Benzene is a hydrocarbon that contains six carbon and six hydrogen atoms. Benzene is one of the constituents of crude oil. Its chemical structure is cyclic with atoms joined by continuous pi-bonds. It is a colourless, highly flammable liquid with a sweet odour. It is primarily used as a precursor to heavy chemicals such as ethylbenzene and cumene. It is an important additive to gasoline as its high octane number improves the anti-knocking characteristics of gasoline. Carcinogenity of benzene is the primary reason for it not being used for non-industrial purposes. Several other chemicals are also manufactured using benzene, including:

  Cyclohexane

    Nitrobenzene

    LAB

    Maleic Anhydride

    Naphthalene

    Chlorobenzene

    BHC

Analysts forecast the Global Benzene market to grow at a CAGR of 4.68 percent over the period 2014-2019.

The Global Benzene Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Benzene market forecast and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

    BASF

    BP

    China National Petroleum Corporation

    Exxon Mobil

    Reliance Industries

    Shell Global

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Other Prominent Vendors

    Amreya Petroleum Refining

    Chevron Phillips Chemical

    DynaChem

    Flint Hills Resources

    Fujian Refining & Petrochemical

    GFS Chemicals

    Indian Oil

    Jx Holdings

    PetroChina Fushun Petrochemical

    Qatar Petroleum

    Saudi Basic Industries

    Sinopec

    Sunoco Chemicals

    The Dow Chemical Company

Market Driver

    Growing Demand of Paraxylene, Ethylene, and Gasoline

Market Challenge

    Instability in Crude Oil Prices

Market Trend

    Decrease in Demand from Developed Countries

Key Questions Answered in this Report

    What will the market size be in 2019 and what will the growth rate be?

    What are the key market trends?

    What is driving this market?

    What are the challenges to market growth?

    Who are the key vendors in this market space?

    What are the market opportunities and threats faced by the key vendors?

    What are the strengths and weaknesses of the key vendors?

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