Global Benzene Market, By Type (Methyl Chloride, Methylene Chloride, Chloroform, Carbon Tetrachlorid

Published Date: | Report Code : CH1958460

X

The Benzene Market growth is expected to gain high momentum during the forecast period due to the rapidly increasing demand in coating & paints and automotive industries.

Benzene can be defined as an organic chemical compound which has the chemical formula C6H6 and is composed of six carbon atoms joined in a ring with one hydrogen atom attached to each. It is also classed as a hydrocarbon, as it contains only carbon and hydrogen atoms. It is a natural constituent of crude oil and is one of the elementary petrochemicals. It is readily soluble in organic solvents but feebly soluble in water owing to its non-polar nature.

Segment Analysis

The global benzene market is segmented on the basis of type.

On the basis of type, it is segmented into chlorobenzene, toluene, nitrobenzene, cyclohexane, cumene, phenol, ethyl benzene, alkyl benzene, and aniline. Cumene is used for acetone and phenol production. Increasing acetone and phenol demand from chemical industries is expected to boost the cumene market. Polycarbonate, foams and epoxy resin markets use phenol in huge amounts as a raw material which has also positively impacted the market.

Key Factors Impacting Market Growth:

  • The rapidly increasing demand in coating & paints and automotive industries

  • Rising demand for styrene polymers

Regional Analysis

On the basis of the region, the benzene market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe being some of major markets are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe. This region has been witnessing number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regards environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include US, Germany, UK, France, Canada, Italy, Spain, and so on.

Asia Pacific and Middle East are expected to register substantial growth in benzene market during the forecast period. This demand is with regards to the growth of major types such as Methyl Chloride, Methylene Chloride, Chloroform, Carbon Tetrachloride. Major countries in Asia Pacific region include China, South Korea, Japan, India, Australia, and So on. Middle East includes UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region. Rest the World that includes South America and Africa has a strong potential for benzene market. There has been increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for benzene market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: BASF, Sinopec, Royal Dutch Shell Plc., China National Petroleum Corporation, Dow Chemical Company, Saudi Basic Industries Corporation, China Petroleum & Chemical Corporation, ExxonMobil Corporation, JX Holdings, Total and Bp Plc

Market Segmentation:

By Type:

  • Methyl Chloride

  • Methylene Chloride

  • Chloroform

  • Carbon Tetrachloride

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

  • Western Europe

    • By Country (Germany, UK, France, Spain, Rest of Western Europe)

    • By Type

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

  • Asia Pacific

    • By Country (China, Japan, India, Rest of Asia Pacific)

    • By Type

  • Middle East

    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)

    • By Type

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

Reasons To Buy This Report:

  • Market size estimation of the global benzene market on a regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

For more information, contact: [email protected]

License Offering

Single User (PDF)

3850

Multi User (PDF)

5150

Enterprise User (PDF)

7650

 Regional Analysis

Your personal details are secure. Privacy Policy

Buy Chapters of Sections

Avail customized purchase options to meet your exact research needs.

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities
Detailed Coverage

Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision

Recommendations

Market recommendations supporting decision making processes

Analyst Support

Round the clock analyst support to resolve your queries

Free Customization

Up to 15% additional free customization to meet your specific requirements

15% Free Customization

Share your Requirements

Questions?  Speak to an Analyst

Your personal details are secure. Privacy Policy