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:
Analysts forecast the Global Benzene market to grow at a CAGR of 4.68 percent over the period 2014-2019.
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.
China National Petroleum Corporation
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Other Prominent Vendors
Amreya Petroleum Refining
Chevron Phillips Chemical
Flint Hills Resources
Fujian Refining & Petrochemical
PetroChina Fushun Petrochemical
Saudi Basic Industries
The Dow Chemical Company
Growing Demand of Paraxylene, Ethylene, and Gasoline
Instability in Crude Oil Prices
Decrease in Demand from Developed Countries
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?
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