DUBLIN–(BUSINESS WIRE)–The “Meta-Xylene – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023” report has been added to ResearchAndMarkets.com‘s offering.
Global m-xylene market is projected to reach $758.0 million by 2023, the market growth is primarily driven by the rising demand for adhesives and sealants and the increasing consumption of isophthalic acid in various end-use industries. Some other chemical names of m-xylene are 1,3-dimethylbenzene, 1,3-xylene, m-xylol, and m-dimethylbenzene.
Based on application, the m-xylene market has been categorized into isophthalic acid production; 2,4-xylidine and 2,6-xylidine production; solvent; and others. The others category includes the use of m-xylol in 2,4-dimethylbenzophenone production, in chemical syntheses, and as an intermediate in dyes and resins. Isophthalic acid production was the largest application area of m-xylol in the market during the historical period. The increasing consumption of isophthalic acid for the production of plastics and paints is driving the demand for m-xylol, as it is primarily used as a raw material in isophthalic acid production.
Emerging economies, such as China, India, Brazil, Indonesia, and South Africa, will continue offering huge growth opportunities to the players operating in the m-xylene market. Over the years, these countries have witnessed rapid economic growth fueled by the growth in their automotive and packaging industries.
Some of the major players operating in the global m-xylene market are Mitsubishi Gas Chemical Company Inc., Lotte Chemical Corporation, CEPSA, and Formosa Chemicals & Fibre Corporation.
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. Global Market Size and Forecast
Chapter 6. North America Market Size and Forecast
Chapter 7. Europe Market Size and Forecast
Chapter 8. APAC Market Size and Forecast
Chapter 9. RoW Market Size and Forecast
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles
- Lotte Chemical Corporation
- Mitsubishi Gas Chemical Company Inc.
- Formosa Chemicals & Fibre Corporation
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