DUBLIN--(BUSINESS WIRE)--The "Global Meta Xylene Market - Segmented by Type, Application, and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global meta-xylene market is expected to grow at a significant rate during the forecast period, majorly driven by the increasing demand from paint & coatings application. A major part of meta-xylene is isomerized to para and ortho-xylene, due to the higher value of the latter. It is also used as a raw material in the production of 2, 4- and 2, 6-xylidine, as well as a range of smaller-volume chemicals.
The investments in transportation sector in China has increased in the near past. China's transport ministry and National Development and Reform Commission (NDRC) planned to invest USD 724 billion between 2016-2018 for constructing 303 key transportation projects, which include railways, highways, waterways, airports, and urban rail. The investment plan would enhance the country's connectivity between the major cities, which helps for the wider economic and social development of the region.
The Asian market, with its growing demand for polyesters and the corresponding growth in the polyester industry, is solidifying its position as the center for the meta-xylenes market. There is a considerable intraregional trade within Asia, as Japan and South Korea are the major exporters, and China is a major importer despite substantial added capacity in the country. China is the leading consumer of meta-xylene and will continue to be the largest consumer due to high demand from plastics and paint & coatings industry.
Compaa Espaola De Petrleos S.A.U.
- Eastman Chemical Company
- Formosa Chemicals & Fibre Corporation
- Kp Chemical Corp./ Lotte Chemical
- Mitsubishi Gas Chemical Company
- Perstorp Holding AB
- Samsung Total Petrochemicals
- Total Petrochemicals
- Versalis S.P.A.
- JX Nippon Oil & Energy Corporation
- ConocoPhillips Company
- Phillips 66 Company
- Royal Dutch Shell
- Chevron Corporation
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/jhsfgr/global_meta?w=4