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Benzene-Petrochemicals Global Market Report 2022

Published: Pre-Order | The Business Research Company | 175 Pages | Delivery time: 2-10 business days

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Benzene-Petrochemicals Global Market Report 2022
Published: Pre-Order
The Business Research Company
Content info: 175 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents

Benzene-Petrochemicals Global Market Report 2022 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global benzene-petrochemicals market as it emerges from the COVID-19 shut down.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the benzene-petrochemicals? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Benzene-Petrochemicals market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider benzene-petrochemicals market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The benzene-petrochemicals market section of the report gives context. It compares the benzene-petrochemicals market with other segments of the benzene-petrochemicals market by size and growth, historic and forecast.

Scope

Markets Covered: 1) By Manufacturing Process: Pyrolysis Steam Cracking of Naphtha; Catalytic Reforming of Naphtha; Toluene Hydrodealkylation; Toluene Disproportionation; From Biomass

2) By Derivative: Ethylbenzene; Cumene; Alkylbenzene; Aniline; Chlorobenzene; Cyclohexane; Maleic Anhydride; Other Derivatives

3) By Application: Plastics; Resins; Synthetic Fibers; Rubber Lubricants

Companies Mentioned: Ameriya Oil Ref. Co.; Angarsk Petrochemical; Alexandria National Refining and Petrochemicals Company (ANRPC); Arsol Aromatics GmbH & Co. KG ; Atyrau Oil & Gas

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the benzene-petrochemicals market are Ameriya Oil Ref. Co., Angarsk Petrochemical, Alexandria National Refining, and Petrochemicals Company (ANRPC), Arsol Aromatics GmbH & Co. KG, Atyrau Oil & Gas, Azerkhimija, BASF SE, Borealis AG, Bp Plc, and Braskem.

The global benzene-petrochemicals market is expected to grow from $65.57 billion in 2021 to $67.97 billion in 2022 at a compound annual growth rate (CAGR) of 3.7%. The market is expected to grow to $77.56 billion in 2026 at a CAGR of 3.4%.

The benzene-petrochemicals market consists of sales of benzene and related services by entities that produce benzene.

The main manufacturing process of benzene includes pyrolysis steam cracking of naphtha, catalytic reforming of naphtha, toluene hydrodealkylation, toluene disproportionation, and biomass. Toluene disproportionation is referred to as a trans-alkylation reaction that converts toluene into xylene and benzene. The reaction occurs in the presence of hydrogen, along a bed of nickel-mordenite catalyst. The major derivative from which benzene is derived are ethylbenzene, cumene, alkylbenzene, aniline, chlorobenzene, cyclohexane, maleic anhydride, and other derivatives. The various application of benzene includes plastics, resins, synthetic fibers, and rubber lubricants.

Asia Pacific was the largest region in the benzene-petrochemicals market in 2021. Middle East was the second-largest region in the benzene-petrochemicals market. The regions covered in the benzene-petrochemicals report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The increased use of styrene to drive the benzene market. The benzene derivate ethylbenzene is majorly used in the manufacturing of styrene. Styrene is used in the production of various products, such as styrene-acrylonitrile (SAN), acrylonitrile-butadiene-styrene (ABS), polystyrene, styrene-butadiene elastomers, latexes, unsaturated polyester resins among others. There is an increased demand of styrene-based polymers and copolymers in the automotive industry due to their lightweight nature. For instance, according to the American Chemistry Council (ACC), the fuel economy of a vehicle can improve by 6-8% by reducing the weight of a vehicle by 10%. Usage of plastics like styrene can reduce the weight of vehicles, thereby improving fuel economy. The usage of styrene has also benefited manufacturers by reducing vehicle assembly time and costs. These advantages of the usage of styrene-based polymers and copolymers especially in the automotive industry are expected to contribute to the growth of the benzene market.

Stringent safety regulations associated with the manufacturing and transportation of benzene were a major restraint on the market. Benzene is highly inflammable, toxic, and hazardous when exposed to extreme temperatures and pressures. Companies in this market should invest in equipment, technologies, and processes to limit the toxic levels and chemical concentrations as it may harm the environment and population. Humans, when exposed to benzene in the air for a certain amount of time lose their life. In order to provide a safe environment, government agencies limit the amount of benzene that can be released into the environment. For instance, the EPA (Environmental Protection Agency) has set the maximum permissible level of benzene in drinking water at 5 ppb (per billion parts of air). These regulations have increased the operating costs of companies in this industry, thus restricting the growth of the market.

