Market Overview:
The global O-xylene market is expected to grow at a CAGR of 4.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for paints, cosmetics, and other applications across different regions. In terms of volume, Asia Pacific is expected to lead the global O-xylene market during the forecast period.
Product Definition:
O-Xylene is an aromatic hydrocarbon with the molecular formula C6H4(CH3)2. It is a colorless liquid that is slightly soluble in water and has a sweet odor. It is used as a solvent and in the production of plastics, resins, and other chemicals.
Phthalic Anhydride (PAN):
O-Xylene is a colorless liquid that is miscible in water and other organic solvents. It has a strong odor similar to that of gasoline. Owing to its chemical properties, it is used as an intermediate for manufacturing various chemicals such as pesticides, herbicides, and pharmaceutical drugs among others.
Alkyd Resins:
Alkyd resins are synthetic thermosetting polymers containing alkyd groups. They are produced by the reaction of a polymer with an alkaline catalyst and contain at least one primary amine group. The most common types of alkyd resins include acrylic, styrene-butadiene, acryloyl, and epoxy resin.
Application Insights:
Paints was the largest application segment and accounted for a market share of over 35% in terms of revenue in 2017. O-Xylene is used as an additive to improve adhesion, hardness, and glossiness of paints. It is also used as a reactant in the preparation of pigments for use in paints. Increasing construction activities across developing countries are expected to drive demand for paints during the forecast period. This factor along with growing urbanization will fuel o-xylene consumption over the next eight years.
Owing to its low toxicity compared to other solvents such as ethanol or methyl alcohol, o-xylene has been approved by ULC (Underwriters Laboratories) under their Non-Toxic Product Group category since 2008 under European Union (EU) regulations on classification and labelling of hazardous products including pesticides.
Regional Analysis:
Asia Pacific emerged as the leading regional market in 2017 and accounted for over 50% of the global revenue share. The region is also expected to be the fastest-growing market at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization, improving economic conditions, and rising product demand from construction sector in emerging countries such as China, India, Indonesia & Vietnam.
China was one of the largest producers and consumers for o-xylene globally on account of easy availability of raw materials coupled with high demand from end-use industries such as paints & coatings; plastics; cosmetics; woodworking machinery manufacturing; automotive interior components manufacturing etc. However, due to ban on exports by U.S., Chinese manufacturers have been shifting their production bases outside China which will result in lower volumes being consumed by end users over next few years thereby affecting industry growth adversely.
Growth Factors:
- Increasing demand from the automotive and construction industries as a result of growth in global GDP.
- Rising demand for o-xylene in China and other Asian countries due to increasing population and rising income levels.
- Growing use of o-xylene in production of polyesters, plastics, solvents, and other chemicals.
- Technological advancements that have led to development of new applications for o-xylene in the electronics, pharmaceuticals, and other industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
O-Xylene Market Research Report
By Type
Phthalic Anhydride (PAN), Alkyd Resins, Polyvinyl Chloride Resins, Unsaturated Polyester Resins
By Application
Paints, Cosmetics, Glass-Reinforced Thermosets, Bactericides, Soya Bean Herbicides, Lube Oil Additives
By Companies
Creasyn Finechem (Tianjin) Co., ltd., Reliance industries ltd., Puritan Products, Inc., Formosa chemicals & fibre corporation, DynaChem Inc., Sinopec, Dow Chemical Company, Shell Chemicals, UOP, Sunoco Chemicals Inc., Creasyn Finechem (Tianjin) Co., ltd., Doe & Ingalls Inc., BASF SE, Minda Petrochemicals (P) Limited
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global O-Xylene Market Report Segments:
The global O-Xylene market is segmented on the basis of:
Types
Phthalic Anhydride (PAN), Alkyd Resins, Polyvinyl Chloride Resins, Unsaturated Polyester Resins
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
Paints, Cosmetics, Glass-Reinforced Thermosets, Bactericides, Soya Bean Herbicides, Lube Oil Additives
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:
- Creasyn Finechem (Tianjin) Co., ltd.
- Reliance industries ltd.
- Puritan Products, Inc.
- Formosa chemicals & fibre corporation
- DynaChem Inc.
- Sinopec
- Dow Chemical Company
- Shell Chemicals
- UOP
- Sunoco Chemicals Inc.
- Creasyn Finechem (Tianjin) Co., ltd.
- Doe & Ingalls Inc.
