Ortho-Xylene Market Size (2024 - 2029)

The Ortho-Xylene market is projected to experience growth over the forecast period, driven by its increasing demand as an intermediate in PVC production and its extensive use in paints and adhesives. However, the market's expansion may be challenged by the detrimental neurological effects associated with ortho-xylene and the preference for naphthalene in phthalic anhydride production. The Asia-Pacific region, particularly countries like China and India, holds a significant share of the market.

Home Market Analysis Chemicals & Materials Research Commodity Chemicals Research Aromatics and Intermediates Research Aromatics Research Hydrocarbon Research Xylene Research Ortho-Xylene Research O-Xylene Industry Market Size

Market Size of Ortho-Xylene Industry

Ortho Xylene Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR (2024 - 2029) 3.86 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Ortho Xylene Market Key Players

*Disclaimer: Major Players sorted in no particular order

Ortho-Xylene Market Analysis

The Ortho-Xylene Market size is estimated at 9.85 Million tons in 2024, and is expected to reach 11.90 Million tons by 2029, growing at a CAGR of 3.86% during the forecast period (2024-2029).

The major factors driving the market studied are the increasing demand for ortho-xylene as an intermediate for PVC production, and extensive usage of ortho-xylene in the production of paints and adhesive.

  • Detrimental neurological effects of ortho-xylene and usage of naphthalene for the production of phthalic anhydride (PA) areexpected to hinder the growth of the market studied.
  • Asia-Pacific dominated the global market, with the largest consumption recorded from the countries, such as China and India.

Ortho-Xylene Industry Segmentation

The scope of the ortho-xylene market report includes:

Application
Phthalic Anhydride
Bactericides
Soybean Herbicides
Lube Oil Additives
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Need A Different Region Or Segment?
Customize Now

Ortho-Xylene Market Size Summary

The ortho-xylene market is poised for steady growth over the forecast period, driven primarily by its increasing demand as an intermediate in PVC production and its extensive use in the manufacturing of paints and adhesives. Despite the potential hindrances posed by the neurological effects of ortho-xylene and the preference for naphthalene in phthalic anhydride production, the market is expected to expand. The Asia-Pacific region, particularly China and India, dominates the global market, with China being a significant consumer due to its large-scale production of phthalate-based PVC plasticizers. The region's robust industrial activities and the growing automotive sector, which favors PVC for its lightweight and cost-effective properties, further bolster the demand for ortho-xylene.

The market's growth is also supported by the advantages of using ortho-xylene in the production of phthalic anhydride, which is a crucial raw material for various industrial applications, including dyes and plasticizers. The oxidation process of ortho-xylene offers several benefits over naphthalene, such as a simpler feed system and higher purity and yield. This makes ortho-xylene an attractive alternative raw material, especially with the rising demand for phthalic anhydride. The fragmented nature of the ortho-xylene market sees major players like Royal Dutch Shell, Reliance Industries, and China Petroleum & Chemical Corporation competing for market share, ensuring a dynamic and competitive landscape.

Explore More

Ortho-Xylene Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand as an Intermediate for PVC Production

      2. 1.1.2 Extensive Usage of Ortho-xylene in Paints and Adhesive Industries

    2. 1.2 Restraints

      1. 1.2.1 Detrimental Neurological Effects of Ortho-xylene

      2. 1.2.2 Usage of Naphthalene for the Production of Phthalic Anhydride (PA)

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Application

      1. 2.1.1 Phthalic Anhydride

      2. 2.1.2 Bactericides

      3. 2.1.3 Soybean Herbicides

      4. 2.1.4 Lube Oil Additives

      5. 2.1.5 Other Applications

    2. 2.2 Geography

      1. 2.2.1 Asia-Pacific

        1. 2.2.1.1 China

        2. 2.2.1.2 India

        3. 2.2.1.3 Japan

        4. 2.2.1.4 South Korea

        5. 2.2.1.5 Rest of Asia-Pacific

      2. 2.2.2 North America

        1. 2.2.2.1 United States

        2. 2.2.2.2 Canada

        3. 2.2.2.3 Mexico

      3. 2.2.3 Europe

        1. 2.2.3.1 Germany

        2. 2.2.3.2 United Kingdom

        3. 2.2.3.3 Italy

        4. 2.2.3.4 France

        5. 2.2.3.5 Rest of Europe

      4. 2.2.4 South America

        1. 2.2.4.1 Brazil

        2. 2.2.4.2 Argentina

        3. 2.2.4.3 Rest of South America

      5. 2.2.5 Middle East & Africa

        1. 2.2.5.1 Saudi Arabia

        2. 2.2.5.2 South Africa

        3. 2.2.5.3 Rest of Middle East & Africa

Ortho-Xylene Market Size FAQs

The Ortho-Xylene Market size is expected to reach 9.85 million tons in 2024 and grow at a CAGR of 3.86% to reach 11.90 million tons by 2029.

In 2024, the Ortho-Xylene Market size is expected to reach 9.85 million tons.

Ortho-Xylene Market Report Snapshots

Ortho-Xylene Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)