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Para-Xylene price index
This post is a summary of the para-xylene price developments. The price developments of para-xylene are expressed in US$ prices converted FX rates applicable at the time when the price was valid. para-Xylene price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for para-Xylene prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of para-Xylene prices
- Recent price developments of underlying feedstocks which drive the price of para-Xylene
- Market futures for both cost drives and feedstocks of para-Xylene prices
- Adjustment of current supply/demand imbalances in the para-Xylene market
- Longer term trends in likely demand conditions
Further information on the Para-Xylene price index
What is p-xylene
Para-xylene, also known as p-xylene or 1,4-dimethylbenzene, is a colorless, aromatic hydrocarbon liquid with a sweet, pleasant aroma. It is a member of the xylene family, which includes the isomers o-xylene and m-xylene. Para-xylene is used as a feedstock in the production of terephthalic acid and dimethyl terephthalate, which are intermediate chemicals used in the production of polyethylene terephthalate (PET) and other polyesters. It is also used as a solvent and as a component in the production of a variety of products, including plastics, resins, and fibers. Para-xylene can be harmful if inhaled or ingested and may cause skin irritation. It is important to use caution when handling para-xylene and to follow proper safety guidelines.
What is p-xylene used for
Para-xylene, or p-xylene, is a versatile chemical that is used in a variety of applications, including:
P-xylene is used as a feedstock in the production of terephthalic acid and dimethyl terephthalate, which are intermediate chemicals used in the production of polyethylene terephthalate (PET) and other polyesters.
P-xylene is used as a starting material in the production of a variety of plastics, including polyethylene terephthalate (PET), which is used in the production of bottles, films, and other packaging materials.
P-xylene is used as a starting material in the production of resins, which are used in a variety of applications, including coatings, adhesives, and insulation.
P-xylene is used as a starting material in the production of fibers, including polyester fibers, which are used in clothing and other textiles.
P-xylene is also used as a solvent for various chemicals, including paints, resins, and dyes.
How is p-xylene produced
There are several methods for producing p-xylene, including:
By-product of petroleum refining
P-xylene can be produced as a by-product of the refining of petroleum. During the refining process, various hydrocarbons are separated and processed to produce different products. P-xylene can be obtained as a side product of this process.
Dealkylation of toluene
P-xylene can be produced by the dealkylation of toluene, which is another aromatic hydrocarbon. This process involves the removal of an alkyl group from toluene to produce p-xylene.
Oxidation of m-xylene
P-xylene can also be produced by the oxidation of m-xylene, which is another aromatic hydrocarbon. This process involves the addition of oxygen to m-xylene to form p-xylene and water.
Catalytic dehydrogenation of xylene
P-xylene can also be produced by the catalytic dehydrogenation of xylene, which is a mixture of the three isomers of xylene (o-, m-, and p-xylene). This process involves the removal of hydrogen from xylene to produce p-xylene and other products.
How big is the p-xylene market
The p-xylene market is a significant global industry, with demand driven by a variety of end-use applications. According to a report from MarketsandMarkets, the global p-xylene market was valued at $20.9 billion in 2020 and is projected to reach $30.4 billion by 2025, at a compound annual growth rate of 7.2% during the forecast period. This growth is driven by increasing demand for p-xylene in the production of chemicals such as terephthalic acid and dimethyl terephthalate, which are used in the production of polyethylene terephthalate (PET) and other polyesters. The Asia-Pacific region is the largest market for p-xylene, followed by North America and Europe. The market is expected to witness significant growth in the Asia-Pacific region, driven by the increasing demand for p-xylene in the production of polyethylene terephthalate (PET) and other polyesters.
- Wikipedia for general, history, production and usage information
- PubChem for chemistry and property information
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Notes on the price-data
- We aim to update the data series on the 11th and 25th of each month (but we do not always make it for each chart)
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- We combine public publications, import/export records, company announcements, and sources of ad-hoc public information.
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