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Once the markets have closed, the Last Price will show an 's' after the price, indicating the price has settled for the day.         2.4.2    Top-Down Approach Overall supply remained ample with buyers unhurried, while stocks in eastern Chinese shore tanks rose to more than 270,000 tonnes. Given the global dynamics of this market, price volatility is a regular feature. Figure 24: Global: Benzene (Maleic Anhydride) Market Forecast: Sales Value (in Million US$), 2020-2025         9.5.2    Market Forecast     13.5    Threat of New Entrants Figure 55: Latin America: Benzene Market: Sales Value (in Million US$), 2014 & 2019 Chinese import demand remained tepid amid elevated stocks. Figure 17: Global: Benzene (Cyclohexane) Market: Sales Value (in Million US$), 2014 & 2019 Benzene is used primarily as a raw material in the synthesis of styrene (polystyrene plastics and synthetic rubber). Figure 51: North America: Benzene Market: Sales Value (in Million US$), 2014 & 2019 In addition, kerosene, a petrochemical derivative, is the key raw materials used in producing LAB. Find out more about the ICIS Supply and Demand Window. Figure 28: Global: Benzene (Pyrolysis Steam Cracking of Naphtha) Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 36: Global: Benzene (From Biomass) Market Forecast: Sales Value (in Million US$), 2020-2025 Consumption by application 7.2. The European benzene market has been mostly stable since the beginning of April, despite volatility in the crude oil complex and increased offtake from downstream consumers. Get info of suppliers, manufacturers, exporters, traders of Benzene for buying in India. 10    Trade Data  Supplies lengthened during Q3 as weak market fundamentals from the pandemic continued from previous quarters.         6.7.1    Market Trends         7.5.2    Market Forecast Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. 3    Executive Summary     8.1    Plastics  Global benzene market is expected to rise to an estimated value of USD 111.1 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Figure 39: Global: Benzene (Resins) Market: Sales Value (in Million US$), 2014 & 2019 Figure 21: Global: Benzene (Linear Alkylbenzene) Market: Sales Value (in Million US$), 2014 & 2019 Global Benzene Market to Grow at 4% during 2019-2024, Fostered by Rising Demand for Benzene Derivatives *As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the … Find here online price details of companies selling Benzene.         8.3.2    Market Forecast     4.2    Properties                       9.5.1.1.1   Brazil     5.3    Impact of COVID-19 Download Now. Looking for affordable benzene market price? $910.56. Figure 12: Global: Benzene Industry: Porter’s Five Forces Analysis The page will always show prices from the latest session of the market. Benzene prices and reports, market news and analysis, charts and historical stats Table 2: Benzene: Chemical Properties         7.2.1    Market Trends Benzene Market 2020-2024: Scope.         6.3.2    Market Forecast Figure 14: Global: Benzene (Ethylbenzene) Market Forecast: Sales Value (in Million US$), 2020-2025 The flourishing paints and coatings industry (PCI) is another major growth-inducing factor as it incorporates benzene derivatives in the manufacturing of paints and lacquers.     7.1    Pyrolysis Steam Cracking of Naphtha  Some players in Asia might idle smaller aromatics units because reducing rates further will be difficult. Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.         8.2.1    Market Trends     9.1    Asia Pacific Figure 18: Global: Benzene (Cyclohexane) Market Forecast: Sales Value (in Million US$), 2020-2025         7.3.1    Market Trends BTX (benzene, toluene & xylene) market is forecast to reach USD 274.78 billion by 2027, according to a new report by Reports and Data.            9.2.1.1  Major Markets Get latest benzene prices, offer prices, market trends in India and company price lists.     10.2    Export Breakup By Country          6.2.1    Market Trends     6.3    Cyclohexane  The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.         9.3.1    Market Trends Benzene is used to make a number of other chemical intermediates such as alkylbenzene used in detergents, maleic anhydride(unsaturated polyester resins) and chlorobenzenes (engineering polymers). An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets.     13.6    Threat of Substitutes Downstream US styrene outages have depressed benzene prices whilst at the same time fuel blending demand has raised Prices for Toluene to $2.95-3.08/gal. Benzene prices tumble but downstream remained firm. Key factor driving the market studied are increasing demand for styrene polymers from various end-user industries such as textile, packaging, building & construction, etc. 7.1. We offer the following regional Benzene analysis and news coverage to keep you informed of factors and developments affecting prices in the China Benzene marketplace.. Price reporting.            9.1.1.1  Major Markets This vibrant and varied digital event will provide a platform for business-critical conversations and expert insights to help you navigate through these exceptional times. 1    Preface You can control cookies through your browser settings. 9    Market Breakup by Region What is the structure of the global benzene industry and who are the key players?         6.1.1    Market Trends Table 6: Global: Benzene Market Forecast: Breakup by Application (in Million US$), 2020-2025         7.5.1    Market Trends What are the various stages in the value chain of the global benzene industry? The market dynamics of BTX is further governed by technological developments and governmental policies. The global economy was decelerating, sustainability pressures were continuing to grow, production capacity was starting up, and tighter fuel regulations were due to come into force in 2020. Figure 49: Europe: Benzene Market: Sales Value (in Million US$), 2014 & 2019 What is the degree of competition in the global benzene industry. The second largest outlet for benzene is cumene which is nearly all consumed in phenol production with acetone formed as a coproduct. What is the breakup of the market based on the manufacturing process? Reference price of Benzene is 645.013USD/MT, down 0.37% from 647.386USD/MT on 2020-12-29. Figure 35: Global: Benzene (From Biomass) Market: Sales Value (in Million US$), 2014 & 2019 ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. Downstream US styrene outages have depressed benzene prices whilst at the same time fuel blending demand has raised Prices for Toluene to $2.95-3.08/gal. Spot trade was largely inactive in southeast Asia.         6.6.1    Market Trends 15    Competitive Landscape Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively. Figure 9: Global: Benzene Market: Export Breakup by Country (in %), 2019 Major raw materials used in manufacturing the product are kerosene and benzene.         2.3.1    Primary Sources Figure 40: Global: Benzene (Resins) Market Forecast: Sales Value (in Million US$), 2020-2025 Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. Figure 8: Global: Benzene Market: Imports Breakup by Country  (in %), 2019 Stay updated on the latest Benzene, Toluene and Xylene Market price trends, industry outlook and top suppliers with this comprehensive report from Beroe. ( India: +91-120-433-0800 ). $891.30. Figure 53: Middle East and Africa: Benzene Market: Sales Value (in Million US$), 2014 & 2019 Figure 25: Global: Benzene (Other Derivatives) Market: Sales Value (in Million US$), 2014 & 2019 The third largest outlet for benzene is cyclohexane (CX) which finds its way primarily into the nylon chain via caprolactam and adipic acid.     2.3    Data Sources     13.4    Degree of Competition ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries.         9.5.1    Market Trends This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the benzene industry in any manner. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments. on year, INSIGHT: Mexico mulls tougher import permits for fossil Intratec provides Benzene pricing data, covering 13 years of historical prices and forecasts. The price fall was on the back of weaker upstream energy values coupled with dull regional demand trends. Figure 50: Europe: Benzene Market Forecast: Sales Value (in Million US$), 2020-2025 Some new plants came onstream in China, but this was offset by turnarounds in the region, resulting in largely stable supply. It is formed as a by-product of the oil refining process and can also be found in crude oil, gasoline and cigarette smoke. By Rising demand for benzene in India create tailored analytical models to extensive data for more than 4 % the... Expand at a CAGR of 4.5 % during 2014-2019 grow your business in China in was. As we recognise the importance of individual market dynamics and not a one-size-fits-all.! 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