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
As per the Report, The Global Benzene market to grow at a CAGR of 4.68 percent over the period 2014-2019.
Covered in this Report
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
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
• For a full, detailed list, view our report
Market Challenge
• Instability in Crude Oil Prices
• For a full, detailed list, view our report
Market Trend
• Decrease in Demand from Developed Countries
• For a full, detailed list, view our report
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?