Market Overview:
The global M-xylene market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for M-xylene from various applications such as additives and sealants, rubber goods, pesticide, chemical processing, and other applications. In terms of region, Asia Pacific is expected to lead the global M-xylene market during the forecast period followed by Europe and North America.
Product Definition:
M-Xylene is a colorless, oily liquid with a sweet odor. It is used as an intermediate in the production of polyester fibers, plastics, and other chemicals.
Above 99.5% Purity:
99.5% or more purity refers to the concentration of a chemical substance in a liquid, which has not more than 0.5% impurities on dry solids basis.
It is used as feedstock for manufacturing M-Xylene and its downstream derivatives such as ethylbenzene, cumene etc.
98%-99.5% Purity:
98%-99.5% Purity is a form of Hexane Diol (HD). It is a colorless and highly flammable liquid with an odor similar to gasoline. 98%-99.5% Purity means that the product contains at least 98% of the total hexane content, and at most 99.5%.
Application Insights:
The global M-xylene market has been segmented on the basis of application into additives and sealants, rubber goods, pesticides, chemical processing and other applications. The chemical processing segment held a major share in 2017. This is attributed to increasing demand for xylene from various sectors such as oil & gas, construction materials and others.
Chemical Processing was the second largest application of xylenes globally in 2017 owing to its use as an intermediate product in several end-use industries such as pharmaceuticals petrochemicals etc.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 60% in 2017 owing to high product demand from various end-use industries, such as construction, automotive, and agriculture. China is projected to remain a key consumer due to rapid industrialization along with increasing foreign investments in the country.
The rubber goods application segment dominated global m-xylene demand owing to high product consumption by tire manufacturers across Europe and North America. In addition, growing automobile production coupled with stringent regulations on fuel emissions by governments across these regions are likely boost product demand further over the next eight years.
North America emerged as one of the major consumers of global m-xylene market on account of rising use in chemical processing applications along with other end-use industries such as cosmetics.
Growth Factors:
- Increasing demand from the automotive and construction industries as a result of rapid urbanization and industrialization in developing countries.
- Growing use of M-xylene in production of polyester fibers, films, and bottles due to its superior properties such as high strength, low weight, heat resistance, and chemical stability.
- Rising demand for M-xylene in production of solvents used in paints & coatings, adhesives & sealants, pharmaceuticals etc., due to its excellent volatility and evaporation characteristics.
- Increasing application scope of M-xylene as a reactant for manufacturing BTX aromatics (benzene, toluene xylenes) which are used as basic feedstock for manufacturing plastics & other chemicals products.
Scope Of The Report
Report Attributes
Report Details
Report Title
M-Xylene Market Research Report
By Type
Above 99.5% Purity, 98%-99.5% Purity
By Application
Additives and sealants, Rubber goods, Pesticide, Chemical Processing, Other
By Companies
Huntsman, Dow, Sinopec Group, Lotte Chemical, CEPSA, Mitsubishi Gas Chemical, Chevron Philips Chemical, TORAY, Formosa Chemicals & Fibre, Suzhou Jiutai Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global M-Xylene Market Report Segments:
The global M-Xylene market is segmented on the basis of:
Types
Above 99.5% Purity, 98%-99.5% Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Additives and sealants, Rubber goods, Pesticide, Chemical Processing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Huntsman
- Dow
- Sinopec Group
- Lotte Chemical
- CEPSA
- Mitsubishi Gas Chemical
- Chevron Philips Chemical
- TORAY
- Formosa Chemicals & Fibre
- Suzhou Jiutai Group
Highlights of The M-Xylene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Above 99.5% Purity
- 98%-99.5% Purity
- By Application:
- Additives and sealants
- Rubber goods
- Pesticide
- Chemical Processing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the M-Xylene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
M-Xylene is a chemical that is used as a solvent and paint thinner.
Some of the major players in the m-xylene market are Huntsman, Dow, Sinopec Group, Lotte Chemical, CEPSA, Mitsubishi Gas Chemical, Chevron Philips Chemical, TORAY, Formosa Chemicals & Fibre, Suzhou Jiutai Group.
The m-xylene market is expected to register a CAGR of 3.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 M-Xylene Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 M-Xylene Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 M-Xylene Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the M-Xylene Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global M-Xylene Market Size & Forecast, 2020-2028 4.5.1 M-Xylene Market Size and Y-o-Y Growth 4.5.2 M-Xylene Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Above 99.5% Purity
5.2.2 98%-99.5% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Additives and sealants
6.2.2 Rubber goods
6.2.3 Pesticide
6.2.4 Chemical Processing
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global M-Xylene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 M-Xylene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Above 99.5% Purity
9.6.2 98%-99.5% Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Additives and sealants
9.10.2 Rubber goods
9.10.3 Pesticide
9.10.4 Chemical Processing
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Above 99.5% Purity
10.6.2 98%-99.5% Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Additives and sealants
10.10.2 Rubber goods
10.10.3 Pesticide
10.10.4 Chemical Processing
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Above 99.5% Purity
11.6.2 98%-99.5% Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Additives and sealants
11.10.2 Rubber goods
11.10.3 Pesticide
11.10.4 Chemical Processing
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Above 99.5% Purity
12.6.2 98%-99.5% Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Additives and sealants
12.10.2 Rubber goods
12.10.3 Pesticide
12.10.4 Chemical Processing
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Above 99.5% Purity
13.6.2 98%-99.5% Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Additives and sealants
13.10.2 Rubber goods
13.10.3 Pesticide
13.10.4 Chemical Processing
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 M-Xylene Market: Competitive Dashboard
14.2 Global M-Xylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Huntsman
14.3.2 Dow
14.3.3 Sinopec Group
14.3.4 Lotte Chemical
14.3.5 CEPSA
14.3.6 Mitsubishi Gas Chemical
14.3.7 Chevron Philips Chemical
14.3.8 TORAY
14.3.9 Formosa Chemicals & Fibre
14.3.10 Suzhou Jiutai Group