Global Benzene Market Size & Outlook, 2022-2030
Global benzene market, 2018-2030 (US$M)
Related Markets
Global benzene market highlights
- The global benzene market generated a revenue of USD 64,556.6 million in 2022 and is expected to reach USD 104,321.8 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.2% by 2030.
- In terms of segment, ethyl benzene accounted for a revenue of USD 5,583.8 million in 2022.
- Ethyl benzene is the most lucrative additives segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 64,556.6 million |
| Market revenue in 2030 | USD 104,321.8 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Ethyl benzene |
| Fastest growing segment | Ethyl benzene |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phenol/cumene, Cyclohexane, Nitrobenzene, Alkyl benzene, Ethyl benzene |
Other key industry trends
- In terms of revenue, the North America accounted for 26.0% of the global benzene market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 827.9 million by 2030.
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Benzene Market Scope
Benzene Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global benzene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to benzene market will help companies and investors design strategic landscapes.
Ethyl benzene was the largest segment with a revenue share of 8.65% in 2022. Horizon Databook has segmented the Global benzene market based on phenol/cumene, cyclohexane, nitrobenzene, alkyl benzene, ethyl benzene covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Benzene Additives Outlook (Revenue, USD Million, 2018-2030)
- Polyethylene
- Polypropylene
- Propylene oxide
- Acrylonitrile
- Phenol/cumene
- Cyclohexane
- Nitrobenzene
- Alkyl benzene
- Solvents
- TDI
- Formaldehyde
- Gasoline
- Acetic Acid
- MTBE
- Dimethyl Ether
- MTO/MTP
- Monomers
- Acrylic acid
- Isopropanol
- SB Rubber
- Butadiene rubber
- ABS
- SB latex
- Ethylene Oxide
- EDC
- Ethyl benzene
- Others
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Target buyers of Global benzene market databook
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Our clientele includes a mix of benzene market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global benzene market , including forecasts for subscribers. This global databook contains high-level insights into Global benzene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global benzene market size, by region, 2018-2030 (US$M)
Top 10 countries: Benzene market size, 2022 (US$M)
Global benzene market share, by additives, 2022 & 2030 (%, US$M)
Benzene market: Opportunity assessment by country
Global benzene market, by region, 2022 (US$M)
Related regional statistics
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