Benzene Market SWOT Analysis, Top Key Players, Business Trends and Forecast to 2032

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The global Benzene Market size was USD 162.75 Billion in 2022 and is expected to reach USD 252.48 Billion in 2032, and register a revenue CAGR of 5% during the forecast period. Rising demand for Polystyrene and other polymers such as nylon and Polyester, which are widely employed in the manufacture of various consumer goods, is a major factor driving market revenue growth. Moreover, rising demand for Benzene in the construction sector for insulation materials and floor coverings is driving revenue growth of the market.

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Major Companies:

• BASF SE
• Dow Chemical Company
• ExxonMobil Corporation
• Shell Chemicals
• Sinopec Corporation
• China National Petroleum Corporation
• JX Nippon Oil & Energy Corporation
• Reliance Industries Limited
• LyondellBasell Industries N.V.
• Total S.A.

Key questions addressed in the report:

• What is the expected market size of the global Benzene market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global Benzene market?

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Benzene Market Segmentation:

By Derivative Type Outlook: 

• Ethylbenzene
• Cumene
• Cyclohexane
• Nitrobenzene
• Others

By End-Use Outlook: 

• Pharmaceuticals
• Petrochemicals
• Plastics
• Textiles
• Others

 Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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