Xylenes are petrochemicals, which are produced during the manufacturing of coke fuel through catalytic reforming and coal carbonization processes. Generally, xylenes are mainly produced as a part of the benzene, toluene, xylene (BTX) aromatics. It is extracted from the product known as reformate. Ortho-xylene is one among the three product types of xylenes. Ortho-xylene is the commercial form of xylene isomer with two methyl substituents bonded to the aromatic ring. It is extracted from para-xylene production process through distillation.
Technavio’s analysts forecast the global ortho-xylene market to grow at a CAGR of 6.73% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global ortho-xylene market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • APAC • Europe • North America • ROW
Technavio’s report, Global Ortho-xylene Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Braskem • Formosa Chemicals & Fibre • Reliance Industries • Royal Dutch Shell • US Petrochemical
Other prominent vendors • China National Petroleum • LOTTE CHEMICAL • MP Biomedicals • Nutan Chemicals • PTT Global Chemical • Sigma-Aldrich • Tokyo Chemical Industry
Market driver • Increased demand from automobile industry • For a full, detailed list, view our report
Market challenge • Logistical concern related to hazardous chemicals • For a full, detailed list, view our report
Market trend • Surge in pricing margin • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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