Press release
Aromatics Manufacturing Market 2018: Global Snapshot Analysis to 2022
Global aromatics manufacturing market growth outlook is positive with significant growth potential for aromatics manufacturing market in emerging countries. Rapid economic growth in in emerging markets, and increasing demand for end user industries such as plastics and refrigeration is driving the aromatics market.
The market for aromatics reached a value of nearly $REDACTED billion in 2017 and is expected to grow at a compound annual growth rate (CAGR) of REDACTED% to nearly $REDACTED billion by 2020.
The market for aromatics is fragmented with a large number of players. Major players in the market are BP Plc., PetroChina Company Limited, Royal Dutch Shell plc., Exxon Mobil Corporation, Alpek S.A.B de C.V, DowDuPont Inc. and others. Xylene accounted for the largest share of the market for aromatics manufacturing market in 2017 at REDACTED%. The highest growth is projected to come from MDI segment which is forecasted to grow at a CAGR of REDACTED%. Major factors included increasing demand forrefrigerators and freezers globally which use polyurethane foams.
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Asia-Pacific is the largest market for aromatics manufacturing market, accounting for REDACTED% of the global market. It was followed by North America and Western Europe. Going forward, Asia-Pacific is expectedto witness the fastest growth in the aromatics manufacturing market, estimated at grow at a CAGR of REDACTED%, followed by Middle-East, which is expected to grow at a CAGR of REDACTED%.
China is the largest market in terms of value and in the aromatics manufacturing market. China and India are forecasted to have the fastest growth, growing at a CAGR of REDACTED% and REDACTED%, respectively.
The market is challenged by restraints such as use of alternatives, interest rate increases and rising trade protectionism.
Report Scope
This research report categorizes the aromatics manufacturing market by type, including benzene, xylene, paraxylene, acetone, TDI, phenol, toluene, styrene, PTA, MDI.
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Report Includes
- 97 data tables
- Country specific data and analysis for China, India, Japan, Australia, UK, Germany, France, Italy, Spain, Russia, USA and Brazil
- Comprehensive discussion of where the state-of-the-art is in aromatics manufacturing market and forecast the future commercial potential for the key market segments
- Coverage of major trends shaping the aromatics manufacturing market including, Production of Aromatics from Biomass and Increased Use of Bio-based Paraxylene
- Information about the role of IoT, data analytics and social media in the aromatics manufacturing industry
- Detailed description of Major players in the market, including BP Plc., PetroChina Company Limited, Royal Dutch Shell plc., Exxon Mobil Corporation, Alpek S.A.B de C.V, DowDuPont Inc.
Companies Mentioned:
ALPEK S.A.B DE C.V
BP PLC
EXXON MOBIL CORP.
PETROCHINA COMPANY LTD.
ROYAL DUTCH SHELL PLC
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Table of Content
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Aromatics Manufacturing Market Overview
Chapter 4 PESTLE Analysis
Chapter 5 Aromatics Manufacturing Market Customer Information
Chapter 6 Global Aromatics Manufacturing Market Comparison with Macro Economic Factors
Chapter 7 Aromatics Manufacturing Market Regional and Country Analysis
Chapter 8 Asia-Pacific Aromatics Manufacturing Market
Chapter 9 Western Europe Aromatics Manufacturing Market
Chapter 10 Eastern Europe Aromatics Manufacturing Market
Chapter 11 North America Aromatics Manufacturing Market
Chapter 12 South America Aromatics Manufacturing Market
Chapter 13 Middle East Aromatics Manufacturing Market
Chapter 14 Africa Aromatics Manufacturing Market
Chapter 15 Aromatics Manufacturing Market Competitive Landscape
Chapter 16 Key Mergers and Acquisitions in the Aromatics Manufacturing Market
Chapter 17 Appendix
Chapter 18 References
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