m-Xylene/Purifed Isophthalic Acid (PIA) Market – By Derivatives Types, Applications and Geography - Global Trends & Forecasts up to 2018
m-Xylene(1,3-Dimethylbenzene) is consumed primarily for the production of isophthalic acid. It is separated from the mixed xylene stream that results from the refining of crude oil. m-Xylene is used as solvent; intermediate for dyes & organic synthesis. It is also used to make coatings, plastics, dyes, fibreglass, auto bodies, outboard motors, industrial cooling fans and vaulting poles.
Isophthalic acid, an aromatic dicarboxylic acid synthesized from meta-xylene, serves to produce aramids, polyesters, highly performance electroinsulating enamel and alkyd resin without oil. The largest use of purified isophthalic acid (PIA) is as an intermediate in the production of unsaturated polyester resins, followed by polyester and alkyd resins (mainly for surface coatings) and inks, reinforced plastics and packaging applications. Isophthalic acid is also used as an agent to alter the properties of PET resin for the production of soft drink bottles. Isophthalic acid is a key ingredient in FRP markets for such products as marine, automotive, and corrosion resistant pipes and tanks. Polyesters containing PIA are also used extensively in industrial coatings applications for home appliances, automobiles, aluminum siding, and metal office furniture. Powder coatings formulated with PIA are used in exterior applications such as patio furniture, lawn mowers, and vending machines. All these applications of PIA are described in detail in this report.
The report also discusses PIA market by major geographical regions such as North America, Europe, Asia-Pacific and Rest of the World (ROW). The isophthalic acid industry is very concentrated with just a handful of producers, of which BP is the largest worldwide. Some of the leading producers of PIA like Eastman, Perstorp, and BP Chemical are extensively covered in the report.
Table Of Contents
1 Introduction
1.1 Key Take-Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Key Data Points Taken From Secondary Sources
1.5.3 Key Data Points Taken From Primary Sources
1.5.4 Assumptions Made For The Report
1.6 Key Questions Answered
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Value Chain Analysis
3.3 Winning Imperatives
3.4 Burning Issues
3.5 Raw Material Analysis
3.6 Market Dynamics
3.6.1 Drivers
3.6.2 Restraints
3.6.3 Opportunities
3.6.4 Impact Analysis
3.7 Porter’s Five Forces Analysis
3.7.1 Threat Of New Entrants
3.7.2 Threat Of Suppliers
3.7.3 Threat Of Substitutes
3.7.4 Threat Of Buyers
3.7.5 Degree Of Competition
3.8 Production Methods Analysis
3.8.1 M-Xylene
3.8.2 Isophthalic Acid
3.9 Pricing Analysis
3.10 Market Share Analysis
3.11 Patent Analysis
4 M-Xylene Market, By Application
4.1 Isophthalic Acid
4.2 Printing Ink
4.3 Agrochemicals
4.4 Others
5 Purifed Isophthalic Acid Market, By Application
5.1 Polyethylene Terephthalate (Pet) Copolymer Resins
5.2 Unsaturated Polyester Resins
5.3 Alkyd Or Polyester Surface Coating Resins
5.4 Amorphous Polyamide Resins
5.5 Adhesives
5.6 Others
6 M-Xylene/Purifed Isophthalic Acid Market, By Geography
6.1 Introduction
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 France
6.3.2 Germany
6.3.3 Uk
6.4 Asia Pacific
6.4.1 China
6.4.2 India
6.4.3 Japan
6.5 Rest Of The World
7 Competitive Landscape
7.1 Introduction
7.2 Competitive Strategies
7.2.1 Mergers And Acquisitions
7.2.2 Agreements/Collaborations /Joint Ventures/Partnerships
7.2.3 New Product Launches
7.2.4 Strategic Expansions/Investments /Product Approvals & Other Developments
7.3 Analysis Of Competitive Strategies
8 Company Profiles
8.1 A.G. International Chemical Company Inc. (Agic)
8.2 British Petroleum
8.3 Compañía Española De Petróleos, S.A.U. (Cepsa)
8.4 Eastman Chemical Company
8.5 Exxonmobil
8.6 Formosa Chemicals & Fibre Corporation
8.7 Koch Chemical Company
8.8 Kp Chemical Corp./ Lotte Chemical
8.9 Mitsubishi Gas Chemical Company
8.10 Perstorp
8.11 Samsung Total Petrochemicals
8.12 Total Petrochemicals.
8.13 Versalis S.P.A.
Growth opportunities and latent adjacency in m-Xylene/Purifed Isophthalic Acid (PIA) Market