Global Aromatic Compounds Market Growth 2024-2030

Publication ID:

LPI01244201

Publication Date:

January 4, 2024

Pages:

133

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Chemicals) [2]

Chemicals [3]

Description:

The global Aromatic Compounds market size was valued at US$ 174.1 million in 2023. With growing demand in downstream market, the Aromatic Compounds is forecast to a readjusted size of US$ 296.2 million by 2030 with a CAGR of 7.9% during review period.
The research report highlights the growth potential of the global Aromatic Compounds market. Aromatic Compounds are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Aromatic Compounds. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Aromatic Compounds market.
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).
Global Aromatic Compounds key players include Sinopec, ExxonMobile, Total S.A., China National Petroleum, etc. Global top four manufacturers hold a share nearly 25%.
Asia Pacific (Ex. China) is the largest market, with a share about 40%, followed by China, and North America, both have a share over 30 percent.
In terms of product, Xylenes is the largest segment, with a share over 40%. And in terms of application, the largest application is Organic Chemical, followed by Solvent, Additive, etc.
Key Features:
The report on Aromatic Compounds market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Aromatic Compounds market. It may include historical data, market segmentation by Type (e.g., Benzene, Toluene), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Aromatic Compounds market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Aromatic Compounds market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Aromatic Compounds industry. This include advancements in Aromatic Compounds technology, Aromatic Compounds new entrants, Aromatic Compounds new investment, and other innovations that are shaping the future of Aromatic Compounds.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Aromatic Compounds market. It includes factors influencing customer ' purchasing decisions, preferences for Aromatic Compounds product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Aromatic Compounds market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Aromatic Compounds market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Aromatic Compounds market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Aromatic Compounds industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Aromatic Compounds market.
Market Segmentation:
Aromatic Compounds market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Benzene
Toluene
Xylenes
PAH
Others
Segmentation by application
Solvent
Additive
Organic Chemical
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aromatic Compounds market?
What factors are driving Aromatic Compounds market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aromatic Compounds market opportunities vary by end market size?
How does Aromatic Compounds break out type, application?

