Industry Statistics
Industry Statistics
Xylene, alternatively called dimethyl benzene, is a colourless and aromatic hydrocarbon which is widely used as a solvent. It is one of the highest-volume chemicals that is manufactured and utilised by industries. It is produced from the process of coke fuel manufacturing via coal carbonization and catalytic reforming. Some of its common applications include its use in products like paint thinners, ink, varnish, degreasers, and insecticides. The chemical is naturally found in wood tar, coal, and petroleum and is widely used in the manufacturing of dyes and fibres.
The global xylene market stood at a volume of around 55,700 KT in 2023. The market is estimated to grow at a CAGR of 4.10% between 2024 and 2032 to reach a volume of about 79,659.9 KT by 2032. The key factors propelling the xylene market are the diverse applications of the product and its growing demand from various end use industries. Xylene's effectiveness as a solvent is crucial for achieving desired performance characteristics in coatings, enhancing its demand in the surface coatings industry. Meanwhile, it is vital for producing various plastics, including polyethylene terephthalate (PET), which is widely used in the packaging sector, and polyester fabrics.
However, the demand for xylene is primarily driven by its use as a solvent and a key component in various paint and coating formulations. As xylene is miscible with several organic liquids, it is indispensable in paints, adhesives, and varnishes. The paint and coating sector thus represents the leading application of the product.
The global capacity of xylene was about 94,000 KT in the year 2023. It is estimated to reach 114,000 KT by 2032. The Asia Pacific holds the major share of xylene capacities, representing around 68% of the global production capacity. The plant capacity utilization of xylene stood at 60% in 2023.
The top five players in the xylene market are ExxonMobil Corporation, INEOS Group Ltd, China National Petroleum Corporation (Sinopec), Merck KGaA, and Reliance Industries Limited. Among these, China National Petroleum Corporation (Sinopec) dominates the market, accounting for the largest market share.
China National Petroleum Corporation (Sinopec), based in South China, is one of the leading petrochemical companies, with crude oil refining and ethylene production as its core businesses. With around 50 major petrochemical manufacturing units, among other facilities, the company’s primary refining products include diesel, heavy oil, xylene, gasoline, and many more (over 60 kinds).
Other significant manufacturers of xylene are Total Energies SE, Mitsubishi Gas Chemical Company, Inc., Sinochem Corporation, Eastman Chemical Company, Shell plc, Chevron Phillips Chemical Company, LLC, Honeywell International Inc., and Lotte Chemical Corporation.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Key Assumptions
4 Global Xylene Market Analysis, In Volume (Thousand Tonnes)
4.1 Global Xylene Historical Market (2018-2023)
4.2 Global Xylene Market Forecast (2024-2032)
4.3 Global Xylene Market Supply Analysis, By Type
4.3.1 Ortho-Xylene (O-Xylene)
4.3.1.1 Company Wise Name Plate Capacity (2018-2032)
4.3.2 Meta-Xylene (M-Xylene)
4.3.2.1 Company Wise Name Plate Capacity (2018-2032)
4.3.3 Para-Xylene (P-Xylene)
4.3.3.1 Company Wise Name Plate Capacity (2018-2032)
4.3.4 Others
4.4 Global Xylene Market Production Analysis, By Type
4.4.1 Ortho-Xylene (O-Xylene)
4.4.1.1 Production (2018-2032)
4.4.2 Meta-Xylene (M-Xylene)
4.4.2.1 Production (2018-2032)
4.4.3 Para-Xylene (P-Xylene)
4.4.3.1 Production (2018-2032)
4.4.4 Others
4.5 Global Xylene Market Demand Analysis, By Type
4.5.1 Ortho-Xylene (O-Xylene)
4.5.1.1 Demand Analysis and Forecast (2018-2032)
4.5.2 Meta-Xylene (M-Xylene)
4.5.2.1 Demand Analysis and Forecast (2018-2032)
4.5.3 Para-Xylene (P-Xylene)
4.5.3.1 Demand Analysis and Forecast (2018-2032)
4.5.4 Others
4.6 Global Xylene Market Demand Analysis, by Application
4.6.1 Automotive
4.6.1.1 Demand Analysis and Forecast (2018-2032)
4.6.2 Textiles
4.6.2.1 Demand Analysis and Forecast (2018-2032)
4.6.3 Paints and Coatings