Many companies in the benzene market are focusing on research and developmental activities to discover new technologies and processes for the production of benzene. The technologies developed are expected to help curb environmental issues. For instance, in November 2019, China National Petroleum Corporation (CNPC), a major oil and gas cooperation of China headquartered in Beijing, signed an agreement with KazMunayGas (KMG) and a memorandum with the Ministry of Energy of the Republic of Kazakhstan and KazTransGaz. The agreement between the companies will promote the expansion of the natural gas cooperation. The increase in such technological advances to reduce emissions will gain traction contributing to the growth of the market.

In October 2019, Saudi Basic Industries Corp (SABIC) completed the merger of its wholly-owned affiliates Saudi Petrochemical Company (Sadaf) and Arabian Petrochemical Company (Petrokemya). This deal will transfer Sadaf's assets, rights, liabilities, and obligations to Petrokemya and increase the efficiency of SABIC's operations. Petrokemya is a Saudi Arabian company that produces feedstock chemicals including propylene, ethylene, butene, benzene, and butadiene.

The countries covered in the benzene-petrochemicals market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

Product Code: r1576

Table of Contents

1. Executive Summary

2. Benzene Market Characteristics

3. Benzene Market Trends And Strategies

4. Impact Of COVID-19 On Benzene

5. Benzene Market Size And Growth

  • 5.1. Global Benzene Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Benzene Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Benzene Market Segmentation

  • 6.1. Global Benzene Market, Segmentation By Manufacturing Process, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Pyrolysis Steam Cracking of Naphtha
  • Catalytic Reforming of Naphtha
  • Toluene Hydrodealkylation
  • Toluene Disproportionation
  • From Biomass
  • 6.2. Global Benzene Market, Segmentation By Derivative, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Ethylbenzene
  • Cumene
  • Alkylbenzene
  • Aniline
  • Chlorobenzene
  • Cyclohexane
  • Maleic Anhydride
  • Other Derivatives
  • 6.3. Global Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Plastics
  • Resins
  • Synthetic Fibers
  • Rubber Lubricants

7. Benzene Market Regional And Country Analysis

  • 7.1. Global Benzene Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Benzene Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Benzene Market

  • 8.1. Asia-Pacific Benzene Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Benzene Market

  • 9.1. China Benzene Market Overview
  • 9.2. China Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Benzene Market

  • 10.1. India Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Benzene Market

  • 11.1. Japan Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Benzene Market

  • 12.1. Australia Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Benzene Market

  • 13.1. Indonesia Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Benzene Market

  • 14.1. South Korea Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Benzene Market

  • 15.1. Western Europe Benzene Market Overview
  • 15.2. Western Europe Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Benzene Market

  • 16.1. UK Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Benzene Market

  • 17.1. Germany Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Benzene Market

  • 18.1. France Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Benzene Market

  • 19.1. Eastern Europe Benzene Market Overview
  • 19.2. Eastern Europe Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Benzene Market

  • 20.1. Russia Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Benzene Market

  • 21.1. North America Benzene Market Overview
  • 21.2. North America Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Benzene Market

  • 22.1. USA Benzene Market Overview
  • 22.2. USA Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Benzene Market

  • 23.1. South America Benzene Market Overview
  • 23.2. South America Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Benzene Market

  • 24.1. Brazil Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Benzene Market

  • 25.1. Middle East Benzene Market Overview
  • 25.2. Middle East Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Benzene Market

  • 26.1. Africa Benzene Market Overview
  • 26.2. Africa Benzene Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Benzene Market Competitive Landscape And Company Profiles

  • 27.1. Benzene Market Competitive Landscape
  • 27.2. Benzene Market Company Profiles
    • 27.2.1. Ameriya Oil Ref. Co.
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. Angarsk Petrochemical
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Alexandria National Refining and Petrochemicals Company (ANRPC)
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. Arsol Aromatics GmbH & Co. KG
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Atyrau Oil & Gas
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

29. Key Mergers And Acquisitions In The Benzene Market

29. Benzene Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Research Inquiries
  • 30.4. The Business Research Company
  • 30.5. Copyright And Disclaimer