The global Benzene Market is anticipated to reach USD 111.1 billion by 2026 according to a new study published by Polaris Market Research.
Benzene is an aromatic hydrocarbon and a commodity petrochemical product. It is produced as by-product in stream crackers and refineries, thus its supply and demand is driven by other products derived from it. Benzene is a basic chemical and a building block for many other chemical synthesis of the global chemical and petrochemical value chain.
Benzene is used in a broad range of economic sectors such as electrical & electronics, construction, consumer products, transportation, and medical. This petrochemical product has many derivatives such as ethyl benzene, nitrobenzene, cumene, cyclohexane, alkyl benzene, chlorobenzene, aniline, and phenol.
The rapidly growing industries such as packaging, construction, bulk chemicals & materials, automotive, textiles and building & construction have substantially driven the applications for the benzene derivatives globally influencing the benzene market growth. Rising population in tandem with the increase in disposable incomes has led to growth of many consumer products and bulk materials. Low cost of the feedstock and economical commodity product prices have also contributed to the higher consumption of benzene derivatives.
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Benzene is a petrochemical derivative and thus is subjected to price volatility. The fluctuations in the prices of crude oil directly affect the prices of the by-products derived from its hydrocarbon stream in refineries. The benzene industry is highly regulated in terms of policy frameworks as benzene is a toxic chemical where its highlevel exposure can lead to serious environmental implications.
Asia Pacific is the largest regional market for the benzene market due to high consumption in China. Despite a gradually slowing economy, China has witnessed all the additional benzene requirements in the past five years (2012-2017). The consumption has shifted from North America and Western Europe towards Asia and Middle East over the past decade.
The diverse needs of a growing middle class in China, significant expansion in refinery capacities, large-scale p-xylene plants to feed the downstream petrochemical sector has majorly driven the benzene demand in the country. However, the performance of the China’s economy in the near future is expected to be a vital driver for benzene consumption. Albeit a slower pace, additional benzene capacities are expected to be on-stream by 2021, but just for the production of ethylene.
Complete Summary with TOC Available @ https://www.polarismarketresearch.com/industry-analysis/benzene-market
The global benzene market comprises of large number of international and domestic producers. Global benzene industry has witnessed a shift in competitive landscape towards closer proximity of the refineries. Some of the major benzene market players include Sinopec, BASF, China National Petroleum Corporation, Saudi Basic Industries Corporation, Dow DuPont, ExxonMobil Corporation, and Royal Dutch Shell plc.
- Benzene Market Size and Forecast by Derivative, 2018-2026
- Ethyl Benzene
- Cumene
- Cyclohexane
- Nitro Benzene
- Others
- Benzene Market Size and Forecast by Regions, 2018-2026
- North America
- US.
- Canada
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
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The global Benzene Market is anticipated to reach USD 111.1 billion by 2026 according to a new study published by Polaris Market Research.
It is produced as by-product in stream crackers and refineries, thus its supply and demand is driven by other products derived from it.
Benzene is a basic chemical and a building block for many other chemical synthesis of the global chemical and petrochemical value chain.
Benzene is used in a broad range of economic sectors such as electrical & electronics, construction, consumer products, transportation, and medical.
This petrochemical product has many derivatives such as ethyl benzene, nitrobenzene, cumene, cyclohexane, alkyl benzene, chlorobenzene, aniline, and phenol.
Complete Summary with TOC Available @ https://www.polarismarketresearch.com/industry-analysis/benzene-market The global benzene market comprises of large number of international and domestic producers.
[194 Pages Report] The dental digital X-ray market is projected to reach $3,290.6 million by 2020, from $2,154.0 million by 2015, at a CAGR of 8.8%, during the forecast period.Factors such as technological advancements, rapidly growing geriatric population, ability of digital systems to reduce diagnosis time and provide improved image quality, growing adoption of cone-beam computed tomography (CBCT), increase in dental disorders, and the growing demand for cosmetic dentistry are propelling the market of dental digital X-ray during the forecast period.Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102002511Major Market Growth Drivers: Browse and in-depth TOC on "Dental Digital X-ray Market " 174 – Tables 46 – Figures 194 – Pages Hybrid X-ray systems are expected to register the highest CAGRBased on type, the market of dental digital X-ray is segmented into intraoral X-ray systems, extraoral X-ray systems, and hybrid X-ray systems.
