Xylene Market is expected to reach US$ 50.16 Bn. at a CAGR of 5.2% during the forecast period 2030.Xylene Market Overview:
Xylene is an aromatic hydrocarbon obtained from catalytic reforming and coal carbonization process during the production of coke fuel. Xylene is a compound used for rapid evaporation and better dissolving properties. Xylenes are vital petrochemical and flammable liquid. They have also occurred in crude oil at the concentration of about 0.5-1% depending on the source. Xylene is produced mainly as a part of BTX aromatics that is benzene, toluene, and xylene extracts from the product of catalytic reforming known as reformate. The mixture of xylene is a slightly greasy, colorless liquid commonly used as a solvent.To know about the Research Methodology :- Request Free Sample Report
Xylene Market Dynamics:
Xylene is used as a solvent with a mixture of isomers, it is also referred to as xylenes or xylon. Growing demand for polymers and the petrochemical sector coupled with increasing demand for PET, leather, and rubber is expected to derive the xylene market in the forecast period. Further developing textile industries are likely to boost the market. Polyethylene terephthalate (PET) is used for the preparation of mineral water and carbonated drink bottles due to the growing beverage industry is driving the growth of the global xylene market. The global PET bottle market was valued at 16 million tons in the year 2018. The raw material used in the production of PET bottles are derivatives of dimethyl terephthalate, phthalic anhydride, terephthalic acid, isophthalic acid, this is increasing the production demand and polyester industries. Xylenes solvent property is further creating demand in various applications like degreasing agent, adhesives, and sealants. The global solvent market share is estimated to grow at a CAGR of 6.7% and is expected to reach 29.8 billion by 2029. Hence the solvent industry is also motivating the growth of the xylene market in the forecast period. The toxicity of xylenes like an irritation to eyes, skin on inhalation, or ingestion is acting as a restraining factor to the global Xylene market in the forecast period.Xylene Market Segment Analysis:
By Type, the segment is trifurcated into O-Xylene, M-Xylene, and P-Xylene. O-xylene is also known as ortho-xylene. As ortho-xylene is anticipated to mark the growth at a CAGR of 4% in the forecast period. ortho-xylene is greatly used in the production of paints and adhesives. O- Xylene is largely used in the production of Phthalic anhydride, which is used as a precursor to many materials, chemicals, and drugs due to xylenes' easy oxidation, and methyl groups are susceptible to halogenations. Most O-xylene is produced by cracking petroleum, affordable by the distribution of aromatic compounds, including xylene isomers. Xylene is isomerized to o-xylene. The above mentioned key properties are fueling the market growth of o-xylene By Application, the segment is divided into Plastic & Polymer, Paints & Coatings, Adhesives, Ink & Dye, Cosmetics, Others. The plastic and polymer segment is dominating the global xylene market as the use of polymers in the packaging industry is higher. The most common isomer for the production of polyethylene terephthalate is paraxylene. Polyethylene terephthalate is largely used in the production of packaging materials like plastics in beverage packaging, consumer goods. Sheets and films, packaging automotive and construction. Plastic is the basic raw material in any type of packaging and hence creates huge demand in the market. The global market share of plastic was valued at 467 billion in 2023 and is estimated to grow at a CAGR of 4.5 % reaching USD 567 billion in the forecast period. The second dominating is paints and coating application in the Xylene market as the disposable income of the individual is growing and consumers are investing more in home decor and paints.Xylene Market Regional Insights:
North America is dominating the global xylene market as the leading countries of North America like the US, Mexico, and Canada driving the growth of the market. the countries are largely focusing on protective and decorative coatings to increase the wall safety and enhance the exterior and interior of the building and its surface is creating huge opportunities for the market players in the region to invest. The market share of paints and coating in the US was valued at 29 billion in the year 2023. As the market is growing the new technological developments are taking place to increase the acceptance by the consumers like DIY ideology in-home decors, commercial places are further boosting the demand of the xylene market in the region. Europe is second dominating in the global xylene market. As the region is dominating the food and beverage industry and which is further creating demand for PET bottles. PET bottles are known for their flexibility and firmness and this property further increases the demand. Additionally, PET is the most used and recycled plastic packaging material in Europe. 1.923 million tonnes of PET bottles were collected for recycling in 2017 and this has been increased by 2.9% than the previous year. The objective of the report is to present a comprehensive analysis of the global Xylene Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Xylene Market dynamics, structure by analyzing the market segments and project the global Xylene Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Xylene Market make the report investor’s guide.Xylene Market Scope: Inquire before buying
Global Xylene Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US$ 35.18 Bn. Forecast Period 2024 to 2030 CAGR: 5.2% Market Size in 2030: US$ 50.16 Bn. Segments Covered: by Type • O-Xylene • M-Xylene • P-Xylene by Application • Plastic & Polymer • Paints & Coatings • Adhesives • Ink & Dye • Cosmetics • Others Xylene Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaXylene Market Key Player
