com/r/1rji7v

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