Leading Benzenoid Country Markets Databank
The Benzenoid market was valued at $672.3 Million in 2020, and is projected to reach $953.0 Million by 2029 growing at a CAGR of 4.01% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $237.3 Million in 2020, and is anticipated to reach $282.6 Million by 2029, registering a CAGR of 2.00%. Asia-Pacific is anticipated to reach $293.0 Million by 2029 with the highest CAGR of 5.88%. North America and Europe collectively expected to account for about 63.9% share of the Benzenoid market in 2020, with the former constituting around 35.3% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 5.88% and 4.13% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 54.8% in the overall Benzenoid market in 2020, and is anticipated to reach 59.7% by 2029.
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