Key Insights
The global aromatics market, valued at approximately $XX million in 2025, is projected to experience robust growth, exceeding a 3% CAGR through 2033. This expansion is driven primarily by the burgeoning demand from downstream industries such as plastics, fibers, and rubber. The increasing production of polyethylene terephthalate (PET) for packaging and the growing automotive sector, requiring high-performance polymers, are significant contributors to market growth. Furthermore, technological advancements leading to improved production efficiencies and the development of more sustainable aromatics production methods are fueling this expansion. Ethylbenzene, cumene, and alkylbenzene derivatives dominate the market due to their extensive use in various applications. However, stricter environmental regulations concerning emissions and waste management pose a challenge to the industry, requiring companies to adopt cleaner production technologies and invest in sustainable practices. The Asia-Pacific region, particularly China and India, holds a substantial market share, driven by rapid industrialization and rising consumer demand. North America and Europe also contribute significantly, albeit with a comparatively slower growth rate due to maturity in their respective markets. Major players like Marathon Petroleum, Shell, ExxonMobil, and BASF are actively involved in optimizing their production capabilities and expanding their product portfolios to cater to the evolving market demands.
The competitive landscape is marked by consolidation among large players, with strategic mergers and acquisitions being frequent occurrences. This trend, along with ongoing research and development efforts focused on enhancing product quality and efficiency, will shape the future of the aromatics industry. While challenges related to fluctuating crude oil prices and environmental concerns persist, the overall market outlook remains positive, promising continued growth fueled by the sustained demand from diverse end-use sectors. The increasing adoption of bio-based aromatics as a more sustainable alternative also presents significant opportunities for market participants. Growth in developing economies will continue to drive demand, offsetting the slower growth in mature markets.

Aromatics Industry Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the Aromatics Industry, encompassing market dynamics, growth trends, regional insights, and key player strategies from 2019 to 2033. With a focus on parent markets (Petrochemicals) and child markets (Ethylbenzene, Cumene, Alkylbenzene, etc.), this report is an essential resource for industry professionals, investors, and strategic decision-makers. The study period covers 2019-2033, with 2025 as the base and estimated year.
Aromatics Industry Market Dynamics & Structure
The global aromatics market, valued at xx Million units in 2024, is characterized by moderate concentration, with a few major players holding significant market share. Technological innovation, particularly in process efficiency and product diversification, is a key driver. Stringent environmental regulations are shaping production methods, pushing companies towards sustainable practices. Competitive substitutes, such as bio-based aromatics, are emerging, although their market penetration remains limited. End-user industries, including plastics, fibers, and rubber, significantly influence demand. Mergers and acquisitions (M&A) activity has been substantial, with major players strategically expanding their footprint.
- Market Concentration: Highly concentrated, with top 10 players holding approximately xx% market share in 2024.
- Technological Innovation: Focus on improving catalyst efficiency, reducing energy consumption, and developing advanced materials.
- Regulatory Framework: Stringent emission standards and environmental regulations are driving technological advancements and influencing production costs.
- Competitive Substitutes: Bio-based aromatics pose a long-term threat, but their current market share is relatively small (xx%).
- End-User Demographics: Demand is primarily driven by the plastics, fibers, and rubber industries, with automotive and construction sectors also contributing significantly.
- M&A Trends: Significant M&A activity observed, particularly in Asia, aiming to expand production capacity and market access. xx major deals in the last 5 years with a total value of xx Million units.
Aromatics Industry Growth Trends & Insights
The global aromatics market is projected to witness robust growth throughout the forecast period (2025-2033). Driven by increasing demand from downstream industries and expanding applications in various sectors, the market is expected to achieve a Compound Annual Growth Rate (CAGR) of xx% from 2025 to 2033, reaching a projected value of xx Million units by 2033. This growth is fueled by several factors, including rapid industrialization in developing economies, technological advancements leading to improved product performance, and increasing adoption of aromatics-based products across diverse applications. Consumer preference shifts towards durable and high-performance materials also contribute positively to market growth. Technological disruptions, such as the emergence of advanced polymerization techniques, are further enhancing market dynamics. The increasing use of aromatics in high-value applications like specialty chemicals and advanced materials is another key growth driver. However, fluctuating crude oil prices and potential supply chain disruptions remain challenges.

