Lucintel's latest market report analyzed that benzene provides attractive opportunities in the packaging, pharmaceutical, agriculture, construction, and textile markets. The benzene market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, ethylbenzene is the largest segment by derivative, whereas chemical intermediates is largest by application.

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Based on derivative, the benzene market is segmented into ethylbenzene, cumene, alkylbenzene, cyclohexane, nitrobenzene, and others. The ethylbenzene segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as they are used to create styrene and can be found naturally in coal tar and petroleum.

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The Benzene Market is marked by the presence of several big and small players. Some of the prominent players offering benzene include BASF, Chevron Philips Chemical Company, Exxon Mobil, LG Chem, ShellPLC, Dow, and Total S.A..

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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