Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Xylene Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Xylene Industry in 2024 and 2025?
The xylene market has seen a slight increase in size recently. It is projected to increase from $62.87 billion in 2024 to $64.12 billion in 2025, with a compound annual growth rate (CAGR) of 2.0%. The historical growth trend in the Xylene market has been positive.
What Is the Projected Market Size of the Xylene Market in 2029?
The xylene market is projected to reach $75.9 billion by 2029, with a compound annual growth rate (CAGR) of 4.3%.
Download the Free Sample Now:
What Are the Key Drivers of Xylene Market Growth?
The key Drivers in the xylene market are:
• Rising global demand for paraxylene aids the growth of the xylene market
• Growing need for packaging materials amplifies the demand for PET, thereby driving the paraxylene market
• Establishment of new production facilities to meet the escalating demand for paraxylene
• Increased production capacity facilitating the surging demand for paraxylene propels the xylene market.
What Are the Primary Segmentation Categories in the Xylene Market?
The xylenemarket covered in this report is segmented –
1) By Type: Ortho-Xylene, Meta-Xylene, Para-Xylene, Mixed Xylene
2) By Application: Automotive, Textile, Chemical, Oil And Gas, Leather, Paints And Coatings, Rubber
3) By End User: Plastics And Polymers, Paints And Coatings, Adhesives, Other End Users
Explore the Complete Market Report:
What Are the Major Trends Shaping the Xylene Market in 2025 and Beyond?
The key trends in the xylene market are:
• Increasing production capacity is a trending focus among xylene manufacturers.
• Investments in plant expansions and new setups is a rising trend.
• The sector is observing a trend of companies launching new plants for specific chemical production.
• Emerging trends also involve the construction of refineries for wide-ranging chemical production.
Who Are the Emerging Players in the Xylene Market?
The key players in the xylene market are:
• Saudi Arabian Oil Co.
• China Petroleum & Chemical Corporation
• ExxonMobil Corporation
• Royal Dutch Shell plc
• TotalEnergies SE
• BP plc
• Indian Oil Corporation Ltd.
• Koch Industries Inc.
• ENEOS Corporation
• Reliance Industries Ltd.
• BASF SE
• Dow Inc.
• LG Chem Ltd.
• Honeywell International Inc.
• S-Oil Corporation
• US Petrochemical Industries Inc.
• Merck KGaA
• TORAY INDUSTRIES Inc.
• Braskem S.A.
• SK global chemical Co. Ltd.
• JX Nippon Oil and Energy Corporation
• Mitsubishi Gas Chemical Company lnc.
• Chevron Phillips Chemical Company LLC
• Formosa Plastics Corporation
• Huntsman Corporation
• Tosoh Corporation
• INEOS Mangalore Refinery & Petrochemicals Ltd.
• UOP LLC
• Samsung Total Petrochemicals Co.Ltd.
• Fujan Refining & Petrochemical Company Limited
• Westlake Chemical Corporation
• YPF S.A.
• Zhejiang Juhua Co. Ltd.
• LyondellBasell Industries Holdings B.V.
• Marathon Petroleum Corporation
• Mitsui Chemicals Inc.
• Nan Ya Plastics Corporation
• PTT Global Chemical Public Company Limited
• Saudi Basic Industries Corporation (SABIC)
Which Regions Are Leading the Growth in the Global Xylene Market?
Asia-Pacific was the largest region in the xylene market in 2024
