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).Scope of the Report:
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 worldwide market for Aromatic Compounds is expected to grow at a CAGR of roughly 7.5% over the next five years, will reach 203000 million US$ in 2026, from 131600 million US$ in 2020, according to a new Our study.
This report focuses on the Aromatic Compounds in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.Market Segment by Manufacturers, this report covers
China National Petroleum
JX Nippon Oil&Energy
LyondellBasellMarket Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Market Segment by Type, covers
OthersMarket Segment by Applications, can be divided into
OtherThe content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aromatic Compounds product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Aromatic Compounds, with price, sales, revenue and global market share of Aromatic Compounds in 2018 and 2019.
Chapter 3, the Aromatic Compounds competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aromatic Compounds breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Aromatic Compounds market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Aromatic Compounds sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.