市場調查報告書
商品編碼
568496

全球對二甲苯(PX)市場:成長,趨勢,及預測(2020年∼2025年)

Paraxylene (PX) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

出版日期: | 出版商: Mordor Intelligence Pvt Ltd | 英文 120 Pages | 商品交期: 2-3個工作天內

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  • 全貌
  • 簡介
  • 目錄
簡介

全球對二甲苯(PX)市場在2020年∼2025年間,預測將以4%以上的年複合成長率成長。

本報告提供全球對二甲苯(PX)市場的相關調查,市場機會和趨勢,成長及阻礙因素,各用途、終端用戶產業、地區的市場分析,競爭情形,主要企業的簡介等資訊。

目錄

第1章 簡介

  • 調查成果
  • 調查的前提條件
  • 調查範圍

第2章 調查方法

第3章 摘要整理

第4章 市場動態

  • 成長要素
    • 聚乙烯對苯二甲酸酯(PET)的高需求
    • 歐洲的PET回收及回收率的增加
  • 阻礙因素
    • 無塑膠產品的使用相關消費者意識的提高
    • 歐洲的PET收集及回收率增加
  • 產業的價值鏈分析
  • 波特的五力分析
    • 供應商談判力
    • 消費者談判力
    • 新加入廠商的威脅
    • 替代產品及服務的威脅
    • 產業內的競爭
  • 原料分析
  • 技術性概述
  • 進出口的趨勢
  • 價格趨勢
  • 供給方案
  • 法規政策

第5章 市場區隔

  • 各用途
    • 純對苯二甲酸(PTA)
    • 對苯二甲酸二甲酯(DMT)
    • 其他
  • 各終端用戶產業
    • 塑膠
    • 纖維
    • 其他
  • 各地區
    • 亞太地區
    • 北美
    • 歐洲
    • 南美
    • 中東、非洲

第6章 競爭情形

  • 合併、收購,合資企業,合作,及契約
  • 市場佔有率/排行榜分析
  • 主要企業的採用策略
  • 企業簡介
    • BP PLC.
    • Braskem
    • Chevron Phillips Chemical
    • China National Petroleum Corporation (CNPC)
    • Dalian Fujia Dahua Petrochemical Co. Ltd
    • ExxonMobil Corporation
    • Formosa Plastics Corporation
    • Fujian Refining & Petrochemical Company Limited (FREP)
    • JXTG能源株式會社
    • Mangalore Refinery and Petrochemicals Limited (MRPL)
    • 三菱瓦斯化學株式會社
    • NPC Iran
    • Pertamina
    • Reliance Industries Ltd (RIL)
    • Rongsheng Petrochemical Co. Ltd
    • SK Innovation Co. Ltd
    • Sinopec
    • S-Oil Corporation
    • Toray Industries Inc.
    • Total SA

第7章 市場機會及今後趨勢

  • 生質塑膠寶特瓶(生物PET)及其他生質塑膠產品的生物為基礎的對二甲苯使用中的創新
目錄
Product Code: 55479

The paraxylene (PX) market was estimated at over 55 million tons in 2020, and the market is projected to register a CAGR of over 5.5% during the forecast period (2021-2026).

The market was negatively impacted by COVID-19 in 2020. Purified terephthalic acid, a paraxylene product, is used to manufacture polyester coating resins for use in the formulation of automotive coatings. The declining automotive industry, along with the temporary shutdown of automotive manufacturing units due to the ongoing pandemic scenario, has declined the consumption of automotive coatings, thus, creating a negative impact on the demand for paraxylene. However, the use of face-shield, clear masks, food, and e-commerce packaging has increased, thus, enhancing the demand for paraxylene derivatives, including purified terephthalate acid, dimethyl terephthalate, and polyethylene terephthalate, which, in turn, stimulating the demand for paraxylene.

Key Highlights

  • Over the short term, high demand for polyethylene terephthalate (PET) from the plastic industry in the Asia-Pacific region and an increase in PET collection and recycling rates in the European region are the driving factors for the growth of the market. The rising income levels and the increasing population levels are the primary factors that have been driving the growth of the food industry in these regions. Moreover, with huge scope for growth in these regions and new investments being observed in the food and beverage sector, which is intended toward setting up of individual confectionaries, food processing, and beverage producing facilities, is likely to propel market demand.
  • An increase in consumer awareness regarding the use of plastic-free products and an increase in PET collection and recycling rates in Europe are hindering the market's growth.
  • Innovation in the use of bio-based paraxylene in bioplastic PET bottles (Bio-PET) and other bioplastic products is likely to create opportunities for the market in the coming years.
  • The Asia-Pacific region is expected to dominate the market, and it is also likely to witness the highest CAGR during the forecast period.

