#Para Xylene Market analysis
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Purified Terephthalic Acid (PTA) Market Report: Trends, Analysis, and Projections
Purified Terephthalic Acid (PTA) is a key chemical in the production of polyester fibers, resins, and films, essential in various industries including textiles, packaging, and automotive. This blog explores the dynamics of the global PTA market, analyzing key drivers, applications, emerging trends, and future growth prospects.
Understanding the PTA Market:
PTA is a white crystalline powder derived mainly from para-xylene through oxidation. It serves as a primary raw material in the manufacture of polyethylene terephthalate (PET), a versatile polymer used in fibers for textiles, plastic bottles for packaging, films, and engineering resins.
Market Dynamics:
PET Production: The dominant application of PTA lies in PET production, where it reacts with ethylene glycol to form PET resin. PET finds extensive use in beverage bottles, food packaging, textiles, and automotive parts due to its lightweight, recyclability, and durability.
Textile Industry: PTA is crucial in the textile industry for manufacturing polyester fibers used in clothing, home textiles, carpets, and industrial fabrics, offering qualities such as wrinkle resistance, strength, and colorfastness.
Packaging Sector: PET derived from PTA is widely used in packaging applications such as bottles, containers, films, and thermoformed products due to its transparency, barrier properties, and recyclability, catering to food, beverage, and personal care markets.
Engineering Plastics: PTA-based PET resins are utilized in engineering plastics for automotive components, electronic devices, and industrial applications due to their mechanical properties, chemical resistance, and ease of processing.
Applications Across Industries:
Textiles: Polyester fibers, fabrics, carpets.
Packaging: PET bottles, films, containers.
Automotive: Engineering plastics, components.
Consumer Goods: PET-based products, household items.
Market Trends:
Growing PET Demand: Increasing consumption of PET-based packaging, fibers, and engineering plastics in food, beverage, and automotive sectors drives demand for PTA globally.
Sustainable Solutions: Industry focus on recycled PTA (rPTA) and bio-based PTA production methods align with sustainability goals, circular economy principles, and consumer preferences for eco-friendly products.
Technological Advancements: Innovations in PTA production processes, catalyst technologies, and purification methods enhance efficiency, reduce energy consumption, and improve product quality in the market.
Future Prospects:
The global PTA market is poised for continued growth, driven by expanding applications in key industries, sustainable initiatives, and technological advancements. Investments in recycling infrastructure, bio-based feedstocks, and value-added PET products will shape the market's evolution and competitiveness.
Conclusion:
PTA plays a pivotal role in the polyester value chain, catering to diverse industries such as textiles, packaging, automotive, and consumer goods. Understanding market dynamics, sustainability trends, and technological innovations is crucial for stakeholders in the PTA market to capitalize on growth opportunities and meet evolving industry demands effectively. With a focus on sustainability, innovation, and market expansion, the PTA market presents promising prospects for continued growth and development in the global chemical industry landscape.
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Riding the Wave: Mixed Xylene Market's 6.23% CAGR Ascent
According to the ChemAnalyst report titled "Mixed Xylene Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Manufacturing Process, Policy and Regulatory Landscape, 2015-2032," the Mixed Xylene market is expected to experience significant growth and reach approximately 46 million tonnes in 2022, with an expected CAGR of 6.23% during the forecast period until 2035. This growth is driven by the rising demand for Mixed Xylene in various industries, including Isomers, gasoline blending, solvents, and others.
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Mixed Xylene is an equilibrium mixture of four isomers, including meta-xylene, ortho-xylene, para-xylene, and ethylbenzene. These isomers are commonly produced together through pyrolysis and catalytic reforming methods. Mixed Xylenes are flammable, colorless, and slightly greasy in nature. They are derived from various sources, with petroleum being a major one. Among these isomers, para-Xylene is the most widely used for the production of Polyethylene Terephthalate (PET), Purified Terephthalic Acid (PTA), solid-state resins, PET films, and other applications. Mixed Xylenes are considered important aromatic products and can be used as a replacement for toluene when a slower drying rate is required. Their high octane number and low vapor pressure make them suitable for blending with gasoline and as solvents for paints and pesticides.
Mixed Xylenes have a wide range of agricultural and industrial applications and are used in the manufacturing of adhesives, paints and coatings, leather, agricultural sprays (such as pesticides), surface coatings, gasoline blends, and more. The paint and coating industries are significant consumers of Mixed Xylene, with a large portion of these chemicals used in leather products, topcoats in particular. They are also preferred solvents in pesticides due to their uniform drying and high spraying efficiency. The pesticide industry, especially in Asia Pacific, is expected to drive demand for Mixed Xylene.
The primary drivers of the Mixed Xylene market include its use as a feedstock chemical for the separation of isomers and its role in gasoline blending in the petroleum industry. Increasing demand for para-xylene for the production of PET bottles by beverage manufacturers is expected to boost the demand for polyester resins, further supporting the Mixed Xylene market's growth. Additionally, the demand for Mixed Xylene as a solvent in various manufacturing industries is propelling its overall demand in the international market.