- BASF SE
- Minda Petrochemicals (P) Limited
Highlights of The O-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:
- Phthalic Anhydride (PAN)
- Alkyd Resins
- Polyvinyl Chloride Resins
- Unsaturated Polyester Resins
- By Application:
- Paints
- Cosmetics
- Glass-Reinforced Thermosets
- Bactericides
- Soya Bean Herbicides
- Lube Oil Additives
- 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 O-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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
O-Xylene is a chemical compound with the molecular formula C8H10. It is a colorless, flammable liquid that has a sweet odor. O-Xylene is used in manufacturing plastics and other materials.
Some of the major companies in the o-xylene market are Creasyn Finechem (Tianjin) Co., ltd., Reliance industries ltd., Puritan Products, Inc., Formosa chemicals & fibre corporation, DynaChem Inc., Sinopec, Dow Chemical Company, Shell Chemicals, UOP, Sunoco Chemicals Inc., Creasyn Finechem (Tianjin) Co., ltd., Doe & Ingalls Inc., BASF SE, Minda Petrochemicals (P) Limited.
The o-xylene market is expected to grow at a compound annual growth rate of 4.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 O-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 O-Xylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 O-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 O-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 O-Xylene Market Size & Forecast, 2020-2028
4.5.1 O-Xylene Market Size and Y-o-Y Growth
4.5.2 O-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 Phthalic Anhydride (PAN)
5.2.2 Alkyd Resins
5.2.3 Polyvinyl Chloride Resins
5.2.4 Unsaturated Polyester Resins
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 Paints
6.2.2 Cosmetics
6.2.3 Glass-Reinforced Thermosets
6.2.4 Bactericides
6.2.5 Soya Bean Herbicides
6.2.6 Lube Oil Additives
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global O-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 O-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 Phthalic Anhydride (PAN)
9.6.2 Alkyd Resins
9.6.3 Polyvinyl Chloride Resins
9.6.4 Unsaturated Polyester Resins
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 Paints
9.10.2 Cosmetics
9.10.3 Glass-Reinforced Thermosets
9.10.4 Bactericides
9.10.5 Soya Bean Herbicides
9.10.6 Lube Oil Additives
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 Phthalic Anhydride (PAN)
10.6.2 Alkyd Resins
10.6.3 Polyvinyl Chloride Resins
10.6.4 Unsaturated Polyester Resins
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 Paints
10.10.2 Cosmetics
10.10.3 Glass-Reinforced Thermosets
10.10.4 Bactericides
10.10.5 Soya Bean Herbicides
10.10.6 Lube Oil Additives
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 Phthalic Anhydride (PAN)
11.6.2 Alkyd Resins
11.6.3 Polyvinyl Chloride Resins
11.6.4 Unsaturated Polyester Resins
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 Paints
11.10.2 Cosmetics
11.10.3 Glass-Reinforced Thermosets
11.10.4 Bactericides
11.10.5 Soya Bean Herbicides
11.10.6 Lube Oil Additives
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 Phthalic Anhydride (PAN)
12.6.2 Alkyd Resins
12.6.3 Polyvinyl Chloride Resins
12.6.4 Unsaturated Polyester Resins
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 Paints
12.10.2 Cosmetics
12.10.3 Glass-Reinforced Thermosets
12.10.4 Bactericides
12.10.5 Soya Bean Herbicides
12.10.6 Lube Oil Additives
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 Phthalic Anhydride (PAN)
13.6.2 Alkyd Resins
13.6.3 Polyvinyl Chloride Resins
13.6.4 Unsaturated Polyester Resins
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 Paints
13.10.2 Cosmetics
13.10.3 Glass-Reinforced Thermosets
13.10.4 Bactericides
13.10.5 Soya Bean Herbicides
13.10.6 Lube Oil Additives
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 O-Xylene Market: Competitive Dashboard
14.2 Global O-Xylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Creasyn Finechem (Tianjin) Co., ltd.
14.3.2 Reliance industries ltd.
14.3.3 Puritan Products, Inc.
14.3.4 Formosa chemicals & fibre corporation
14.3.5 DynaChem Inc.
14.3.6 Sinopec
14.3.7 Dow Chemical Company
14.3.8 Shell Chemicals
14.3.9 UOP
14.3.10 Sunoco Chemicals Inc.
14.3.11 Creasyn Finechem (Tianjin) Co., ltd.
14.3.12 Doe & Ingalls Inc.
14.3.13 BASF SE
14.3.14 Minda Petrochemicals (P) Limited
