Market Size of Meta-Xylene Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 4.00 % |
Fastest Growing Market | North America |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Meta-Xylene Market Analysis
The global meta-xylene market is expected to record a CAGR ofover 4% during the forecast period. The major factor driving the market studied is the increasing demand from the construction industry and adhesives.
- The harmful and hazardous effects of meta-xylene are expected to hinder the market's growth.
- Availability of cheaper feedstock through increasing shale oil discoveries is likely to act as an opportunity for the market in the forecast period.