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Global Benzene Market Forecast and Opportunities, 2020

  • July 2015
  • -
  • TechSci Research
  • -
  • 167 pages

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. Ethylbenzene derivatives are majorly used across automotive industry for manufacturing tyres and other components. Hence, growth in automotive industry is the prime driver for benzene market. Cumene, cyclohexane and nitrobenzene are other derivatives of benzene, which are used mainly for the manufacturing of protective coatings, nylon fibers and detergents, respectively.

According to “Global Benzene Market Forecast & Opportunities, 2020”, global benzene market is expected to surpass 46MMT by 2020 on account of continuously increasing demand from various industries using benzene derivatives in their manufacturing processes. Shale gas evolution in the US has increased the availability of ethane, which is a light feedstock used for cracking process. The use of lighter feedstock is hampering the yield of benzene and leading to a tight demand/supply scenario in the global market, due to which the market has become highly competitive and all major players are investing in R&D to improve the quality and properties of the product. The major players operating in global benzene market include ExxonMobil, Shell Chemicals, and Sinopec Corporation, among others. Region-wise, Asia-Pacific is expected to dominate global benzene market through 2020 as majority of benzene derivative manufacturers plan on shifting their production base to developing countries in this region. “Global Benzene Market Forecast & Opportunities, 2020” elaborates the following aspects related to global benzene market:

- Global Benzene Market Size, Share & Forecast
- Segmental Analysis – By Feedstock, By Derivative, By Company
- Regional Analysis – Asia-Pacific, Europe, North America, MEA, South America
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of global benzene market
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, hardware equipment manufacturers, vendors and dealers align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with benzene producers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and other proprietary databases.

Table Of Contents

Global Benzene Market Forecast and Opportunities, 2020
1. Research Methodology
2. Analyst View
3. Product Overview
4. Global Benzene Market Outlook
4.1. Market Size and Forecast
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share and Forecast
4.2.1. By Feedstock
4.2.2. By Derivative (Ethylbenzene, Cumene, Cyclohexane, Nitrobenzene)
4.2.3. By Region
4.2.4. By Company
5. Asia-Pacific Benzene Market Outlook
5.1. Market Size and Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share and Forecast
5.2.1. By Derivative
5.2.2. By Country
6. Europe Benzene Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share and Forecast
6.2.1. By Derivative
6.2.2. By Region
7. North America Benzene Market Outlook
7.1. Market Size and Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share and Forecast
7.2.1. By Derivative
7.2.2. By Country
8. Middle East Benzene Market Outlook
8.1. Market Size and Forecast
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share and Forecast
8.2.1. By Derivative
8.2.2. By Region
9. South America Benzene Market Outlook
9.1. Market Size and Forecast
9.1.1. By Value
9.1.2. By Volume
9.2. Market Share and Forecast
9.2.1. By Derivative
9.2.2. By Country
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
11.1. Investments in Biomass-Derived Benzene
11.2. Increasing Naphtha Cracking Capacity
11.3. Feed Stock Shift
11.4. Verbund Capabilities
11.5. Strong Investment Growth in Global Tyre Industry
11.6. On-purpose Benzene Production
11.7. Development of New Technology
11.8. Benzene Application in Nanotechnology
12. Competitive Landscape
12.1. Exxon Mobil Corporation (NYSE: XOM)
12.2. Royal Dutch Shell PLC (NYSE: RDS.B)
12.3. Sinopec Corporation (HKSE: 0386.HK)
12.4. Total S.A. (EPA: FP)
12.5. JX Holdings Inc. (JP: 5020)
12.6. Mitsubishi Corporation (TYO: 8058)
12.7. Maruzen Petrochemical Co., Ltd.
12.8. SK Global Chemical Co. Ltd.
12.9. Chevron Phillips Chemical Company LP
12.10. The Dow Chemical Company (NYSE: DOW)
12.11. Saudi Basic Industries Corp. (SSE: TASI)
12.12. Reliance Industries Limited (NSE: RELIANCE)
12.13. PetroChina Company Ltd. (NYSE: PTR)
12.14. LG Chem, Ltd. (KSE: LG Chem)
12.15. LyondellBasell Industries NV (NYSE: LYB)
12.16. Ineos Group
12.17. BASF SE (Frankfurt:BAS)
12.18. Braskem SE (NYSE:BAK)
12.19. CPC Corporation
12.20. Evonik Industries AG (FWB: EVK)
13. Strategic Recommendations