Asia-Pacific (APAC) holds the largest share of the Mixed Xylene market due to increased demand for solvents and polyesters, driven by expanding applications in the region's construction and automotive industries. China serves as a leading manufacturer of Mixed Xylene, followed by the United States. Key producers and exporters of Mixed Xylene in the APAC region include China, Japan, and South Korea.
Based on end-use, the global Mixed Xylene market is segmented into Isomers, gasoline blending, solvents, and other end-use industries. The Isomers industry accounts for the majority of global Mixed Xylene consumption, with an 85% share in 2021. Gasoline blending and solvents also contribute significantly to the demand for Mixed Xylene.
Key players in the global Mixed Xylene market include China Petroleum & Chemical Corporation (Sinopec), Reliance Industries Limited, Exxon Mobil Corp., SK Global Chemical, Hanwha TotalEnergies Petrochemical, China National Petroleum Corporation, China's Fuhaichuang Petroleum and Petrochemical, Sumitomo Chemical Co., Ltd & Saudi Aramco, Hengli Petrochemical Refinery, Zhejiang Petroleum & Chemical Co Ltd, Hyundai Cosmo Petrochemical (a joint venture of Hundai Oilbank & Cosmo Oil), and Ningbo Zhongjin PetroChemical Co., Ltd.
Mr. Karan Chechi, Research Director at TechSci Research, a global management consulting firm associated with ChemAnalyst, highlighted that the downstream applications of Mixed Xylene in industries like leather, adhesives, paints, and coatings have contributed to impressive growth, along with changing macro-economic factors and consumer preferences. The high octane number and low vapor pressure of Mixed Xylene have led to its application in gasoline blending, which is expected to drive demand in the forecast period until 2035. Additionally, China, with substantial installed capacity and advanced technology, is the fastest-growing region for Mixed Xylene production.
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Ortho-Xylene Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2032
The structure of ortho-xylene market and its aggressive reaction with oxidants can cause fires and explosions. As a result, governments around the world have imposed severe restrictions on the use of ortho-xylene. This is expected to have a negative impact on the ortho-xylene market in the near future.
In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Ortho-Xylene. FMI provides a new study to elucidate the potential growth parameters of the Ortho-Xylene market. On the back of prevailing trends FMI presents a positive growth outlook.
The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Ortho-Xylene market structure.
FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.
Impact of COVID-19 on Ortho-Xylene Market
The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time.
Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.
Ortho-Xylene Market: Key Segmentation
Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.
By Type
Ortho-xylene
Meta xylene
Para xylene
By Application
Phthalic Anhydride
Bactericides
Herbicides
Lube Oil Additives
By End Use
Automotive
Building & Construction
Paints & Coatings
Aerospace & Defence
Electrical & Electronics
Agrochemical
Oil & Gas
Chemical
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Ortho-Xylene Market: Competitive Evaluation
The FMI’s Ortho-Xylene market report provides a comprehensive analysis on key players operating in the Ortho-Xylene market. Some of the key players are:
Creasyn Finechem (Tianjin) Co., Ltd.
Doe & Ingalls of North Carolina Inc.
Dyna Chem Inc.
Minda Petrochemicals Ltd.
Shell Chemicals
Sonoco Chemicals
S. Petrochemical Industries Ltd.
With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.
Why Buy FMI’s Report?
Extensive analysis on high growth niche markets across major regions
Detailed assessment on key segments and sub-segments
Recent and upcoming strategies tracked of manufacturers for the Ortho-Xylene market
Reliable information on new product launches, technological advancements, and more
Valuable insights on the impact of regulatory framework on the global Ortho-Xylene market
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Para Xylene Market Analysis Report By Application, By Region And Segment Forecasts From 2017 To 2027
Para-Xylene Market – Market Overview
Xylene is a clear, colorless and flammable solution which is produced from crude oil. Xylene primarily exists in three isomeric forms such as ortho-xylene, meta-xylene and para-xylene. Para xylene or PX or P-xylene is basically an aromatic hydrocarbon compound, which is colorless, sweet-smelling, toxic, and highly flammable chemical. Para-xylene is extensively used for the production of dimethyl terephthalate (DMT) and terephthalic acid (PTA) which are further used in the manufacturing of polyesters. Moreover, para-xylene is primarily used in the production of polyethylene terephthalate (PET) which is primarily used as a packaging materials for carbonated drinks, water bottles, and other containers for food, beverages and personal care products.
