Xylene Market Research Report - Forecast to 2023

Xylene Market Research Report - Forecast to 2023

ID: MRFR/CnM/0495-HCRR | September, 2018 | Region: Global | 138 pages | Half-Cooked Research Reports

Global Xylene Market Research Report: By Type (O-Xylene, M-Xylene, P-Xylene), Application (Automotive, Textile, Chemical, Oil & Gas, Leather, Paints & Coatings, Rubber) – Forecast Till 2023


Synopsis of Xylene Market


Xylene is an organic compound obtained by catalytic reforming and coal carbonization process in the production of coke fuel. It is a hydrocarbon with greasy, and colorless in nature. Moreover, its quick evaporation, good dissolving ability, and growing consumption in major industries are the important trends and factors influencing its market confidently. On account of its properties, xylene is used in various applications such as automotive, textile, chemical, oil & gas, leather, paints & coatings, rubber, and others


Among the various segments in xylene market, the o-xylene segment has witnessed a significant growth due to its extensive use as a solvent in paint thinners, nail polish removers, glues, and correction fluids. It is widely utilized as an industrial feedstock for producing phthalic anhydride. This intermediate is then used in the production of plastic from vinyl chloride in end-use industries. Moreover, 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. The growing production of polyethylene terephthalate (PET) and pure isophthalic acid (PIA) in major industries are set to drive the xylene market over the assessment period, 2017-2023. The market by application is segregated into automotive, textile, chemical, oil & gas, leather, paints & coatings, rubber, and others. The automotive sector is the leading segment due to extensive consumption of the product in sealing, and coating of numerous automotive parts such as engine train, interior & exterior parts of the body, and others. Moreover, the increasing use of the product in acrylate concrete sealer in various sectors such as paints & coatings, textile, and others are propelled to drive the market over the assessment period.


The Global Xylene Market Share by Application


 xylene market


Product: MRFR analysis


Regional Analysis 


The xylene market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the market due to the growing consumption of xylene in automotive, aerospace, aviation, and others. The o-xylene segment holds the major portion and is anticipated to continue its dominance in the market due to extraordinary features offered by the product such as light weight, superior performance, and other characteristics. Due to these factors countries such as China, Japan, South Korea, and India are the major players in this market.


The North American region is growing significantly due to growing demand for xylene products in automotive, paints & coatings, and other industries. It is predicted that growing investments in the end-use industries is likely to drive the market during the forecast period. The growing consumption of polyethylene terephthalate products (PET) and pure isophthalic acid (PIA) in end-use industries have propelled the growth in countries such as the U.S., Canada, and Mexico to achieve a stunning market growth because they provide unique cost-effective, cleansing properties, and high performance to the product.


The European market has observed a remarkable growth in the market due to growing utilization of xylene product in construction industries. The market has been driven by the consumption of products such as o-xylene, p-xylene in paints & coatings, rubber segments. It is estimated that the growing innovation and technological advancement in the catalytic reforming, and other processes are predicted to propel the growth in the countries such as the U.K, Italy, Germany, and France during the forecast period.


The Middle East & Africa region is estimated to witness a significant growth in the market due to growing consumption of xylene in healthcare, automotive, and other sectors. .


Segmental Analysis


The global xylene market is segmented into the type and application. On the basis of the type, the market is segregated into o-xylene, m-xylene, and p-xylene segments. The market by application is further categorized into automotive, textile, chemical, oil & gas, leather, paints & coatings, rubber, and others.


Key Players


Some of the prominent 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.


Geographical Analysis


The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.


