Press release
Xylene Market Growth, Demand, Future Trends And Key Players - Braskem S.A., ExxonMobil Corporation, Honeywell International Inc., BP PLC., Chevron Phillips Chemical
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the xylene market report by The Business Research Company, 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). 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 materials has increased the demand for PET and hence contributed 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 will grow from $202.06 billion in 2022 to $210.66 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The global xylene market size is expected to grow from $246.43 billion in 2027 at a CAGR of 4.0%.
Read More On The Xylene Market Report Here:
https://www.thebusinessresearchcompany.com/report/xylene-global-market-report
Major competitors in the xylene market include Braskem S.A., ExxonMobil Corporation, Honeywell International Inc., BP PLC., Chevron Phillips Chemical, Merck KGaA, Mitsubishi Gas Chemical Company.
The xylene market is segmented -
• By Type: Ortho-Xylene, Meta-Xylene, Para-Xylene, Mixed Xylene
• By Application: Automotive, Textile, Chemical, Oil and Gas, Leather, Paints and Coatings, Rubber
• By End User: Plastics and Polymers, Paints and Coatings, Adhesives, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the xylene market.
Request A Free Sample Of The Xylene Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2749&type=smp
The xylene market consists of the sales of xylene used as a cleaning agent, paint thinner and remover, varnish, airplane fuel, gasoline, rust preventatives, pesticides, and lacquers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Xylene Market Include:
1. Executive Summary
2. Xylene Market Characteristics
3. Xylene Market Trends And Strategies
4. Xylene Market - Macro Economic Scenario
5. Xylene Market Size And Growth
6. Xylene Market Segmentation
…………………
27. Xylene Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Xylene Market
29. Xylene Market Future Outlook And Potential Analysis
30. Appendix
The "Global Xylene Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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