Global paraxylene market is estimated to reach $

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Global Paraxylene Market is Estimated to Reach $79.3 Billion by 2024


Paraxylene MarketÂ


Paraxylene Market ď ľ

Global Paraxylene Market is expected to reach $79.3 billion by 2024 growing at a CAGR of 9.7% from 2016 to 2024. Paraxylene, also known as p-xylene, is a chemical essential for producing a diverse range of polyethylene terephthalate (PET) and fiber consumer products. It is mostly used for the production of fiber, film, and bottle resins, while it is also used in small amount as solvent and to produce herbicides, and di-paraxylene. PET bottles are widely used for water and carbonated beverages owing to its non-breakage properties and carbon dioxide barrier properties. Moreover, technological advancements have enabled the development of new process and reconfigure the aromatics complex to increase production capacity.

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Global Paraxylene Market Size and Forecast,2015-2024 (US$ Billion)


Paraxylene Market ď ľ

Increasing demand for polyesters, growing application segments, increased conservation efficiency, and low manufacturing cost are the key factors driving the growth of the global paraxylene market. However, increasing popularity of bio-based products, and complex formation process could be a major hindrance for the market growth. Furthermore, technological advancements and market expansion would create growth opportunities in coming years.

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The global paraxylene market is segmented as end user, application, and geography. End user includes packaging, polyester fiber, and other end users. Application is bifurcated as purified terephthalic acid (PTA), dimethylterephthalate (DMT), di-paraxylene (DI-PX), and other applications.


Paraxylene Market ď ľ

Based on geographical analysis, paraxylene market is segmented into North America, Europe, Asia-Pacific, Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe consists of UK, Germany, Italy, France, and rest of Europe. Asia-Pacific is segmented into China, India, Japan, South Korea, and rest of Asia-Pacific, while RoW is bifurcated into South America, Middle East, and Africa.

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Global Paraxylene Market Regional Revenue % (2016 VS 2024)


Top Manufactures 

Toray Industries Inc.

British Petroleum PLC

ONGC

JX Nippon Oil & Energy Corp.

Reliance Industries Ltd.

Teijin Fibers

S-Oil Corporation

CNOOC Limited

BASF SE and

Chevron Phillips Chemical Company LLC


The key takeaways from the report 

The report will provide detailed analysis of Global Paraxylene Market with respect to major segments such as end user, and application

The report will include the qualitative and quantitative analysis with market estimation over 2015 – 2024 and compound annual growth rate (CAGR) between 2016 and 2024

Comprehensive analysis of market dynamics opportunities will be provided in the report

An exhaustive regional analysis of Global Paraxylene Market will be included in the report

Profile of the key players in the Global Paraxylene Market will be provided, which include key financials, product & services, new developments and business strategies

including

factors

and


Scope of Global Paraxylene Market 

End User Segments

Packaging

Polyester Fiber

Other End Users

Application Segments

Purified Terephthalic Acid (PTA)

Dimethyl-Terephthalate (DMT)

Di-Paraxylene (DI-PX)

Other Applications


Geographical Segments: 

North America 

U.S.

Canada

Mexico

Europe 

UK

Germany

Italy

France

Rest of Europe


Geographical Segments: 

Asia-Pacific 

China

India

Japan

South Korea

Rest of Asia-Pacific

RoW 

South America

Middle East

Africa


Global Paraxylene Market Primary Interviews by Geography


Table of Content 

Chapter 1 Prefix

1.1 Market Scope

1.2 Report Description

1.3 Research Methodology

1.3.1 Primary Research

1.3.2 Secondary Research

1.3.3 In-house Data Modeling

Chapter 2 Executive Summary


Table of Content 

Chapter 3 Market Outline

3.1 Market Inclination, Trend, Outlook and Viewpoint

3.2 Market Share Analysis: Company’s Competitive Scenario

3.3 Market Dynamics

3.3.1 Drivers

   

3.3.1.1 Impact Analysis 3.3.2 Restraints 3.3.2.1 Impact Analysis 3.3.3 Opportunities

………………………….


Table of Content 

Chapter 7 Company Profiles

7.1 Toray Industries, Inc.

7.2 British Petroleum PLC

7.3 ONGC

7.4 JX Nippon Oil & Energy Corp.

7.5 Reliance Industries Ltd.

7.6 Teijin Fibers

7.7 S-Oil Corporation

7.8 CNOOC Limited

7.9 BASF SE

7.10 Chevron Phillips Chemical Company LLC


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