The report on Paraxylene by Infinium Global Research analyses the Paraxylene Market over the period of 2016 to 2021. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Paraxylene Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Paraxylene Market.
The Global Paraxylene Market is projected to surpass USD 36.8 billion by 2021, growing with a CAGR of between 7% – 7.3% from 2016 to 2021. Paraxylene (PX) is the largest volume isomer of the mixed xylenes. Paraxylene is the key raw material to produce polyester (PE) which in turn is used to produce fiber, films, packaging materials and polyethylene terephthalate (PET). Increasing demand of both manmade fibres and PET are the driving the demand of Paraxylene, predominantly in Asian markets. According to various government sources, globally, eleven new units were started in 2013 – 2014, stimulating the competitive supply of the Paraxylene. The total production of Paraxylene is expected to surpass the demand and therefore the prices are expected to ease down in the coming years.
Segments Covered:
The report segments the global Paraxylene market by application, product type and region. The product type includes purified terephthalic acid (PTA), dimethyl terephthalate (DMT) and others (solvents). PX solvents are used to produce di-paraxylene and herbicides; however, it is approximately 2% – 3% of the overall PX. The report also provides insights on Paraxylene production and utilization along with high level trade statistics.
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Company Profiles
BASF SE
BP plc.
China National Petroleum Corporation
Exxon Mobil Corporation
Sinopec Corporation
CNOOC Limited
Lotte Chemical Corporation
S-Oil Corporation
JX Nippon Oil & Energy Corporation
Reliance Industries Limited
Jurong Aromatics Corporation
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Key topics covered:
1. Preface
2. Executive Summary
3. Global Paraxylene Market Overview
4.Global Paraxylene Market Analysis, by Product Type (USD Million) 2014 – 2021
5.Global Paraxylene Market Analysis, by Application (USD Million) 2014 – 2021
6.Global Paraxylene Market Analysis, by Region (USD Million) 2014 – 2021
7.Company Profiles
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