Paraxylene Market PDF 2021-2026: Size, Share, Trends, Analysis

1. Global Paraxylene Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Paraxylene Market Outlook 2026: As per the latest report by IMARC Group, titled “Paraxylene (PX) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global paraxylene market size is experiencing moderate growth. Paraxylene, also known as P-Xylene or PX, is a colorless, aromatic, toxic and organic compound that is highly flammable at room temperature. It is one of the isomers of xylene, other than M-xylene and O- xylene. Paraxylene occurs naturally in coal tar and petroleum and can be synthetically obtained from benzene. Paraxylene is used as a raw material for producing various industrial chemicals, including dimethyl- terephthalate (DMT) and purified terephthalic acid (PTA). These chemicals are further used to manufacture plastics such as polyethylene terephthalate (PET). Request for a free sample report: https://www.imarcgroup.com/paraxylene-market/requestsample

4. Report Description and Highlights Report Description Global Paraxylene Market Trends: Paraxylene finds several applications across the packaging, construction, textile and cosmetics industries. In the packaging and cosmetics industry, there has been an increase in the use of paraxylene in the production of plastic bottles and containers for toiletries and other personal care products. Other than this, various technological innovations within the textile industry have stimulated the demand for PET-based fiber for making curtains, upholstery and clothing. Other uses of PET include the production of construction materials, magnetic tapes, furniture, films for X-rays, packaging for processed meats, boil-in bags and polyester films. With rising prosperity, the demand for these products is growing, which in turn is influencing the global paraxylene market outlook. Apart from this, as paraxylene is moderately unsafe for aquatic organisms and the environment, several regulatory bodies are tracking the manufacturing units to regulate plant-generated emissions. This has pushed producers to employ biological paths to produce bio-based paraxylene, which is more environment-friendly.

5. Report Description Report Description and Highlights Market Summary: Breakup by Application: • Purified Terephthalic Acid (PTA) • Dimethyl Terephthalate (DMT) • Others Breakup by End Use Industry: • Plastics • Textile • Others Breakup by Region: • Asia Pacific • North America • Europe • Middle East and Africa • Latin America Looking forward, the global paraxylene (PX) market is expected to grow at a CAGR of around 5% during the forecast period (2021-2026).

6. Report Description and Highlights Report Description Competitive Landscape With Keyplayer • BP PLC • Braskem SA • PT Pertamina • Chevron Phillips Chemical • China National Petroleum Corporation • Fujian Refining & Petrochemical (FREP) Company Limited • ExxonMobil Corporation • JX Nippon Oil & Energy Corporation • Mitsubishi Gas Chemical Co. Inc. • The National Petrochemical Company (NPC) Iran • Reliance Industries Limited • China Petroleum & Chemical Corporation or Sinopec • Toray Industries Inc. • Mangalore Refinery and Petrochemicals Limited • S.K. Innovation Co. Ltd. View Report TOC, Figures and Tables : https://www.imarcgroup.com/paraxylene-market

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9. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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