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Meta-Xylene Market CAGR of 5.20% in the forecast period of 2021 to 2030., Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Data Bridge Market Research analyses that the meta-xylene market is expected to reach USD 303.11 billion by 2030, which is USD 202.06 billion in 2022, registering a CAGR of 5.20% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.Download Sample PDF Copy of this Report to understand structure of the complete report (Including Full TOC, Table & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-meta-xylene-market
Market Overview:
Xylene is a colorless and unstable liquid hydrocarbon which is obtained from wood, coal and petroleum. Meta-xylene is an isomer of para-xylene and ortho-xylene. It is an aromatic hydrocarbon, with two methyl substituent which attached at the meta positions of the benzene ring. It is generally used in the production of 1, 3-Dimethylbenzene, Isophthalic acid, 1, 3-xylene, m-xylol, and m-dimethylbenzene are some other names of the chemical.
Some of the major players operating in the meta-xylene market are:
BASF SE (Germany)
MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan)
LOTTE Chemical CORPORATION (South Korea)
Shell Plc. (U.K.)
Chevron Phillips Chemical Company LLC. (U.S.)
BP PLC (U.K.)
Thermo Fisher Scientific (U.S.)
Merck KGaA (Germany)
Meta-Xylene Market Regional Analysis/Insights
Global meta-xylene market is analyzed and market size insights and trends are provided by country, type, application and end user as referenced above.
The countries covered in the meta-xylene market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the meta-xylene market in terms of revenue growth and market share because of the large-scale production of polyethylene terephthalate (PET) plastic. Furthermore, rapid increase in the manufacture capacity of m-xylene by major market players and high consumption of carbonated alcoholic beverages and soft drinks will further boost the market growth.
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