Dominant Regions, Countries, or Segments in Aromatics Industry
Asia-Pacific, particularly China, dominates the global aromatics market, driven by robust economic growth, expanding industrial capacity, and increasing downstream demand. The region accounts for approximately xx% of the global market share in 2024. Within the derivative segments, Ethylbenzene and Cumene hold the largest market shares, driven by their extensive applications in the production of styrene and phenol, respectively. The growth in these segments is further propelled by government incentives, investments in petrochemical infrastructure, and increasing demand from diverse end-use sectors such as packaging, automotive, and construction.
Key Drivers (Asia-Pacific):
- Rapid industrialization and urbanization.
- Substantial investments in petrochemical infrastructure.
- Favorable government policies supporting industrial growth.
- Increasing consumer demand for products using aromatics.
Ethylbenzene and Cumene Dominance: High demand from styrene and phenol production, respectively; wide applications across various industries.
Aromatics Industry Product Landscape
The aromatics product landscape is characterized by continuous innovation, with a focus on developing high-performance materials with enhanced properties like improved thermal stability, superior strength, and better resistance to chemicals. New applications are constantly emerging, extending beyond traditional uses in polymers to encompass specialized materials for electronics, healthcare, and aerospace. Technological advancements are primarily centered around improving catalyst efficiency and developing more sustainable production processes. Key selling propositions include cost-effectiveness, performance enhancement, and environmentally friendly production methods.
Key Drivers, Barriers & Challenges in Aromatics Industry
Key Drivers:
- Rising demand from downstream industries.
- Technological advancements in production processes.
- Growing applications in diverse sectors.
- Favorable government policies in key regions.
Key Challenges:
- Fluctuating crude oil prices impacting production costs.
- Stringent environmental regulations requiring substantial investments in compliance.
- Intense competition among major players.
- Potential supply chain disruptions due to geopolitical uncertainties. (Estimated impact on market growth: xx% in 2024)
Emerging Opportunities in Aromatics Industry
- Expanding into high-growth regions with increasing demand.
- Developing sustainable and bio-based aromatics.
- Leveraging advanced technologies to improve product efficiency and reduce environmental impact.
- Exploring new applications in specialized industries such as advanced materials and electronics.
Growth Accelerators in the Aromatics Industry
Technological breakthroughs in catalyst design and process optimization are significantly accelerating growth. Strategic partnerships between major players are enhancing supply chain efficiency and market access. Expansion into emerging markets with strong industrial growth potential is another key accelerator, further enhancing the market outlook.
Key Players Shaping the Aromatics Industry Market
- Marathon Petroleum Company
- Shell PLC
- Exxon Mobil Corporation
- Braskem
- Chevron Phillips Chemical Company LLC
- INEOS
- Mitsubishi Chemical Corporation
- Reliance Industries Limited
- China Petroleum & Chemical Corporation
- BASF SE
- SABIC
- LG Chem
- Eastman Chemical Company
- Maruzen Petrochemical
- LyondellBasell Industries Holdings BV
- Flint Hills Resources
- SIBUR
- Hengyi Industries Sdn Bhd
Notable Milestones in Aromatics Industry Sector
- July 2022: INEOS acquires a 50% stake in Shanghai SECCO Petrochemical Company Limited, significantly expanding its presence in the Chinese aromatics market and gaining access to a substantial production capacity of 4.2 MMT of petrochemicals. This milestone highlights the ongoing consolidation within the industry and the strategic importance of the Chinese market.
In-Depth Aromatics Industry Market Outlook
The aromatics market is poised for sustained growth, driven by the factors mentioned earlier. Strategic opportunities lie in developing sustainable production methods, expanding into high-growth markets, and diversifying product applications into emerging sectors like advanced materials and renewable energy. Continued technological innovation, particularly in catalyst development and process optimization, will further enhance market potential, leading to a larger and more sustainable aromatics industry in the coming years.
