Toluene is a colorless and water-insoluble component added to gasoline that is used to produce benzene and solvent. Toluene is used in the production of polymers and other plastic products such as plastic soda bottles, dyes, cosmetic nail products, and the synthesis of organic chemicals. Toluene has widely used an industrial feedstock and a solvent. It naturally occurs at low levels in crude oil and is a byproduct in the production of gasoline. Toluene acts as an octane booster in gasoline fuels used in internal combustion engines. Absolute toluene is used as a fuel for two-stroke and four-stroke engines.
The toluene market is anticipated to grow rapidly in the forecast period owing to driving factors such as an increase in demand for toluene owing to its wider use in gasoline blends and increase in demand for aromatics in the petrochemical industry in the development of synthetic fibers, elastomers, agrochemicals, dyes, nail paints. Increasing automobile production which leads to rising consumption of lubricants are in developed and developing countries is estimated to fuel the growth of the market. However, a shift in the trend of the oil & gas industry toward lighter feedstock and availability of substitutes at lower prices in the market is expected to hinder the market growth.
The "Global Toluene Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the toluene market with detailed market segmentation by type, application, and geography. The global toluene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading toluene market players and offers key trends and opportunities in the market.
The global toluene market is segmented on the basis of type and application. On the basis of type, the toluene market is segmented into benzene & xylene, toluene diisocyanates, solvents, gasoline additives and others. Based on application, the toluene market is segmented into blending, dyes, drugs, cosmetics and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global toluene market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The toluene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region. The report analyzes factors affecting the toluene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the toluene in these regions.
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The reports cover key developments in the toluene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from toluene market are anticipated to lucrative growth opportunities in the future with the rising demand for toluene in the global market. Below mentioned is the list of few companies engaged in the toluene market. The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the toluene market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
China Petrochemical Corporation
CPC Corporation Limited
Exxon Mobil Corporation
Formosa Plastics Corporation
LyondellBasell Industries Holdings B.V.
Mitsubishi Chemical Corporation
Royal Dutch Shell PLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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TABLE OF CONTENTS
1. INTRODUCTION 1.1. SCOPE OF THE STUDY 1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 1.3. MARKET SEGMENTATION 1.3.1 Toluene Market - By Type 1.3.2 Toluene Market - By Application 1.3.3 Toluene Market - By Region 126.96.36.199 By Country 2. KEY TAKEWAYS 3. RESEARCH METHODOLOGY 4. TOLUENE MARKET LANDSCAPE 4.1. OVERVIEW 4.2. PEST ANALYSIS 4.2.1 North America - Pest Analysis 4.2.2 Europe - Pest Analysis 4.2.3 Asia-Pacific - Pest Analysis 4.2.4 Middle East and Africa - Pest Analysis 4.2.5 South and Central America - Pest Analysis 4.3. EXPERT OPINIONS 5. TOLUENE MARKET - KEY MARKET DYNAMICS 5.1. KEY MARKET DRIVERS 5.2. KEY MARKET RESTRAINTS 5.3. KEY MARKET OPPORTUNITIES 5.4. FUTURE TRENDS 5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC 6. TOLUENE MARKET - GLOBAL MARKET ANALYSIS 6.1. TOLUENE - GLOBAL MARKET OVERVIEW 6.2. TOLUENE - GLOBAL MARKET AND FORECAST TO 2028 6.3. MARKET POSITIONING/MARKET SHARE 7. TOLUENE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE 7.1. OVERVIEW 7.2. TYPE MARKET FORECASTS AND ANALYSIS 7.3. BENZENE & XYLENE 7.3.1. Overview 7.3.2. Benzene & Xylene Market