Global Meta-Xylene Market is projected to grow with a CAGR of 4.4% from 2019 to 2026. The market of meta-xylene is highly fragmented across the globe and regionally the largest market share is occupied by Asia-Pacific. The major factors driving the Global Meta-Xylene Market are its use in construction industries & major demand in preparing adhesives. Moreover, growing consumption of isophthalic acid and major discoveries of shale oil through which the cheaper feedstock & availability of meta-xylene have also increased the demand among different industry verticals. However, dangerous & detrimental effects of Meta-Xylene on health & environment may hinder the market. Further, the subsequent increase in the use of adhesives & the growing application of meta-xylene in adhesives is expected to bolster the market in the coming years.
The global meta-xylene market is segmented by application, type, end-user & geography. The application type segment covers Isophthalic Acid, 2, 4- and 2, 6-xylidine, Solvents, and Others. The type segmentation covers Sorbex, UOP & Others. In the end-user segment, the market is covered in Construction, Packaging, Automotive & Aerospace. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle East, Africa and Rest of the World (RoW).
The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico while Europe covers Germany, France, Italy, U.K., Belgium, Spain, Turkey, Netherlands, & Rest of Europe. Japan, China, Russia, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes Central & South America, the Middle East, and Africa.
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries. The market has been analyzed both from demand as well as supply side to come to an accurate scenario. Products across application and application across geographies have been mapped to provide you a precise competitive scenario to have a leading edge in the market.
Key companies operating in this market and their company profile along with the market share analysis and competitive scenario is also part of the report. Top players in the global meta-xylene market are Mitsubishi Gas Chemicaql Company, Lotte Chemical Corporation, Cepsa, Formosa Chemicals & Fibre Corp., Avantor, Inc., BP p.l.c., Chevron, Phillips Chemical Company, Royal Dutch Shell, Perstorp and Merck KGaA.
The Highlights of the Report
Scope of the Global Meta-Xylene Market
By End- User
• North America
o Rest of Europe
o South Korea
• South America
• Middle East and Africa.