Intended Audience



  • Xylene market manufacturers

  • Traders and Distributors of Xylene market

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory 

TABLE OF CONTENTS





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

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges



6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Xylene Market by Type

7.1 Introduction

7.2 O-xylene

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 M-xylene

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 P-xylene

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

8. Global Xylene Market by Application

8.1 Introduction

8.2 Automotive

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Textile

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

8.4 Chemical

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Region, 2017-2023

8.5 Oil & gas

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Region, 2017-2023

8.6 Leather

8.6.1 Market Estimates & Forecast, 2017-2023

8.6.2 Market Estimates & Forecast by Region, 2017-2023

8.7 Paints & coatings

8.7.1 Market Estimates & Forecast, 2017-2023

8.7.2 Market Estimates & Forecast by Region, 2017-2023

8.8 Rubber

8.8.1 Market Estimates & Forecast, 2017-2023

8.8.2 Market Estimates & Forecast by Region, 2017-2023

8.9 Others

8.9.1 Market Estimates & Forecast, 2017-2023

8.9.2 Market Estimates & Forecast by Region, 2017-2023

9. Global Xylene Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2017-2023

9.2.2 Market Estimates & Forecast by Type, 2017-2023

9.2.3 Market Estimates & Forecast by Application, 2017-2023

9.2.4 US

9.2.4.1 Market Estimates & Forecast, 2017-2023

9.2.4.2 Market Estimates & Forecast by Type, 2017-2023

9.2.4.3 Market Estimates & Forecast by Application, 2017-2023



9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2017-2023

9.2.5.2 Market Estimates & Forecast by Type, 2017-2023

9.2.5.3 Market Estimates & Forecast by Application, 2017-2023

9.2.6 Mexico

9.2.6.1 Market Estimates & Forecast, 2017-2023

9.2.6.2 Market Estimates & Forecast by Type, 2017-2023

9.2.6.3 Market Estimates & Forecast by Application, 2017-2023





9.3 Europe

9.3.1 Market Estimates & Forecast, 2017-2023

9.3.2 Market Estimates & Forecast by Type, 2017-2023

9.3.3 Market Estimates & Forecast by Application, 2017-2023



9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2017-2023

9.3.4.2 Market Estimates & Forecast by Type, 2017-2023

9.3.4.3 Market Estimates & Forecast by Application, 2017-2023





9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2017-2023

9.3.5.2 Market Estimates & Forecast by Type, 2017-2023

9.3.5.3 Market Estimates & Forecast by Application, 2017-2023





9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2017-2023

9.3.6.2 Market Estimates & Forecast by Type, 2017-2023

9.3.6.3 Market Estimates & Forecast by Application, 2017-2023

9.3.7 U.K

9.3.7.1 Market Estimates & Forecast, 2017-2023

9.3.7.2 Market Estimates & Forecast by Type, 2017-2023

9.3.7.3 Market Estimates & Forecast by Application, 2017-2023

9.3.8 Rest of Europe

9.3.8.1 Market Estimates & Forecast, 2017-2023

9.3.8.2 Market Estimates & Forecast by Type, 2017-2023

9.3.8.3 Market Estimates & Forecast by Application, 2017-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2017-2023

9.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.3 Market Estimates & Forecast by Application, 2017-2023



9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2017-2023

9.4.4.2 Market Estimates & Forecast by Type, 2017-2023

9.4.4.3 Market Estimates & Forecast by Application, 2017-2023



9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2017-2023

9.4.5.2 Market Estimates & Forecast by Type, 2017-2023

9.4.5.3 Market Estimates & Forecast by Application, 2017-2023



9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2017-2023

9.4.6.2 Market Estimates & Forecast by Type, 2017-2023

9.4.6.3 Market Estimates & Forecast by Application, 2017-2023





9.4.7 Rest of Asia Pacific

9.4.7.1 Market Estimates & Forecast, 2017-2023

9.4.7.2 Market Estimates & Forecast by Type, 2017-2023

9.4.7.3 Market Estimates & Forecast by Application, 2017-2023



9.5 The Middle East & Africa

9.5.1 Market Estimates & Forecast, 2017-2023

9.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.3 Market Estimates & Forecast by Application, 2017-2023

9.5.4 Saudi Arabia

9.5.4.1 Market Estimates & Forecast, 2017-2023

9.5.4.2 Market Estimates & Forecast by Type, 2017-2023

9.5.4.3 Market Estimates & Forecast by Application, 2017-2023





9.5.5 Qatar

9.5.5.1 Market Estimates & Forecast, 2017-2023

9.5.5.2 Market Estimates & Forecast by Type, 2017-2023

9.5.5.3 Market Estimates & Forecast by Application, 2017-2023

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2017-2023

9.5.6.2 Market Estimates & Forecast by Type, 2017-2023

9.5.6.3 Market Estimates & Forecast by Application, 2017-2023

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2017-2023

9.5.7.2 Market Estimates & Forecast by Type, 2017-2023

9.5.7.3 Market Estimates & Forecast by Application, 2017-2023



9.5.8 Rest of the Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2017-2023

9.5.8.2 Market Estimates & Forecast by Type, 2017-2023

9.5.8.3 Market Estimates & Forecast by Application, 2017-2023



9.6 Latin America

9.6.1 Market Estimates & Forecast, 2017-2023

9.6.2 Market Estimates & Forecast by Type, 2017-2023

9.6.3 Market Estimates & Forecast by Application, 2017-2023

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2017-2023

9.6.4.2 Market Estimates & Forecast by Type, 2017-2023

9.6.4.3 Market Estimates & Forecast by Application, 2017-2023

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2017-2023

9.6.5.2 Market Estimates & Forecast by Type, 2017-2023

9.6.5.3 Market Estimates & Forecast by Application, 2017-2023

9.6.6 Rest of Latin America

9.6.6.1 Market Estimates & Forecast, 2017-2023

9.6.6.2 Market Estimates & Forecast by Type, 2017-2023

9.6.6.3 Market Estimates & Forecast by Application, 2017-2023



10. Company Landscape

11. Company Profiles

11.1 Eastman Chemical Company

11.1.1 Company Overview

11.1.2 Type/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 China National Petroleum Corporation

11.2.1 Company Overview

11.2.2 Type/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 BASF SE

11.3.1 Company Overview

11.3.2 Type/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Huntsman Corporation

11.4.1 Company Overview

11.4.2 Type/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 Chevron Philips Chemical Company

11.5.1 Company Overview

11.5.2 Type/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 TORAY INDUSTRIES, INC.

11.6.1 Company Overview

11.6.2 Type/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Formosa Plastics Corporation

11.7.1 Company Overview

11.7.2 Type/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 The ExxonMobil Corporation

11.8.1 Company Overview

11.8.2 Type/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments



11.9 The Dow Chemical Company

11.9.1 Company Overview

11.9.2 Type/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments



11.10 LG Chem

11.10.1 Company Overview

11.10.2 Type/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 Mitsui Chemicals

11.11.1 Company Overview

11.11.2 Type/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.12 BP CHEMICALS

11.12.1 Company Overview

11.12.2 Type/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

11.13 DuPont

11.13.1 Company Overview

11.13.2 Type/Business Segment Overview

11.13.3 Financial Updates

11.13.4 Key Developments

11.14 Valero Marketing and Supply Company

11.14.1 Company Overview

11.14.2 Type/Business Segment Overview

11.14.3 Financial Updates

11.14.4 Key Developments

11.15 Reliance Industries Limited

11.15.1 Company Overview

11.15.2 Type/Business Segment Overview

11.15.3 Financial Updates

11.15.4 Key Developments



12 Conclusion



LIST OF TABLES





Table 1 World Population by Major Regions (2017 to 2030)

Table 2 Global Xylene Market: By Region, 2017-2023

Table 3 North America Xylene Market: By Country, 2017-2023

Table 4 Europe Xylene Market: By Country, 2017-2023

Table 5 Asia Pacific Xylene Market: By Country, 2017-2023

Table 6 The Middle East & Africa Xylene Market: By Country, 2017-2023

Table 7 Latin America Xylene Market: By Country, 2017-2023

Table 8 Global Xylene by Type Market: By Regions, 2017-2023

Table 9 North America Xylene by Type Market: By Country, 2017-2023

Table10 Europe Xylene by Type Market: By Country, 2017-2023

Table11 Asia Pacific Xylene by Type Market: By Country, 2017-2023

Table12 The Middle East & Africa Xylene by Type Market: By Country, 2017-2023

Table13 Latin America Xylene by Type Market: By Country, 2017-2023

Table14 Global Xylene by Application Market: By Regions, 2017-2023

Table15 North America Xylene by Application Market: By Country, 2017-2023

Table16 Europe Xylene by Application Market: By Country, 2017-2023

Table17 Asia Pacific Xylene by Application Market: By Country, 2017-2023

Table18 The Middle East & Africa Xylene by Application Market: By Country, 2017-2023

Table19 Latin America Xylene by Application Market: By Country, 2017-2023

Table20 Global Type Market: By Region, 2017-2023

Table21 Global Application Market: By Region, 2017-2023

Table22 North America: Xylene Market, By Country

Table23 North America: Xylene Market, By Type

Table24 North America: Xylene Market, By Application

Table25 Europe: Xylene Market, By Country

Table26 Europe: Xylene Market, By Type

Table27 Europe: Xylene Market, By Application

Table28 Asia Pacific: Xylene Market, By Country

Table29 Asia Pacific: Xylene Market, By Type

Table30 Asia Pacific: Xylene Market, By Application

Table31 The Middle East & Africa: Xylene Market, By Country

Table32 The Middle East & Africa: Xylene Market, By Type

Table33 The Middle East & Africa: Xylene Market, By Application

Table34 Latin America: Xylene Market, By Country

Table35 Latin America: Xylene Market, By Type

Table36 Latin America: Xylene Market, By Application



LIST OF FIGURES





FIGURE 1 Global Xylene market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Xylene Market

FIGURE 4 Value Chain of Global Xylene Market

FIGURE 5 Share of Global Xylene Market in 2017, by country (in %)

FIGURE 6 Global Xylene Market, 2017-2023,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Xylene Market size by Type, 2017

FIGURE 9 Share of Global Xylene Market by Type, 2017 to 2023

FIGURE 10 Global Xylene Market size by Application, 2017

FIGURE 11 Share of Global Xylene Market by Application, 2017 to 2023