Xylene Market

Xylene Market Overview:

It is estimated that the automotive segment is set to observe the highest CAGR in the market due to the growing use of organic compounds to improve the performance and increase the life cycle of the product. Moreover, increasing demand for xylene as a solvent in paint thinners, nail polish removers, glues, and others is likely to witness a rapid growth during the forecast period. These factors have led China, India, and Japan to be the major players in this region.

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Xylene Market Key Players:

Some of the well-known players operating in the ****** xylene market are;

  • Eastman Chemical Company (U.S.)
  • China National Petroleum Corporation (China)
  • BASF SE (Germany)
  • Huntsman Corporation (U.S.)
  • Chevron Philips Chemical Company (U.S.)
  • TORAY INDUSTRIES INC. (Japan)
  • Formosa Plastics Corporation (Taiwan)
  • The ExxonMobil Corporation (U.S.)
  • The Dow Chemical Company (U.S.)
  • LG Chem (South Korea)

Xylene Market Regional Analysis:

The North American market is expected to grow at a healthy CAGR due to extensive consumption of xylene in paints & coating, oil & gas, chemicals, and others. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in the end-use industries. The growing demand for synthetic rubber and plastics made from xylene are estimated to drive the market during the forecast period.

A notable development is achieved in Europe due to the growing demand for light-weight materials in construction, packaging, cosmetics, and others. The growing innovation coupled with technology has boosted the market to witness a growth. Thus, countries such as Germany, the U.K, and Italy are the major contributors to this market.

A considerable development is predicted in the Latin American region such as in Brazil, Uruguay, and Argentina due to the growing consumption of hydrocarbons in major industries. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing production of xylene in refineries.

Xylene Market Table of Content:

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of ****** Xylene Market

Xylene Market Table of Content to be Continue……,

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