4.6.3.1 Demand Analysis and Forecast (2018-2032)
4.6.4 Adhesives
4.6.4.1 Demand Analysis and Forecast (2018-2032)
4.6.5 Plastics and Polymers
4.6.5.1 Demand Analysis and Forecast (2018-2032)
4.6.6 Others
4.7 Global Xylene Market by Region
4.7.1 North America
4.7.1.1 Demand Analysis and Forecast (2018-2032)
4.7.1.2 Market by Type (2018-2032)
4.7.1.3 Market by Application (2018-2032)
4.7.2 Europe
4.7.2.1 Demand Analysis and Forecast (2018-2032)
4.7.2.2 Market by Type (2018-2032)
4.7.2.3 Market by Application (2018-2032)
4.7.3 Asia Pacific
4.7.3.1 Demand Analysis and Forecast (2018-2032)
4.7.3.2 Market by Type (2018-2032)
4.7.3.3 Market by Application (2018-2032)
4.7.4 Latin America
4.7.4.1 Demand Analysis and Forecast (2018-2032)
4.7.4.2 Market by Type (2018-2032)
4.7.4.3 Market by Application (2018-2032)
4.7.5 Middle East and Africa
4.7.5.1 Demand Analysis and Forecast (2018-2032)
4.7.5.2 Market by Type (2018-2032)
4.7.5.3 Market by Application (2018-2032)
4.8 Global Xylene Supply Demand Gap, By Region
4.8.1 North America
4.8.1.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
4.8.2 Europe
4.8.2.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
4.8.3 Asia Pacific
4.8.3.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
4.8.4 Latin America
4.8.4.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
4.8.5 Middle East and Africa
4.8.5.1 Demand-Supply Gap Analysis and Forecast (2018-2032)
5 North America Xylene Market Analysis
5.1 United States of America
5.1.1 Demand Analysis and Forecast (2018-2032)
5.1.2 Demand Supply Gap
5.2 Canada
5.2.1 Demand Analysis and Forecast (2018-2032)
5.2.2 Demand Supply Gap
6 Europe Xylene Market Analysis
6.1 Germany
6.1.1 Demand Analysis and Forecast (2018-2032)
6.1.2 Demand Supply Gap
6.2 UK
6.2.1 Demand Analysis and Forecast (2018-2032)
6.2.2 Demand Supply Gap
6.3 France
6.3.1 Demand Analysis and Forecast (2018-2032)
6.3.2 Demand Supply Gap
6.4 Italy
6.4.1 Demand Analysis and Forecast (2018-2032)
6.4.2 Demand Supply Gap
6.5 Spain
6.5.1 Demand Analysis and Forecast (2018-2032)
6.5.2 Demand Supply Gap
6.6 Others
7 Asia Pacific Xylene Market Analysis
7.1 China
7.1.1 Demand Analysis and Forecast (2018-2032)
7.1.2 Demand Supply Gap
7.2 Japan
7.2.1 Demand Analysis and Forecast (2018-2032)
7.2.2 Demand Supply Gap
7.3 India
7.3.1 Demand Analysis and Forecast (2018-2032)
7.3.2 Demand Supply Gap
7.4 South Korea
7.4.1 Demand Analysis and Forecast (2018-2032)
7.4.2 Demand Supply Gap
7.5 ASEAN
7.5.1 Demand Analysis and Forecast (2018-2032)
7.5.2 Demand Supply Gap
7.6 Australia
7.6.1 Demand Analysis and Forecast (2018-2032)
7.6.2 Demand Supply Gap
7.7 Others
8 Latin America Xylene Market Analysis
8.1 Brazil
8.1.1 Demand Analysis and Forecast (2018-2032)
8.1.2 Demand Supply Gap
8.2 Argentina
8.2.1 Demand Analysis and Forecast (2018-2032)
8.2.2 Demand Supply Gap
8.3 Mexico
8.3.1 Demand Analysis and Forecast (2018-2032)
8.3.2 Demand Supply Gap
8.4 Others
9 Middle East and Africa Xylene Market Analysis
9.1 Saudi Arabia
9.1.1 Demand Analysis and Forecast (2018-2032)
9.1.2 Demand Supply Gap
9.2 United Arab Emirates
9.2.1 Demand Analysis and Forecast (2018-2032)
9.2.2 Demand Supply Gap
9.3 Nigeria
9.3.1 Demand Analysis and Forecast (2018-2032)
9.3.2 Demand Supply Gap
9.4 South Africa
9.4.1 Demand Analysis and Forecast (2018-2032)
9.4.2 Demand Supply Gap
9.5 Others
10 Growth Opportunities and Strategic Analysis
10.1 Supply Chain Analysis and Its Component
10.2 Capacity Expansions, Plant Shutdowns, Force Majeure Events, and Plant Closures in the Last One Year and the Last one Quarter
10.3 Capacity Expansions, Plant Shutdowns, Force Majeure Events, and Plant Closures in Next One Year and the Next one
10.4 Impact Analysis in Price and Demand after Force Majeure Events, and Plant Closures
10.5 Environmental Considerations and Government Regulations
10.6 Technology Innovation and Its Impact on Production and Application
10.7 Challenges and Opportunities Faced by Existing Manufacturers
10.8 Potential Risks and Barriers to Entry for New Players
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 China national petroleum Corporation (Sinopec)
