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The global Aromatic Compounds market was valued at 16493.23 Million USD in 2021 and will grow with a CAGR of 7.84% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Aromatic compounds, also known as arenes or aromatics, are chemicalcompounds that contain conjugated planar ring systems with delocalizedpi electron clouds instead of discrete alternating single and double bonds. Typical aromatic compounds are benzene and toluene. An aromatic compound is any compound that contains a benzene ring or has certain benzene-like properties (but not necessarily a strong aroma).Currently, there are many producing companies in the world Aromatic Compounds industry, especially in Asia and North America regions. The main market players are Sinopec, ExxonMobile, Total S.A., China National Petroleum, BP Chemicals, Shell, Reliance Industries, SK, Koch, Formosa Plastics, JX Nippon Oil&Energy, INEOS Group, ConocoPhillios, SABIC, LyondellBasell etc. The sale of Aromatic Compounds is about 133040 K MT in 2015.
By Market Verdors:
Sinopec
ExxonMobile
Total S.A.
China National Petroleum
BP Chemicals
Shell
Reliance Industries
SK
Koch
Formosa Plastics
JX Nippon Oil&Energy
INEOS Group
ConocoPhillips
SABIC
LyondellBasell
By Types:
Benzene
Toluene
Xylenes
PAH
By Applications:
Solvent
Additive
Organic Chemical
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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