North America Olefins and Aromatics Market

North America Olefins and Aromatics Market


The North America olefins and aromatics market is expected to reach USD 147,783.57 million by 2031 from USD 105,789.48 million in 2023, growing with a substantial CAGR of 4.39% in the forecast period of 2024 to 2031.

Market Segmentation:
North America Olefins and Aromatics Market, By Product (Ethylene, Propylene, Xylene, Benzene, Toluene, and Butadiene), Vertical (Packaging, Building and Construction, Automotive, Electronics and Electricals, Household, Healthcare, Agriculture, and Others), Countries (U.S., Canada, and Mexico) - Industry Trends and Forecast To 2031

Overview of North America Olefins and Aromatics Market Dynamics:

Drivers
• Growing demand for olefins in various end-use industries
• Rise in demand for aromatic compounds by the paints & coatings industry
Restraint
• Volatility in raw material prices
Opportunity
• Advancements and innovations in production technologies and methods
Market Players:
The key players operating in the North America olefins and aromatics market market are:
• Exxon Mobil Corporation
• Shell plc
• Repsol
• SABIC
• INEOS
• Braskem
• Sasol
• Dow
• NOVA Chemicals Corporate
• Idemitsu Kosan Co.,Ltd.
• PETRONAS Chemicals Group
• Chevron Phillips Chemical Company LLC
• LyondellBasell Industries Holdings B.V.
• ORLEN
• Mitsubishi Chemical Group Corporation
• Gadiv Petrochemical Industries (A subsidiaries of Bazan Group)
• Evonik Industries AG
• TPC Group