According to the analysis of MRFR, the major market forces and trends driving growth of the global Para-Xylene market includes increasing demand for various applications such as packaging, textile and construction materials among others. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the demand for polyester fibers which in turn is expected to fuel the growth of the global Para-Xylene Market during the forecast period. In addition, the growing demand for polyethylene terephthalate (PET) as a packaging material is further expected to affect the market positively. However, stringent government regulations regarding the use of Polyethylene terephthalate due to the non-biodegradable nature and harmful environmental effects in the developed regions such as Europe and North America coupled with the lack of competent labor for handling and transportation of hazardous para-xylene chemicals in the developing economies can act as a major down side to the growth of the market.
Table Of Content :
1 Executive Summary
2 Scope Of The Report
2.1Market Definition
2.2Scope Of The Study
2.2.1Research Objectives
2.2.2Assumptions & Limitations
2.3Markets Structure
3Market Research Methodology
3.1Research Process
3.2Secondary Research
3.3Primary Research
3.4Forecast Model
4Market Landscape
4.1Five Forces Analysis
4.1.1Threat Of New Entrants
4.1.2Bargaining Power Of Buyers
4.1.3Threat Of Substitutes
4.1.4Segment Rivalry
4.2Value Chain/Supply Chain Of Global Paraxylene Market
5Industry Overview Of Global Paraxylene Market
5.1Introduction
5.2Growth Drivers
5.3Impact Analysis
5.4Market Challenges
5.5Impact Analysis
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Industry/ Innovation/ Related News:
November 16, 2016- A team of chemical researchers including doctorates and professors from university of Massachusetts has innovated a process for production of para-xylene which involves the use of biomass as feedstock with a 97% yield. This innovation is expected to fuel the production of para-xylene owing to its cost efficiency and higher.
April 21, 2017 – Reliance Industries limited announced the successful completion of the final phase of para-xylene project including aromatic extraction units, trans-alkylation and PX crystalliser trains at Jamnagar. The plant is constructed with efficient technology from British Petroleum which is anticipated to push Reliance to the second spot in the global market of para-xylene producers. Reliance has successfully implemented the first phase of the project earlier in 2016. This development is expected to augment the market of para-xylene in India which in turn will positively affect the Asia Pacific para-xylene market.
February 11, 2016 – Hengli Petrochemical Company Limited has collaborated with Axens for the procurement of technology, in the first crude to paraxylene complex located in China. This complex is expected to hold a capacity of processing 4,00,000 barrels of crude oil per day which will further cater to the purified terephthalic acid (PTA) plants for the use in the PET applications. This collaboration will further drive the market of PET application will in turn will surge the growth of the para-xylene market.
Key Players:
Braskem, Exxon Mobil Corporation, Formosa Chemicals & Fibre Corporation, Reliance Industries Limited, Royal Dutch Shell plc., US Petrochemical Industries Inc. The Dow Chemicals Company, BASF SE, Conoco Phillips Corporation, JXTG Nippon Oil and Energy Corporation, China national Petroleum Corporation, British Petroleum, Jurong Aromatics Corporation, Lotte Chemical Corporation, Sinopec Corporation, and CNOOC Limited among others are some of the prominent players at the forefront of competition in the global Para-Xylene Market and are profiled in MRFR Analysis.
Para-Xylene Market- Competitive Landscape
The global Para-Xylene Market is a highly lucrative market driven by flourishing growth in packaging and petrochemical industry, along with the propelling textile industry. Exxon Mobil Corporation, the Dow Chemicals Company, Royal Dutch Shell plc. and BASF SE, China national Petroleum Corporation among others are some of the major players operating in this market. Most of these market participants are adopting the expansion and product launch tactics to strengthen their production capacities and market position. Taking account of these trends the global Para-Xylene Market is projected to witness considerable competition over the forecast period of 2017-2023.
Asia pacific is expected to be the fastest growing region during the forecast years. The growing population in the developing countries and increasing GDP has augmented the demand for PET in the packaging sector coupled with increasing use of para xylene as pesticides, solvents and coatings especially in India and China is further expected to boost the market growth. However, strict regulation in North America and Europe is expected to show sluggish growth during the forecast years.
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#Para Xylene Market#Para Xylene Market share#Para Xylene Market trends#Para Xylene Market foprecast#Para Xylene Market analysis
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Para Xylene Market Analysis and Industry Overview 2025
Para-Xylene Market – Market Overview
Xylene is a clear, colorless and flammable solution which is produced from crude oil. Xylene primarily exists in three isomeric forms such as ortho-xylene, meta-xylene and para-xylene. Para xylene or PX or P-xylene is basically an aromatic hydrocarbon compound, which is colorless, sweet-smelling, toxic, and highly flammable chemical. Para-xylene is extensively used for the production of dimethyl terephthalate (DMT) and terephthalic acid (PTA) which are further used in the manufacturing of polyesters. Moreover, para-xylene is primarily used in the production of polyethylene terephthalate (PET) which is primarily used as a packaging materials for carbonated drinks, water bottles, and other containers for food, beverages and personal care products.
