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Global Xylene Market

  • Published Date: 07 Sep 2018
  • Number of Pages: 221
  • Category: Chemicals
  • Country: Global
Xylene is an aromatic hydrocarbon, which is widely used in industry and medical technology as a solvent. It is a colorless, sweet-smelling liquid or gas that is occurring naturally in petroleum, coal and wood tar, and it is so named because it is found in crude wood spirit. Three different forms of Xylene are: ortho-, meta- and para-xylene.Xylene is used as a solvent in leather industries, paint, printing, and rubber. It is found in small amounts in airplane fuel, gasoline and cigarette smoke. In dentistry, xylene is used in histological laboratories for tissue processing, staining and cover slipping and also in endodontic retreatment as a gutta-percha solvent.

End Users:

Xylene is used as a solvent in various industries like paints & coatings, cosmetics, bactericides, herbicides, glues &adhesives and many others. It is also used in food manufacturing (chips and wafers), steel, silicon and integrated circuits. In staining procedures, its excellent dewaxing and clearing capabilities contribute to brilliantly stained slides.

Market Dynamics:

The demand increase of Xylene in application industries like rubber and leather is the major growth driver for global market. The global xylene market has witnessed a positive growth. In addition to this, it is also used in textile industry as polyester which will support the growth in this market. Technological advancements and government support are creating major opportunities in the global market. Geographically, Asia-Pacific is estimated to be the largest market in terms of demand.

Market Segmentation:

Xylene by Products
--> Mixed Xylenes
--> Ortho Xylene
--> Meta Xylene

Xylene by Applications
--> Terephthalic Acid And Its Derivatives
--> Solvent
--> Laboratory
--> Precursor

Geographic Analysis:

The Asian market, with its growing demand for polyester fiber and polyester resins is expected to be major market for xylene. Also due to unavailability of inexpensive labor, manufacturing bases are being shifted to emerging economies of India and China, which will help fuel the Asia-Pacifics market growth. Due to slowdown in end-use market, North America and Europe are likely to see a below average growth.

As the demand for xylene is intertwined with its end products demand, it is safe to say that the demand will witness a positive growth especially in Asia Pacific region. With availability of inexpensive labor India and China are likely to be the leaders in the market growth of Xylene.

Key Players
Growing M&A and patent registrations by major players which include Thai Oil Company, Shell, Reliance and Bayer, will increase industry rivalry and entry barriers for market entrants. Other Key market players include, Petro China Sichuan, SABIC, BASF, Flint Hills Resources, Dow Chemicals, LG Chem. Ltd, DuPont, SINOPEC, JX Holdings, Lanxess and CNPC.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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