Title: Global Benzene Market - Forecast(2022 - 2027)
1Global Benzene MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The Benzene market size is estimated to reach
US75 billion by 2027 after growing at a CAGR of
7.2 during 2022-2027. Benzene is an organic
chemical combined with sweet odor. - It is colorless or slightly yellow in color
liquid at room temperature. - It belongs to polycyclic aromatic hydrocarbon
which naturally occurs in gasoline and crude oil. - Alkylation of benzene and ethylene produces
ethylbenzene.
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- Key Takeaways
- Asia Pacific is the fastest growing region in the
global benzene market. This growth is mainly
attributed to the increased demand for paints in
construction industry. - Agrochemicals is expected to be the significant
segment owing to the surge in demand from the
agricultural industry. - Global benzene plays an important role in several
industries such as in the pharmaceutical
industry, plastic industry, and printing industry
which are expected to provide significant growth
opportunity for the global market.
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By Distribution Channel- Segment
Analysis The agrochemicals segment held the
largest global benzene market share in 2021 and
it is expected to grow with a CAGR of around 6.1
during the forecast period. Benzene is widely
used in production of agrochemicals such
insecticide, pesticide, fertilizers and
herbicides. These agrochemicals serve a purpose
in reducing the density of weeds in agriculture
and, thereby promoting the growth of desired
plants.
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- Global Benzene Market Industry Outlook
- BASF SE
- Chevron Phillips Chemical Company LLC
- Exxon Mobil Corporation
- Royal Dutch Shell PLC
- LG Chem.
- China Petroleum Chemical Corporation
- The Dow Chemical Company
- Total S.A.
- DuPont
- DuPont de Nemours Inc
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Global Benzene Market - Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Global-Benze
ne-Industry-Market-Research-511531
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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