In this region, significant refining and ethylene cracker capacity has been added to address rapidly growing car fleet sales driving gasoline demandas well as the diverse needs of a growing Chinese middle class. However, maleic anhydride is primarily produced from butane as a feedstock.
Some of the characteristics of LAB are high light yield, high flash point, low radioactive impurities, and optimum optical transparency. However, implementation of strict regulations by various government bodies has restricted the use of toxic organic chemicals in the production of benzene, which is expected to hamper the growth of the market.
The value chain of petrochemical is significantly integrated, both from the downstream and the upstream perspective. Increasing ethyl benzene applications in natural gas extraction owing to increasing energy needs is also anticipated to drive global market over the forecast period. Alkyl benzene derivative is used to produce surfactants for manufacturing detergents.
Globally, benzene consumption is dominated by the production of two major derivatives: Over the forecast period, the performance of the Chinese economy will remain a vital driver for benzene consumption; however, slower growth will prevail through Please connect with our representative, who will ensure you to get a report that suits your needs.
Coating industry extensively uses ethyl benzene for the production of paints, varnishes and lacquers. Chemical Economics Handbook Published July Benzene is a large-volume commodity petrochemical that is primarily produced in oil refineries and steam crackers, or as a by-product of p-xylene production.
Market players are also implementing certain promotional marketing strategies to penetrate untapped markets such as Middle East and African countries.
Rapid Demand of Styrene Polymers for Various End-user Industries Styrene polymers are used in various applications, like production of synthetic rubbers and expanded polystyrene.
The key emerging opportunities of the fastest growing Global Linear Alkylbenzene LAB market segments are also covered in this report. Asia-Pacific is estimated to account for the highest market share, followed by Europe. The report also comprises a detailed value chain analysis that offers a comprehensive view of value addition at each stage of the value chain.
The market attractiveness analysis is based on various factors such as market size of each product, growth rate during the forecast period, demand for downstream products, and government and environmental regulations. These numerous factors are projected to boost industry expansion over next seven years.
Despite the expansion of its benzene capacity base through new p-xylene and reforming units, China is still expected to import increasing amounts of benzene through Demand for bio-based chemicals is increasing due to growing consumer awareness and benefits associated with their usage.The forecast reveals the market perspectives through to This report is designed for manufacturers, distributors, importers, and wholesalers of benzene, as well as for investors, consultants and advisors.
Benzene Market Benzene Market Overview: Benzene is a toxic, flammable, and volatile hydrocarbon. The most common route to produce benzene is by crude refining, or as a by-product of p-xylene production.
Benzene Market Report offers a specialized and in-depth study on the present condition of the Global Benzene industry alongside aggressive scene, Market share and revenue forecasts This report is a valuable source of guidance for companies and individuals offering Industry Chain Structure, Business Strategies and Proposals for.
Chemical Week Chemical Week is the world’s leading news source for chemical industry executives and professionals around the globe.
With a tradition Market Analysis & Forecasts. What is covered in the report about the “Thailand Benzene Industry”?
GlobalData’s report, “Benzene Industry Outlook in Thailand to - Market Size, Company Share, Price Trends, Capacity Forecasts of All Active and Planned Plants”, provides up to date in-depth information on Thailand’s Benzene industry.
Global Linear Alkylbenzene Market Industry Trends, Sales, Growth, Analysis & Forecast to Business Articles | August 18, Global Linear Alkylbenzene (LAB) Market report gives a detailed overview of the key segments in the market.Download