in this issue
Markets :: Basic Chemicals :: Petrochemicals :: Benzene
Study: Slow Growth Expected for Benzene
2:31 PM MST | February 27, 2012 | Lindsey Bewley
Global demand for benzene totaled about 42 million m.t. in 2011 and is forecast to grow about 3%/year through 2016, to nearly 50 million m.t., according to a new report by IHS Chemical. Ethylbenzene, styrene, cumene, phenol and cyclohexane will continue to consume more than 80% of the benzene produced in the coming years, and will have a combined annual growth rate of 3.5%, IHS says. “The benzene market bottomed out in 2009 during the recession, with demand falling to 71% of global operating rates,” says Simon Moorhouse, global director of...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee