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PUBLISHER: Grand View Research | PRODUCT CODE: 1363435
PUBLISHER: Grand View Research | PRODUCT CODE: 1363435
Xylene Market Size, Share & Trends Analysis Report By Additives (Solvents, Monomers), By Type (Ortho-Xylene, Meta-Xylene, Mixed Xylene), By Region, And Segment Forecasts, 2023 - 2030
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Xylene Market Growth & Trends:
The global xylene market size is anticipated to reach USD 57.0 billion by 2030, as per a new report from Grand View Research, Inc.. The market is projected to grow at a CAGR of 8.0% from 2023 to 2030. This is attributable to the increasing demand for products such as solvent-based paints, varnishes, enamels, adhesives, sealants, pharmaceuticals, plastics, and synthetic fibers, which fuels the growth of the market.
Solvent-based paints, varnishes, and enamels rely on xylene as an essential component in the formulation of high-quality coatings. Xylene acts as a highly effective solvent, facilitating the dissolution and dispersion of pigments and binders within these paint formulations. Its rapid evaporation characteristics and ability to contribute to desired drying and curing properties make it an indispensable ingredient in the paint manufacturing process. Similarly, in the adhesives and sealants industry, xylene serves as a crucial solvent for dissolving additives and optimizing the bonding properties of these products. By aiding in the dissolution of additives, xylene enhances the adhesion strength and overall performance characteristics when applied to diverse materials.
The pharmaceutical industry extensively utilizes xylene in the production of medicines and active pharmaceutical ingredients. It acts as a versatile and efficient solvent, aiding in the synthesis and formulation of various drugs. Xylene's excellent solubility and compatibility with a wide range of compounds make it an integral component of pharmaceutical manufacturing processes. In addition, xylene plays a critical role in the production of plastics, including polyester and polyethylene terephthalate (PET). These plastics have widespread applications in industries such as packaging, textiles, and automotive manufacturing. Xylene is actively involved in the synthesis and processing of these plastics, contributing to their unique properties and functionality.
Xylene Market Report Highlights:
- In terms of additives, the solvent segment emerged as the fastest-growing application segment with a CAGR of 7.8% from 2023 to 2030. Xylene is widely used as a solvent in industries ranging from paints and adhesives to chemical manufacturing
- Based on type, the mixed-xylene segment dominated the market in 2022 with the largest revenue share. Mixed xylene, as the name suggests, is a combination of the three isomers - ortho-xylene, meta-xylene, and para-xylene. It is primarily employed as a solvent in various applications such as paints, coatings, adhesives, and thinners
- Based on region, Asia Pacific emerged as the fastest-growing region with a CAGR of 8.8% from 2023 to 2030, due to the demand for solvents and monomers in countries like China, Japan, India, and South Korea, which contribute to the overall market
- In April 2021, Tecnimont Private Limited was granted an Engineering, Procurement, Construction, and Commissioning (EPCC) contract by Indian Oil Corporation Limited (IOCL) to establish a comprehensive paraxylene (PX) and purified terephthalic acid (PTA) plant in Paradip, Odisha. The contract is valued at USD 450 million and involves integrating the plant with the existing Jagatsinghpur refinery facility in Odisha
- China holds a prominent position as a major producer of PET resins, with industry leaders such as PetroChina Group and Jiangsu Sangfangxiang standing out as significant global manufacturers, boasting a combined capacity exceeding 2 million tons. Consequently, the increasing demand for PET from various end-user industries is a key driving force behind the surge in the demand for paraxylene
- The paints and coatings sectors are both experiencing a growth in the utilization of xylene owing to substantial investments and expansions in the industry. Notably, the American Coatings Association reports that the production of paints and coatings in the United States surpassed 1.36 billion gallons in 2022. Projections indicate that the industry's output in 2023 is anticipated to surpass 1.38 billion gallons
Product Code: GVR-4-68040-112-5
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.4 Information analysis
- 1.5 Market formulation & data visualization
- 1.6 Data validation & publishing
- 1.6.1 Research scope and assumptions
- 1.6.2 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segmental Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Xylene: Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Market Outlook
- 3.2 Industry Value Chain Analysis
- 3.3 Price Trend Analysis, 2018 - 2030
- 3.4 Regulatory Framework
- 3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.2 Market Restraint Analysis
- 3.5.3 Industry Challenges Analysis
- 3.5.4 Industry Opportunities Analysis
- 3.6 Industry Analysis - Porter's Analysis
- 3.7 Macroeconomic Analysis - PESTLE
Chapter 4 Xylene Market: Supplier Portfolio Analysis
- 4.1 List of Raw Material Suppliers
- 4.2 Raw Materials Trends
- 4.3 Portfolio Analysis/ Kraljic Matric
- 4.4 Engagement Model
- 4.5 Negotiation Strategies
- 4.6 Sourcing Best Practices
Chapter 5 Xylene Market: Additives Estimates & Trend Analysis
- 5.1 Additives Movement Analysis & Market Share, 2022 & 2030
- 5.2 Xylene Market Estimates & Forecast, by Additives (Million Tons) (USD Billion)
- 5.2.1 Solvents
- 5.2.1.1 Xylene Market Estimates and Forecasts, In Solvents 2018 - 2030 (Million Tons) (USD Billion)
- 5.2.2 Monomers
- 5.2.2.1 Xylene Market Estimates and Forecasts, In Monomers 2018 - 2030 (Million Tons) (USD Billion)
- 5.2.3 Others
- 5.2.3.1 Xylene Market Estimates and Forecasts, In Others 2018 - 2030 (Million Tons) (USD Billion)
- 5.2.1 Solvents
Chapter 6 Xylene Market: Type Estimates & Trend Analysis
- 6.1 Additives Movement Analysis & Market Share, 2022 & 2030
- 6.2 Xylene Market Estimates & Forecast, by Additives (Million Tons) (USD Billion)
- 6.2.1 Ortho-Xylene
- 6.2.1.1 Ortho-Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 6.2.2 Meta-Xylene
- 6.2.2.1 Meta-Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 6.2.3 Para-Xylene
- 6.2.3.1 Para-Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 6.2.4 Mixed Xylene
- 6.2.4.1 Mixed-Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 6.2.1 Ortho-Xylene
Chapter 7 Xylene Market: Regional Estimates & Trend Analysis
- 7.1 Xylene Market: Regional Outlook
- 7.2 North America
- 7.2.1 North America Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.2.2 U.S.
- 7.2.2.1 Key country dynamics
- 7.2.2.2 U.S. Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.2.3 Canada
- 7.2.3.1 Key country dynamics
- 7.2.3.2 Canada Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.2.4 Mexico
- 7.2.4.1 Key country dynamics
- 7.2.4.2 Mexico Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3 Europe
- 7.3 1 Europe Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3.2 Germany
- 7.3.2.1 Key country dynamics
- 7.3.2.2 Germany Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3.3 Italy
- 7.3.3.1 Key country dynamics
- 7.3.3.2 Italy Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3.4 Belgium
- 7.3.4.1 Key country dynamics
- 7.3.4.2 Belgium Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3.5 UK
- 7.3.5.1 Key country dynamics
- 7.3.5 2 UK Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3.6 France
- 7.3.6.1 Key country dynamics
- 7.3.6 2 France Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3.7 Netherland
- 7.3.7.1 Key country dynamics
- 7.3.7 2 Netherland Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3.8 Russia
- 7.3.8.1 Key country dynamics
- 7.3.8 2 Russia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.3.2 Germany
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.4.2 China
- 7.4.2.1 Key country dynamics
- 7.4.2.2 China Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.4.3 India
- 7.4.3.1 Key country dynamics
- 7.4.3.2 India Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.4.4 Japan
- 7.4.4.1 Key country dynamics
- 7.4.4.2 Japan Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.4.5 Malaysia
- 7.4.5.1 Key country dynamics
- 7.4.5.2 Malaysia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.4.6 Indonesia
- 7.4.6.1 Key country dynamics
- 7.4.6.2 Indoneisa Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.4.7 Vietnam
- 7.4.7.1 Key country dynamics
- 7.4.7.2 Vietnam Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.4.8 Australia
- 7.4.8.1 Key country dynamics
- 7.4.8.2 Australia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.4.9 New Zealand
- 7.4.9.1 Key country dynamics
- 7.4.9.2 New Zealand Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5 Middle East & Africa
- 7.5.1 Middle East & Africa Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5.2 Saudi Arabia
- 7.5.2.1 Key country dynamics
- 7.5.2.2 Saudi Arabia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5.3 South Africa
- 7.5.3.1 Key country dynamics
- 7.5.3.2 South Africa Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5.4 Iran
- 7.5.4.1 Key country dynamics
- 7.5.4.2 Iran Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5.6 Oman
- 7.5.6.1 Key country dynamics
- 7.5.6.2 Oman Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5.7 Qatar
- 7.5.7.1 Key country dynamics
- 7.5.7.2 Qatar Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5.8 Kuwait
- 7.5.8.1 Key country dynamics
- 7.5.8.2 Kuwait Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5.9 Anghola
- 7.5.9.1 Key country dynamics
- 7.5.9 2 Angola Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.5.10 Nigeria
- 7.5.10.1 Key country dynamics
- 7.5.10.2 Nigeria Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.6 Central & South America
- 7.6.1 Central & South America Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.6.2 Brazil
- 7.6.2.1 Key country dynamics
- 7.6.2.2 Brazil Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.6.3 Argentina
- 7.6.3.1 Key country dynamics
- 7.6.3.2 Argentina Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.6.4 Colombia
- 7.6.4.1 Key country dynamics
- 7.6.4.2 Colombia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- 7.6.5 Peru
- 7.6.5.1 Key country dynamics
- 7.6.5.2 Peu Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
Chapter 8 Competitive Landscape
- 8.1 Company Categorization
- 8.2 Company Market Positioning
- 8.3 Company Heat Map Analysis
- 8.4 Strategy Mapping
- 8.5 Company Listing (Company Overview, Product Benchmarking, Financial Performance)
- 8.5.1 Exxon Mobil Corporation,
- 8.5.2 Reliance Industries Limited
- 8.5.3 INEOS
- 8.5.4 Mitsubishi Gas Chemical Company, Inc.
