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Paraxylene is a chemical auxiliary agent used in the production of polyester fibers, films, and resins. It is a colorless, flammable liquid with a sweet odor and is a component of gasoline. It is produced by catalytic reforming of petroleum naphtha or by the dimerization of ethylene. It is also used as a solvent in the production of other chemicals.
Paraxylene is a major component of the petrochemical industry and is used in the production of polyester fibers, films, and resins. It is also used in the production of terephthalic acid, which is used in the production of polyethylene terephthalate (PET) plastic bottles.
The demand for paraxylene is driven by the growth in the production of polyester fibers, films, and resins. The demand for PET plastic bottles is also increasing due to its use in packaging and food and beverage containers.
Some of the major companies in the paraxylene market include ExxonMobil, Shell, BP, Chevron, Total, and BASF. Show Less Read more