Global Aromatics Market, By Type (Benzene, Toluene, O-Xylene, P-Xylene, Others), By Application (Solvent v/s Additive), By End User Industry (Paint & Coatings, Adhesives, Pharmaceuticals, Chemicals, Others), By Region, Competition, Forecast & Opportunities, 2025

Increasing use in paints and coatings coupled with rising demand from polyester manufacturers are driving consumption of aromatics across the globe. Asia Pacific is expected to continue its dominance in the global aromatics market due to growing chemicals, paints & coatings, and pharmaceutical sectors across the region. However, rising awareness among people for using plastic-free products and stringent government regulations are expected to hamper the growth of the global aromatics market over the next five years. Moreover, disruptions in entire supply chain due to COVID-19 pandemic is expected to result in decline in demand for aromatics from various end use applications during 2020. Nevertheless, the global aromatics market is projected to continue growing from 2021 onwards and surpass $ 76 billion by 2025.

By Type
Based on type, the aromatics are bifurcated into Benzene, Toluene, Para-Xylene, Ortho-Xylene and Others, of which, Para-Xylene holds the largest market share due to its high demand in fiber, films, and Polyethylene Terephthalate (PET) resin market. Para-Xylene segment is expected to witness a further increase in market share during the forecast period.

By Application
Demand for aromatic solvents in recent years has increased due to growing usage in automotive industry, which generates huge demand for adhesives & sealants to bond the vehicle parts in order to provide mechanical stiffness to the vehicle, thus avoids failing. These solvents produced through crude petroleum distillation in the oil refining industry are broadly used as corrosion inhibitors in oil and gas pipelines to perform fractional distillation, which avoids deterioration of inner walls of pipelines owing to high contents of carbon dioxide, hydrogen sulfide and other corrosive products. These factors will swell the aromatic solvents market size during the forecast timeframe.
Aromatics intermediates provide some of the basic building blocks of the modern petrochemical industry. Clothing, packaging, paints, adhesives, computers, compact discs, snow boards and tennis racquets are among the many products that rely on aromatics.

By End use
Based on end use, the market can be fragmented majorly into Chemicals, Paint & Coating, Adhesive and Pharmaceuticals. Chemicals end-use application segment continues to dominate the aromatics market, followed by Paints & Coatings, Pharmaceuticals, and Adhesives end use segments.

By Region
Region wise, Asia Pacific is likely to dominate the global aromatics market due to high consumption of Benzene and Para-Xylene across the region. Benzene is used to produce several intermediates that are used to create polymers, solvents, and detergents.

Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 20212025

Objective of the Study:
To analyze and forecast Global Aromatics market size.
To define, classify and forecast Global Aromatics market on the basis of Type, Application, End Use and Region.
To scrutinize the detailed market segmentation and forecast the market size, in terms of value, based on Type, Application, End Use, and Region
To analyze and forecast the market share for global aromatics market with respect to regions namely North America, South America, Asia Pacific, Europe and Middle East and Africa.
To get an idea about the consumer behavior towards challenges faced while purchasing aromatics, frequency of buying and evaluate major factors impacting the buying decision.
To strategically profile the leading players in the market

Global Aromatics market is dominated by these major players, namely DuPont de Nemours, Inc., Alpek S.A.B de C.V, BP PLC, China National Petroleum Corporation, ExxonMobil Corporation, Indorama Ventures, Reliance Industries Limited, Shell Chemicals Ltd., SABIC, Lyondell Basell and others
It performed both primary as well as exhaustive secondary research for this study. Initially, It sourced a list of major aromatics manufacturers and suppliers. Subsequently, It conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, It was able to include the manufacturers which could not be identified due to the limitations of secondary research. It analyzed the product offerings, and regional presence of all major aromatics suppliers across the globe.
It calculated the market size for global aromatics market using a bottom-up approach, where manufacturers value shares data for product segments was recorded and forecast for the future years. It sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as secondary sources directories, databases such as Company Annual Reports, World Bank, Industry Magazines, Industry Reports, News Dailies, Company Annual Reports, World Bank, Associations, Food and Agricultural Organizations, Industry Magazines, Industry Reports, News Dailies, Credible Paid Databases, Proprietary Database, etc. were also reviewed by the It.

Key Target Audience:
Global aromatics manufacturers, suppliers, distributors and other stakeholders
Major end-users of aromatics
Organizations, forums and alliances related to storage market
Government bodies such as regulating authorities and policy makers
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as aromatics manufacturers, distributors and dealers, customers and policy makers, about which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on the growth of the market segments.

