Procurement Resource Evaluates the Price Trends of Xylene in its Latest Insights and Dashboard
Price Trends of Xylene in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Xylene price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Xylene can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Xylene or xylol with IUPAC name: dimethylbenzene is any of three chemical compounds having the formula (CH3)2C6H4 in organic chemistry. They are made by replacing two hydrogen atoms in a benzene ring with methyl groups, which hydrogens are replaced and determine which of three structural isomers results. It’s a colorless, combustible, slightly oily liquid with a lot of industrial potential.
Regions Covered to Evaluate Xylene Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Xylene Price Trend:
Xylenes are utilised as a solvent in the production of chemicals, agricultural sprays, adhesives, and coatings, and a feedstock in the production of different polymers, phthalic anhydride, isophthalic acid, terephthalic acid, and dimethyl terephthalate. Thinners, solvents in paints, inks, rubbers, gums, resins, lacquers, paint removers, and polyester fibres are all made with xylenes. High motor and aviation, Gasoline blending agents, and breathing devices (inhalers) are also some industries wherein xylene is popularly used as a component.
Key Market Players:
- Exxon Mobil Corporation
- Shell Chemicals
- Reliance Industries Limited
- China Petroleum & Chemical Corporation (Sinopec Corp.)
- Valero Marketing and Supply Company
News and Events:
- In January 2021, INEOS paid USD 5 billion for BP’s global aromatics and acetyls division, allowing the company to expand its product offering.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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