Global Xylene Market Analysis and Outlook 2019-2025 - Paraxylene Will Bring in Healthy Gains of Over 67.6 Million Metric Tons by 2025 - ResearchAndMarkets.com

DUBLIN--()--The "Xylene - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The Xylene market worldwide is projected to grow by 31.2 Million Metric Tons, driven by a compounded growth of 6.7%.

Paraxylene, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over 67.6 Million Metric Tons by the year 2025, Paraxylene will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 5.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over 1.1 Million Metric Tons to the region's size and clout in the next 5 to 6 years. Over 941.1 Thousand Metric Tons worth of projected demand in the region will come from the rest of the European markets.

In Japan, Paraxylene will reach a market size of 3.8 Million Metric Tons by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9.9% over the next couple of years and add approximately 8.5 Million Metric Tons in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • Braskem S.A.
  • ExxonMobil Corporation
  • Formosa Chemicals & Fibre Corporation
  • Reliance Industries Ltd.
  • Royal Dutch Shell PLC
  • US Petrochemical Industries Inc.

For more information about this report visit https://www.researchandmarkets.com/r/qsnrik

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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