Published On : August, 2015
Paraxylene is manufactured by crystallization and adsorption processes. Paraxylene is primarily used as a basic raw material in the manufacture of terephthalic acid (TPA), purified terephthalic acid (PTA) and dimethyl-terephthalate (DMT). TPA, PTA and DMT are used to manufacture polyethylene terephthalate (PET) saturated polyester polymers. Polyesters are used to produce fibers and films.
This Report mainly analyzes current market status of Global PX Industry, problem areas, supply and demand, business performance of major domestic enterprises, and provide decision makers with valuable inputs.
PX, which serves as significant basic chemical, finds extensive application, such as Chemical fiber (Manmade Fiber), synthetic resin, pesticide, medicine and plastic etc. Currently PX is mainly used for production of Purified Terephthalic Acid (PTA), Polyester, as well as used as a raw material for solvent, medicine and printing ink.
Some of the key companies in the Paraxylene include: BASF, BP plc, Reliance Industries Ltd. - (RIL), Exxon Mobil, JX Nippon Oil & Energy Corporation, CNCP, MITSUBISHI GAS CHEMICAL CO. IN and Saudi Aramco.