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Global Benzene Market (Capacity, Supply & Demand): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Best Price Guarantee Length Publisher Published Date SKU
from $1,250 81 Pages Koncept Analytics April, 2022 KOAN17092285
Best Price Guarantee
Price from $1,250
Length 81 Pages
Publisher Koncept Analytics
Published Date April, 2022
SKU KOAN17092285

Global Benzene Market (Capacity, Supply & Demand): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

The global benzene market is forecasted to reach US$109.62 billion in 2026, representing growth at a CAGR of 3.90%, for the period spanning 2022-2026. The factors such as growing oil and gas exploration activities, escalating construction expenditure, high demand for polyester fiber, accelerating household cleaning products consumption and rapid urbanization are expected to drive the market. However, growth of the industry would be challenged by stringent environmental regulations and volatility in the raw material prices. Few notable trends include rising consolidation of market players, high benzene & derivatives by pharmaceutical companies, growing focus on lighter feedstock and increasing benzene production capacity additions. In 2020, the outbreak of COVID-19 pandemic has created an unfavorable impact on the market.

The benzene market is dominated by three key derivatives i.e. Styrene Monomer (SM), Cumene and Anone (Cyclohexanone). Growing beverage industry, increasing refrigerators consumption and rising production of homopolymer & copolymer of Polystyrene has helped SM to remain at top position amongst all the benzene derivatives in 2021.

The fastest growing regional market is Asia-Pacific owing to Improving economic conditions, increasing home appliances consumption and growing benzene production capacities. China and the U.S. are the two largest market and are already well-penetrated at developed market levels.

Scope of the report:

  • The report provides a comprehensive analysis of the global benzene market, segmented on the basis of derivatives i.e. SM, Cumene and Anone.
  • The major regional markets (Asia-Pacific, Europe and North America) have been analysed along with country coverage of China and US.
  • The market dynamics such as growth drivers, market trends and challenges are analysed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players i.e. BASF SE, Royal Dutch Shell Plc, Sinopec Corporation, BP Plc, DuPont de Nemours, Inc. and Exxon Mobil Corporation are also presented in detail.
Key Target Audience:
  • Benzene Manufacturers
  • Raw Material Suppliers
  • End Users
  • Consulting Firms
  • Investment Banks
  • Government Bodies & Regulating Authorities


