The ortho-xylene market refers to the global market for ortho-xylene, which is a colorless liquid hydrocarbon compound. Ortho-xylene is primarily used as a raw material in the production of phthalic anhydride, which is further used in the manufacturing of phthalate plasticizers, polyester resins, and alkyd resins.
Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Ortho-Xylene Market
Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.
Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Ortho-Xylene market.
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Key Ortho-Xylene Market Takeaways and Projections
- The U.S. will lead the North America Ortho-Xylene market, projecting the fastest growth in the region between 2022 and 2032
- Germany will collectively hold the largest share in the Europe market over the assessment period.
- India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through 2032.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
Report Benefits & Key Questions Answered
Ortho-Xylene Historical Volume Analysis: The analysis conducted by FMI analyses key factors that affected the growth in the market over the past half-decade and highlights its consequent impact. It also sheds the light on the demand and sales registered between 2018 and 2022 and forecasts the sales performance of Ortho-Xylene for the coming forecast period 2022-2032.
Ortho-Xylene Category & Segment Level Analysis: The category & segment level analysis conducted by FMI provides insights into factors affecting the demand outlook across the segments. It studies the vital dynamics across each segment and also highlights their growth prospects in the coming decade.
Merger and Acquisition Activity in Ortho-Xylene: Future Market Insight’s analysis also includes merger & acquisitions activity adopted by leading players. It also provides insights that will assist the market players in understanding its impact on the competitive landscape and market share.
Ortho-Xylene Market Trend Analysis: The latest study by FMI on the Ortho-Xylene market offers exclusive insights into how leading players are aligning their strategies with respect to current trends. It discloses data regarding upcoming trends in the technology industry to assist market players in constructing an effective strategy to capitalize on them.
Ortho-Xylene Company & Brand Share Analysis: A detailed study by FMI highlights a list of leading market players and stakeholders in the global Ortho-Xylene market.
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Competitive Landscape Analysis
The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Ortho-Xylene market. It also profiles a list of prominent companies including Creasyn Finechem (Tianjin) Co., Ltd., Doe & Ingalls of North Carolina Inc., Dyna Chem Inc., Minda Petrochemicals Ltd., Shell Chemicals, Sonoco Chemicals, U.S. Petrochemical Industries Ltd.
To offer an in-depth analysis of prevailing competition, the survey provides a thorough market share analysis. The report also highlights key expansion strategies adopted by the Tier 1, Tier 2, and Tier 3 players.
Ortho-Xylene Demand Analysis by Category
By Type
- Ortho-xylene
- Meta xylene
- Para xylene
By Application
- Phthalic Anhydride
- Bactericides
- Herbicides
- Lube Oil Additives
By End Use
- Automotive
- Building & Construction
- Paints & Coatings
- Aerospace & Defence
- Electrical & Electronics
- Agrochemical
- Oil & Gas
- Chemical
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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