According to the analysis of MRFR, the major market forces and trends driving growth of the global Para-Xylene market includes increasing demand for various applications such as packaging, textile and construction materials among others. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the demand for polyester fibers which in turn is expected to fuel the growth of the global Para-Xylene Market during the forecast period. In addition, the growing demand for polyethylene terephthalate (PET) as a packaging material is further expected to affect the market positively. However, stringent government regulations regarding the use of Polyethylene terephthalate due to the non-biodegradable nature and harmful environmental effects in the developed regions such as Europe and North America coupled with the lack of competent labor for handling and transportation of hazardous para-xylene chemicals in the developing economies can act as a major down side to the growth of the market.
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Para-Xylene Market Key Players:
Braskem, Exxon Mobil Corporation, Formosa Chemicals & Fibre Corporation, Reliance Industries Limited, Royal Dutch Shell plc., US Petrochemical Industries Inc. The Dow Chemicals Company, BASF SE, Conoco Phillips Corporation, JXTG Nippon Oil and Energy Corporation, China national Petroleum Corporation, British Petroleum, Jurong Aromatics Corporation, Lotte Chemical Corporation, Sinopec Corporation, and CNOOC Limited among others are some of the prominent players at the forefront of competition in the global Para-Xylene Market and are profiled in MRFR Analysis.
Para-Xylene Market- Competitive Landscape
The global Para-Xylene industry is a highly lucrative market driven by flourishing growth in packaging and petrochemical industry, along with the propelling textile industry. Exxon Mobil Corporation, the Dow Chemicals Company, Royal Dutch Shell plc. and BASF SE, China national Petroleum Corporation among others are some of the major players operating in this market. Most of these market participants are adopting the expansion and product launch tactics to strengthen their production capacities and market position. Taking account of these trends the global Para-Xylene Market is projected to witness considerable competition over the forecast period of 2017-2023.
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#Para Xylene Market#Para Xylene Market Share#Para Xylene Market Growth#para xylene market analysis#Para Xylene Market Trends
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Global Xylene (Ortho, Meta, Para) Market Study, 2014 - 2030
Analysis of the XYLENE (ORTHO, META, PARA) MARKET
A comprehensive market study on the XYLENE (ORTHO, META, PARA) MARKET Market provides an overview of the demand-supply and consumption patterns of Xylene (Ortho, Meta, Para) Market across six different regions. This market study describes the Xylene (Ortho, Meta, Para) Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Xylene (Ortho, Meta, Para) Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.
Distinct market estimations and forecasts are presented in this comprehensive Xylene (Ortho, Meta, Para) Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Xylene (Ortho, Meta, Para) Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.
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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Xylene (Ortho, Meta, Para) Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.
Global Xylene Demand Supply Analysis By Type,
By Applications (Volume, Value) (2014–2030)
Strategic Issues
Capacity Analysis – Plants and Projects (2014 – 2030)
Capacity
Production
Producing Companies
Capacity Additions and Investments
Location
Salient Statistics
Technology / Process
Demand Analysis and Forecast (2014 – 2030)
Capacity
Production
Operating Rate
Import
Export
Net Trade
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Xylene Market, By Type
Mixed Xylene
p-Xylene
o-Xylene
m-Xylene
Global Xylene Market, By Application
Terephthalic Acid (PTA)
Dimethyl Terephthalate (DMT)
Phthalic Anhydride (PAN)
Isophthalic Acid (IPA)
Solvent
Others
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Latest Para Xylene Market Analysis – 2022-2028" Latest Para Xylene Market Analysis – 2022-2028" The report titled Global Para Xylene Market showcases an in-depth analysis of the overall Para Xylene market in terms of market size, segmentation for Para Xylene providers, end-users, geographies, Analysis Up to 2028 The report titled Global Para Xylene Market showcases an in-depth analysis of the overall Para Xylene market in terms of market size, segmentation for Para Xylene providers, end-users, geographies, Analysis Up to 2028
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Xylene (Ortho, Meta, Para) Market Report: Trends, Analysis, and Projections
Xylene, available in ortho-, meta-, and para- isomers, is a vital aromatic hydrocarbon with extensive industrial applications across various sectors. This blog delves into the dynamics of the global xylene market, analyzing key drivers, applications, emerging trends, and future growth prospects for each isomer.
Understanding the Xylene Market:
Xylene is a clear, colorless liquid with a sweet odor, primarily derived from crude oil refining and used as a solvent and precursor in industries such as chemicals, plastics, textiles, and pharmaceuticals. The ortho-, meta-, and para- isomers of xylene exhibit distinct properties and applications, contributing to their market significance.
Market Dynamics:
Ortho-Xylene: Primarily used in the production of phthalic anhydride, a key precursor for phthalate plasticizers, polyester resins, and dyes, ortho-xylene finds extensive use in the plastics and chemicals industries.
