The Global Paraxylene Market is projected to grow at a CAGR of 6.3% over the next six years. The growth of the Paraxylene market is primarily due to the increasing demand for paraxylene across several end use industries such as packaging, textile, synthetic resin and other key industries. Additionally, increasing investment particularly in emerging economies is likely to provide impetus to the market growth.
Paraxylene is mainly used for the manufacture of industrial chemicals such as terephthalic acid (TPA), purified terephthalic acid (PTA) and dimethyl-terephthalate (DMT). These are in turn used to produce polyethylene terephthalate (PET) polyesters. Polyesters are used in the manufacturing of fibers and films. PET is widely used for making bottles as well as fabrics for curtains, clothing and upholstery; as containers for toiletries, cosmetics and other consumer products.
However, growing preference for environment friendly products has led to a shift in consumer preference toward the use of more organic and bio-degradable products. Key market players are shifting their focus towards the development of bio-based alternatives in order to reduce the reliance on petrochemical derived paraxylene.
Companies are now increasingly focusing on Asia-Pacific for market capitalization due to technological advancements and availability of cheap skilled labor. Moreover, Rapid industrialization in the region has led to an increased demand for polyester from the packaging and textile industries. Paraxylene market in North America and Europe is expected to grow at a steady rate during the forecast period.
Scope of the report
The main purpose of QuantAlign report is to provide a broad and exhaustive overview of the Global Paraxylene Market, and associated trends
This report fulfils the following objectives:
This report covers all the different Paraxylenes end-use, and related markets
This includes
End use such as:
This report is both application and technology oriented:
Special focuses are also included in this report, based on current trends both for technology and supply chain organization
The report provides detailed market outlook, and forecast of the “Global Paraxylene Market” based on, End-Use, Application, and Region.
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2017-2027 |
| Historical Years | 2017, 2018, 2019 |
| Base Year | 2020 |
| Forecast Period | 2021-2027 |
| Units Considered | USD Million/Kilo Ton |
| Segmentation By End-Use |
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| Segmentation by Application |
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| Region Covered |
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| Key Company Profiles | BASF SE; Chevron Phillips Chemical Company; Exxon Mobil Corporation; BP p.l.c.; Mitsubishi Gas Chemical Company, Inc.; Sinopec Group; Honeywell International Inc.; Indian Oil Corporation Ltd.; Toray Industries, Inc.; Persian Gulf Petrochemical Industry Chemical Company; Reliance Industries Limited; Shell Global.; among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Paraxylene Market – Key industry insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.3.1. Raw material trends
3.3.2. Manufacturing trends
3.4. Technological overview
3.5. Paraxylene Market: developed v/s developing countries
3.6. Market opportunities & trends
3.7. Market dynamics
3.7.1. Market driver analysis
3.7.1.1. Impact analysis
3.7.2. Market restraint analysis
3.7.2.1. Impact analysis
3.8. Industry analysis – Porter’s
3.8.1. Bargaining power of suppliers
3.8.2. Bargaining power of buyers
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Competitive rivalry
3.9. PESTEL analysis
3.10. SWOT Analysis
3.11. Pricing Analysis
3.12. Import/Export Analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
4.4. Opportunity Assessment
CHAPTER 5. COVID-19 Implications
5.1. Global industry impact of COVID-19 pandemic
5.1.1. Impact analysis
5.1.2. Analyst recommendations
CHAPTER 6. Global Paraxylene Market Size and Forecast (2017 - 2027)
6.1. Global Paraxylene Market, By End-Use (USD Million) (Kilo Ton)
6.1.1. Packaging
6.1.2. Polyester fiber
6.1.3. Others
6.2. Global Paraxylene Market, By Application (USD Million) (Kilo Ton)
6.2.1. Pure terephthalic acid (PTA)
6.2.2. Dimethyl terephthalate (DMT)
6.2.3. Dibutyl-phthalate xylene (DI-PX)
6.2.4. Others
6.3. Global Paraxylene Market, By Region (USD Million) (Kilo Ton)
6.3.1. North America
6.3.2. Europe
6.3.3. Asia-Pacific
6.3.4. Central & South America (CSA)
6.3.5. Middle East & Africa (MEA)
CHAPTER 7. Global Paraxylene Market Size and Forecast, By Region (2017 - 2027)
7.1. North America Paraxylene Market (USD Million) (Kilo Ton)
7.1.1. North America Paraxylene Market, By Country (USD Million) (Kilo Ton)
7.1.2. North America Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.1.3. North America Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.1.4. The U.S. Paraxylene Market (USD Million) (Kilo Ton)
7.1.4.1. U.S. Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.1.4.2. U.S. Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.1.5. Canada Paraxylene Market (USD Million) (Kilo Ton)
