The report will be delivered in 2-3 business days.

Aromatics Global Market Briefing 2018

Starting Price : $ 1000.00 | Pages : 32 | Published : April 2018 | SKU CODE : 2803 | Format :

Aromatics are organic chemical compounds that are characterized by circular planar conjugated ring structures and are known for their flexible and useful chemical properties. They are derived during the distillation of crude oil in refineries. Some examples of aromatic compounds include, benzene, toluene, aniline, cumene and others.

Aromatics Market Size

The global aromatics market was valued at $185.9 billion in 2017. Asia-Pacific was the largest geographic region in the aromatics market in 2017, accounting for $75 billion or 40.3% share in the market. China was the largest country in the market in 2017, accounting for $33 billion or 17.8% share in the market.

Aromatics Market Trend

Production of aromatic fine chemicals from non-food biomass in bio-refineries linked to the production of biofuels is a trend that is picking up recently. The advances in Metabolic Engineering and Bioprocess Optimization have helped in enhancing the microbial conversion rate of biomass into aromatic compounds, which was expensive in the past.

Aromatics Market Segmentation

The aromatics market is segmented into Xylene, Styrene, Paraxylene, Benzene, Toluene, MDI, Phenol, Acetone, PTA, and TDI.

Benzene market comprises of manufacturing and sale of benzene. Benzene is one of the simplest and widely used aromatic compounds with several chemical applications.

Cumene/Phenol market includes manufacture and sale of cumene and phenol. Cumene is industrially produced by the chemical reaction between benzene and propylene while phenol is produced by the oxidation of cumene, with acetone being an important by product. Phenol is majorly used as a precursor to manufacture several plastics/polymers and is also a key ingredient for manufacturing pharmaceutical drugs.

P-xylene market comprises of establishments that manufacture and market para- xylene. P-xylene is produced by the catalytic reforming of petroleum naphtha. It is a significant aromatic chemical that is a precursor to chemicals such as terephthalic acid (TPA), dimethyl-terephthalate (DMT) and purified terephthalic acid (PTA), all of which are precursors for manufacturing polyethylene terephthalate (PET), a polyester.

Purified Terephthalic Acid/Dimethyl-Terephthalate market comprises of manufacturing and sale dimethyl-terephthalate (DMT) and purified terephthalic acid (PTA). PTA and DMT are produced by oxidation and esterification of p-xylene respectively. They are the key ingredients and important precursors for the manufacture of polyester polyethylene terephthalate (PET).

Styrene market includes the manufacture and sale of styrene. Styrene is produced from either naturally extracted or industrially produced ethyl benzene, which is dehydrogenated in the presence of a catalyst to produce styrene. Styrene is a key chemical ingredient in production of polymers and synthetic rubbers.

Toluene & Xylenes market includes manufacture and sale of toluene and xylenes. Toluene is naturally present in the crude oil and is also produced industrially by processes such as the catalytic reforming of feedstock naphtha to produce benzene, toluene and xylenes (BTX). Xylenes are also produced by methylation of benzene or toluene. Toluene and xylenes are commonly used as solvents for paint and varnish thinners and are also used as precursors in the chemical industry to produce other important chemicals.

Toluene Diisocyanate and Methylenediphenyl Diisocyanate market comprises of manufacturing and sale of the aromatic diisocyanates, toluene diisocyanate (TDI) and methylenediphenyl diisocyanate (MDI.) TDI and MDI are produced from dinitrotoluene and aniline respectively. They are primarily used to produce polyurethanes and polyurethane foam products. MDI is employed mainly to manufacture rigid polyurethane foams.

The companies covered are China National Petroleum Corporation, BP plc, ExxonMobil Corporation, Alpek S.A.B de C.V, and Dow Chemicals Company.

The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.

yngenta And Bayer AG Are Global Leaders In The Consolidated Pesticides Market
The Impact Of Economic Growth On The Global Methanol Market
Growth Of End-User Industries And Green Innovations Will Drive The Polyurethane Market To Be The Largest Segment Of The Plastic Materials And Resins Market
Economic Growth And Growing World Populations Will Drive The Pesticides Market Growth
Pressure Swing Adsorption Technology For On-Site Nitrogen And Oxygen Production
Changing Farming Practices In The UK’s Pesticides Market
The Demand For Synthetic Dyes And Pigments From End-User Industries Is Rapidly Increasing
Nitrogen’s Many Uses In Established Industries Helps It Lead The Global Industrial Gas Market
Plastic Materials And Resins Market By Types (High Density Polyethylene, Polypropylene, Low-Density Polyethylene, Polystyrene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane And Others), By Trends (Technological Developments, Environmentally Friendly Products, Automated Manufacturing, Use Of Recycled Plastic Products As Raw Material) By Companies And By Regions – Global Forecast to 2022
View Report
Synthetic Dyes and Pigments Market By Segments (Textiles, Leather, Paints and coatings, Plastic And Cosmetics), By Type, By Key Players And By Geography – Global Forecast To 2022 
View Report
Methanol Market By End Use (Formaldehyde, MTO/MTP, Fuel Blending, Dimethyl Ether, Acetic Acid, Methyl Tert-Butyl Ether (MTBE), Solvents, Methylamines, MMA, Chloro-methanes, and others), By type of product( plastics & polymers, chlor-alkali and inorganics, olefins, aromatics, olefin derivatives, syngas chemicals), Market Players And Market Information– Global Forecast To 2022 .
View Report
Pesticides Market By Type (Herbicides, Fungicides and Insecticides), Opportunities And Strategies– Global Forecast To 2023
View Report
Chemicals By End Use Global Market Report 2020
View Report
Chemical Fertilizers Market By Segments (Nitrogen Fertilizers, Phosphate Fertilizers, Potash Fertilizers), By Types, By Countries And By Key Players – Global Forecast To 2022
View Report
Printing Inks Market By Segments (Oil-Based Printing, Solvent Based Printing, Water-Based Printing); By Application (Offset Printing Inks, Flexographic Printing Ink, Digital Printing Ink)- Global Forecast To 2022
View Report
General Chemical Product Global Market Report 2018
View Report

Call Us

+1 3156230293


+44 2071930708


+91 8897263534

(Asia & Others)