Aromatic Market Size, Share, Trends, Growth and Forecast 2034

Aromatic Market

Aromatic Market By Type (P-Xylene, O-Xylene, Toluene, Benzene, and Others), By Application (Additive, Solvent), By Industry (Paint & Coatings, Adhesives, Pharmaceuticals, Chemicals, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Chemical & Materials Report Format : PDF Pages: 215 Report Code: ZMR-9766 Published Date: Aug-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 26.38 Billion USD 40.48 Billion 5.50% 2024

Aromatic Market

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Aromatic Market, (2025 - 2034) (USD Billion)
    • 2.2 Global Aromatic Market : snapshot
  • Chapter 3. Global Aromatic Market - Industry Analysis
    • 3.1 Aromatic Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Instability and trends in petrochemical feedstock and crude oil driving the aromatic market
    • 3.3 Market Restraints
      • 3.3.1. Safety and health concerns negatively impact market sentiment
    • 3.4 Market Opportunities
      • 3.4.1. Technological advancements in catalytic reforming and extraction create lucrative opportunities for the aromatic market's development
    • 3.5 Market Challenges
      • 3.5.1. High operational expenditure and capital limit the market growth
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Application
      • 3.7.3 Market attractiveness analysis By Industry
  • Chapter 4. Global Aromatic Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Aromatic Market: company market share, 2024
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Aromatic Market - Type Analysis
    • 5.1 Global Aromatic Market overview: By Type
      • 5.1.1 Global Aromatic Market share, By Type, 2024 and 2034
    • 5.2 P-Xylene
      • 5.2.1 Global Aromatic Market by P-Xylene, 2025 - 2034 (USD Billion)
    • 5.3 O-Xylene
      • 5.3.1 Global Aromatic Market by O-Xylene, 2025 - 2034 (USD Billion)
    • 5.4 Toluene
      • 5.4.1 Global Aromatic Market by Toluene, 2025 - 2034 (USD Billion)
    • 5.5 Benzene
      • 5.5.1 Global Aromatic Market by Benzene, 2025 - 2034 (USD Billion)
    • 5.6 Others
      • 5.6.1 Global Aromatic Market by Others, 2025 - 2034 (USD Billion)
  • Chapter 6. Global Aromatic Market - Application Analysis
    • 6.1 Global Aromatic Market overview: By Application
      • 6.1.1 Global Aromatic Market share, By Application, 2024 and 2034
    • 6.2 Additive
      • 6.2.1 Global Aromatic Market by Additive, 2025 - 2034 (USD Billion)
    • 6.3 Solvent
      • 6.3.1 Global Aromatic Market by Solvent, 2025 - 2034 (USD Billion)
  • Chapter 7. Global Aromatic Market - Industry Analysis
    • 7.1 Global Aromatic Market overview: By Industry
      • 7.1.1 Global Aromatic Market share, By Industry, 2024 and 2034
    • 7.2 Paint & Coatings
      • 7.2.1 Global Aromatic Market by Paint & Coatings, 2025 - 2034 (USD Billion)
    • 7.3 Adhesives
      • 7.3.1 Global Aromatic Market by Adhesives, 2025 - 2034 (USD Billion)
    • 7.4 Pharmaceuticals
      • 7.4.1 Global Aromatic Market by Pharmaceuticals, 2025 - 2034 (USD Billion)
    • 7.5 Chemicals
      • 7.5.1 Global Aromatic Market by Chemicals, 2025 - 2034 (USD Billion)
    • 7.6 Others
      • 7.6.1 Global Aromatic Market by Others, 2025 - 2034 (USD Billion)
  • Chapter 8. Aromatic Market - Regional Analysis
    • 8.1 Global Aromatic Market Regional Overview
    • 8.2 Global Aromatic Market Share, by Region, 2024 & 2034 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Aromatic Market, 2025 - 2034 (USD Billion)
        • 8.3.1.1 North America Aromatic Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 North America Aromatic Market, by Type, 2025 - 2034
      • 8.4.1 North America Aromatic Market, by Type, 2025 - 2034 (USD Billion)
    • 8.5 North America Aromatic Market, by Application, 2025 - 2034
      • 8.5.1 North America Aromatic Market, by Application, 2025 - 2034 (USD Billion)
    • 8.6 North America Aromatic Market, by Industry, 2025 - 2034
      • 8.6.1 North America Aromatic Market, by Industry, 2025 - 2034 (USD Billion)
    • 8.4. Europe
      • 8.4.2 Europe Aromatic Market, 2025 - 2034 (USD Billion)
        • 8.4.2.1 Europe Aromatic Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 Europe Aromatic Market, by Type, 2025 - 2034
      • 8.4.1 Europe Aromatic Market, by Type, 2025 - 2034 (USD Billion)
    • 8.5 Europe Aromatic Market, by Application, 2025 - 2034
      • 8.5.1 Europe Aromatic Market, by Application, 2025 - 2034 (USD Billion)
    • 8.6 Europe Aromatic Market, by Industry, 2025 - 2034
      • 8.6.1 Europe Aromatic Market, by Industry, 2025 - 2034 (USD Billion)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Aromatic Market, 2025 - 2034 (USD Billion)