Aromatics Industry Segmentation
-
1. Derivative
- 1.1. Ethylbenzene
- 1.2. Cumene
- 1.3. Alkylbenzene
- 1.4. Cyclohexane
- 1.5. Nitrobenzene
- 1.6. Other De
Aromatics Industry Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. Rest of Asia Pacific
-
2. North America
- 2.1. United States
- 2.2. Canada
- 2.3. Mexico
-
3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. Italy
- 3.4. France
- 3.5. Russia
- 3.6. Rest of Europe
-
4. South America
- 4.1. Brazil
- 4.2. Argentina
- 4.3. Rest of South America
-
5. Middle East and Africa
- 5.1. Saudi Arabia
- 5.2. South Africa
- 5.3. Rest of Middle East and Africa

Aromatics Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 3.00% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand for Styrene Polymers from Various End-user Industries; Other Drivers
- 3.3. Market Restrains
- 3.3.1. Detrimental Effects of Benzene Exposure; Other Restraints
- 3.4. Market Trends
- 3.4.1. Increasing Demand for Ethylbenzene
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Derivative
- 5.1.1. Ethylbenzene
- 5.1.2. Cumene
- 5.1.3. Alkylbenzene
- 5.1.4. Cyclohexane
- 5.1.5. Nitrobenzene
- 5.1.6. Other De
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1. Asia Pacific
- 5.2.2. North America
- 5.2.3. Europe
- 5.2.4. South America
- 5.2.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Derivative
- 6. Asia Pacific Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Derivative
- 6.1.1. Ethylbenzene
- 6.1.2. Cumene
- 6.1.3. Alkylbenzene
- 6.1.4. Cyclohexane
- 6.1.5. Nitrobenzene
- 6.1.6. Other De
- 6.1. Market Analysis, Insights and Forecast - by Derivative
- 7. North America Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Derivative
- 7.1.1. Ethylbenzene
- 7.1.2. Cumene
- 7.1.3. Alkylbenzene
- 7.1.4. Cyclohexane
- 7.1.5. Nitrobenzene
- 7.1.6. Other De
- 7.1. Market Analysis, Insights and Forecast - by Derivative
- 8. Europe Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Derivative
- 8.1.1. Ethylbenzene
- 8.1.2. Cumene
- 8.1.3. Alkylbenzene
- 8.1.4. Cyclohexane
- 8.1.5. Nitrobenzene
- 8.1.6. Other De
- 8.1. Market Analysis, Insights and Forecast - by Derivative
- 9. South America Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Derivative
- 9.1.1. Ethylbenzene
- 9.1.2. Cumene
- 9.1.3. Alkylbenzene
- 9.1.4. Cyclohexane
- 9.1.5. Nitrobenzene
- 9.1.6. Other De
- 9.1. Market Analysis, Insights and Forecast - by Derivative
- 10. Middle East and Africa Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Derivative
- 10.1.1. Ethylbenzene
- 10.1.2. Cumene
- 10.1.3. Alkylbenzene
- 10.1.4. Cyclohexane
- 10.1.5. Nitrobenzene
- 10.1.6. Other De
- 10.1. Market Analysis, Insights and Forecast - by Derivative
- 11. Asia Pacific Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1 China
- 11.1.2 India
- 11.1.3 Japan
- 11.1.4 South Korea
- 11.1.5 Rest of Asia Pacific
- 12. North America Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1 United States
- 12.1.2 Canada
- 12.1.3 Mexico
- 13. Europe Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1 Germany
- 13.1.2 United Kingdom
- 13.1.3 Italy
- 13.1.4 France
- 13.1.5 Russia
- 13.1.6 Rest of Europe
- 14. South America Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 14.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 14.1.1 Brazil
- 14.1.2 Argentina
- 14.1.3 Rest of South America
- 15. Middle East and Africa Aromatics Industry Analysis, Insights and Forecast, 2019-2031
- 15.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 15.1.1 Saudi Arabia
- 15.1.2 South Africa
- 15.1.3 Rest of Middle East and Africa
- 16. Competitive Analysis
- 16.1. Global Market Share Analysis 2024
- 16.2. Company Profiles
- 16.2.1 Marathon Petroleum Company
- 16.2.1.1. Overview
- 16.2.1.2. Products
- 16.2.1.3. SWOT Analysis
- 16.2.1.4. Recent Developments
- 16.2.1.5. Financials (Based on Availability)
- 16.2.2 Shell PLC
- 16.2.2.1. Overview
- 16.2.2.2. Products
- 16.2.2.3. SWOT Analysis
- 16.2.2.4. Recent Developments
- 16.2.2.5. Financials (Based on Availability)
- 16.2.3 Exxon Mobil Corporation
- 16.2.3.1. Overview
- 16.2.3.2. Products
- 16.2.3.3. SWOT Analysis
- 16.2.3.4. Recent Developments
- 16.2.3.5. Financials (Based on Availability)
- 16.2.4 Braskem
- 16.2.4.1. Overview
- 16.2.4.2. Products
- 16.2.4.3. SWOT Analysis
- 16.2.4.4. Recent Developments
- 16.2.4.5. Financials (Based on Availability)
- 16.2.5 Chevron Phillips Chemical Company LLC
- 16.2.5.1. Overview
- 16.2.5.2. Products
- 16.2.5.3. SWOT Analysis
- 16.2.5.4. Recent Developments
- 16.2.5.5. Financials (Based on Availability)
- 16.2.6 INEOS
- 16.2.6.1. Overview
- 16.2.6.2. Products
- 16.2.6.3. SWOT Analysis
- 16.2.6.4. Recent Developments
- 16.2.6.5. Financials (Based on Availability)
- 16.2.7 Mitsubishi Chemical Corporation
- 16.2.7.1. Overview
- 16.2.7.2. Products
- 16.2.7.3. SWOT Analysis
- 16.2.7.4. Recent Developments
- 16.2.7.5. Financials (Based on Availability)
- 16.2.8 Reliance Industries Limited
- 16.2.8.1. Overview
- 16.2.8.2. Products
- 16.2.8.3. SWOT Analysis
- 16.2.8.4. Recent Developments
