North America Aromatic Compounds Market By Source (Reformate, Pyrolysis Gasoline, Coke Oven Light Oil), Type (Benzene, Xylene, Toluene), End User (Packaging, Detergent & Dyes, Automobile, Electronic Devices, Medical Devices, Pharmaceuticals, Gasoline, Tyre, Household Goods, Paints & Coatings, PVC Pipes & Cables, Others), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2027
Market Analysis and Insights: North America Aromatic Compounds Market
North America aromatic compounds market will reach an estimated valuation of 35,440.1 thousand tons by 2027, while registering this growth at a rate of 4.2% for the forecast period of 2020 to 2027. Data Bridge Market Research report on North America aromatic compounds market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The growing demand for aromatic compounds in crude oil, gasoline, and petroleum industry will help impact the North America aromatic compounds market growth in the forecast period of 2020 to 2027. The increasing usage of usage of benzene and toluene in pharmaceuticals and development in detergent industry are also expected to improve the market growth rate. On the other hand, the high demand from building and construction industries along with rapid industrialization and government initiatives will further cater ample new opportunities that will lead to the growth of the North America aromatic compounds market in the above mentioned forecast period.
Presence of aromatic compounds alternatives and obligation of regulations on aromatic compounds will hinder the growth of the North America aromatic compounds market in the above mentioned forecast period.
This North America aromatic compounds market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on North America aromatic compounds market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Aromatic Compounds Market Scope and Market Size
North America aromatic compounds market is segmented on the basis of source, type and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on source, the North America aromatic compounds market is segmented into reformate, pyrolysis gasoline and coke oven light oil.
- On the basis of type, the North America aromatic compounds market is segmented into benzene, xylene and toluene. Benzene is further segmented into ethylbenzene, cumene, cyclohexane, chlorobenzene and alkyl benzene. Xylene is further segmented into p-xylene, m-xylene and o-xylene. Toluene is further segmented into solvents, toluene di isocyanate and others.
- The end user segment for the North America aromatic compounds market is segmented into packaging, detergent & dyes, automobile, electronic devices, medical devices, pharmaceuticals, gasoline, tyre, household goods, paints & coatings, PVC pipes & cables and others.
North America Aromatic Compounds Market Country Level Analysis
North America aromatic compounds market is analyzed and market size, volume information is provided by country source, type and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America.
U.S. dominates the North America aromatic compounds market due to the large market share of U.S. in the in the used car also increasing demand for refinishing automotive coatings is also expected to boost the growth of the country.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Aromatic Compounds Market Share Analysis
North America aromatic compounds market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America aromatic compounds market.
The major players covered in the North America aromatic compounds market report are Exxon Mobil Corporation, Huntsman corporation, Celanese Corporation, Shell Chemicals, CB&I, Honeywell International Inc., Eastman Chemical Company, INEOS, Chevron Phillips Chemical Company, Dow, Caltex Corporation, and Canada Colors and Chemicals Limited, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: North America Aromatic Compounds Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.