Meta-Xylene: Utilized in the synthesis of isophthalic acid, a crucial component in the production of polyethylene terephthalate (PET) resins used in beverage bottles, packaging, fibers, and films, meta-xylene plays a vital role in the polymer industry.
Para-Xylene: Valued as a key feedstock for the production of purified terephthalic acid (PTA), essential for manufacturing polyethylene terephthalate (PET) fibers, films, and bottles widely used in the packaging and textile industries.
Applications Across Industries:
Chemicals: Phthalic anhydride, isophthalic acid, purified terephthalic acid.
Plastics and Polymers: PET resins, polyester fibers, films, and packaging materials.
Textiles: Synthetic fibers, yarns, fabrics.
Pharmaceuticals: Solvents, chemical intermediates.
Market Trends:
Growing PET Demand: Increasing consumption of PET-based products such as bottles, fibers, and films in packaging, textiles, and beverage industries drives demand for para-xylene and its derivatives.
Shift towards Bio-based Feedstocks: Industry focus on sustainable practices leads to research and investments in bio-based xylene production methods using renewable resources, reducing environmental footprint and dependence on fossil fuels.
Technological Advancements: Innovations in production processes, catalyst technologies, and recycling methods enhance efficiency, reduce costs, and promote circular economy practices in the xylene market.
Future Prospects:
The global xylene market, segmented by ortho-, meta-, and para-isomers, is poised for continued growth driven by the expanding plastics, textiles, and chemicals industries worldwide. Sustainable practices, technological innovations, and strategic collaborations will shape the market's evolution and competitiveness.
Conclusion:
Ortho-, meta-, and para-xylene isomers play crucial roles in diverse industrial sectors, offering versatile solutions for chemical manufacturing, plastics production, textiles, and pharmaceuticals. Understanding market trends, regulatory landscapes, and technological advancements is key for stakeholders in the xylene market. With a focus on sustainability, innovation, and market diversification, the xylene market presents promising opportunities for growth and advancements in global industrial processes and products.
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Brine Concentration Technology Market Size and Forecast 2026
The global brine concentration technology market was valued at nearly US$ 12 Bn in 2017 and is anticipated to expand at a CAGR of more than 4.0% from 2018 to 2026, according to a new report titled ‘Brine Concentration Technology Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2026’ by Transparency Market Research (TMR) Growth of brine concentration technology is highly dependent on oil & gas activities. The shift toward clean energy is expected to drive the demand for brine concentration technology in the near future. Brine is a salt water solution, which may contain different salts such as calcium sulfate, silica, calcium chloride, and sodium. Brine needs to be treated before discharging it into the environment. Brine concentration technology involves treating the produced brine to remove harmful salts from the water.
Increase in demand from oil & gas industry
Oil & gas exploration is a major source of energy in many countries. Its production has been described as one of the most important industrial activities of the 21st century.
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Water is a complex mixture of organic and inorganic compounds and the largest volume of by-product generated during oil and gas recovery operations. The oilfield produced water can be a source of fresh water for water-stressed oil-producing countries. Extraction and production of oil & gas leads to reduction in reservoir pressure. Additional water is usually injected into the reservoir water layer to maintain hydraulic pressure and enhance oil recovery.
Rise in concern about environmental pollution
Increase in concern about the environment has played a major role in the adoption of brine concentration technology. Various projects, including several para-xylene chemical plants in China and a wastewater discharge pipeline for a paper mill, have been suspended or canceled as a result of public protests. Growth in concern about the environment is likely to compel industries to adopt brine treatment as a necessary solution in order to gain public acceptance. High installation cost of brine concentration technology can be a restraining factor, specifically for small industries that have lower capital investment.
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Currently, Vertical Tube Falling Film (VTFF) technology segment is anticipated to expand significantly
In terms of technology, the vertical tube falling film (VTFF) segment currently holds the major share of the market due to the technology’s application in achieving zero liquid discharge in industries. Development of offshore oil & gas industry in North America and Middle East has propelled the demand for HERO technology. The HERO segment is likely to expand at a CAGR of 6.39% during the forecast period, followed by the VTFF segment (CAGR of 5.57%). MVC and CCD segments are also anticipated to expand during the forecast period.
Innovation, quality improvement, and recent development in brine concentration technology
In 2015, Desalitech and C2HM together emphasized on developing the Closed Circuit Desalination (CCD) technology. The CCD technology improves the efficiency and productivity. It helps in passing concentrated brine through the system continuously and leaving the salt precipitate behind through salt extraction gate. The new technology helps tackle issues arising due to depleting amount of freshwater for domestic and industrial purposes. Installation of brine concentration plants enables industries to reuse the recovered water and thus lower their operating costs.
