Press release
Global Xylene Market Expected To Grow At CAGR Of 7.49% Between Years 2017-2021
Xylenes are petrochemicals produced during the manufacturing of coke fuel, which involves catalytic reforming and coal carbonization. They are also extracted from natural resources, such as tar, and through wood distillation. Due to their various chemical properties, they are used in several end-user industries, such as construction, textile, packaging, automotive, and medical, as a feedstock or as a solvent. Generally, xylenes are produced as a part of BTX aromatics. They are extracted from the product known as reformate. They are also derived from various sources within a refinery including toluene disproportionation and pyrolysis gasoline.
Technavios analysts forecast the global xylene market to grow at a CAGR of 7.49% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global xylene market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Xylene Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Braskem
Exxon Mobil
Formosa Chemicals & Fibre
JXTG Nippon Oil & Energy Corporation
Reliance Industries
Royal Dutch Shell
US Petrochemical
Other prominent vendors
Banner Chemicals
China National Petroleum Corporation
Chevron Phillips Chemical Company
GS Caltex
Gazprom Neft PJSC
KETUL CHEM
Koch FHR
LOTTE CHEMICAL
Mangalore Refinery & Petrochemicals
MP Biomedicals
MITSUBISHI GAS CHEMICAL COMPANY
Nutan Chemicals
PTT Global Chemical
RIDHDHI SIDHDHI CHEMICALS
Sigma-Aldrich
THAI OIL
Total
Triveni chemicals
Versalis
Vinmar International
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Market driver
Increased demand from automobile industry
For a full, detailed list, view our report
Market challenge
Logistical concern related to hazardous chemicals
For a full, detailed list, view our report
Market trend
Recycling of PET
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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