Market Overview:
The global solvent-grade mixed xylenes market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The solvent-grade mixed xylenes market is segmented on the basis of type, application and region. On the basis of type, the solvent-grade mixed xylene market is segmented into: Solvent Grade Isomer Grade On the basis of application, the solvent-grade mixed xylene market is segmented into: Paint Aviation Gasoline Additive Others On the basis of region,the global solvent grade mixed xylenemarketis segmentedin North America, Latin America,, Europe,, Asia Pacificand Middle East & Africa.
Product Definition:
Solvent-grade mixed xylenes are a blend of three isomeric xylene compounds: ortho-xylene, para-xylene, and meta-xylene. Mixed xylenes are used as solvents in various applications, including paints and coatings, adhesives and sealants, printing inks and coatings, plastics processing additives, and other specialty chemicals.
Solvent Grade:
Solvent-grade mixed xylenes (SGMX) are a group of thermoplastic polymers comprising of 50% by volume or more of the copolymerized product Methylene diphenyl diisocyanate (MDI) and Polyoxypropylene (POP). SGMX is produced by reacting hexane-1,4-diisocyanate with POP in presence solvent. The reaction takes place at atmospheric pressure and temperature.
Isomer Grade:
Isomer grade is a mixture of isomers, which are derived from the same feedstock but processed in different ways to produce different products. The most commonly used feedstock for producing mixed xylenes (MX) and styrene-butadiene rubber (SBR) isomer grades are n-butane and benzene.
Application Insights:
The global solvent-grade mixed xylenes (SG MX) market is segmented by application into paint, aviation gasoline additive, other applications including adhesives and sealants and lubricants. The other applications segment dominated the overall industry in terms of revenue in 2017. This can be attributed to rising environmental concerns regarding paints that have led to a rise in the demand for automotive paints that are formulated with lower VOC content. As a result, mixed xylenes is being used as an alternative for paint formulation across the globe owing to its low toxicity towards humans and environment when compared with traditional solvents such as aromatics or aliphatic hydrocarbons.
Regional Analysis:
Asia Pacific was the dominant regional segment in 2017 and accounted for over 45% of the global market share. The region is expected to witness significant growth on account of rising product demand from end-use industries, such as construction, automotive, and others. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive industry expansion over the forecast period.
The Asia Pacific has been one of the largest manufacturing hubs for automobiles across various brands since last few years owing to low labor cost and easy availability of skilled workforce along with proper infrastructure facilities required for manufacturing vehicles. This factor is projected to propel product consumption in automobile applications thereby driving revenue generation in this region during the forecast period.
North America emerged as a prominent consumer due to high demand from end-use industries coupled with growing environmental regulations regarding solvent usage practices by manufacturers operating within this region have resulted in increased consumption levels which are projected favorably impact industry growth during the estimated time frame.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and printing inks
- Rising demand for solvent-grade mixed xylenes in emerging countries such as China and India
- Growing use of solvent-grade mixed xylenes in the production of polycarbonate resins
- Increasing application of solvent-grade mixed xylenes in the manufacture of high performance plastics
- Proliferation of new applications for solvent-grade mixed xylenes across a wide range of industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Solvent-Grade Mixed Xylenes Market Research Report
By Type
Solvent Grade, Isomer Grade
By Application
Solvent for Paint, Aviation Gasoline Additive, Others
By Companies
COSMO OIL, Pure Chemicals Co., Goyal Fine Fab Private Limited, Reliance, Chemex, Shell chemicals, Sumitomo Chemical, NASIT PHARMACHEM, Madhusudan Organics Ltd. (MOL), Vizga Chemical, Qingdao Lidong Chemical, SK
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Solvent-Grade Mixed Xylenes Market Report Segments:
The global Solvent-Grade Mixed Xylenes market is segmented on the basis of:
Types
Solvent Grade, Isomer Grade
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
Solvent for Paint, Aviation Gasoline Additive, 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:
- COSMO OIL
- Pure Chemicals Co.
