Xylene Market Size, Demands, Trends, Growth and Forecasts 2014 to 2021
The Xylene Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend and Growth during the study period (2014–2021).
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.
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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 etc.
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 is :
– British Petroleum (BP)
– JX Nippon Oil & Energy
– Reliance Industries
– Fujian Refining & Petrochemical
– Toray Industries
– Kuwait Paraxylene Production
– Samsung Total Petrochemicals
– Abu Dhabi National Chemicals
– Formosa Plastics
Decision Databases is involved in providing research reports and company profiles in the global xylene market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The xylene market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook.
SEGMENTATIONS IN REPORT :
1. Xylene By Products :
– Mixed Xylenes
2. Xylene By Applications :
– Terephthalic Acid And Its Derivatives
3. Xylene By Geography :
– Asia Pacific
– North America
– Latin America
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