888-776-0942 from 8 AM - 10 PM ET
NEW YORK , July 27, 2022 /PRNewswire/ -- Benzene is an organic solvent that is widely used in industries as a feedstock for manufacturing chemicals such as cumene, styrene, aniline, and others. These chemicals are further linked to different manufacturing industries. Acetic Propionic Anhydride
The "Global Benzene Market by Type (styrene, cumene, cyclohexane, aniline, and others) and Geography (APAC, North America , Europe , MEA, and South America ) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. The potential growth difference for the global benzene market size between 2020 and 2025 is USD 6 .11 bn.
Get a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
Technavio's market analysis report provides major drivers and trends, which enable companies to stay ahead of their competitors. Read our Sample Report
The global benzene market report is segmented by type (styrene, cumene, cyclohexane, aniline, and others) and geography (APAC, North America , Europe , MEA, and South America ).
By geography, APAC will be the leading region with 50% of the market's growth during the forecast period. China and Japan are the key countries in the benzene market in APAC.
By type, styrene will account for the highest market share growth during the forecast period. Styrene is found naturally in products such as bilberry, cranberry, currants, vinegar, grape, parsley, milk and dairy products, cocoa, coffee, tea, roasted filberts, whiskey, and peanuts. In addition, it is used as a flavoring agent. The styrene market is expected to grow during the forecast period, as it is used to manufacture rubber, polymers, and other products. Such factors will drive the market growth during the forecast period.
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report
The global benzene market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Vendors compete based on parameters such as price, quality, grade, brand identity, and distribution. To survive in a competitive environment, manufacturers should promote their product offerings through a clear and unique value proposition.
Some of the key vendors operating in the benzene market are BASF SE, BP Plc, Chevron Corp., Dow Inc., Eastman Chemical Co., Exxon Mobil Corp., INEOS Group Holdings SA, LyondellBasell Industries NV, Mitsubishi Chemical Corp., and Royal Dutch Shell Plc among others. The offerings of a few of these vendors are listed below:
Want your report customized? Speak to an analyst and personalize your report according to your needs.
Bromobenzene Market by Product and Geography - Forecast and Analysis 2022-2026 Benzyl Alcohol Market by End-user and Geography - Forecast and Analysis 2021-2025
Accelerate at a CAGR of 3.51%
APAC, North America, Europe, MEA, and South America
China, US, South Korea (Republic of Korea), Japan, and Germany
Leading companies, competitive strategies, consumer engagement scope
BASF SE, BP Plc, Chevron Corp., Dow Inc., Eastman Chemical Co., Exxon Mobil Corp., INEOS Group Holdings SA, LyondellBasell Industries NV, Mitsubishi Chemical Corp., and Royal Dutch Shell Plc
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:[email protected] Website: www.technavio.com/
More news releases in similar topics
Vinnapas Cision Distribution 888-776-0942 from 8 AM - 9 PM ET