Global Olefins and Aromatics Market to 2032

Overview

The Global Olefins and Aromatics Market is expected to reach a 943.90 USD Billion by 2032 and is projected to grow at a CAGR of 4.94% from 2025 to 2032.

Revenue, 2024 (USD Billion)
641.78
Forecast, 2032 (USD Billion)
943.90
CAGR, 2024 - 2032
4.94%
Report Coverage
Global

Global Olefins and Aromatics Market 2018-2032 USD Billion

Global Olefins and Aromatics Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 641.78 USD Billion
  • Projected Market Size (2032): 943.90 USD Billion
  • CAGR (2025-2032): 4.94%

Key Findings of Global Olefins and Aromatics Market

  • The Global Olefins and Aromatics Market was valued at 943.90 USD Billion in 2024.
  • The Global Olefins and Aromatics Market is likely to grow at a CAGR of 4.94% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Packaging in Vertical Segment accounted for the largest share of the market with a revenue of 266.54 USD Billion
  • The fastest growing segment Healthcare in Vertical Segment grew Fastest with a CAGR of 5.46% during the forecast period from 2024 to 2032.

Global Olefins and Aromatics Market Scope

Global Olefins and Aromatics Market Segmentation & Scope
Vertical
  • Others
  • Agriculture
  • Healthcare
  • Household
  • Electronics and Electricals
  • Automotive
  • Building and Construction
  • Packaging
Product
  • Benzene
  • Xylene
  • Propylene
  • Ethylene
  • Toluene
  • Butadiene

Global Olefins and Aromatics Market Data Coverage Insights

Study Period 2024-2032
Base Year 2023
Unit Revenue in USD Billion
Market Value in 2024 641.78 USD Billion
Market Value in 2032 943.90 USD Billion
CAGR (2025-2032) 4.94%
Historic Data 2016-2023
Market Segments Covered Vertical,Product

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 641.78 USD Billion in 2024
    • Key Country: China, leading in terms of revenue with value of 192,362.42 USD Million in 2024.

Segments and Scope

  • Global Olefins and Aromatics Market to 2032, By Vertical
    • Packaging is the largest segment in Global Olefins and Aromatics Market to 2032 with a revenue of 266.54 USD Billion in the year 2024.
    • Healthcare is the Fastest growing segment in Global Olefins and Aromatics Market to 2032 with a Growth rate of 5.38 % in forecast period 2025-2032.
  • Global Olefins and Aromatics Market to 2032, By Product
    • Ethylene is the largest segment in Global Olefins and Aromatics Market to 2032 with a revenue of 242.51 USD Billion in the year 2024.
    • Propylene is the Fastest growing segment in Global Olefins and Aromatics Market to 2032 with a Growth rate of 4.74 % in forecast period 2025-2032.

Global Olefins and Aromatics Market Company Share Analysis

 
Company Name Company Share Analysis
SABIC
Exxon Mobil Corporation
Shell plc
Repsol
INEOS
Global Olefins and Aromatics Market Company Share Analysis

Global Olefins and Aromatics Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Olefins and Aromatics Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Olefins and Aromatics Market Company Profiling

Global Olefins and Aromatics Market Company Profiling
Frequently Asked Questions
The Global Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
Global Olefins and Aromatics Market was valued at USD 641.78(Revenue in USD Billion) in 2023.
Global Olefins and Aromatics Market is projected to grow at a CAGR of 4.94% during the forecast period of 2024 to 2032.
The Packaging segment is expected to dominate the Global Olefins and Aromatics Market, holding a largest market share of 266.54 USD Billion in 2024

Global Olefins and Aromatics Market Scope

Global Olefins and Aromatics Market Segmentation & Scope
Vertical
  • Others
  • Agriculture
  • Healthcare
  • Household
  • Electronics and Electricals
  • Automotive
  • Building and Construction
  • Packaging
Product
  • Benzene
  • Xylene
  • Propylene
  • Ethylene
  • Toluene
  • Butadiene
Frequently Asked Questions
The Global Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
Global Olefins and Aromatics Market was valued at USD 641.78(Revenue in USD Billion) in 2023.
Global Olefins and Aromatics Market is projected to grow at a CAGR of 4.94% during the forecast period of 2024 to 2032.
The estimated market value of the Global Olefins and Aromatics Market for final year is USD 943.90 (USD Billion).

Global Olefins and Aromatics Market Company Profiling

Global Olefins and Aromatics Market Company Profiling
Frequently Asked Questions
The Global Olefins and Aromatics Market is segmented based on Segmentation Vertical,Product.
Global Olefins and Aromatics Market was valued at USD 641.78(Revenue in USD Billion) in 2023.
Global Olefins and Aromatics Market is projected to grow at a CAGR of 4.94% during the forecast period of 2024 to 2032.
The estimated market value of the Global Olefins and Aromatics Market for final year is USD 943.90 (USD Billion).

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