Global Xylene Market 2017-2021: Market to Grow at a CAGR of 7.49% – Recycling of PET, Surge in pricing margin & Growing shale gas market – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Xylene Market 2017-2021" report has been added to Research
and Markets' offering.

The global xylene market to grow at a CAGR of 7.49% during the period
2017-2021.

Global Xylene Market 2017-2021, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the
market landscape and its growth prospects over the coming years. The
report also includes a discussion of the key vendors operating in this
market.

One trend in the market is recycling of PET. Owing to its increasing
consumption and non-biodegradable nature, PET waste disposal has raised
serious environmental and economic concerns. Management of PET waste has
become a crucial issue. Hence, recycling is viewed as the most viable
option for the treatment of PET waste.

According to the report, one driver in the market is increased demand
from automobile industry. The global automobile industry has witnessed a
significant growth in the past two decades. In 2016, the global
automotive sales accounted for 75.53 million units. It is projected to
reach 102.93 million units by 2020, growing at a CAGR of 8.04%.

The global production of passenger cars increased from 63.08 million
units in 2012 to 71.69 million units in 2016. Xylene is used in a
variety of applications such as insulation, sealing, bonding, and
coating, in different automotive parts such as engine, drive train,
electrical system, electronics, interior, and body.

Market trends

• Recycling of PET
• Surge in pricing margin
• Growing shale gas market

Key vendors

• Braskem
• Exxon Mobil
• Formosa Chemicals & Fibre
• JXTG Nippon Oil & Energy Corporation
• Reliance Industries
• Royal Dutch Shell
• US Petrochemical

Other prominent vendors

• Banner Chemicals
• China National Petroleum Corporation
• Chevron Phillips Chemical Company
• GS Caltex
• Gazprom Neft PJSC
• KETUL CHEM
• Koch FHR
• LOTTE CHEMICAL
• Mangalore Refinery & Petrochemicals
• MP Biomedicals
• MITSUBISHI GAS CHEMICAL COMPANY
• Nutan Chemicals
• PTT Global Chemical
• RIDHDHI SIDHDHI CHEMICALS
• Sigma-Aldrich
• THAI OIL
• Total
• Triveni chemicals
• Versalis
• Vinmar International

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product Type

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/sbqc3j/global_xylene?w=4

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Related
Topics: Petrochemicals,
Solvents,
Oilfield
Chemicals