The global paraxylene market features an increasingly fragmented landscape on account of the leading companies accounting for a scant market share. The top three players—BP plc., S-Oil Corporation, and Reliance Industries Limited, held a share of just 12% in the global market in 2015. CMR notes that a large part, estimated at around 85%, of the global production of paraxylene is contributed by small firms and subsidiaries of large chemical manufacturers. A growing number of manufacturers are focusing on forward integration moving down the supply chain which is most likely to up the level of competition in the market.
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The global paraxylene market stood at US$33.03 billion in 2015 and is projected to reap an opportunity worth US$60.04 billion by the end of 2024. During the forecast period of 2016–2024, the global market is projected to expand at a CAGR of 7.0%.
The scope of ParaXylene report:
1. Global market size, supply, demand, consumption, price, import, export, macroeconomic analysis, type and application segment information by region, including:
- North America
- South America
- MEA (Middle East and Africa)
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China market information is also presented in the report.
2. For industry chain analysis, raw material and end users information is available.
3. Global key players’ information including SWOT analysis, company’s financial figures, ParaXylene figures of each company are covered.
4. Powerful market analysis tools used in the report include: Porter's five forces analysis, PEST analysis, drivers and restraints, opportunities and threatens.
5. Based year in this report is 2019; the historical data is from 2014 to 2018 and forecast year is from 2020 to 2024.
6. In each chapter, the point is presented in the commentary
7. At last, research method and data source used in this report are shown.
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