Malaysia Aromatics Market, By Type (Benzene, Toluene, O-Xylene, P-Xylene, Others), By Application (Solvent, Additive), By End User Industry (Paint & Coatings, Adhesives, Pharmaceuticals, Chemicals, Automotive, Construction, Personal Care, Others), By Region, Competition, Forecast & Opportunities, 2018-2028F
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMalaysia Aromatics Market, By Type (Benzene, Toluene, O-Xylene, P-Xylene, Others), By Application (Solvent, Additive), By End User Industry (Paint & Coatings, Adhesives, Pharmaceuticals, Chemicals, Automotive, Construction, Personal Care, Others), By Region, Competition, Forecast & Opportunities, 2018-2028F
In 2022, the value of construction work by the public sector in Malaysia was valued at USD 5.91 billion.
For instance, Petronas Chemicals Aromatics Sdn. Bhd. is a joint venture between Japanese and Malaysian companies, capable of producing 540,000 tons of paraxylene and 200,000 tons of benzene per year.
Growing Demand from Construction Industry
For instance, in the 12th Malaysia Plan, the government announced its goal of developing 120 cities to achieve a sustainable city status by 2025, by providing additional support to private-sector projects implementing strategic development programs under Public Private Partnership (PPP) 3.0 model.
Rising Demand from Pharmaceutical Sector
Increasing Demand from Automotive Industry
For instance, Petronas developed benzene which is used as coating, electronic laminates, adhesives, and composite materials for aerospace and automotive industry.
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Recent Development
- In 2022, Honeywell completed the engineering assessment for Pengerang Energy Complex (PEC) Greenfield Integrated Condensate Splitter & Aromatic Complex located in Johor, Malaysia.
Market Segmentation
Company Profiles
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company shares, competitive landscape, growth factors, and trends |
| Segments covered | Type Application End User Industry |
| Region scope | East Malaysia, West Malaysia |
| Key companies profiled | PETRONAS Chemicals Group Berhad, Chevron Phillips Chemical Malaysia Sdn. Bhd., Shell Malaysia Plc, KP Malaysian corporation, ChemOne Group, BIS Chemicals Sdn Bhd., Brenntag Sdn. Bhd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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