Xylene Prices, Trend and Demand | IMARC Group

The latest report by IMARC, titled " Xylene Pricing Report 2024: Price Trend, Chart, Industry Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Xylene Prices. This report delves into the price of Xylene globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive Xylene price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts industry dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Xylene Prices by End of The Last Quarter: 

• United States: 971 USD/MT (m Xylene)
• Germany: 852 USD/MT (m Xylene)

Report Offering: 

• Monthly Updates - Annual Subscription
• Quarterly Updates - Annual Subscription
• Biannually Updates - Annual Subscription

The study delves into the factors affecting Xylene price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the industry, equipping stakeholders with the latest information on industry fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report:  https://www.imarcgroup.com/xylene-pricing-report/requestsample

Key Highlights About the Xylene Price Trend 

The global xylene prices is primarily driven by the increasing demand across various industries. Additionally, xylene is a key raw material used in the production of terephthalic acid, which is essential for making polyethylene terephthalate (PET) plastics and polyester fibers. Moreover, the rise in consumption of PET products, particularly in packaging and textiles, is driving this market forward. Along with this, xylene’s use in the production of paints, coatings, adhesives, and chemicals is further propelling the market growth. Besides, the automotive and construction industries also play a significant role in the market growth, as xylene is commonly used in manufacturing automotive components and industrial applications. Apart from this, with urbanization and industrialization continuing in regions like Asia-Pacific, the need for such products is influencing the market growth. Furthermore, increasing investments in petrochemical projects, particularly in emerging economies, are providing additional growth opportunities across the globe.

Factors Influencing Xylene Prices 

The xylene market experienced positive growth in the last quarter, supported by stable manufacturing outputs from the downstream packaging and polyester sectors in North America. This demand helped mitigate the impact of tight supply chains that had thinned inventories. Nonetheless, supply improvements in the following quarter led to reduced procurement rates and a subsequent decrease in xylene prices. Moreover, initially, the xylene market in the Asia Pacific saw a surge in prices due to low inventory levels exacerbated by supply disruptions and adverse weather conditions. The robust demand from various industrial sectors further fueled this rise during the third quarter.

As the year progressed, reduced interest from international buyers and a declining new order, along with a gloomy economic forecast, led to a downturn in xylene prices. Furthermore, in Europe, xylene prices rose sharply in second half of the 2023 quarter, driven by a tight supply chain and increased requirements across consumer industries. Moreover, elevated manufacturing costs due to scarce raw materials also supported this trend. However, toward the end of the year, consumer confidence waned under inflationary compressions and higher interest rates, which, along with improved supply chain efficiencies that replenished stocks, pressured prices downward.

Overall, Price Trend and Regional Prices Analysis: 

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

About Us: 

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145