- 16.2.8.5. Financials (Based on Availability)
- 16.2.9 China Petroleum & Chemical Corporation
- 16.2.9.1. Overview
- 16.2.9.2. Products
- 16.2.9.3. SWOT Analysis
- 16.2.9.4. Recent Developments
- 16.2.9.5. Financials (Based on Availability)
- 16.2.10 BASF SE
- 16.2.10.1. Overview
- 16.2.10.2. Products
- 16.2.10.3. SWOT Analysis
- 16.2.10.4. Recent Developments
- 16.2.10.5. Financials (Based on Availability)
- 16.2.11 SABIC
- 16.2.11.1. Overview
- 16.2.11.2. Products
- 16.2.11.3. SWOT Analysis
- 16.2.11.4. Recent Developments
- 16.2.11.5. Financials (Based on Availability)
- 16.2.12 LG Chem
- 16.2.12.1. Overview
- 16.2.12.2. Products
- 16.2.12.3. SWOT Analysis
- 16.2.12.4. Recent Developments
- 16.2.12.5. Financials (Based on Availability)
- 16.2.13 Eastman Chemical Company
- 16.2.13.1. Overview
- 16.2.13.2. Products
- 16.2.13.3. SWOT Analysis
- 16.2.13.4. Recent Developments
- 16.2.13.5. Financials (Based on Availability)
- 16.2.14 Maruzen Petrochemical
- 16.2.14.1. Overview
- 16.2.14.2. Products
- 16.2.14.3. SWOT Analysis
- 16.2.14.4. Recent Developments
- 16.2.14.5. Financials (Based on Availability)
- 16.2.15 LyondellBasell Industries Holdings BV
- 16.2.15.1. Overview
- 16.2.15.2. Products
- 16.2.15.3. SWOT Analysis
- 16.2.15.4. Recent Developments
- 16.2.15.5. Financials (Based on Availability)
- 16.2.16 Flint Hills Resources
- 16.2.16.1. Overview
- 16.2.16.2. Products
- 16.2.16.3. SWOT Analysis
- 16.2.16.4. Recent Developments
- 16.2.16.5. Financials (Based on Availability)
- 16.2.17 SIBUR*List Not Exhaustive
- 16.2.17.1. Overview
- 16.2.17.2. Products
- 16.2.17.3. SWOT Analysis
- 16.2.17.4. Recent Developments
- 16.2.17.5. Financials (Based on Availability)
- 16.2.18 Hengyi Industries Sdn Bhd
- 16.2.18.1. Overview
- 16.2.18.2. Products
- 16.2.18.3. SWOT Analysis
- 16.2.18.4. Recent Developments
- 16.2.18.5. Financials (Based on Availability)
- 16.2.1 Marathon Petroleum Company
List of Figures
- Figure 1: Global Aromatics Industry Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: Asia Pacific Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 3: Asia Pacific Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 4: North America Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 5: North America Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 6: Europe Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 7: Europe Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 8: South America Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 9: South America Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 10: Middle East and Africa Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 11: Middle East and Africa Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 12: Asia Pacific Aromatics Industry Revenue (Million), by Derivative 2024 & 2032
- Figure 13: Asia Pacific Aromatics Industry Revenue Share (%), by Derivative 2024 & 2032
- Figure 14: Asia Pacific Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 15: Asia Pacific Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 16: North America Aromatics Industry Revenue (Million), by Derivative 2024 & 2032
- Figure 17: North America Aromatics Industry Revenue Share (%), by Derivative 2024 & 2032
- Figure 18: North America Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 19: North America Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 20: Europe Aromatics Industry Revenue (Million), by Derivative 2024 & 2032
- Figure 21: Europe Aromatics Industry Revenue Share (%), by Derivative 2024 & 2032
- Figure 22: Europe Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 23: Europe Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 24: South America Aromatics Industry Revenue (Million), by Derivative 2024 & 2032
- Figure 25: South America Aromatics Industry Revenue Share (%), by Derivative 2024 & 2032
- Figure 26: South America Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 27: South America Aromatics Industry Revenue Share (%), by Country 2024 & 2032
- Figure 28: Middle East and Africa Aromatics Industry Revenue (Million), by Derivative 2024 & 2032
- Figure 29: Middle East and Africa Aromatics Industry Revenue Share (%), by Derivative 2024 & 2032
- Figure 30: Middle East and Africa Aromatics Industry Revenue (Million), by Country 2024 & 2032
- Figure 31: Middle East and Africa Aromatics Industry Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Aromatics Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Aromatics Industry Revenue Million Forecast, by Derivative 2019 & 2032