Countries in Asia Pacific to lead brine concentration technology market
Asia Pacific is estimated to emerge as one of the prominent regions of the brine concentration technology market. Highly environment-conscious Europe and North America are projected to lead the global brine concentration technology market in the near future. The brine concentration technology market is projected to witness a large number of collaborations among manufacturers and technology developers during the next few years. Over the years, China has become a strategic center for brine concentration technology. This is projected to boost the demand for brine concentration technology systems in Asia Pacific in the near future.
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Highly competitive market with domination of top players
The global brine concentration technology market is a highly competitive. In order to acquire higher market share, companies operating in North America, Middle East & Africa, and Asia Pacific are rapidly expanding their production facilities of brine concentration technology. Leading players dominate the market.
Key players operating in the brine concentration technology market are Advent Envirocare Technology Pvt. Ltd., Modern Water plc. Memsys Water Technologies GmbH, Enviro Water Minerals Company Inc., Oasys Water, TETRA Technologies, Inc., Fluid Technology Solutions, Inc., Osmo Membrane Systems GmbH, Saltworks Technologies Inc., Duraflow LLC., Veolia, and Synder Filtration, Inc.
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Xylene Market: Top Manufacturers, Consumption, Sales, Revenue & Trends 2021-2026
Xylene Market 2021-2026 The Global Xylene Market involves an ideal combination of primary and secondary research with the help of which the experts’ inferences and calculations are derived. Our reports are revised at regular intervals to be able to give recent information to our clients and help them make efficient business decisions. The information provided in the reports is verified in terms of quality and reliability.
The Major Players Covered in this Report: PTT Global Chemical Public Company Limited, Merck KGaA, Braskem, Formosa Chemicals & Fibre Corp, Reliance Industries Limited, Exxon Mobil Corporation, Flint Hills Resources, SK global chemical CoLtd., BASF, DUpont, LOTTE Chemical CORPORATION, MP Biomedicals, Nutan Chemicals, Honeywell International Inc., Puritan Products, Tokyo Chemical Industry Co., Ltd., Doe & Ingalls, Gadiv Petrochemical Industries Ltd, Cepsa
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By Type , Ortho-Xylene , Meta-Xylene , Para-Xylene , By Application, Paints and Coatings, Plastics & Polymers, Aviation fuel, Textiles, Pesticides, Others ,
The report specifically highlights the Xylene market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the Xylene market to help the new entrants understand the market scenario better.
Important factors like strategic developments, government regulations, Xylene market analysis, end-users, target audience, distribution network, branding, product portfolio, market share, threats and barriers, growth drivers, latest trends in the industry are also mentioned.
Regional Analysis For Xylene Market:
North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
In this study, the years considered to estimate the market size of the Xylene are as follows:
• History Year: 2014-2019 • Base Year: 2019 • Estimated Year: 2020 • Forecast Year 2021 to 2026 The main steps in the investigation process are:
1) The first step in market research is to obtain raw market information from industry experts and direct research analysts using primary and secondary sources.
2) Extracts raw data from these sources to extract valuable insights and analyze them for research purposes.
3) Classify the knowledge gained by qualitative and quantitative data and place it accordingly to make final conclusions.
Key Questions Answered in the Report:
• What is the current scenario of the Global Xylene Market? How is the market going to prosper throughout the next 6 years? • What is the impact of COVID-19 on the market? What are the major steps undertaken by the leading players to mitigate the damage caused by COVID-19? • What are the emerging technologies that are going to profit the market? • What are the historical and the current sizes of the Global Xylene Market? • Which segments are the fastest growing and the largest in the market? What is their market potential? • What are the driving factors contributing to the market growth during the short, medium, and long term? What are the major challenges and shortcomings that the market is likely to face? How can the market solve the challenges? • What are the lucrative opportunities for the key players in the Xylene market? • Which are the key geographies from the investment perspective? • What are the major strategies adopted by the leading players to expand their market shares? • Who are the distributors, traders, and dealers of the Global Xylene market? • What are sales, revenue, and price analysis by types and applications of the market? For More Details On this Report: https://straitsresearch.com/report/Xylene-market
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Xylenes are petrochemicals produced by catalytic reforming and coal carbonization in the manufacture of coke fuel. They are used in various industries and medical technology as a solvent. It occurs naturally in coal, wood tar and coal among others. Xylenes are mainly produced as a part of the BTX aromatics. They are derived from various sources within a refinery including pyrolysis gasoline, toluene disproportionation and reformate among others. Reformate accounts for over three fourths of mixed xylenes market. There are three types of xylenes, viz., ortho-xylene, meta xylene and para xylene.
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Cresol Market Consumer Trends and Factors Affecting Buying Decision, 2024
The global Cresol Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global Cresol Market size is expected to value at USD 795.7 million by 2024. The market is subject to witness a substantial growth due to increase in demand for vitamin E to produce food & dietary supplements and growing health consciousness among general population. Shift in trend towards healthy diet intake by young population and robust growth in the food & dietary supplements industry are expected to boost the market growth of cresol in the upcoming years.
