World Analysis – Paraxylene

  • Market Overview
  • Key Benefits
  • Service Features
  • Annual Table of Contents

Market Overview

Duration: Long-term outlook to 2050

Paraxylene is a key intermediate raw material necessary to produce polyester fibers and PET resins. Polyester products are used in a wide variety of popular consumer applications such as PET bottles, food packaging, clothing, carpeting and home furnishings. Polyester competes with other man-made materials such as polypropylene, nylon and polystyrene as well as natural products such as viscose, wool, silk and cotton. However, polyester is well positioned in end use applications compared to competing materials due to its relatively low cost, uniformity, adaptability and ease of use, and its share of the global market has been increasing at the expense of alternative products. 

Paraxylene can be made via a number of different processes, the first involving the use of mixed xylenes as the feedstock. Alternative paraxylene production processes include using toluene as the initial feedstock and conversion either by toluene transalkylation (TA) or toluene disproportionation (TDP) technologies. In these processes, benzene represents a greater portion of the yield, which can influence the economics of paraxylene production. The transalkylation and disproportionation processes are valuable in maximizing paraxylene production when toluene and mixed xylenes cannot be blended into the gasoline pool. Manufacturing costs for paraxylene vary around the world, but the direct mixed xylenes–to–paraxylene route is less capital intensive than using toluene as an initial feedstock.

Key Benefits

Duration: Long-term outlook to 2050


  • Maximize negotiating leverage with forward-looking country-specific supply-demand data.
  • Develop a winning strategy based on growth projections of market segments worldwide.
  • Gain clarity evaluating investment opportunities and analyzing market leadership out to 2050.
  • Mitigate risk with data about emerging international trade flows.

Data Included

The World Analysis – Paraxylene provides a comprehensive analysis and key insights of critical market developments as they shape the future outlook for the global paraxylene market.

The following reports, data files, analytical tools and visualization modules are available online and can be downloaded from the Connect website:

  • Report outlining key strategic insights and the future shape of global and regional markets.
  • Data Appendix (Excel) with supply/demand and capacity tables
  • Explanatory Notes detailing data sources, methodologies, unit and conversion factors, and World Analysis deliverables.
  • Energy and Economy assumptions
  • Price, cost and margin base assumptions forecast and sensitivities analysis, and price assessment methodology.
  • Excel data files with standard supply/demand graphics, trade grids, and price forecasts
  • Online dashboard providing visualization of capacity, supply/demand and price, cost and margin forecasts.
  • Supply/demand, capacity and price/economics database access via data browser (from 1990 to 2050)
  • Capacity by company/shareholder, capacity integration, top producer/consumer and surplus/deficit capacity ranking

This World Analysis contains detailed information on capacities, production, demand and trade for all significant producing and consuming countries and regions. Although data gathering is essential for the understanding of history and potential future trends, we believe that the interpretation and analysis of the data is the most valuable part for our clients.

Service Features

Duration: Long-term outlook to 2050


Frequency: Bi-annual
Format: Excel
Timeframe: 10-year forecasts available from periods 1990 – 2050
Area Coverage: By country/region; include “hypothetical” capacity changes in the forecast period
Chemical Coverage: Paraxylene


Frequency: Updated daily
Format: Excel
Timeframe: 10-year forecasts available from periods 1990 – 2050

  • Nameplate capacity on individual plant location by producer and by the shareholder for main study products + key derivatives
  • Integration table and top producer and consumer ranking tables (includes net surplus/deficit
Chemical Coverage: Paraxylene


Frequency: Quarterly
Format: Excel
Timeframe: up to 2050
Area Coverage:Forecasts for US, Europe & Asia w/ qualitative sensitivities
Chemical Coverage: Paraxylene


Frequency: Bi-annual
Format: Excel
Timeframe: 1 year of history, up to 10 years of forecast
Area Coverage: Between partner countries and by region
Chemical Coverage: Paraxylene


Frequency: Annual
Format: PDF/HTML
Timeframe: 5-year history, forecast to 2050
Coverage: Regional market summaries

  • Production economics/snapshots for selected regions/processes
  • Production process/technology overview
Chemical Coverage: Paraxylene


  • Access to our global team of subject matter experts
  • Interactive data visualization module (dashboard)
  • Standard supply/demand graphs
  • Data appendix with supply/demand and capacity tables
  • Supply/demand and capacity database access via data browser

Annual Table of Contents

  • Introduction 5
  • Executive Overview 7
  • Background 7
  • Supply 7
  • Demand 8
  • Strategic Insights 12
  • European Glass 12
  • Soda Ash in Lithium Production 13
  • Solar Energy Supply Chains 14
  • North America 16
  • South America 20
  • West Europe 24
  • Central Europe 29
  • CIS & Baltic States 32
  • Africa 36
  • Middle East 39
  • Indian Subcontinent 42
  • Mainland China 46
  • Other Northeast Asia 49
  • Southeast Asia 52
  • Production Process Overview 55
  • Introduction 55
  • Natural Soda Ash 55
  • Synthetic Soda Ash 56
  • Introduction 56
  • Solvay 57
  • Hou 58
  • Other 59
  • Major Soda Ash Applications 59
  • Production Process Economics 61
  • Explanatory Notes 61
  • US Economics (From Trona - Coal as Fuel) 62
  • US Economics (From Trona - Natural Gas as Fuel) 63
  • West Europe Economics (Synthetic Solvay Process) 64
  • China Economics (Synthetic Solvay Process) 65
  • China Economics (Synthetic HOU Process) 66
  • Derivative Market Overview 67
  • Glass 67
  • Production Process Overview 67
  • Market Overview 68
  • STPP and Soaps/Detergents 70
  • Chemicals 72
  • Introduction 72
  • Sodium Silicates 72
  • Sodium Phosphates and Sodium Tripolyphosphate (STPP) 73
  • Sodium Bicarbonate 73
  • Sodium Chromates and Sodium Dichromates 75
  • Alumina and Metals/Mining 75
  • Pulp and Paper 76
  • Other 76
  • Sodium Percarbonate 76
  • Monosodium Glutamate 77
  • Lithium Carbonate 77
  • Other Chemicals 78
  • Causticization 78
  • Other End Uses 79
  • Price Forecast 80
  • Methodology 80
  • North America 81
  • West Europe 82
  • Mainland China 83
  • Price Forecast Tables 85
  • Supply/Demand Forecast Methodology 86
  • Chemical Supply/Demand Forecasting Methodology 86
  • Supply 86
  • Demand 87
  • Hypothetical Capacity 87
  • Trade 88

Market Coverage





Ashish Pujari

Ashish Pujari Vice President, Asia Aromatics & Fibers Chemical Market Analytics by OPIS

Ashish Pujari is the Vice President of Aromatics and Fibres at Chemical Market Analytics in Singapore. Ashish Pujari is the Vice President for Aromatics and Fibers in Asia. He has over 30 years of experience in the petrochemical industry, mainly focused on the polyester and raw material value chain, which stretches from project design, operations, sales & marketing and business development. Over the past 15 years, he has focused on market research and consulting for the polyester and raw material industry. He is responsible for providing thought leadership to the sector and guiding our long-term forecasts. Ashish works with the Asian petrochemicals industry and coordinates support across the value chains. His current products of focus are Paraxylene, terephthalic acid (PTA) and Polyester, covering the regional dynamics and guiding the global outlook. He also actively continues to focus on sustainability developments in the polyester sector. Ashish has also been instrumental in launching several reports, including the pricing reports for Aromatics in Asia and the Global Polyurethanes & Feedstock report. Ashish joined CMAI in 2009, with a responsibility to cover the Asian PX and polyester markets and has taken additional responsibilities through our transition to Chemical Market Analytics. Before joining CMAI, Ashish worked for Reliance Industries Ltd. (RIL) in India and was leading the M&A activity in the polyester sector at the time of his exit in 2009. Ashish joined RIL as a fresh engineer in 1994 in the project design and construction group and later progressed to operations. He also worked in sales & business development, becoming the North India regional sales lead for raw materials. Ashish holds a Bachelor of Engineering (Polymers & Chemical) from the University of Pune, India, as well as an Executive Management diploma from the Indian Institute of Management, Bangalore.  
Duncan Clark

Duncan Clark Vice President, Global Aromatics & Fibers Team Lead Chemical Market Analytics by OPIS

Duncan Clark is the Vice President of the Global Aromatics and Fibers business at Chemical Market Analytics. Duncan Clark is the vice president of Global Aromatics and Derivatives, based in Chemical Market Analytics’ London office. Duncan joined the company in 2013 as the EMEA Aromatics Director, taking over the global Aromatics team leadership in 2017. Duncan has 40 years of experience working in the global petrochemical and chemical industries in various Sales, Marketing, Corporate Business Development, Business Management and Consultancy roles. Duncan maintains a view of global developments in all major aromatics markets and works closely with petrochemical producers, consumers and financial institutions worldwide, providing insight and future expectations. He has specific expertise in the polyester feedstocks markets. He is a regular speaker at Chemical Market Analytics’ regional conferences. He leads a global team of Aromatics consultants and analysts. He is responsible for the commercial strategy and client support for a broad portfolio of Aromatics services focused on individual aromatics value chains. He also regularly forms part of the project team for Chemical Market Analytics’ single client studies. Before this, Duncan spent ten years working in an ExxonMobil / Shell joint venture company involved in fuel and lubricant additives and visited refineries worldwide. He also spent 12 years working for Air Products in various chemical and industrial gas businesses in the UK, U.S., and Netherlands. He now provides insights into the global aromatics and derivative markets, including paraxylene, purified terephthalic acid, ethylene glycols, polyurethane feedstocks, and the global benzene, toluene, and xylenes markets. Mr. Clark has a Bachelor of Science in Chemical Engineering from University College London and a Master of Business Administration from Manchester Business School.  
Roberto Ribeiro

Roberto Ribeiro Executive Director, Global Ethylene Oxide | Ethylene Glycol Chemical Market Analytics by OPIS

Roberto Ribeiro is the Executive Director for EO & Derivatives in the Americas at Chemical Market Analytics. Roberto Ribeiro is a seasoned chemical and petrochemical expert with over 30 years of experience. He is the Global Executive Director for EOD (ethylene oxide derivatives) and PET at Chemical Market Analytics. In this role, he is responsible for the research and analysis of a wide range of products, including PET, PTA, PX, ethylene glycols (MEG, DEG, TEG), high-purity ethylene oxide, and its derivatives such as ethoxylates, glycol ethers (E-series), ethanolamines (MEA, DEA, TEA), and polyethylene glycols (PEGs). Roberto works closely with the chemical and petrochemical sectors and other markets, such as plastic converters, brand owners, oil and gas, and financial industries, providing support and guidance throughout various business chains. His current focus areas include overseeing the Market Advisory Services' 'Global PET Stream Report' and 'Global Ethylene Oxide, Glycol, & Derivatives Report,' as well as providing primary input and insights for the World Analysis Services' 'World Analysis – Paraxylene,' 'World Analysis – Polyester,' 'World Analysis – PTA/DMT,' and 'World Analysis - Ethylene Oxide and Monoethylene Glycol.' He joined Chemical Market Analytics in April 2021, having previously served as President of Townsend Solutions, a strategic consulting firm in the petrochemical industry. Before his tenure at Townsend Solutions, Roberto held various leadership roles in strategic planning, business development, M&A, and sales and marketing at petrochemical manufacturing companies, many of which are now part of Braskem and LyondellBasell. Roberto's career began at Eastman Kodak and then Polibrasil Resinas, S.A., where he progressed from Marketing Intern to Head of Marketing in just five years, developing a deep customer empathy and talent for conducting in-depth market analyses. Roberto holds a bachelor's degree in Accounting and Finance and Business Administration from São Paulo University (Brazil). Additionally, he holds a master's degree in Oil & Gas from Universidad Austral (Argentina). He has participated in various professional development courses with Harvard Business School, New York University's Stern School of Business, and the Massachusetts Institute of Technology (MIT). He has been a speaker at numerous industry conferences across Europe, Asia, the Middle East, and North and South America.

Looking for Short Term Analysis ?

Your Success, Our Priority
In a world where markets evolve rapidly, having the right insights is the key differentiator. Partner with us for critical market insights that propel you beyond competition. Your success is not just a goal, it's our commitment.
Contact us today to revolutionize your approach to business strategy with Market Insights!

View our Market Advisory Service

Talk To An Expert

These offers include recommended content or information on upcoming events. I can unsubscribe at any time.

By clicking the button below, you agree to the Dow Jones Privacy Notice and Cookie Notice.