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Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Aromatic Compounds Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Aromatic Compounds by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Aromatic Compounds by Country/Region, 2019, 2023 & 2030
2.2 Aromatic Compounds Segment by Type
2.2.1 Benzene
2.2.2 Toluene
2.2.3 Xylenes
2.2.4 PAH
2.2.5 Others
2.3 Aromatic Compounds Sales by Type
2.3.1 Global Aromatic Compounds Sales Market Share by Type (2019-2024)
2.3.2 Global Aromatic Compounds Revenue and Market Share by Type (2019-2024)
2.3.3 Global Aromatic Compounds Sale Price by Type (2019-2024)
2.4 Aromatic Compounds Segment by Application
2.4.1 Solvent
2.4.2 Additive
2.4.3 Organic Chemical
2.4.4 Other
2.5 Aromatic Compounds Sales by Application
2.5.1 Global Aromatic Compounds Sale Market Share by Application (2019-2024)
2.5.2 Global Aromatic Compounds Revenue and Market Share by Application (2019-2024)
2.5.3 Global Aromatic Compounds Sale Price by Application (2019-2024)
3 Global Aromatic Compounds by Company
3.1 Global Aromatic Compounds Breakdown Data by Company
3.1.1 Global Aromatic Compounds Annual Sales by Company (2019-2024)
3.1.2 Global Aromatic Compounds Sales Market Share by Company (2019-2024)
3.2 Global Aromatic Compounds Annual Revenue by Company (2019-2024)
3.2.1 Global Aromatic Compounds Revenue by Company (2019-2024)
3.2.2 Global Aromatic Compounds Revenue Market Share by Company (2019-2024)
3.3 Global Aromatic Compounds Sale Price by Company
3.4 Key Manufacturers Aromatic Compounds Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Aromatic Compounds Product Location Distribution
3.4.2 Players Aromatic Compounds Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Aromatic Compounds by Geographic Region
4.1 World Historic Aromatic Compounds Market Size by Geographic Region (2019-2024)
4.1.1 Global Aromatic Compounds Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Aromatic Compounds Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Aromatic Compounds Market Size by Country/Region (2019-2024)
4.2.1 Global Aromatic Compounds Annual Sales by Country/Region (2019-2024)
4.2.2 Global Aromatic Compounds Annual Revenue by Country/Region (2019-2024)
4.3 Americas Aromatic Compounds Sales Growth
4.4 APAC Aromatic Compounds Sales Growth
4.5 Europe Aromatic Compounds Sales Growth
4.6 Middle East & Africa Aromatic Compounds Sales Growth
5 Americas
5.1 Americas Aromatic Compounds Sales by Country
5.1.1 Americas Aromatic Compounds Sales by Country (2019-2024)
5.1.2 Americas Aromatic Compounds Revenue by Country (2019-2024)
5.2 Americas Aromatic Compounds Sales by Type
5.3 Americas Aromatic Compounds Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Aromatic Compounds Sales by Region
6.1.1 APAC Aromatic Compounds Sales by Region (2019-2024)
6.1.2 APAC Aromatic Compounds Revenue by Region (2019-2024)
6.2 APAC Aromatic Compounds Sales by Type
6.3 APAC Aromatic Compounds Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Aromatic Compounds by Country
7.1.1 Europe Aromatic Compounds Sales by Country (2019-2024)
7.1.2 Europe Aromatic Compounds Revenue by Country (2019-2024)
7.2 Europe Aromatic Compounds Sales by Type
7.3 Europe Aromatic Compounds Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Aromatic Compounds by Country
8.1.1 Middle East & Africa Aromatic Compounds Sales by Country (2019-2024)
8.1.2 Middle East & Africa Aromatic Compounds Revenue by Country (2019-2024)
8.2 Middle East & Africa Aromatic Compounds Sales by Type
8.3 Middle East & Africa Aromatic Compounds Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Aromatic Compounds
10.3 Manufacturing Process Analysis of Aromatic Compounds
10.4 Industry Chain Structure of Aromatic Compounds
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Aromatic Compounds Distributors
11.3 Aromatic Compounds Customer
12 World Forecast Review for Aromatic Compounds by Geographic Region
12.1 Global Aromatic Compounds Market Size Forecast by Region
12.1.1 Global Aromatic Compounds Forecast by Region (2025-2030)
12.1.2 Global Aromatic Compounds Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Aromatic Compounds Forecast by Type
12.7 Global Aromatic Compounds Forecast by Application
13 Key Players Analysis
13.1 Sinopec
13.1.1 Sinopec Company Information
13.1.2 Sinopec Aromatic Compounds Product Portfolios and Specifications
13.1.3 Sinopec Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Sinopec Main Business Overview
13.1.5 Sinopec Latest Developments
13.2 ExxonMobile
13.2.1 ExxonMobile Company Information
13.2.2 ExxonMobile Aromatic Compounds Product Portfolios and Specifications
13.2.3 ExxonMobile Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 ExxonMobile Main Business Overview
13.2.5 ExxonMobile Latest Developments
13.3 Total S.A.
13.3.1 Total S.A. Company Information
13.3.2 Total S.A. Aromatic Compounds Product Portfolios and Specifications
13.3.3 Total S.A. Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Total S.A. Main Business Overview
13.3.5 Total S.A. Latest Developments
13.4 China National Petroleum
13.4.1 China National Petroleum Company Information
13.4.2 China National Petroleum Aromatic Compounds Product Portfolios and Specifications
13.4.3 China National Petroleum Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 China National Petroleum Main Business Overview
13.4.5 China National Petroleum Latest Developments
13.5 BP Chemicals
13.5.1 BP Chemicals Company Information
13.5.2 BP Chemicals Aromatic Compounds Product Portfolios and Specifications
13.5.3 BP Chemicals Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 BP Chemicals Main Business Overview
13.5.5 BP Chemicals Latest Developments
13.6 Shell
13.6.1 Shell Company Information
13.6.2 Shell Aromatic Compounds Product Portfolios and Specifications
13.6.3 Shell Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Shell Main Business Overview
13.6.5 Shell Latest Developments
13.7 Reliance Industries
13.7.1 Reliance Industries Company Information
13.7.2 Reliance Industries Aromatic Compounds Product Portfolios and Specifications
13.7.3 Reliance Industries Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Reliance Industries Main Business Overview
13.7.5 Reliance Industries Latest Developments
13.8 SK
13.8.1 SK Company Information
13.8.2 SK Aromatic Compounds Product Portfolios and Specifications
13.8.3 SK Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 SK Main Business Overview
13.8.5 SK Latest Developments
13.9 Koch
13.9.1 Koch Company Information
13.9.2 Koch Aromatic Compounds Product Portfolios and Specifications
13.9.3 Koch Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Koch Main Business Overview
13.9.5 Koch Latest Developments
13.10 Formosa Plastics
13.10.1 Formosa Plastics Company Information
13.10.2 Formosa Plastics Aromatic Compounds Product Portfolios and Specifications
13.10.3 Formosa Plastics Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Formosa Plastics Main Business Overview
13.10.5 Formosa Plastics Latest Developments
13.11 JX Nippon Oil&Energy
13.11.1 JX Nippon Oil&Energy Company Information
13.11.2 JX Nippon Oil&Energy Aromatic Compounds Product Portfolios and Specifications
13.11.3 JX Nippon Oil&Energy Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 JX Nippon Oil&Energy Main Business Overview
13.11.5 JX Nippon Oil&Energy Latest Developments
13.12 INEOS Group
13.12.1 INEOS Group Company Information
13.12.2 INEOS Group Aromatic Compounds Product Portfolios and Specifications
13.12.3 INEOS Group Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 INEOS Group Main Business Overview
13.12.5 INEOS Group Latest Developments
13.13 ConocoPhillips
13.13.1 ConocoPhillips Company Information
13.13.2 ConocoPhillips Aromatic Compounds Product Portfolios and Specifications
13.13.3 ConocoPhillips Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 ConocoPhillips Main Business Overview
13.13.5 ConocoPhillips Latest Developments
13.14 SABIC
13.14.1 SABIC Company Information
13.14.2 SABIC Aromatic Compounds Product Portfolios and Specifications
13.14.3 SABIC Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 SABIC Main Business Overview
13.14.5 SABIC Latest Developments
13.15 LyondellBasell
13.15.1 LyondellBasell Company Information
13.15.2 LyondellBasell Aromatic Compounds Product Portfolios and Specifications
13.15.3 LyondellBasell Aromatic Compounds Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 LyondellBasell Main Business Overview
13.15.5 LyondellBasell Latest Developments
14 Research Findings and Conclusion

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