Aromatic Compounds Market : Key companies Profile Shell Chemicals, Exxon Mobil Corporation and Total along with others such as CB&I, Honeywell International Inc., Reliance Industries Limited, INEOS, Chevron Phillips Chemical Company

Aromatic compounds industry is substances that consist of one or more rings that contain alternating single and double bonds in its chemical structure. In real life, many aromatic compounds have an odor, however, there are some compounds that are chemically aromatic, but do not have a distinct smell.

This Global Aromatic Compounds Market report considers various factors that have direct or indirect effect on the growth of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the Chemical and Materials industry. This wide-ranging Global Aromatic Compounds Market research report proves to be a backbone for the success of business in any niche.

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Global Aromatic Compounds Market is expected to reach 168,733.35 Thousand Tons by 2025 from 122,012.03 Thousand Tons in 2017, at a CAGR of 4.3% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The major factors driving the growth of this market are the increased demand of aromatic compounds in gasoline, crude oil or petroleum industry, increased usage of benzene and toluene in pharmaceuticals and growth in detergent industry. On the other hand, imposition of regulations on aromatic compounds and alternatives of aromatic compounds may hinder the growth of the market.

Key Points: Global Aromatic Compounds Market

China Petrochemical Corporation is going to dominate the aromatic compounds market following with Shell Chemicals, Exxon Mobil Corporation and Total along with others such as CB&I, Honeywell International Inc., Reliance Industries Limited, INEOS, Chevron Phillips Chemical Company, Toray Industries, Inc., The Dow Chemical Company, Caltex Corporation, LyondellBasell Industries Holdings B.V., and Saudi Basic Industries Corporation among others.

• Xylene market is growing with the highest CAGR
• Reformate are driving the market with highest market share
• p- xylene segment is dominating the aromatic compounds market

TABLE OF CONTENTS GLOBAL AROMATIC COMPOUNDS MARKET

1. INTRODUCTION
2. MARKET SEGMENTATION
3. MARKET OVERVIEW
4. EXECUTIVE SUMMARY

5. PREMIUM INSIGHTS
6. GLOBAL AROMATIC COMPOUNDS MARKET, BY SOURCE
7. GLOBAL AROMATIC COMPOUNDS MARKET, BY TYPE
8. GLOBAL AROMATIC COMPOUNDS MARKET, BY END USE

9. GLOBAL AROMATIC COMPOUNDS MARKET, BY GEOGRAPHY
10. GLOBAL AROMATIC COMPOUNDS MARKET, COMPANY LANDSCAPE
11. COMPANY PROFILE
12. RELATED REPORTS

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Market Segmentation: Global Aromatic Compounds Market

• The global aromatic compounds market is segmented based on source into three notable segments; reformate, pyrolysis gasoline and coke oven light oil. The aromatic compounds market is dominated by reformate with 69.7% market share in 2017, growing at the highest CAGR of 4.5% in the forecast period.

• The global aromatic compounds market is segmented based on type into three notable segments; benzene, xylene and toluene. Benzene is further segmented into its derivative as ethylbenzene, cumene, cyclohexane, chlorobenzene and alkyl benzene. Xylene is further segmented into its derivative as p-xylene, m-xylene and o-xylene. Toluene is further segmented into its derivative as solvents, toluene di isocyanate and others.

• The global aromatic compounds market is segmented based on end use into three notable segments; benzene end use, xylene end use and toluene end use. Benzene end use is sub segmented into detergent and dyes, automobile, packaging, pharmaceuticals and cosmetics, medical devices electronic and household goods and others. Xylene end use is sub segmented into packaging, clothing, paint and coatings, tyres, PVC pipes and cables and others. Toluene end use is sub segmented into gasoline, tyres, pharmaceuticals and cosmetics, household goods, paint and coatings and others.

Key Drivers: Global Aromatic Compounds Market

Some of the major factors driving the market for global aromatic compounds are increased demand of aromatic compounds in gasoline, crude oil or petroleum industry, increased usage of benzene and toluene in pharmaceuticals and growth in detergent industry.
• Imposition of regulations on aromatic compounds and alternatives of aromatic compounds are the factor which may hinder the growth of this market.
• End number of applications will drive the market in future.

Features of the Report

1. Detailed overview of parent market
2. Changing market dynamics of the industry
3. Strategies of key players and product offerings
4. Drivers and restrains of the market
5. Key developments in the market

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