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio and Major Grades
11.2.1.3 Capacity by Location
11.2.1.4 Expansion Plan
11.2.1.5 Major Consumers
11.2.1.6 Revenue from POI
11.2.1.7 Technological Innovation and Sustainability
11.2.2 INEOS Group Ltd.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio and Major Grades
11.2.2.3 Capacity by Location
11.2.2.4 Expansion Plan
11.2.2.5 Major Consumers
11.2.2.6 Revenue from POI
11.2.2.7 Technological Innovation and Sustainability
11.2.3 ExxonMobil Corporation
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio and Major Grades
11.2.3.3 Capacity by Location
11.2.3.4 Expansion Plan
11.2.3.5 Major Consumers
11.2.3.6 Revenue from POI
11.2.3.7 Technological Innovation and Sustainability
11.2.4 Merck KGaA
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio and Major Grades
11.2.4.3 Capacity by Location
11.2.4.4 Expansion Plan
11.2.4.5 Major Consumers
11.2.4.6 Revenue from POI
11.2.4.7 Technological Innovation and Sustainability
11.2.5 Reliance Industries Limited
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio and Major Grades
11.2.5.3 Capacity by Location
11.2.5.4 Expansion Plan
11.2.5.5 Major Consumers
11.2.5.6 Revenue from POI
11.2.5.7 Technological Innovation and Sustainability
11.2.6 TotalEnergies SE
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio and Major Grades
11.2.6.3 Capacity by Location
11.2.6.4 Expansion Plan
11.2.6.5 Major Consumers
11.2.6.6 Revenue from POI
11.2.6.7 Technological Innovation and Sustainability
11.2.7 Mitsubishi Gas Chemical Company, Inc.
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio and Major Grades
11.2.7.3 Capacity by Location
11.2.7.4 Expansion Plan
11.2.7.5 Major Consumers
11.2.7.6 Revenue from POI
11.2.7.7 Technological Innovation and Sustainability
11.2.8 Sinochem Corporation
11.2.8.1 Company Overview
11.2.8.2 Product Portfolio and Major Grades
11.2.8.3 Capacity by Location
11.2.8.4 Expansion Plan
11.2.8.5 Major Consumers
11.2.8.6 Revenue from POI
11.2.8.7 Technological Innovation and Sustainability
11.2.9 Eastman Chemical Company
11.2.9.1 Company Overview
11.2.9.2 Product Portfolio and Major Grades
11.2.9.3 Capacity by Location
11.2.9.4 Expansion Plan
11.2.9.5 Major Consumers
11.2.9.6 Revenue from POI
11.2.9.7 Technological Innovation and Sustainability
11.2.10 Shell plc
11.2.10.1 Company Overview
11.2.10.2 Product Portfolio and Major Grades
11.2.10.3 Capacity by Location
11.2.10.4 Expansion Plan
11.2.10.5 Major Consumers
11.2.10.6 Revenue from POI
11.2.10.7 Technological Innovation and Sustainability
11.2.11 Chevron Phillips Chemical Company, LLC
11.2.11.1 Company Overview
11.2.11.2 Product Portfolio and Major Grades
11.2.11.3 Capacity by Location
11.2.11.4 Expansion Plan
11.2.11.5 Major Consumers
11.2.11.6 Revenue from POI
11.2.11.7 Technological Innovation and Sustainability
11.2.12 Honeywell International Inc.
11.2.12.1 Company Overview
11.2.12.2 Product Portfolio and Major Grades
11.2.12.3 Capacity by Location
11.2.12.4 Expansion Plan
11.2.12.5 Major Consumers
11.2.12.6 Revenue from POI
11.2.12.7 Technological Innovation and Sustainability
11.2.13 Lotte Chemical Corporation
11.2.13.1 Company Overview
11.2.13.2 Product Portfolio and Major Grades
11.2.13.3 Capacity by Location
11.2.13.4 Expansion Plan
11.2.13.5 Major Consumers
11.2.13.6 Revenue from POI
11.2.13.7 Technological Innovation and Sustainability
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Xylene Market: Key Industry Highlights, 2018 and 2032
2. Global Xylene Market Supply Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
3. Global Xylene Market Production Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
4. Global Xylene Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
5. Global Xylene Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
6. Global Xylene Market Demand Analysis: Breakup by Region (Thousand Tonnes), 2018-2032
7. Global Xylene Market Supply Demand Gap: Breakup by Region (Thousand Tonnes), 2018-2032
8. North America Xylene Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
9. North America Xylene Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
10. North America Xylene Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
11. North America Xylene Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
12. Europe Xylene Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
13. Europe Xylene Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
14. Europe Xylene Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
15. Europe Xylene Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
16. Asia Pacific Xylene Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
17. Asia Pacific Xylene Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
18. Asia Pacific Xylene Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
19. Asia Pacific Xylene Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
20. Latin America Xylene Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
21. Latin America Xylene Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
22. Latin America Xylene Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
23. Latin America Xylene Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
24. Middle East and Africa Xylene Market Demand Analysis: Breakup by Type (Thousand Tonnes), 2018-2032
25. Middle East and Africa Xylene Market Demand Analysis: Breakup by Application (Thousand Tonnes), 2018-2032
26. Middle East and Africa Xylene Market Demand Analysis: Breakup by Country (Thousand Tonnes), 2018-2032
27. Middle East and Africa Xylene Market Supply Demand Gap: Breakup by Country (Thousand Tonnes), 2018-2032
28. Global Xylene Market Structure
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