Apr 17, 2018   SOURCE: BusinessWire

Global Aromatic Compounds Market Forecast to 2025 - Increased Demand of Aromatic Compounds in Gasoline - ResearchAndMarkets.com

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