Summary
At the time of this report, many government announced a plan on reopening the national economy, but many countries are still at the stage of rising. It should be noted that the impact of the epidemic has accelerated the trend of localization, regionalization and decentralization of the global industrial chain and supply chain, so it is inevitable to reconstruct the global industrial chain. Faced with the global industrial change in the post epidemic era, enterprises in various countries must take precautions.
Chemical and petrochemical-related industries have been noticing the adverse effects of the COVID-19 outbreak. They are in the midst of a two-pronged crisis, besides the impact of COVID-19, another is the oil price war. Oil prices are dropping due to failed agreements on production cuts between OPEC and Russia in April and the need for chemicals and refined products is slowing from industrial slow-downs and travel restrictions in the wake of this global pandemic.
The chemical industry plays an important role in the production of countless products such as plastic, fertilizers, medicines, packaging products, etc., with the spread of coronavirus, many production facilities of several downstream industries have been halted. However, a rise in the demand for packaging materials has been increased to prevent the contamination of food, medicine, personal care, and medical products thereby creating a significant demand for chemicals involved in the packaging industry.
In such an environment, XYZ-research published a comprehensive analysis of key market trends in global Paraxylene (PX) market. It includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks.
According to XYZResearch analysis, Paraxylene (PX) market will reach xx Million USD by the end of 2020, with a CAGR of xx % during the forecast period of 2021-2027, The XX segment in Paraxylene (PX) market is estimated to reach a market value of xx Million USD by 2020 from an initial market value of xx Million USD in 2020. China market value in 2020 is about xx Million USD, and Paraxylene (PX) production is xx. US market value in 2020 is about xx Million USD, and Paraxylene (PX) production is xx. Europe market value in 2020 is about xx Million USD, and Paraxylene (PX) production is XX.
Regional Segmentation (Value; Revenue, USD Million, 2016 - 2027) of Paraxylene (PX) Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
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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Summary:
Get latest Market Research Reports on Paraxylene (PX). Industry analysis & Market Report on Paraxylene (PX) is a syndicated market report, published as (Post-pandemic Era)-Global Paraxylene (PX) Market Analysis 2021, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate. It is complete Research Study and Industry Analysis of Paraxylene (PX) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.