Key Players:
Anhui Haihua Chemical Technology Co. Ltd.
Ardison Oils & Electricals(P) Ltd
Atul
Dakota Gasification Company
Konan Chemical Manufacturing Co. Ltd.
Lanxess AG
Merisol Group of Companies
Mitsui Chemicals Inc.
Nanjing Datang Chemical Co. Ltd
Nanjing Long Yan Chemical Co. Ltd.
RüTGERS Group
SABIC
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Growth Drivers:
Globally, the cresol industry is predicted to grow at higher CAGR over the forecast period, providing numerous opportunities for market players to invest in research and development of the market. Increasing demand for cresol derivatives for the production of vitamin E and electronic encapsulation products are expected to positively influence the growth of cresol market over the forecast period. Soaring demand for computers, display devices and handheld devices such as smartphones and tablets are anticipated to stimulate market demand for electronic encapsulation products involving cresol derivatives. The recent technological advancements in the cresol industry coupled with development of novel products are projected to drive the market growth in upcoming years. Rapid growth in food processing and electronic industry, particularly in the Asia Pacific region are expected to foster market growth as well.
Easy availability of the raw materials such as coal, tar and petroleum or toluene, which are essential for the manufacturing of Meta, para and ortho isomers are boosting overall market performance, in the recent years. Selection of the raw material is purely based on the overall manufacturing efficiency and waste management costs in regards to the manufacturing process. Toluene is considered as vital element in product manufacturing.
Additionally, production of isomers such as para and ortho, are dependent on the supply of the toluene. Increasing demand of toluene for manufacturing of xylene and toluene diisocyanates (TDI) has led to establishment of long-term contracts by key industry players with suppliers. These factors are expected to fuel market growth over the forecast period.
However, stringent laws and regulation by regional governments associated with adverse effects on atmosphere due to manufacturing waste is considered as major challenge for sustained market growth. The manufacturing waste contains harmful elements, especially for the aquatic environment. Substantial need for efficient waste management system for manufacturing plant is expected to increase overall production cost, thus limiting market growth to a certain extent. Yet, recent technological advancement are expected to minimize waste disposal cost and enhance the waste recovery efficiency, thus driving market growth further.
The cresol market is broadly categorized into two major types based on the product type such as p-Cresol and m-Cresol. p-Cresol is considered as one of the fastest growing segment in the m-cresol market with substantial revenue generation in the last couple of years.
Regional Outlook:
The cresol industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the implementation of latest technologies, constant demand for aroma chemicals and pharmaceuticals, and existence of well-established industrial infrastructure. Asia-Pacific region is predicted to hold major market share in the cresol market with massive growth in forecast period.
Countries such as India and China are leading the Asia-Pacific’s market with increasing demand for cresol in the agrochemicals products, rising vitamin E demand for production of food & dietary supplements, and robust growth of electronics sector, and significant investment by leading industry players considering potential growth opportunities in the region.
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Para Xylene Market, Size, Share and Overview 2022
Para-Xylene Market – Market Overview
Xylene is a clear, colorless and flammable solution which is produced from crude oil. Xylene primarily exists in three isomeric forms such as ortho-xylene, meta-xylene and para-xylene. Para xylene or PX or P-xylene is basically an aromatic hydrocarbon compound, which is colorless, sweet-smelling, toxic, and highly flammable chemical. Para-xylene is extensively used for the production of dimethyl terephthalate (DMT) and terephthalic acid (PTA) which are further used in the manufacturing of polyesters. Moreover, para-xylene is primarily used in the production of polyethylene terephthalate (PET) which is primarily used as a packaging materials for carbonated drinks, water bottles, and other containers for food, beverages and personal care products.
According to the analysis of MRFR, the major market forces and trends driving growth of the global Para-Xylene market analysis includes increasing demand for various applications such as packaging, textile and construction materials among others. Moreover, the increasing personal disposable income in the developing economies throughout the globe has augmented the demand for polyester fibers which in turn is expected to fuel the growth of the global Para-Xylene Market during the forecast period. In addition, the growing demand for polyethylene terephthalate (PET) as a packaging material is further expected to affect the market positively. However, stringent government regulations regarding the use of Polyethylene terephthalate due to the non-biodegradable nature and harmful environmental effects in the developed regions such as Europe and North America coupled with the lack of competent labor for handling and transportation of hazardous para-xylene chemicals in the developing economies can act as a major down side to the growth of the market.
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Para-Xylene Market Key Players:
Braskem, Exxon Mobil Corporation, Formosa Chemicals & Fibre Corporation, Reliance Industries Limited, Royal Dutch Shell plc., US Petrochemical Industries Inc. The Dow Chemicals Company, BASF SE, Conoco Phillips Corporation, JXTG Nippon Oil and Energy Corporation, China national Petroleum Corporation, British Petroleum, Jurong Aromatics Corporation, Lotte Chemical Corporation, Sinopec Corporation, and CNOOC Limited among others are some of the prominent players at the forefront of competition in the global Para-Xylene Market and are profiled in MRFR Analysis.