- 8.5.5 CNPC (China National Petroleum Corporation)
- 8.5.6 Chevron Phillips Chemical Company
- 8.5.7 Eastman Chemical Company
- 8.5.8 Honeywell International Inc.
- 8.5.9 Saudi Arabian Oil Co.
- 8.5.10 Royal Dutch Shell plc
Product Code: GVR-4-68040-112-5
List of Tables
- Table 1 U.S. macro-economic outlay
- Table 2 Canada macro-economic outlay
- Table 3 Mexico macro-economic outlay
- Table 4 Germany macro-economic outlay
- Table 5 UK macro-economic outlay
- Table 6 France macro-economic outlay
- Table 7 Italy macro-economic outlay
- Table 8 Netherland macro-economic outlay
- Table 9 Belgium macro-economic outlay
- Table 10 Russia macro-economic outlay
- Table 11 China macro-economic outlay
- Table 12 India macro-economic outlay
- Table 13 Japan macro-economic outlay
- Table 14 Malaysia macro-economic outlay
- Table 15 Indoneisa macro-economic outlay
- Table 16 Vietnam macro-economic outlay
- Table 17 Australia macro-economic outlay
- Table 18 New Zealand macro-economic outlay
- Table 19 Brazil macro-economic outlay
- Table 20 Argentina macro-economic outlay
- Table 21 Columbia macro-economic outlay
- Table 22 Peru macro-economic outlay
- Table 23 Saudi Arabia macro-economic outlay
- Table 24 South Africa macro-economic outlay
- Table 25 Iran macro-economic outlay
- Table 26 Oman macro-economic outlay
- Table 27 UAE macro-economic outlay
- Table 28 Qatar macro-economic outlay
- Table 29 Kuwait macro-economic outlay
- Table 30 Nigeria macro-economic outlay
- Table 31 Angola macro-economic outlay
- Table 32 Participant's Overview
- Table 33 Financial Performance
- Table 34 Product Benchmarking
- Table 35 Recent Developments & Impact Analysis, By Key Market Participants
- Table 36 Company Heat Map Analysis
- Table 37 Key companies undergoing expansions
- Table 38 Key companies involved in mergers & acquisitions
- Table 39 Key Companies Undergoing Partnerships
- Table 40 Key companies launching new products
List of Figures
- Fig. 1 Xylene Market Segmentation & Scope
- Fig. 2 Data analysis models
- Fig. 3 Market formulation and validation
- Fig. 4 Data validating & publishing
- Fig. 5 Xylene Market Snapshot
- Fig. 6 Xylene Market Segment Snapshot
- Fig. 7 Xylene Market Competitive Landscape Snapshot
- Fig. 8 Global Lactose and Xylene Market Value, 2022 (USD Billion)
- Fig. 9 Xylene Market: Value Chain Analysis
- Fig. 10 N Methyl Taurine: Market Dynamics
- Fig. 11 Xylene Market: Porter's Analysis
- Fig. 12 Xylene Market: PESTLE Analysis
- Fig. 13 Xylene Market Estimates & Forecasts, by Additives: Key Takeaways
- Fig. 14 Xylene Market Share, By Additives, 2022 & 2030
- Fig. 15 Solvents Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 16 Monomers Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 17 Ortho-Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 18 Meta-Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 19 Para-Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 20 Mixed Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 21 Xylene Market Revenue, by Region, 2022 & 2030 (USD Billion)
- Fig. 22 North America Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 23 U.S. Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 24 Canada Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 25 Mexico Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 26 Europe Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 27 Germany Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 28 UK Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 29 France Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 30 Italy Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 31 Netherland Xylene Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 32 Belgium Xylene Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 33 Russia Xylene Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 34 Asia Pacific Xylene Market Estimates & Forecasts, 2018 - 20302030 (Million Tons) (USD Billion)
- Fig. 35 China Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 36 India Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 37 Japan Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 38 Malaysia Xylene Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 39 Indonesia Xylene Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 40 Vietnam Xylene Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 41 Australia Xylene Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 42 New Zealand Xylene Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 43 Central & South America Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 44 Brazil Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 45 Argentina Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 46 Columbia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 47 Peru Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 48 Middle East & Africa Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 49 Saudi Arabia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 50 Iran Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 51 Oman Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 52 UAE Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 53 Qatar Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 54 Kuwait Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 55 Nigeria Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 56 Angola Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
- Fig. 57 Key Company Categorization
- Fig. 58 Company Market Positioning
- Fig. 59 Global Xylene Market - Company Market Share Analysis - 2022
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