Asia Pacific Xylene Market Size, Share & Industry Trends Analysis Report By Additives (Solvents, Monomers, and Others), By Type (Mixed Xylene, Ortho-Xylene, Meta-Xylene, and Para-Xylene), By Country and Growth Forecast, 2023

Description

List of Tables

The Asia Pacific Xylene Market would witness market growth of 8.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 9,618.5 Kilo Tonnes, showcasing a growth of 7.1% (2019-2022).

Para-xylene is a key raw material for producing polyester fibers and resins, extensively used in textiles, packaging, and plastic bottles. Xylene is a versatile solvent widely used in the chemical industry for its excellent solvency properties. It is essential for dissolving resins, rubber, and various coatings. Xylene is a common component in paints and coatings due to its ability to control viscosity, improve gloss, and enhance durability. It produces adhesives and sealants, providing strong adhesion properties and quick drying times. In healthcare, xylene is a vital component in histopathology, where it serves as a clearing agent in tissue processing and slide preparation for pathological examination. Xylene-based inks are crucial for high-speed printing processes and are commonly used in the printing and packaging industry.

Furthermore, growing environmental consciousness has shifted towards bio-based xylene production, utilizing sustainable feedstocks. The broad sustainability objectives of lowering carbon emissions and reliance on fossil fuels align with this trend. Ortho-xylene is witnessing a surge in demand due to its application in phthalic anhydride production, which is used in manufacturing phthalate plasticizers. The expanding plastics industry drives this trend.

The petrochemical industry in the Asia-Pacific region has been on the rise, driven by population growth, urbanization, and increasing industrialization. as per the report titled Chemical and Petrochemical Statistics at a Glance-2022, released by the Indian Department of Chemicals and Petrochemicals, India ranks 4th in Asia and 6th globally, with chemicals sales valued at €104 billion in 2021. India's capital spending in World Chemicals is valued at €5.0 billion in 2021, compared to €3.4 billion in 2011. India's R&I spending in the chemicals industry is valued at €1.7 billion in 2021. Paraxylene was in the export of the top five Petrochemical Products to different countries during the FY 2021-22 with a value of Rs.14,478/- Cr. Therefore, growth in the petrochemical sector in China and India will help raise the demand in the regional market.

The China market dominated the Asia Pacific Xylene Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,873.9 Million by 2030. The Japan market is registering a CAGR of 7.7% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 9% during (2023 - 2030).

Based on Additives, the market is segmented into Solvents, Monomers, and Others. Based on Type, the market is segmented into Mixed Xylene, Ortho-Xylene, Meta-Xylene, and Para-Xylene. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Reliance Industries Limited, INEOS Group Holdings S.A., Mitsubishi Chemical Holdings Corporation, Sinochem Holdings Corporation Ltd (SASAC), Eastman Chemical Company, Honeywell International, Inc., Saudi Arabian Oil Company, Shell plc, Exxon Mobil Corporation, and Chevron Phillips Chemical Company LLC.

Scope of the Study

Market Segments covered in the Report:

By Additives (Volume, Kilo Tonnes, USD Million, 2019-2030)

Solvents
Monomers
Others

By Type (Volume, Kilo Tonnes, USD Million, 2019-2030)

Mixed Xylene
Ortho-Xylene
Meta-Xylene
Para-Xylene

By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Companies Profiled

Reliance Industries Limited
INEOS Group Holdings S.A.
Mitsubishi Chemical Holdings Corporation
Sinochem Holdings Corporation Ltd (SASAC)
Eastman Chemical Company
Honeywell International, Inc.
Saudi Arabian Oil Company
Shell plc
Exxon Mobil Corporation
Chevron Phillips Chemical Company LLC

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Xylene Market, by Additives
- 1.4.2 Asia Pacific Xylene Market, by Type
- 1.4.3 Asia Pacific Xylene Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Force Analysis

Chapter 4. Strategies Deployed in Xylene Market

Chapter 5. Asia Pacific Xylene Market, by Additives

5.1 Asia Pacific Solvents Market, by Country
5.2 Asia Pacific Monomers Market, by Country
5.3 Asia Pacific Others Market, by Country

Chapter 6. Asia Pacific Xylene Market, by Type

6.1 Asia Pacific Mixed Xylene Market, by Country
6.2 Asia Pacific Ortho-Xylene Market, by Country
6.3 Asia Pacific Meta-Xylene Market, by Country
6.4 Asia Pacific Para-Xylene Market, by Country

Chapter 7. Asia Pacific Xylene Market, by Country

7.1 China Xylene Market
- 7.1.1 China Xylene Market, by Additives
- 7.1.2 China Xylene Market, by Type
7.2 Japan Xylene Market
- 7.2.1 Japan Xylene Market, by Additives
- 7.2.2 Japan Xylene Market, by Type
7.3 India Xylene Market
- 7.3.1 India Xylene Market, by Additives
- 7.3.2 India Xylene Market, by Type
7.4 South Korea Xylene Market
- 7.4.1 South Korea Xylene Market, by Additives
- 7.4.2 South Korea Xylene Market, by Type
7.5 Singapore Xylene Market
- 7.5.1 Singapore Xylene Market, by Additives
- 7.5.2 Singapore Xylene Market, by Type
7.6 Malaysia Xylene Market
- 7.6.1 Malaysia Xylene Market, by Additives
- 7.6.2 Malaysia Xylene Market, by Type
7.7 Rest of Asia Pacific Xylene Market
- 7.7.1 Rest of Asia Pacific Xylene Market, by Additives
- 7.7.2 Rest of Asia Pacific Xylene Market, by Type

