Ortho-Xylene Market Calculation, Qualitative Insights And Forecast By 2023Posted by Preeti Verma on October 2nd, 2018 Ortho-xylene is a commercial isomer of xylene. It consists of at least 95% ortho-xylene and five percent para-xylene and meta-xylene. Xylenes are petrochemicals formed by the coal carbonization process and catalytic reforming, which is used in the manufacture of coke fuel. They are used in medical technologies and various industries as solvents. Among other forms, xylenes occur naturally in coal and wood tar. There are three types of xylenes: ortho-xylene (o-xylene), meta-xylene (m-xylene) and para-xylene (p-xylene). Further, ortho-xylene is used in solvent-based paints. Browse Full Report Here: www.psmarketresearch.com/market-analysis/ortho-xylene-market The primary end-users of phthalic anhydrides are unsaturated polyester resins and phthalates, which show extensive growth opportunities in near future. With the increased economic and industrial development in China, resulting in the rise in the per capita income, there has been an increase in the consumption of various solvents and major end-products of ortho-xylene such as PVC pipes and other related products. Nearly 90% of ortho-xylene produced globally is used in the manufacturing of phthalic anhydride, which is commercially available as a colorless molten material with a strong smell or as white, free-flowing fragments. Phthalic anhydride is used in the production of plasticizers such as poly vinyl chloride (PVC). Ortho-xylene is frequently produced along with para-xylene during isomerization and is recovered separately. Request For Sample Report Pages: www.psmarketresearch.com/market-analysis/ortho-xylene-market/report-sample Volatility of crude oil prices is a major challenge in the global ortho-xylene market, which is affecting the profitability of ortho-xylene producers. Xylene prices are directly related to international crude oil prices. The instability of crude oil prices has a direct impact on xylene prices. The increased commercial usage of recyclable products in many developed countries has led to decrease in demand of phthalic anhydride which is another major factor hindering the growth of the ortho-xylene market. The U.S. is witnessing slow growth in the ortho-xylene industry because of the decrease in demand for PVC, herbicides and bactericides. Key competitors in the ortho-xylene market are Formosa Plastics Corporation, U.S.A., Reliance Industries Limited, ExxonMobil Corporation, China Petroleum & Chemical Corporation, Honeywell International Inc.. Other prominent competitors in this market are DTE Energy Company, Tesco, KP Chemical Corp. and others. About P&S Intelligence P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. Contact: Toll-free: +1-888-778-7886 (USA/Canada) International: +1-347-960-6455 Email: enquiry@psmarketresearch.com Like it? Share it! More by this author |