Global Ortho-Xylene Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Phthalic Anhydride, Bactericides, Soybean Herbicides, Lube Oil Additives, and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn283997842 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Ortho-Xylene Market (USD Million), 2021 - 2031

In the year 2024, the Global Ortho-Xylene Market was valued at USD 4,513.36 million. The size of this market is expected to increase to USD 6,266.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global ortho-xylene market is a pivotal segment within the broader chemical industry, primarily driven by its extensive applications in the production of phthalic anhydride, which is a key precursor for the manufacture of plasticizers. Ortho-xylene, a colorless, flammable liquid with a distinctive aromatic odor, is derived from crude oil and serves as a crucial intermediate chemical. Its demand is closely tied to the growth of end-user industries such as construction, automotive, and electronics, where plasticizers find wide utility in enhancing the flexibility and durability of materials.

The global ortho-xylene market has witnessed steady growth owing to increasing industrialization and urbanization across emerging economies. Countries in Asia-Pacific, particularly China and India, have emerged as significant consumers and producers of ortho-xylene, driven by their expanding manufacturing sectors and infrastructural development projects. Moreover, North America and Europe continue to play crucial roles in the market, supported by established chemical manufacturing infrastructures and stringent regulatory frameworks governing chemical production and usage.

The ortho-xylene market faces challenges such as volatile raw material prices, environmental concerns related to chemical production, and fluctuations in end-user demand. Despite these challenges, technological advancements in production processes and increasing investments in research and development are expected to drive innovation and efficiency within the market. As global economic conditions evolve and environmental sustainability becomes a focal point, the ortho-xylene market is likely to witness strategic shifts towards greener and more sustainable practices, influencing future growth trajectories and market dynamics significantly.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Region
  4. Global Ortho-Xylene Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Petrochemical Industry Growth
        2. Rising Demand for Plasticizers
        3. Increasing Urbanization
        4. Expanding Automotive Sector
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Environmental Regulations
        3. Health and Safety Concerns
        4. Market Volatility
      3. Opportunities
        1. Emerging Markets
        2. Sustainable Practices
        3. Research and Development
        4. Innovative Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Ortho-Xylene Market, By Application, 2021 - 2031 (USD Million)
      1. Phthalic Anhydride
      2. Bactericides
      3. Soybean Herbicides
      4. Lube Oil Additives
      5. Other Applications
    2. Global Ortho-Xylene Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Royal Dutch Shell PLC
      2. Reliance Industries Limited
      3. China Petroleum & Chemical Corporation (Sinopec)
      4. Exxon Mobil Corporation
      5. Formosa Chemicals & Fibre Corp
  7. Analyst Views
  8. Future Outlook of the Market