Ortho Xylene Market – Share, Outlook, Trends, Size and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Global

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Description Table of Contents Scope of the Report

Ortho Xylene Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2024

Forecast Data Period

2025-2030

Historical Data Period

2018-2023

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

During the coal carbonisation process and catalytic reforming petrochemicals like xylenes are produced which are used in coke fuel. Ortho-xylene is a commercial isomer of xylene and is extensively used for the production of phthalic anhydride. The market is valued at USD XX million and XX kilotons by volume in 2017 and estimated to reach USD XX million by 2024 and XX kilotons by size at a CAGR of 6.82% during the forecast.

Ortho-xylene market share:

Globally, 90% of Ortho-xylene produced is consumed during the production of phthalic anhydride used in phthalate plasticisers and PVC resins.

Ortho-xylene market size:

Asia-Pacific especially China is the leading one regarding Ortho-xylene market and is responsible for more than half of global consumption.China is expected to boost the consumption rate due to growth in chemical industry and rapid industrialisation.

Ortho-xylene market growth:

The market growth is mainly due to increase in construction industry coupled

Ortho Xylene Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

with development and growth in the automobile industry is the primary market driver for market growth. During the forecast growth in adhesives and paints industry is going to drive the market.

Ortho-xylene market industry analysis:

The market is categorised into segments mainly product and application. By-products Ortho-xylene, Meta xylene, Paraxylene, Alkyd resins, polyvinyl chloride, unsaturated polyester resins and phthalic anhydride are the segments. By application Paints, cosmetics, bactericides, Soya bean herbicides, lube oil additives, adhesives and petrochemicals are the parts which are categorised into.

Ortho-xylene market outlook:

The market provides a projection for the upcoming years and it even includes analysis of recent developments in technology and this market is predominant in Asia-Pacific especially in China.

Ortho-xylene market Trends:

Reliance industries announced the authorisation of its Jamnagar plant, making it as the second largest producer of Para-xylene about 11% of global production.ExxonMobil chemical company agreed to acquire aromatics plant

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Ortho Xylene Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

of Jurong Aromatics Corporation Pte., Ltd., and Singapore. Acquisition of this plant would increase the ExxonMobil’s Singapore aromatics production.

Ortho-xylene market Research reports:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
Puritan Products, Inc.
Reliance industries ltd.
Creasyn Finechem (Tianjin) Co., Ltd.
Sinopec
DynaChem Inc
ExxonMobil

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