Global Aromatic Compounds Market Forecast to 2025 – Increased Demand of Aromatic Compounds in Gasoline – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The "Global
Aromatic Compounds Market Analysis, Companies Profiles, Size, Share,
Growth, Trends and Forecast to 2025" report has been added to ResearchAndMarkets.com's
offering.
The report provides data for 2016 to 2025, 2017 being the current year
while 2018 to 2025 is the forecast period for the report.
Global aromatic compounds market is expected to reach USD 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 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.
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. The aromatic
compounds market is dominated by xylene with 50.78% market share in
2017, growing at the highest CAGR of 4.8% in the forecast period.
Key Players
- China Petrochemical Corporation
- Shell Chemicals
- Exxon Mobil Corporation
- Total
- 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.
- SABIC
Key Topics Covered
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 Profiles
For more information about this report visit https://www.researchandmarkets.com/research/v2wzlw/global_aromatic?w=4
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Chemicals