Market Size of Ortho-Xylene Industry
Study Period | 2019 - 2029 |
Market Volume (2024) | 9.85 Million tons |
Market Volume (2029) | 11.90 Million tons |
CAGR (2024 - 2029) | 3.86 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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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.