Key Market Trends

Increasing Demand from the Purified Terephthalic Acid (PTA) Application

  • Purified terephthalic acid (PTA) is an organic compound that is produced by reacting secondary petroleum product paraxylene (PX) and acetic acid. PTA has a form of a white crystalline powder that looks like sugar. It is quite inert and is thus difficult to dissolve in water or other liquids.
  • PTA is majorly used for the production of polyesters, such as polyester films, PET bottles, and furniture, and it is further used in making high-performance plastics, such as polybutylene terephthalate (PBT) and polyethylene terephthalate (PET).
  • With the increasing production in industries, such as automotive, food and beverage, electronics, and construction, the demand for plastics, such as PET, PBT, etc., is also increasing. This, in turn, is leading to increased demand for such high-performance plastics, which is likely to increase their production. Thus, as PTA is used in the production of such plastics, the demand for PTA is also expected to increase with the production of such plastics.
  • In April 2020, Thyssenkrupp received an order to build a new polyethylene terephthalate (PET) production plant for KOKSAN, a packaging producer, in Gaziantep of Turkey, which will double the site's annual production capacity to 432 kiloton of PET resin after commissioning in 2022, thus, increasing the global demand in the paraxylene market for the forecast period.
  • Additionally, the plastics industry, at present, is focusing on manufacturing plastics made from bio-made materials, owing to the increasingly detrimental effects of plastic on the environment. The emerging market for bioplastics is expected to drive the market of PTA as well.
  • Owing to all these factors, the market for paraxylene (PX) is likely to grow globally during the forecast period.

China to Dominate the Asia-Pacific Region

  • In Asia- Pacific, China has emerged as one of the biggest production houses in the world today and is also the largest manufacturer and consumer of paraxylene, at present.
  • Growing demand for PET in China is ramping up the PET value chain, which, in turn, is rapidly driving the market for paraxylene in the country.
  • China accounted for around 32% of the global PET production capacity and is been adding capacities continuously, through the years, owing to the growing demand for PET from the packaging and textile industries.
  • Such factors are increasing the demand for PTA that is used as a precursor for PET resin production, which, in turn, is driving up the consumption of paraxylene continuously.
  • Petrochemical companies in China are massively increasing their PTA capacity. In June 2020, Hengli petrochemicals has started a new PTA plant with an annual capacity of 2.5 million tons, which is world's largest stand alone PTA production plant. Apart from this, further PTA plants are to be started by the end of 2020 in the China, such as from Fujian Baihong, Xinjiang Lanshan Tunhe, Honggang Petrochemical and Ningbo Yisheng, which in-turn stimulates the demand of paraxylene in the country.
  • Around 14 to 15 million metric tons of new paraxylene production capacity are expected to be added in Asia, with the majority in China, annually.
  • But, due to COVID-19 pandemic scenario, the end-user industries of paraxylene have been affected and have witnessed a negative growth rate, thus hindering the paraxylene demand.
  • However, the market for paraxylene is likely to grow post-pandemic scenario as the end-user industries are likely to pick up pace during the later stage of the forecast period.

Competitive Landscape

The paraxylene (PX) market is moderately consolidated. In terms of market share, few major players currently dominate the market. Some of the major players in the market include ENEOS Corporation, INEOS, Reliance Industries Limited, S-OIL CORPORATION, and China National Petroleum Corporation, among others.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 High Demand for Polyethylene Terephthalate (PET)
    • 4.1.2 Increase in PET Collection and Recycling Rates in Europe
  • 4.2 Restraints
    • 4.2.1 Increase in Consumer Awareness Regarding the Use of Plastic-free Products
    • 4.2.2 Increase in PET Collection and Recycling Rates in Europe
    • 4.2.3 Unfavorable Conditions Arising Due to the Impact of COVID-19
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition
  • 4.5 Feedstock Analysis
  • 4.6 Technological Snapshot
  • 4.7 Import Export Trends
  • 4.8 Price Trends
  • 4.9 Supply Scenario
  • 4.10 Regulatory Policies

5 MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Purified Terephthalic Acid (PTA)
    • 5.1.2 Dimethyl Terephthalate (DMT)
    • 5.1.3 Other Applications
  • 5.2 End-user Industry
    • 5.2.1 Plastics
    • 5.2.2 Textile
    • 5.2.3 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
      • 5.3.1.1 China
      • 5.3.1.2 India
      • 5.3.1.3 Japan
      • 5.3.1.4 South Korea
      • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
      • 5.3.2.1 United States
      • 5.3.2.2 Canada
      • 5.3.2.3 Mexico
    • 5.3.3 Europe
      • 5.3.3.1 Germany
      • 5.3.3.2 United Kingdom
      • 5.3.3.3 Italy
      • 5.3.3.4 France
      • 5.3.3.5 Rest of Europe
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East & Africa
      • 5.3.5.1 Saudi Arabia
      • 5.3.5.2 South Africa
      • 5.3.5.3 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Braskem
    • 6.4.2 Chevron Phillips Chemical Company LLC
    • 6.4.3 China National Petroleum Corporation
    • 6.4.4 ENEOS Corporation
    • 6.4.5 Exxon Mobil Corporation
    • 6.4.6 FUJAN REFINING & PETROCHEMICAL COMPANY LIMITED
    • 6.4.7 INEOS
    • 6.4.8 Mangalore Refinery & Petrochemicals Ltd
    • 6.4.9 MITSUBISHI GAS CHEMICAL COMPANY INC.
    • 6.4.10 National Petrochemical Company
    • 6.4.11 PT Pertamina (Persero)
    • 6.4.12 Reliance Industries Limited
    • 6.4.13 Rongsheng Petrochemical Co. Ltd
    • 6.4.14 S.K. Innovation Co. Ltd
    • 6.4.15 China Petroleum & Chemical Corporation
    • 6.4.16 S-Oil Corporation
    • 6.4.17 Toray Industries
    • 6.4.18 Total

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Innovation in the Use of Bio-based Paraxylene in Bioplastic PET Bottles (Bio-PET) and Other Bioplastic Products