Report Overview

Global Ortho Xylene Market - Industry Trends & Forecast Report 2028 

Global Ortho Xylene market is anticipated to witness a CAGR of 5.1% during the forecast period of 2022-2028. The surging interest in plasticizers, resins, and dyes has prompted the better development of the ortho-xylene market. The primary factors driving the market are the increasing demand for ortho-xylene as a PVC intermediate and extensive use of ortho-xylene in the manufacturing of paints and adhesives.

Phthalic anhydride (used in the production of ortho-xylene) is utilized in the production of plasticizers, which are primarily used in the development of vehicles and industries. The essential application of phthalic anhydrides is phthalates and unsaturated polyester resins, which show broad opportunities in the future. With the rise in per capita income, expanded monetary and modern advancement in China, utilization of different solvents and significant applications of ortho-xylene, for example, PVC pipes and other related items, is increasing. The factor mentioned above is expected to contribute to the market growth of global ortho-xylene during the forecast period.

Ortho Xylene Overview 

Ortho-xylene or O-xylene is a viable isomer of xylene. It comprises of 5% para-xylene and meta-xylene and 95% ortho-xylene. Xylenes are petrochemicals structured by the process of coal carbonization along with catalytic reactions, which are utilized in the production of coke fuel. They are employed in clinical innovations and numerous industries in the form of solvents. Xylenes occur in wood tar and coal among various structures. There are mainly three kinds of xylenes: meta-xylene (m-xylene), ortho-xylene (o-xylene), and para-xylene (p-xylene).

Moreover, ortho-xylene is utilized in paints. The extraction of ortho-xylene is done through refining from the xylene stream in a plant expected for para-xylene manufacturing. It is an isomer of meta-xylene and para-xylene. In addition, ortho-xylene is delivered with its isomer’s para-xylene and meta-xylene. Friedel-Crafts alkylation of toluene creates a combination of the most flawless type of ortho-xylene. Utilized in alkyd gums have broad applications in the coating business. Ortho-xylene has a colossal interest in petrochemical creation.

Global Ortho Xylene Market

Growth Drivers 

Surge In Demand For Phthalic Anhydride Boosts The Demand Of Global Ortho-Xylene Market

Phthalic anhydride is a significant natural substance for the manufacturing of anthraquinone. Ortho xylene is additionally utilized in the production of various dyes, also in alizarin (a red-colored dye), and its derivatives. It is utilized for the eosin, rhodamine, and fluorescein colors. Many esters are produced using phthalic anhydride and are to a great extent used as plasticizers in the plastic industry. It is likewise used to produce alkyd resins, the rezyl, and glyptal resins, the poly-vinyl and dioctyl phthalate resins. In this way, with expanding usage of phthalic anhydride, the utilization of ortho-xylene is anticipated to surge during the forecast period.

The Increasing Demand of Ortho Xylene in End-User Industry Boosts the Market

Xylenes are employed as a solvent in the rubber, printing, and leather industries. Xylene is found in common components, including rubber, adhesives, and ink. It can be used to thin paints and varnishes instead of toluene when a shorter drying time is desired, and it is thus utilized by conservators of art items for solubility testing. It's also a cleaning agent for silicon wafers, steel, and integrated circuits, among other things.

Ortho xylene can be used in dentistry to dissolve gutta-percha, a substance used in endodontics (root canal treatments). It is also a common component of paraffin solvents used in the petroleum sector when tubing becomes clogged with paraffin wax. With the rising end-user application segments in the upcoming year, the surge in demand of the global Ortho Xylene market is also anticipated.

Market Restraint

Harmful Neurological Effects Of Ortho-Xylene Hamper The Market Growth

When the substance is exposed for a shorter duration, it causes irritation in the throat, nose, eyes, and respiratory tract wherein when consumed in large amount it causes depression of the central nervous system, having symptoms for instance dizziness, nausea, headache, vomiting, conjunctivitis, rhinoconjunctivitis, rhinitis and other. Additionally, the increase in anxiety, inability to focus, forgetfulness also occurs.

Furthermore, contact with phthalic anhydride vapor leads to injury to lung cells and congestion. Also, if the concentration of ortho-xylene is more in the body, it can lead to death. These hazardous effects of phthalic anhydride use are likely to restrain the global ortho-xylene market during the forecast period.

