Meta-xylene is a hydrocarbon compound, also known as m-xylene. Meta-xylene is one of the three isomers of xylene. Meta-xylene is not soluble in water and soluble in organic solvents. Xylenes are primarily derived from the crude petroleum. Meta-xylene has properties such as water and stain resistance, outstanding hardness, weathering, corrosion resistance, etc. Mostly, meta-xylene is used for the production of isophthalic acid. Meta-xylene is also used for the formulation of 2,4- and 2,6-xylidine. Meta-xylene has adverse narcotic effects on human health in case of high exposure to the compound.
MARKET DYNAMICS
The extensive usage of meta-xylene in the formulation of isophthalic acid will drive the demand growth for the meta-xylene market. Furthermore, the growing usage of isophthalic acid in aerospace coatings and architectural coatings will further imply in the demand growth for the meta-xylene market. Predominantly, health issues related to adverse narcotic effects on broad exposure to the meta-xylene may hamper the growth for the meta-xylene market. However, growing demand for isophthalic acid for plastic manufacturing will create the opportunity for the meta-xylene market.
MARKET SCOPE
The "Meta-Xylene Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the meta-xylene market with detailed market segmentation by application and region. The meta-xylene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading meta-xylene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The meta-xylene market is segmented on the basis of application. On the basis of application, the meta-xylene market is segmented into, isophthalic acid, 2,4- and 2,6-xylidine, solvents, others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the meta-xylene market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The meta-xylene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the meta-xylene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the meta-xylene market in these regions.
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MARKET PLAYERSThe reports cover key developments in the meta-xylene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from meta-xylene market are anticipated to lucrative growth opportunities in the future with the rising demand for meta-xylene in the global market. Below mentioned is the list of few companies engaged in the meta-xylene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the meta-xylene market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Avantor
-Compania Espanola De Petroleos, S.A.U. (Cepsa)
-Exxonmobil
-Honeywell International Inc.
-Lotte Chemical
-Merck KGaA
-MITSUBISHI GAS CHEMICAL COMPANY INC.
-Parchem fine & specialty chemicals
-Shell Chemicals LTD
-TCI Chemicals (India) Pvt. Ltd.
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