Report Scope:
In this report, global aromatics market has been segmented into the following categories in addition to the industry trends which have also been detailed below:
Market, By Type:
o Benzene
o Toluene
o Para-Xylene
o Ortho-Xylene
o Others
Market, by Application:
o Solvents
o Intermediates
Market, By Region:
o Asia Pacific
o North America
o South America
o Middle East & Africa
o Europe
Market, By End Use:
o Chemicals
o Paint and Coatings
o Adhesives
o Pharmaceuticals
o Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global aromatics market.

Available Customizations:
With the given market data, It offers customizations according to a companys specific needs. The following customization options are available for the report:

Channel Partner Analysis
Detailed list of distributors and dealers across all major countries.

Company Information
Detailed analysis and profiling of additional market players (up to five). "

1. Product Overview
2. Research Methodology
3. Executive Summary
4. Global Aromatics Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value
4.2. Market Share & Forecast
4.2.1. By Type (Benzene, Toluene, O-Xylene, P-Xylene, Others)
4.2.2. By Application (Solvent v/s Additive)
4.2.3. By End User Industry (Paint & Coatings, Adhesives, Pharmaceuticals, Chemicals, Others)
4.2.4. By Region
4.2.5. By Company (2018)
4.3. Market Attractiveness Index
5. North America Aromatics Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type
5.2.2. By Application
5.2.3. By End User Industry
5.2.4. By Country (United States; Canada; Mexico and Rest of North America)
5.3. North America: Country Analysis
5.3.1. United States Aromatics Market Outlook
5.3.1.1. Market Size & Forecast
5.3.1.1.1. By Value
5.3.1.2. Market Share & Forecast
5.3.1.2.1. By Type
5.3.1.2.2. By Application
5.3.1.2.3. By End User Industry
5.3.2. Canada Aromatics Market Outlook
5.3.2.1. Market Size & Forecast
5.3.2.1.1. By Value
5.3.2.2. Market Share & Forecast
5.3.2.2.1. By Type
5.3.2.2.2. By Application
5.3.2.2.3. By End User Industry
5.3.3. Mexico Aromatics Market Outlook
5.3.3.1. Market Size & Forecast
5.3.3.1.1. By Value
5.3.3.2. Market Share & Forecast
5.3.3.2.1. By Type
5.3.3.2.2. By Application
5.3.3.2.3. By End User Industry
6. Europe Aromatics Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Application
6.2.3. By End User Industry
6.2.4. By Country (France; Germany; UK; Italy; Spain and Rest of Europe)
6.3. Europe: Country Analysis
6.3.1. France Aromatics Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type
6.3.1.2.2. By Application
6.3.1.2.3. By End User Industry
6.3.2. Germany Aromatics Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type
6.3.2.2.2. By Application
6.3.2.2.3. By End User Industry
6.3.3. United Kingdom Aromatics Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type
6.3.3.2.2. By Application
6.3.3.2.3. By End User Industry
6.3.4. Italy Aromatics Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Type
6.3.4.2.2. By Application
6.3.4.2.3. By End User Industry
6.3.5. Spain Aromatics Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Type
6.3.5.2.2. By Application
6.3.5.2.3. By End User Industry
7. Asia-Pacific Aromatics Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
7.2.3. By End User Industry
7.2.4. By Country (China; India; Japan; South Korea; Australia; and Rest of Asia Pacific)
7.3. Asia-Pacific: Country Analysis
7.3.1. China Aromatics Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type
7.3.1.2.2. By Application
7.3.1.2.3. By End User Industry
7.3.2. India Aromatics Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type
7.3.2.2.2. By Application
7.3.2.2.3. By End User Industry
7.3.3. Japan Aromatics Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type
7.3.3.2.2. By Application
7.3.3.2.3. By End User Industry
7.3.4. South Korea Aromatics Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Type
7.3.4.2.2. By Application
7.3.4.2.3. By End User Industry
7.3.5. Australia Aromatics Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Type
7.3.5.2.2. By Application
7.3.5.2.3. By End User Industry
8. Middle East and Africa Aromatics Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
8.2.3. By End User Industry
8.2.4. By Country (UAE; Saudi Arabia; South Africa and Rest of Middle East & Africa)
8.3. MEA: Country Analysis
8.3.1. South Africa Aromatics Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type
8.3.1.2.2. By Application
8.3.1.2.3. By End User Industry
8.3.2. Saudi Arabia Aromatics Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type
8.3.2.2.2. By Application
8.3.2.2.3. By End User Industry
8.3.3. UAE Aromatics Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type
8.3.3.2.2. By Application
8.3.3.2.3. By End User Industry
9. South America Aromatics Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
9.2.3. By End User Industry
9.2.4. By Country (Brazil; Argentina; Colombia; and Rest of South America)
9.3. South America: Country Analysis
9.3.1. Brazil Aromatics Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type
9.3.1.2.2. By Application
9.3.1.2.3. By End User Industry
9.3.2. Argentina Aromatics Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type
9.3.2.2.2. By Application
9.3.2.2.3. By End User Industry
9.3.3. Colombia Aromatics Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type
9.3.3.2.2. By Application
9.3.3.2.3. By End User Industry
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
12. Competitive Landscape
12.1. Competition Outlook
12.2. Company Profiles
12.2.1. DuPont de Nemours, Inc.
12.2.2. Alpek S.A.B de C.V
12.2.3. BP PLC
12.2.4. China National Petroleum Corporation
12.2.5. ExxonMobil Corporation
12.2.6. Indorama Ventures
12.2.7. Reliance Industries Limited
12.2.8. Shell Chemicals Ltd.
12.2.9. SABIC
12.2.10. Lyondell Basell
13. Strategic Recommendations