7.1.5.1. Canada Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.1.5.2. Canada Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.1.6. Mexico Paraxylene Market (USD Million) (Kilo Ton)
7.1.6.1. Mexico Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.1.6.2. Mexico Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.2. Europe Paraxylene Market (USD Million) (Kilo Ton)
7.2.1. Europe Paraxylene Market, By Country (USD Million) (Kilo Ton)
7.2.2. Europe Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.2.3. Europe Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.2.4. Germany Paraxylene Market (USD Million) (Kilo Ton)
7.2.4.1. Germany Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.2.4.2. Germany Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.2.5. The U.K Paraxylene Market (USD Million) (Kilo Ton)
7.2.5.1. The U.K. Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.2.5.2. The U.K. Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.2.6. France Paraxylene Market (USD Million) (Kilo Ton)
7.2.6.1. France Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.2.6.2. France Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.2.7. Italy Paraxylene Market (USD Million) (Kilo Ton)
7.2.7.1. Italy Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.2.7.2. Italy Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.3. Asia-Pacific Paraxylene Market (USD Million) (Kilo Ton)
7.3.1. APAC Paraxylene Market, By Country (USD Million) (Kilo Ton)
7.3.2. APAC Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.3.3. APAC Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.3.4. China Paraxylene Market (USD Million) (Kilo Ton)
7.3.4.1. China Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.3.4.2. China Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.3.5. Japan Paraxylene Market (USD Million) (Kilo Ton)
7.3.5.1. Japan Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.3.5.2. Japan Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.3.6. India Paraxylene Market (USD Million) (Kilo Ton)
7.3.6.1. India Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.3.6.2. India Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.3.7. Australia Paraxylene Market (USD Million) (Kilo Ton)
7.3.7.1. Australia Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.3.7.2. Australia Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.4. Central & South America (CSA) Paraxylene Market (USD Million) (Kilo Ton)
7.4.1. CSA Paraxylene Market, By Country (USD Million) (Kilo Ton)
7.4.2. CSA Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.4.3. CSA Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.4.4. Brazil Paraxylene Market (USD Million) (Kilo Ton)
7.4.4.1. Brazil Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.4.4.2. Brazil Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.5. Middle East & Africa (MEA) Paraxylene Market (USD Million) (Kilo Ton)
7.5.1. MEA Paraxylene Market, By Country (USD Million) (Kilo Ton)
7.5.2. MEA Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.5.3. MEA Paraxylene Market, By Application (USD Million) (Kilo Ton)
7.5.4. South Africa Paraxylene Market (USD Million) (Kilo Ton)
7.5.4.1. South Africa Paraxylene Market, By Product Type (USD Million) (Kilo Ton)
7.5.4.2. South Africa Paraxylene Market, By Application (USD Million) (Kilo Ton)
CHAPTER 8. Key Players and Strategic Developments
8.1. BASF SE
8.1.1. Business Overview
8.1.2. Product and Service Offering
8.1.3. Financial Overview
8.1.4. Strategic Developments
8.2. Chevron Phillips Chemical Company
8.2.1. Business Overview
8.2.2. Product and Service Offering
8.2.3. Financial Overview
8.2.4. Strategic Developments
8.3. Persian Gulf Petrochemical Industry Chemical Company
8.3.1. Business Overview
8.3.2. Product and Service Offering
8.3.3. Financial Overview
8.3.4. Strategic Developments
8.4. Exxon Mobil Corporation
8.4.1. Business Overview
8.4.2. Product and Service Offering
8.4.3. Financial Overview
8.4.4. Strategic Developments
8.5. BP p.l.c.
8.5.1. Business Overview
8.5.2. Product and Service Offering
8.5.3. Financial Overview
8.5.4. Strategic Developments
8.6. Mitsubishi Gas Chemical Company, Inc.
8.6.1. Business Overview
8.6.2. Product and Service Offering
8.6.3. Financial Overview
8.6.4. Strategic Developments
8.7. Sinopec Group
8.7.1. Business Overview
8.7.2. Product and Service Offering
8.7.3. Financial Overview
8.7.4. Strategic Developments
8.8. Honeywell International Inc.
8.8.1. Business Overview
8.8.2. Product and Service Offering
8.8.3. Financial Overview
8.8.4. Strategic Developments
8.9. Indian Oil Corporation Ltd.
8.9.1. Business Overview
8.9.2. Product and Service Offering
8.9.3. Financial Overview
8.9.4. Strategic Developments
8.10. Toray Industries, Inc.
8.10.1. Business Overview
8.10.2. Product and Service Offering
8.10.3. Financial Overview
8.10.4. Strategic Developments
8.11. Shell Global
8.11.1. Business Overview
8.11.2. Product and Service Offering
8.11.3. Financial Overview
8.11.4. Strategic Developments
8.12. Reliance Industries Limited
8.12.1. Business Overview
8.12.2. Product and Service Offering
8.12.3. Financial Overview
8.12.4. Strategic Developments
