Benzene Market Size, Share | Global Industry Report, 2030

Chemanalyst10 Apr, 2023News

According to ChemAnalyst report, ?Global Benzene Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030?, global Benzene market has shown considerable growth in historic period and is anticipated to achieve a CAGR of 2.9% during the forecast period. As the demand of Benzene is rapidly increasing for the production of aromatics from petrochemicals industry is likely to propel the benzene market in upcoming years. Due to the increased urbanization, the demand of benzene for consumer products such as furniture wax, thinners, detergents, industrial solvents, paints and others have also increased. The production of benzene is highly associated with safety standards on human health as well as environment which further enhances the compliance standards.