Global Paraxylene Market 2017-2021

Global Paraxylene Market 2017-2021

  • November 2017 •
  • 84 pages •
  • Report ID: 5192402 •
  • Format: PDF
About Paraxylene

Paraxylene (PX), also known as P-Xylene, is an aromatic hydrocarbon. It is one of the 3 isomers of dimethylbenzene, popularly known as xylene. Para indicates that the 2 methyl groups in paraxylene occupy the diametrically opposite substituent positions 1 and 4. Paraxylene differs from orthoxylene and metaxylene based on the substitution pattern of the 2 methyl groups. Paraxylene is a colorless, volatile liquid and a very important raw material in the preparation of polyethylene terephthalate (PET) chips.

Technavio’s analysts forecast the global paraxylene market to grow at a CAGR of 9.71% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global paraxylene 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:
• Americas
• Europe

Technavio’s report, Global Paraxylene 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
• BP
• Chevron Phillips Chemical
• Exxon Mobil
• Reliance Industries

Other prominent vendors
• China National Petroleum
• GS Caltex
• Honeywell International
• JXTG Holdings
• Kuwait Paraxylene Production Company
• Orpic

Market driver
• Potential growth in APAC
• For a full, detailed list, view our report

Market challenge
• Fluctuation in raw material prices
• For a full, detailed list, view our report

Market trend
• Recycling of PET
• 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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