The global benzene market size accounted for USD 40.64 billion in 2024, grew to USD 42.96 billion in 2025 and is predicted to surpass around USD 70.75 billion by 2034, representing a healthy CAGR of 5.70% between 2024 and 2034. The North America benzene market size is calculated at USD 18.29 billion in 2024 and is expected to grow at a fastest CAGR of 5.81% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Benzene Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Benzene Market, by Derivative, 2024-2034
8.1.1. Ethylbenzene
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Cumene
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Alkylbenzene
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Cyclohexane
8.1.4.1. Market Revenue and Forecast (2021-2034)
8.1.5. Nitrobenzene
8.1.5.1. Market Revenue and Forecast (2021-2034)
9.1. Benzene Market, by Manufacturing Process, 2024-2034
9.1.1. Catalytic Reforming
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Toluene Disproportionation
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Toluene Hydrodealkylation
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Pyrolysis
9.1.4.1. Market Revenue and Forecast (2021-2034)
9.1.5. Steam Cracking of Naphtha
9.1.5.1. Market Revenue and Forecast (2021-2034)
9.1.6. From Biomass
9.1.6.1. Market Revenue and Forecast (2021-2034)
10.1. Benzene Market, by Application, 2024-2034
10.1.1. Plastics
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Lung
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Solvent
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Chemical Intermediates
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. Surfactants
10.1.5.1. Market Revenue and Forecast (2021-2034)
10.1.6. Rubber Manufacturing
10.1.6.1. Market Revenue and Forecast (2021-2034)
10.1.7. Detergents
10.1.7.1. Market Revenue and Forecast (2021-2034)
10.1.8. Explosives
10.1.8.1. Market Revenue and Forecast (2021-2034)
10.1.9. Lubricants
10.1.9.1. Market Revenue and Forecast (2021-2034)
10.10.5. Pesticides
10.1.10.1. Market Revenue and Forecast (2021-2034)
11.1. Benzene Market, by End-Use, 2024-2034
11.1.1. Packaging
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Pharmaceuticals
11.1.2.1. Market Revenue and Forecast (2021-2034)
11.1.3. Agriculture
11.1.3.1. Market Revenue and Forecast (2021-2034)
11.1.4. Constructions
11.1.4.1. Market Revenue and Forecast (2021-2034)
11.1.5. Textiles
11.1.5.1. Market Revenue and Forecast (2021-2034)
12.1. North America
12.1.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.1.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.1.3. Market Revenue and Forecast, by Application (2021-2034)
12.1.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.1.5.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.1.5.3. Market Revenue and Forecast, by Application (2021-2034)
12.1.5.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.1.6.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.1.6.3. Market Revenue and Forecast, by Application (2021-2034)
12.1.6.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.2.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.2.3. Market Revenue and Forecast, by Application (2021-2034)
12.2.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.2.5.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.2.5.3. Market Revenue and Forecast, by Application (2021-2034)
12.2.5.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.2.6.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.2.6.3. Market Revenue and Forecast, by Application (2021-2034)
12.2.6.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.2.7.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.2.7.3. Market Revenue and Forecast, by Application (2021-2034)
12.2.7.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.2.8.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.2.8.3. Market Revenue and Forecast, by Application (2021-2034)
12.2.8.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.3.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.3.3. Market Revenue and Forecast, by Application (2021-2034)
12.3.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.3.5.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.3.5.3. Market Revenue and Forecast, by Application (2021-2034)
12.3.5.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.3.6.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.3.6.3. Market Revenue and Forecast, by Application (2021-2034)
12.3.6.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.3.7.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.3.7.3. Market Revenue and Forecast, by Application (2021-2034)
12.3.7.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.3.8.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.3.8.3. Market Revenue and Forecast, by Application (2021-2034)
12.3.8.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.4.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.4.3. Market Revenue and Forecast, by Application (2021-2034)
12.4.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.4.5.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.4.5.3. Market Revenue and Forecast, by Application (2021-2034)
12.4.5.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.4.6.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.4.6.3. Market Revenue and Forecast, by Application (2021-2034)
12.4.6.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.4.7.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.4.7.3. Market Revenue and Forecast, by Application (2021-2034)
12.4.7.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.4.8.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.4.8.3. Market Revenue and Forecast, by Application (2021-2034)
12.4.8.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.5.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.5.3. Market Revenue and Forecast, by Application (2021-2034)
12.5.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.5.5.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.5.5.3. Market Revenue and Forecast, by Application (2021-2034)
12.5.5.4. Market Revenue and Forecast, by End-Use (2021-2034)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Derivative (2021-2034)
12.5.6.2. Market Revenue and Forecast, by Manufacturing Process (2021-2034)
12.5.6.3. Market Revenue and Forecast, by Application (2021-2034)
12.5.6.4. Market Revenue and Forecast, by End-Use (2021-2034)
13.1. BASF SE
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Braskem
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Reliance Industries Limited
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Shell PLC
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. SABIC
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. SIBUR
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Chevron Phillips Chemical Company LLC
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. China Petroleum & Chemical Corporation
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Eastman Chemical Company
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Exxon Mobil Corporation
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
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