Brazil Benzene Market Size & Outlook, 2022-2030

The benzene market in Brazil is expected to reach a projected revenue of US$ 827.9 million by 2030. A compound annual growth rate of 3.5% is expected of Brazil benzene market from 2023 to 2030.
Revenue, 2022 (US$M)
$630.4
Forecast, 2030 (US$M)
$827.9
CAGR, 2023 - 2030
3.5%
Report Coverage
Brazil

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Brazil benzene market, 2018-2030 (US$M)

Brazil benzene market, 2018-2030 (US$M)

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Brazil benzene market highlights

  • The Brazil benzene market generated a revenue of USD 630.4 million in 2022 and is expected to reach USD 827.9 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
  • In terms of segment, ethyl benzene was the largest revenue generating additives in 2022.
  • Ethyl benzene is the most lucrative additives segment registering the fastest growth during the forecast period.


Benzene market data book summary

Market revenue in 2022USD 630.4 million
Market revenue in 2030USD 827.9 million
Growth rate3.5% (CAGR from 2023 to 2030)
Largest segmentEthyl benzene
Fastest growing segmentEthyl benzene
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhenol/cumene, Cyclohexane, Nitrobenzene, Alkyl benzene, Ethyl benzene
Key market players worldwideDow Inc, INEOS, LyondellBasell Industries NV Class A, Basf SE, Shell PLC, Reliance Industries Ltd GDR - 144A, Chevron Corp, China Petroleum & Chemical Corp Class H, Marathon Petroleum Corp, LG Chem


Other key industry trends

  • In terms of revenue, Brazil accounted for 1.0% of the global benzene market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil benzene market is projected to lead the regional market in terms of revenue in 2030.
  • Colombia is the fastest growing regional market in Latin America and is projected to reach USD 170.4 million by 2030.

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Benzene Market Scope

Benzene market segmentation & scope
Polyethylene
Polypropylene
Propylene oxide
Acrylonitrile
Solvents
TDI
Formaldehyde
Gasoline
Acetic Acid
MTBE
Dimethyl Ether
MTO/MTP
Monomers
Acrylic acid
Isopropanol
SB Rubber
Butadiene rubber
ABS
SB latex
Ethylene Oxide
EDC
Others

Benzene Market Companies

Name Profile # Employees HQ Website
Marathon Petroleum Corp View profile 18200 539 South Main Street, Findlay, OH, United States, 45840-3229 https://www.marathonpetroleum.com
China Petroleum & Chemical Corp Class H View profile 368450 No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, China, People's Republic of, 100728 http://www.sinopec.com
Reliance Industries Ltd GDR - 144A View profile 389414 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, India, 400021 https://www.ril.com
INEOS View profile 10001+ Rolle, Geneve, Switzerland, Europe http://www.ineos.com/
Shell PLC View profile 100000 Shell Centre, London, United Kingdom, SE1 7NA https://www.shell.com
LG Chem View profile 10001+ Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.lgchem.com
Chevron Corp View profile 45600 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 https://www.chevron.com
LyondellBasell Industries NV Class A View profile 20000 One Vine Street, 4th Floor, London, United Kingdom, W1J0AH https://www.lyondellbasell.com
Dow Inc View profile 35900 2211 H.H. Dow Way, Midland, MI, United States, 48674 https://www.dow.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Brazil benzene market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to benzene market will help companies and investors design strategic landscapes.


Ethyl benzene was the largest segment with a revenue share of 9.07% in 2022. Horizon Databook has segmented the Brazil benzene market based on phenol/cumene, cyclohexane, nitrobenzene, alkyl benzene, ethyl benzene covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Brazil benzene market databook

  • Our clientele includes a mix of benzene market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil benzene market , including forecasts for subscribers. This country databook contains high-level insights into Brazil benzene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil benzene market size, by additives, 2018-2030 (US$M)

Brazil Benzene Market Outlook Share, 2022 & 2030 (US$M)

Brazil benzene market size, by additives, 2018-2030 (US$M)

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