India Paraxylene Market Size, Share, Growth, Major Players, Analysis by Forecast to 2030
According to ChemAnalyst report, “India Paraxylene Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Market Analysis, 2030″,Demand for Paraxylene in India is anticipated to grow at a healthy CAGR of 6.22% in the forecast period. Paraxylene is used to manufacture Polyethylene Terephthalate, which is an intermediate product used by plastic industry for the manufacturing of plastic products such as disposal plastic water bottle, carbonated water bottles. Demand for Paraxylene is likely to surge due to change in food habits and increasing demand for packed food from Indian population.
Read Full Report Here: https://www.chemanalyst.com/industry-report/india-paraxylene-market-51
As of now, Reliance Industries Limited (RIL) is the world’s second largest producer of Paraxylene globally. RIL has approximately 9 percent of global Paraxylene installed capacity and almost 11 percent of global Paraxylene production. In India Reliance Industries Limited, Indian Oil Corporation Limited are the two major producers of Paraxylene in domestic market. India is surplus producer of Paraxylene and majority of Paraxylene produced is exported. In FY2020, more than 2500 thousand tonnes of Paraxylene was exported, creating ample opportunities for domestic manufacturers to serve international markets.
Objective of the Study:
• The primary objective of the study was to evaluate and forecast Paraxylene capacity, production,
demand, inventory, and demand – supply gap in India.
• To categorize Paraxylene demand based on end use, region and sales channel.
• To study trade dynamics and company share in India Paraxylene market.
• To identify major customers of Paraxylene in India.
• To evaluate and forecast Paraxylene pricing in India Paraxylene market.
• To identify and profile major companies operating in India Paraxylene market.
• To identify major news, deals and expansion plans in India Paraxylene market.
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