Forecast and Analysis 7.4. TOLUENE DIISOCYANATES 7.4.1. Overview 7.4.2. Toluene Diisocyanates Market Forecast and Analysis 7.5. SOLVENTS 7.5.1. Overview 7.5.2. Solvents Market Forecast and Analysis 7.6. GASOLINE ADDITIVES 7.6.1. Overview 7.6.2. Gasoline Additives Market Forecast and Analysis 7.7. OTHERS 7.7.1. Overview 7.7.2. Others Market Forecast and Analysis 8. TOLUENE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION 8.1. OVERVIEW 8.2. APPLICATION MARKET FORECASTS AND ANALYSIS 8.3. BLENDING 8.3.1. Overview 8.3.2. Blending Market Forecast and Analysis 8.4. DYES 8.4.1. Overview 8.4.2. Dyes Market Forecast and Analysis 8.5. DRUGS 8.5.1. Overview 8.5.2. Drugs Market Forecast and Analysis 8.6. COSMETICS 8.6.1. Overview 8.6.2. Cosmetics Market Forecast and Analysis 8.7. OTHERS 8.7.1. Overview 8.7.2. Others Market Forecast and Analysis 9. TOLUENE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS 9.1. NORTH AMERICA 9.1.1 North America Toluene Market Overview 9.1.2 North America Toluene Market Forecasts and Analysis 9.1.3 North America Toluene Market Forecasts and Analysis - By Type 9.1.4 North America Toluene Market Forecasts and Analysis - By Application 9.1.5 North America Toluene Market Forecasts and Analysis - By Countries 188.8.131.52 United States Toluene Market 184.108.40.206.1 United States Toluene Market by Type 220.127.116.11.2 United States Toluene Market by Application 18.104.22.168 Canada Toluene Market 22.214.171.124.1 Canada Toluene Market by Type 126.96.36.199.2 Canada Toluene Market by Application 188.8.131.52 Mexico Toluene Market 184.108.40.206.1 Mexico Toluene Market by Type 220.127.116.11.2 Mexico Toluene Market by Application 9.2. EUROPE 9.2.1 Europe Toluene Market Overview 9.2.2 Europe Toluene Market Forecasts and Analysis 9.2.3 Europe Toluene Market Forecasts and Analysis - By Type 9.2.4 Europe Toluene Market Forecasts and Analysis - By Application 9.2.5 Europe Toluene Market Forecasts and Analysis - By Countries 18.104.22.168 Germany Toluene Market 22.214.171.124.1 Germany Toluene Market by Type 126.96.36.199.2 Germany Toluene Market by Application 188.8.131.52 France Toluene Market 184.108.40.206.1 France Toluene Market by Type 220.127.116.11.2 France Toluene Market by Application 18.104.22.168 Italy Toluene Market 22.214.171.124.1 Italy Toluene Market by Type 126.96.36.199.2 Italy Toluene Market by Application 188.8.131.52 United Kingdom Toluene Market 184.108.40.206.1 United Kingdom Toluene Market by Type 220.127.116.11.2 United Kingdom Toluene Market by Application 18.104.22.168 Russia Toluene Market 22.214.171.124.1 Russia Toluene Market by Type 126.96.36.199.2 Russia Toluene Market by Application 188.8.131.52 Rest of Europe Toluene Market 184.108.40.206.1 Rest of Europe Toluene Market by Type 220.127.116.11.2 Rest of Europe Toluene Market by Application 9.3. ASIA-PACIFIC 9.3.1 Asia-Pacific Toluene Market Overview 9.3.2 Asia-Pacific Toluene Market Forecasts and Analysis 9.3.3 Asia-Pacific Toluene Market Forecasts and Analysis - By Type 9.3.4 Asia-Pacific Toluene Market Forecasts and Analysis - By Application 9.3.5 Asia-Pacific Toluene Market Forecasts and Analysis - By Countries 18.104.22.168 Australia Toluene Market 22.214.171.124.1 Australia Toluene Market by Type 126.96.36.199.2 Australia Toluene Market by Application 188.8.131.52 China Toluene Market 184.108.40.206.1 China Toluene Market by Type 220.127.116.11.2 China Toluene Market by Application 18.104.22.168 India Toluene Market 22.214.171.124.1 India Toluene Market by Type 126.96.36.199.2 India Toluene Market by Application 188.8.131.52 Japan Toluene Market 184.108.40.206.1 Japan Toluene Market by Type 220.127.116.11.2 Japan Toluene Market by Application 18.104.22.168 South Korea Toluene Market 22.214.171.124.1 South Korea Toluene Market by Type 126.96.36.199.2 South Korea Toluene Market by Application 188.8.131.52 Rest of Asia-Pacific Toluene Market 184.108.40.206.1 Rest of Asia-Pacific Toluene Market by Type 220.127.116.11.2 Rest of Asia-Pacific Toluene Market by Application 9.4. MIDDLE EAST AND AFRICA 9.4.1 Middle East and Africa Toluene Market Overview 9.4.2 Middle East and Africa Toluene Market Forecasts and Analysis 9.4.3 Middle East and Africa Toluene Market Forecasts and Analysis - By Type 9.4.4 Middle East and Africa Toluene Market Forecasts and Analysis - By Application 9.4.5 Middle East and Africa Toluene Market Forecasts and Analysis - By Countries 18.104.22.168 South Africa Toluene Market 22.214.171.124.1 South Africa Toluene Market by Type 126.96.36.199.2 South Africa Toluene Market by Application 188.8.131.52 Saudi Arabia Toluene Market 184.108.40.206.1 Saudi Arabia Toluene Market by Type 220.127.116.11.2 Saudi Arabia Toluene Market by Application 18.104.22.168 U.A.E Toluene Market 22.214.171.124.1 U.A.E Toluene Market by Type 126.96.36.199.2 U.A.E Toluene Market by Application 188.8.131.52 Rest of Middle East and Africa Toluene Market 184.108.40.206.1 Rest of Middle East and Africa Toluene Market by Type 220.127.116.11.2 Rest of Middle East and Africa Toluene Market by Application 9.5. SOUTH AND CENTRAL AMERICA 9.5.1 South and Central America Toluene Market Overview 9.5.2 South and Central America Toluene Market Forecasts and Analysis 9.5.3 South and Central America Toluene Market Forecasts and Analysis - By Type 9.5.4 South and Central America Toluene Market Forecasts and Analysis - By Application 9.5.5 South and Central America Toluene Market Forecasts and Analysis - By Countries 18.104.22.168 Brazil Toluene Market 22.214.171.124.1 Brazil Toluene Market by Type 126.96.36.199.2 Brazil Toluene Market by Application 188.8.131.52 Argentina Toluene Market 184.108.40.206.1 Argentina Toluene Market by Type 220.127.116.11.2 Argentina Toluene Market by Application 18.104.22.168 Rest of South and Central America Toluene Market 22.214.171.124.1 Rest of South and Central America Toluene Market by Type 126.96.36.199.2 Rest of South and Central America Toluene Market by Application 10. INDUSTRY LANDSCAPE 10.1. MERGERS AND ACQUISITIONS 10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES 10.3. NEW PRODUCT LAUNCHES 10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS 11. TOLUENE MARKET, KEY COMPANY PROFILES 11.1. BASF SE 11.1.1. Key Facts 11.1.2. Business Description 11.1.3. Products and Services 11.1.4. Financial Overview 11.1.5. SWOT Analysis 11.1.6. Key Developments 11.2. CHINA PETROCHEMICAL CORPORATION 11.2.1. Key Facts 11.2.2. Business Description 11.2.3. Products and Services 11.2.4. Financial Overview 11.2.5. SWOT Analysis 11.2.6. Key Developments 11.3. COVESTRO AG 11.3.1. Key Facts 11.3.2. Business Description 11.3.3. Products and Services 11.3.4. Financial Overview 11.3.5. SWOT Analysis 11.3.6. Key Developments 11.4. CPC CORPORATION LIMITED 11.4.1. Key Facts 11.4.2. Business Description 11.4.3. Products and Services 11.4.4. Financial Overview 11.4.5. SWOT Analysis 11.4.6. Key Developments 11.5. EXXON MOBIL CORPORATION 11.5.1. Key Facts 11.5.2. Business Description 11.5.3. Products and Services 11.5.4. Financial Overview 11.5.5. SWOT Analysis 11.5.6. Key Developments 11.6. FORMOSA PLASTICS CORPORATION 11.6.1. Key Facts 11.6.2. Business Description 11.6.3. Products and Services 11.6.4. Financial Overview 11.6.5. SWOT Analysis 11.6.6. Key Developments 11.7. LYONDELLBASELL INDUSTRIES HOLDINGS B.V. 11.7.1. Key Facts 11.7.2. Business Description 11.7.3. Products and Services 11.7.4. Financial Overview 11.7.5. SWOT Analysis 11.7.6. Key Developments 11.8. MITSUBISHI CHEMICAL CORPORATION 11.8.1. Key Facts 11.8.2. Business Description 11.8.3. Products and Services 11.8.4. Financial Overview 11.8.5. SWOT Analysis 11.8.6. Key Developments 11.9. NOVA CHEMICALS 11.9.1. Key Facts 11.9.2. Business Description 11.9.3. Products and Services 11.9.4. Financial Overview 11.9.5. SWOT Analysis 11.9.6. Key Developments 11.10. ROYAL DUTCH SHELL PLC 11.10.1. Key Facts 11.10.2. Business Description 11.10.3. Products and Services 11.10.4. Financial Overview 11.10.5. SWOT Analysis 11.10.6. Key Developments
12. APPENDIX 12.1. ABOUT THE INSIGHT PARTNERS 12.2. GLOSSARY OF TERMS
The List of Companies
1. BASF SE 2. China Petrochemical Corporation 3. Covestro AG 4. CPC Corporation Limited 5. Exxon Mobil Corporation 6. Formosa Plastics Corporation 7. LyondellBasell Industries Holdings B.V. 8. Mitsubishi Chemical Corporation 9. Nova Chemicals 10. Royal Dutch Shell PLC