Global Paraxylene Market 2017-2021

  • ID: 4424927
  • Report
  • Region: Global
  • 84 pages
  • TechNavio
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FEATURED COMPANIES

  • BP
  • Braskem
  • Chevron Phillips Chemical
  • China National Petroleum
  • Exxon Mobil
  • GS Caltex
  • MORE
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.

The 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
  • APAC
  • Europe
  • MEA
The 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
  • FORMOSA CHEMICALS & FIBER CORPORATION
  • GS Caltex
  • Honeywell International
  • JXTG Holdings
  • Kuwait Paraxylene Production Company
  • Orpic
  • S-OIL
Market drivers
  • Potential growth in APAC
  • For a full, detailed list, view the full report
Market challenges
  • Fluctuation in raw material prices
  • For a full, detailed list, view the full report
Market trends
  • Recycling of PET
  • For a full, detailed list, view the full 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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FEATURED COMPANIES

  • BP
  • Braskem
  • Chevron Phillips Chemical
  • China National Petroleum
  • Exxon Mobil
  • GS Caltex
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

PART 05: MARKET LANDSCAPE
  • Market Overview
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Global paraxylene market by application
  • Global paraxylene market for PTA
  • Global paraxylene market for DMT
  • Global paraxylene market for others
PART 07: MARKET SEGMENTATION BY END-USER
  • Global paraxylene market by end-user
  • Global paraxylene market for polyester fiber
  • Global paraxylene market for packaging
  • Global paraxylene market for others
PART 08: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Paraxylene market in APAC - market size and forecast
  • Paraxylene market in the Americas - market size and forecast
  • Paraxylene market in MEA - market size and forecast
  • Paraxylene market in Europe - market size and forecast
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Recycling of PET
  • Introduction of MTA
  • Growing usage of bio-based paraxylene
PART 12: VENDOR LANDSCAPE
  • Competitive scenario
  • Major market vendors
  • Other prominent vendors
PART 13: KEY VENDOR ANALYSIS
  • Braskem
  • BP
  • Chevron Phillips Chemical
  • Exxon Mobil
  • Reliance Industries
PART 14: APPENDIX
  • List of abbreviations
LIST OF EXHIBITS
Exhibit 01: Production of paraxylene via isomerization of mixed xylenes
Exhibit 02: Production of paraxylene via toluene methylation process
Exhibit 03: Production of paraxylene via catalytic reformation of naphtha
Exhibit 04: Global paraxylene market: An overview
Exhibit 05: Global paraxylene market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global paraxylene market by application 2016 (% share of revenue)
Exhibit 08: Global paraxylene market by application 2021 (% share of revenue)
Exhibit 09: Application wise percentage share forecast 2016-2021
Exhibit 10: Global paraxylene market for PTA 2016-2021 ($ millions)
Exhibit 11: Global paraxylene market for DMT 2016-2021 ($ millions)
Exhibit 12: Global paraxylene market for others 2016-2021 ($ millions)
Exhibit 13: Global paraxylene market by end-user 2016 (% share of revenue)
Exhibit 14: Global paraxylene market by end-user 2021 (% share of revenue)
Exhibit 15: End-user wise percentage share forecast 2016-2021
Exhibit 16: Global paraxylene market for polyester fiber 2016-2021 ($ millions)
Exhibit 17: Global paraxylene market for packaging 2016-2021 ($ millions)
Exhibit 18: Global paraxylene market for others 2016-2021 ($ millions)
Exhibit 19: Global paraxylene market by geography 2016-2021
Exhibit 20: Regional comparison
Exhibit 21: Paraxylene market in APAC 2016-2021 ($ millions)
Exhibit 22: APAC - Year-over-year growth
Exhibit 23: Paraxylene market in the Americas 2016-2021 ($ millions)
Exhibit 24: Americas - Year-over-year growth
Exhibit 25: Paraxylene market in MEA 2016-2021 ($ millions)
Exhibit 26: MEA - Year-over-year growth
Exhibit 27: Paraxylene market in Europe 2016-2021 ($ millions)
Exhibit 28: Europe - Year-over-year growth
Exhibit 29: PET recycling methods
Exhibit 30: Global paraxylene market: Major vendors
Exhibit 31: Braskem: Business unit segmentation
Exhibit 32: BP: Business segmentation by revenue 2016
Exhibit 33: BP: Geographical segmentation by revenue 2016
Exhibit 34: Chevron Phillips Chemical: Business segmentation by revenue 2016
Exhibit 35: Chevron Phillips Chemical: Geographical segmentation by revenue 2016
Exhibit 36: Exxon Mobil: Business segmentation by revenue 2016
Exhibit 37: Exxon Mobil: Geographical segmentation by revenue 2016
Exhibit 38: Reliance Industries: Business segmentation by revenue 2016
Exhibit 39: Reliance Industries: Geographical segmentation by revenue 2016
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FEATURED COMPANIES

  • BP
  • Braskem
  • Chevron Phillips Chemical
  • China National Petroleum
  • Exxon Mobil
  • GS Caltex
  • MORE
New Report Released: - Global Paraxylene Market 2017-2021

The author of the report recognizes the following companies as the key players in the global paraxylene market: Braskem, BP, Chevron Phillips Chemical, Exxon Mobil, and Reliance Industries.

Other Prominent Vendors in the market are: China National Petroleum, FORMOSA CHEMICALS & FIBER CORPORATION, GS Caltex, Honeywell International, JXTG Holdings, Kuwait Paraxylene Production Company, Orpic, and S-OIL.

Commenting on the report, an analyst from the research team said: “One trend in the market is recycling of PET. Owing to its increasing consumption and non-biodegradable nature, PET waste disposal has raised serious environmental and economic concerns. Thus, the management of PET waste has become a crucial social issue. Hence, recycling is viewed as the most viable option for the treatment of waste PET.”

According to the report, one driver in the market is potential growth in APAC. In the last few years, the demand for polymers in China, including polyester, was spurred by the Chinese government's stimulus packages. The domestic demand for finished goods soared, regardless of a slowdown in the export business amid the global financial crisis. The domestic consumption of textiles and clothing increased to two-thirds of total supply. Amid the current uncertainties among Western economies, export markets are not very promising, and the growth of Chinese polyester fiber consumption will depend on domestic consumption of textile and clothing.

Further, the report states that one challenge in the market is fluctuation in raw material prices. The global paraxylene market is exposed to fluctuations pertaining to raw material and energy prices. In the past few years, crude oil and natural gas were comparatively stable in terms of supply and demand. In the mid-2014, when the Organization of the Petroleum Exporting Countries (OPEC) announced no reduction in the production to match crude oil supply or demand across the world, a rapid decline in crude oil prices was registered. However, raw material price fluctuation, especially for crude oil-based feedstock till date, hinders the growth of the global paraxylene market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Braskem
  • BP
  • Chevron Phillips Chemical
  • Exxon Mobil
  • Reliance Industries
  • China National Petroleum
  • FORMOSA CHEMICALS & FIBER CORPORATION
  • GS Caltex
  • Honeywell International
  • JXTG Holdings
  • Kuwait Paraxylene Production Company
  • Orpic
  • S-OIL
Note: Product cover images may vary from those shown
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