openPR Logo
Press release

Paraxylene Market to reach USD 79.41 Bn by 2029, Technological Advancements and Growth Opportunities

Paraxylene Market

Paraxylene Market

The global Paraxylene Market is expected to reach from USD 49.07 Bn in 2021 to USD 79.41 Bn by 2029, at a CAGR of 6.2 percent during the forecast period, according to the latest report by MMR.

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.

Get to Know More About This Market Study: https://www.maximizemarketresearch.com/market-report/paraxylene-market/14720/

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.

Request a Free Sample Copy or View Report Summary: https://www.maximizemarketresearch.com/request-sample/14720

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.

Request For Free Inquiry Report: https://www.maximizemarketresearch.com/inquiry-before-buying/14720

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.

Request For Free Sample Report: https://www.maximizemarketresearch.com/request-sample/14720

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.

Get Full Report Link : https://www.maximizemarketresearch.com/market-report/paraxylene-market/14720/

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

Maximize Market Research is leading Material & Chemical research firm, has also published the following reports

Global Polyphenylene Ether Alloy Market:https://www.maximizemarketresearch.com/market-report/global-polyphenylene-ether-alloy-market/63377/

Global Surface and Fire Protection Coating Market:https://www.maximizemarketresearch.com/market-report/global-surface-and-fire-protection-coating-market/71264/

Asia Pacific Phenolic Resin Market:https://www.maximizemarketresearch.com/market-report/asia-pacific-phenolic-resin-market/54648/

Global Stainless Steel Forgings Market:https://www.maximizemarketresearch.com/market-report/global-stainless-steel-forgings-market/29462/

Global Adhesive Transfer Tape Market:https://www.maximizemarketresearch.com/market-report/global-adhesive-transfer-tape-market/26969/

Global Disperse Dyes Market:https://www.maximizemarketresearch.com/market-report/global-disperse-dyes-market/92431/

Global Gas Monitoring System Market:https://www.maximizemarketresearch.com/market-report/global-gas-monitoring-system-market/82381/

Global Exterior Insulation and Finishing System (EIFS) Market:https://www.maximizemarketresearch.com/market-report/global-exterior-insulation-and-finishing-system-eifs-market/81576/

Sizing Agents Market:https://www.maximizemarketresearch.com/market-report/global-sizing-agents-market/24958/

Global Sodium Acetate Trihydrate Market:https://www.maximizemarketresearch.com/market-report/global-sodium-acetate-trihydrate-market/57198/

Global Wood Preservative Chemicals Market:https://www.maximizemarketresearch.com/market-report/global-wood-preservative-chemicals-market/112635/

UltraHighPurity Anhydrous Hydrogen Chloride (HCl) Gas Market:https://www.maximizemarketresearch.com/market-report/ultra-high-purity-anhydrous-hydrogen-chloride-hcl-gas-market/41356/

Global Kapton Tape Market:https://www.maximizemarketresearch.com/market-report/global-kapton-tape-market/88930/

Global Silicone Film Market:https://www.maximizemarketresearch.com/market-report/global-silicone-film-market/25852/

Global High-Performance Film Market:https://www.maximizemarketresearch.com/market-report/high-performance-film-market/122089/

Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Paraxylene Market to reach USD 79.41 Bn by 2029, Technological Advancements and Growth Opportunities here

News-ID: 3041219 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
The Courier Services Market size was valued at USD 453.56 Billion in 2024 and the total Courier Services revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 712.07 Billion. Courier Services Market Overview The global Courier Services Market has experienced significant growth, driven by the rising adoption of e-commerce, growing Internet penetration, and changing consumer lifestyles. Courier services provide quick, door-to-door delivery solutions for
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market was valued at USD 6.47 Billion in 2023, and it is expected to reach USD 17.83 Billion by 2030, exhibiting a CAGR of 15.58% during the forecast period (2024-2030). WealthTech Solutions Market Overview The global WealthTech Solutions Market is undergoing a transformative phase, driven by changing customer preferences, digital innovation, and evolving financial landscapes. WealthTech solutions provide digital tools and platforms that enhance operational efficiency for financial advisors, wealth
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR Growth
Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G …
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn. Rapid Test Market Overview The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence of
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAGR Growth
Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG …
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period. Agarwood Oil Market Overview Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widely

All 5 Releases


More Releases for Paraxylene

Paraxylene Prices, Chart, Trend, Index 2024 & Forecast Analysis
𝐏𝐚𝐫𝐚𝐱𝐲𝐥𝐞𝐧𝐞 𝐏𝐫𝐢𝐜𝐞 𝐈𝐧 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 • 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 1032 USD/MT During the second quarter of 2024, the paraxylene prices in the United States reached 1032 USD/MT in June. In Q2 2024, paraxylene prices in the USA fell due to a surplus in supply and weak demand. The latest report by IMARC Group, titled "𝐏𝐚𝐫𝐚𝐱𝐲𝐥𝐞𝐧𝐞 𝐏𝐫𝐢𝐜𝐞𝐬, 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒 𝐄𝐝𝐢𝐭𝐢𝐨𝐧," provides a thorough examination of
Global Paraxylene Market Analysis and Forecast, 2023-2028
The global paraxylene market was estimated at a market volume of 56 million tons in 2022 and is expected to grow at a significant CAGR of over 5.3% over the forecast period of 2023-2028. Technologies for producing paraxylene are constantly improving; such as catalytic methods, which have increased productivity and decreased production costs. The availability and competitiveness of the paraxylene market are improved as a result of these developments. The demand
Bio-based Paraxylene Market 2021 | Detailed Report
Global Bio-based Paraxylene Market 2021-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample PDF (including full TOC, Tables and Figures)
Global Bio Based Paraxylene Market Growth 2019-2024
LP INFORMATION offers a latest published report on Bio-based Paraxylene Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Bio-based Paraxylene market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular,
Paraxylene Px Market Perceive Robust Expansion by 2021
Paraxylene, also known as PX or P-Xylene, is an aromatic hydrocarbon compound, derived particularly from benzene. Paraxylene is a colorless, toxic, sweet-smelling, and highly flammable chemical at room temperature . It is found naturally in petroleum and coal tar. Paraxylene or P-Xylene is an isomer of xylene compound, derived from benzene. Some of the other isomers of xylene include O-xylene and M-xylene. Paraxylene finds its largest application in large-scale manufacturing
Paraxylene Px Market Perceive Robust Expansion by 2021
Paraxylene, also known as PX or P-Xylene, is an aromatic hydrocarbon compound, derived particularly from benzene. Paraxylene is a colorless, toxic, sweet-smelling, and highly flammable chemical at room temperature . It is found naturally in petroleum and coal tar. Paraxylene or P-Xylene is an isomer of xylene compound, derived from benzene. Some of the other isomers of xylene include O-xylene and M-xylene. Paraxylene finds its largest application in large-scale manufacturing