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1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview
1.4 Limitations
1.5 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Dbmr Tripod Data Validation Model
2.6 Multivariate Modeling
2.7 Primary Interviews With Key Opinion Leaders
2.8 Dbmr Market Position Grid
2.9 Dbmr Vendor Share Analysis
2.10 Secondary Sources
2.11 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Pestel Analysis
4.1.1 Political Factors
4.1.2 Economic Factors
4.1.3 Social Factors
4.1.4 Technological Factors
4.1.5 Environmental Factors
4.1.6 Legal Factors
4.2 Porter’s Five Forces
4.2.1 Threat Of New Entrants
4.2.2 Bargaining Power Of Suppliers
4.2.3 Bargaining Power Of Buyers
4.2.4 Threat Of Substitutes
4.2.5 Industry Rivalry
4.3 Value Chain Analysis
4.3.1 Raw Material Extraction
4.3.2 Feedstock Processing
4.3.3 Olefin And Aromatic Production
4.3.4 Derivatives Production
4.3.5 Polymer Production
4.3.6 Downstream Processing And Fabrication
4.3.7 Distribution And Retail
4.3.8 End-user Applications
4.4 Vendor Selection Criteria
4.4.1 Quality And Consistency Of Supply
4.4.2 Reliability And Timeliness
4.4.3 Cost Competitiveness
4.4.4 Technical Capability And Innovation
4.4.5 Regulatory Compliance And Sustainability
4.4.6 Financial Stability
4.4.7 Customer Service And Support
4.5 Collaborative Efforts To Address Environmental Concerns And Promote The Circular Economy
4.5.1 Key Areas Of Collaboration
4.5.1.1 Public-private Partnerships:
4.5.1.2 Intergovernmental Cooperation:
4.5.1.3 Industry Collaboration:
4.5.1.4 Community Engagement:
4.5.2 Instances Of Successful Collaborative Initiatives
4.5.2.1 The Ellen Macarthur Foundation:
4.5.2.2 Circular Cities:
4.5.2.3 North America Recycling Day:
4.5.3 Challenges And Opportunities
4.5.3.1 Challenges:
4.5.3.2 Opportunities:
4.6 Asia-pacific And South East Asia Production Projections For Olefins And Aromatics
4.6.1 Increasing Production Projections For Olefins
4.6.2 Factors Behind Increasing Olefin Production
4.6.3 Increasing Production Projections For Aromatics
4.6.4 Factors Behind Increasing Aromatic Production
4.7 Price Analysis Scenario
4.7.1 Raw Materials Price Analysis
4.7.2 Naphtha
4.7.3 Crude Oil
4.7.4 Natural Gas
4.7.5 Coal
4.8 Production Consumption Analysis
4.9 Manufacturing Cost Scenario
4.9.1 Future Impact On Market Share
4.10 Manufacturing Process Of Olefins
4.11 Market Changes/Current Events
4.12 Recent Developments
4.13 Supply Chain Analysis
4.13.1 Overview
4.13.2 Logistic Cost Scenario
4.13.3 Importance Of Logistics Service Providers
4.14 Technological Innovation
4.15 The Impact Of Regional Production Capacities On North America Plastic Supply Chains
4.16 The Need For Sustainable Production Practices And Investments In Recycling Technologies
4.17 Upcoming Plastic Treaty Negotiations
5 Market Overview
5.1 Drivers
5.1.1 Growing Demand For Olefins In Various End-use Industries
5.1.2 Rise In Demand For Aromatic Compounds By The Paints & Coatings Industry
5.1.3 Economic Growth In Emerging Markets
5.2 Restraints
5.2.1 Volatility In Raw Material Prices
5.2.2 Easy Availability Of Substitutes
5.3 Opportunities
5.3.1 Advancements And Innovations In Production Technologies And Methods
5.3.2 Rising Focus On Sustainable Solutions
5.3.3 Strategic Partnerships And Mergers
5.4 Challenges
5.4.1 Compliance With Stringent Regulations And Standards
5.4.2 Health And Safety Concerns Owing To Hazardous Nature Of Various Chemicals
6 North America Olefins And Aromatics Market, By Product
6.1 Overview
6.2 Ethylene
6.2.1 Ethylene, By Application
6.3 Propylene
6.3.1 Propylene, By Application
6.4 Xylene
6.5 Benzene
6.5.1 Benzene, By Application
6.6 Toluene
6.6.1 Toluene, By Application
6.7 Butadiene
6.7.1 Butadiene, By Application
7 North America Olefins And Aromatics Market, By Vertical
7.1 Overview
7.2 Packaging
7.2.1 Packaging, By Category
7.3 Building And Construction
7.3.1 Building And Construction, By Category
7.4 Automotive
7.4.1 Automotive, By Category
7.5 Electronics And Electricals
7.6 Household
7.7 Healthcare
7.8 Agriculture
7.8.1 Agriculture, By Category
7.8.1.1 Crop Protection Chemicals, By Category
7.9 Others
8 North America Olefins And Aromatics Market, By Region
8.1 North America
8.1.1 U.S.
8.1.2 Canada
8.1.3 Mexico
9 North America Olefins And Aromatics Market: Company Landscape
9.1 Company Share Analysis: North America
10 Swot Analysis
11 Company Profile
11.1 Exxon Mobil Corporation
11.1.1 Company Snapshot
11.1.2 Revenue Analysis
11.1.3 Company Share Analysis
11.1.4 Product Portfolio
11.1.5 Recent Development
11.2 Shell Plc
11.2.1 Company Snapshot
11.2.2 Revenue Analysis
11.2.3 Company Share Analysis
11.2.4 Product Portfolio
11.2.5 Recent Developments
11.3 Repsol
11.3.1 Company Snapshot
11.3.2 Revenue Analysis
11.3.3 Company Share Analysis
11.3.4 Product Portfolio
11.3.5 Recent Developments
11.4 Sabic
11.4.1 Company Snapshot
11.4.2 Revenue Analysis
11.4.3 Company Share Analysis
11.4.4 Product Portfolio
11.4.5 Recent Development
11.5 Ptt North America Chemical Public Company Limited
11.5.1 Company Snapshot
11.5.2 Revenue Analysis
11.5.3 Company Share Analysis
11.5.4 Product Portfolio
11.5.5 Recent Development
11.6 Braskem
11.6.1 Company Snapshot
11.6.2 Revenue Analysis
11.6.3 Product Portfolio
11.6.4 Recent Development
11.7 Chevron Phillips Chemical Company Llc
11.7.1 Company Snapshot
