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  Para-Xylene Market — Market Overview The global market was valued at $ 36.1 billion in 2016, and it is expected to see a CAGR of 6% and reach 41 billion in the paraxylene market forecast for 2021–2030. Xylene is a clear, colorless, and flammable solution that is produced from crude oil. Xylene primarily exists in three isomeric forms such as ortho-xylene, meta-xylene, and para-xylene. Para xylene or PX or P-xylene is basically an aromatic hydrocarbon compound, which is a colorless, sweet-smelling, toxic, and highly flammable chemical. Para-xylene is extensively used for the production of dimethyl terephthalate (DMT) and terephthalic acid (PTA) which are further used in the manufacturing of polyesters. Moreover,  Paraxylene Market Share  is primarily used in the production of polyethylene terephthalate (PET) which is primarily used as a packaging material for carbonated drinks, water bottles, and other containers for food, beverages and personal care products. According ...

Para-Xylene Market — Market Overview Xylene is a clear, colorless, and flammable solution that is produced from crude oil. Xylene primarily exists in three isomeric forms such as ortho-xylene, meta-xylene, and para-xylene. Para xylene or PX or P-xylene is basically an aromatic hydrocarbon compound, which is a colorless, sweet-smelling, toxic, and highly flammable chemical. Para-xylene is extensively used for the production of dimethyl terephthalate (DMT) and terephthalic acid (PTA) which are further used in the manufacturing of polyesters. Moreover, para-xylene is primarily used in the production of polyethylene terephthalate (PET) which is primarily used as a packaging material for carbonated drinks, water bottles, and other containers for food, beverages and personal care products. According to the analysis of MRFR, the major market forces and trends driving the growth of the  Paraxylene Market Share  includes increasing demand for various applications such as packaging, tex...

   Paraxylene Market Share The global market was valued at $ 36.1 billion in 2022, and it is expected to see a CAGR of 6% and reach 68 billion in the paraxylene market forecast period. Market Research Future (MRFR) in its recent study finds that the global Paraxylene Market Share will exhibit a steady growth over the next five years. P-Xylene or paraxylene is an industrial material that has been around for quite some time now. Demand for paraxylene is expected to remain sturdy during the foreseeable future as the product continues to find new avenues of application. Some of the conventional application areas for p-xylene includes manufacturing of terephthalic acids, dimethyl terephthalate and purified terephthalic acid. Get a Free Sample PDF Brochure https://www.marketresearchfuture.com/sample_request/5905 The polymer industry remains a major consumer of paraxylene and is likely to play an important role in driving the growth of the market over the next couple of years. T...