The global paraxylene market size reached a value of around USD 53.18 Billion in 2025. The global market is expected to grow at a CAGR of 6.40% between 2026 and 2035, reaching a value of USD 98.89 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
6.4%
Value in USD Billion
2026-2035
*this image is indicative*
Paraxylene also known as p-Xylene, is a chemical that is largely used as a building block to manufacture polyester and PET plastics. As PET plastic is robust, lightweight, and shatter-resistant, it is frequently used to make bottles for water, sodas, and other liquids. P-Xylene is a hydrocarbon which is usually obtained from crude oils.
The EMR’s report titled “Paraxylene Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Application
Market Breakup by Region
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The market for paraxylene, based on type, can be segmented into dimethyl terephthalate and purified terephthalic, among others. Dimethyl terephthalate is produced through the formal condensation of the carboxy groups of terephthalic acid with methanol. It is a diester, phthalate ester, and methyl ester. It is widely used in the manufacturing of polyesters and commercial plastics and is also commonly used to produce esters for the production of plasticisers. These plasticisers are usually found in polyester resins, polyester polyols, dyes and pigments, anhydrides, and insect repellents. Dimethyl terephthalate is a key component of thermoplastics, electrical capacitors, and several valuable X-ray and video films.
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa make up the market segments for the global paraxylene market.
The Asia Pacific regional market for paraxylene is anticipated to be driven by the rapid industrialisation and economic growth. Due to the significant use of paraxylene for the manufacture of PET, the Asia-Pacific region is expected to hold a leading position in the market. China, India, Malaysia, and Indonesia, among others, are some of the largest manufacturers and consumers of paraxylene, which can significantly propel the development of the market.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global paraxylene market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
China National Petroleum Corporation founded in 1988, is one of the largest integrated energy organisations in the world and a significant national oil and gas corporation of China. Its main office is located in Beijing. The company has expertise in the oil and gas sector and distributes its products around the world. The company is engaged in searching, refining, and selling a variety of products, including fuel oils, solvent oils, diesel oils, lubricant oils, chemical light oils, and gasolines.
ENEOS Corporation, based in Tokyo, Japan, is a company that operates in the oil and gas industry. The company, founded in 1888, was formerly known as JXTG Nippon Oil & Energy Corporation, or NOC or Shin-Nisseki. Its operations include the exploration, import, and refinement of crude oil, as well as the production and marketing of petroleum goods including fuels and lubricants.
GS Caltex Corporation is jointly controlled by Chevron and GS Group. The company was established in 1967 with headquarters in Seoul, South Korea, and was Korea's first privately owned oil firm. The company is engaged in various business sectors including petroleum, aromatics, olefin, polymer, base oil, and lubricants, while also increasingly focused on production processes and research and development.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include INEOS Group Holdings S.A, S-OIL Corporation, Reliance Industries Limited, and Mitsubishi Gas Chemical Company, Inc., among others.
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*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.*
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In 2025, the global market for paraxylene reached a value of USD 53.18 Billion.
The market is expected to grow at a CAGR of 6.40% during the period 2026-2035.
The market is expected to reach a value of USD 98.89 Billion in 2035.
The major paraxylene market drivers propelling market growth are the increasing demand for PET bottles and other plastic related products, and rapid industrial and economic development of certain countries.
The key trends influencing the market include the growing environmental awareness among people propelling the demand for bio-based PET bottles and other bioplastic products.
The regional markets for the paraxylene include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The product types of paraxylene available in the market include dimethyl terephthalate (DMT), and purified terephthalic (PTA), among others.
The different applications of paraxylene in the market include electronics, construction, textiles, food packaging, and beverage bottling, among others.
Paraxylene is commonly made from petroleum naphtha by its catalytic reforming as a component of the BTX aromatics separated from the catalytic reformate.
The key players in the market include China National Petroleum Corporation, ENEOS Corporation, GS Caltex Corporation, INEOS Group Holdings S.A, S-OIL Corporation, Reliance Industries Limited, and Mitsubishi Gas Chemical Company, Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Trade Data Analysis |
|
| Competitive Landscape |
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| Companies Covered |
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