The benzene toluene xylene market consists of three petrochemical compounds namely benzene, toluene, and xylene. These three aromatic hydrocarbons are crucial feedstocks used in various petrochemical applications including as solvents in adhesives, paints, dyes, etc. They also have applications as gasoline additives and other industrial uses. The global benzene toluene xylene market demand is...
Benzene, toluene and xylene, commonly referred to as BTX, are aromatic hydrocarbons obtained during crude oil refining and gasoline production processes. BTX finds wide applications in various end-use industries including petroleum, polymers, coatings and pharmaceuticals. Within the petroleum industry, BTX is a critical component in gasoline blending to increase octane rating. It is also used...
The global Benzene Toluene Xylene Market is estimated to be valued at US$ 6.99 Bn in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights....