According to the report, Benzene-Toluene-Xylene (BTX) market is estimated to exhibit a gentle growth without substantial raise or slump during the prospective period. Global economic development, government regulations adjustment, related industry dynamics, industrial upgrading, and competition among market’s participators are some of the associated factors that influencing the Benzene-Toluene-Xylene (BTX) market development. A distinctive and comprehensive picture of Benzene-Toluene-Xylene (BTX) market is embodied in the report. The market growth is primely attributed to the increasing demand from the polyester industry, where styrene monomer is used for manufacturing textiles and increasing demand for the benzene and gasoline. However, the growing awareness of environment protection, growing health concern, and stringent government regulations are considered as factors that projected to hamper the Benzene-Toluene-Xylene (BTX) market growth.
The Asia Pacific is expected to dominate the Benzene-Toluene-Xylene (BTX) market during the predicted years. Major manufacturers are now shifting their production units to the emerging economies of Asia Pacific and Latin America owing to the low feedstock cost and increasing industrialization. The rapid development of automotive and construction industries is providing abundant opportunities for Benzene-Toluene-Xylene (BTX) market growth. North America is also anticipated to witness a significant growth during the predicted years due to the availability of abundant and cheap raw material from exploiting shale gas reserves
What is Benzene-Toluene-Xylene (BTX)
In the petroleum refining and petrochemical industries, the initials BTX refer to mixtures of benzene, toluene and xylene, all of which are aromatic hydrocarbons. The BTX aromatics are very important petrochemical materials. Benzene, toluene, and xylenes can be made by various processes. However, most BTX production is based on the recovery of aromatics derived from the catalytic reforming of naphtha in a petroleum refinery.
Get FREE Sample of Benzene-Toluene-Xylene (BTX) Market Report at:
Report Abstract
Get FREE Sample of Benzene-Toluene-Xylene (BTX) Market Report at:
Benzene-Toluene-Xylene (BTX) Type Classification
Benzene-Toluene-Xylene (BTX) End-users Classification
Leading Vendors
Key regions
About GlobalMarketMonitor
Global Market Monitor is a company that provides comprehensive services and products to global clients. We regularly update new reports on the website, ensuring that our clients stay abreast of the latest trends in their industries.
We engage in a wide, diverse range of international businesses and have established a sound customer base with about 11,000 clients in over 102 countries and regions. Headquartered in the USA and with 6 global offices around the world, it is convenient for Global Market Monitor to get a global view for all clients.
We are always committed to deliver customized market research solutions with the highest quality. As an information service company, we are specialized in offering market intelligence services from more than 100 research publishers, involving plenty of industries, companies, trends, market drivers and other strategic data. About 100 million statistics with tables, charts and datasets are easy to access. Reports provided by Global Market Monitor can reveal the interrelationship between industries and markets, so that our clients may have a better understanding about the global economy, threats, opportunity and financial impact.
Target Audience:
Get FREE Sample of Benzene-Toluene-Xylene (BTX) Market Report at:
Contact
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.