The global Paraxylene (PX) market was valued at 3237.18 Million USD in 2021 and will grow with a CAGR of 5.24% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Paraxylene (PX) is a product of two hydrogens on a benzene ring that are substituted by methyl groups. There are three isomers, namely, adjacent, inter and opposite. In industry, xylene refers to the mixture of the above isomers.Paraxylene (PX) is an important petrochemical as its end-product polyester is used for various industrial purposes, including textile manufacturing and packaging.

By Market Verdors:

BP

ExxonMobil

JX Nippon Oil & Energy

PetroChina

Reliance Industries

Sinopec

Arabian Industrial Fibers

BASF

Braskem

Chevron Phillips Chemical

Cosmo Oil

Dalian Fujia Dahua Petrochemical

Dragon Aromatics

Esso Thailand

Flint Hills Resources

Formosa Chemical and Fibre

Fujian Refining & Petrochemical

By Types:

Reagent Grade

Industrial Grade

By Applications:

Plastic

Dye

Rubber

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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