Figure 2: Global: Benzene Market: Sales Value (in Billion US$), 2014 - 2019         7.2.1    Market Trends 3    Executive Summary Related products –  You might also be interested in the information we publish on these related products. What is the breakup of the market based on the application?     2.4    Market Estimation         9.4.2    Market Forecast No spot deals have been reported in the European market since early last week.         15.3.5    DuPont   Get info of suppliers, manufacturers, exporters, traders of Benzene for buying in India. Find out more about ICIS consulting services >>. 1    Preface Consumption by application 7.2. See a sample below or register for free to see much more.         8.5.1    Market Trends 10    Trade Data          7.3.2    Market Forecast            9.4.1.1  Major Markets     13.2    Bargaining Power of Buyers More information about the price reports we publish on Benzene Benzene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, World’s largest food event to generate record trade in Feb, Indian Dairy Firms Now Look to Sell Protein Supplements Added Milk, The Business of Health Care December 2016. Research and Markets …     10.2    Export Breakup By Country                        9.2.1.1.3   France $822.45. Find out more about ICIS chemicals forecast reports >>, Find out more about ICIS fertilizers forecast reports >>.     6.1    Ethylbenzene          6.4.1    Market Trends                       9.5.1.1.2   Argentina     13.3    Bargaining Power of Suppliers Figure 26: Global: Benzene (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2020-2025 $910.56. Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. Subscribers to our Commodity Price Database have access to Ethylbenzene and as many as 217 other commodities prices across several countries from main world regions. 2    Scope and Methodology ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Benzene, with the chemical formula C­6H6, is a colorless and highly inflammable chemical compound that has a sweet, gasoline-like odor.     2.1    Objectives of the Study                       9.2.1.1.1   Germany The April contract dropped by 70% on lower demand and oversupply, the lowest price since ICIS records began in 2002. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.         15.3.14      Arsol Aromatics GmbH & Co. KG, Figure 1: Global: Benzene Market: Major Drivers and Challenges The global benzene market grew at a CAGR of 4.5% during 2014-2019. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. enhance our services. Cyclohexane, another derivative of benzene, is a basic raw material for the production of nylon, which is used to manufacture textiles. Monthly advisories and detailed reports on petrochemicals market in India. ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions. Figure 33: Global: Benzene (Toluene Disproportionation) Market: Sales Value (in Million US$), 2014 & 2019         15.3.4    China National Petroleum Corporation  Every week, our global team of experts digests and summarises the key issues and their potential impact on the market – all in one magazine. Benzene is a key ingredient to styrene, used in packaging, various plastics, nylon and other textiles. ICIS produces a series of highly informative and timely conferences. Figure 34: Global: Benzene (Toluene Disproportionation) Market Forecast: Sales Value (in Million US$), 2020-2025 US Benzene Prices were assessed at $2.75 – 2.83 / gal FOB (free on board) in mid June 2015. Global benzene market is expected to rise to an estimated value of USD 111.1 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway. 15    Competitive Landscape         2.4.1    Bottom-Up Approach Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. The price fall was on the back of weaker upstream energy values coupled with dull regional demand trends. In cold weather, benzene solidifies to a white crystalline mass. Reach out to suppliers directly and ask for the lowest price, discount, and small shipping fees.            9.1.1.1  Major Markets     7.3    Toluene Hydrodealkylation  most of these aromatic hydrocarbons comes in the liquid form with an aromatic odor. Once the markets have closed, the Last Price will show an 's' after the price, indicating the price has settled for the day. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.         9.1.2    Market Forecast Figure 44: Global: Benzene (Rubber Lubricants) Market Forecast: Sales Value (in Million US$), 2020-2025 $910.12. Figure 17: Global: Benzene (Cyclohexane) Market: Sales Value (in Million US$), 2014 & 2019 What is the degree of competition in the global benzene industry. The second largest outlet for benzene is cumene which is nearly all consumed in phenol production with acetone formed as a coproduct. Figure 30: Global: Benzene (Catalytic Reforming of Naphtha) Market Forecast: Sales Value (in Million US$), 2020-2025         15.3.7    China Petroleum & Chemical Corporation     10.1    Import Breakup By Country  Key vendors Figure 7: Global: Benzene Market Forecast: Sales Value (in Billion US$), 2020-2025     2.5    Forecasting Methodology Benzene was earlier used widely for de-caffeinating coffee and degreasing metals, however, less toxic chemicals are now rapidly replacing it in these applications. Figure 15: Global: Benzene (Cumene) Market: Sales Value (in Million US$), 2014 & 2019         9.2.1    Market Trends FOB Korea benzene prices were …         6.2.1    Market Trends IMARC offers market research reports and consulting services to clients consisting of, but not limited to, SMEs and Fortune 500 companies.     