Paraxylene
or P-Xylene as it is generally called is an isomer of xylene; it is an aromatic
hydrocarbon, derived from benzene with two methyl substituents. The other
isomers of xylene are O-xylene and M-xylene. P-Xylene is naturally found in
petroleum and tar products. It is manufactured by catalytic reforming of
naptha, a petroleum derivative, and separated in a series of adsorption or
crystallization, distillation, and reaction processes from ethyl benzene,
o-xylene, and m-xylene. The purification process of P-Xylene is not an easy
process due to formation of eutectic mixtures. The properties of P-Xylene
include it being highly-flammable, volatile, toxic, colourless and
sweet-smelling. P-Xylene is mainly used for large scale production of
terephthalic acid for polyester. Terephthalic acid can be classified into
dimethyl terephthalate (DMT), purified terephthalic acid (PTA), dibutyl
phthalate xyleme (di-PX) and others. Among these forms, PTA has the largest
demand in the terephthalic acid market, while DMT market is fast growing. PTA
has seen so much growth and is expected have dominance due to its properties of
non-breakage and good carbon dioxide barrier. PTA is preferred over DMT due to
its cost efficiency, light weight and shatter- resistance. P-Xylene is mainly
used in production of PET (polyethylene terephthalate) chips and PTA (purified
terephthalic acid). PET is used in packing and plastic industries while PTA is
used in textile industries. Since there is a growing demand for house hold,
domestic and apparels, the demand for P-Xylene market is increasing.
In
Europe, the top countries in the market are Germany, Russia, UK, France, Italy.
The global players of the market include Renmatix, Origin Materials, Avantium,
Toray Industries, Virent, Anellotech, GEVO and
BASF SE.
The
demand for both PET and PTA is soaring due to various reasons. There is also a
growing awareness to use environmental friendly products and government
initiatives and campaigns to shift to recycled and renewable products has led
to high level innovation and development in the industry. This has led to the
use of Bio-Based
Paraxylene (Bio-PX). Bio-PX is derived from renewable raw materials,
such as glucose, starch, cellulose and vegetable oils. This is much preferred
as it can be recycled and is a sustainable option. Since PET is commonly used
for producing plastic bottles, many food and beverage companies are moving
towards making their packaging bottles 100% bio-based and use bio-PX for their
production. The growing towards sustainability will further ensure a steady
growth in the market and encourage the entrants of various new players in the
market.
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