benzene-Toluene-Xylene Market Size by 2027
Increasing demand for the BENZENE-TOLUENE-XYLENE market in the online retailing business, coupled with high investments in R&D of the BENZENE-TOLUENE-XYLENE market, are fueling the market growth.
benzene-Toluene-Xylene Market Size – USD
162.66 Billion in 2018, Growth - CAGR of 5.9%, Trends – Increase in demand for BENZENE-TOLUENE-XYLENE
in the manufacture of surfactant & chemical solvent.
The Global benzene-Toluene-Xylene
Market is forecast to reach USD 274.78 Billion by 2027, according to a
new report by Reports and Data. BENZENE-TOLUENE-XYLENE or commercially known as
Hydrogenated Pyrolysis Gasoline (HPG) is the mixture of three simplest aromatic
hydrocarbons namely Benzene, Toluene, and Xylene. Most of these aromatic
hydrocarbons comes in the liquid form with an aromatic odor. BENZENE-TOLUENE-XYLENE
aromatic hydrocarbons are typically produced from double hydrogenation of the
Raw Pyrolysis Gasoline (RPG) or debutanized aromatic concentration process,
deriving from the catalytic reforming of naphtha in the petroleum refinery
plant. The continuous expansion of the fuel additives, paints & coatings,
cleaning agent, foams, and polymeric applications, others are some of its
widely used end-usages. Use of these hydrocarbons as the chemical solvent or
chemical intermediate in the manufacture of plastics, surfactant, rubber,
adhesives, detergent, explosives, lubricants, drugs, and pesticides, to name a
few are expected to primarily drive the demand of this market throughout the
forecast period.
Get a sample of the report: https://www.reportsanddata.com/sample-enquiry-form/2705
Top Lading Players: BASF SE,
Dow DuPont, ExxonMobil Corporation, China National Petroleum Corporation, Royal
Dutch Shell PLC, Borealis AG, Covestro AG, Saudi Basic Industries Corporation,
Mitsubishi Gas Chemical Company, Inc., and Reliance Industries Limited, among
others.
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