Chapter 8. Company Profiles

8.1 Reliance Industries Limited
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
  - 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.6 SWOT Analysis
8.2 INEOS Group Holdings S.A.
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Recent strategies and developments:
  - 8.2.4.1 Acquisition and Mergers:
  - 8.2.4.2 Partnerships, Collaborations & Agreements:
- 8.2.5 SWOT Analysis
8.3 Mitsubishi Chemical Holdings Corporation
- 8.3.1 Company Overview
- 8.3.2 Recent strategies and developments:
  - 8.3.2.1 Partnerships, Collaborations, and Agreements:
  - 8.3.2.2 Expansions:
- 8.3.3 SWOT Analysis
8.4 Sinochem Holdings Corporation Ltd. (SASAC)
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
8.5 Eastman Chemical Company
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 SWOT Analysis
8.6 Honeywell International, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
  - 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.6 SWOT Analysis
8.7 Saudi Arabian Oil Company
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
  - 8.7.5.1 Partnerships, Collaborations, and Agreements:
- 8.7.6 SWOT Analysis
8.8 Shell plc
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
8.9 Exxon Mobil Corporation
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 Recent strategies and developments:
  - 8.9.5.1 Geographical Expansion:
- 8.9.6 SWOT Analysis
8.10. Chevron Phillips Chemical Company LLC
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 SWOT Analysis

LIST OF TABLES

TABLE 1 Asia Pacific Xylene Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Xylene Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Solvents Market, by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Solvents Market, by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Solvents Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Solvents Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Monomers Market, by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Monomers Market, by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Monomers Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Monomers Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Mixed Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Mixed Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Mixed Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Mixed Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Ortho-Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Ortho-Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Ortho-Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Ortho-Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Meta-Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Meta-Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Meta-Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Meta-Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Para-Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Para-Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Para-Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Para-Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Asia Pacific Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 Asia Pacific Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 China Xylene Market, 2019 - 2022, USD Million
TABLE 46 China Xylene Market, 2023 - 2030, USD Million
TABLE 47 China Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 48 China Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 49 China Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 50 China Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 51 China Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 52 China Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 53 China Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 54 China Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 55 China Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 56 China Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 57 Japan Xylene Market, 2019 - 2022, USD Million
TABLE 58 Japan Xylene Market, 2023 - 2030, USD Million
TABLE 59 Japan Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 60 Japan Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 61 Japan Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 62 Japan Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 63 Japan Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 64 Japan Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 65 Japan Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 66 Japan Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 67 Japan Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 68 Japan Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 69 India Xylene Market, 2019 - 2022, USD Million
TABLE 70 India Xylene Market, 2023 - 2030, USD Million
TABLE 71 India Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 72 India Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 73 India Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 74 India Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 75 India Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 76 India Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 77 India Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 78 India Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 79 India Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 80 India Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 81 South Korea Xylene Market, 2019 - 2022, USD Million
TABLE 82 South Korea Xylene Market, 2023 - 2030, USD Million
TABLE 83 South Korea Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 84 South Korea Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 85 South Korea Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 86 South Korea Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 87 South Korea Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 88 South Korea Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 89 South Korea Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 90 South Korea Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 91 South Korea Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 92 South Korea Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 93 Singapore Xylene Market, 2019 - 2022, USD Million
TABLE 94 Singapore Xylene Market, 2023 - 2030, USD Million
TABLE 95 Singapore Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Singapore Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Singapore Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 98 Singapore Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 99 Singapore Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 100 Singapore Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 101 Singapore Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 102 Singapore Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 103 Singapore Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 104 Singapore Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 105 Malaysia Xylene Market, 2019 - 2022, USD Million
TABLE 106 Malaysia Xylene Market, 2023 - 2030, USD Million
TABLE 107 Malaysia Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 108 Malaysia Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 109 Malaysia Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 110 Malaysia Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 111 Malaysia Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 112 Malaysia Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 113 Malaysia Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 114 Malaysia Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 115 Malaysia Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 116 Malaysia Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of Asia Pacific Xylene Market, 2019 - 2022, USD Million
TABLE 118 Rest of Asia Pacific Xylene Market, 2023 - 2030, USD Million
TABLE 119 Rest of Asia Pacific Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of Asia Pacific Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Asia Pacific Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 122 Rest of Asia Pacific Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 123 Rest of Asia Pacific Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Asia Pacific Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of Asia Pacific Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 126 Rest of Asia Pacific Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 127 Rest of Asia Pacific Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of Asia Pacific Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 129 Key Information - Reliance Industries Limited
TABLE 130 Key Information - INEOS Group Holdings S.A.
TABLE 131 Key Information - MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 132 Key Information - Sinochem Holdings Corporation Ltd.
TABLE 133 Key Information - Eastman Chemical Company
TABLE 134 Key Information - Honeywell International, Inc.
TABLE 135 Key Information - Saudi Arabian Oil Company
TABLE 136 Key Information - Shell plc
TABLE 137 Key Information - Exxon Mobil Corporation
TABLE 138 Key Information - Chevron Phillips Chemical Company LLC

Asia Pacific Xylene Market Size, Share & Industry Trends Analysis Report By Additives (Solvents, Monomers, and Others), By Type (Mixed Xylene, Ortho-Xylene, Meta-Xylene, and Para-Xylene), By Country and Growth Forecast, 2023 - 2030