Benzene Market & Its Derivatives

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MarketsandMarkets Presents

• Benzene Market Its Derivatives
• Trends and Forecasts to 2018

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• Benzene is an organic compound with molecular
  formula C6H6, which is among the most consumed
  petrochemicals used in the industry. It is an
  important feedstock to manufacture various
  chemicals that further serve diverse industries
  including building and construction, textile,
  electrical and electronics, and automotive.
• Main applications of the products in benzene
  market include the manufacturing of ethylbenzene,
  cyclohexane, cumene, nitrobenzene, and
  alkylbenzene. It is also utilized for
  manufacturing maleic anhydride and as a solvent.

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• http//www.marketsandmarkets.com/Market-Reports/be
  nzene-derivatives-market-162381860.html
• The benzene market has grown considerably during
  the past few years and is expected to grow at a
  considerable pace in the next five years, mainly
  driven by the growing demand in the Asia-Pacific
  region. The Asia-Pacific is the biggest consumer
  of benzene, followed by Europe and North America,
  which consumed more than 45.0 of the total
  demand in 2012. China is the biggest consumer in
  the global industry, and is also among the
  fastest growing markets with an estimated CAGR of
  about 4.8 from 2013 to 2018.

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• The overall demand is driven by the producers of
  ethylbenzene, cyclohexane, and cumene consuming
  almost 82.0 of the total demand in 2012. Cumene
  manufacturing segment is expected to be the
  strongest growth segment which is primarily
  driven by growing demand for phenol and acetone.
  The budding construction and automotive industry
  is pushing the demand for styrenic polymers,
  which, is driving the demand for ethylbenzene at
  a notable pace.

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