Impact of COVID-19 On Global Ortho Xylene Market

The COVID-19 pandemic has affected the ortho-xylene market value chain considerably. The pandemic has adversely affected the US, China, and Japan, which are expected to account for significant shares of the ortho-xylene market. Various end-user industries of the ortho-xylene market, including oil & gas, aerospace & defense, chemical, and more, were adversely impacted by COVID-19. Still, they showed resilience as 2020 ended, and they began 2021 with a slight gain in growth rate.

Moreover, the running projects are getting delayed, while sanctioned projects have been put on hold. This hampers the ortho-xylene market, as ortho-xylene is widely utilized in the construction, paint, and adhesive industry.

Global Ortho Xylene Market – By Application

Based on application, ortho-xylene is segmented into lube oil additives, bactericides, soybean herbicides, phthalic anhydride, and other. The phthalic anhydride application segment dominates the market as Ortho-xylene has numerous benefits as a raw material for manufacturing phthalic anhydride. The oxidation process in ortho-xylene allows a modest feed system compared to the oxidation of naphthalene, as o-xylene is present in a liquid state. Moreover, the usage of phthalic anhydride in numerous end-user industries due to their capability to increase polymer's elongation and flexibility contributes to market growth.

Global Ortho Xylene Market – By End-User

Based on the end-user, the global ortho-xylene market bifurcated into Automotive, Building and Construction, Paints and Coatings, Aerospace and Defense, Marine, Electrical, Electronics, Agrochemical, Oil, and Gas, Chemical, and Other. The building & construction segment holds the major share of the market and is likely to grow at a high CAGR during the forecast period 2022-2028. The development in the construction industry is majorly due to the recovery post-COVID-19 impact and rearrangement of operations, which were restricted owing to the containment measures such as remote working, social distancing, lockdown, shutting of commercial activities, and more that caused operational challenges. The significant growth in the construction industry in developing regions of Asia Pacific nation is likely to boost the market growth in the forecast period.

Global Ortho Xylene Market – Regional Insights

On the basis of regions, the global ortho-xylene market has been segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The Asia Pacific region held a major market share in 2021. China is the biggest economy in terms of GDP in the Asia-Pacific region. A significant share of ortho-xylene is utilized in the production of phthalic anhydride that is used in the development of phthalate-based PVC plasticizers. China is the single biggest market for plasticizers, with over 40% of worldwide usage. A portion of the producers of PVC in the nation is Hanwha Chemical, Xinjiang Zhongtai Chemical Co. Ltd, Lubrizol, Shin-Etsu Chemical Co. Limited, Formosa Plastics, and more.

Competitive Landscape 

The global ortho-xylene market is consolidated with a few major players. The key players operating in the global ortho-xylene market are Reliance Industries Limited, Formosa Chemicals & Fibre Corp, Nouri Petrochemical Company, Exxon Mobil Corporation, Royal Dutch Shell PLC, China Petroleum & Chemical Corporation, MP Biomedicals, Tokyo Chemical Industry, Sunoco Chemicals, BASF SE, Puritan Products, Minda Petrochemicals Limited, KP Chemical Corp., Dynachem Inc, Creasyn Finechem (Tianjin), Sigma-Aldrich, Nutan Chemicals, LOTTE CHEMICAL and more.

The players maintain their dominance in the market by investing and launching improved products for the customers. Different strategies are adopted, like engaging in strategic alliances and collaborations. Also, technological launches, research and development, acquisition, and others are the strategies adopted by the players.

Recent Development

• In Oct 2021- Royal Dutch Shell PLC and Pryme announced a strategic plastic waste to chemicals cooperation agreement: Pryme BV and Shell Chemicals Europe BV declared an offtake agreement and strategic cooperation for pyrolysis oil produced from recycled plastic waste. Pryme will supply Shell from its first plant located in Rotterdam, The Netherlands. Currently, under construction, the plant is scheduled to become operational in 2022 and is forecast to convert 60,000 tonnes of plastic left-over into pyrolysis oil annually. Shell will use Pryme’s pyrolysis oil in its Moerdijk (The Netherlands) and Rheinland (Germany) crackers to make circular chemicals products.

• In December 2021, the reliance industry formed a joint venture with an Abu Dhabi chemical company worth USD 2,000 million. Reliance industry and TA'ZIZ will launch 'TA'ZIZ EDC & PVC,' a chemical production partnership at the TA'ZIZ Industrial Chemicals Zone in Ruwais. In this venture, the operation and construction of poly-vinyl chloride (PVC), Chlor-alkali, and ethylene dichloride (EDC) will take place.

