Global Research Global Benzene Market Trends, Analysis, Growth Out
Global Benzene Market Trends, Analysis, Growth
Outlook and Overview to 2025
“This comprehensive Global Benzene Market research report
consist of a brief about market trends which help the businesses
operating in the industry to understand the market and
strategize for their business expansion accordingly. The
research report examine the market size, industry share,
growth, key segments, CAGR and key drivers.”
Global benzene market is segmented on the basis of derivatives, application and geography. Benzene is a basic
petrochemical that is obtained as a by-product during production of ethylene and propylene. Steam cracking of
naphtha followed by its extractive distillation is a conventional route for producing benzene. Benzene is also produced
from hydroalkylation of toluene. Synthetic rubber industry is the largest consumer of benzene, wherein it is processed
for producing derivatives such as ethylbenzene, a precursor to styrene used to manufacture Styrene-Butadiene Resins
(SBR), Styrene Butadiene Latex (SB Latex), etc. Benzene is a hydrocarbon that contains six carbon and six hydrogen
atoms. Benzene is one of the constituents of crude oil. Its chemical structure is cyclic with atoms joined by continuous
pi-bonds. It is a colourless, highly flammable liquid with a sweet odour. It is basically used as a predecessor to heavy
chemicals such as ethylbenzene and cumene.
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