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North America Meta-xylenes Market

  • Report Code: ME 1000
  • Publish Date: Upcoming
  
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Meta Xylene (metaxylene) is an aromatic hydrocarbon isomer of xylene produced by catalyst for various commercial applications, most notably for the plastics, paints and coatings industry. The North America Meta Xylene Market has around 2.9% of market share value in 2013, and is projected to reach 4.4% by 2018, growing at a CAGR of 8.4%. North America Meta 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 market is consumed in manufacturing of Isophthalic acid which is used in pharmaceutical industry. The U.S. is the largest consumer of Meta Xylene in North America, and it was consuming around 2.7% of the total global demand in 2013.

 

Metaxylene is isomer of xylene with two methyl group attached at Meta positions of the benzene. It is used for the production of isophthalic acid. Isophthalic acid is used in applications like paint, varnish remover and aerosol paint concentration. It is also used as a raw material to produce smaller volume chemicals. A new process for improved meta-xylene yield is being developed from C8 aromatics hydrocarbon. In the process meta-xylene is recovered from a mixture with other Caromatic hydrocarbons including ortho-xylene by liquid phase adsorptive separation. A process for producing high purity meta-xylene, comprising simulated moving bed adsorption and crystallization is being developed, which will produce meta-xylene of at least 99.5% purity.

 

North America is a diversified market for chemicals due to presence of numerous giants in North America. The North America Meta Xylene market has undergone various recent expansions to expand its export market and various chemical companies profited from the shale gas boom with a decrease in the cost of raw materials and energy. Moreover, new investments in the U.S. and Canada region due to the shale gas discoveries are expected to strengthen the economy of region. This is mainly due to the U.S.’s heavy investment in new manufacturing projects which include energy, chemicals, automotive, and so on. Due to emergence of shale gas, lighter feedstock is available to chemical and petrochemical industries in North America; the region is expected to be favored for olefin assets in the near prospect. The U.S. is the major consumer of Meta Xylene in North America, accounting for almost 93.1% of the total consumption. Subsequent to the U.S. is Canada. The chemical industry in the U.S contributes to 19.0% of the total chemical output globally. The U.S. chemical industry experienced major growth after the shale gas boom and picked up pace due to the availability of economical raw material.

 

The key countries covered in North America Meta Xylene Market are the U.S. and Canada. The various applications studied include solvents, chemical intermediate, pharmaceutical and others. Further, as a part of qualitative analysis, the North America Meta Xylene Market research report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the xylene market.

 

The North America Meta 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 BP Plc. (London), DUMMY Versalis S.p.A. (Italy), Exxon Mobil Corp. (U.S), and others.

 

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1 Introduction
1.1 Objective of the study
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
1.4.1 Assumptions (Market Size, Forecast, etc)
2 Executive Summary
3 Market Overview
4 Meta - xylenes-North America, By Applications
4.1 Split By Geography
4.1.1 U.S. by Applications
4.1.2 Canada by Applications
4.1.2 Mexico by Applications
4.2 Meta - xylenes-North America-Isophthalic Acid
4.2.1 North America-Isophthalic Acid, By Geographies
4.2.1.1 U.S.-Isophthalic Acid
4.2.1.2 Canada-Isophthalic Acid
4.2.1.3 Mexico-Isophthalic Acid
4.3 Meta-xylenes-North America-Other Applications
4.3.1 North America-Other Applications, By Geographies
4.3.1.1 U.S.-Other Applications
4.3.1.2 Canada-Other Applications
5 Meta-xylenes-North America, By Geographies
5.1 Meta-xylenes-U.S.
5.1.1 U.S., By Applications
5.1.1.1 U.S.-Isophthalic Acid
5.1.1.2 U.S.-Other Applications
5.2 Meta-xylenes-Canada
5.2.1 Canada, By Applications
5.2.1.1 Canada-Isophthalic Acid
5.2.1.2 Canada-Other Applications
5.3 Meta-xylenes-Mexico
5.3.1 Mexico, By Applications
5.3.1.1 Mexico-Isophthalic Acid
6 Meta - xylenes-North America, By Companies
6.1 Split By Geography
6.2 Meta - xylenes-U.S. by Companies
6.1 Meta - xylenes-Canada by Companies
6.1 Meta - xylenes-Mexico by Companies
6.2 Meta - xylenes-North America-BP Global
6.3 Meta - xylenes-North America-Versalis S.p.A

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Rest of World Mixed Xylenes Rest of World Mixed Xylenes
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