AGP Picks
View all

Aromatics market forecast rises as global demand expands

16 hours ago
By AI, Created 06:27 UTC, Oct 12, 2026, AGP -

The Business Research Company says the global aromatics market will grow from $155.18 billion in 2025 to $225.87 billion by 2030, driven by stronger demand from automotive manufacturing, petrochemical feedstocks and specialty derivatives. The outlook points to Asia-Pacific as the largest market in 2025 and the fastest-growing region through the forecast period.

Why it matters: - The aromatics market sits at the center of industrial supply chains because aromatics are key raw materials for plastics, resins, coatings, adhesives and other chemical products. - The forecast suggests continued expansion in demand for petrochemical inputs at a time when manufacturers are also shifting toward bio-based and sustainable feedstocks. - Automotive production remains a major demand driver, linking vehicle output directly to consumption of benzene, toluene and xylenes.

What happened: - The Business Research Company released its Aromatics Market Report Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035 on Oct. 9, 2026. - The report says the global aromatics market was worth $155.18 billion in 2025. - The market is projected to reach $167.8 billion in 2026, implying 8.1% annual growth. - The market is forecast to climb to $225.87 billion by 2030 at a 7.7% CAGR. - A free sample of the report is available at Download a free sample of the aromatics market report. - The full report is available at View the full aromatics market report.

The details: - The report says historical growth has been driven by demand for petrochemical feedstocks, higher use of benzene and toluene derivatives, growth in automotive manufacturing, and rising demand from paints, coatings and pharmaceutical production. - Forecast growth is tied to rising use of sustainable aromatic feedstocks, greater adoption of bio-based aromatics, stronger demand for polymer-grade p-xylene, and expanded production of specialty aromatic derivatives. - The report highlights growth trends in high-purity aromatics, bio-based alternatives, aromatic chemical intermediates, solvent-grade aromatics and specialized aromatic products. - Aromatics are hydrocarbon compounds with ring-shaped molecular structures, mainly produced through petroleum refining and petrochemical processing. - Aromatics provide chemical stability, solvency and reactivity, which makes them valuable inputs across industrial production. - The report says automotive manufacturing increases aromatics demand because benzene, toluene and xylenes are used in lightweight plastics, synthetic rubber, engineering resins, coatings, adhesives and automotive textiles. - The European Automobile Manufacturers’ Association reported global car sales of 74.6 million units in 2024, up 2.5% from 2023. - The EU market grew 0.8% in the same period. - Asia-Pacific held the largest share of the aromatics market in 2025. - Asia-Pacific is also expected to be the fastest-growing regional market during the forecast period. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The 2026 market reports include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technologies and future trend analysis, plus updated graphics and tables.

Between the lines: - The forecast points to a market that is being pulled by both traditional petrochemical demand and newer demand tied to cleaner inputs and specialty uses. - Asia-Pacific’s lead suggests the center of growth remains close to major manufacturing and chemical production hubs. - The report’s emphasis on bio-based aromatics and sustainable feedstocks reflects pressure across the chemicals sector to adapt supply chains without abandoning industrial demand.

What's next: - The report expects market growth to continue through 2030 as demand rises for polymer-grade p-xylene, specialty derivatives and solvent-grade aromatics. - The broader regional and segment outlook will likely depend on automotive production, petrochemical output and adoption of bio-based alternatives. - The Business Research Company is directing interested readers to More information and its sample report page for additional details.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

Sign up for:

LATAM News Online

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

LATAM News Online

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.