Basic Aromatics Market Scope And Analysis

Report Code : TIPRE00009937
Category : Chemicals and Materials

Status : Published
No. of Pages : 203

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Basic Aromatics Market Trends and Scope by 2031

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Basic Aromatics Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 161.59 Billion
Market Size by 2031	US$ 259.55 Billion
Global CAGR (2023 - 2031)	6.1%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Styrene Monomer Divinylbenzene Benzene Toluene Xylene Cresol Pyridine By End Use Pharmaceuticals Pesticides Agriculture Food and Beverages Cosmetics and Personal Care Paints and Coatings Solvents
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	The Dow Chemical Co Exxon Mobil Corp Lanxess AG Sasol Ltd Lyondellbasell Industries NV BASF SE Nippon Steel Corp Shell Plc Ineos Group Holdings SA Jubilant Ingrevia Ltd

Basic Aromatics Market News and Recent Developments

The basic aromatics market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the basic aromatics market are listed below:

BioBTX, a pioneering developer of renewable aromatics technology in the Netherlands, has secured over US$ 86.59 million to launch its first commercial-scale plant. This investment will fund the world’s first renewable chemicals plant utilizing BioBTX’s innovative ICCP Technology to produce sustainable aromatics (BTX) from plastic waste and biomass. (Source: BioBTX, Company News, June 2024)
INEOS, one of the world's largest manufacturing companies, has completed the purchase of the global Aromatics and Acetyls businesses from BP for a consideration of US$5 billion. (Source: INEOS, Press Release, January 2021)

Basic Aromatics Market Report Coverage and Deliverables

The “Basic Aromatics Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Basic aromatics market size and forecast for all the key market segments covered under the scope
Basic aromatics market trends, as well as market dynamics such as drivers, restraints, and key opportunities
Detailed Porter’s Five Forces and SWOT analysis
Basic aromatics market analysis covering key market trends, country framework, major players, regulations, and recent market developments.
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the basic aromatics market
Detailed company profiles