Scope of Report

By Application

• Bactericides
• Soybean Herbicides
• Phthalic Anhydride
• Lube Oil Additives
• Other

By End-User

• Automotive
• Building and Construction
• Paints and Coatings
• Aerospace and Defense
• Marine
• Electrical
• Electronics
• Other (Agrochemical, oil and gas, etc.)

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East and Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. Global Ortho Xylene Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Recent Development/Technological Landscape
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Global Ortho Xylene Market Overview
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Metric Ton)
   2. Market Share & Forecast
      1. By Application
         1. Bactericides
         2. Soybean Herbicides
         3. Phthalic Anhydride
         4. Lube Oil Additives
         5. Other
      2. By End-User
         1. Automotive
         2. Building and Construction
         3. Paints and Coatings
         4. Aerospace and Defense
         5. Marine
         6. Electrical
         7. Electronics
         8. Others (Agrochemical, oil and gas, etc.)
      3.  By Region
         1. North America
         2. Europe
         3. The Asia Pacific
         4. Latin America
         5. The Middle East and Africa
6. North America Ortho Xylene Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Metric Ton)
   2. Market Share & Forecast
      1. By Application
      2. By End-User
      3. By Country
         1. United States
         2. Canada
7. Europe Ortho Xylene Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Metric Ton)
   2. Market Share & Forecast
      1. By Application
      2. By End-User
      3. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Rest of Europe
8. Asia Pacific Ortho Xylene Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Metric Ton)
   2. Market Share & Forecast
      1. By Application
      2. By End-User
      3. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of Asia Pacific
9. Latin America Ortho Xylene Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Metric Ton)
   2. Market Share & Forecast
      1. By Application
      2. By End-User
      3. By Country
         1. Brazil
         2. Mexico
         3. Rest of Latin America
10. Middle East & Africa Ortho Xylene Market
    1. Market Size & Forecast by Value, 2018-2028
       1. By Value (USD Million)
       2. By Volume (Metric Ton)
    2. Market Share & Forecast
       1. By Application
       2. By End-User
       3.        By Country
          1. Saudi Arabia
          2. UAE
          3. South Africa
          4. Rest of Middle East & Africa
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
12. Impact of COVID-19 on Global Ortho Xylene Market Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Reliance Industries Limited
    2. Formosa Chemicals & Fibre Corp
    3. Exxon Mobil Corporation
    4. Royal Dutch Shell PLC
    5. China Petroleum & Chemical Corporation
    6. MP Biomedicals
    7. Tokyo Chemical Industry
    8. Creasyn Finechem Co., Ltd.
    9. Doe & Ingalls Inc.
    10. DynaChem Inc.
    11. Minda Petrochemicals Limited
    12. Sunoco Chemicals Inc.
    13. Puritan Products, Inc
    14. KP Chemical Corp.
    15. Nouri Petrochemical Company
    16. Lotte Chemical
    17. Nutan Chemicals
    18. Sigma-Aldrich
    19. Other Prominent Players
14. Key Strategic Recommendations

List of Figures

Figure 1        Global Ortho Xylene Segmentation

Figure 2        Global Ortho Xylene Market Value Chain Analysis

Figure 3        Company Market Share Analysis, 2021

Figure 4        Global Ortho Xylene Market Size, By Value (USD Million), 2018-2028

Figure 5        Global Ortho Xylene Market Size, By Volume (Metric Ton), 2018-2028

Figure 6        Global Ortho Xylene Market Share, By Application, By Value, 2018-2028

Figure 7        Global Ortho Xylene Market Share, By Application, By Volume, 2018-2028

Figure 8        Global Ortho Xylene Market Share, By End-User, By Value, 2018-2028

Figure 9        Global Ortho Xylene Market Share, By End-User, By Volume, 2018-2028

Figure 10       Global Ortho Xylene Market Share, By Region, By Value, 2018-2028

Figure 11       Global Ortho Xylene Market Share, By Region, By Volume, 2018-2028

Figure 12       North America Ortho Xylene Market Size, By Value (USD Million), 2018-2028

Figure 13       North America Ortho Xylene Market Size, By Volume (Metric Ton), 2018-2028

Figure 14       North America Ortho Xylene Market Share, By Application, By Value, 2018-2028

Figure 15       North America Ortho Xylene Market Share, By Application, By Volume, 2018-2028

Figure 16       North America Ortho Xylene Market Share, By End-User, By Value, 2018-2028

Figure 17       North America Ortho Xylene Market Share, By End-User, By Volume, 2018-2028

Figure 18       North America Ortho Xylene Market Share, By Country, By Value, 2018-2028

Figure 19       North America Ortho Xylene Market Share, By Country, By Volume, 2018-2028

