The global Styrene Aromatics Market size is expected to reach USD 382.4 Billion in 2030 and register a revenue CAGR of 5.7% during the forecast period. Styrene Aromatics Market revenue growth is primarily driven by factors such as rising demand for aromatics solvents such as xylene for dissolving other substances and as a cleaning agent, toluene for production of paints, lacquers, and glue, and benzene for making plastics, synthetic fibers, and resins in various end-use industries. Similarly, increasing adoption of the product by the paints coatings industry as an ingredient for thinning paints and varnishes and to speed the drying time, and increasing investments by major players in research activities for development of advanced innovative aromatics products are driving revenue growth of the global Styrene Aromatics Market.
Top Companies Operating in the Global Styrene Aromatics Market:
Exxon Mobil Corporation, Saudi Basic Industries Corporation (SABIC), Shell Chemicals Europe B.V., Reliance Industries Limited, Dow, PTT Aromatics and Refining Public Company Limited, Canada Colors and Chemicals Limited, LyondellBasell Industries Holdings B.V., Eastman Chemical Company, HCS Group GmbH, Honeywell International Inc., and Celanese Corporation.
Get a sample copy of the global Styrene Aromatics Market report, visit @ https://www.reportsanddata.com/sample-enquiry-form/2560
Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Styrene Aromatics Market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Styrene Aromatics Market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Styrene Aromatics Market key players
3.2 Global Aromatics size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Styrene Aromatics Market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
Read full Report Description @ https://www.reportsanddata.com/report-detail/aromatics-market
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Styrene Aromatics Market Segmentation
By Type Outlook:
- Styrene
- Xylene
- Benzene
- Para-xylene
- Others
By Application Outlook:
- Textile Industry
- Plastic Industry
- Chemical Processing
- Others
By End-Use Outlook:
- Automotive
- Adhesives
- Pharmaceuticals
- Chemicals
- Aerospace
- Others
Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/2560
Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blog: https://www.reportsanddata.com/blogs