• Total SA, • JX Nippon Oil & Energy Corporation • Braskem • BASF SE • Braskem • BP plc • Chevron Phillips Chemical Company • China National Petroleum Corporation • ConocoPhillips Company • Doe & Ingalls • DynaChem South Africa (Pty) Ltd. • Eastman Chemical Company • Exxon Mobil Corporation • Koch Industries, Inc. • LOTTE Chemical CORPORATION • MITSUBISHI GAS CHEMICAL COMPANY, INC. • Reliance Industries Limited • Saudi Arabian Oil Co. • Honeywell International Inc. • Eni S.p.A. • TORAY INDUSTRIES, INC. • Puritan Products • Royal Dutch Shell plc. Frequently Asked Questions: 1. Which region has the largest share in Global Xylene Market? Ans: North America region holds the highest share in 2023. 2. What is the growth rate of Global Xylene Market? Ans: The Global Xylene Market is growing at a CAGR of 5.2% during forecasting period 2024-2030 3. What is scope of the Global Xylene market report? Ans: Global Xylene Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Xylene market? Ans: The important key players in the Global Xylene Market are – Total SA,, JX Nippon Oil & Energy Corporation, Braskem, BASF SE, Braskem, BP plc, Chevron Phillips Chemical Company, China National Petroleum Corporation, ConocoPhillips Company, Doe & Ingalls, DynaChem South Africa (Pty) Ltd., Eastman Chemical Company, Exxon Mobil Corporation, Koch Industries, Inc., LOTTE Chemical CORPORATION, MITSUBISHI GAS CHEMICAL COMPANY, INC., Reliance Industries Limited, Saudi Arabian Oil Co., Honeywell International Inc., Eni S.p.A., TORAY INDUSTRIES, INC., Puritan Products, and Royal Dutch Shell plc.. 5. What is the study period of this market? Ans: The Global Xylene Market is studied from 2023 to 2030
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Xylene Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Xylene Market 3.4. Geographical Snapshot of the Xylene Market, By Manufacturer share 4. Global Xylene Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Xylene Market 5. Supply Side and Demand Side Indicators 6. Global Xylene Market Analysis and Forecast, 2023-2030 6.1. Global Xylene Market Size & Y-o-Y Growth Analysis. 7. Global Xylene Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 7.1.1. O-Xylene 7.1.2. M-Xylene 7.1.3. P-Xylene 7.2. Other Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.2.1. Plastic & Polymer 7.2.2. Paints & Coatings 7.2.3. Adhesives 7.2.4. Ink & Dye 7.2.5. Cosmetics 7.2.6. Others 8. Global Xylene Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Xylene Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Type, 2023-2030 9.1.1. O-Xylene 9.1.2. M-Xylene 9.1.3. P-Xylene 9.2. Other Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.2.1. Plastic & Polymer 9.2.2. Paints & Coatings 9.2.3. Adhesives 9.2.4. Ink & Dye 9.2.5. Cosmetics 9.2.6. Others 10. North America Xylene Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Xylene Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12. Canada Xylene Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13. Mexico Xylene Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14. Europe Xylene Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 15. Europe Xylene Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Xylene Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17. France Xylene Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18. Germany Xylene Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19. Italy Xylene Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20. Spain Xylene Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21. Sweden Xylene Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22. CIS Countries Xylene Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23. Rest of Europe Xylene Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24. Asia Pacific Xylene Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 25. Asia Pacific Xylene Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Xylene Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27. India Xylene Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28. Japan Xylene Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29. South Korea Xylene Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30. Australia Xylene Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31. ASEAN Xylene Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32. Rest of Asia Pacific Xylene Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33. Middle East Africa Xylene Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 34. Middle East Africa Xylene Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Xylene Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36. GCC Countries Xylene Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38. Nigeria Xylene Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39. Rest of ME&A Xylene Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40. South America Xylene Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 41. South America Xylene Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Xylene Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43. Argentina Xylene Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44. Rest of South America Xylene Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Types, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Textile Reinforced Concrete Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Royal Dutch Shell plc 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Total SA, 45.3.3. JX Nippon Oil & Energy Corporation 45.3.4. Braskem 45.3.5. BASF SE 45.3.6. Braskem 45.3.7. BP plc 45.3.8. Chevron Phillips Chemical Company 45.3.9. China National Petroleum Corporation 45.3.10. ConocoPhillips Company 45.3.11. Doe & Ingalls 45.3.12. DynaChem South Africa (Pty) Ltd. 45.3.13. Eastman Chemical Company 45.3.14. Exxon Mobil Corporation 45.3.15. Koch Industries, Inc. 45.3.16. LOTTE Chemical CORPORATION 45.3.17. MITSUBISHI GAS CHEMICAL COMPANY, INC. 45.3.18. Reliance Industries Limited 45.3.19. Saudi Arabian Oil Co. 45.3.20. Honeywell International Inc. 45.3.21. Eni S.p.A. 45.3.22. TORAY INDUSTRIES, INC. 45.3.23. Puritan Products. 46. Primary Key Insights