The North America Xylene Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 4,849.2 Kilo Tonnes, showcasing a growth of 5.4% (2019-2022).
Xylene, a vital chemical compound, is a versatile raw material for numerous industries, playing a crucial role in various applications worldwide. As a complex and multifaceted compound, xylene's importance is deeply rooted in sectors ranging from chemicals to petrochemicals, healthcare to construction, and beyond. The compound's adoption is a testament to its significance in the modern industrial landscape. Xylene is part of the broader family of aromatic hydrocarbons, consisting of three isomeric forms: ortho-xylene, meta-xylene, and para-xylene. These isomers play a critical role in various industries due to their distinct chemical properties and applications.
The petrochemical industry is a key consumer of xylene primarily because it produces terephthalic acid, a precursor for polyester fibers and resins. In this context, para-xylene is especially essential as a feedstock for manufacturing polyethylene terephthalate (PET), commonly used in the packaging industry for bottles, containers, and synthetic fibers. Xylene serves as a fundamental building block for synthesizing various chemicals and intermediates. It is used to produce solvents, resins, adhesives, and paints. Its exceptional solvency properties make it indispensable in the chemical industry, enabling the formulation of high-performance coatings and adhesives.
Canada's urban centers are experiencing significant growth in residential and commercial real estate development. Cities like Toronto and Vancouver have seen numerous high-rise condominium and office tower construction projects to accommodate population growth and business expansion. According to data from Statistics Canada, investment in non-residential construction was up slightly, increasing 0.5% to $5.9 billion in July 2023. Investment in the industrial component increased 0.6% to $1.2 billion, while commercial investment edged up 0.3% to $3.3 billion. Institutional construction investment rose by 1.2% to $1.5 billion. The growing chemical and construction sectors in North America will help drive the expansion of the market in the region.
The US market dominated the North America Xylene Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,969.1 Million by 2030. The Canada market is exhibiting a CAGR of 10.2% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 9.3% during (2023 - 2030).
Based on Additives, the market is segmented into Solvents, Monomers, and Others. Based on Type, the market is segmented into Mixed Xylene, Ortho-Xylene, Meta-Xylene, and Para-Xylene. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Xylene Market is Predict to reach $52.3 Billion by 2030, at a CAGR of 8.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Reliance Industries Limited, INEOS Group Holdings S.A., Mitsubishi Chemical Holdings Corporation, Sinochem Holdings Corporation Ltd (SASAC), Eastman Chemical Company, Honeywell International, Inc., Saudi Arabian Oil Company, Shell plc, Exxon Mobil Corporation, and Chevron Phillips Chemical Company LLC.
Scope of the Study
Market Segments Covered in the Report:
By Additives (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Type (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Mixed Xylene
- Ortho-Xylene
- Meta-Xylene
- Para-Xylene
By Country (Volume, Kilo Tonnes, USD Million, 2019-30)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Reliance Industries Limited
- INEOS Group Holdings S.A.
- Mitsubishi Chemical Holdings Corporation
- Sinochem Holdings Corporation Ltd (SASAC)
- Eastman Chemical Company
- Honeywell International, Inc.
- Saudi Arabian Oil Company
- Shell plc
- Exxon Mobil Corporation
- Chevron Phillips Chemical Company LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Xylene Market, by Additives
1.4.2 North America Xylene Market, by Type
1.4.3 North America Xylene Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. Strategies Deployed in Xylene Market
Chapter 5. North America Xylene Market, by Additives
5.1 North America Solvents Market, by Country
5.2 North America Monomers Market, by Country
5.3 North America Others Market, by Country
Chapter 6. North America Xylene Market, by Type
6.1 North America Mixed Xylene Market, by Country
6.2 North America Ortho-Xylene Market, by Country
6.3 North America Meta-Xylene Market, by Country
6.4 North America Para-Xylene Market, by Country
Chapter 7. North America Xylene Market, by Country
7.1 US Xylene Market
7.1.1 US Xylene Market, by Additives
7.1.2 US Xylene Market, by Type
7.2 Canada Xylene Market
7.2.1 Canada Xylene Market, by Additives
7.2.2 Canada Xylene Market, by Type
7.3 Mexico Xylene Market
7.3.1 Mexico Xylene Market, by Additives
7.3.2 Mexico Xylene Market, by Type
7.4 Rest of North America Xylene Market
7.4.1 Rest of North America Xylene Market, by Additives
7.4.2 Rest of North America Xylene Market, by Type
Chapter 8. Company Profiles
8.1 Reliance Industries Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 INEOS Group Holdings S.A.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Acquisition and Mergers:
8.2.4.2 Partnerships, Collaborations & Agreements:
8.2.5 SWOT Analysis
8.3 Mitsubishi Chemical Holdings Corporation
8.3.1 Company Overview
8.3.2 Recent strategies and developments:
8.3.2.1 Partnerships, Collaborations, and Agreements:
8.3.2.2 Expansions:
8.3.3 SWOT Analysis
8.4 Sinochem Holdings Corporation Ltd. (SASAC)
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Eastman Chemical Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Honeywell International, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 Saudi Arabian Oil Company
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Shell plc
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Exxon Mobil Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Geographical Expansion:
8.9.6 SWOT Analysis
8.10. Chevron Phillips Chemical Company LLC
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 SWOT Analysis
TABLE 1 North America Xylene Market, 2019 - 2022, USD Million
TABLE 2 North America Xylene Market, 2023 - 2030, USD Million
TABLE 3 North America Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 6 North America Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 7 North America Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Solvents Market, by Country, 2019 - 2022, USD Million
TABLE 10 North America Solvents Market, by Country, 2023 - 2030, USD Million
TABLE 11 North America Solvents Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Solvents Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Monomers Market, by Country, 2019 - 2022, USD Million
TABLE 14 North America Monomers Market, by Country, 2023 - 2030, USD Million
