Get the latest insights on price movement and trend analysis of Xylene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The o-xylene prices in the USA for Q4 2023 reached 977 USD/MT in December. The market struggled due to falling feedstock costs and macroeconomic pressures, which included inflation and high interest rates. The reduced production costs and weak demand from the phthalic anhydride sector led to lower prices. Despite global supply disruptions, local inventory remained adequate, pushing producers to reduce prices further.

O-Xylene Prices December 2023

Product	Category	Region	Price
O-Xylene	Feedstock	USA	977 USD/MT
O-Xylene	Feedstock	South Korea	960 USD/MT
O-Xylene	Feedstock	Germany	1275 USD/MT

Explore IMARC’s newly published report, titled “O-Xylene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of o-xylene pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Why did the Mixed Xylene Price Change in July 2025? The Mixed Xylene Price Index in Q2 2025 increased by approximately 7%, rising from USD 828/MT in April to USD 886/MT in June. The upward trend was driven by stable refinery operations, consistent inventory levels, and robust export demand, particularly from Latin America and Canada.

Get the latest insights on price movement and trend analysis of Mixed Xylene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the O-Xylene Price Change in July 2025? Throughout Q2 2025 the O-Xylene Price Index in the U.S. experienced fluctuations before finishing at USD 900/MT FOB Texas; prices increased about 7.1% last week, rebounding from recent price stability a May drop.

In Quarter 1 2025, m-xylene prices in North America exhibited notable fluctuations driven by various factors. The market experienced some volatility due to shifts in both feedstock prices and downstream demand. The PET sector, a key downstream market for m-xylene, showed signs of weakness, particularly in January, as demand from the sector softened due to seasonal slowdowns and reduced consumption. Despite stable production and supply levels, these factors created downward pressure on m-xylene prices in the region.

Get the latest insights on price movement and trend analysis of Meta Xylene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Nitro-O-Xylene Price Change in July 2025? The Nitro-o-Xylene Price Index in China exhibited a consistent downward trajectory throughout Q2 2025, declining cumulatively by over 7% across the quarter, settling at around USD 2810/MT during June 2025

The average price of p-xylene worldwide amounted to some ***** U.S. dollars per metric ton in 2023. As of April 2024, the average price for the year had decreased to ***** U.S. dollars per metric ton.

The Report Covers Ortho Xylene Uses & Price Trends and is Segmented By Application (Phthalic Anhydride, Bactericides, Soybean Herbicides, Lube Oil Additives, and Other Applications) and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Market Sizes and Forecasts will be provided in terms of Value (USD billion) for the Above Segments.

The global mixed xylene market is estimated at USD 58.2 billion in 2025 and is forecast to expand to USD 104.1 billion by 2035, registering a CAGR of 5.1%.

Attribute	Values
Estimated Industry Size (2025E)	USD 58.2 Billion
Projected Industry Value (2035F)	USD 104.1 Billion
CAGR (2025 to 2035)	5.1%

Country Wise Analysis

Countries	CAGR (2025 to 2035)
USA	4.8%
UK	3.6%
France	3.4%
Germany	3.9%
Italy	3.2%
South Korea	5.2%
Japan	3.7%
China	6.1%
Australia	2.9%
New Zealand	2.5%

In Q1 2025, mixed xylene prices in the USA showed a fluctuating trend influenced by feedstock price changes and steady demand from the PET sector. January saw a steady rise in prices, driven by increases in natural gas and naphtha costs. By the end of January, mixed xylene prices had risen by 3.5%, reaching USD 880/MT. In February, prices slightly declined by 3.4%, as feedstock costs decreased, lowering production expenses. Despite this, stable demand from the PET sector maintained a balanced market, keeping prices steady at USD 850/MT by month-end.

The Iranian o-xylene market rose to $65M in 2024, increasing by 1.9% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $67M. From 2023 to 2024, the growth of the market remained at a somewhat lower figure.

In Quarter 1 2025, m-xylene prices in North America exhibited notable fluctuations driven by various factors. The market experienced some volatility due to shifts in both feedstock prices and downstream demand. The PET sector, a key downstream market for m-xylene, showed signs of weakness, particularly in January, as demand from the sector softened due to seasonal slowdowns and reduced consumption. Despite stable production and supply levels, these factors created downward pressure on m-xylene prices in the region.

The global market for ortho-xylene is USD 4,312 million in 2025 and will be USD 6,667 million in 2035 at a CAGR of 4.5%.

