Global Paraxylene Market to Grow at a CAGR of 12.8%, 2016-2022 with Exxon Mobil, BASF SE, Chevron Phillips, Toray Industries, Reliance Industries, British Petroleum, PetroChina & Sinopec Dominating - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Paraxylene Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering.

The global paraxylene market is valued at $34,745.7 million in 2015, and it is expected to grow at a CAGR of 12.8% during the forecast period.

The global paraxylene market is witnessing significant growth, due to increasing demand of high end domestic & household products and personalized apparel. Globally, the polyester fibers segment was the largest application segment of paraxylene in 2015, followed by packaging application segment. The increasing buying power, along with increasing quality living standard is significantly fuelling the demand for personal and household paraxylene based products. The increasing demand for polyester fibers and packaging is anticipated to have positive impact on the growth of the paraxylene market.

Moreover, films for x-rays, magnetic tapes, photographic film and electrical insulation, carbonated and non-carbonated beverage containers is further propelling the demand for paraxylene. The growing consciousness towards increasing use of bio-based paraxylene in bio plastics PET bottles (Bio-PET) and other bio plastics applications, such as catering utensils, is expected to drive the paraxylene market towards a steady growth.

Companies Mentioned:

  • Exxon Mobil Corporation
  • Basf Se
  • Chevron Phillips Chemical Company Llc
  • Toray Industries Inc.
  • Reliance Industries Limited
  • Jx Nippon Oil & Energy
  • British Petroleum
  • Saudi Aramco
  • Petrochina Company Limited
  • Sinopec Group

Key Topics Covered:

1. Research Scope & Methodology

2. Executive Summary

3. Market Outlook

4. Global Paraxylene Market Size And Forecast (2012 - 2022)

5. Global Paraxylene Market, By Geography

6. Competitive Positioning Analysis

7. Company Profiles And Strategic Developments

8. Appendix

For more information about this report visit http://www.researchandmarkets.com/research/349wpd/global_paraxylene

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Chemicals

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Chemicals