Para-Xylene Market- Competitive Landscape
The global Para-Xylene Market is a highly lucrative market driven by flourishing growth in packaging and petrochemical industry, along with the propelling textile industry. Exxon Mobil Corporation, the Dow Chemicals Company, Royal Dutch Shell plc. and BASF SE, China national Petroleum Corporation among others are some of the major players operating in this market. Most of these market participants are adopting the expansion and product launch tactics to strengthen their production capacities and market position. Taking account of these trends the global Para-Xylene Market is projected to witness considerable competition over the forecast period of 2017-2023.
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Para-Xylene Market – Market Overview Xylene is a clear, colorless and flammable solution which is produced from crude oil. Xylene primarily exists in three isomeric forms such as ortho-xylene, meta…
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Global Xylene (Ortho, Meta, Para) Market Study, 2014 - 2030
Prismane Consulting is pleased to publish its Xylene (Ortho, Meta, Para) Market Market Study Report which includes historic and current market situation of Xylene (Ortho, Meta, Para) Market across several end-use industries.
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This market study describes the global Xylene (Ortho, Meta, Para) Market market, with focus on major countries and their subsequent demand across different applications and sub-applications. The study covers demand-supply analysis for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East and Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia. The market is segmented based on end-use which includes Terephthalic Acid (PTA),and others.Xylene (Ortho, Meta, Para) Market Production capacity expansions, force majeure, de-bottlenecks, plant shutdowns and new product developments have been considered in the report.
Xylene (Ortho, Meta, Para) Market demand patterns are dramatically different between various regions and countries. In the areas with mature economies, demand growth for Xylene (Ortho, Meta, Para) Market is expected to fall well below global averages primarily due to the geographic shift of many manufacturing industries to areas of lower labor costs such as China, India, and the ASEAN region.
The primary driver for the growth in demand of Xylene (Ortho, Meta, Para) Market in Asia has been the migration of labor-intensive downstream conversion industries from developed high labor cost regions like North America and Western Europe.
Topics Covered
The report covers the following topics:
Xylene (Ortho, Meta, Para) Market Market data in term of volume and value for each end-use at regional and country level
Xylene (Ortho, Meta, Para) Market Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level
Trade balance and target markets for current situation, new expansions, or new projects
Business opportunity assessment
Macro-economic factors like GDP, population, and world economic integration
Strategic issues and recommendations
Strategic recommendations for vendors, and industry stakeholders
Market analysis and forecasts (short-, mid- and long-term forecast) from 2015 till 2030
Xylene (Ortho, Meta, Para) Market Market: Applications Covered
Global Xylene Demand Supply Analysis By Type,
By Applications (Volume, Value) (2014–2030)
Strategic Issues
Capacity Analysis – Plants and Projects (2014 – 2030)
Capacity
Production
Producing Companies
Capacity Additions and Investments
Location
Salient Statistics
Technology / Process
Demand Analysis and Forecast (2014 – 2030)
Capacity
Production
Operating Rate
Import
Export
Net Trade
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Xylene Market, By Type
Mixed Xylene
p-Xylene
o-Xylene
m-Xylene
Global Xylene Market, By Application
Terephthalic Acid (PTA)
Dimethyl Terephthalate (DMT)
Phthalic Anhydride (PAN)
Isophthalic Acid (IPA)
Solvent
Others
Xylene (Ortho, Meta, Para) MarketMarket: Regions covered
- Asia Pacific
- Eastern Europe
- Central & South America
- Middle East & Africa
- North America
- Western Europe
Key Questions Answered
The Global Xylene (Ortho, Meta, Para) Market Market study answers the following key questions:
How big is the Xylene (Ortho, Meta, Para) Marketmarket?
How is the Xylene (Ortho, Meta, Para) Market market evolving by demand-supply, segment, and region?
What will the Xylene (Ortho, Meta, Para) Market market size be in 2030 and at what rate will it grow?
What trends, challenges and barriers are influencing its growth?
Who are the key manufacturers and what are their shares in different region?
What opportunities and target markets exist for Xylene (Ortho, Meta, Para) Market
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Prismane Consulting is a unique consulting and market research firm providing management, economic and technical expertise across the global Chemicals, Petrochemicals, Polymers, Materials and Energy value chain. The company has been advising clients on their key strategic issues solving their toughest and most critical business problems. We have helped some of the fortune 500 companies develop their strategic plans by tracking and interpreting market dynamics.
Prismane consulting has completed several multi-client studies and projects. It offers Market Studies, World Analysis and Strategy Reports related to Refining, Chemicals, Petrochemicals, Plastic & Polymers and Materials. For update on the annual subscription (monthly, quarterly, and annually) on the chemicals industry, please write to [email protected]
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