        • 8.5.3.1 Asia Pacific Aromatic Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 Asia Pacific Aromatic Market, by Type, 2025 - 2034
      • 8.4.1 Asia Pacific Aromatic Market, by Type, 2025 - 2034 (USD Billion)
    • 8.5 Asia Pacific Aromatic Market, by Application, 2025 - 2034
      • 8.5.1 Asia Pacific Aromatic Market, by Application, 2025 - 2034 (USD Billion)
    • 8.6 Asia Pacific Aromatic Market, by Industry, 2025 - 2034
      • 8.6.1 Asia Pacific Aromatic Market, by Industry, 2025 - 2034 (USD Billion)
    • 8.6. Latin America
      • 8.6.4 Latin America Aromatic Market, 2025 - 2034 (USD Billion)
        • 8.6.4.1 Latin America Aromatic Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 Latin America Aromatic Market, by Type, 2025 - 2034
      • 8.4.1 Latin America Aromatic Market, by Type, 2025 - 2034 (USD Billion)
    • 8.5 Latin America Aromatic Market, by Application, 2025 - 2034
      • 8.5.1 Latin America Aromatic Market, by Application, 2025 - 2034 (USD Billion)
    • 8.6 Latin America Aromatic Market, by Industry, 2025 - 2034
      • 8.6.1 Latin America Aromatic Market, by Industry, 2025 - 2034 (USD Billion)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Aromatic Market, 2025 - 2034 (USD Billion)
        • 8.7.5.1 The Middle-East and Africa Aromatic Market, by Country, 2025 - 2034 (USD Billion)
    • 8.4 The Middle-East and Africa Aromatic Market, by Type, 2025 - 2034
      • 8.4.1 The Middle-East and Africa Aromatic Market, by Type, 2025 - 2034 (USD Billion)
    • 8.5 The Middle-East and Africa Aromatic Market, by Application, 2025 - 2034
      • 8.5.1 The Middle-East and Africa Aromatic Market, by Application, 2025 - 2034 (USD Billion)
    • 8.6 The Middle-East and Africa Aromatic Market, by Industry, 2025 - 2034
      • 8.6.1 The Middle-East and Africa Aromatic Market, by Industry, 2025 - 2034 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 BASF SE
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 LyondellBasell Industries
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Sinopec Corporation
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 ExxonMobil Chemical
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 TotalEnergies SE
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Shell Chemicals
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Formosa Plastics Corporation
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Chevron Phillips Chemical Company
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Reliance Industries Limited
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Mitsubishi Chemical Corporation
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 LG Chem
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Eastman Chemical Company
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Celanese Corporation
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 DOW Chemical Company
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Huntsman Corporation
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 and others.
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Aromatic Market, 2025 - 2034 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Aromatic Market attractiveness, By Type
  • 6. Global Aromatic Market attractiveness, By Application
  • 7. Global Aromatic Market attractiveness, By Industry
  • 8. Global Aromatic Market share by Type, 2025 and 2034 (USD Billion)
  • 9. Global Aromatic Market by P-Xylene, 2025 - 2034 (USD Billion)
  • 10. Global Aromatic Market by O-Xylene, 2025 - 2034 (USD Billion)
  • 11. Global Aromatic Market by Toluene, 2025 - 2034 (USD Billion)
  • 12. Global Aromatic Market by Benzene, 2025 - 2034 (USD Billion)
  • 13. Global Aromatic Market by Others, 2025 - 2034 (USD Billion)
  • 14. Global Aromatic Market share by Application, 2025 and 2034 (USD Billion)
  • 15. Global Aromatic Market by Additive, 2025 - 2034 (USD Billion)
  • 16. Global Aromatic Market by Solvent, 2025 - 2034 (USD Billion)
  • 17. Global Aromatic Market share by Industry, 2025 and 2034 (USD Billion)
  • 18. Global Aromatic Market by Paint & Coatings, 2025 - 2034 (USD Billion)
  • 19. Global Aromatic Market by Adhesives, 2025 - 2034 (USD Billion)
  • 20. Global Aromatic Market by Pharmaceuticals, 2025 - 2034 (USD Billion)
  • 21. Global Aromatic Market by Chemicals, 2025 - 2034 (USD Billion)
  • 22. Global Aromatic Market by Others, 2025 - 2034 (USD Billion)
  • 23. Global Aromatic Market share, by Region, 2025 and 2034
  • 24. North America Aromatic Market, 2025 - 2034 (USD Billion)
  • 25. Europe Aromatic Market, 2025 - 2034 (USD Billion)
  • 26. Asia Pacific Aromatic Market, 2025 - 2034 (USD Billion)
  • 27. Latin America Aromatic Market, 2025 - 2034 (USD Billion)
  • 28. The Middle-East and Africa Aromatic Market, 2025 - 2034 (USD Billion)

