Market Overview:
The global xylene market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for xylene from various applications such as textile, packaging, automotive, medical and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing demand for xylene from countries such as China and India.
Product Definition:
A colorless, flammable liquid hydrocarbon with a boiling point of 138.5 degrees Celsius, xylene is used as an industrial solvent and in the manufacture of plastics, paints, and other chemicals.
Paraxylene:
Paraxylene, also known as xylene or benzene, is an organic compound derived from crude oil. It is a colorless and highly flammable liquid with a strong odor. Paraxylene can be produced by several methods including the hydrocyanation of benzene and via the chlorination of ethane.
Orthoxylene:
Orthoxylene is a colorless liquid with an odor similar to gasoline. Orthoxylene is derived from xylene and used as an intermediate in the production of polymers, resins, and other chemicals. The global orthoxylene market size was valued at USD 456 million in 2016 which has been witnessing growth over the past few years on account of increasing demand for plastics coupled with growing chemical industry across the globe.
Application Insights:
The textile application segment led the global xylene market in 2017 and is projected to witness significant growth over the forecast period. Xylene is used as a raw material for manufacturing various textiles such as polyester, cotton, etc. The rising demand for readymade garments has increased the consumption of xylene-based printing inks which are further utilized in textile applications.
Packaging was another prominent segment that accounted for a share of 15.1% of the global volume in 2017 owing to extensive use of plastics and paperboard packaging materials including kraft paper, corrugated fiberboard boxes among others which containxylenes derivatives such as bisphenol A epoxy resins and alkyl phenols among others.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of 71.0% in 2016 owing to high demand from textile, packaging, automotive and medical industries. China is one of the major countries that contribute towards rising demand for xylene across Asia Pacific on account of rapid industrialization coupled with growing domestic consumption due to low production cost as compared to other countries in the region.
The Middle East & Africa emerged as a lucrative market for paraxylene with increasing oil & gas industry activities mainly in Saudi Arabia, UAE and Qatar which are also some of the major consumers across this region owing their large population along with flourishing automobile industry which has resulted into high demand from end-use industries such as paints & coatings, plastics.
Growth Factors:
- Increasing demand from the paints and coatings industry as a solvent and intermediate
- Growing demand for xylene from the plastics industry as a precursor to polyesters, polyurethanes, and other plastics
- Increasing use of xylene in agrochemicals due to its solvency properties
- Rising demand for xylene in personal care products such as perfumes, deodorants, and cosmetics
- Growing popularity of green solvents owing to their environmental benefits
Scope Of The Report
Report Attributes
Report Details
Report Title
Xylene Market Research Report
By Type
Paraxylene, Orthoxylene, Others
By Application
Textile, Packaging, Automotive, Medical, Others
By Companies
Braskem, Exxon Mobil, Formosa Chemicals & Fibre(FCFC), JXTG Nippon Oil & Energy, Reliance, Royal Dutch Shell, US Petrochemical, Banner Chemicals, China National Petroleum, Chevron Phillips Chemical, Braskem, Gazprom Neft, KETUL CHEM, Koch FHR, LOTTE CHEMICAL, Mangalore Refinery & Petrochemicals
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Xylene Market Report Segments:
The global Xylene market is segmented on the basis of:
Types
Paraxylene, Orthoxylene, Others
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
Textile, Packaging, Automotive, Medical, Others
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:
- Braskem
- Exxon Mobil
- Formosa Chemicals & Fibre(FCFC)
- JXTG Nippon Oil & Energy
- Reliance
- Royal Dutch Shell
- US Petrochemical
- Banner Chemicals
- China National Petroleum
- Chevron Phillips Chemical
- Braskem
- Gazprom Neft
- KETUL CHEM
- Koch FHR
- LOTTE CHEMICAL
- Mangalore Refinery & Petrochemicals
Highlights of The 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:
- Paraxylene
- Orthoxylene
- Others
- By Application:
- Textile
- Packaging
- Automotive
- Medical
- Others
- 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 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?
Xylene is a colorless, flammable liquid with a sweet odor. It is used in manufacturing plastics and other materials.
Some of the major players in the xylene market are Braskem, Exxon Mobil, Formosa Chemicals & Fibre(FCFC), JXTG Nippon Oil & Energy, Reliance, Royal Dutch Shell, US Petrochemical, Banner Chemicals, China National Petroleum, Chevron Phillips Chemical, Braskem, Gazprom Neft, KETUL CHEM, Koch FHR, LOTTE CHEMICAL, Mangalore Refinery & Petrochemicals.
The xylene market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 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 Xylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Xylene Market Size & Forecast, 2020-2028
4.5.1 Xylene Market Size and Y-o-Y Growth
4.5.2 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 Paraxylene
5.2.2 Orthoxylene
5.2.3 Others
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 Textile
6.2.2 Packaging
6.2.3 Automotive
6.2.4 Medical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 Paraxylene
9.6.2 Orthoxylene
9.6.3 Others
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 Textile
9.10.2 Packaging
9.10.3 Automotive
9.10.4 Medical
9.10.5 Others
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 Paraxylene
10.6.2 Orthoxylene
10.6.3 Others
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 Textile
10.10.2 Packaging
10.10.3 Automotive
10.10.4 Medical
10.10.5 Others
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 Paraxylene
11.6.2 Orthoxylene
11.6.3 Others
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 Textile
11.10.2 Packaging
11.10.3 Automotive
11.10.4 Medical
11.10.5 Others
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 Paraxylene
12.6.2 Orthoxylene
12.6.3 Others
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 Textile
12.10.2 Packaging
12.10.3 Automotive
12.10.4 Medical
12.10.5 Others
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 Paraxylene
13.6.2 Orthoxylene
13.6.3 Others
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 Textile
13.10.2 Packaging
13.10.3 Automotive
13.10.4 Medical
13.10.5 Others
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 Xylene Market: Competitive Dashboard
14.2 Global Xylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Braskem
14.3.2 Exxon Mobil
14.3.3 Formosa Chemicals & Fibre(FCFC)
14.3.4 JXTG Nippon Oil & Energy
14.3.5 Reliance
14.3.6 Royal Dutch Shell
14.3.7 US Petrochemical
14.3.8 Banner Chemicals
14.3.9 China National Petroleum
14.3.10 Chevron Phillips Chemical
14.3.11 Braskem
14.3.12 Gazprom Neft
14.3.13 KETUL CHEM
14.3.14 Koch FHR
14.3.15 LOTTE CHEMICAL
14.3.16 Mangalore Refinery & Petrochemicals