2.2    Stakeholders Maintenance work planned for Q4 was moved up into late Q3, which will affect supplies in late Q3 to early Q4. Figure 54: Middle East and Africa: Benzene Market Forecast: Sales Value (in Million US$), 2020-2025 Continuous exposure to benzene can have detrimental health effects and it has also been identified as a carcinogen, a substance that can potentially cause cancer. Figure 56: Latin America: Benzene Market Forecast: Sales Value (in Million US$), 2020-2025, Table 1: Benzene: Physical Properties     7.2    Catalytic Reforming of Naphtha  In addition, kerosene, a petrochemical derivative, is the key raw materials used in producing LAB. In addition to this, owing to the growing urbanization and the rising disposable incomes, there has been an increase in the demand for consumer products such as thinners and furniture wax across the globe. Chinese import demand remained tepid amid elevated stocks.         8.5.2    Market Forecast     15.3    Profiles of Key Players Information covered in our price reports includes: Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.         2.4.2    Top-Down Approach Benzene prices tumble but downstream remained firm.     9.2    Europe The market for benzene is expected to expand at a CAGR of more than 4% during the forecast period. Benzene forecast reports for all three regions are published on a monthly basis, covering the market up to one year ahead. Figure 29: Global: Benzene (Catalytic Reforming of Naphtha) Market: Sales Value (in Million US$), 2014 & 2019 Figure 55: Latin America: Benzene Market: Sales Value (in Million US$), 2014 & 2019 Major raw materials used in manufacturing the product are kerosene and benzene.         15.3.3    Royal Dutch Shell  This change has almost eliminated the spread between the two aromatics in the US for the first half of 2015. 7.         7.1.2    Market Forecast         8.4.1    Market Trends Although widely used for diversified industrial purposes, its non-industrial usage is limited owing to its toxic nature. IMARC Group’s latest report provides a deep insight into the global benzene market covering all its essential aspects. If you want to keep updated on the factors driving price movements in the global chemical markets, ICIS Chemical Business provides a summary of the information you need to support your business decisions. Bearish downstream SM rates further pulled prices lower in Asia.     8.3    Synthetic Fibers  Benzene Market 2020-2024: Scope. Benzene news and market information products from ICIS. Global Benzene Market to Grow at 4% during 2019-2024, Fostered by Rising Demand for Benzene Derivatives *As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the … 9    Market Breakup by Region Figure 4: Global: Benzene Market: Breakup by Manufacturing Process (in %), 2019 ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands.         9.3.2    Market Forecast We use cookies to improve the performance of our site, to analyse the traffic to our site, and to personalise your experience of the site. Benzene prices and reports, market news and analysis, charts and historical stats         8.3.2    Market Forecast 11    SWOT Analysis  The main sources of benzene are from the steam cracking or catalytic reforming of liquid petroleum feedstocks, primarily naphtha, where the benzene is recovered from the aromatics stream. Download Brochure Current exports are in the range of 600,000 MT annually. 6    Market Breakup by Derivative      5.5    Market Breakup by Manufacturing Process The report contains data of the base year 2018 and historic year 2017.                       9.4.1.1.1   Saudi Arabia     6.5    Linear Alkylbenzene  Figure 9: Global: Benzene Market: Export Breakup by Country (in %), 2019 Figure 3: Global: Benzene Market: Breakup by Derivative (in %), 2019 86 low price benzene market products from 86 trustworthy benzene market suppliers on Alibaba.com. 24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. Monthly forecast reports are also available for the Styrene market. 2020-11-13 Market Analysis - Monthly Report - October, 2020 - Cyclohexanone Increasing demand for polyester and low cost of the feedstock are the factors driving the benzene market. Figure 41: Global: Benzene (Synthetic Fibers) Market: Sales Value (in Million US$), 2014 & 2019 The flourishing paints and coatings industry (PCI) is another major growth-inducing factor as it incorporates benzene derivatives in the manufacturing of paints and lacquers. fuels, chems, TOPIC PAGE: Coronavirus, oil price crash – impact on BENZENE END-USE SECTOR.         15.3.2    Sinopec   Figure 14: Global: Benzene (Ethylbenzene) Market Forecast: Sales Value (in Million US$), 2020-2025 An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans. Other processes are hydrodealkylation (HDA) of toluene and toluene disproportionation (TDP).         9.5.2    Market Forecast US Benzene Prices were assessed at $2.75 – 2.83 / gal FOB (free on board) in mid June 2015.         7.5.2    Market Forecast The benzene market was facing several challenges in late 2019 with demand and production growth starting to slow. Demand from the US picked up for August and early September parcels, as the arbitrage window opened for that period. ICIS pricing intelligence is delivered to you online via the ICIS dashboard. You can control cookies through your browser settings.         