A latest report has been added to the wide database of Paraxylene Market by Infinium Global Research. This report studies the
Paraxylene Market by type (purified terephthalic acid (PTA), dimethyl terephthalate (DMT), others (solvents)), by application
(packaging, apparel, others) market status and outlook of global and major regions, from manufacturers, and end industries. The
objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the
next six years. Paraxylene Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of
competitive landscape, latest trends, and product offerings of the major companies in the Paraxylene Market. According to the report
the Global Paraxylene Market is projected to grow at a CAGR of 7% in terms of value over the period of 2017-2023. The growth in the
world market is primarily driven by significant contribution by North America (Leading region) region to this market.
Segments Covered:
The report segments the global paraxylene market by application, product type and region. The product type includes purified
terephthalic acid (PTA), dimethyl terephthalate (DMT) and others (solvents). PX solvents are used to produce di-paraxylene and
herbicides; however, it is approximately 2% – 3% of the overall PX. The report also provides insights on paraxylene production and
utilization along with high level trade statistics.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In
volume terms, Asia-Pacific is the largest market followed by North America. While Europe and North America are declining markets for
polyesters; Asia, in particular, China is expanding exponentially over the years. On one hand China has become the largest importer of
Paraxylene to produce polyester fibers and packaging materials; Middle East and North & South Asia have become net exporters.
Make an Enquiry: https://www.infiniumglobalresearch.com/reports/enquiry/731
Companies Profiled:
The companies covered in the report include BASF SE , BP plc, China National Petroleum Corporation, Exxon Mobil Corporation,