List Of Figures

Figure 1: Global Aromatics Market Size, By Value (USD Million), 2015-2025F
Figure 2: Global Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 3: Global Aromatics Market Share, By Type, 2015-2025F
Figure 4: Global Aromatics Market Share, By Application, 2015-2025F
Figure 5: Global Aromatics Market Share, By End-User Industry, 2015-2025F
Figure 6: Global Aromatics Market Share, By Company, 2015-2025F
Figure 7: Global Aromatics Market Share, By Region, 2015-2025F
Figure 8: Global Aromatics Market Attractiveness Index, By Type, By Volume, 2015-2025F
Figure 9: Global Aromatics Market Attractiveness Index, By Application, By Volume, 2015-2025F
Figure 10: Global Aromatics Market Attractiveness Index, By End User Industry, By Volume, 2015-2025F
Figure 11: Global Aromatics Market Attractiveness Index, By Region, By Volume, 2015-2025F
Figure 12: Asia Pacific Aromatics Market Size, By Value (USD Million), 2015-2025F
Figure 13: Asia Pacific Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 14: Asia Pacific Aromatics Market Share, By Type, 2015-2025F
Figure 15: Asia Pacific Modifier Market Share, By Application, 2015-2025F
Figure 16: Asia Pacific Aromatics Market Share, By End-User Industry, 2015-2025F
Figure 17: Asia Pacific Aromatics Market Share, By Country, 2015-2025F
Figure 18: China Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 19: China Aromatics Market Share, By Type, 2015-2025F
Figure 20: China Aromatics Market Share, By Application, 2015-2025F
Figure 21: China Aromatics Market Share, By End User Industry, 2015-2025F
Figure 22: India Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 23: India Aromatics Market Share, By Type, 2015-2025F
Figure 24: India Aromatics Market Share, By Application, 2015-2025F
Figure 25: India Aromatics Market Share, By End User Industry, 2015-2025F
Figure 26: Australia Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 27: Australia Aromatics Market Share, By Type, 2015-2025F
Figure 28: Australia Aromatics Market Share, By Application, 2015-2025F
Figure 29: Australia Aromatics Market Share, By End User Industry, 2015-2025F
Figure 30: Japan Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 31: Japan Aromatics Market Share, By Type, 2015-2025F
Figure 32: Japan Aromatics Market Share, By Application, 2015-2025F
Figure 33: Japan Aromatics Market Share, By End User Industry, 2015-2025F
Figure 34: South Korea Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 35: South Korea Aromatics Market Share, By Type, 2015-2025F
Figure 36: South Korea Aromatics Market Share, By Application, 2015-2025F
Figure 37: South Korea Aromatics Market Share, By End User Industry, 2015-2025F
Figure 38: Europe Aromatics Market Size, By Value (USD Million), 2015-2025F
Figure 39: Europe Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 40: Europe Aromatics Market Share, By Type, 2015-2025F
Figure 41: Europe Modifier Market Share, By Application, 2015-2025F
Figure 42: Europe Aromatics Market Share, By End-User, 2015-2025F
Figure 43: Europe Aromatics Market Share, By Country, 2015-2025F
Figure 44: France Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 45: France Aromatics Market Share, By Type, 2015-2025F
Figure 46: France Aromatics Market Share, By Application, 2015-2025F
Figure 47: France Aromatics Market Share, By End User Industry, 2015-2025F
Figure 48: Germany Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 49: Germany Aromatics Market Share, By Type, 2015-2025F
Figure 50: Germany Aromatics Market Share, By Application, 2015-2025F
Figure 51: Germany Aromatics Market Share, By End User Industry, 2015-2025F
Figure 52: United Kingdom Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 53: United Kingdom Aromatics Market Share, By Type, 2015-2025F
Figure 54: United Kingdom Aromatics Market Share, By Application, 2015-2025F
Figure 55: United Kingdom Aromatics Market Share, By End User Industry, 2015-2025F
Figure 56: Italy Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 57: Italy Aromatics Market Share, By Type, 2015-2025F
Figure 58: Italy Aromatics Market Share, By Application, 2015-2025F
Figure 59: Italy Aromatics Market Share, By End User Industry, 2015-2025F
Figure 60: Spain Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 61: Spain Aromatics Market Share, By Type, 2015-2025F
Figure 62: Spain Aromatics Market Share, By Application, 2015-2025F
Figure 63: Spain Aromatics Market Share, By End User Industry, 2015-2025F
Figure 64: North America Aromatics Market Size, By Value (USD Million), 2015-2025F
Figure 65: North America Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 66: North America Aromatics Market Share, By Type, 2015-2025F