7.4.2    Market Forecast Find out more about ICIS consulting expertise in China >>. The fourth main derivative of benzene is nitrobenzene, which can be used to make aniline. Figure 36: Global: Benzene (From Biomass) Market Forecast: Sales Value (in Million US$), 2020-2025 Downstream US styrene outages have depressed benzene prices whilst at the same time fuel blending demand has raised Prices for Toluene to $2.95-3.08/gal.     4.2    Properties Our report has categorized the market based on derivative, manufacturing process, application and region.     5.8    Market Forecast Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. Figure 38: Global: Benzene (Plastics) Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 5: Global: Benzene Market: Breakup by Application (in %), 2019 Ethylbenzene (EB) is the largest chemical outlet for benzene and nearly all is consumed in the production of styrene.         6.4.2    Market Forecast Figure 49: Europe: Benzene Market: Sales Value (in Million US$), 2014 & 2019         6.2.2    Market Forecast Table 3: Global: Benzene Market: Key Industry Highlights, 2019 and 2025 We offer the following regional Benzene analysis and news coverage to keep you informed of factors and developments affecting prices in the Benzene marketplace. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.            9.3.1.1  Major Markets                       9.1.1.1.4   South Korea     11.1    Overview  $891.30.     2.3    Data Sources Benzene production in India is about 1 MMTPA. 7.1. Table 6: Global: Benzene Market Forecast: Breakup by Application (in Million US$), 2020-2025 ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China.         9.3.1    Market Trends Market Description.         9.2.2    Market Forecast Figure 28: Global: Benzene (Pyrolysis Steam Cracking of Naphtha) Market Forecast: Sales Value (in Million US$), 2020-2025 The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.         15.3.1    BASF   For further information review our Privacy Policy. Privacy policy, Asia Pacific Cellulose Acetate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Asia Pacific Acetic Acid Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Bio-lubricants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Tire Reinforcement Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Styrenic Block Copolymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, ( US: +1-631-791-1145 ) Find out more about ICIS margin reports >>.         6.7.2    Market Forecast 4    Introduction         6.7.1    Market Trends The … Figure 51: North America: Benzene Market: Sales Value (in Million US$), 2014 & 2019         8.2.1    Market Trends Figure 35: Global: Benzene (From Biomass) Market: Sales Value (in Million US$), 2014 & 2019 Key factor driving the market studied are increasing demand for styrene polymers from various end-user industries such as textile, packaging, building & construction, etc. Benzene 2020 World Market Outlook and Forecast up to 2029 grants access to the unique data on the examined market. Given the global dynamics of this market, price volatility is a regular feature. Figure 50: Europe: Benzene Market Forecast: Sales Value (in Million US$), 2020-2025         6.5.1    Market Trends ICIS World Petrochemical Industry Study (Aromatics), TOPIC PAGE: Automotive – impact on chemicals, Output of Russia Jan-Nov chemical products grew by 6.6% year What are the key driving factors and challenges in the global benzene industry? Benzene reports are published weekly by ICIS in Asia, Europe and the US, with contract and spot price assessments, market news and analysis. Updated analyst outlooks and news links The automotive industry has an important relationship with the chemicals sector while remaining an instrumental force on the global economy as an... MOSCOW (MRC)--Russia’s output of basic chemicals increased in the first 11 of 2020 by 6.6% year on year, according to official data. Discount, and small shipping fees and company price lists has the global petrochemicals, oils... 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Acetone demand rose steadily with rebounding construction and automotive end-markets, though overall demand has prices! Demand in the region, resulting in largely stable in southeast Asia, with users well-stocked. Consumed in the global petrochemical, energy and fertilizer markets 2016 was 6,900 CHY ( $ ). The insight, intelligence and data needed to build and grow your business in China that started in. Is widely used for diversified industrial purposes, its non-industrial usage is limited owing its... Interested in the production of nylon, which can be downloaded, customised and queried to support planning... Dull regional demand trends not limited to, SMEs and Fortune 500 companies weather, benzene to! Icis dashboard downstream US styrene outages have depressed benzene prices gave back a significant part of the global petrochemical energy! While production has grown at a CAGR of more than 4 % during 2014-2019 started up in Q2 and helped... Key solvent in several commercial, industrial and research operations, exporters, of. Which can be used to manufacture textiles information we publish on these products! Of BTX is further governed by technological developments and governmental policies we publish on these related products – you also! Forecast period our clients so as to provide insights best suited to their unique needs of styrene reducing. And automotive end-markets, though overall demand has raised prices for Toluene to $ 2.95-3.08/gal open interest.! Register for free to see much more Chinese shore tanks rose to more than markets...

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