Meta-xylene market size is expected to grow at a compound annual growth rate of 4.75% for the forecast period of 2021 to 2028. Data Bridge Market Research report on meta-xylene market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.Xylene is a colorless, unstable liquid hydrocarbon which is obtained from coal, wood and petroleum. Meta-xylene is a type of an isomer of ortho-xylene and para-xylene. It is an aromatic hydrocarbon, with two methyl substituent attached at the meta positions of the benzene ring. It is mainly used in the production of Isophthalic acid, 1, 3-xylene, 1, 3-Dimethylbenzene, m-xylol, and m-dimethylbenzene are some other names of the chemical.
The rise in demand for paints and coatings in the construction industry has heightened the demand for the meta-xylene thus is expected to influence the growth of the meta-xylene market. In line with this, the increase in the demand for adhesives and sealants in end-use industries and high consumption of Isophthalic acid are also anticipated to act as key determinants favoring the growth of the meta-xylene market over the forecast period of 2021 to 2028. Also the, increase in the use as a solvent in paint thinners, nail polish removers, glues and correction fluids along with the easy availability of cheaper feedstock through increasing shale oil discoveries are also expected to positively impact the growth of the meta-xylene market. The major factor accountable for the growth of the market is the rise in demand for beauty products. However, the various health-related issues associated with m-xylene and rise in preferences for alternative organic solvents are likely to act as key restraints towards meta-xylene market growth rate in the forecast period of 2021 to 2028, whereas the harmful and hazardous effects of meta- xylene can challenge the growth of the meta-xylene market in the above mentioned forecast period. Furthermore, the huge growth potential in emerging nations and the rise in the demand for xylene products such as construction adhesives and paints and coatings in the construction industry are expected to offer a variety of growth opportunities for the meta-xylene market in the above mentioned forecast period.
Global Meta-Xylene Market, By Type (Sorbex, UOP, Others), Application (Isophthalic Acid, 2,4- and 2,6-xylidine, Solvents, Other Application), End User (Construction, Packaging, Automotive, Aerospace), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028. This meta-xylene market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on meta-xylene market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Meta-Xylene Market Scope and Market Size:
The meta-xylene market is segmented on the basis of type, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, the meta-xylene market is segmented into Sorbex, UOP and others.
The application for meta-xylene market is segmented into Isophthalic acid, 2, 4- and 2, 6-xylidine, solvents and other application.
Based on end user, the meta-xylene market is segmented into construction, packaging, automotive and aerospace.
The major players covered in the meta-xylene market report are MITSUBISHI GAS CHEMICAL COMPANY, INC., LOTTE Chemical CORPORATION, Cepsa, Formosa Chemicals & Fibre Corp., bp p.l.c., Chevron Phillips Chemical Company LLC, Royal Dutch Shell, Perstorp, Merck KGaA, Thermo Fisher Scientific Inc., Tokyo Chemical Industry UK Ltd., Petrochemicals Europe, Redox, Choice Organochem LLP, Opsis AB, Parchem fine & specialty chemicals, GS Caltex Corporation, Exxon Mobil Corporation, BASF SE, and Braskem, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Pointers Covered in the Meta-Xylene Market
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
MAJOR TOC OF THE REPORT:
Chapter One: Meta-Xylene Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Meta-Xylene Market Competition, by Players
Chapter Four: Meta-Xylene Market Size by Regions
Chapter Five: Meta-Xylene Market Revenue by Countries
Chapter Six: Meta-Xylene Market Revenue by Type
Chapter Seven: Meta-Xylene Market Revenue by Application
Chapter Eight: Meta-Xylene Market Revenue by Industries
Chapter Nine: Meta-Xylene Market Revenue by Deployment Model
Chapter Ten: Meta-Xylene Market Revenue by End User
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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Global Meta-Xylene Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors Global Meta-Xylene Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model?
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