CATEGORY

Benzene, Toluene and Xylene (Aromatics)

Aromatics chain (Benzene, Toluene and Xylene) is produced during naphtha cracking and is used as a strong solvent in key products that go into automobile, construction, soaps & detergents and packaging segments. Given that there are no substitutes for aromatics in its key enduse segments, changing feedstock dynamics that has reduced the availability of aromaticsin the Western markets is a key issue that the industry is facing.

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    Benzene, Toluene and Xylene (Aromatics) Suppliers


    Benzene, Toluene and Xylene (Aromatics) Supplier

    Find the right-fit benzene, toluene and xylene (aromatics) supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    BASF SE
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.


    Creditsafe Rating


    D/2

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    A 71 - 100

    Very Low Risk

    B 51 - 70

    Low Risk

    C 30 - 50

    Moderate Risk

    D 21 - 29

    High Risk

    E 0 - 20

    Not Rated


    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    59

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    60
    Social
    59
    Governance
    57
    6 Domains Performance (/100)
    Business behaviour
    62
    Human rights
    68
    Community Environment
    42
    Corporate governance
    60
    Human resources
    61
    Security Scorecard
    82

    Threat indicators
    B
    83
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    62
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    80
    Application Security
    Detecting common website application vulnerbilities
    B
    81
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    85
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    94
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    basf.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    17
    Workforce Health Safety Issues
    0
    Product Service Issues
    22
    Human Rights Issues
    3
    Production Supply Chain Issues
    35
    Environmental Non Compliance Flags
    74
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    21
    Fraud Issues
    8
    Labor Health Safety Flags
    12
    Regulatory Issues
    13
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    49
    Discrimination Workforce Rights Issues
    3
    esg controversies critical severity
    Yes

    Benzene, Toluene and Xylene (Aromatics) market frequently asked questions


    The aromatics market is expected to reach a size of $173 billion by 2022.

    The major players in the xylene market are North America (17%), EU (18%), Asia (50%), and other countries (15%).

    The benzene demand is expected to see a rise till 2022. A major part of the demand is expected to come from Asia because of a rise in automobile and construction activities. The change of feedstock in western markets is causing lesser yield of benzene and which is leading to lesser output of aromatics in the US and the EU.

    The xylene market is expected to grow at a CAGR of 4-5% between the period by 2022.

    Some of the key demand drivers for the aromatics market are the emergence of derivatives, phenol and styrene, to be used in the automobile and construction industries.

    Benzene, Toluene and Xylene (Aromatics) market report transcript


    Global Market Outlook on Benzene

    • The global market is expected to grow at a CAGR of 4–5 percent during 2017–2022: The impetus for this growth comes from demand in Asia, which is expected to grow at 6–7 percent, due to increased automobile and construction activities
    • Feedstock change in the western markets to yield less benzene: Lesser yield from lighter feedstock will continue to reduce the output of aromatics in the US and the EU, thus making the regions increasingly import dependent. This demand from the western markets will be met by surplus capacity additions, planned in the Middle East and Asia through 2022

    market-trend-benzene-toluene-xylene

    Demand Market Outlook: Aromatics

    • Downstream capacity additions planned in Asia: Major demand for aromatics is expected to come from the Asian region, since most of the derivative units (styrene, phenol, PET, and gasoline) are lined up in Asia. The automobile (4–5 percent growth) and construction sectors (5–6 percent growth) would be the key segments driving the demand. Around 1.5 MMT capacity additions planned for styrene in Asia and the Middle East would also contribute to benzene's demand growth

    Industry Best Practices

    • In the US and the EU, buyers engage in contracts with small producers to ensure a seamless supply, whereas in Asia, most of the players prefer spot market purchase, due to surplus supply of aromatics
    • Spot buying is preferred in Asia: Due to surplus supply and low feedstock cost, buyers look for domestic market condition and buy spot volume ranging between 5,000 and 15,000 MT from the spot market
    • The US and the EU engage in contract buying: Buyers engage in two-year contracts with small-scale producers to secure supply, and the prices are revised once in three months

    Global Market Size: Benzene

    • Downstream segments to drive the demand for benzene: The global benzene market is expected to grow at a CAGR of 4.42 percent, mainly driven by increased demand from derivatives, styrene, and cumene segments. One of the key growth contributors for the global benzene market is the increase in demand from the polyester industry, where styrene monomer is used for manufacturing textiles
    • Key end-use industries, such as automobiles, construction, and personal care, are likely to witness high growth rates in Asia during 2017–2022

     Global Capacity–Demand Analysis

    • Shift to lighter feedstock in the US is likely to increase the import dependence on the Asian market
    • Asia will continue to have surplus availability of benzene over the next five years
    • Global demand will be driven by downstream chemical products phenol, styrene, cumene, and aniline

    Market Outlook

    • Decreasing gasoline production to impact domestic benzene supply: Declining gasoline production and switching to lighter feedstock, especially in the US, are expected to pull down the benzene production
    • On-purpose benzene production depends on conversion margins: Voluntary production of benzene using toluene depends on the margins between toluene and benzene. Firm gasoline-blending demand for toluene is expected to keep the margins unattractive in the western market, whereas in Asia, it is expected to remain healthy
    • Capacity additions planned in the Middle East and Asia: Major refinery expansion planned in the Middle East and Asia is expected to increase the availability of benzene for the export market