Material Insights · Understanding the Material World

Paraxylene: Production

How China built most of the world's PX in years

How China built most of the world's PX in years What this tab covers Who makes it and how much: world capacity and output, utilisation, the top producing countries and companies globally and in India, concentration, new capacity coming, and each region's position.
MeasureFigureDetailSource
World capacityabout 80 Mt/yr world (indicative); China close to 47 Mt/yr (2024)Argus, May 2025 (China); world indicative
World outputabout 57 Mt (2024, indicative)indicative
Capacity utilisationabout 70-80% (indicative)Chinese PX ran at about 78.6% and Asia overall about 66% on 7 October 2026 (Procurement Resource). South Korea ran in the low 80s% in 2024 (Argus).Procurement Resource, Oct 2026; Argus, May 2025
ConcentrationChina about 59%; top three countries about 78% (indicative)Seven Chinese megacomplexes above 2 Mt/yr hold 18.4 Mt/yr (Argus). Company concentration is moderate: Rongsheng (ZPC), Hengli, Sinopec, Shenghong, Reliance and Korean refiners dominate.Argus, May 2025
New capacityslowing; few new complexes before 2028Argus says PX expansion is slowing after the 2019-2024 wave. Rationalisation of 3.92 Mt/yr occurred in 2019-2025: South Korea 1.07, China 1.52, Japan 0.43 and US 0.90 Mt/yr (Argus). India's planned PTA plants (1.25 and 1.5 Mt/yr, 2026) will raise PX pull (Tiger Brokers, 2025).Argus, May 2025; itiger, 2025

Top producing countries

China 59% · close to 47 Mt/yr (2024) South Korea 12% · plants of 1-2 Mt/yr; about 10 Mt/yr (indicative) India 7% · 3.13 Mt/yr capacity, 3.16 Mt output (2017, latest official series); higher since (indicative) Japan 4% · mostly units at or below 500 kt/yr United States 4% · 0.9 Mt/yr rationalised 2019-2025 Taiwan, Thailand, Singapore, Saudi Arabia, Brunei 14% · not published individually Argus, May 2025; share against indicative 80 Mt; Argus 2025 (plant sizes); total indicative; DCPC via CEIC (2017); Argus, May 2025; share indicative; indicative

Largest producers: global

CompanyCountryVolumeYearSource
Zhejiang Petrochemical (Rongsheng) largest Chinese PX complex at Zhoushan; figure not given in source Chinanot published 2025Argus, May 2025
Hengli Petrochemical Dalian refinery-to-polyester chain; figure not given in source Chinanot published 2025Argus, May 2025
Fujian Gulei PetrochemicalChina3.2 Mt/yr PX capacity 2025Argus, May 2025
Sinopec not published Chinanot published 2025indicative
Jiangsu Shenghong (Lianyungang) PX figure not published in sources reached Chinanot published 2025Argus, Mar 2025 (2.4 Mt/yr PTA unit named)
Reliance Industries Jamnagar is among the largest PX sites in the world; figure not confirmed in sources reached Indianot published 2025indicative
SK Innovation, S-Oil, Hanwha TotalEnergies, HD Hyundai Chemical Korea rationalised 1.07 Mt/yr in 2019-2025 South Koreanot published 2025Argus, May 2025 (plant sizes 1-2 Mt/yr)

Largest producers: India

CompanyCountryVolumeYearSource
Reliance Industries (Jamnagar) majority of Indian capacity; exports and captive PTA Indianot published 2025indicative
Indian Oil (Panipat) feeds Panipat PTA; not published Indianot published 2025indicative
ONGC Mangalore Petrochemicals (MRPL) export-oriented aromatics complex; not published in sources reached Indianot published 2025indicative
Bharat Petroleum (Kochi) not published Indianot published 2025indicative

India had 3.13 Mt/yr of PX capacity and produced 3.16 Mt in 2017 (DCPC via CEIC), led by Reliance. India is broadly self-sufficient in PX and exports surplus, but imports PTA (1.95 Mt in January-November 2025, S&P Global).

Position by region

RegionPosition
USLost 0.9 Mt/yr of capacity in 2019-2025 (Argus); imports Korean PX for PTA.
EUSmall PX base; PTA closures reduced demand.
IndiaReliance-led self-sufficiency; PX exports compete with Korean and Japanese cargoes in China.
ChinaClose to 47 Mt/yr; imports fell as self-sufficiency rose but were still 9.61 Mt in 2025 (Mysteel).
JapanSmall, older units; 0.43 Mt/yr closed 2019-2025 (Argus).
Middle EastExported 220,530 t to China in 2025, 2.3% of China's imports, via Hormuz (S&P Global).