The Global Aromatics Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
The global aromatics market size was USD 260.20 billion in 2022 and is expected to register a rapid revenue CAGR of 5.8% during the forecast period. Rising demand for aromatics from the automotive sector and paints & coatings industry and increasing need for aromatics rings in medicinal chemistry are key factors driving market revenue growth.
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Furthermore, the report provides a comprehensive analysis of the impact of the COVID-19 crisis on the market. It offers detailed insights into the impact of COVID-19 on the industry at a regional level and industry level. The report also covers the developments and government regulations related to COVID-19. The report further analyzes the current and future impact of COVID-19 on the global market and provides an insight into the post-COVID-19 situation.
Key Points of Aromatics Market:
- Extensive coverage of the analysis of the Aromatics Market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Aromatics Market
- Complete data about the key manufacturers and vendors in the Aromatics Market
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are Exxon Mobil Corporation, SABIC, Shell, Reliance Industries Limited, Dow, PTT Public Company Limited, Canada Colors and Chemicals Limited, LyondellBasell Industries Holdings B.V., Eastman Chemical Company, HCS Group GmbH, Celanese Corporation, and Honeywell International Inc
Key Objectives of the Report:
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Aromatics market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Aromatics market expected to boost the growth of the industry in the coming years.
Aromatics Market Segmentation:
Type Outlook (Revenue, USD Billion; 2019-2032)
- Styrene
- Xylene
- Benzene
- Para-xylene
- Others
Application Outlook (Revenue, USD Billion; 2019-2032)
- Textile Industry
- Plastic Industry
- Chemical Processing
- Others
End-use Outlook (Revenue, USD Billion; 2019-2032)
- Automotive
- Adhesives
- Pharmaceuticals
- Chemicals
- Aerospace
- Others
Regional Analysis of the Aromatics Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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Highlights of Table of Contents (TOC):
- Overview of Global Aromatics Market
- Competitive analysis of the Aromatics market
- Regional analysis of Global Aromatics market production and revenue
- Regional analysis of Global Aromatics market supply, consumption, and export & import
- Type-based market analysis of global Aromatics production, revenue, and price trends
- Application-based analysis of the global Aromatics market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Aromatics market
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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