Aromatic Market SWOT Analysis By 2028 | Dow, Reliance Industries Ltd., LyondellBasell, Shell Chemicals
Segmentation: The global aromatics market is segmented based on type, application, end use, and region. By type, the global aromatics market is segmented into benzene, toluene, o-xylene, p-xylene, and others. Toluene is likely to exhibit the fastest growth rate over the forecast period due to the growing demand for toluene in paints and coatings. By application, the global aromatics market is segmented into solvents and additives. By end use, the market is segmented into paints and coatings, adhesives, chemicals, pharmaceuticals, and others. Paints and coatings is likely to remain the majority end user in the global aromatics market. Competitive Analysis: Leading players in the global aromatics market include Canada Colors and Chemicals Limited, BP plc, Dow, Reliance Industries Ltd., LyondellBasell, Shell Chemicals, SABIC, and ExxonMobil. Regional Analysis: Asia Pacific is a major regional market for aromatics and is likely to retain a major share in the global aromatics market ov