Global Toluene Market Share, Size, Growth Trends And Forecast 2017-2022

1

Global Toluene Market to Reach US 29 Billion by
2022
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Toluene Market to Reach US 29 Billion by
2022 The global toluene market has been
witnessing a positive growth. This can be highly
attributed to the flourishing end-use industries
along with a strong growth in the emerging
markets. The latest report by IMARC group,
title Toluene Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022, finds that the global toluene
market has reached a value of more than US 21
Billion in 2016. Toluene is a water-insoluble,
colourless and organic liquid chemical compound
which is produced during the procedure of
gasoline production along with other fuels from
crude oil. In addition to this, it can be found
as a by-product of styrene production and through
natural sources such as tolu tree. Owing to its
properties, toluene is extensively used as a
solvent which is present in nail paint remover,
paint thinners, correction fluid, glues,
etc. Request Sample of the Report
http//www.imarcgroup.com/request?typereportid6
85flagB
4
Report Description and Highlights
5
Report Description and Highlights
Report Description

• Highlights of the global toluene market
• One of the primary growth-inducing factors is the
  increasing usage of toluene and its derivatives
  across various industries.
• Reformate process is the leading technology in
  the market.
• Asia Pacific represents the largest market owing
  to strong GDP growth.
• Thriving end-use industries particularly in
  emerging countries across the globe acts as a
  major factor inducing the growth of the global
  toluene market. The growth is also being driven
  by the expanding use of toluene in gasoline
  blends where it controls gasolines energy
  content by acting as octane booster. Moreover,
  aromatics are being increasingly used in the
  petrochemical industry for the production of
  agrochemicals, elastomers and nail paints, etc.
  This, in turn, is contributing to the market
  growth.  As a result, the global toluene market
  is further projected to reach a value of nearly
  US 29 Billion, exhibiting a CAGR of 5 during
  2017-2022.
• .
• Read full report _at_ http//www.imarcgroup.com/tolue
  ne-technical-material-market-report

6
Report Description and Highlights
Report Description

• On the basis of technology, reformate process
  clearly exhibits a clear dominance in the market,
  followed by pygas process, coke/coal process and
  styrene process. Based on application, benzene
  represents the largest application of toluene,
  followed by solvents, xylene and TDI.
  Region-wise, Asia-Pacific currently accounts for
  the majority of the total global share. This is
  due to the rapid growth in GDPs of various
  countries in the region. Other major markets
  include North America, Europe, Middle East and
  Africa, and Latin America. The market has also
  been segregated on the basis of imports which is
  led by China, followed by Republic of Korea,
  India, the United States and the Netherlands. On
  the basis of export, Republic of Korea holds the
  largest share in the market. It is followed by
  Japan, the United States, the Netherlands and
  Singapore. Further, the competitive landscape of
  the market has also been analysed with some of
  the key players being BASF, Covestro, BP PLC, Sk
  Innovation Co., Ltd and Royal Dutch Shell Plc.
• The report by IMARC Group has examined the
  global toluene market on the basis of
• Technology
• Reformate Process
• Pygas Process
• Coke/Coal Process
• Styrene Process
•  

7
Report Description and Highlights
Report Description

• Application
• Benzene
• Solvents
• Xylene
• TDI
• Region
• Asia-Pacific
• North America
• Europe
• Middle East and Africa
• Latin America
• Import
• China
• Republic of Korea
• India
• United States of America

8
Report Description and Highlights
Export Republic of Korea Japan United States of
America Netherlands Singapore Key Players BASF
Covestro BP PLC Sk Innovation Co., Ltd. Royal
Dutch Shell Plc Browse More Related Report
http//www.imarcgroup.com/categories/chemicals-mar
ket-reports

9
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
10

Contact Us