Press release
2022 Global Xylene Market Size, Share, Growth, Trends and Industry Outlook by 2031
The global Xylene market report by the business research company 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). PET is used in industries such as beverage packaging, consumer goods, sheets & films, food packaging, automotive, and construction. The increase in the need for packaging material has increased the demand for PET and hence contributes to the growth of the paraxylene market. To meet the increasing demand for paraxylene, new production plants have been set up.The global xylene market size is expected to grow from $178.45 billion in 2021 to $189.34 billion in 2022 at a compound annual growth rate (CAGR) of 6.1%. The global xylene market size is expected to grow to $237.54 billion in 2026 at a CAGR of 5.8%.
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Asia Pacific was the largest region in the xylene market in 2021. Middle East was the second-largest region in the global xylene market. The regions covered in the global xylene market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players 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, and JX Nippon Oil and Energy Corporation.
The global xylene market is segmented -
1) By Type: Ortho-Xylene, Meta-Xylene, Para-Xylene, Mixed Xylene
2) By Application: Automotive, Textile, Chemical, Oil and Gas, Leather, Paints and Coatings, Rubber
3) By End User: Plastics and Polymers, Paints and Coatings, Adhesives, Other End Users
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The Xylene Market Report Contents Include
1. Executive Summary
2. Xylene Market Characteristics
3. Xylene Market Trends And Strategies
4. Impact Of COVID-19 On Xylene
5. Xylene Market Size And Growth
....
26. Africa Xylene Market
27. Xylene Market Competitive Landscape And Company Profiles
28. Xylene Pipeline Analysis
29. Key Mergers And Acquisitions In The Xylene Market
30. Xylene Market Future Outlook and Potential Analysis
31. Appendix
This 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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