Figure 20       Europe Ortho Xylene Market Size, By Value (USD Million), 2018-2028

Figure 21       Europe Ortho Xylene Market Size, By Volume (Metric Ton), 2018-2028

Figure 22       Europe Ortho Xylene Market Share, By Application, By Value, 2018-2028

Figure 23       Europe Ortho Xylene Market Share, By Application, By Volume, 2018-2028

Figure 24       Europe Ortho Xylene Market Share, By End-User, By Value, 2018-2028

Figure 25       Europe Ortho Xylene Market Share, By End-User, By Volume, 2018-2028

Figure 26       Europe Ortho Xylene Market Share, By Country, By Value, 2018-2028

Figure 27       Europe Ortho Xylene Market Share, By Country, By Volume, 2018-2028

Figure 28       The Asia-Pacific Ortho Xylene Market Size, By Value (USD Million), 2018-2028

Figure 29       The Asia-Pacific Ortho Xylene Market Size, By Volume (Metric Ton), 2018-2028

Figure 30       The Asia-Pacific Ortho Xylene Market Share, By Application, By Value, 2018-2028

Figure 31       The Asia-Pacific Ortho Xylene Market Share, By Application, By Volume, 2018-2028

Figure 32       The Asia-Pacific Ortho Xylene Market Share, By End-User, By Value, 2018-2028

Figure 33       The Asia-Pacific Ortho Xylene Market Share, By End-User, By Volume, 2018-2028

Figure 34       The Asia-Pacific Ortho Xylene Market Share, By Country, By Value, 2018-2028

Figure 35       The Asia-Pacific Ortho Xylene Market Share, By Country, By Volume, 2018-2028

Figure 36       Latin America Ortho Xylene Market Size, By Value (USD Million), 2018-2028

Figure 37       Latin America Ortho Xylene Market Size, By Volume (Metric Ton), 2018-2028

Figure 38       Latin America Ortho Xylene Market Share, By Application, By Value, 2018-2028

Figure 39       Latin America Ortho Xylene Market Share, By Application, By Volume, 2018-2028

Figure 40       Latin America Ortho Xylene Market Share, By End-User, By Value, 2018-2028

Figure 41       Latin America Ortho Xylene Market Share, By End-User, By Volume, 2018-2028

Figure 42       Latin America Ortho Xylene Market Share, By Country, By Value, 2018-2028

Figure 43       Latin America Ortho Xylene Market Share, By Country, By Volume, 2018-2028

Figure 44       The Middle East & Africa Ortho Xylene Market Size, By Value (USD Million), 2018-2028

Figure 45       The Middle East & Africa Ortho Xylene Market Size, By Volume (Metric Ton), 2018-2028

Figure 46       The Middle East & Africa Ortho Xylene Market Share, By Application, By Value, 2018-2028

Figure 47       The Middle East & Africa Ortho Xylene Market Share, By Application, By Volume, 2018-2028

Figure 48       The Middle East & Africa Ortho Xylene Market Share, By End-User, By Value, 2018-2028

Figure 49       The Middle East & Africa Ortho Xylene Market Share, By End-User, By Volume, 2018-2028

Figure 50       The Middle East & Africa Ortho Xylene Market Share, By Country, By Value, 2018-2028

Figure 51       The Middle East & Africa Ortho Xylene Market Share, By Country, By Volume, 2018-2028

List of Tables

Table 1         Global Ortho Xylene Market Size, By Application, By Value, 2018-2028

Table 2         Global Ortho Xylene Market Size, By Application, By Volume, 2018-2028

Table 3         Global Ortho Xylene Market Size, By End-User, By Value, 2018-2028

Table 4         Global Ortho Xylene Market Size, By End-User, By Volume, 2018-2028

Table 5         Global Ortho Xylene Market Size, By Region, By Value, 2018-2028

Table 6         Global Ortho Xylene Market Size, By Region, By Volume, 2018-2028

Table 7         North America Ortho Xylene Market Size, By Application, By Value, 2018-2028

Table 8         North America Ortho Xylene Market Size, By Application, By Volume, 2018-2028

Table 9         North America Ortho Xylene Market Size, By End-User, By Value, 2018-2028

Table 10        North America Ortho Xylene Market Size, By End-User, By Volume, 2018-2028

Table 11        North America Ortho Xylene Market Size, By Country, By Value, 2018-2028

Table 12        North America Ortho Xylene Market Size, By Country, By Volume, 2018-2028

