Reports and Data estimates the global P-Xylene competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2030 as the forecast period. The report offers CAGR and market size for the global P-Xylene during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF SE, BP PLC, ExxonMobil, Mitsubishi Gas Chemical Co. Ltd., Reliance Industries Ltd., Chevron Phillips Chemical Company, SINOPEC, Saudi Aramco, JXTG Nippon Oil & Energy Corporation, and CNPC, among others.

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P-Xylene Overview :-

The p-Xylene market is projected to grow at a rate of 9.3% in terms of value, from 2019 to reach USD 97.69 Billion by 2027. The growth of the market is attributed to the growing applications of p-Xylene amongst the end-user industries.

Polyethylene terephthalate (PET) is a polymer produced from the organic chemicals ethylene glycol and terephthalic acid. It is a lightweight and robust plastic extensively used for packaging foods and beverages, particularly juices, soft drinks, and water. Moreover, it is popular for packaging peanut butter, salad dressings, cooking oils, shampoo, mouthwash, liquid hand soap, and window cleaner, among various other items. Special grades of polyethylene terephthalate are used for carry-home food containers and readymade food trays used in the oven or microwave.

PET fibers are the primary synthetic fibers deployed in the industrial manufacturing sector and numerous other areas of application. These find usage in apparel for jackets, overcoats, and protective clothing, among others. In residential furnishings, these fibers have widespread usage ranging from curtain fabrics to furniture coverings, table and bed linen to the floor and wall coverings, and pillows and pillow stuffing. The fast-drying and lightweight features of polyester fiber chain makes it a commonly used material in sportswear, which is expected to drive the market growth in the forecast period. The market in the Asia Pacific region contributed to the largest market share in 2018. The market dominance of the APAC region primarily owes to the growth of the textile and construction industries in the region.

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For the purpose of this report Reports and Data has segmented global P-Xylene market on the basis of type, application, and region:

Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

·       Purified Terephthalic Acid (PTA)

·       Dimethyl Terephthalate (DMT)

·       Others

Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

·       Online

·       Offline

Industry Verticals Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

·       Electronics

·       Textile

·       Packaging

·       Construction

·       Others

Key Regional Markets Covered in the Report:

·       North America (U.S.A., Canada, Mexico)

·       Europe (Italy, U.K., Germany, France, Rest of Europe)

·       Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

·       Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)


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Key Questions answered by the Report:

·       What is the expected year-on-year growth of the P-Xylene during the forecast period?

·       What key trends are expected influence revenue growth of the market going ahead?

·       Which region is expected to account for largest revenue share over the forecast period?

·       Which key companies are profiled in the report?


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