The import of P-Xylene to the US is projected to see a steady increase from 2024 to 2028, starting at 435.71 million US dollars in 2024 and reaching 472.93 million US dollars by 2028. Year-on-year growth rates over this period portray a consistent upward trajectory, signifying a robust demand. The Compound Annual Growth Rate (CAGR) across these years underscores a gradual expansion of the import market for P-Xylene.
Future trends to watch for include:
- Changes in global petrochemical supply chains and their impact on pricing and availability.
- Technological advancements in production and recycling processes affecting domestic P-Xylene needs.
- Environmental regulations influencing P-Xylene demand and import dynamics in the US.