1. Market Overview
1.1 Introduction
1.2 Benzene Chemical and Physical Properties
Table 1: Benzene Chemical and Physical Properties
1.3 Benzene Derivatives
Table 2: Benzene Derivatives
1.4 Benzene Production Process
Table 3: Benzene Production Process
2. Impact of COVID-19
2.1 Introduction
2.2 Regional Analysis
2.3 High Asian Benzene Imports by US
Table 4: The U.S. Benzene Imports by Region (Jan-2020 to Nov-2020)
2.4 Rise in Benzene Prices
Table 5: Benzene Prices (2019-2020)
3. Global Benzene Market Analysis
3.1 Global Benzene Market Value
Table 6: Global Benzene Market Value (2017-2021)
3.2 Global Benzene Market Value Forecast
Table 7: Global Benzene Market Value Forecast (2022-2026)
3.3 Global Benzene Capacity
Table 8: Global Benzene Capacity (2017-2021)
3.4 Global Benzene Capacity Forecast
Table 9: Global Benzene Capacity Forecast (2022-2026)
3.5 Global Benzene Supply
Table 10: Global Benzene Supply (2017-2021)
3.6 Global Benzene Supply Forecast
Table 11: Global Benzene Supply Forecast (2022-2026)
3.7 Global Benzene Supply by Region
Table 12: Global Benzene Supply by Region (2021)
3.8 Global Benzene Demand
Table 13: Global Benzene Demand (2017-2021)
3.9 Global Benzene Demand Forecast
Table 14: Global Benzene Demand Forecast (2022-2026)
3.10 Global Benzene Demand by Derivatives
Table 15: Global Benzene Demand by Derivatives (2021)
3.10.1 Global SM Benzene Demand
Table 16: Global SM Benzene Demand (2017-2021)
3.10.2 Global SM Benzene Demand Forecast
Table 17: Global SM Benzene Demand Forecast (2022-2026)
3.10.3 Global Cumene Benzene Demand
Table 18: Global Cumene Benzene Demand (2017-2021)
3.10.4 Global Cumene Benzene Demand Forecast
Table 19: Global Cumene Benzene Demand Forecast (2022-2026)
3.10.5 Global Anone Benzene Demand
Table 20: Global Anone Benzene Demand (2017-2021)
3.10.6 Global Anone Benzene Demand Forecast
Table 21: Global Anone Benzene Demand Forecast (2022-2026)
3.11 Global Benzene Demand by Region
Table 22: Global Benzene Demand by Region (2021)
4. Regional Benzene Market Analysis
4.1 Asia-Pacific
4.1.1 Asia-Pacific Benzene Supply
Table 23: Asia-Pacific Benzene Supply (2017-2021)
4.1.2 Asia-Pacific Benzene Supply Forecast
Table 24: Asia-Pacific Benzene Supply Forecast (2022-2026)
4.1.3 China Benzene Supply
Table 25: China Benzene Supply (2017-2021)
4.1.4 China Benzene Supply Forecast
Table 26: China Benzene Supply Forecast (2021-2025)
4.1.5 Asia-Pacific Benzene Demand
Table 27: Asia-Pacific Benzene Demand (2017-2021)
4.1.6 Asia-Pacific Benzene Demand Forecast
Table 28: Asia-Pacific Benzene Demand Forecast (2022-2026)
4.1.7 China Benzene Demand
Table 29: China Benzene Demand (2017-2021)
4.1.8 China Benzene Demand Forecast
Table 30: China Benzene Demand Forecast (2022-2026)
4.2 Europe
4.2.1 Europe Benzene Supply
Table 31: Europe Benzene Supply (2017-2021)
4.2.2 Europe Benzene Supply Forecast
Table 32: Europe Benzene Supply Forecast (2022-2026)
4.2.3 Europe Benzene Demand
Table 33: Europe Benzene Demand (2017-2021)
4.2.4 Europe Benzene Demand Forecast
Table 34: Europe Benzene Demand Forecast (2022-2026)
4.3 North America
4.3.1 North America Benzene Supply
Table 35: North America Benzene Supply (2017-2021)
4.3.2 North America Benzene Supply Forecast
Table 36: North America Benzene Supply Forecast (2022-2026)
4.3.3 The U.S. Benzene Supply
Table 37: The U.S. Benzene Supply (2017-2021)
4.3.4 The U.S. Benzene Supply Forecast
Table 38: The U.S. Benzene Supply Forecast (2022-2026)
4.3.5 North America Benzene Demand
Table 39: North America Benzene Demand (2017-2021)
4.3.6 North America Benzene Demand Forecast
Table 40: North America Benzene Demand Forecast (2022-2026)
4.3.7 The U.S. Benzene Demand
Table 41: The U.S. Benzene Demand (2017-2021)
4.3.8 The U.S. Benzene Demand Forecast
Table 42: The U.S. Benzene Demand Forecast (2022-2026)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Oil and Gas Exploration Activities
Table 43: Global Oil and Gas Exploration Market (2021-2025)
5.1.2 Escalating Construction Expenditure
Table 44: Global Construction Expenditure (2017-2021)
5.1.3 High Demand for Polyester Fiber
Table 45: Global Polyester Fiber Market (2017-2021)
5.1.4 Accelerating Household Cleaning Products Consumption
Table 46: Global Household Cleaning Surfactants Market (2017-2021)
5.1.5 Rapid Urbanization
Table 47: Global Urban Population (2017-2021)
5.2 Key Trends and Developments
5.2.1 Rising Consolidation of Market Players
5.2.2 High Benzene & Derivatives by Pharmaceutical Companies
5.2.3 Growing Focus on Lighter Feedstock
5.3 Challenges
5.3.1 Stringent Environmental Regulations
5.3.2 Volatility in the Raw Material Prices
6. Company Profiles
6.1 BASF SE
6.1.1 Business Overview
6.2 Royal Dutch Shell Plc
6.2.1 Business Overview
6.3 Sinopec Corporation
6.3.1 Business Overview
6.4 BP Plc
6.4.1 Business Overview
6.5 DuPont de Nemours, Inc.SS
6.5.1 Business Overview
6.6 Exxon Mobil Corporation
6.6.1 Business Overview

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