On the basis of regional analysis, the benzene market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
Asia Pacific industry is predicted to dominate majority revenue share by 2036, led by presence of several end user industries, such as electronics and home appliances, packaging and construction and others in nations such as China, India and ASEAN countries. Moreover, the rise in manufacturing facilities over the years supported by lower labor costs in the region, especially China, is also anticipated to contribute towards the growing demand for several industrial raw materials.
Author Credits: Rajrani Baghel
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