The xylene market segment analysis based on additives shows a significant presence of solvents and monomers. Solvents are widely used in various industries such as paints and coatings, adhesives, and printing inks. The demand for solvents in the xylene market is driven by their versatile applications and compatibility with different substances. On the other hand, monomers play a crucial role in the production of polymers and resins. The increasing use of monomers in the manufacturing sector is expected to drive the growth of the xylene market in the coming years.
Type (Ortho-Xylene, Meta-Xylene, Mixed Xylene):
The type segment analysis of the xylene market highlights the presence of ortho-xylene, meta-xylene, and mixed xylene. Ortho-xylene is widely used as a solvent in the production of phthalic anhydride, which is further used in the manufacturing of plasticizers. Meta-xylene, on the other hand, is primarily used in the production of isophthalic acid, which is used in the manufacturing of resins and coatings. Mixed xylene, which consists of a combination of all three isomers, is used in various applications such as gasoline blending and solvent extraction processes. The demand for mixed xylene is expected to witness significant growth due to its versatile applications in different industries.