Asia-Pacific Para-xylenes Market
- Report Code: PA 1000
- Publish Date: Upcoming
Para Xylene (Paraxylene) is a widely used aromatic hydrocarbon isomer of xylene produced by catalyst for various commercial applications, most notably for the plastics industry. The Asia-Pacific Para Xylene Market has around 82.7% of market share value in 2013, and is projected to reach 84.2% by 2018, growing at a CAGR of 11.6%. Asia-Pacific Para Xylene market has grown considerably during the past few years and is expected to grow at a more rapid pace in the next five years, currently more than half of the total global consumed in manufacturing of purified terephthalic acid and dimethyle esters which are used in polyester manufacturing industry. China is the largest consumer of Para Xylene in Asia-Pacific, consuming about almost 40.8% of the total global demand in 2013.
Para Xylene is isomer of xylene with two methyl group bonded to adjacent carbon atoms to each other. Para Xylene is manufactured by crystallization and adsorption processes. It is basically used in the manufacturing of terepthalic acid (TPA), purified terepthalic acid (PTA) and dimethyl-terephthalate (DMT) which are ultimately used to manufacture polyethylene terephthalate (PET) saturated polyester polymers. Polyesters are used to produce fibre and films PET bottles are widely used for water because of its non-breakage properties as well as carbonated beverages because of good carbon dioxide barrier properties. In addition, they are light-weight, shatter-resistant and possess high tensile strength. Lots of new processes are being developed to produce Para Xylene.
Asia-Pacific is the most promising chemical market and is expected to be the same in the near future. The significance of Asia-Pacific in the chemical industry cannot be undervalued. The continuous rise in production of end products for use within the region and for exports derives a huge demand for the chemicals. The growing demand and policies including emission control, environment friendly products, etc., have led to innovation and developments in the industry, making it a strong chemical hub globally. The exorbitant growth and innovation along with the industry consolidations are expected to ascertain a bright future for the industry in the region. China is the major consumer of Para Xylene in Asia-Pacific, accounting for almost 49.3% of the total consumption. Subsequent to China are Republic of Korea, India, Japan Taiwan.
The key countries covered in Asia-Pacific Para Xylene Market are China, Republic of Korea, India, Japan and Taiwan. The various applications studied include Solvents, Chemical intermediate, Pharmaceutical and Others. Further, as a part of qualitative analysis, the Asia-Pacific Para Xylene Market research report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the xylene market.
The Asia-Pacific Para Xylene Market report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles of and competitive strategies adopted by various market players, including Reliance Industries(India), Mitsubishi Chemical (Japan), Shanghai Petrochemical (China), Teijin (China), Indorama Ventures(Thailand) and Others.
Customization Options:
With Market data, you can also customize MMM assessments that meet your Company’s specific needs. Customize to get comprehensive industry standards and deep dive analysis of the following parameters:
Please fill in the form below to receive a free copy of the Summary of this Report
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement
| PRODUCT TITLE | PUBLISHED | |
|---|---|---|
|
|
Europe Xylenes The European xylenes market had been valued at $2.7 billion in 2013, and is expected to grow at 6.3% annually, to reach $3.6 billion by 2018. This market is segmented on the basis of applications and countries in the European region. |
Upcoming |
|
|
North America Xylenes The North America Xylenes market had been valued at $7.2 billion in 2013. and the North America Xylenes market is expected to grow at 9.0% annually, to reach $11.1 billion by 2018. The North America Xylenes market is segmented in terms of applications and countries in the North American region. |
Upcoming |
|
|
Asia-Pacific Xylenes The Asia-Pacific xylenes market in the region had been valued at $48.6 billion in 2013, and the Asia-Pacific xylenes market is expected to grow at 11.4% annually, and to reach $83.2 billion by 2018. The Asia-Pacific xylenes market is segmented in terms of applications and countries in the region. |
Upcoming |
|
|
Rest of World Mixed Xylenes Xylenes-Rest of World and Ortho-xylenes, Meta-xylenes and |
Upcoming |
