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Meta Xylene - Global Strategic Business Report

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    Report

  • 179 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030158

Global Meta Xylene Market to Reach $1.9 Billion by 2030

The global market for Meta Xylene estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Isophthalic Acid Production, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$1.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the 2,4-Xylidine & 2,6-Xylidine Production segment is readjusted to a revised 4.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $355.6 Million, While China is Forecast to Grow at 7.2% CAGR

The Meta Xylene market in the U.S. is estimated at US$355.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$424.6 Million by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Select Competitors (Total 12 Featured) -

  • Chevron Corporation
  • Compania Espanola de Petroleos SA
  • ConocoPhillips Company
  • Eastman Chemical Company
  • Formosa Chemicals & Fibre Corporation
  • Hanwha Total Petrochemical Co., Ltd.
  • JX Nippon Oil & Energy Corporation
  • Lotte Chemical Corporation
  • Mitsubishi Gas Chemical Co., Inc.
  • Perstorp Holding AB
  • Phillips 66 Company
  • Royal Dutch Shell PLC
  • Total Petrochemicals & Refining USA, Inc.
  • Versalis SpA

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Meta Xylene

What is the estimated value of the Global Market for Meta Xylene?

The Global Market for Meta Xylene was estimated to be valued at $1.3 Billion in 2022.

What is the growth rate of the Global Market for Meta Xylene?

The growth rate of the Global Market for Meta Xylene is 4.9%, with an estimated value of $1.9 Billion by 2030.

What is the forecasted size of the Global Market for Meta Xylene?

The Global Market for Meta Xylene is estimated to be worth $1.9 Billion by 2030.

Who are the key companies in the Global Market for Meta Xylene?

Key companies in the Global Market for Meta Xylene include Chevron Corporation, Compania Espanola de Petroleos SA, ConocoPhillips Company, Eastman Chemical Company, Formosa Chemicals & Fibre Corporation, Hanwha Total Petrochemical Co., Ltd., JX Nippon Oil & Energy Corporation, Lotte Chemical Corporation, Mitsubishi Gas Chemical Co., Inc. and Perstorp Holding AB.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Meta Xylene - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Meta Xylene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Meta Xylene by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Meta Xylene by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Isophthalic Acid Production by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Isophthalic Acid Production by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Isophthalic Acid Production by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Solvent by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Solvent by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Solvent by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Meta Xylene Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 14: World Recent Past, Current & Future Analysis for 2,4-Xylidine & 2,6-Xylidine Production by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 15: World Historic Review for 2,4-Xylidine & 2,6-Xylidine Production by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 16: World 16-Year Perspective for 2,4-Xylidine & 2,6-Xylidine Production by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 17: USA Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 18: USA Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 19: USA 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
CANADA
  • Table 20: Canada Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 21: Canada Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 22: Canada 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
JAPAN
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 23: Japan Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 24: Japan Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 25: Japan 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
CHINA
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 26: China Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 27: China Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 28: China 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
EUROPE
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 29: Europe Recent Past, Current & Future Analysis for Meta Xylene by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 30: Europe Historic Review for Meta Xylene by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 31: Europe 16-Year Perspective for Meta Xylene by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
  • Table 32: Europe Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 33: Europe Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 34: Europe 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
FRANCE
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 35: France Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 36: France Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 37: France 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
GERMANY
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 38: Germany Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 39: Germany Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 40: Germany 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
ITALY
  • Table 41: Italy Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 42: Italy Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 43: Italy 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
UNITED KINGDOM
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 44: UK Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 45: UK Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 46: UK 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
SPAIN
  • Table 47: Spain Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 48: Spain Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 49: Spain 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
RUSSIA
  • Table 50: Russia Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 51: Russia Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 52: Russia 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
REST OF EUROPE
  • Table 53: Rest of Europe Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 54: Rest of Europe Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 55: Rest of Europe 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
ASIA-PACIFIC
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Meta Xylene by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 57: Asia-Pacific Historic Review for Meta Xylene by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 58: Asia-Pacific 16-Year Perspective for Meta Xylene by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
  • Table 59: Asia-Pacific Recent Past, Current & Future Analysis for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 60: Asia-Pacific Historic Review for Meta Xylene by Application - Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 61: Asia-Pacific 16-Year Perspective for Meta Xylene by Application - Percentage Breakdown of Value Sales for Isophthalic Acid Production, 2,4-Xylidine & 2,6-Xylidine Production, Solvent and Other Applications for the Years 2014, 2023 & 2030
AUSTRALIA
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Meta Xylene Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Chevron Corporation
  • Compania Espanola de Petroleos SA
  • ConocoPhillips Company
  • Eastman Chemical Company
  • Formosa Chemicals & Fibre Corporation
  • Hanwha Total Petrochemical Co., Ltd.
  • JX Nippon Oil & Energy Corporation
  • Lotte Chemical Corporation
  • Mitsubishi Gas Chemical Co., Inc.
  • Perstorp Holding AB
  • Phillips 66 Company
  • Royal Dutch Shell PLC
  • Total Petrochemicals & Refining USA, Inc.
  • Versalis SpA