Benzene Market Size

Benzene Market size was over USD 48.21 billion in 2023 and is anticipated to cross USD 104.1 billion by 2036, growing at more than 6.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of benzene is estimated at USD 50.56 billion.

The market is thriving on the back of growing applications for benzene derivatives driven by the growing end-user industries around the globe, which includes packaging, construction, bulk chemicals and materials, textiles, automotive and several others. Additionally, rising exports of benzene around the globe on the back of increasing demand for benzene by end user organizations is also anticipated to contribute towards the growth of the market.