|Industrial Uses||Plastics, Resins, Synthetic fibres, Rubber lubricants, Dyes, Detergents, Drugs and pesticides|
|Supplier Database||Shell Chemicals, Reliance Industries Limited, Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical), China Petroleum & Chemical Corporation (Sinopec Corp.), SynQuest Laboratories (Central Glass Co., LTD.)|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Benzene Prices: https://www.procurementresource.com/resource-center/benzene-price-trends/pricerequest
As an aromatic chemical, benzene is the most basic organic hydrocarbon. Benzene is a naturally occurring component of crude oil and has a smell similar to gasoline. It’s melting and boiling points are 5.5 °C and 80.1 °C, respectively. Benzene is colourless and extremely combustible in nature. The chemical formula of benzene is C6H6.
China, the USA, Saudi Arabia, and the Netherlands are among the top benzene importers in the world, while Korea, India, and Germany are among the top benzene exporters.
Key Details About the Benzene Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Benzene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Benzene price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Benzene Price Trend:
Benzene is frequently utilised as a solvent in a variety of sectors, particularly in the production phases of products like rubber and tyres. Due to its characteristics, benzene is utilised to produce gasoline and other unrefined petroleum products (crude oil). It is also a powerful adhesive that is used in heavy machinery as well as for the soles of shoes and other footwear. Additionally, it is used to make detergents and dyes.
Key Market Players:
• Shell Chemicals
• Reliance Industries Limited
• Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical)
• China Petroleum & Chemical Corporation (Sinopec Corp.)
• SynQuest Laboratories (Central Glass Co., LTD.)
News and Events:
• September 26, 2022: The market is predicted to experience a large rise at a notable rate between 2022 and 2028, which is expected to be a robust period for deuterated benzene.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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