Benzene (C?H?) is a colorless or light-yellow chemical that has a sweet odor and is highly flammable. It is a petrochemical product that evaporates quickly when exposed to air and has several subsidiaries, including nitrobenzene, alkyl benzene, ethyl benzene, aniline, cumene, cyclohexane, chlorobenzene, and phenol. It is primarily used in the pharmaceutical and chemical industries as an intermediate, solvent, and starting material in synthesizing numerous chemicals. It is produced by both man-made and natural processes. Benzene is naturally produced using crude oil and gas emissions from forest fires and volcanoes. It is also used widely for de-caffeinating coffee and degreasing metals; however, less toxic chemicals are now replacing the compound in these applications. Currently, benzene is witnessing extensive demand across the consumer goods, electrical & electronics, transportation, construction, and medical sectors.
The increasing oil and gas exploration activities and the fueling demand for polyester fiber are some of the primary factors bolstering the market growth across the globe. In line with this, rapid urbanization and the rising use of benzene in cleaning products are accelerating the market growth. Besides this, the surging use of benzene derivatives in the automobile industry to produce synthetic rubber and the burgeoning demand for rubber processing chemicals and nylon resins are providing an impetus to the market growth. In the packaging industry, the increasing use of polystyrene for its superior durability, flexibility, lightweight, and moisture-resistant properties is driving the global market growth. Moreover, the rising utilization of insulation materials in construction activities and the incorporation of benzene derivatives to produce paints and lacquers are creating a positive outlook for the market. Other factors, such as the surging use of benzene to produce surfactants, inflating consumer expenditure power, and increasing demand for thinners and furniture wax, are positively contributing to the market growth.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the benzene manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the benzene industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the benzene industry.
The following technical and economic aspects are included in the report:
Impact of COVID-19
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Land and Construction Costs
Key Questions Answered in This Report?
What are the various unit operations involved in manufacturing benzene?
What are the raw material requirements and costs in manufacturing benzene?
What are the utility requirements and costs in manufacturing benzene?
What are the manpower requirements and costs in manufacturing benzene?
What are the packaging requirements and costs in manufacturing benzene?
What are the transportation requirements and costs in manufacturing benzene?
What are the land requirements and costs in manufacturing benzene?
What are the construction requirements and costs in manufacturing benzene?
What are the profit margins in benzene?
What should be the pricing mechanism of benzene?
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2 Scope and Methodology
2.1 Objectives of the Study
2.3 Research Methodology
3 Executive Summary
4 Global Benzene Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Benzene Price Trends
4.7.2 Product Margins
5 Benzene Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
188.8.131.52 Plant Machinery Costs
184.108.40.206 Auxiliary Equipment Cost
220.127.116.11 Electrical Works and Piping Costs
18.104.22.168 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Benzene Market: Major Drivers and Challenges
Figure 2: Global: Benzene Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Benzene Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Benzene Market: Breakup by Segment (in %), 2021
Figure 5: Global: Benzene Market: Breakup by Region (in %), 2021
Figure 6: Benzene: Price Trends, 2016 & 2021
Figure 7: Benzene: Margins Across Various Stages of the Supply Chain
Figure 8: Benzene: Breakup of Costs
Figure 9: Benzene Price Structure
Figure 10: Benzene: Manufacturing Process Flow
Figure 11: Benzene: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Benzene: Raw Material Price Trends, 2016 & 2021
List of Tables
Table 1: Benzene Manufacturing: Raw Material Requirements
Table 2: Benzene Manufacturing: Raw Material Costs
Table 3: Benzene Manufacturing: Electricity Costs
Table 4: Benzene Manufacturing: Steam Costs
Table 5: Benzene Manufacturing: Process Water Costs
Table 6: Benzene Manufacturing: Total Utility Costs
Table 7: Benzene Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Benzene Manufacturing: Packaging Costs
Table 9: Benzene Manufacturing: Transportation Costs
Table 10: Benzene Manufacturing: Sales and Administration Costs
Table 11: Benzene Manufacturing: Total Operating Costs
Table 12: Benzene Manufacturing: Costs Related to Land and Site Development
Table 13: Benzene Manufacturing: Costs Related to Civil Works
Table 14: Benzene Manufacturing: Costs Related to Plant Machinery
Table 15: Benzene Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Benzene Manufacturing: Costs Related to Electrical works and Piping
Table 17: Benzene Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Benzene Manufacturing: Working Capital Requirements
Table 19: Benzene Manufacturing: Total Capital Investment Required
Table 20: Benzene Manufacturing: Total Production Cost
Table 21: Benzene Manufacturing: Raw Material Suppliers
Table 22: Benzene Manufacturing: Machinery Suppliers