Figure 67: North America Modifier Market Share, By Application, 2015-2025F
Figure 68: North America Aromatics Market Share, By End-User, 2015-2025F
Figure 69: North America Aromatics Market Share, By Country, 2015-2025F
Figure 70: United States Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 71: United States Aromatics Market Share, By Type, 2015-2025F
Figure 72: United States Aromatics Market Share, By Application, 2015-2025F
Figure 73: United States Aromatics Market Share, By End User Industry, 2015-2025F
Figure 74: Mexico Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 75: Mexico Aromatics Market Share, By Type, 2015-2025F
Figure 76: Mexico Aromatics Market Share, By Application, 2015-2025F
Figure 77: Mexico Aromatics Market Share, By End User Industry, 2015-2025F
Figure 78: Canada Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 79: Canada Aromatics Market Share, By Type, 2015-2025F
Figure 80: Canada Aromatics Market Share, By Application, 2015-2025F
Figure 81: Canada Aromatics Market Share, By End User Industry, 2015-2025F
Figure 82: South America Aromatics Market Size, By Value (USD Million), 2015-2025F
Figure 83: South America Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 84: South America Aromatics Market Share, By Type, 2015-2025F
Figure 85: South America Modifier Market Share, By Application, 2015-2025F
Figure 86: South America Aromatics Market Share, By End-User, 2015-2025F
Figure 87: South America Aromatics Market Share, By Country, 2015-2025F
Figure 88: Brazil Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 89: Brazil Aromatics Market Share, By Type, 2015-2025F
Figure 90: Brazil Aromatics Market Share, By Application, 2015-2025F
Figure 91: Brazil Aromatics Market Share, By End User Industry, 2015-2025F
Figure 92: Argentina Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 93: Argentina Aromatics Market Share, By Type, 2015-2025F
Figure 94: Argentina Aromatics Market Share, By Application, 2015-2025F
Figure 95: Argentina Aromatics Market Share, By End User Industry, 2015-2025F
Figure 96: Colombia Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 97: Colombia Aromatics Market Share, By Type, 2015-2025F
Figure 98: Colombia Aromatics Market Share, By Application, 2015-2025F
Figure 99: Colombia Aromatics Market Share, By End User Industry, 2015-2025F
Figure 100: Middle East and Africa Aromatics Market Size, By Value (USD Million), 2015-2025F
Figure 101: Middle East and Africa Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 102: Middle East and Africa Aromatics Market Share, By Type, 2015-2025F
Figure 103: Middle East and Africa Modifier Market Share, By Application, 2015-2025F
Figure 104: Middle East and Africa Aromatics Market Share, By End-User, 2015-2025F
Figure 105: Middle East and Africa Aromatics Market Share, By Country, 2015-2025F
Figure 106: South Africa Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 107: South Africa Aromatics Market Share, By Type, 2015-2025F
Figure 108: South Africa Aromatics Market Share, By Application, 2015-2025F
Figure 109: South Africa Aromatics Market Share, By End User Industry, 2015-2025F
Figure 110: Saudi Arabia Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 111: Saudi Arabia Aromatics Market Share, By Type, 2015-2025F
Figure 112: Saudi Arabia Aromatics Market Share, By Application, 2015-2025F
Figure 113: Saudi Arabia Aromatics Market Share, By End User Industry, 2015-2025F
Figure 114: UAE Aromatics Market Size, By Volume (000 Tons), 2015-2025F
Figure 115: UAE Aromatics Market Share, By Type, 2015-2025F
Figure 116: UAE Aromatics Market Share, By Application, 2015-2025F
Figure 117: UAE Aromatics Market Share, By End User Industry, 2015-2025F

Global Instant Fat Powder Market Research Report 2021-2025

Instant fat powders are used in the food processing industry to enhance the texture and taste of food products. In the context of China-US trade war and COVID-19 epidemic, it

USD 3200 View Report

Global Copper Coated Films Market Research Report 2021-2025

Copper coated films can be designed for various conductive layer thicknesses to cater to the conductivity requirement of different applications. In the context of China-US trade war and COVID-19 epidemic,

USD 3200 View Report

COVID-19 Outbreak-Global Aromatics (BTX) Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020

The Aromatics (BTX) market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.Under COVID-19 outbreak globally, this

USD 3660 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available