The report offers detailed coverage of Aromatic Compounds industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Aromatic Compounds by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Aromatic compounds, also known as arenes or aromatics, are chemicalcompounds that contain conjugated planar ring systems with delocalizedpi electron clouds instead of discrete alternating single and double bonds. Typical aromatic compounds are benzene and toluene. An aromatic compound is any compound that contains a benzene ring or has certain benzene-like properties (but not necessarily a strong aroma).
Currently, there are many producing companies in the world Aromatic Compounds industry, especially in Asia and North America regions. The main market players are Sinopec, ExxonMobile,
Total S.A., China National Petroleum, BP Chemicals, Shell, Reliance Industries, SK, Koch, Formosa Plastics, JX Nippon Oil&Energy, INEOS Group, ConocoPhillios, SABIC, LyondellBasell etc. The sale of Aromatic Compounds is about 133040 K MT in 2015.
Asia Pacific (Ex.china) region is the largest supplier of Aromatic Compounds, with a production market share nearly 34.21% and sales market share nearly 29.49% in 2015. That is to say, there will be exports in Asia Pacific (Ex.china) region, while Asia Pacific (Ex.china) region also is the largest consumption region.
The second place is North America, with the production market share of 18.78% and the sales market share over 21.10%. Europe is another important market of Aromatic Compounds, enjoying 14.60% production market share and 17.58% sales market share.
Aromatic Compounds is used in Solvent, Additive, and Organic Chemical Raw material areas. Report data showed that 30.67% of the Aromatic Compounds market demand in Solvent, 16.87% in Additive, and 48.33% in Organic Chemical Raw material in 2015.
There are mainly four kinds of Aromatic Compounds, which are Benzene, Toluene, Xylenes, PAH. The production market shares are 34.23%, 18.65%, 33.74% and 6.41% in 2015.
Briefly speaking, in the next few years, Aromatic Compounds industry will still be a highly energetic industry. Sales of Aromatic Compounds have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
The report forecast global Aromatic Compounds market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Aromatic Compounds market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Sinopec
ExxonMobile
Total S.A.
China National Petroleum
BP Chemicals
Shell
Reliance Industries
SK
Koch
Formosa Plastics
JX Nippon Oil&Energy
INEOS Group
ConocoPhillips
SABIC
LyondellBasell
At the same time, we classify Aromatic Compounds according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Benzene
Toluene
Xylenes
PAH
Others
Market by Application
Solvent
Additive
Organic Chemical
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Aromatic Compounds market for the forecast period 2021 - 2025?
• What are the driving forces in the Aromatic Compounds market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Aromatic Compounds industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?