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Southeast Asia 1,3-Dimethylbenzene Market Outlook and Forecast 2024-2030

view8048 2024. 10. 23. 16:45

The Southeast Asia 1,3-Dimethylbenzene market size was valued at US$ 184.6 million in 2024 and is projected to reach US$ 252.3 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.

 

1,3-Dimethylbenzene, also known as m-xylene, is an aromatic hydrocarbon used as a solvent and as a precursor in the production of isophthalic acid, fibers, and various polymers.

The Southeast Asia 1,3-Dimethylbenzene market is experiencing moderate growth, driven by increasing demand in the plastics, fibers, and coatings industries. In 2023, total consumption reached 280,000 metric tons, with Thailand, Indonesia, and Singapore accounting for 70% of regional demand. The polyester resin sector remains the largest consumer at 50%, followed by solvents at 30%. The market saw a 8% increase in demand for 1,3-dimethylbenzene in high-performance polymer applications in 2023, reflecting the growing automotive and electronics industries. Use in coatings and adhesives is growing at 6% annually, driven by construction and industrial sectors. The trend towards sustainable products led to a 12% rise in R&D investments for bio-based alternatives in 2023. High-purity grades for specialty chemicals saw a 10% surge in demand, particularly in the production of advanced materials. The market is witnessing increased focus on recycling and circular economy principles, with a 15% growth in initiatives for the recovery and reuse of xylenes from various waste streams.

Report Includes

This report is an essential reference for who looks for detailed information on Southeast Asia 1,3-Dimethylbenzene. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors¡¯ information. In addition to the data part, the report also provides overview of 1,3-Dimethylbenzene, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Southeast Asia 1,3-Dimethylbenzene, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding 1,3-Dimethylbenzene. This report contains market size and forecasts of 1,3-Dimethylbenzene in Southeast Asia, including the following market information:

We surveyed the 1,3-Dimethylbenzene manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Thailand

•    Indonesia

•    Vietnam

•    Malaysia

•    Philippines

•    Singapore

•    Myanmar

by Products type:

•    Purity?99.5%

•    Purity?98%

by Application:

•    Additives and sealants

•    Rubber goods

•    Pesticide

•    Chemical Processing

•    Other

key players include: (At least 8-10 companies included)

•    Sinopec

•    Reliance Industries

•    PTT Global Chemical Public Company Limited

•    Petronas Chemicals Group Berhad

•    SCG Chemicals Co., Ltd.

•    Formosa Plastics Corporation

•    Haldia Petrochemicals Ltd

•    Lotte Chemical Titan Holding Berhad

•    IRPC Public Company Limited

•    Nippon Steel & Sumikin Chemical Co., Ltd.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies 1,3-Dimethylbenzene revenues in Southeast Asia market, 2019-2024 (Estimated), ($ millions)

•    Key companies 1,3-Dimethylbenzene revenues share in Southeast Asia market, 2023 (%)

•    Key companies 1,3-Dimethylbenzene sales in Southeast Asia market, 2019-2024 (Estimated),

•    Key companies 1,3-Dimethylbenzene sales share in Southeast Asia market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Southeast Asia and country-wise market of 1,3-Dimethylbenzene

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing 1,3-Dimethylbenzene capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on 1,3-Dimethylbenzene manufacturers

•    1,3-Dimethylbenzene forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.


Table of content

1 Market Overview    

1.1 Product Overview and Scope of 1,3-Dimethylbenzene 

1.2 Segment by Type    

1.2.1 Southeast Asia Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 Purity?99.5%    

1.2.3 Purity?98%

1.3 Segment by Application  

1.3.1 Southeast Asia Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Additives and sealants

1.3.3    Rubber goods

1.3.4    Pesticide

1.3.5    Chemical Processing

1.3.6    Other

1.4 Southeast Asia Market Growth Prospects    

1.4.1 Southeast Asia Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Southeast Asia Production Estimates and Forecasts (2019-2030)  

2 Southeast Asia Growth Trends    

2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis    

2.2 Potential Market and Growth Potential Analysis&n

 

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