- The key vendors in the Global Benzene Market 2015-2019 are Badische Anilin-und Soda-Fabrik SE (BASF), British Petroleum plc (BP), China National Petroleum Corp. (CNPC), ExxonMobil Chemicals, Reliance Industries Ltd. and Shell Chemicals.
London, 11 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Benzene Market 2015-2019. Huge growth of benzene market in China is one of the key trends emerging in the market. The consumption of various major intermediates of benzene such as ethylbenzene, cumene, and cyclohexane has increased. Moreover, benzene manufacturers are expected to increase their profitability and consumer reach in the country. The Global Benzene market is expected to grow at a CAGR of 4.68 percent during 2014-2019.
“A rise in the production of end-products derived from benzene is having a positive influence on the growth of the market in the APAC region,” says Faisal Ghaus, Vice President of TechNavio Research.
“The APAC region accounted for 38.6 percent of the Global Benzene market in 2014. China and Japan are the biggest consumers of benzene and India is the fastest growing market in the region.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
