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Benzene-Petrochemicals Market Is Likely To See A Massive Surge In Demand And Growth In The Forecast Period 2023-2032
Benzene Market
The Business Research Company's Benzene-Petrochemicals Global Market Report 2023 identifies increased use of styrene to drive the benzene-petrochemicals market. The benzene derivative ethylbenzene is majorly used in the manufacturing of styrene. There is an increased demand for styrene-based polymers and copolymers in the automotive industry due to their lightweight nature.
The global benzene-petrochemicals market size will grow from $72.41 billion in 2022 to $73.63 billion in 2023 at a compound annual growth rate (CAGR) of 1.7%. The market size of the global benzene-petrochemicals is expected to grow from $79.56 billion in 2027 at a CAGR of 2.0%.
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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.
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.
Read More On The Global Benzene-Petrochemicals Market Report Here:
https://www.thebusinessresearchcompany.com/report/benzene-petrochemicals-global-market-report
The Benzene-petrochemicals market is segmented -
• By Manufacturing Process: Pyrolysis Steam Cracking of Naphtha, Catalytic Reforming of Naphtha, Toluene Hydrodealkylation, Toluene Disproportionation, From Biomass
• By Derivative: Ethylbenzene, Cumene, Alkylbenzene, Aniline, Chlorobenzene, Cyclohexane, Maleic Anhydride, Other Derivatives
• By Application: Plastics, Resins, Synthetic Fibers, Rubber Lubricants
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Benzene-petrochemicals market.
The Business Research Company's "Global Benzene-Petrochemicals Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Benzene-Petrochemicals Market Include:
1. Benzene-Petrochemicals Market Executive Summary
2. Benzene-Petrochemicals Market Segments
3. Benzene-Petrochemicals Market Size And Benzene-Petrochemicals Market Growth Rate
4. Key Benzene-Petrochemicals Market Trends
5. Major Benzene-Petrochemicals Market Drivers
……
25. Key Mergers And Acquisitions In The Benzene-Petrochemicals Market
26. Top Benzene-Petrochemicals Companies
27. Benzene-Petrochemicals Market Opportunities And Strategies
28. Benzene-Petrochemicals Market, Conclusions And Recommendations
29. Appendix
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