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Mixed Xylene Market Research Study for the Period 2017 - 2027

11-16-2017 11:04 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Mixed Xylene Market Research Study for the Period 2017 - 2027

Mixed Xylene also known as Xilol, is a mixture of three isomers meta-xylene, para-xylene and ortho-xylene, and in addition a certain amount of ethylebenzene. This colorless xylene is known in the market for its non-toxicity, high flammability and sweet odor. Additionally, mixed xylene is insoluble in water and spreads out on water surface if small amount of ingredients may be dissolved. Mixed xylenes are generally used in the production of ethylbenzene, as solvents in different products such as coatings and paints, and are blended into gasoline. Moreover, mixed xylene can be used in production of polymer, cleaning agent for steel and coating.

Mixed Xylene is traded in two grades, solvent grade and isomer grade depending on the specifications and uses. Both are colorless liquids and can be mixed well with organic solvents such as benzene, ether etc. Solvent grade mixed xylene is used as raw materials for perfume, medicine, organic pigment, dye, etc., and as general solvent for agriculture pesticides and paints. On the other side, isomer grade mixed xylene is used as raw material for producing para-xylene, meta-xylene and ortho-xylene products.

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Mixed Xylene Market: Market Dynamics

Global mixed xylene market is estimated to grow over the forecast period owing to their extensive use and demand from automotive, chemicals, metals and construction industries. Furthermore, growing demand from coating applications owing to its high performance is also expected to drive the global mixed xylene market over the forecast period. Moreover, features such as sweet odor, non-toxicity, powerful solvent, lower evaporation time than others solvents and highly preferred in leather, printing, chemicals, plastics and synthetic fiber industries are further expected to enhance the growth of mixed xylene market during the forecast period.

Short term inhalation exposure to mixed xylenes in humans results in neurological effects, irritation of the throat, nose and eyes and gastrointestinal effects. Long term inhalation exposure to mixed xylenes in humans results in cardiovascular, respiratory and kidney effects; central nervous system effects, such as dizziness, headache, tremors, incoordination and fatigue have also been reported. This hazards caused from mixed xylene are expected to hamper the growth of global mixed xylene market over the forecast period.

Mixed Xylene Market: Segmentation

The global mixed xylene market can be segmented on the basis of type and application.

On the basis of type, the mixed xylene market can be segmented into:

Solvent grade

Isomer grade

On the basis of application, the mixed xylene market can be segmented into:

Used in production of polymer

Used as a solvent and raw material of paraxylene

Used as a cleaning agent for steel

Used as a solvent in the rubber, printing, aviation gasoline additive and leather industries

Used in coating

Mixed Xylene Market: Region-Wise Outlook

North America, followed by Western Europe is expected to dominate the overall mixed xylene consumption and are estimated to register relatively steady growth during the forecast period. Asia Pacific is projected to register substantial growth owing to the growing automotive industry, where the mixed xylene find extensive usage. Growing coatings business in China, India and ASEAN countries are expected to further enhance the growth of mixed xylene market in the region during the forecast period. The Middle East & Africa and Latin America are expected to mark considerable growth during the forecast period owing to the growing manufacturing plants of various coating players and automotive production plants over the forecast period. Japan is expected to show relatively slower growth in mixed xylene market over the forecast period.

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Mixed Xylene Market: Market Participants

Some of the market participants identified across the value chain of global mixed xylene market include:

RIDHDHI SIDHDHI CHEMICALS

Qingdao Lidong Chemical Co. Ltd.

Fujian Refining & Petrochemical company Limited

Total Petrochemicals & Refining USA, Inc.

Shell Chemical LP

TAIYO OIL CO., LTD.

Idemitsu Kosan Co., Ltd.

Marathon Petroleum Corporation

YEOCHUN NCC CO., LTD.

Galp Energia

COSMO OIL Co., Ltd.

Formosa Chemicals and Fiber

Sinopec Yangzi Petrochemical

ExxonMobil

LOTTE CHEMICAL

SK Global Chemical Co., Ltd.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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