Table 13        Europe Ortho Xylene Market Size, By Application, By Value, 2018-2028

Table 14        Europe Ortho Xylene Market Size, By Application, By Volume, 2018-2028

Table 15        Europe Ortho Xylene Market Size, By End-User, By Value, 2018-2028

Table 16        Europe Ortho Xylene Market Size, By End-User, By Volume, 2018-2028

Table 17        Europe Ortho Xylene Market Size, By Country, By Value, 2018-2028

Table 18        Europe Ortho Xylene Market Size, By Country, By Volume, 2018-2028

Table 19        The Asia-Pacific Ortho Xylene Market Size, By Application, By Value, 2018-2028

Table 20        The Asia-Pacific Ortho Xylene Market Size, By Application, By Volume, 2018-2028

Table 21        The Asia-Pacific Ortho Xylene Market Size, By End-User, By Value, 2018-2028

Table 22        The Asia-Pacific Ortho Xylene Market Size, By End-User, By Volume, 2018-2028

Table 23        The Asia-Pacific Ortho Xylene Market Size, By Country, By Value, 2018-2028

Table 24        The Asia-Pacific Ortho Xylene Market Size, By Country, By Volume, 2018-2028

Table 25        Latin America Ortho Xylene Market Size, By Application, By Value, 2018-2028

Table 26        Latin America Ortho Xylene Market Size, By Application, By Volume, 2018-2028

Table 27        Latin America Ortho Xylene Market Size, By End-User, By Value, 2018-2028

Table 28        Latin America Ortho Xylene Market Size, By End-User, By Volume, 2018-2028

Table 29        Latin America Ortho Xylene Market Size, By Country, By Value, 2018-2028

Table 30        Latin America Ortho Xylene Market Size, By Country, By Volume, 2018-2028

Table 31        The Middle East & Africa Ortho Xylene Market Size, By Application, By Value, 2018-2028

Table 32        The Middle East & Africa Ortho Xylene Market Size, By Application, By Volume, 2018-2028

Table 33        The Middle East & Africa Ortho Xylene Market Size, By End-User, By Value, 2018-2028

Table 34        The Middle East & Africa Ortho Xylene Market Size, By End-User, By Volume, 2018-2028

Table 35        The Middle East & Africa Ortho Xylene Market Size, By Country, By Value, 2018-2028

Table 36        The Middle East & Africa Ortho Xylene Market Size, By Country, By Volume, 2018-2028

Table 37        Reliance Industries Limited Company Overview

Table 38        Reliance Industries Limited Financial Overview

Table 39        Formosa Chemicals & Fibre Corp Company Overview

Table 40        Formosa Chemicals & Fibre Corp Financial Overview

Table 41        Exxon Mobil Corporation Company Overview

Table 42        Exxon Mobil Corporation Financial Overview

Table 43        Royal Dutch Shell PLC Company Overview

Table 44        Royal Dutch Shell PLC Financial Overview

Table 45        China Petroleum & Chemical Corporation Company Overview

Table 46        China Petroleum & Chemical Corporation Financial Overview

Table 47        MP Biomedicals Company Overview

Table 48        MP Biomedicals Financial Overview

Table 49        Tokyo Chemical Industry Company Overview

Table 50        Tokyo Chemical Industry Financial Overview

Table 51        Creasyn Finechem Co., Ltd. Company Overview

Table 52        Creasyn Finechem Co., Ltd. Financial Overview

Table 53        Doe & Ingalls Inc. Company Overview

Table 54        Doe & Ingalls Inc. Financial Overview

Table 55        DynaChem Inc. Company Overview

Table 56        DynaChem Inc. Financial Overview

Table 57        Minda Petrochemicals Limited Company Overview

Table 58        Minda Petrochemicals Limited Financial Overview

Table 59        Sunoco Chemicals Inc. Company Overview

Table 60        Sunoco Chemicals Inc. Financial Overview

Table 61        Puritan Products, Inc Company Overview

Table 62        Puritan Products, Inc Financial Overview

Table 63        KP Chemical Corp. Company Overview

Table 64        KP Chemical Corp. Financial Overview

Table 65        Nouri Petrochemical Company Overview

Table 66        Nouri Petrochemical Company Financial Overview

Table 67        Lotte Chemical Company Overview

Table 68        Lotte Chemical Company Financial Overview

Table 69        Nutan Chemicals Financial Overview

Table 70        Nutan Chemicals Company Overview

Table 71        Sigma-Aldrich Company Financial Overview

Table 72        Sigma-Aldrich Company Overview