According to a new market research report published by Global Insight Services “ Mixed Xylene Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Mixed xylene is a blend of the three isomeric xylene compounds: ortho-xylene, meta-xylene, and para-xylene. This mixture is a colorless liquid with a sweet odor. Xylene is produced as a by-product of the petroleum refining process and is used as a solvent in a variety of industries. It is also a component of gasoline, and can be found in cigarette smoke.
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Top Key Players in Mixed Xylene market: Exxon Mobil Corporation, TOTAL S.A., Idemitsu Kosan Co. Ltd., LOTTE Chemical CORPORATION, Royal Dutch Shell plc, China National Petroleum Corporation
Key Trends
The key trend in Mixed Xylene technology is the development of new and improved process technologies that enable the production of mixed xylenes with improved purity and yield. In particular, new process technologies are being developed that enable the production of mixed xylenes with less than 0.1% w/w impurities.
Key Drivers
The key drivers of mixed xylene market are its applications in paints & coatings, adhesives, and printing inks. Mixed xylene is used as a solvent in paints & coatings and adhesives due to its low viscosity, high solvency power, and low evaporation rate. It is also used as a diluent in printing inks. The growth of the paints & coatings and adhesives industries is driving the growth of the mixed xylene market.
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Market Segments
The Mixed Xylene Market is segmented by grade, application, and region. By grade, the market is divided into isomer grade and solvent grade. Based on application, it is classified into fuel blending, solvents, thinners and raw material. On the basis of end-use, it is bifurcated into paints & coatings, pesticides, chemicals, gasoline and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Reasons to buy Mixed Xylene Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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