Published on September 20, 2014
The global demand for aromatic chemicals reaches nearly 100 mln metric tons in 2013, and is likely to touch 125 mln metric tons by 2020.
This period could also see a rise of 2-3 per cent in the prices of aromatic chemicals.
Xylene enjoyed the highest demand growth of CAGR during 2006 to 2013. Nevertheless, demand for xylene is expected to decline in the coming future.
