DUBLIN--(BUSINESS WIRE)--The "Global Xylene Market - Segmented by Type, Application, End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The market for xylene is expected to register a significant growth during the forecast period, 2018 to 2023.
Most of the Para-xylene production is processed into terephthalic acid (TPA) and dimethyl terephthalate, which are the key intermediates in the manufacturing of Polyethylene terephthalate (PET). Demand for PET is rising along with polyester, food & beverage industries and also the augmenting use of bio-based PET products will drive the growth prospects for the global market in the forecast period.
Para Xylene segment holds the largest share of the global xylene market in 2017. Para-xylene is used as starting material to manufacture chemicals, which are used to make polyester fibers and PET. Packing industry represents the major end-user segment for the para xylene market with the applications like mineral water and carbonated soft drink bottles. These xylenes also used in the manufacture of PTA (purified terephthalic acid), which is a basic petrochemical used in the textile industry for making polyester.
Asia-Pacific represents the largest regional market of the global xylene market owing to the presence of dominant xylene producing refineries in the countries, like China. Major global corporations have increased investments and acquisitions in ASEAN countries. The increasing interest of big players in the Asia-Pacific is expected to significantly drive the market.
A.G. International Chemical Company Inc.
- BASF SE
- BP p.l.c
- Chevron Corporation
- China National Petroleum Corporation
- ConocoPhillips Company
- Doe & Ingalls
- DynaChem Inc
- Eastman Chemical Company
- Exxon Mobil Corporation
- Formosa chemicals & fibre corporation
- Fujian Refining & Petrochemical
- JX Nippon Oil & Energy Corporation
- Koch Industries Inc.
- LOTTE Chemical Corporation
- Mitsubishi Gas Chemical Company
- National Petrochemical Company
- Perstorp Orgnr
- Phillips 66 Company
- Puritan Products
- Reliance Industries Limited.
- Saudi Arabian Oil Co.
- Royal Dutch Shell Plc
- China Petroleum & Chemical Corporation
- S-Oil Corporation
- Toray Industries Inc.
- Total S.A.
- Honeywell International Inc
- Eni S.p.A.
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
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