11.7.2 Revenue Analysis
11.7.3 Product Portfolio
11.7.4 Recent Developments
11.8 Dow
11.8.1 Company Snapshot
11.8.2 Revenue Analysis
11.8.3 Product Portfolio
11.8.4 Recent Development
11.9 Evonik Industries Ag
11.9.1 Company Snapshot
11.9.2 Revenue Analysis
11.9.3 Product Portfolio
11.9.4 Recent Developments
11.10 Gadiv Petrochemical Industries (A Subsidiary Of Bazan Group)
11.10.1 Company Snapshot
11.10.2 Product Portfolio
11.10.3 Recent Developments
11.11 Idemitsu Kosan Co., Ltd.
11.11.1 Company Snapshot
11.11.2 Revenue Analysis
11.11.3 Product Portfolio
11.11.4 Recent Development
11.12 Ineos
11.12.1 Company Snapshot
11.12.2 Product Portfolio
11.12.3 Recent Development
11.13 Lyondellbasell Industries Holding B.V.
11.13.1 Company Snapshot
11.13.2 Revenue Analysis
11.13.3 Product Portfolio
11.13.4 Recent Development
11.14 Mitsubishi Chemical Group Corporation
11.14.1 Company Snapshot
11.14.2 Revenue Analysis
11.14.3 Product Portfolio
11.14.4 Recent Development
11.15 Nova Chemicals Corporate
11.15.1 Company Snapshot
11.15.2 Revenue Analysis
11.15.3 Product Portfolio
11.15.4 Recent Developments
11.16 Orlen
11.16.1 Company Snapshot
11.16.2 Revenue Analysis
11.16.3 Product Portfolio
11.16.4 Recent Development
11.17 Petronas Chemicals Group
11.17.1 Company Snapshot
11.17.2 Revenue Analysis
11.17.3 Product Portfolio
11.17.4 Recent Development
11.18 Pjsc Sibur Holding
11.18.1 Company Snapshot
11.18.2 Product Portfolio
11.18.3 Recent Developments
11.19 Sasol
11.19.1 Company Snapshot
11.19.2 Revenue Analysis
11.19.3 Product Portfolio
11.19.4 Recent Developments
11.20 Tpc Group
11.20.1 Company Snapshot
11.20.2 Product Portfolio
11.20.3 Recent Developments
12 Questionnaire
13 Related Reports
Table 1 North America Olefins And Aromatics Market, By Product, 2022-2031 (Usd Million)
Table 2 North America Olefins And Aromatics Market, By Product, 2022-2031 (Kilo Tons)
Table 3 North America Ethylene In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 4 North America Ethylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 5 North America Propylene In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 6 North America Propylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 7 North America Xylene In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 8 North America Benzene In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 9 North America Benzene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 10 North America Toluene In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 11 North America Toluene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 12 North America Butadiene In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 13 North America Butadiene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 14 North America Olefins And Aromatics Market, By Vertical, 2022-2031 (Usd Million)
Table 15 North America Packaging In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 16 North America Packaging In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 17 North America Building And Construction In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 18 North America Building And Construction In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 19 North America Automotive In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 20 North America Automotive In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 21 North America Electronics And Electricals In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 22 North America Household In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 23 North America Healthcare In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 24 North America Agriculture In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 25 North America Agriculture In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 26 North America Crop Protection Chemicals In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 27 North America Others In Olefins And Aromatics Market, By Region, 2022-2031 (Usd Million)
Table 28 North America Olefins And Aromatics Market, By Country, 2022-2031 (Usd Million)
Table 29 North America Olefins And Aromatics Market, By Country, 2022-2031 (Kilo Tons)
Table 30 North America Olefins And Aromatics Market, By Product, 2022-2031 (Usd Million)
Table 31 North America Olefins And Aromatics Market, By Product, 2022-2031 (Kilo Tons)
Table 32 North America Ethylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 33 North America Propylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 34 North America Benzene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 35 North America Toluene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 36 North America Butadiene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 37 North America Olefins And Aromatics Market, By Vertical, 2022-2031 (Usd Million)
Table 38 North America Packaging In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 39 North America Building And Construction In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 40 North America Automotive In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 41 North America Agriculture In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 42 North America Crop Protection Chemicals In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 43 U.S. Olefins And Aromatics Market, By Product, 2022-2031 (Usd Million)