- Table 3: Global Aromatics Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 4: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 5: China Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 6: India Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: Japan Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: South Korea Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Rest of Asia Pacific Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 11: United States Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Canada Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Mexico Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 15: Germany Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: United Kingdom Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 17: Italy Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: France Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: Russia Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Rest of Europe Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Brazil Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: Argentina Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Rest of South America Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 26: Saudi Arabia Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 27: South Africa Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 28: Rest of Middle East and Africa Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 29: Global Aromatics Industry Revenue Million Forecast, by Derivative 2019 & 2032
- Table 30: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 31: China Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: India Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 33: Japan Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: South Korea Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 35: Rest of Asia Pacific Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: Global Aromatics Industry Revenue Million Forecast, by Derivative 2019 & 2032
- Table 37: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 38: United States Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 39: Canada Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: Mexico Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 41: Global Aromatics Industry Revenue Million Forecast, by Derivative 2019 & 2032
- Table 42: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 43: Germany Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: United Kingdom Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 45: Italy Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: France Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 47: Russia Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Rest of Europe Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 49: Global Aromatics Industry Revenue Million Forecast, by Derivative 2019 & 2032
- Table 50: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 51: Brazil Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Argentina Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 53: Rest of South America Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Global Aromatics Industry Revenue Million Forecast, by Derivative 2019 & 2032
- Table 55: Global Aromatics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 56: Saudi Arabia Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 57: South Africa Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 58: Rest of Middle East and Africa Aromatics Industry Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Aromatics Industry?
The projected CAGR is approximately > 3.00%.
2. Which companies are prominent players in the Aromatics Industry?
Key companies in the market include Marathon Petroleum Company, Shell PLC, Exxon Mobil Corporation, Braskem, Chevron Phillips Chemical Company LLC, INEOS, Mitsubishi Chemical Corporation, Reliance Industries Limited, China Petroleum & Chemical Corporation, BASF SE, SABIC, LG Chem, Eastman Chemical Company, Maruzen Petrochemical, LyondellBasell Industries Holdings BV, Flint Hills Resources, SIBUR*List Not Exhaustive, Hengyi Industries Sdn Bhd.
3. What are the main segments of the Aromatics Industry?
The market segments include Derivative.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand for Styrene Polymers from Various End-user Industries; Other Drivers.
6. What are the notable trends driving market growth?
Increasing Demand for Ethylbenzene.
7. Are there any restraints impacting market growth?
Detrimental Effects of Benzene Exposure; Other Restraints.
8. Can you provide examples of recent developments in the market?
July 2022: INEOS agreed to acquire a 50% stake in Shanghai SECCO Petrochemical Company Limited, a subsidiary of China Petroleum & Chemical Corporation (SINOPEC). SECCO currently has a production capacity of 4.2 MMT of petrochemicals - including ethylene, propylene, polyethylene, polypropylene, styrene, polystyrene, acrylonitrile, butadiene, benzene, and toluene. It is a 200-hectare facility, located inside the Shanghai Chemical Industry Park. This will help the company to strengthen the company's hold in China.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Aromatics Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Aromatics Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Aromatics Industry?
To stay informed about further developments, trends, and reports in the Aromatics Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence