Xylene Market Key Players: —
Some of the well-known players operating in the global xylene market are Eastman Chemical Company (U.S.), China National Petroleum Corporation (China), BASF SE (Germany), Huntsman Corporation (U.S.), Chevron Philips Chemical Company (U.S.), TORAY INDUSTRIES, INC. (Japan), Formosa Plastics Corporation (Taiwan), The ExxonMobil Corporation(U.S.), The Dow Chemical Company (U.S.) and LG Chem (South Korea) among others.
Xylene Market Segmental Analysis:
The global xylene market is segmented into type and application. On the basis of the type, the market is segregated into o-xylene, m-xylene, and p-xylene segments. The market for the application is further categorized into automotive, textile, chemical, oil & gas, leather, paints & coatings, rubber, and others.
Xylene is also used as an alternative fuel in heavy engines. It is estimated that the o-xylene segment is set to grow at a higher CAGR than the other segments owing to its boundless use as intermediates, solvents, and others in oil & gas industries. xylene market is used in various applications such as automotive, textile, chemical, oil & gas, leather, paints & coatings, rubber, and others.
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Xylene Market Regional Analysis:
The North American market is expected to grow at a healthy CAGR due to extensive consumption of xylene in paints & coating, oil & gas, chemicals, and others. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in the end-use industries. The growing demand for synthetic rubber and plastics made from xylene are estimated to drive the market during the forecast period.
A notable development is achieved in Europe due to the growing demand for light-weight materials in construction, packaging, cosmetics, and others. The growing innovation coupled with technology has boosted the market to witness a growth. Thus, countries such as Germany, the U.K, and Italy are the major contributors to this market.
A considerable development is predicted in the Latin American region such as in Brazil, Uruguay, and Argentina due to the growing consumption of hydrocarbons in major industries. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing production of xylene in refineries.
Xylene Market Table of Content:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain of Global Xylene Market
5 Industry Overview of Global Xylene Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.2 Growth Trends
6.3 Impact Analysis
Xylene Market Table of Content to be Continue…...,
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Name: Abhishek Sawant
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