-Global Paraxylene Market
Summary
As the world continues to deal with COVID-19, economies are ... Read More
Summary
World trade was already slowing in 2019 before COVID 19 outbreak, weighed down by trade tensions and slowing economic growth, such as uncertainty generated from Brexit, the U.S.-China trade war, the Japan-South Korea trade war.
Trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world, according to the study of WTO.The decline in exports has been mainly due to the ongoing global slowdown, which got aggravated due to the current Covid-19 crisis. The latter resulted in large scale disruptions in supply chains and demand resulting in cancellation of orders.
XYZResearch’s analysis shows that as China started reopening its economy, world exports initially recovered across the board. But estimates of the expected recovery in 2021 are uncertain, with outcomes depending largely on the duration of the outbreak and the effectiveness of the policy responses.
This research report indicated that the global Paraxylene (PX) market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. In terms of the export, China occupied more than XX % export market share in 2019, India occupied XX %. XXX is the second largest region around the world, it occupied about XX % export market share in 2019. In terms of the Local Capacity, XXX is the largest region around the world, it occupied about XX % export market share in 2019.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Paraxylene (PX) Market by XYZResearch Include
China
EU
North America
Japan
India
Southeast Asia
South America
Middle East and Africa
Competitive Analysis; Who are the Major Players in Paraxylene (PX) Market?
Sinopec China 819 USD/MT
CNPC China 815 USD/MT
S-Oil Corp South Korea 799 USD/MT
Jurong Aromatics Corporation Singapore 795 USD/MT
Reliance Industries Ltd - (RIL) India
BP Chemicals US
Urumqi Petrochemical Co - (UPC) China
CNOOC-Kings Group China
Formosa Chemicals and Fibre Corp - (FCFC) Taiwan
Aromatics Oman LLC - (AOL)
Kuwait Paraxylene Production Co - (KPPC) Kuwait
HC Petrochem Co Ltd South Korea
Yangzi Petrochemical Co Ltd - (YPC) China
Borzouyeh Petrochemical Co - (BPC) Iran
Liaoyang Petrochemical Co - (LYPC) China
Dalian Fujia Dahua Petrochemical China
ExxonMobil Chemical Holland Netherlands
Samsung Total Petrochemicals South Korea
GS Caltex South Korea
Chevron Phillips Chemical Co US
Mitsubishi Chemical Japan
Polimeri Europa Italy
Teijin Japan
...
Major Type of Paraxylene (PX) Covered in XYZResearch report:
Bio-based Paraxylene
Petroleum-based Paraxylene
Application Segments Covered in XYZResearch Market
Polyester Resin
Polyester Fiber
Polyester Film
Others
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