Global Mixed Xylenes Market- Industry Analysis and Forecast (2020-2026)

[Jay Mangade]

Global Mixed Xylenes Marketsize is projected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of XX % during the forecast period.

The global mixed xylenes market research delivers a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The global Mixed Xylenes report is provided for the international markets as well as development trends, competitive landscape analysis, and key region's development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also considered. This report additionally states import/export consumption, supply and demand figures, cost, price, revenue, and gross margins.
Definition of Mixed Xylenes:

Mixed Xylene is used as a synthesis intermediate or a solvent in various industries, such as paints & coatings, printing, rubber & leather, and is blended into gasoline. They are released into the atmosphere as fugitive emissions from industrial sources, from auto exhaust, and through volatilization from their use as solvents.
Global Mixed Xylenes Market Dynamics:

During the forecast era, the global demand for PET (Polyethylene terephthalate) plastic bottles are expected to drive the mixed xylenes market. The global mixed xylenes market is expected to benefit from increased demand for polyester in other applications such as textiles, packaging, and construction materials.

The demand is expected to be restrained by lower supply and high prices of mixed xylenes. In the coming years, increased research and development (R&D) investment in the use of bio-based mixed xylene in the paints, coatings, and adhesives & sealants industries would provide new opportunities for the mixed xylene market.
Global Mixed Xylenes Market Segmentation:

Based on the grade, the global mixed xylenes market is segmented into isomer and solvent grades. The Isomer Grade Mixed Xylene segment is expected to dominate the mixed xylene market in terms of global market share. For the processing of p-xylene, an isomer grade is used. P-xylene is made by mixing mixed xylenes with gasoline to boost the octane rating. In a variety of industries, such as paints and coatings, printing, rubber & leather, etc. solvent grade mixed xylene is used as a solvent.

Based on the application, the market is segmented into fuel blending, solvents, thinners, and raw materials. Mixed Xylene is a commonly used solvent that, due to its superior adhesive properties, is suitable for use in paints, pesticides, and other products. The solvent grade is also used as raw material for organic pigments, dyes, plasticizers, perfume, etc.

Based on the end-use industry, the global mixed xylenes market is segmented into paints & coatings, chemicals, and others. The paints and coatings market is rapidly expanding as demand from the automotive and construction industries increases.

Global Mixed Xylenes Market By Grade

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Regional Insights of the Global Mixed Xylenes Market:

The Asia-Pacific is projected to be the fastest-growing region in the global mixed xylene market during the forecast period. The Asia Pacific region is the leading consumer of mixed xylenes, followed by North America and Europe. China, India, and South Korea are the leading consumers of mixed xylenes.

In the global economy, North America held the second-largest share. One of the driving factors for the demand in the North American area is the increased use of gasoline in the U.S., as well as the increased use of mixed xylene in gasoline to boost octane number (anti-knocking) properties of gasoline. In the global mixed xylene market, Europe held the third-largest market share.

Global Mixed Xylenes Market

The objective of the report is to present a comprehensive analysis of the Global Mixed Xylenes Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Mixed Xylenes Market dynamics, structure by analyzing the market segments and projects the Global Mixed Xylenes Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Mixed Xylenes Market make the report investor’s guide.

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Global Mixed Xylenes Market table
Global Mixed Xylenes Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Mixed Xylenes Market

• Flint Hills Resources, LLC
• GS Caltex Corporation
• Exxon Mobil Corporation
• Chevron Phillips Chemical Company LLC
• TOTAL S.A.
• LOTTE Chemical Corporation
• Idemitsu Kosan Co., Ltd.
• Royal Dutch Shell plc.
• China Petroleum & Chemical Corporation
• China National Petroleum Corporation
• SK global chemical Co., Ltd.
• YPF Sociedad Anónima
• Qingdao Lidong Chemical
• Fujia Group
• Marathon Petroleum Corporation
• Sinopec
• Others

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