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Paraxylene Market to reach USD 79.41 Bn by 2029, Technological Advancements and Growth Opportunities
Paraxylene Market
Paraxylene Market Report Scope and Research Methodology
The report includes the analysis of the impact of COVID-19 lock-down on the revenue of market leaders, followers, and disruptors. Since the lock-down was implemented differently in different regions and countries, the impact of the same is also different by regions and segments.
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The report has covered the current short-term and long-term impact on the market, which will help decision-makers prepare the outline for short-term and long-term strategies for companies by region. The report also provides a comprehensive analysis of the global Paraxylene Market, including all stakeholders of the industry.
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Paraxylene Market Dynamics
The increased demand for polyester fabric is a major driver of the Paraxylene Market. Two-thirds of the Paraxylene produced are utilized in polyester fabric applications. Purified Terephthalic Acid (PTA) in the polyester application process is projected to uplift the Paraxylene Market at a greater extent. The high demand for PET and low cost and superior physical properties of PET, compared to natural fibers, also contribute to market growth. Bio-based Paraxylene is gaining popularity due to the trend of bioplastic.
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However, the Paraxylene Market is facing restraints, such as fluctuating crude oil prices, which affect the production cost of Paraxylene. The high competition in the market is also a significant challenge for market growth.
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Paraxylene Market Regional Insights
The Paraxylene Market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America held the dominant market share in 2021 and is expected to continue its dominance during the forecast period.
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Paraxylene Market Segmentation
By Application:
• Purified Terephthalic Acid
• Dimethyl Terephthalate
• Others
By End-Use:
• Plastic Industry
• Textile Industry
• Others
Paraxylene Market Key Competitors include:
• JX Nippon Oil & Energy Corp.
• Reliance Industries Ltd.
• CNPC
• S-Oil
• FCFC
• Dragon
• GS Caltex
• ONGC
• Orpic
• ExxonMobil
• Dalian Fujia Dahua
• Toyo
• Pertamina
• Teijin Fibers
• British Petroleum (BP)
• ExxonMobil
• BASF
• Braskem
• Chevron Phillips Chemical
• Dragon Aromatics
• Fujian Refining & Petrochemical
• Toray Industries
• Pemex
• Kuwait Paraxylene Applicationion
• Samsung Total Petrochemicals
Table of Content for Paraxylene Market
Global Paraxylene Market: Research Methodology
Global Paraxylene Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Paraxylene Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Paraxylene Market Segmentation
Global Market, by Application (2021-2029)
Global Market, by End-Use (2021-2029)
Regional Paraxylene Market (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End-Use (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Application and End-Use
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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