Metric	Value
Market Size in 2025	USD 4,312 million
Projected Market Size in 2035	USD 6,667 million
CAGR (2025 to 2035)	4.5%

Country-Wise Outlook

Country	CAGR (2025 to 2035)
USA	4.9%

Country	CAGR (2025 to 2035)
UK	4.5%

Region	CAGR (2025 to 2035)
European Union (EU)	4.6%

Country	CAGR (2025 to 2035)
Japan	4.8%

Country	CAGR (2025 to 2035)
South Korea	4.7%

Segmentation Outlook

Type	Market Share (2025)
Ortho-xylene	41%

Application	Market Share (2025)
Phthalic Anhydride	58%

Competitive Outlook

Company Name	Estimated Market Share (%)
Reliance Industries Limited	15-18%
ExxonMobil Corporation	12-15%
Formosa Chemicals & Fibre Corp	10-13%
Royal Dutch Shell PLC	8-11%
BASF SE	5-8%
Other Companies (combined)	35-50%

O-Xylene Market Outlook

The global O-Xylene market size was estimated to be around USD 5 billion in 2023 and is projected to reach approximately USD 7.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period. The growth of the market is primarily driven by the increasing demand for o-xylene derivatives, especially phthalic anhydride, which is extensively used in the production of plasticizers, unsaturated polyester resins, and alkyd resins. This demand surge is fueled by the growth in the automotive and construction sectors, which are major consumers of these derivatives. Additionally, the rising consumer preference for high-performance and lightweight materials in the automotive industry further supports the market expansion.

The increasing application of o-xylene as a solvent in the paint and coatings industry is another significant growth factor for the market. Paints and coatings are experiencing a surge in demand, particularly in emerging economies where infrastructural development and urbanization are on the rise. O-xylene, being a highly efficient solvent, facilitates the production of high-quality paints and coatings, thus gaining substantial traction in the industry. Moreover, with the growing emphasis on improving the longevity and durability of buildings and structures, the need for advanced coating solutions is expected to drive the demand for o-xylene further. This trend is anticipated to continue over the forecast period, positively impacting the market growth.

The chemical intermediates segment also contributes significantly to the expansion of the o-xylene market. As industries advance toward more sustainable and efficient chemical processes, the requirement for reliable intermediates like o-xylene becomes crucial. This compound plays a vital role in synthesizing various chemical products, including phthalic anhydride, which is integral to numerous industrial applications. The consistent growth of the chemical sector, coupled with ongoing research and development activities aimed at enhancing production efficiencies, is poised to bolster the demand for o-xylene in the coming years.

Regionally, Asia Pacific dominates the o-xylene market, accounting for the largest share owing to its robust industrial base and thriving end-use industries such as automotive and construction. The economic expansion and increasing disposable incomes in countries like China and India have accelerated the demand for consumer goods and automobiles, thereby boosting the need for o-xylene. Meanwhile, North America and Europe also present significant opportunities due to the presence of advanced chemical manufacturing facilities and a focus on sustainable production methods. The Middle East and Africa, while smaller in market size, are witnessing noticeable growth as urbanization and industrialization trends gain momentum in these regions.

Application Analysis

The solvent application of o-xylene represents a crucial segment in the market, given its widespread use in the production of paints, coatings, and various industrial cleaning agents. O-xylene is highly valued for its excellent solvency characteristics, making it an indispensable component in solvent systems formulated for different applications. The paint and coatings industry, in particular, benefits from o-xylene's ability to enhance drying times and improve the finish quality of paints, thus offering superior performance in both architectural and industrial applications. As urbanization continues to rise, especially in developing regions, the demand for paints and coatings is projected to surge, thereby driving the growth of the solvent segment within the o-xylene market.

Chemical intermediates represent another critical application segment for o-xylene. It serves as a precursor in the synthesis of several important chemical compounds, most notably phthalic anhydride, which is pivotal in producing a range of products such as plasticizers, resins, and dyes. The role of o-xylene as a chemical intermediate is further underscored by the growing emphasis on developing more efficient chemical processes to meet the increasing demand for these derivatives. The robust growth of end-use industries, including automotive, construction, and packaging, which utilize these chemicals extensively, is expected to bolster the chemical intermediates segment of the o-xylene market.

Laboratory chemicals form a niche yet essential segment in the application of o-xylene. In research and development settings, o-xylene is employed as a solvent in various analytical and synthetic processes due

In 2024, the Philippine p-xylene market decreased by -33.4% to $77K, falling for the third year in a row after three years of growth. Overall, consumption, however, saw a significant increase. Over the period under review, the market hit record highs at $396K in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

After three years of decline, the p-xylene market in Australia and Oceania increased by 18% to $462 in 2024. Overall, consumption, however, faced a abrupt decline. The level of consumption peaked at $4.8K in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

During the second quarter of 2024, the paraxylene prices in the United States reached 1032 USD/MT in June. In Q2 2024, paraxylene prices in the USA fell due to a surplus in supply and weak demand. Seasonal declines in the polyester industry and inexpensive raw materials contributed to the downward trend. The market faced challenges with production outpacing demand, leading to a subdued pricing environment.

Get the latest insights on price movement and trend analysis of Sodium Xylene Sulfonate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).