Benzene Derivatives Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Benzene and its derivatives market will reach an estimated volume of 82.77 million tons by 2028 while registering this growth at a rate of 5% for the forecast period of 2022 to 2028. Benzene is an organic compound with the chemical formula C6H6. A benzene molecule consists of 6 carbon atoms linked in a ring shape to which one hydrogen atom is attached. Benzene is classified as a hydrocarbon because it contains only carbon and hydrogen atoms. Growing downstream investments in many countries are accelerating the growth of the global benzene and derivatives market during the forecast period. More than half of all benzene production is processed into ethyl benzene, a precursor to styrene. Styrene is used to make polymers and plastics such as polystyrene and EPS, and the increasing use of plastics is driving the global benzene and derivatives market.

Company Profile

Key players in the benzene and its derivatives market include ExxonMobil Corporation, JX Holdings, CNPC, Total S.A., Saudi Basic Industries Corporation, Royal Dutch Shell plc. Dow Chemical Company, and BASF SE among others.

Market Segmentation

By Derivative: Ethybenzene and Styrene , Cumene, Phenol and Acetone, Cyclohexane, Alkyl Benzene, Nitrobenzene and Aniline, Chlorobenzene, Maleic Anhydride and others.

By Processing Methods: Alkylation, Hydrogenation, Nitration, Oxidation, Chlorination and others.

By Raw Material: Naphtha, Toluene, Ethylene, Bio-mass and others.

By Production Methods: Cracking Crude Oil, Catalytic reforming of Naphtha, Dealkylation of Toluene, Recovery from Ethylene plant Pyrolysis Gasoline (PG), Coke oven, Selective toluene Disproportionation and others.

Scope of the Report
The research study analyzes the Benzene Derivatives Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Benzene Derivatives Market Report

1. What was the Benzene Derivatives Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Benzene Derivatives Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Benzene Derivatives Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.