Benzene News PowerPoint PPT Presentations

The third quarter showed mixed results for the North American Benzene industry. Regional Benzene demand remained firm from the Styrene segment amid a recent uptick in exports as well as stronger Benzene demand in the US.

The organic compound is primarily utilized to manufacture Linear Alkyl Benzene Sulfonic Acid (LABSA), a high valued surfactant. Owing to its supreme properties like high flash point, good transparency and negligible radioactive impurities, LAB has emanated as an ideal feedstock for producing biodegradable detergents and cleaners.

Ample supply amidst subdued demand in the region on the back of weakened PTA resulted in an overall dull market of Paraxylene in Q3 2020. Supple inventories of the product left no room for the sellers to spread their profit margins. To assist the hovering fundamentals, few European producers were seen implementing production cuts, but certainly, it was not enough to rebound its hovering sentiments.

However, in the second half of the quarter, supply considerably eased as crude oil futures tumbled to astonishing lows amid narrowed fuel demand under consistent increment in coronavirus cases across the globe.

Although several downstream sectors like automotive and construction showcased promising hopes of recovery, players were cautious over prevailing demand uncertainties on consistent rise in coronavirus number in some parts of the region.

PS is available in several forms – general purpose (GPPS), medium impact and high impact (HIPS). Different grades of PS produced are used for different set of applications in several downstream industries.

Acetone also called Propanone, is a colorless, flammable and volatile organic chemical solvent. It is primarily utilized as an industrial solvent with commendable consumption from the pharmaceutical industry due to its high miscibility in other solvents. The product is also utilized as an active cleanser in commercial operations, laboratories and households.

The Petroleum Benzene market report 2016 explores world's major regional market conditions of Petroleum Benzene industry, the main region including north American, Europe and Asia etc. and the main country including United States, Germany, Japan and China etc. View complete report at https://goo.gl/SMMDWH . Connect With Us: G+ / Google Plus: https://plus.google.com/100522247534014319619 RSS / Feeds: http://www.asklinkerreports.com/feed PRNewswire: http://www.prnewswire.com/news/asklinker+reports

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Maleic anhydride, manufactured through the oxidation of butane or benzene, is an organic, white crystalline solid with an acrid odor. Maleic anhydride has limited applications, while its derivatives possess versatile applications. The majority of maleic anhydride manufactured is used in unsaturated polyester resin, while other applications include BDO, copolymers, additives, and others. The major end-users of maleic anhydride include the Building and Construction industry, Infrastructure sector, Automotive industry, Footwear industry, Chemicals industry, and Others. To view the News on this report visit at: http://www.prlinker.com/global-maleic-anhydride-market-would-grow-at-7-Point-25-percent-cagr-through-the-period-2015-2019.html

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Cumene or isopropyl-benzene is a flammable organic compound. It is an aromatic hydrocarbon-based liquid with a boiling point of 305.6 Fahrenheit. For more information : http://bit.ly/1owlxi7

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However, the key raw materials used for producing Maleic Anhydride are Benzene and n-Butane (Petrochemical derivatives), hence, the volatility in the prices of Crude oil will directly influence the prices of Maleic Anhydride and its derivatives, which may hamper its market growth in the forecast period.

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LAB is an organic compound mostly used as an intermediate in the production of surfactant linear alkylbenzene sulphonate (LAS), also known as linear alkylbenzene sulphonic acid (LABSA) which is the key ingredient for producing biodegradable detergents.

The global market for LAB will continue to grow in the upcoming years as the demand for laundry detergents is continuously grow, particularly in the Asia-Pacific region. As of 2019, Asia-Pacific dominated the global LAB market, with the largest consumption from the countries, such as China, India and Japan. Increased urbanization and government initiatives to promote better health and hygiene practices are likely to drive increased demand for laundry detergent. Moreover, increased investments across the detergents and other cleaning chemicals sector looking at the rising penetration across the rural sectors would further boost the LAB demand in the forecast period.

After reaching unprecedented highs during the previous quarter, prices of Benzoic Acid started relaxing moving into April. In China, prices of Benzoic Acid drifted during the month of April and later braced stability for other two months. Benzoic Acid being a majorly imported commodity in India, the decline in prices also impacted the price trend in the domestic market.

The Fumaric Acid market in North America was negatively impacted due to shortages of the raw materials which led to the tight supply of Fumaric Acid, as upstream production was disrupted by sub-zero temperature conditions in USA Gulf region, forcing Fumaric Acid producers to temporarily shut operations.

The European market observed similar trends in line with other regions, with shortage of feedstock chemicals, amid high demand from end users. The demand from downstream end users were observed stable to firm, however the supply remained critical due to lower imports from USA as the production activities were halted due to the freezing winter storm.

PX supplies in the European region were tight, during the first quarter of 2021, due to the lower operating rate of refineries in the northwest European region amidst cold weather conditions, followed by decline in imports from the USA which further tightened the market supplies.

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Alkanes For a discusion on the structure of alkanes, see the Unit 2 Elaboration - Alkane Structure Alkanes Alkanes, along with the other hydrocarbons, are non-polar.

Commercially, the majority of the Styrene is produced by the alkylation of Benzene with Ethylene. Ethylbenzene is formed as an intermediate which is further dehydrogenated to form Styrene. Another method for its production is via Ethylbenzene Hyperoxide, in which Styrene is produced as a coproduct by reacting Propylene Oxide (PO) within POSM (Propylene Oxide/Styrene Monomer) units.

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