The demand for paints and coatings in the construction industry is increasing. In fact, the construction industry itself is witnessing rapid growth in various countries, such as India, the U.S., China, and Eastern European countries. For example, the construction activities in China and Europe grew by 10.0% and 3.5%, respectively, in 2017, as compared to the previous year. This is due to the rising investments in the infrastructure projects and surging need for housing because of the rapidly increasing population. To cater to these needs, large-scale construction projects, such as apartments, civic infrastructure, hotels, offices, and retail centers, are under execution. As a result of all this, the requirement for paints and coatings is also rising, which, in turn, is leading to the surging demand for meta-xylene (m-xylene).
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Xylene is a colorless, volatile liquid hydrocarbon, which is obtained from coal, wood, and petroleum. M-xylene, an isomer of para-xylene and ortho-xylene, is an aromatic hydrocarbon, which has two methyl substituents attached at the meta positions of the benzene ring. In 2017, the global m-xylene market generated a revenue of $1,036.6 million and is expected to attain $1,341.7 million, advancing at a 4.4% CAGR, in the near future. M-xylene is used in the production of 2,4-xylidine and 2,6-xylidine and isophthalic acid. It is also used as a solvent in varnishes, paints and coatings, household products, such as aerosol lacquers, and aviation fuel. Other applications of m-xylene include chemical synthesis, production of 2,4-dimethylbenzophenone, and its utilization as intermediates in dyes and resins. Out of all these applications, m-xylene was used the most for the production of isophthalic acid during 2013–2017; this was attributed to the increased demand for isophthalic acid.
Isophthalic acid, an organic compound, is an isomer of phthalic acid and terephthalic acid, utilized in a large number of applications, including the production of inks, reinforced plastics, alkyd resins, and unsaturated polyester resins. Automobile production, electrical and electronics manufacturing, packaging products, and building and construction activities, all require plastic in huge amounts. As per the GRID-Arendal, a United Nations-affiliated organization, in 2017, about 400.0 million tons of plastic was produced. This large requirement for plastic cannot be fulfilled without making the use of isophthalic acid, resulting in its increasing consumption. This is further driving the demand for m-xylene, because it is used as a primary raw material for the production of isophthalic acid.
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Apart from paints and coatings, m-xylene is also used extensively in adhesives and sealants. Because of their rising consumption in the end-use industries, such as footwear, electronics, and automotive, the need for sealants and adhesives has been growing. In the automotive industry, these products are utilized for laminating and bonding interior components of automobiles. Besides this, the footwear industry makes use of adhesives and sealants for preparing, assembling, and bonding soles. These industries are witnessing significant growth, which is resulting in the increasing requirement for adhesives and sealants. All these factors, in turn, are leading to surging demand for m-xylene, as it is used as a raw material for the production of sealants and adhesives.
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