Hybrid X-ray systems are expected to register the highest CAGR owing to advantages of hybrid systems such as minimum exposure to radiation, lower price of these systems as compared to high-end digital panoramic/cephalometric units, and technological advancements and rapid digitization in dentistry.
Request a Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=102002511North America dominated the market, followed by EuropeNorth America dominated the Dental Digital X-ray Market, followed by Europe.
However, the market in Asia is expected to register the highest CAGR during the forecast period.
The growth in the geriatric population, focus of emerging and leading market players to expand in developing Asian markets, rise in disposable incomes, less stringent regulatory guidelines, improving healthcare infrastructure, and growth in medical tourism in this region are primary growth drivers in Asia.To speak to our analyst for a discussion on the above findings, click Speak to AnalystKey Market Players: The key players operating in the global Dental Digital X-ray Market are Danaher Corporation (U.S.), Carestream Health, Inc. (U.S.), Sirona Dental Systems, Inc. (U.S.), Planmeca Oy (Finland), Vatech Co. Ltd. (South Korea), LED Medical Diagnostics (Canada), The Yoshida Dental MFG.Co.
Ltd. (Japan), Midmark Corporation (U.S.), Air Techniques, Inc. (U.S.), and Cefla s.c. (Italy)
The new report by Expert Market Research titled, ‘Global Cellulose Gel Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global cellulose gel market, assessing the market based on its segments like grades, applications, and major regions.
The sample report shall be delivered to you within 24 hours.The key highlights of the report include:Market Overview (2015-2025)• Forecast CAGR (2020-2025): 6.5%• Forecast Market Size (2025): USD 1.39 billionThe significant growth of the cellulose gel market in the forecast period can be attributed to the rising awareness towards leading a healthy lifestyle and the rising demand for plant-based products in the developing economies of the world.
Further, the rising consumption of baked goods and confectioneries, especially in regions like North America and Europe, which bolsters the global demand for cellulose gel.Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/cellulose-gel-marketIndustry Definition and SegmentationCellulose gel, also known as microcrystalline cellulose (MCC), is a food ingredient and a stabilising agent consisting of small particles of purified cellulose.
Purified cellulose is abundant on earth.
It is used in the food and beverage industry in various recipes in order to reduce the calorie content and add fibres to the diet.On the basis of grade, the market is bifurcated into:• Food Grade• IndustrialBy application, the industry is categorised into:• Food and Beverage• Cosmetics and Personal Care• Pharmaceuticals• Industrial• OthersThe regional markets of the product are segmented into:1 North America1.1 United States of America1.2 Canada2 Europe2.1 Germany2.2 United Kingdom2.3 France2.4 Italy2.5 Others3 Asia Pacific3.1 China3.2 Japan3.3 India3.4 ASEAN3.5 Others4 Latin America4.1 Brazil4.2 Argentina4.3 Mexico4.4 Others5 Middle East & Africa5.1 Saudi Arabia5.2 United Arab Emirates5.3 Nigeria5.4 South Africa5.5 OthersMarket TrendsThe significant rise of cellulose gel in the forecast period is because of the growing demand for vegan products in the food and beverage industry.
It is added in products such as bakery, beverages, ice cream, confectionery, and sauces, among others, to deliver a premium texture.
Global Biocides Market was valued at US$ 7.139 Bn in 2020 and is estimated to reach US$ 10.532 Bn by 2026 growing at a CAGR of 4.98% during the forecast.The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors.
Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments.
The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Global Biocides MarketThe upsurge in the usage of biocides in the water treatment and agriculture industry as pesticides and insecticides and awareness regarding consumption of clean water are the key factors driving the growth of the global biocides market.
However, environmental issues related to the emission of halogenated biocides, such as endocrine disruptions and carcinogenic properties, have caused the making of stringent norms, regulations, and protocols, especially on the use of chlorine and bromine in the water treatment industry.The halogen-based segment is leading the biocides market followed by metallic biocides.
The halogen-based segment growth is driven due to its less cost and high efficiency.
They are utilized in a wide spectrum of applications, and relatively low occurrence of resistance.
