Market Overview

The Global Market for Benzene 2016-2018 to 2024: Market Size, Demand Factors, Trends, Drivers, Restraints and Opportunities -


The "Benzene
Market: Global Industry Analysis, Trends, Market Size and Forecasts up
to 2024"
report has been added to's

The report predicts the global benzene market to grow with a CAGR of
4.5% over the forecast period of 2018-2024.

The benzene is a large volume commodity petrochemical that shows diverse
applications in the chemical industry. The versatile applications served
by the benzene is the key factor driving the benzene market worldwide.

The major amount of produced benzene is essentially used in the
production of various chemicals such as ethylbenzene, cumene and
cyclohexane that are used in the Tire/Rubber Manufacturing, plastic,
paint and coatings, printing and other industries.

In addition, the rapidly growing demand of Styrene or polystyrene which
are the derivatives of benzene, are used in various end-use industries
which is likely to boost the growth of the benzene market.

The manufacturing of synthetic rubbers and polystyrene are the major
applications of the Styrene. The rising uses of polystyrene in the food
packaging, construction and in the manufacturing industries for
insulation and manufacturing purpose is expected to contribute to the
growth of the benzene market over the forecast period.

However, the U.S. Consumer Product Safety Commission (CPSC) recommends
ban of benzene in consumer products because it has linked with various
health related issues such as cancer of the white blood cells, blood
disorders and abnormalities of genetic material that may hamper the
market growth.

Moreover, rapidly increasing phenol consumption is expected to escalate
the growth of benzene market in upcoming years. Phenol is one of the
derivatives of benzene used in the production of household application
and as intermediates for the industrial synthesis.

Key Topics Covered

1. Preface

2. Executive Summary

3. Global Benzene Market Overview

4. Benzene Market Macro Indicator Analysis

5. Global Benzene Market by Derivatives

6. Global Benzene Market by Application

7. Global Benzene Market by Region 2018-2024

8. Company Profiles & Competitive Landscape

  • BASF
  • Reliance Industries Limited
  • The Dow Chemical Company
  • ExxonMobil
  • Shell
  • Royal Dutch Shell PLC
  • China National Petroleum Corporation
  • Total S.A.
  • Saudi Basic Industries Corporation

For more information about this report visit

View Comments and Join the Discussion!