Frequently Asked Questions
The global mixed xylene market was valued at USD 38.1 Million in 2022.
The mixed xylene market is predicted to expand at a CAGR of 6.80% between 2023 and 2030.
The global mixed xylene market will be valued at USD 60.38 Million in 2030.
Isomer grade is the leading segment by material, holding over 68.7% share in terms of value in 2022.
The solvents segment governs the demand for mixed xylenes in the world, holding a massive share of over 48.7% in 2022.
North America is fueling the growth of the mixed xylene industry, with an over one-third share in 2022.
The top players include Idemitsu Kosan Co. Ltd., Royal Dutch Shell, Sumitomo Chemical Company, and Chevron Phillips Chemical Company. Other major players include GS Caltex Corporation, Galp Energia, Yeochun NCC Co. Ltd., and Lotte Chemical.
The increased demand for paints and coatings can be related to the rising need for mixed xylenes.
While the mixed xylene industry is expanding, it is being hampered by severe safety regulations associated with xylene manufacturing and transportation.
The growing demand for bio-based xylene is a major opportunity in the mixed xylene industry.