Argus Benzene Analytics Report July 2024

This document is an Argus report that provides a data-driven evaluation of supply-demand fundamentals forecasts for butadiene markets, published biannually. It includes a comprehensive 10-year forecast and a five-year historical analysis of balances and capacities, organized by country and region. The report features insights from North America and Northeast Asia, detailing key aspects such as new plant capacities, growth rates in relevant markets, and regulatory developments. It also discusses the dynamics of benzene production, highlighting that most benzene produced in 2023 was derived from refineries, which will continue to be the primary source of supply growth over the next decade. The report outlines the trends in capacity closures and expansions in various regions, emphasizing the impact of economic factors on benzene supply and demand. Additionally, it includes downloadable datasets with detailed information on supply, demand, capacities, and trade balances, providing valuable resources for subscribers.