Table 44 U.S. Olefins And Aromatics Market, By Product, 2022-2031 (Kilo Tons)
Table 45 U.S. Ethylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 46 U.S. Propylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 47 U.S. Benzene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 48 U.S. Toluene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 49 U.S. Butadiene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 50 U.S. Olefins And Aromatics Market, By Vertical, 2022-2031 (Usd Million)
Table 51 U.S. Packaging In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 52 U.S. Building And Construction In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 53 U.S. Automotive In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 54 U.S. Agriculture In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 55 U.S. Crop Protection Chemicals In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 56 Canada Olefins And Aromatics Market, By Product, 2022-2031 (Usd Million)
Table 57 Canada Olefins And Aromatics Market, By Product, 2022-2031 (Kilo Tons)
Table 58 Canada Ethylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 59 Canada Propylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 60 Canada Benzene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 61 Canada Toluene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 62 Canada Butadiene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 63 Canada Olefins And Aromatics Market, By Vertical, 2022-2031 (Usd Million)
Table 64 Canada Packaging In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 65 Canada Building And Construction In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 66 Canada Automotive In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 67 Canada Agriculture In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 68 Canada Crop Protection Chemicals In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 69 Mexico Olefins And Aromatics Market, By Product, 2022-2031 (Usd Million)
Table 70 Mexico Olefins And Aromatics Market, By Product, 2022-2031 (Kilo Tons)
Table 71 Mexico Ethylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 72 Mexico Propylene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 73 Mexico Benzene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 74 Mexico Toluene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 75 Mexico Butadiene In Olefins And Aromatics Market, By Application, 2022-2031 (Usd Million)
Table 76 Mexico Olefins And Aromatics Market, By Vertical, 2022-2031 (Usd Million)
Table 77 Mexico Packaging In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 78 Mexico Building And Construction In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 79 Mexico Automotive In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 80 Mexico Agriculture In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Table 81 Mexico Crop Protection Chemicals In Olefins And Aromatics Market, By Category, 2022-2031 (Usd Million)
Figure 1 North America Olefins And Aromatics Market
Figure 2 North America Olefins And Aromatics Market: Data Triangulation
Figure 3 North America Olefins And Aromatics Market: Droc Analysis
Figure 4 North America Olefins And Aromatics Market: North America Vs Regional Market Analysis
Figure 5 North America Olefins And Aromatics Market: Company Research Analysis
Figure 6 North America Olefins And Aromatics Market: Multivariate Modelling
Figure 7 North America Olefins And Aromatics Market: Interview Demographics
Figure 8 North America Olefins And Aromatics Market: Dbmr Market Position Grid
Figure 9 North America Olefins And Aromatics Market: Vendor Share Analysis
Figure 10 North America Olefins And Aromatics Market: Segmentation
Figure 11 North America Olefins And Aromatics Market: Executive Summary
Figure 12 Six Segments Comprise The North America Olefins And Aromatics Market, By Product, (2023)
Figure 13 North America Olefins And Aromatics Market: Strategic Decisions
Figure 14 Growth In Demand For Polymers In Industries Such As Automotive And Construction Segment Is Expected To Drive The North America Olefins And Aromatics Market In The Forecast Period
Figure 15 The Ethylene Segment Is Expected To Account For The Largest Share Of The North America Olefins And Aromatics Market In 2024 And 2031
Figure 16 Pestel Analysis
Figure 17 Porter’s Five Forces
Figure 18 Value Chain Of North America Olefins And Aromatics Market
Figure 19 Vendor Selection Criteria
Figure 20 Asia Pacific Production Projections For Olefins And Aromatics In Plastic Industry
Figure 21 South East Asia Production Projections For Olefins And Aromatics In Plastic Industry
Figure 22 Naptha Price From 2020 To 2025:-
Figure 23 Crude Oil Price From 2020 To 2025:-
Figure 24 Natural Gas Price From 2020 To 2025:-
Figure 25 Coal Price From 2020 To 2025:-
Figure 26 Production Consumption Analysis: North America Olefins And Aromatics Market
Figure 27 Drivers, Restraints, Opportunities And Challenges For North America Olefins And Aromatics Market
Figure 28 North America Olefins And Aromatics Market: By Product 2023
Figure 29 North America Olefins And Aromatics Market: By Vertical 2023
Figure 30 North America Olefins And Aromatics Market: Snapshot (2023)
Figure 31 North America Olefins And Aromatics Market: Company Share 2023 (%)

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