Xylene Market Size, Share & Trends Analysis Report By Additives (Solvents, Monomers), By Type (Ortho-Xylene, Meta-Xylene, Mixed Xylene), By Region, And Segment Forecasts, 2023 - 2030

Xylene Market Size, Share & Trends Analysis Report By Additives (Solvents, Monomers), By Type (Ortho-Xylene, Meta-Xylene, Mixed Xylene), By Region, And Segment Forecasts, 2023 - 2030


Xylene Market Growth & Trends


The global xylene market size is anticipated to reach USD 57.0 billion by 2030, as per a new report from Grand View Research, Inc. The market is projected to grow at a CAGR of 8.0% from 2023 to 2030. This is attributable to the increasing demand for products such as solvent-based paints, varnishes, enamels, adhesives, sealants, pharmaceuticals, plastics, and synthetic fibers, which fuels the growth of the market.

Solvent-based paints, varnishes, and enamels rely on xylene as an essential component in the formulation of high-quality coatings. Xylene acts as a highly effective solvent, facilitating the dissolution and dispersion of pigments and binders within these paint formulations. Its rapid evaporation characteristics and ability to contribute to desired drying and curing properties make it an indispensable ingredient in the paint manufacturing process. Similarly, in the adhesives and sealants industry, xylene serves as a crucial solvent for dissolving additives and optimizing the bonding properties of these products. By aiding in the dissolution of additives, xylene enhances the adhesion strength and overall performance characteristics when applied to diverse materials.

The pharmaceutical industry extensively utilizes xylene in the production of medicines and active pharmaceutical ingredients. It acts as a versatile and efficient solvent, aiding in the synthesis and formulation of various drugs. Xylene's excellent solubility and compatibility with a wide range of compounds make it an integral component of pharmaceutical manufacturing processes. In addition, xylene plays a critical role in the production of plastics, including polyester and polyethylene terephthalate (PET). These plastics have widespread applications in industries such as packaging, textiles, and automotive manufacturing. Xylene is actively involved in the synthesis and processing of these plastics, contributing to their unique properties and functionality.

Xylene Market Report Highlights

  • In terms of additives, the solvent segment emerged as the fastest-growing application segment with a CAGR of 7.8% from 2023 to 2030. Xylene is widely used as a solvent in industries ranging from paints and adhesives to chemical manufacturing
  • Based on type, the mixed-xylene segment dominated the market in 2022 with the largest revenue share. Mixed xylene, as the name suggests, is a combination of the three isomers - ortho-xylene, meta-xylene, and para-xylene. It is primarily employed as a solvent in various applications such as paints, coatings, adhesives, and thinners
  • Based on region, Asia Pacific emerged as the fastest-growing region with a CAGR of 8.8% from 2023 to 2030, due to the demand for solvents and monomers in countries like China, Japan, India, and South Korea, which contribute to the overall market
  • In April 2021, Tecnimont Private Limited was granted an Engineering, Procurement, Construction, and Commissioning (EPCC) contract by Indian Oil Corporation Limited (IOCL) to establish a comprehensive paraxylene (PX) and purified terephthalic acid (PTA) plant in Paradip, Odisha. The contract is valued at USD 450 million and involves integrating the plant with the existing Jagatsinghpur refinery facility in Odisha
  • China holds a prominent position as a major producer of PET resins, with industry leaders such as PetroChina Group and Jiangsu Sangfangxiang standing out as significant global manufacturers, boasting a combined capacity exceeding 2 million tons. Consequently, the increasing demand for PET from various end-user industries is a key driving force behind the surge in the demand for paraxylene
  • The paints and coatings sectors are both experiencing a growth in the utilization of xylene owing to substantial investments and expansions in the industry. Notably, the American Coatings Association reports that the production of paints and coatings in the United States surpassed 1.36 billion gallons in 2022. Projections indicate that the industry's output in 2023 is anticipated to surpass 1.38 billion gallons
Please note The report will be delivered in 2-3 business days upon order notification.


Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 GVR’s Internal Database
1.4 Information analysis
1.5 Market formulation & data visualization
1.6 Data validation & publishing
1.6.1 Research scope and assumptions
1.6.2 List of Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segmental Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Xylene: Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Global Market Outlook
3.2 Industry Value Chain Analysis
3.3 Price Trend Analysis, 2018 - 2030
3.4 Regulatory Framework
3.5 Market Dynamics
3.5.1 Market Driver Analysis
3.5.2 Market Restraint Analysis
3.5.3 Industry Challenges Analysis
3.5.4 Industry Opportunities Analysis
3.6 Industry Analysis - Porter’s Analysis
3.7 Macroeconomic Analysis - PESTLE
Chapter 4 Xylene Market: Supplier Portfolio Analysis
4.1 List of Raw Material Suppliers
4.2 Raw Materials Trends
4.3 Portfolio Analysis/ Kraljic Matric
4.4 Engagement Model
4.5 Negotiation Strategies
4.6 Sourcing Best Practices
Chapter 5 Xylene Market: Additives Estimates & Trend Analysis
5.1 Additives Movement Analysis & Market Share, 2022 & 2030
5.2 Xylene Market Estimates & Forecast, by Additives (Million Tons) (USD Billion)
5.2.1 Solvents
5.2.1.1 Xylene Market Estimates and Forecasts, In Solvents 2018 - 2030 (Million Tons) (USD Billion)
5.2.2 Monomers
5.2.2.1 Xylene Market Estimates and Forecasts, In Monomers 2018 - 2030 (Million Tons) (USD Billion)
5.2.3 Others
5.2.3.1 Xylene Market Estimates and Forecasts, In Others 2018 - 2030 (Million Tons) (USD Billion)
Chapter 6 Xylene Market: Type Estimates & Trend Analysis
6.1 Additives Movement Analysis & Market Share, 2022 & 2030
6.2 Xylene Market Estimates & Forecast, by Additives (Million Tons) (USD Billion)
6.2.1 Ortho-Xylene
6.2.1.1 Ortho-Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
6.2.2 Meta-Xylene
6.2.2.1 Meta-Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
6.2.3 Para-Xylene
6.2.3.1 Para-Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
6.2.4 Mixed Xylene
6.2.4.1 Mixed-Xylene Market Estimates and Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
Chapter 7 Xylene Market: Regional Estimates & Trend Analysis
7.1 Xylene Market: Regional Outlook
7.2 North America
7.2.1 North America Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.2.2 U.S.
7.2.2.1 Key country dynamics
7.2.2.2 U.S. Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.2.3 Canada
7.2.3.1 Key country dynamics
7.2.3.2 Canada Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.2.4 Mexico
7.2.4.1 Key country dynamics
7.2.4.2 Mexico Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.3 Europe
7.3 1 Europe Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.3.2 Germany
7.3.2.1 Key country dynamics
7.3.2.2 Germany Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.3.3 Italy
7.3.3.1 Key country dynamics
7.3.3.2 Italy Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.3.4 Belgium
7.3.4.1 Key country dynamics
7.3.4.2 Belgium Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.3.5 UK
7.3.5.1 Key country dynamics
7.3.5 2 UK Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.3.6 France
7.3.6.1 Key country dynamics
7.3.6 2 France Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.3.7 Netherland
7.3.7.1 Key country dynamics
7.3.7 2 Netherland Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.3.8 Russia
7.3.8.1 Key country dynamics
7.3.8 2 Russia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4 Asia Pacific
7.4.1 Asia Pacific Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4.2 China
7.4.2.1 Key country dynamics
7.4.2.2 China Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4.3 India
7.4.3.1 Key country dynamics
7.4.3.2 India Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4.4 Japan
7.4.4.1 Key country dynamics
7.4.4.2 Japan Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4.5 Malaysia
7.4.5.1 Key country dynamics
7.4.5.2 Malaysia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4.6 Indonesia
7.4.6.1 Key country dynamics
7.4.6.2 Indoneisa Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4.7 Vietnam
7.4.7.1 Key country dynamics
7.4.7.2 Vietnam Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4.8 Australia
7.4.8.1 Key country dynamics
7.4.8.2 Australia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.4.9 New Zealand
7.4.9.1 Key country dynamics
7.4.9.2 New Zealand Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5 Middle East & Africa
7.5.1 Middle East & Africa Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5.2 Saudi Arabia
7.5.2.1 Key country dynamics
7.5.2.2 Saudi Arabia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5.3 South Africa
7.5.3.1 Key country dynamics
7.5.3.2 South Africa Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5.4 Iran
7.5.4.1 Key country dynamics
7.5.4.2 Iran Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5.6 Oman
7.5.6.1 Key country dynamics
7.5.6.2 Oman Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5.7 Qatar
7.5.7.1 Key country dynamics
7.5.7.2 Qatar Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5.8 Kuwait
7.5.8.1 Key country dynamics
7.5.8.2 Kuwait Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5.9 Anghola
7.5.9.1 Key country dynamics
7.5.9 2 Angola Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.5.10 Nigeria
7.5.10.1 Key country dynamics
7.5.10.2 Nigeria Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.6 Central & South America
7.6.1 Central & South America Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.6.2 Brazil
7.6.2.1 Key country dynamics
7.6.2.2 Brazil Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.6.3 Argentina
7.6.3.1 Key country dynamics
7.6.3.2 Argentina Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.6.4 Colombia
7.6.4.1 Key country dynamics
7.6.4.2 Colombia Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
7.6.5 Peru
7.6.5.1 Key country dynamics
7.6.5.2 Peu Xylene Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Billion)
Chapter 8 Competitive Landscape
8.1 Company Categorization
8.2 Company Market Positioning
8.3 Company Heat Map Analysis
8.4 Strategy Mapping
8.5 Company Listing (Company Overview, Product Benchmarking, Financial Performance)
8.5.1 Exxon Mobil Corporation,
8.5.2 Reliance Industries Limited
8.5.3 INEOS
8.5.4 Mitsubishi Gas Chemical Company, Inc.
8.5.5 CNPC (China National Petroleum Corporation)
8.5.6 Chevron Phillips Chemical Company
8.5.7 Eastman Chemical Company
8.5.8 Honeywell International Inc.
8.5.9 Saudi Arabian Oil Co.
8.5.10 Royal Dutch Shell plc

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings