+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Mixed Xylene Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, 2015-2035

  • Report

  • October 2023
  • Region: Global
  • ChemAnalyst
  • ID: 5743528

Quick Summary:

Navigating the complexities of the global Mixed Xylene market can be a daunting task. However, in order to make strategic decisions and remain competitive in your sphere, a thorough understanding of the dynamics and trends in the market is crucial. Acquiring this market research report is the first step on the path towards informed decision-making, and subsequently, success.

Mixed Xylene is a vital ingredient in numerous industrial applications, including as a solvent in manufacturing adhesives, agricultural sprays, pesticides, paints and coatings, and leather chemicals, seeing extensive use in the Isomers industry, gasoline blending, and the Solvents industry. Its versatility and key role in diverse industries are amongst the factors driving the impressive market expansion. Utilizing this report will aid businesses in identifying key market drivers, assessing their competitive environment, and understanding the regional consumption dynamics, with an emphasis on the dominating Asia Pacific market.

This report provides detailed segmentation of the Mixed Xylene market based on end-use industries, enabling you to tailor your strategies to meet market trends and consumer demands. Major players in the production of Mixed Xylene are also highlighted, providing you with insights into potential collaborators, competitors and market leaders.

This market analysis provides the information necessary to stay ahead in the Mixed Xylene market and is an invaluable tool for all industry stakeholders, policy makers, manufacturers and consultants.

The Global Mixed Xylene Market Has Expanded to Reach Approximately 42 Million Tonnes in 2021 and is Expected to Grow at an Impressive CAGR of 6.18% During the Forecast Period Until 2035

The global Mixed Xylene market has expanded to reach approximately 42 million tonnes in 2021 and is expected to grow at an impressive CAGR of 6.18% during the forecast period until 2035. Mixed Xylene is used as a solvent in manufacturing adhesives, agricultural sprays, pesticides, paints & coatings, and leather chemicals.

Mixed Xylene is an aromatic hydrocarbon manufactured by catalytic reforming of petroleum. It is a mixture of all three types of isomers of Xylene (para, ortho, and meta) and a small amount of ethyl benzene. Mixed Xylene helps in reducing the rate of drying and thus is used in many formulations. It can be a perfect replacement for toluene, where a falling drying rate is required. It is one of the most widely used solvents in manufacturing units like leather, rubber & printing. Mixed Xylene is used in bulk to produce leather chemicals like allied and topcoats. The topcoat sector uses the maximum amount of Mixed Xylene as a solvent compared to other divisions in the leather chemical industry because this chemical provides better shelf life to the finished product by reducing the drying rate.

The primary market driving factor of Mixed Xylene is the Isomers industry. Moreover, Mixed Xylene helps provide better antiknock property to fuel and thus is used in gasoline blending. Therefore, its application in Gasoline blending also contributes significantly to the growth in demand of Mixed Xylene. Additionally, in the forecast period Solvent industry is anticipated to play a significant role in the growth of Mixed Xylene owing to construction and industrialization on a global level. The global Mixed Xylene market will most likely reach 95 million tonnes by 2035.

Based on demand by region, the Asia Pacific region is dominating the Mixed Xylene market. In 2021, this region accounted for consumption of approximately 75% of the gross market. APAC is anticipated to retain this position owing to the demand for solvents for producing paints, varnishes, and pigments, with future industrial projects. Moreover, China is the leading manufacturer of Mixed Xylene, followed by the United States. China, Japan, and South Korea are the top producers & exporters of Mixed Xylene in Asia Pacific regions as of 2021. According to the overall export data analysis, China is found to be the leading exporter of Mixed Xylene. Moreover, with the help of an enhanced production and distribution channel, growth of this chemical can be further uplifted in the global market.

Based on the end-user industry, the global Mixed Xylene market is segregated into Isomers, Gasoline blending, Solvents, and Other end-use industries. Mixed Xylene is primarily consumed in the Isomers industry, accounting for 85% of global consumption in 2021. The isomers industry is followed by end uses such as Gas blending and Solvents. The primary use of Mixed Xylene is to serve as a raw material to produce para-, ortho-, and meta-xylene isomers.

Major players in the production of Global Mixed Xylene are China Petroleum & Chemical Corporation (Sinopec), Reliance Industries Limited, Exxon Mobil Corp., SK Global Chemical, Hanwha TotalEnergies Petrochemical, China National Petroleum Corporation, China's Fuhaichuang Petroleum and Petrochemical, Sumitomo Chemical Co.,Ltd & Saudi Aramco, Hengli Petrochemical refinery, Zhejiang Petroleum & Chemical Co Ltd, Hyundai Cosmo Petrochemical (JV of Hundai Oilbank & Cosmo Oil.), and Ningbo Zhongjin PetroChemical Co, Ltd.

Years considered for this report:

  • Historical Period: 2015- 2021
  • Base Year: 2021
  • Estimated Year: 2022
  • Forecast Period: 2023-2035

Objective of the Study:

  • To assess the demand-supply scenario of Mixed Xylene which covers production, demand and supply of Mixed Xylene market in the globe.
  • To analyse and forecast the market size of Mixed Xylene
  • To classify and forecast Global Mixed Xylene market based on end-use and regional distribution.
  • To examine competitive developments such as expansions, mergers & acquisitions, etc., of Mixed Xylene market in the globe.
To extract data for Global Mixed Xylene market, primary research surveys were conducted with Mixed Xylene manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, the publisher was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the report analyzes various segments and projected a positive outlook for Global Mixed Xylene market over the coming years.

The publisher calculated Mixed Xylene demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Mixed Xylene across the globe. The publisher sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the publisher.

Key Target Audience:

  • Mixed Xylene manufacturers and other stakeholders
  • Organizations, forums and alliances related to Mixed Xylene distribution
  • Government bodies such as regulating authorities and policy makers
  • Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Mixed Xylene manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Global Mixed Xylene market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • Market, by End-use: Isomers, Gasoline blending, Solvents, and Other
  • Market, by Sales Channel: Direct Sale and Indirect Sale
  • Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.

Table of Contents

1. Capacity By Company
  • On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Mixed Xylene.
2. Capacity By Location
  • To better understand the regional supply of Mixed Xylene by analyzing its manufacturers' location-based capacity.
3. Production By Company
  • Study the historical annual production of Mixed Xylene by the leading players and forecast how it will grow in the coming years.
4. Demand by End- Use
  • Discover which end-user industry (Isomers, Gasoline blending, Solvents, and Other) are creating a market and the forecast for the growth of the Mixed Xylene market.
5. Demand by Region
  • Analyzing the change in demand of Mixed Xylene in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
6. Demand by Sales Channel (Direct and Indirect)
  • Multiple channels are used to sell Mixed Xylene. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
7. Demand-Supply Gap
  • Determine the supply-demand gap to gain information about the trade surplus or deficiency of Mixed Xylene.
8. Company Share
  • Figure out what proportion of the market share of Mixed Xylene is currently held by leading players across the globe.
9. Country-wise Export
  • Get details about quantity of Mixed Xylene exported by major countries.
10. Country-wise Import
  • Get details about quantity of Mixed Xylene imported by major countries.
11. Pricing Analysis & Forecast
  • Analyze historical prices since 2015 & Forecast on three months rolling period for next 12 months.