Xylene is an organic chemical compound which has a central benzene ring attached with two methyl groups. Xylene is colourless and flammable liquid compound. Xylene is used for the production of terephthalic acid and related derivatives. Xylene also have wide industrial applications such as in leather and rubber industry. In laboratory, xylene is utilized for the cooling down of reaction vessels. Other than this, xylene is used in automotive and paint industries as well.
Global xylene market is projecting a rise in estimated value by 2026, registering a steady CAGR of 4.4% in the forecast period of 2019-2026 due to growth in the polymer and petrochemical sector, increase in the demand for Polyethylene terephthalate, leather and rubber and increase in demand from end users industries such as automotive, coatings and paints and many more.
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Market Drivers and Restraints:
Growth in the polymer and petrochemical sector act as a catalyst to growth of the market
Increase in the demand for Polyethylene terephthalate, leather and rubber may enhance the market growth
Rise in the use of polyesters in textile industry would accelerate the growth of the market
Increase in demand from end users industries such as automotive, coatings and paints and many more has driven the market growth
The major players covered in the Xylene Market
Few of the major competitors currently working in the global xylene market are Braskem, Formosa Chemicals & Fibre Corp, Reliance Industries Limited, Exxon Mobil Corporation, Flint Hills Resources, SK global chemical Co. Ltd., Honeywell International Inc., Puritan Products, LOTTE Chemical CORPORATION, MP Biomedicals, Nutan Chemicals, PTT Global Chemical Public Company Limited, Merck KGaA, Tokyo Chemical Industry Co., Ltd., Doe & Ingalls, Gadiv Petrochemical Industries Ltd, Cepsa and others
MAJOR TOC OF THE REPORT
Chapter One: Xylene Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Xylene Market Competition, by Players
Chapter Four: Global Xylene Market Size by Regions
Chapter Five: North America Xylene Market Revenue by Countries
Chapter Six: Europe Xylene Market Revenue by Countries
Chapter Seven: Asia-Pacific Xylene Market Revenue by Countries
Chapter Eight: South America Xylene Market Revenue by Countries
Get Detail TOC
Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Xylene Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Xylene Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the Xylene Market
A roadmap of growth opportunities available in the global Xylene Market with the identification of key factors
The exhaustive analysis of various trends of the global Xylene Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Xylene Market ?
What will the Xylene Market Demand and what will be Growth?
What are the latest opportunities for Xylene Market in the future?
What are the strengths of the key players?
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