Press release
Xylene Market Size 2020 – Latest Demand Insights, and On-going Trends Analysis by Top Manufacturers, and Growth Status Forecast to 2023
Xylene Market
The global xylene market reached a value of nearly $40.7 billion in 2019, having grown at a compound annual growth rate (CAGR) of 3.84% since 2015, and is expected to grow at a CAGR of -2.49% to nearly $36.8 billion by 2023.
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The xylene market consists of the sales of xylene and related services used in printing, rubber and leather industries. Xylene is a chemical compound having isomers made from refined petroleum or liquid hydrocarbons. Xylene can also occur naturally in petroleum and coal tar. It is a colorless, insoluble, flammable liquid with a sweet odor. Xylene is used as a cleaning agent, paint thinner and remover, varnish, airplane fuel, gasoline, rust preventatives, pesticides, lacquers.
The increasing demand for paraxylene across the globe contributes to the growth of the xylene market. Paraxylene is one of the isomers of xylene and is essential in the production of polyethylene terephthalate (PET).
Xylene Market Segmentation:
By Type:
1.Ortho-Xylene
2.Meta-Xylene
3.Para-Xylene
4.Mixed Xylene
By End-use:
1.Plastics and Polymers
2.Paints and Coatings
3.Adhesives
By Application:
1.Automotive
2.Textile
3.Chemical, Oil and Gas
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Few Points From Table Of Content
1. Executive Summary
2. Xylene Market Characteristics
3. Xylene Market Size And Growth
4. Xylene Market Segmentation
5. Xylene Market Regional And Country Analysis
……
26. Key Mergers And Acquisitions In The Xylene Market
27. Xylene Market Trends And Strategies
28. Xylene Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Xylene Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Xylene Market are Braskem S.A., ExxonMobil Corporation, Honeywell International Inc., BP PLC, Chevron Phillips Chemical, Merck KGaA, Mitsubishi Gas Chemical Company, US Petrochemical Industries Inc., Braskem, JX Nippon Oil and Energy Corporation.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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