Europe Para Xylene Market
Para Xylene (Paraxylene) is a widely used aromatic hydrocarbon isomer of xylene produced by catalyst for various commercial applications, most notably for the plastics industry. The Europe Para Xylene Market has around 3.4% of market share value in 2013, and is projected to reach 4.8% by 2018, growing at a CAGR of 6.8%. Europe Para Xylene market has grown considerably during the past few years and is expected to grow at a more rapid pace in the next five years, currently more than half of the total global consumed in manufacturing of purified terephthalic acid which used in pharmaceutical industry. Germany is the largest consumer of Para Xylene in Europe, consuming about almost 0.7% of the total global demand in 2013.
Para Xylene is isomer of xylene with two methyl group bonded to adjacent carbon atoms to each other. Para Xylene is manufactured by crystallization and adsorption processes. It is basically used in the manufacturing of terepthalic acid (TPA), purified terepthalic acid (PTA) and dimethyl-terephthalate (DMT) which are ultimately used to manufacture polyethylene terephthalate (PET) saturated polyester polymers. Polyesters are used to produce fibre and films PET bottles are widely used for water because of its non-breakage properties as well as carbonated beverages because of good carbon dioxide barrier properties. In addition, they are light-weight, shatter-resistant and possess high tensile strength. Lots of new processes are being developed to produce Para Xylene.
The European chemical industry is a significant part of the country’s economy.The industry is divided in four segments including Base chemicals, Specialty chemicals, Pharmaceuticals, and Consumer chemicals. Germany is the largest chemical producer in Europe, followed by France, Italy, and The Netherlands. These four countries together account for 64.0% of the Europe chemical sales. In the past, most of Europe’s chemical industry growth was driven by domestic sales, but these days, the country’s growth is shared dependent on both the domestic and the export market. Germany is the major consumer of Para Xylene in Europe, accounting for almost 20.7% of the total consumption. Subsequent to Germany are The Spain and Italy.
The key countries covered in Europe Para Xylene Market are Germany, Spain and Italy. The various applications studied include Solvents, Chemical intermediate, Pharmaceutical and Others. Further, as a part of qualitative analysis, the Europe Para Xylene Market research report provides a comprehensive review of the important drivers, restraints, opportunities, and burning issues in the xylene market.
The Europe Para Xylene Market report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles of and competitive strategies adopted by various market players, including Polimeri Europa (Italy), DuPont (U.S), BASF (Germany) and others.
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Europe Xylenes The European xylenes market had been valued at $2.7 billion in 2013, and is expected to grow at 6.3% annually, to reach $3.6 billion by 2018. This market is segmented on the basis of applications and countries in the European region. |
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North America Xylenes The North America Xylenes market had been valued at $7.2 billion in 2013. and the North America Xylenes market is expected to grow at 9.0% annually, to reach $11.1 billion by 2018. The North America Xylenes market is segmented in terms of applications and countries in the North American region. |
Upcoming | |
Asia-Pacific Xylenes The Asia-Pacific xylenes market in the region had been valued at $48.6 billion in 2013, and the Asia-Pacific xylenes market is expected to grow at 11.4% annually, and to reach $83.2 billion by 2018. The Asia-Pacific xylenes market is segmented in terms of applications and countries in the region. |
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Rest of World Mixed Xylenes Xylenes-Rest of World and Ortho-xylenes, Meta-xylenes and |
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