Press release
Meta-Xylene Market Outlook, Strategies, Challenges, Advancements, Geography Analysis and Key Players Mitsubishi Gas Chemical Company Inc., Lotte Chemical Corporation, CEPSA, and Formosa Chemicals & Fibre Corporation
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Based on application, the m-xylene market has been categorized into isophthalic acid production; 2,4-xylidine and 2,6-xylidine production; solvent; and others. The “others” category includes the use of m-xylol in 2,4-dimethylbenzophenone production, in chemical syntheses, and as an intermediate in dyes and resins. Isophthalic acid production was the largest application area of m-xylol in the market during the historical period.
APAC is the largest market for m-xylene and contributed more than 70.0% revenue to the global market in 2017. The market growth in the region is mainly driven by the large-scale production of polyethylene terephthalate (PET) plastic, increase in the production capacity of m-xylene by key players, and growing consumption of carbonated soft drinks and alcoholic beverages.
Emerging economies, such as China, India, Brazil, Indonesia, and South Africa, will continue offering huge growth opportunities to the players operating in the m-xylene market. Over the years, these countries have witnessed rapid economic growth fueled by the growth in their automotive and packaging industries.
Read summary of report here :: https://www.psmarketresearch.com/market-analysis/meta-xylene-market
Some of the major players operating in the global m-xylene market are Mitsubishi Gas Chemical Company Inc., Lotte Chemical Corporation, CEPSA, and Formosa Chemicals & Fibre Corporation.
GLOBAL M-XYLENE MARKET SEGMENTATION
By Application
Isophthalic Acid Production
2,4-Xylidine and 2,6-Xylidine Production
Solvent
Others
By Geography
North America
U.S.
Canada
Europe
Spain
U.K.
Germany
Rest of Europe
Asia-Pacific (APAC)
China
South Korea
Japan
Rest of APAC
Rest of the World (RoW)
Saudi Arabia
Brazil
South Africa
Others
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