TABLE 15 North America Monomers Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Monomers Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 18 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 19 North America Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 22 North America Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 23 North America Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Mixed Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 26 North America Mixed Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 27 North America Mixed Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Mixed Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Ortho-Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 30 North America Ortho-Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 31 North America Ortho-Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Ortho-Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Meta-Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 34 North America Meta-Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 35 North America Meta-Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Meta-Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Para-Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 38 North America Para-Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 39 North America Para-Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Para-Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Xylene Market, by Country, 2019 - 2022, USD Million
TABLE 42 North America Xylene Market, by Country, 2023 - 2030, USD Million
TABLE 43 North America Xylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Xylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 US Xylene Market, 2019 - 2022, USD Million
TABLE 46 US Xylene Market, 2023 - 2030, USD Million
TABLE 47 US Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 48 US Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 49 US Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 50 US Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 51 US Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 52 US Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 53 US Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 54 US Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 55 US Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 56 US Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 57 Canada Xylene Market, 2019 - 2022, USD Million
TABLE 58 Canada Xylene Market, 2023 - 2030, USD Million
TABLE 59 Canada Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 60 Canada Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 61 Canada Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 62 Canada Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 63 Canada Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 64 Canada Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 65 Canada Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 66 Canada Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 67 Canada Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 68 Canada Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 69 Mexico Xylene Market, 2019 - 2022, USD Million
TABLE 70 Mexico Xylene Market, 2023 - 2030, USD Million
TABLE 71 Mexico Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Mexico Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Mexico Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 74 Mexico Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 75 Mexico Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 76 Mexico Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 77 Mexico Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 78 Mexico Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 79 Mexico Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 80 Mexico Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of North America Xylene Market, 2019 - 2022, USD Million
TABLE 82 Rest of North America Xylene Market, 2023 - 2030, USD Million
TABLE 83 Rest of North America Xylene Market, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of North America Xylene Market, 2023 - 2030, Kilo Tonnes
TABLE 85 Rest of North America Xylene Market, by Additives, 2019 - 2022, USD Million
TABLE 86 Rest of North America Xylene Market, by Additives, 2023 - 2030, USD Million
TABLE 87 Rest of North America Xylene Market, by Additives, 2019 - 2022, Kilo Tonnes
TABLE 88 Rest of North America Xylene Market, by Additives, 2023 - 2030, Kilo Tonnes
TABLE 89 Rest of North America Xylene Market, by Type, 2019 - 2022, USD Million
TABLE 90 Rest of North America Xylene Market, by Type, 2023 - 2030, USD Million
TABLE 91 Rest of North America Xylene Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of North America Xylene Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 93 Key Information – Reliance Industries Limited
TABLE 94 Key Information – INEOS Group Holdings S.A.
TABLE 95 Key Information – MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 96 Key Information – Sinochem Holdings Corporation Ltd.
TABLE 97 Key Information – Eastman Chemical Company
TABLE 98 Key Information – Honeywell International, Inc.
TABLE 99 Key Information – Saudi Arabian Oil Company
TABLE 100 Key Information – Shell plc
TABLE 101 Key Information – Exxon Mobil Corporation
TABLE 102 Key Information – Chevron Phillips Chemical Company LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Xylene Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting xylene market
FIG 4 Porter’s Five Force Analysis: Xylene Market
FIG 5 North America Xylene Market share, by Additives, 2022
FIG 6 North America Xylene Market share, by Additives, 2030
FIG 7 North America Xylene Market, by Additives, 2019 - 2030, USD Million
FIG 8 North America Xylene Market share, by Type, 2022
FIG 9 North America Xylene Market share, by Type, 2030
FIG 10 North America Xylene Market, by Type, 2019 - 2030, USD Million
FIG 11 North America Xylene Market share, by Country, 2022
FIG 12 North America Xylene Market share, by Country, 2030
FIG 13 North America Xylene Market, by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Reliance Industries Limited
FIG 15 Recent strategies and developments: INEOS GROUP HOLDINGS S.A.
FIG 16 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 17 Recent strategies and developments: MITSUBISHI CHEMICAL HOLDINGS CORPORATION
FIG 18 SWOT Analysis: Mitsubishi Chemical Holdings Corporation
FIG 19 SWOT Analysis: Sinochem Holdings Corporation Ltd.
FIG 20 SWOT Analysis: Eastman Chemical Company
FIG 21 SWOT Analysis: Honeywell international, inc.
FIG 22 SWOT Analysis: SAUDI ARABIAN OIL COMPANY
FIG 23 SWOT Analysis: Shell plc
FIG 24 SWOT Analysis: Exxon Mobil Corporation
FIG 25 SWOT Analysis: Chevron Phillips Chemical Company LLC