Xylene Market Size, Share, Growth, Trends and Analysis Upto 2021
The Xylene Market Research Report provides Industry analysis and evaluation of the current & prospective Market Size, Share, Trend and Growth during the study period (2014–2021).
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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.
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.
British Petroleum (BP), JX Nippon Oil & Energy, Reliance Industries, ExxonMobil, BASF, Braskem, Chevron Phillips Chemical, Dragon Aromatics, Fujian Refining & Petrochemical, Toray Industries, Pemex, Kuwait Paraxylene Production, Samsung Total Petrochemicals, Abu Dhabi National Chemicals, CNPC, Formosa Plastics, GS Caltex, Hyundai Cosmo, etc. are the major companies in the global xylene market.
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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.
Major player assessed in the report are :
– British Petroleum (BP)
– JX Nippon Oil & Energy
– Reliance Industries
– Fujian Refining & Petrochemical
– Toray Industries
– Kuwait Paraxylene Production
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.
Major Table of Contents :
1.INTRODUCTION OF XYLENE MARKET
3.MARKET ANALYSIS OF XYLENE
4.XYLENE MARKET ANALYSIS BY TYPES :
– Mixed Xylenes
5.XYLENE MARKET ANALYSIS BY REGION
6.COMPETITIVE LANDSCAPE OF XYLENE COMPANIES
7.COMPANY PROFILES OF XYLENE INDUSTRY
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