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 global Aromatic Compounds market was 131600 million US$ in 2018 and is expected to 236400 million US$ by the end of 2025, growing at a CAGR of 7.6% between 2019 and 2025.
This report studies the Aromatic Compounds market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Aromatic Compounds in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
China National Petroleum
JX Nippon Oil&Energy
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Aromatic Compounds market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Aromatic Compounds market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Aromatic Compounds manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Aromatic Compounds with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Aromatic Compounds submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Aromatic Compounds are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Aromatic Compounds market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Aromatic Compounds market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table of Contents
Table of Contents
1 Aromatic Compounds Market Overview
1.1 Aromatic Compounds Product Overview
1.2 Aromatic Compounds Market Segment by Type
1.3 Global Aromatic Compounds Market Size by Type
1.3.1 Global Aromatic Compounds Sales and Growth by Type
1.3.2 Global Aromatic Compounds Sales and Market Share by Type (2014-2019)
1.3.3 Global Aromatic Compounds Revenue and Market Share by Type (2014-2019)
1.3.4 Global Aromatic Compounds Price by Type (2014-2019)
2 Global Aromatic Compounds Market Competition by Company
2.1 Global Aromatic Compounds Sales and Market Share by Company (2014-2019)
2.2 Global Aromatic Compounds Revenue and Share by Company (2014-2019)
2.3 Global Aromatic Compounds Price by Company (2014-2019)
2.4 Global Top Players Aromatic Compounds Manufacturing Base Distribution, Sales Area, Product Types
2.5 Aromatic Compounds Market Competitive Situation and Trends