Table Of Tables

  • 1. Global Aromatic Market: Snapshot
  • 2. Drivers of the Aromatic Market: impact analysis
  • 3. North America Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 4. North America Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 5. North America Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 6. U.S. Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 7. U.S. Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 8. U.S. Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 9. Canada Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 10. Canada Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 11. Canada Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 12. Europe Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 13. Europe Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 14. Europe Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 15. Germany Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 16. Germany Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 17. Germany Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 18. France Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 19. France Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 20. France Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 21. U.K. Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 22. U.K. Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 23. U.K. Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 24. Italy Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 25. Italy Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 26. Italy Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 27. Spain Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 28. Spain Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 29. Spain Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 30. Rest of Europe Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 31. Rest of Europe Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 32. Rest of Europe Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 33. Asia Pacific Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 34. Asia Pacific Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 35. Asia Pacific Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 36. China Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 37. China Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 38. China Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 39. Japan Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 40. Japan Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 41. Japan Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 42. India Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 43. India Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 44. India Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 45. South Korea Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 46. South Korea Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 47. South Korea Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 48. South-East Asia Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 49. South-East Asia Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 50. South-East Asia Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 51. Rest of Asia Pacific Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 52. Rest of Asia Pacific Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 53. Rest of Asia Pacific Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 54. Latin America Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 55. Latin America Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 56. Latin America Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 57. Brazil Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 58. Brazil Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 59. Brazil Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 60. Mexico Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 61. Mexico Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 62. Mexico Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 63. Rest of Latin America Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 64. Rest of Latin America Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 65. Rest of Latin America Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 66. The Middle-East and Africa Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 67. The Middle-East and Africa Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 68. The Middle-East and Africa Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 69. GCC Countries Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 70. GCC Countries Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 71. GCC Countries Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 72. South Africa Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 73. South Africa Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 74. South Africa Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)
  • 75. Rest of Middle-East Africa Aromatic Market revenue, By Type, 2025 - 2034 (USD Billion)
  • 76. Rest of Middle-East Africa Aromatic Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 77. Rest of Middle-East Africa Aromatic Market revenue, By Industry, 2025 - 2034 (USD Billion)

Methodology

FrequentlyAsked Questions

Aromatic compounds are a group of chemical compounds classified by the existence of one or more benzene rings or similar ring structures with conjugated π-electrons, which offer exceptional chemical properties and optimal stability. They are extensively used in industries due to their significance in generating plastics, solvents, synthetic fibers, and pharmaceuticals.

The global aromatic market is projected to grow due to rising use in transportation and automotive sectors, the growth of the textile industry, and advancements in aromatic compound synthesis.

According to study, the global aromatic market size was worth around USD 26.38 billion in 2024 and is predicted to grow to around USD 40.48 billion by 2034.

The CAGR value of the aromatic market is expected to be around 5.50% during 2025-2034.

The additives application area offers significant growth opportunities due to increasing demand for fuel additives and performance-enhancing chemicals in the industrial and automotive sectors.

Significant challenges include health concerns related to the toxicity of certain aromatic compounds like benzene and stringent environmental regulations. Additionally, the rise of bio-based alternatives and fluctuating crude oil prices challenge the market growth.

North America is expected to lead the global aromatic market during the forecast period.

Macroeconomic factors, such as global economic growth, rising disposable incomes, and industrialization, will boost demand for aromatic-based products across industries. Nonetheless, geopolitical uncertainties and fluctuations in crude oil prices may cause price volatility and supply chain disruptions, impacting market stability.

The key players profiled in the global aromatic market include BASF SE, LyondellBasell Industries, Sinopec Corporation, ExxonMobil Chemical, TotalEnergies SE, Shell Chemicals, Formosa Plastics Corporation, Chevron Phillips Chemical Company, Reliance Industries Limited, Mitsubishi Chemical Corporation, LG Chem, Eastman Chemical Company, Celanese Corporation, DOW Chemical Company, and Huntsman Corporation.

The report examines key aspects of the aromatic market, including a detailed analysis of existing growth factors and restraints, as well as an examination of future growth opportunities and challenges that will impact the market.

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