The global Benzene Market size was USD 162.75 Billion in 2022 and is expected to reach USD 252.48 Billion in 2032, and register a revenue CAGR of 5% during the forecast period. Rising demand for Polystyrene and other polymers such as nylon and Polyester, which are widely employed in the manufacture of various consumer goods, is a major factor driving market revenue growth. Moreover, rising demand for Benzene in the construction sector for insulation materials and floor coverings is driving revenue growth of the market.
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Major Companies:
- BASF SE
- Dow Chemical Company
- ExxonMobil Corporation
- Shell Chemicals
- Sinopec Corporation
- China National Petroleum Corporation
- JX Nippon Oil Energy Corporation
- Reliance Industries Limited
- LyondellBasell Industries N.V.
- Total S.A.
Key questions addressed in the report:
- What is the expected market size of the global Benzene market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Benzene market?
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Benzene Market Segmentation:
By Derivative Type Outlook:
- Ethylbenzene
- Cumene
- Cyclohexane
- Nitrobenzene
- Others
By End-Use Outlook:
- Pharmaceuticals
- Petrochemicals
- Plastics
- Textiles
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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