The global market for orthoxylene is expected to achieve remarkable growth, reaching 5.9 billion USD by 2031 with an average annual growth rate of 6.91%.
The global market for ortho-xylene is witnessing robust growth, driven by industrial applications that continue to propel the demand for this essential chemical compound. The market revenue in 2022 was $3.24 billion, and significant expansion in the ortho-xylene sector is anticipated, with projections reaching $5.9 billion by 2031. This growth trajectory is supported by a substantial compound annual growth rate (CAGR) of 6.91% during the forecast period from 2023 to 2031. As a key aromatic hydrocarbon, ortho-xylene plays an important role in various industrial processes, including the production of phthalic anhydride, which is widely used in the manufacture of plasticizers and resins. Additionally, ortho-xylene also serves as a synthetic raw material for other chemicals and materials. For application methods, please check the [PDF download] button or apply directly through the related links.
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Major Companies: ExxonMobil Corporation China Petroleum & Chemical Corporation Chevron Corporation BASF SE BP p.l.c. SABIC Mitsubishi Chemical Corporation Overview of Segmentation The global ortho-xylene market is classified based on applications and regions. By Application Phthalic Anhydride Dimethyl Terephthalate Terephthalic Acid Others
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