List of Figures

Figure 1: Global Benzene Market Size, By Value (USD Billion), By Volume (Million Metric Tons), 2010-2020F
Figure 2: Global Tyre Production, By Volume, 2010-2013 (Thousand Tons)
Figure 3: Global Vehicle Production, By Volume, 2010-2014 (Million Units)
Figure 4: Global Benzene Average Selling Price (ASP), 2010-2014 (USD/Ton)
Figure 5: Global Benzene Market Share, By Feedstock, By Volume, 2010-2020F
Figure 6: Global Benzene Market Share, By Derivative, By Volume, 2010-2020F
Figure 7: Global Plastics Production, By Volume, 2008-2013 (Million Metric Tons)
Figure 8: Global Staple Synthetic Fibers Production, By Volume, 2008-2013 (Million Metric Tons)
Figure 9: Global Rubber Processing Chemicals Consumption, By Volume, 2009-2014 (Million Metric Tons)
Figure 10: Global Benzene Market Share, By Region, By Volume, 2010-2020F
Figure 11: Americas Benzene Market Share, By Region, By Volume, 2010-2020F
Figure 12: Europe Benzene Market Share, By Region, By Volume, 2014
Figure 13: Global Benzene Trade Flow, 2014
Figure 14: Global Benzene Market Share, By Company, By Volume, 2010-2020F
Figure 15: APAC Benzene Market Size, By Value (USD Billion), By Volume (Million Metric Tons), 2010-2020F
Figure 16: APAC Benzene Market Share, By Derivative, By Volume, 2010-2020F
Figure 17: China Tyre Production, By Volume, 2010-2013 (Ten Thousand Tons)
Figure 18: APAC Polyurethane Production, By Volume, 2011-2014 (Thousand Metric Tons)
Figure 19: APAC Benzene Market Share, By Country, By Volume, 2010-2020F
Figure 20: Asia-Pacific Synthetic Rubber Production and Consumption, By Volume (Thousand Metric Tons), 2013 and 2014
Figure 21: APAC Synthetic Rubber Production, By Country, By Volume, 2013 (Thousand Metric Tons)
Figure 22: Asia and Oceania Tyre Production, By Volume, 2010-2013 (Ten Thousand Tons)
Figure 23: China Benzene Production, 2010-2014 (Thousand Metric Tons)
Figure 24: China Benzene Imports, 2010-2014 (Thousand Metric Tons)
Figure 25: China Benzene Exports, 2010-2014(Thousand Metric Tons)
Figure 26: Japan Benzene Production, 2010-2014 (Thousand Metric Tons)
Figure 27: Japan Benzene Imports, 2010-2014 (Thousand Metric Tons)
Figure 28: Japan Benzene Exports, 2010-2014 (Thousand Metric Tons)
Figure 29: South Korea Benzene Production, 2010-2014 (Thousand Metric Tons)
Figure 30: South Korea Benzene Imports, 2010-2014 (Thousand Metric Tons)
Figure 31: South Korea Benzene Exports, 2010-2014 (Thousand Metric Tons)
Figure 32: Taiwan Benzene Production, 2010-2014 (Thousand Metric Tons)
Figure 33: Singapore Benzene Imports, 2010-2014 (Thousand Metric Tons)
Figure 34: Singapore Benzene Exports, 2010-2014 (Thousand Metric Tons)
Figure 35: India Benzene Production, 2010-2014 (Thousand Metric Tons)
Figure 36: Europe Benzene Market Size, By Value (USD Billion), By Volume (Million Metric Tons), 2010-2020F
Figure 37: Europe Benzene Market Share, By Derivative, By Volume, 2010-2020F
Figure 38: Europe Passenger Car and Commercial Vehicle Production, By Volume, 2010-2013 (Million Units)
Figure 39: Europe Tyre Production, By Volume, 2010-2013 (Thousand Metric Tons)
Figure 40: Europe SBR Market Size, By Volume, 2010-2014 (Thousand Metric Tons)
Figure 41: Europe Benzene Market Share, By Region, By Volume, 2010-2020F
Figure 42: North America Benzene Market Size, By Value (USD Billion), By Volume (Million Metric Tons), 2010-2020F
Figure 43: North America Steam Cracker Feedstock Share, By Volume, 2013
Figure 44: North America Ethylene Production, By Volume, 2010-2014 (Million Metric Tons)
Figure 45: US Ethane/NGL Transmission Pipeline Infrastructure
Figure 46: Americas Synthetic Rubber Production and Consumption, By Volume, 2013-14 (Thousand Metric Tons)
Figure 47: North America Vehicle Production, By Volume, 2011-2014 (Million Units)
Figure 48: North America Benzene Market Share, By Derivative, By Volume, 2010-2020F
Figure 49: North America Passenger Car and Commercial Vehicle Production, By Volume, 2013 and 2014 (Million Units)
Figure 50: Americas Tyre Production, By Volume, 2010-2013 (Thousand Metric Tons)
Figure 51: North America Benzene Market Share, By Country, By Volume, 2010-2020F
Figure 52: Canada Passenger Car and Commercial Vehicle Production, By Volume, 2013 and 2014 (Million Units)
Figure 53: Mexico Passenger Car and Commercial Vehicle Production, By Volume, 2013 and 2014 (Million Units)
Figure 54: MEA Benzene Market Size, By Value (USD Billion), By Volume (Million Metric Tons), 2010-2020F
Figure 55: MEA Benzene Market Share, By Derivative, By Volume, 2010-2020F
Figure 56: MEA Benzene Market Share, By Country, By Volume, 2010-2020F
Figure 57: South America Benzene Market Size, By Value (USD Billion), By Volume (Million Metric Tons), 2010-2020F
Figure 58: South America Benzene Market Share, By Country, By Volume, 2014
Figure 59: South America Benzene Market Share, By Derivative, By Volume, 2010-2020F
Figure 60: South America Benzene Market Share, By Country, By Volume, 2010-2020F
Figure 61: Global Crude Oil Prices, 2010 and 2014 (USD/ bbl)
Figure 62: Global Natural Gas Prices, 2010 and 2014 (USD/ bbl)

List of Tables

Table 1: Benzene Properties
Table 2: Major Benzene Producers in the Middle East, By Capacity, 2014
Table 3: Major Global Benzene Manufacturers, By Production Capacity, 2014
Table 4: China Major SBR Producers, By Production Capacity, 2014
Table 5: South Korea Major Benzene Manufacturers, By Production Capacity, 2014
Table 6: Europe Major Benzene Producers, By Location
Table 7: Europe Benzene Production Plant Capacity Addition, By Company, By Location, 2015
Table 8: Europe Major SBR Plants, By Capacity, 2013
Table 9: North America Upcoming Ethane Cracking Units, By Capacity and Location, 2014
Table 10: North America Major Benzene Distributors/ Producers, By Location, 2014
Table 11: North America Major SBR Producers, By Location
Table 12: MEA Major Benzene Producers, By Production Capacity
Table 13: MEA Major Benzene Producers, By Production Capacity Expansion
Table 14: Organizations with their Regulations for Carcinogenicity of Benzene
Table 15: US Naphtha Cracking Projects, By Capacity Additions, 2012-2017, (Million Metric Tons Per Annum)
Table 16: Global Tyre Manufacturers' Expansion Plans, 2015

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