- Goyal Fine Fab Private Limited
- Reliance
- Chemex
- Shell chemicals
- Sumitomo Chemical
- NASIT PHARMACHEM
- Madhusudan Organics Ltd. (MOL)
- Vizga Chemical
- Qingdao Lidong Chemical
- SK
Highlights of The Solvent-Grade Mixed Xylenes 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:
- Solvent Grade
- Isomer Grade
- By Application:
- Solvent for Paint
- Aviation Gasoline Additive
- 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 Solvent-Grade Mixed Xylenes 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.
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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?
Solvent-grade mixed xylenes is a type of petroleum-based product that is made up of various types and grades of xylene. It can be used as a solvent or diluent in many different industrial applications.
Some of the major players in the solvent-grade mixed xylenes market are COSMO OIL, Pure Chemicals Co., Goyal Fine Fab Private Limited, Reliance, Chemex, Shell chemicals, Sumitomo Chemical, NASIT PHARMACHEM, Madhusudan Organics Ltd. (MOL), Vizga Chemical, Qingdao Lidong Chemical, SK.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solvent-Grade Mixed Xylenes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solvent-Grade Mixed Xylenes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solvent-Grade Mixed Xylenes Market - Supply Chain
4.5. Global Solvent-Grade Mixed Xylenes Market Forecast
4.5.1. Solvent-Grade Mixed Xylenes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solvent-Grade Mixed Xylenes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solvent-Grade Mixed Xylenes Market Absolute $ Opportunity
5. Global Solvent-Grade Mixed Xylenes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Type
5.3.1. Solvent Grade
5.3.2. Isomer Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solvent-Grade Mixed Xylenes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Application
6.3.1. Solvent for Paint
6.3.2. Aviation Gasoline Additive
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solvent-Grade Mixed Xylenes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solvent-Grade Mixed Xylenes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solvent-Grade Mixed Xylenes Demand Share Forecast, 2019-2026
9. North America Solvent-Grade Mixed Xylenes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Application
9.4.1. Solvent for Paint
9.4.2. Aviation Gasoline Additive
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Type
9.7.1. Solvent Grade
9.7.2. Isomer Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solvent-Grade Mixed Xylenes Demand Share Forecast, 2019-2026
10. Latin America Solvent-Grade Mixed Xylenes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Application
10.4.1. Solvent for Paint
10.4.2. Aviation Gasoline Additive
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Type
10.7.1. Solvent Grade
10.7.2. Isomer Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solvent-Grade Mixed Xylenes Demand Share Forecast, 2019-2026
11. Europe Solvent-Grade Mixed Xylenes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Application
11.4.1. Solvent for Paint
11.4.2. Aviation Gasoline Additive
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Type
11.7.1. Solvent Grade
11.7.2. Isomer Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solvent-Grade Mixed Xylenes Demand Share, 2019-2026
12. Asia Pacific Solvent-Grade Mixed Xylenes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Application
12.4.1. Solvent for Paint
12.4.2. Aviation Gasoline Additive
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Type
12.7.1. Solvent Grade
12.7.2. Isomer Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solvent-Grade Mixed Xylenes Demand Share, 2019-2026
13. Middle East & Africa Solvent-Grade Mixed Xylenes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solvent-Grade Mixed Xylenes Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Application
13.4.1. Solvent for Paint
13.4.2. Aviation Gasoline Additive
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solvent-Grade Mixed Xylenes Market Size and Volume Forecast by Type
13.7.1. Solvent Grade
13.7.2. Isomer Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solvent-Grade Mixed Xylenes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solvent-Grade Mixed Xylenes Market: Market Share Analysis
14.2. Solvent-Grade Mixed Xylenes Distributors and Customers
14.3. Solvent-Grade Mixed Xylenes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. COSMO OIL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pure Chemicals Co.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Goyal Fine Fab Private Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Reliance
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chemex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shell chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sumitomo Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NASIT PHARMACHEM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Madhusudan Organics Ltd. (MOL)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vizga Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Qingdao Lidong Chemical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SK
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
