Xylene is an aromatic hydrocarbon mixture including benzene ring with two methyl groups. Also known as xylol or dimethylbenzene, xylene have three isomers namely orthoxylene (o-Xylol), metaxylene (m-Xylol) and paraxylene (p-Xylol) with IUPAC names 1,2-dimethylbenzene, 1,3-dimethylbenzene, and 1,4-dimethylbenzene respectively. Xylene is produced by various methods such reformate, coal carbonization, etc. it consist of 0.5–1% of crude oil depending on the production sources. In addition, it is found in gasoline and aircraft fuels. It is a colourless, sweet smelling but flammable in nature.
Xylenes is majorly produced by reformate process from BTX aromatics. It is generally used as solvent in printing, leather and rubber industries; and cleaning agent in laboratories, and food manufacturing (wafers and chips), steel, silicon and integrated circuits. Also, used in thinning paints and varnishes as substituted for toluene, dentistry, petroleum industry,
Global xylene market can be segmented based on its products such as mixed xylene (MX), orthoxylene, and metaxylene. Mixed xylene (MX) is further expanded in downstream derivative as paraxylene (PX). Xylene has applications such as terephthalic acid and its related derivatives, as solvent, in laboratory, precursor to other chemical compounds and others.
Cotton fibers production dearth and rising demand for polyester fibers are driving the global xylene market, especially in China. U.S. is likely to be a potential market for mixed xylene (MX), owing to volatility in crude and gasoline market. It is estimated that there will be rise in exports of paraxylene (PX) and mixed xylene (MX). Asia Pacific is projected to account as major market for upstream crude and downstream paraxylene (PX) market.
British Petroleum (BP), JX Nippon Oil & Energy, Reliance Industries, ExxonMobil, BASF, Braskem, Chevron Phillips Chemical, Dragon Aromatics, Fujian Refining & Petrochemical, Toray Industries, Pemex, Kuwait Paraxylene Production, Samsung Total Petrochemicals, Abu Dhabi National Chemicals, CNPC, Formosa Plastics, GS Caltex, Hyundai Cosmo, etc. are the major companies in the global xylene market.
Decision Databases is involved in providing research reports and company profiles in the global xylene market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The xylene market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our xylene profiles.
SEGMENTATIONS IN REPORT:
Xylene By Products:
1. INTRODUCTION OF XYLENE MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF XYLENE
4. XYLENE MARKET ANALYSIS BY TYPES
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