Global Xylene Market report proposed the industry growth element coupled with the current scenario and projecting future trends based on historical and extensive research. The report offers in-depth study on the market sizing, share, trends and estimation over the forecast period 2018-2025. In addition to this, the report methodically examines 360 degree that boosts the market idea and to analyze the detailed profile of the key players in the market with their market share. Therefore, this report supports to move forward in the industry and prepare the strategic decision.
Xylene is an aromatic hydrocarbon mixture including benzene ring with two methyl groups. Also known as xylol or dimethylbenzene, xylene have three isomers namely orthoxylene (o-Xylol), metaxylene (m-Xylol) and paraxylene (p-Xylol) with IUPAC names 1,2-dimethylbenzene, 1,3-dimethylbenzene, and 1,4-dimethylbenzene respectively. Xylene is produced by various methods such reformate, coal carbonization, etc. it consist of 0.5–1% of crude oil depending on the production sources. In addition, it is found in gasoline and aircraft fuels. It is a colourless, sweet smelling but flammable in nature.
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Xylenes is majorly produced by reformate process from BTX aromatics. It is generally used as solvent in printing, leather and rubber industries; and cleaning agent in laboratories, and food manufacturing (wafers and chips), steel, silicon and integrated circuits. Also, used in thinning paints and varnishes as substituted for toluene, dentistry, petroleum industry, Global xylene market can be segmented based on its products such as mixed xylene (MX), orthoxylene, and metaxylene. Mixed xylene (MX) is further expanded in downstream derivative as paraxylene (PX). Xylene has applications such as terephthalic acid and its related derivatives, as solvent, in laboratory, precursor to other chemical compounds and others.
Cotton fibers production dearth and rising demand for polyester fibers are driving the global xylene market, especially in China. U.S. is likely to be a potential market for mixed xylene (MX), owing to volatility in crude and gasoline market. It is estimated that there will be rise in exports of paraxylene (PX) and mixed xylene (MX). Asia Pacific is projected to account as major market for upstream crude and downstream paraxylene (PX) market.
Major player assessed in the report are:
- British Petroleum (BP)
- JX Nippon Oil & Energy
- Reliance Industries
- ExxonMobil
- Fujian Refining & Petrochemical
- Toray Industries
- Kuwait Paraxylene Production
- Others
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
Table Of Contents – Overview
1.Introduction
2.Executive Summary
3.Market Analysis
4.Xylene Market Analysis By Types
5.Xylene Market Analysis By Region
6.Competitive Landscape Of Xylene Companies
7.Company Profiles Of Xylene Industry
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