The Global Paraxylene (PX) Market research report published by Reports and Data is an investigative research study that focuses on top players of the industry, business expansions, geographical reach, segments and sub-segments of the market, and cost and value chain analysis. It offers crucial insights into market share, market size, revenue growth, current and emerging trends, consumer preferences and demands, factors influencing the market growth, and other important data to help clients, businesses, and stakeholders capitalize on the emerging opportunities in the Paraxylene (PX) market. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario and provides an in-depth impact analysis of the health crisis on the overall market growth.
The global Paraxylene (PX) market is expected to reach USD 97.69 Billion by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the growing applications of paraxylene (PX) amongst the end-user industries.
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The materials and chemical industry has registered a rapid revenue growth over the recent past owing to the constant requirement for materials and chemicals across various sectors including agriculture, pharmaceutical and biotechnology, paper, healthcare, food and beverage, and manufacturing among others. Rapid demand for products like perfumes, soaps, detergents for daily usage, increasing adoption of green energy and organic products, increasing investments in research and development activities, and rising support from various public and private sectors are key factors fueling global Paraxylene (PX) market growth. In addition, factors such as rising disposable income, increasing efforts to reduce carbon footprint and consumer shift to eco-friendly and sustainable products are expected to fuel overall market growth going ahead.
Key participants include BASF SE, BP PLC, Exxon Mobil, Mitsubishi Gas Chemical Co. Ltd., Reliance Industries Ltd., Chevron Phillips Chemical Company, SINOPEC, Saudi Aramco, JXTG Nippon Oil & Energy Corporation, and CNPC, among others.
The report additionally evaluates the manufacturers of the market with respect to market size and share, distribution, sales network and distribution channels, global position, recent research and development activities, and product portfolio among others to offer a competitive edge to the readers. The report also sheds light on the recent mergers and acquisitions, joint ventures, collaborations, and partnerships happening in the market that are significantly influencing the revenue growth. The competitive landscape section also covers SWOT analysis and Porter’s Five Forces analysis to provide better insights into the competition in the market.
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The report also evaluates the regions of the market with regards to the market size, share, volume, value, production and consumption patterns, supply and demand dynamics, trends, consumer demands, and the existence of key players in major geographical regions of the world. It also covers a country-wise analysis to provide better insights into the market growth and upcoming growth opportunities. The key regions assessed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
Purified Terephthalic Acid (PTA)
Dimethyl Terephthalate (DMT)
Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
Industry Verticals Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
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